Comments on: No Demo Web-Based Platform from UFXBank

By: Robbie Strankay

Robbie Strankay — Thu, 09 Feb 2012 20:17:56 +0000

Have you been able to withdraw any money from UFXBank? Unless you have taken out more than $2000 dollar out of the account you have earned nothing so far! I have not been able to take out any money at all despite the fact that they say I have $24,822 USD available to take out and I have completed the Bonus program. I need to contact the account manager to take out money, but account manager has not contacted me at all for 3 months to tell me why I cannot access any money! You will probably not be able to take any of the money you deposit back out again no matter how much profit you make because that is how the scheme actually works. If you do loose money on a trade, how do you know the trade is not a fake trade any they are keeping the money from your account? If any one knows how to get money back e-mail me back at Dakin8@mail.com!

By: isaac densho

isaac densho — Thu, 16 Sep 2010 12:08:58 +0000

My savings have been dwindling down since the economy started falling. I needed another way to earn money, as my current job doesn’t pay enough. I was suspicious at first using UFXBank. I tried it out anyway and came away very impressed. At first, my questions wasnt answered properly by their representatives. Then I realized that I needed to lern more about how the scheme actually works. Once I figured out what to do, I deposited 2000 dollars with them. I have now earned 780 dollars from my investment. I think this is a company to deal with. To be honest, i was thinking of switching to another company until profits came rolling in. Ive been trading with them for a year now. If you are interested in earning more than what youre bank provides, then you should try out this online forex broker.

By: Extremely irritated

Extremely irritated — Mon, 25 Jan 2010 19:56:51 +0000

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.

By: SwissIndian

SwissIndian — Mon, 18 Jan 2010 20:48:48 +0000

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

By: Andrei

Andrei — Sat, 17 Oct 2009 16:58:32 +0000

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…

By: Thomas

Thomas — Sat, 17 Oct 2009 07:57:12 +0000

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.

By: david

david — Mon, 12 Oct 2009 11:15:00 +0000

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

By: Cedrick

Cedrick — Wed, 20 May 2009 10:31:18 +0000

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.

By: Andrei

Andrei — Wed, 20 May 2009 06:40:06 +0000

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

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

By: Cedrick

Cedrick — Wed, 20 May 2009 06:15:05 +0000

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