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UFX Markets Review

UFX Markets
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Overview

Bideford UFXMarkets is a world-class forex dealer out of London, England. Because of the thousands of transactions they process every month, they are a well-known and trusted dealer in the FX… more

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Details

Broker UFX Markets
Website URL www.ufxmarkets.com
Founded 2007
Headquarters Cyprus
Type of Broker Market maker, STP
Support Types Live Chat, Email, Phone
Languages English, French, Spanish, German, Italian, Arabic, Turkish, Portuguese, Dutch, Swedish, Greek, Danish, Norsk, Russian, Romanian, Chinese
Trading Platform ParagonEX, MT4
Minimum Deposit $100
Bonus 30% Deposit Bonus
Max Leverage 1:200
Free Demo Account Open Demo
Regulated Yes
Regulation FSA UK, FSC, CySEC
Hedging Yes
One-Click Execution Yes
OS Compatibility Mac, Windows
Account Types Mini Account, VIP Account, Segregated Account, Islamic Account (Swap Free), Managed Accounts
Deposit Methods Credit Card, Debit Card, Money Bookers, Cash u, Wire Transfer
Withdrawal Methods Credit Card, Debit Card, Money Bookers, Cash u, Wire Transfer
More Instruments Metals, Oil, Gold, Indices, Stocks, Commodities, CFDs
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 3.9/5.0

Screenshots

Screenshot 1 Screenshot 2

Pros

  • Fixed spreads. This allows traders the upfront knowledge of trading conditions.
  • Commodities are available for trading.
  • The MetaTrader 4 platform is well-known and reliable. It has been being used for years, and is very stable.
  • Accounts can be started with as little as $100.
  • The deposit process is simple and quick, as you can use a bank wire, credit and debit cards, Diner’s Club, WebMoney, MoneyBookers, Neteller, as well as PayPal to fund your account.
  • Withdraw can be done in reverse.

Cons

  • Americans are not allowed to trade with this dealer.

Review

UFXMarkets is a world-class forex dealer out of London, England. Because of the thousands of transactions they process every month, they are a well-known and trusted dealer in the FX world. UFXMarkets had been a solid and trustworthy broker to thousands of traders around the world. Because of this, you will find a very sturdy and reliable dealer at this firm. The spreads are tight, and the trading conditions are fair. There are also binary forex options available as well.

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