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UFX Review 2025

Updated:

Brief Look at UFX

UFX entered the market on November 30, 2020, claiming to be a reliable broker that ensures the security of clients' funds and personal data. UFX also attracts traders with high fees on trades. However, there are some concerning points: UFX is registered offshore, and the minimum deposit required is $100, which is higher than many other brokers. The claim that the company's headquarters are in Tel Aviv is false.
UFX’s clients have reported problems with technical support, as responses are either not received or lack necessary information. They often struggle to withdraw funds from their accounts.
Most traders reviewing UFX give it a minimum rating of 1 star. Additionally, UFX has been caught several times trying to post fake reviews about itself.
Because of these issues and warnings from regulators, UFX has been blacklisted as a broker in 2024.

User Satisfaction i

Score:
6.2/10

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michelleself4269473
2 years ago

Withdrawal of funds in UFX has not been happening for more than a month. I realized that I was deceived. They had $3,000 left. I don't know what to do now. All this is like a terrible dream. People, do not trade with these scammers!

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JessicaSSVX
2 years ago

I fell for the deal. Invested money. All of them ended quickly, as the deal. that I was advised to open. were profitable. Everything here is set up to drain money, but I realized it too late...

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donzj16
3 years ago

They didn’t give a penny to withdraw, they quickly drove it into a minus. The broker is a scammer, that's for sure. I do not advise you to contact, you will definitely be left without money!

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Michaeldow
3 years ago

The transparent conditions of the broker are not very well presented on this website. Maybe, for this reason, UFX services are not so in demand among traders. There are excellent conditions for beginners, most of whom merge their first deposits even with the very best brokers. But the advantage of UFX.com is that it will be a loss of money in the cent account, which will not cause significant damage. Thanks to adequate commissions and a convenient terminal, in UFX you can reach a small but stable income in a few months. I recommend this broker, especially for intraday trading.

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Williamfose
3 years ago

The thing that I like the most is that UFX uses a fixed spread. This is important for my strategy, which involves trading on the news. When waiting for fundamental events in a trading session that is relevant for a currency pair, the spread can expand by 2-3 times, which can sometimes make a profitable deal unprofitable. For UFX, an increase in volatility before the news or in the case of a force majeure does not affect the spread. Additional advantages of UFX include a large number of output methods. I did not notice any serious shortcomings that negatively affect trading. I trust this broker because it hasn't let me down yet.

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KennethPab
3 years ago

prefer to work on MT5, but UFX provides this terminal on a deposit of 5000 USD. For this reason, after opening an account, I had to work on an authoring web platform, which I did not quite like. I decided to first test the conditions on a cent account, and then decide whether to increase the deposit and generally stay with this broker. After several weeks of trading, I realized that fixed spreads are not suitable for my strategy. Or it's just that their size is too large for UFX - after all, 4 points for major currency pairs! Perhaps, for automatic trading or when placing pending orders, such spreads are suitable, but I did not check and went to another broker.

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louisasd3
3 years ago

I am a beginner. It seems to me that in UFX I have found a good partner to start trading. There are no training courses here, but I found my own. Otherwise, everything about this broker suits me. A demo account is available, as well as a real cent account which allows you to start with little investment and risk. In addition, UFX offers a high level of leverage. There is a fixed spread and a quite convenient trading platform without the need to install it on a computer. Everything suits me here, but if I missed something important, please tell me or correct it.

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