UFX Review
5 (100%) 4 votes

A comprehensive review of UFX

About the company: UFX has a reputation as one of the foremost brokers in the Forex terrain and was established in 2007. After nearly four years of operation, the MIFID started to supervise UFX. This company has been endorsed by some of the most reputable agencies for the efficiency and credibility of its operations as well as the company’s compliance with required standards. This includes accreditation from BLEIZE for maintaining laudable financial practices.

The types of accounts operated by UFX

UFX offers as much as five different accounts for clients to select from. The various accounts are the micro account which allows participation with just a hundred dollars, the Mini account which starts at five hundred, Standard account which begins with a thousand, Gold which starts at five thousand and the platinum which begins at ten thousand.
UFX has equipped all of the accounts with the necessary features and functionalities for full and uninterrupted round the clock operations. More so, a variety of client help features were also incorporated to facilitate informed and decisive trading actions. Apart from the round the clock live assistant feature, trading suggestions and audiovisual archive, UFX has distinctive features like the individual trading preparation that is offered to every trader regardless of the nature of account operated.
Some features that are exclusive to the Gold and Platinum account include the text short message service and MT4 trading eligibility.
The leverage scope of UFX is quite expansive and stands at 400:1
UFX is very versatile and provides a Muslim account which is alignment with the doctrines of Muslim precepts concerning banking operations.
Because of the need to have an adequate understanding of Forex operations for efficient operations, UFX provides a demo account that allows beginners to practice and learn the ropes without the risk of forfeiting real cash.
UFX is also inexpensive given that no charges are required for servicing your account. However, a fifty dollar charge is applicable every six months.

Bonanza and Perks: UFX has a history of offering the most impressive bonanzas and benefits to clients. They formerly had the 30 percent deposit bonus plan but this has given way to the Cashback scheme.  They would also get a 50 bucks bonus once your mobile device is confirmed. In addition to all of the aforementioned bonanzas, UFX actively introduces new perks and gifts to clients however, they are often temporary.Review4Forex Forex Brokers Reviews UFX UFX Review

The core qualities of UFX

One of the most impressive qualities of the UFX is its freshly introduced MassInsights™ which is an explosive trading innovation that integrates transmission and reception of live market occurrences and combined trader patterns and produce the details in blow. This puts traders on top of the situation arming you with all of the insight you can possibly require in a timely fashion. This innovation is quite exceptional in that it makes it convenient to trade specific assets instantaneously as they are shown on the MassInsights™ Stream.
The MassInsights™ Stream is very graphic and instantaneously shows all of the occurrences, event, trends, patterns and developments as soon as they happen. All of these are reinforced with extra display of volume growth, and how it climbs and plummets. The MassInsights™ Stream also gives an economic calendar as well.

UFX gives an extensive variety of assets for trade which embrace commodities, stocks, indices and CFD’s. All of these apply fixed spreads, negative balance and other required instruments as well as different accounts.

Payments and Removals

Payment and removals are easily implemented on UFX through an extensive variety the commonly applied ways such as bank transfer, credit cards Moneybookers, Skrill, Neteller, Sofort, Webmoney, Qiwi, CashU and other online payment arrangements.The basic payment is set as $50 and a 70bucks prerequisite is collected for removals.

The various UFX Platforms

ParagonEx WebTrader 4.0: This is one of the platforms of the UFX and it is very dynamic while facilitating convenient entry globally. This platform efficiently combined charting arrangement with a live feed and immediate news details. It is readily accessible and operational on any internet browser. It has the distinctive quality of spotting and monitoring developments with the aid of Mass insight innovation.

UFX ParagonEx WebTrader Platform: This platform is celebrated as one of the most remarkable platforms of the UFX and offers a list of laudable features.
Mobile platforms: The mobile app offers incomparable convenience while providing heightened functionalities as well. UFX incorporates web platform with their Mass Insight technology into the UFX Trader app for heightened operability. The app is very compatible with a lot of operating systems.
MetaTrader 4 platform: As mentioned earlier, this platform is exclusively reserved for the Gold and platinum accounts and it certainly comes with its perks. If you are not running either of the aforesaid accounts, you can easily upgrade. MTS gives computerized trading, complex insightful breakdown, and a variety of other relevant instruments.

Client Assistance Service

The site is operative in over twenty-five languages for maximum convenience. UFX runs a very effective and reassuring client assistance service. UFX gives round the clock consultations from various locations.

Final statement

UFX is a force in the Forex trading terrain and has built a commendable reputation that is characterized by efficient operations, exotic features, extensive accounts, accessible platforms and an impeccable client assistant service. Let us not forget the incredible perks and bonanzas they offer. With all of the aforementioned, it can be asserted that UFX is a reliable company.