UFX  is an authorised Financial Service Provider
of the Financial Sector Conduct Authority of South Africa
under FAIS License Number 44961.



UFX is a pioneer in retail CFD trading, and since it was founded in 2007, has grown into an internationally recognised leader in the online trading industry. In 2011, UFX became regulated in the European Union, with its global business being regulated by the Cyprus Securities and Exchange Commission.


UFX is an STP (Straight-Through-Processing) broker, meaning they do not take opposing trades to yours, offering fixed and stable spreads. UFX’s robust trading platform caters to traders of all levels, and the broker offers around-the-clock award-winning customer support.


UFX Review


UFX is headquartered in Cyprus, and has a Representative Office located in London, the United Kingdom.











Based in


London / Cyprus



Software, Web Trader, MT4 support, iPhone app, Android app




CySec, FSB


English, Arabic, Czech, Danish, German, Spanish, Finnish, French, Hindu, Indonesian, Italian, Japanese, Malay, Dutch, Norwegian, Polish, Portuguese, Romanian, Russian, Swedish, Turkish, Vietnamese, Chinese




Deposit Methods


Credit Card, Wire Transfer, Bank Transfer, eWallets

Withdrawal Methods


Credit Card, Wire Transfer, Bank Transfer, eWallets

Minimum 1st Deposit





Up to 400:1




Account Types


Micro/Mini, Mini, Standard, Gold, Platinum, Islamic

Return to Loss



Number of Assets



Types of Assets


Currency pairs, Commodities, Stocks, ETFs, Indices

Expiry Times


1 Week

Welcome Bonus


$50 no deposit required (Terms & Conditions apply)

Demo Account



Mobile Trading



USA Friendly







Overall Score







UFX Pros

ü  User Friendly Trading Platform

ü  Fast Trade Executions

ü  Low + Fixed Spreads 

ü  Mobile Platform for iOS and Android

ü  MT4 Support

ü  MassInsights™ Technology – Stream of Real Time Market Events and Data

ü  UFX Rewards – Cashback Loyalty Programme 

ü  Large Selection of Tradable Assets

ü  Large Selection of Supported Payment Methods


UFX Cons

û  No US support

û  No phone support on weekends




ParagonEx Web Trader 4.0


UFX’s in-house developed ParagonEx Web Trader 4.0 is accessible through any web browser and does not require the user to download any programmes to their computer.


With comprehensive asset management filters, UFX’s Web Trader puts all your favourite assets front and centre, letting you focus on the ones you care most about.


UFX MassInsights™ Technology


What really catches the attention is the continuously updated live-stream on the right side of the platform. This is a part of UFX’s MassInsights™ Technology, a comprehensive live stream of market events and aggregated trader behaviour, showing UFX traders everything that’s happening in the trading markets.


In addition to showing the actual BUY vs. SELL percentages on specific assets, the broker’s system can pick up on market activity and events, and displays them via element tiles. UFX’s MassInsights™ Technology notifies traders of uptrends, downtrends, turnarounds, trading signals, volatility, market news, and much more. With so much information continuously being provided, UFX’s MassInsights™ has become a powerful trading tool for UFX traders.


UFX Trader App – Mobile Trading Platform


There’s nothing lost when transitioning from the Web Trader to the Trader App. All of the tools, features, charts, and MassInsights™ stream are there, right on your Android or iPhone.


MT4 Support



For more experienced Gold and Platinum account holders, UFX offers full MT4 support, letting you link your UFX Trading Account to the industry renowned trading programme.



Account Types and Bonuses


In addition to offering Micro/Mini, Mini, Standard, Gold, Platinum, and Islamic accounts types, all Trader Accounts can toggle between Demo Mode and Real Mode seamlessly.


UFX’s Demo Mode lets you experience all of the broker’s tools and features, without risking any capital.


Trade Types and Assets


One of the major advantages of trading CFDs online is the sheer amount of markets and assets at your disposal.


UFX lets you trade on over 250 leading currency pairs, commodities, stocks, indices, and ETFs.



Payments & Deposits


UFX offers a wide array of safe and efficient methods for depositing funds into your trading account.


UFX supports account funding via:

·         Major Credit/Debit Cards

·         Local Bank Wire

·         Skrill (Moneybookers)

·         Neteller

·         SOFORT

·         ELV

·         giropay

·         iDEAL

·         Neosurf

·         China UnionPay

·         CashU

·         Qiwi

·         WebMoney

·         POLi

·         paysafecard

·         Bitcoin

Payments & Withdrawals


UFX makes withdrawing funds fast and simple. Withdrawals usually take up to 3-10 business days to be processed, and UFX does not charge any fees for withdrawing funds.


Tools & Features


In addition to its MassInsights™ UFX offers a long list of trading tools and features.


Tools like:

·         Advanced Trading Charts

·         Stop Loss

·         Take Profit

·         Price Alerts

·         Equity Drop Alerts

·         Margin Calls 

·         Anti-Negative Balance Protection

·         Personal Trading Coaches


Customer Service



UFX’s award winning and dedicated customer service team is available Mon.-Fri., 24-hours a day.


UFX offers support in 23 languages.



Click here to apply for a free demo trading account


Click here to apply for a live trading account




Yes, I am interested in signing up

for an UFX live trading account!



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PS: If ever you realize that you need quality training in order to understand the markets better and to trade better, contact me for your training!


If you are having trouble signing up or require any assistance, please do not hesitate to contact us on info@forexmasters.co.za.






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Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.



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