UFX Journal

Journal status: live
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UFX Profile
Year
2007
Country
Cyprus
Branches
2
Regulation
CySEC Cyprus
Investor protection
Fund protection
Cyprus Investor Compensation Fund (ICF)
Publicly traded
no
Restricted countries
Not serving
х US
Broker type
STP
Dealing book
A-book
Tier
3
Execution speed
...
LPs total
...
LPs quality
...
LPs names
not disclosed

UFX Accounts
STP
Minimum Deposit
1000 $
Leverage
400 : 1
Minimum Lot
0.1 lots
EURUSD spread
3 pips
Commission
0 $/lotRT
Volume
Unlimited
Margin Call
50 %
Stop Out
50 %
Execution
Market
Spread
floating
Scalping
no
Update broker

Is UFX safe?

  • Investor protection: Cyprus Investor Compensation Fund (ICF)
  • Regulation: CySEC Cyprus
  • Registration: ...
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is UFX trusted?

  • Information transparency: sufficient ★★★
  • Customer service: prompt, helpful ★★★★★
  • UFX website: semi-detailed, updated ★★★
  • UFX popularity (by visitor count): average ★★★

How UFX works

For the avoidance of doubt, we note that as per the terms of our licence from CySEC, we act with respect to the above as agents in a Matched Principal Trading arrangement, solely for the reception of orders which are then forwarded to another broker(s) acting as the Liquidity Provider and counterparty for the execution of such orders.

p) If scalping or any other unauthorized trading activity is performed on the Online Trading System, automated or manual. In this case all Transactions performed that way will be annulled and cancelled

http://www.ufx.com/en-GB/pre-transition/terms-and-conditions

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