UFXBank

UFXBank

UFXBank - Forex Broker

Broker nameUFXBank
Company nameUFXBank
Online since2009-01-01
Site urlhttp://www.ufxbank.com
CountryUnited Kingdom
Minimum account size100.00
Minimum account size currencyUSD
Minimum position size0.050000
Maximum leverage200
Maximum leverage description1:200
Spread levelhigh
Spread description2-4 pips on EUR/USD
Is regulatedNO
Regulation descriptionUnregulated
Easy registrationYES
Votes count45
Rating3.10
Email

Please rate this broker


Advantages

  • Browser-based trading platform.

Disadvantages

  • Relatively high spreads.
  • Browser-based trading platform.

Payments

  • Credit cards
  • MoneyBookers
  • Neteller
  • PayPal
  • WebMoney
  • Western Union
  • Wire transfer

Categories

Visit broker

18 Reviews

  1. Margaret:

    UFX Bank takes their customers very seriously whether it is through sent every morning, daily market updates, or useful Daily Outlook Videos. On their website, you will find great trading tips.
    They do everything so that their platform to be convenient for their clients. If you use this broker, you will get a great trading experience that you have never met before. They offer great conditions, like low starting deposit for new traders. Many traders will probably think that a $100 investment is not the most favorable to produce bit amount of profit. However, if you use 200:1 leverage, you will be able to get involved in a good trading gaining the experience that you have been seeking for.
    You can use their great demo account to make sure that this broker is worth attention. If you start with just $100, you can pretty good feel the market and eventually increase the amount of your investments as you want. There are no charges or Commission on deposits or withdrawals. In my opinion, this broker is pretty good. They think that the trading experience of their clients is the most important.

  2. Kyle:

    I have been trading with UFX Bank and I like this broker because everything there is transparent. This is why I have never met with them any hidden fees, charges or whatever. If I have a question about something, I can at any time to contact their representatives and ask that what I need. I can get helped in second and this is a very good sigh which tell of responsibly and desire to make to feel well their customers. They will do everything you want; including will instruct you on how to use their trading platform. In order to make their client to feel the most comfortable, they will provide the comprehensive information on daily market, platform, and any other which can be helpful for the traders to make some profits. I you start trading with this broker, you will discover the experience that you have never met before.

  3. Jessica:

    If you are going to make a career of trader, then you should know that choosing a reliable and trusted broker is a very important decision. You should be very careful that choosing the broker, as mistake can cost you a lot. However, it does not mean that the process of picking a reliable broker is something way too complicated and stressful. Among all those existing brokers today, UFX Bank is the one that you can trust. If you want a good start for yourself in Forex trading, then this broker is a good one to start with.

  4. Alex:

    UFX Bank does not stand at one place. I can clearly see all those improvement that have been done by them at the latest time. One of their greatest new achievements is their web based platform and mini accounts. It is possible now to invest only $100 in Forex trading with this broker. As a matter of fact, they have pretty great customer services. I am a happy client of them.

  5. Suzan:

    As far as I noticed, they services are getting better and better.

  6. murad:

    This broker is a garage company. They are not regulated. If you believe that you can make money with them, I can only wish you luck. If you make a deposit, they will be calling and sending you emails all the time, asking you to make a higher deposit. They do not have good spreads. They spreads are usually of 4 pips. There are often cases when spreads get of 8 pips. The registration process and deposited with them is easy and fast. I would even say that this is too easy compared to that it usually is. As to withdrawals, it is damn hard process. My advice is not to trade with the broker which is unregulated. You can find plenty brokers that are regulated so that you could be sure that you will be alright.
    Good luck.
    This broker is really bad. Stay away.

  7. Jhon:

    I have been using their services for several months already and I can tell that I like this broker. Not everything went smoothly, however. For instance, I did have some problems with withdraw, but I contacted their customer support and everything was sorted out. So, thanks them a lot.
    I like this broker and their services.

  8. Bassem Ibrahim:

    This broker is fake. If you do not want to lose your money, you should not trade with them. I have problems to withdraw my money from them. And in my opinion, Mr. Fatai has got to do something about that crime.

  9. Abdul Aziz Khan:

    This broker is really bad! All they want is to take your money at all costs. They are not more than just a big scam. This broker is not regulated. I am so glad I did not make any deposit with them as I understood that they are unprofessional and dishonest. One of the craziest things about them is that they say that they accept PayPal payments. They actually have PayPal symbol on their website but they will not really accept those payments.

  10. EDFx:

    This broker is a garage company. They are not regulated. If you believe that you can make money with them, I can only wish you luck. If you make a deposit, they will be calling and sending you emails all the time, asking you to make a higher deposit. They do not have good spreads. They spreads are usually of 4 pips. There are often cases when spreads get of 8 pips. The registration process and deposited with them is easy and fast. I would even say that this is too easy compared to that it usually is. As to withdrawals, it is damn hard process. My advice is not to trade with the broker which is unregulated. You can find plenty brokers that are regulated so that you could be sure that you will be alright.
    Good luck.
    This broker is really bad. Stay away.

  11. Carla:

    They have awesome services and their platform is great. I recommended using their demo account.

  12. UFXBank:

    Good broker with good Forex services.

  13. Flora Mullick:

    This broker is really great. They provide a range of great services like daily signals. Their platform is very friendly, and you will also be able to get many great recommendations. I have been trading with them for nearly a year and though I have heard of some problems with withdrawal, I have never met them myself. There is a chance that they have improved their services and I am a lucky user of the new ones. In my opinion they are great broker to trade with.

  14. Jack:

    Hey people,

    I have been using their services for several years now and to me they are great. There are some things that may can be improved, but if to put all together I think this broker is the best to me.

  15. David Bell:

    I have been using them for a year now and I have never encountered any difficulties with withdrawal. I think they are worth recommendation. I think this broker is pretty fair.

  16. Fatai:

    In November 2009 I deposited an amount of $5,000,000 and got a bonus of 50%. This bonus comes with the requirement of the minimum trading volume. On 23/12/2009 I have $18,939.557 traded, which is four time of the required for withdrawing volume. So, I decided it is enough and requested to withdraw my money and the profit I made. I was refused as according to what they told me I did not reach the required limit. I contacted them and spoke to Mr. Vincets, their risk manager. I explained the entire situation and he agreed with me. What he replied was that there were some holidays and they could not process my request right now. He brought his apologies and even made a promise to credit my account with 10% more. I relied to him, that 10% does not matter to me and all I want is to get my money back urgently. On 4/01/2010 I made another requires and sent the relevant copy about it to their financial department to my account manager Ms. Amy Walsh. I did not get a reply. I did not get my money either. I wrote them again on 7/01/2010 and get no reply. I contacted them several times and often just heart that I should contact their financial department regarding my problem. When I call to financial department they would direct me my account manager, and the last one would direct me to the risk manager. There were also other replies like their financial department was already closed, or the persons I need to talk to are on a meeting.
    I have everything recorded, including my transaction and my communication with their staff. What am really curious about is whether they are real? It would be impossible to get money from ghost. Do they actually have some normal post mail? I would also like to see them mentioned in the London registered office address.
    I intent to contact authorities about them, like FSA, National Fraud Authority, NFA and
    Metropolitan police.
    What I want is that other traded to learn my sad experience and to think twice before an account with this company. If you know anything what can be helpful for my situation, you are very welcome. Mu Username with them is Gbenga.

  17. feras32:

    There are many advantages in Forex trading. As a trader, you can use easy and helpful platform, which is great to make daily analysis and forecasts.

  18. haider:

    broker UFXBank offer great services and I am glad to work with them.

Leave a Review

*