UFX Offers Traders a Personal and Modern Touch

  • Bonus$50 No deposit; 100% CashBack
  • RegulationCYSEC, MIFID
  • MobileYes
  • InstrumentsGold, Currencies, CFDs, Stocks, BitCoin and MT4 Platform
  • Websitewww.ufx.com

UFX is the trading name of Reliantco Investments Ltd, an investment firm located in Cyprus, that is authorized and regulated by CySEC. UFX was initially founded in 2007, but it wasn’t until 2011 that the brand became regulated in the EU. UFX also operates in compliance with the Markets in Financial Instruments Directive (MiFID). All of which should put your mind at ease if you’re considering a trading career with this particular broker.
However, we feel we should add a word of caution, as we found many negative reviews when undertaking the research for this UFX Forex brokers review. If the operations and services of UFX are as bad as some disgruntled customers claim, they wouldn’t have a license. So we took all the comments on board, as you should too, and then continued with our careful research.
While UFX has been in business since 2007, many of its awards are recent. Such as The European 2015 FX Broker of the Year, The European 2015 Financial FX Director of the Year, and the UK Forex Awards 2015 Best Value Forex Broker.

Web, mobile or download – The trading platform options from UFX

Many traders will be pleased to see that UFX offers the MetaTrader 4 trading platform, after all it is one of the most popular platforms currently available. However, while many other Forex brokers offer MT4 to all their traders, UFX has restricted its use to UFX Gold and Platinum Account holders only. Which means a sizeable deposit will have to be made, which we thought was a little disappointing.
So what is left for all the other traders? ParagonEx Web Trader 4.0 powered by MassInsights™ Technology is the alternative for new and low budget traders. It can be accessed through any web browser, and there is no need for a download. It is a trading platform unique to UFX, and is actually rather easy to use. For those who prefer to trade on the move there is a mobile trading option.
Different accounts for different traders, with UFX Forex brokers