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3.60
/ 5
| 🏦 Min. Deposit | USD 100 |
| 🛡️ Regulated By | CySEC |
| 💵 Trading Cost | USD 20 |
| ⚖️ Max. Leverage | 30:1 |
| 💹 Copy Trading | No |
| 🖥️ Platforms | MT5 |
| 💱 Instruments | Forex, Commodities, ETFs, Metals, Stock CFDs, WTIs |
Most retail CFD accounts lose money. Your capital is at risk.TradeForexSA follows a strict editorial standard in our review process. We may receive compensation when you click on links to products we review. Please read our advertising disclosure.
UFX is a Cypriot market maker broker, founded in 2007 and regulated by CySEC. With five different accounts types, not including the swap-free option, and support for MT5 as well as the proprietary UFX platform, it’s a shame that trading conditions are not better here.
Spreads are wide, even on the more expensive accounts, and on the Micro Account (100 USD minimum deposit) you can expect a fixed spread of 4 pips on the EUR/USD. Forex education is also lacking, as well as any kind of in-house market research, though UFX do offer both Trading Central and it’s own MassInsights trend and volatility tool.
Most retail CFD accounts lose money. Your capital is at risk.
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