UPFX-Overview of Minimum Deposit, Spreads & Leverage
Abstract：Founded in 2020, UPFX is a multi-asset broker registered in the United States, offering trading in forex, commodities, indices, cryptocurrencies, and shares with leverage up to 1:1000 and spread from 0 pips via the MT5 platform. The minimum deposit requirement is $100.
| UPFXReview Summary | |
| Founded | 2020 |
| Registered Country/Region | United States |
| Regulation | ASIC (Exceeded) |
| Market Instruments | Forex, commodities, indices, cryptocurrencies, shares |
| Demo Account | / |
| Leverage | Up to 1:1000 |
| Spread | From 0 pips |
| Trading Platform | MT5 |
| Social Trading | ✅ |
| Min Deposit | $100 |
| Customer Support | 24/7 contact form |
| Email: admin@upfxtrade.com | |
| Company Address: New Horizon Building, Ground Floor, 3½ Miles Philip S.W. Goldson Highway, Belize City, Belize | |
Founded in 2020, UPFX is a multi-asset broker registered in the United States, offering trading in forex, commodities, indices, cryptocurrencies, and shares with leverage up to 1:1000 and spread from 0 pips via the MT5 platform. The minimum deposit requirement is $100.
Pros and Cons
| Pros | Cons |
| Diverse tradable assets | Exceeded ASIC License |
| Multiple account types | High minimum deposit requirement |
| Commission-free accounts offered | Limited contact channels |
| Flexible leverage ratios | |
| MT5 offered | |
| Social trading | |
| Popular payment options |
Is UPFX Legit?
No, UPFX currently has no valid regulations. It only holds an exceeded Investment Advisory License from Australia Securities & Investment Commission (ASIC).
| Regulated Country | Regulated Authority | Regulatory Status | Regulated Entity | License Type | License Number |
 | Australia Securities & Investment Commission （ASIC） | Exceeded | ULTIMATE PINNACLE CO PTY LTD | Investment Advisory License | 224485 |
What Can I Trade on UPFX?
| Trading Asset | Available |
| forex | ✔ |
| commodities | ✔ |
| indices | ✔ |
| shares | ✔ |
| cryptocurrencies | ✔ |
| bonds | ❌ |
| options | ❌ |
| ETFs | ❌ |
Account Type/Leverage/Fees
| Account Type | ECN | Ultimate | Pro | Golden |
| MinDeposit | $5 000 | $100 | $1 000 | $100 |
| Max Leverage | 1:400 | 1:500 | 1:400 | 1:1000 |
| Spread | From 0 pips | From 2.0 pips | From 0.6 pips | From 2.0 pips |
| Commission | $3 per side | ❌ | $4 per side | ❌ |
| Trading Markets | 150+, Forex, CFDs & Crypto | 130+, Forex, CFDs & Crypto | ||
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | iOS, Android, Web | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
Available deposit and withdrawal methods on this platform include:
- Visa
- MasterCard
- NETELLER
- Tether (USDT)
- UnionPay
- Skrill
Read more
Think Before You Trade: InstaForex and InstaTrade Flagged in Malaysia
Malaysia’s financial regulator has issued a warning to investors regarding two trading platforms, namely InstaForex and InstaTrade.
10 Best MUST- READ Books on Forex Trading
Traders neglect the basic education about the forex market and end up losing money. It is one of the common mistakes they do. It is unsaid rule that If you're enter in the jungle of forex, you must read, learn, and understand before you start trading. In this article, you'll get to know about the books on forex trading that you must read.
Inefex: Mastering the Art of Duping Forex Investors
Fallen prey to high-return promises made by Inefex through social media and other platforms? Facing constant pressure from it to deposit funds despite consistent losses in trade? Most probably, Inefex has scammed you like many others. The constant foul play in its operation has been grabbing attention on forex broker review platforms. Check out some of their reviews.
Top 4 Forex Scam Tactics Fake Brokers Use to Trap Investors
Fake forex brokers always have multiple plans to dupe investors, including even the experienced ones. The constant complaints surrounding too-good-to-be-true schemes duping investors have made headlines in many forex journals. It’s time to stay vigilant against forex scam tactics that fraudulent brokers usually employ to defraud investors. In this article, we will talk about the top four forex scam tactics.
WikiFX Broker
Latest News
PayPal reports slow growth in key margin figure even as earnings top estimates
WikiFX5 Best Forex Brokers in Singapore for 2025
WikiFXTrump's tariffs could soon bring higher food prices for some Americans, analysis finds
WikiFXiFourX: So Many Red Flags You Can’t Ignore
WikiFXTom Lee's Granny Shots ETF rakes in $2 billion in AUM just 9 months after inception
WikiFXStarbucks same-store sales fall again, but CEO Niccol says turnaround is ahead of schedule
WikiFXSingapore holds monetary policy, flags slowdown in second half of the year
WikiFXTop Forex Chart Patterns Every Trader Must Know
WikiFXAdidas to raise prices as US tariffs cost €200m
WikiFXTop 4 Forex Scam Tactics Fake Brokers Use to Trap Investors
WikiFXRate Calc
