EDITORIAL VERDICT
The IC verdict
UFX is a long-standing Forex and CFD broker regulated in Cyprus and Belize, offering several trading platforms, multi-tier accounts and 24/5 multilingual support.
RATING · 6 factors
The composite breakdown
VERDICT · pros & cons
What's good, what isn't
Pros
- 10+ years of operating history
- Regulated by CySEC and IFSC with MiFID compliance
- Three trading platforms: MetaTrader 4, ParagonEX Web Trader and UFX Mobile
- Customer support in 23 countries, 24/5
- Islamic account available
Cons
- Not available to US or Canadian traders
- Standard account spreads start at 3 pips (EUR/USD)
- High minimum deposits on Gold and Platinum tiers ($5,000 / $10,000)
- Withdrawals take roughly 3 working days
REGULATION · licenses
Where UFX.COM is regulated
Cyprus Securities and Exchange Commission
Cyprus
Active
International Financial Services Commission
Belize
Active
FAQ
Common questions
When was UFX founded?
UFX is a Forex and CFD broker that started in 2007 and is based in the Republic of Vanuatu.
Is UFX regulated?
Yes — UFX is regulated by the Cyprus Securities and Exchange Commission (CySEC) under MiFID, and by the Belize International Financial Services Commission (IFSC) for clients outside the European Union.
Does UFX accept US clients?
No — traders who are nationals of the United States or Canada cannot use UFX. UFX accepts clients from most other countries, including the UK, Australia, Singapore and many EU states.
What platforms does UFX offer?
UFX offers three platforms: MetaTrader 4 (MT4), ParagonEX Web Trader and UFX Mobile (iOS and Android).
What is the minimum deposit at UFX?
UFX accounts start with a $100 minimum deposit on the Micro account, with higher minimums on Mini ($500), Standard ($1,000), Gold ($5,000) and Platinum ($10,000) tiers.
What leverage does UFX offer?
UFX offers leverage up to 1:400.