UFX Review and Tutorial 2021

UFX Global is the leading forex and Contract for Differences (CFDs) exchanging stage that Reliantco Investments Limited claims. The organization was set up in 2007 and is situated in the Republic of Vanuatu. 

The organization’s administrative center is arranged at Govant Building, Kumul Highway, P.O. Box 1276 Port Vila, Vanuatu. The dealer works on a Straight-through-Processing (STP) plan of action and doesn’t restrict business sector positions to that of their customers’ exchanges. 

With their advanced exchanging stages, UFX intends to meet every customer’s exchanging needs while simultaneously offering steady and serious spreads.

Regulation & Reputation

As far as administrative oversight, UFX goes under the ward of the Vanuatu Financial Services Commission. The dealer is controlled under permit number 14581. 

Concerning the standing that UFX has procured throughout the long term, the agent has been perceived by driving industry reviewers for its remarkable administrations and item contributions. Since 2012, UFX has been winning acknowledgment for its administrations to the business.

Trading Platform

Concerning the exchanging platforms given by UFX, the specialist offer dealers two primary kinds of exchanging stages, ParagonEx Web Trader 4.0 and the MetaTrader 4 (MT4) stage.

MetaTrader 4 Platform

The MetaTrader 4 or MT4 stage is the most well-known forex and CFD exchanging stage of the business. 

It has been received by around 80% of the agents on the lookout. The stage is also popular with brokers on the web based on exchanging local areas as it’s anything but a wide scope of cutting-edge exchanging devices. 

For instance, the MT4 accompanies a high-level diagramming bundle, just as a massive library of specialized pointers. It upholds various request types and mechanized exchanging using master counsellors. The stage is additionally ready to help various dialects so that dealers can redo the UI to their local language.

ParagonEx WebTrader 4.0

The elective exchanging stage which UFX has made accessible to its customers is the ParagonEx WebTrader 4.0. 

This exchanging stage is a flexible stage that is online and requires no product download or establishment. 

It has integrated graphs and supports ongoing news channels. The adaptation 4.0 received by UFX is the most recent variant of the ParagonEx WebTrader and utilizes the imaginative MassInsights™ Technology to exchange data about the predominant patterns in the business sectors. 

This innovation is progressed to such an extent that it has gotten various honours from driving industry reviewers. 

For the individuals who like to exchange moving, there is a portable exchanging alternative.

Mobile Trading

Merchants who are profoundly versatile now presently don’t have to stress over passing up exchanging openings. With the UFX portable exchanging application, merchants would now exchange the business sectors straightforwardly from their cell phones or cell phones. 

It additionally accompanies MassInsights™ Technology and various progressed exchanging devices. The portable exchanging application is accessible for nothing and can be downloaded straightforwardly from the Apple App Store or Google Playstore.

Trading Accounts

Micro Trading Account

Minimum deposit of $100
24-hour live support
Video library access
Daily recommendations
Daily reviews

Mini Trading Account

Minimum deposit of $500
24-hour live support
Video library access
Daily recommendations
Daily reviews
Personal Coach

Standard Trading Account

Minimum deposit of $1000
24-hour live support
Daily recommendations
Daily reviews
Exclusive updates
Personal Coach
Video library access
VIP support

Gold Trading Account

Minimum deposit of $5000
24-hour live support
Daily recommendations
Daily reviews
Exclusive updates
MT4 platform Access
Personal Coach
SMS Alerts
Video library access
VIP support

Platinum Trading Account

Minimum deposit of $10,000
All features of the Gold account

Islamic Trading Account

Minimum deposit of $100
24-hour live support
Video library access
Daily recommendations
Daily reviews
Personal Coach

Bonuses & Promos

While UFX doesn’t offer any exchanging rewards to its customers, it’s anything but a devotion program called the “Cashback” program. The more you exchange, the more you will acquire as far as remunerations. Likewise, UFX additionally holds normal exchanging rivalries where merchants can take part in and win attractive prizes. A portion of the prizes offered incorporated a Lotus Elise sports vehicle.

Assets & Instruments

With UFX, merchants can exchange Currency sets, wares, ETFs, market records and stocks. There are 60+ money sets, 7 sorts of market lists, 10 ETF reserves, 29 kinds of stocks, and 7 items.

Customer Support

Client assistance at UFX is accessible 24/5 through the live visit, web contact structure and the phone. As far as local phone support, UFX has a help delegate in 23 distinct nations. With such broad help inclusion throughout the planet, it is straightforward how UFX has won countless such honours, for example, “FX Broker of the Year” and “Best Value Forex Broker.”

Deposit & Withdrawal

UFX has offered help for a few techniques for installment strategies to work with the financing and withdrawal of assets. They incorporate exchange by Visas, eWallets and bank wire move. Significant Visas, for example, VISA, Mastercard, Diners, Maestro and American Express, are acknowledged by UFX. For eWallets, merchants can utilize mainstream wallets like Neteller, Skrill, Sofort and Poli. Observe that UFX has a base sum prerequisite for the two stores and withdrawals. For stores, the base sum is $50 and $70 for withdrawals. 

Is UFX appropriate for day exchanging? 

On the off chance that you are looking for an exchange today and searching for an appropriate specialist, the primary thing you ought to consider is whether the stage and instruments offered are reasonable for day exchanging. On account of UFX, it is a reasonable intermediary for day exchanging as CFD agreements can be opened or shut whenever.

UFX Awards

Probably the most recent honours won by UFX incorporate the accompanying:

2017

• Best Forex Trading Tools – MassInsights™ Technology (UK Forex Awards)
• FX Broker of the Year (The European)

2016

• Best Forex Trading Tools – MassInsights™ Technology (UK Forex Awards)
• FX Broker of the Year (The European)
• Best Trader Loyalty Programme – UFX Rewards (FX Report Awards)
• Best Trading Platform – MassInsights™ Technology (FX Report Awards)

FAQs

What is the minimum deposit requirement to open a trading account?

The base store prerequisite at UFX is $100 for the Micro exchanging account.

How fast can my withdrawal request be processed?

The handling time for withdrawals relies upon the strategies utilized. Notwithstanding, the ordinary time needed to handle a withdrawal demand is 3 workdays.

Is UFX a reliable broker?

Indeed, UFX is a dependable intermediary as it has been working since 2007. Moreover, it is managed by the Vanuatu Financial Services Commission.

What kind of trading platform does UFX have?

There are 2 kinds of exchanging stages accessible at UFX, the MetaTrader 4 and the ParagonEx Webtrader.

Does UFX charge a withdrawal fee?

No, UFX doesn’t force any expense for withdrawals. Be that as it may, dealers can, in any case, be obligated for any expenses forced by the banks.

Accepted Countries

UFX acknowledges merchants from Australia, Thailand, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar, etc. most different nations. 

Dealers can not utilize UFX from United States, Canada.

Alternatives to UFX

On the off chance that you are searching for options in contrast to UFX, we have incorporated a rundown of the best 5 intermediaries that are like UFX beneath. This rundown of intermediaries like UFX is arranged by likeness and incorporates organizations acknowledging merchants from your area. 

1. FXPro – Multi-Award winning dealer. Represent considerable authority in Forex yet additionally offering stocks and tight spreads on CFDs and Spread wagering across a colossal scope of business sectors. 
2. Just2Trade – Just2Trade offer Hitech exchanging on stocks and choices with the absolute most minor costs in the business 
3. Libertex – Libertex – Trade Online. Libertex offers CFD and Forex exchanging, with fixed commissions and no hidden expenses. 
4. Binary.com – Binary.com is the setup pioneer of double alternatives. The decision of the high-level dealer, Binary.com, offers the best adaptability of any paired merchant. They additionally offer Forex and CFD through the MT5 stage. 

Accessible Markets – easyMarkets.com – Simply Honest. Exchange CFDs on Forex, Commodities, Indices, Shares and Cryptos With a Top Rated Forex Broker