No Demo Web-Based Platform from UFXBank

UFXBank was added to the Forex broker list on my site today. It’s U.K./Cyprus Forex broker with a custom web-based trading platform, which supports some basic charting. The main problem with this broker is that they don’t offer any demo accounts and the new traders should deposit at least $500 to try trading through their platform. Other features of UFXBank:

  • 4 pips spreads on EUR/USD
  • 1:200 leverage
  • Gold trading
  • Electronic payments: WebMoney, Moneybookers and PayPal

If you have any questions or comments regarding UFXBank broker, please, feel free to reply below.

Tags: , , , ,

AddThis Social Bookmark Button

Similar Posts:

8 Responses to “No Demo Web-Based Platform from UFXBank”

  1. Cedrick Says:

    Hello,
    The info you have submitted is incorrect. the latest policy in UFXBank is as follows
    1. Demo account are allowed after speaking with a trading manager
    2. EURUSD is 2 pip spread in the standard account type

    If you need any more info i will be happy to sumbit it.
    EarnForex is a respected site and we do want the info about our company to be accurate.
    Thanks

    [Reply]

  2. Andrei Says:

    > 1. Demo account are allowed after speaking with a trading manager

    Yeah, but can traders actually trade with virtual money on those demo accounts?

    [Reply]

  3. Cedrick Says:

    Of course they can.
    Try it and you will see.
    You can request a demo account with 10K in it. Our managers will be happy to give you one. also in a few days you will be able to do so without a trading manager directly from the website.

    [Reply]

  4. david Says:

    they are a scam.after 1 month after withdraw request,they REFUND ONLY the initial deposit,no profit 1500usd and no bonus,after I made a complaint to NFA and a shreholder,GREGG repcinziscky retreat from company,the Chicago adress disapeared from ufxbank.com site,and not last,NFA have cancel the authorisation

    [Reply]

  5. Thomas Says:

    well David, thousands of other traders will tell you that you are simply trying to make your loses feel better. UFXBank in known for a fast and reliable withdraw procedure. as it looks, you got a bonus and tried to withdraw it without trading – that is a very poor thing to do.
    when you get a bonus from any Forex company – you are expected to trade enough and pay spreads – how ells do you think they can profit as well ?
    I know for sure that UFX pays withdrawal in enormous amounts and that they are NFA regulated, they are a part of a very big holding company that holds an NFA regulated company and a non regulated company.
    I just checked the NFA website and sow it my self – they have the regulation.
    it is a shame that traders like you actually have a place to write nonsense like that but I guess that’s a part of the world we live in.
    I recommend UFX for trading and for the most loyal customer service I had till now with any broker.

    [Reply]

    Andrei Reply:

    Thomas, why haven’t you mentioned that you working for UFXBank :-) ? Maybe David have done something wrong, but talking about the company, with which you are directly affiliated, as “they” is something beyond the regular for me…

    [Reply]

  6. SwissIndian Says:

    Totally shocking. I had a similar experience. They would not even repay my USD 5000 deposit within 20 days. DO NOT USE UFXBANK!

    [Reply]

  7. Extremely irritated Says:

    I had a problem using the site and requested a refund. All my e-mail’s go ignored and it seems like nobody is interested in processing it despite the fact that it took less than 5 minutes to withdraw from my account.

    [Reply]

Leave a Reply



Forex-Metal

Follow EarnForex Blog on Twitter Don't show me this offer ×