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UFXBank — Forex Broker

Advantages

  • Browser-based trading platform.

Disadvantages:

  • Browser-based trading platform.
  • Relatively high spreads.

  See UFXBank reviews

5.6/10 (43 votes)
Company UFXBank
On-line since 2009
Country United Kingdom
Payment options PayPal, Moneybookers, WebMoney, Neteller, Western Union, credit cards and wire transfer
Minimum account size $100
Minimum position size 0.05 lot
Leverage 1:200
Categories
Spread 2-4 pips on EUR/USD
Regulation

Unregulated

Click here to open an account with UFXBank

Reviews 

19 reviews of UFXBank are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

  Ahmed Osama from Saudi Arabia.
Sunday, December 4, 2011

i trade with them for one month under the guide of their account manager and they made me lose 6000 dollars through three loosing deals

also i feel that online chat are not confidential and they transfer complains to the persons themselves

when i sent emails claiming to their support team and managers they didn't respond till now (3 weeks) and just keep on insisting on depositing more dollars.

for more details :dr.ahm.osama@gmail.com

  Margaret from Uganda.
Wednesday, June 22, 2011

UFX Bank put the client first throughout their trading experience. Whether it is through daily market updates, sent every morning, or insightful Daily Outlook Videos, with trading tips updated on site daily, they also put their client in the center of the trading software. Upon your first trading experience you will encounter an ease of trade never experienced before. Low minimum deposit is a nice option for the beginning trader who wants to start off small. Most traders will probably find that a $100 investment makes it very difficult to produce the kind of returns one expects in trading Forex. On the other hand, with 200:1 leverage, it still allows a trader to experience trading in the market with some risk versus trading on a demo. Starting off with $100 can give you a feel for the market, but ultimately, you’ll want to build up your investing power. UFX Bank does not charge any commission or fees on deposits or withdrawals. ; I found UFX Bank is a good forex broker. UFX Bank put their client first throughout their trading experience.

  Kyle from US.
Saturday, June 18, 2011

I like trading with UFX Bank because everything is shown upfront. I don’t have to deal with hidden fees or charges. If I am curious about something, I simply ask one of their representatives. I immediately get all the answers that I need. This could be the main feature that distinguishes UFX Bank’s unique approach to helping traders understand their trading platform and ultimately succeed. UFX Bank put their client first throughout their trading experience. Whether it is through daily market updates, sent every morning, or insightful Daily Outlook Videos, with trading tips updated on site daily, they also put their client in the center of the trading software. Upon your first trading experience you will encounter an ease of trade never experienced before.

  Jessica from UK.
Tuesday, June 14, 2011

Choosing a good forex broker is one of the most important decisions you need to make at the beginning of your forex trading career. Do not take this decision lightly, but at the same time don’t stress over it – the process does not need to be complicated – just like in your trading decisions, once you do your homework, things tend to fall into place. Chance favors the prepared trader and everything you need to make an informed decision is listed right here. UFX Bank will not let you down.

  Alex from UK.
Tuesday, May 31, 2011

UFX Bank really improving day by day and I found some serious changes in them. Some of their brilliant services are Java based trading platform, the minimum deposit at UFX bank іѕ $100 and their customer service is also very good. Right now they are providing me good services and I am satisfied with them.

  Suzan from US.
Saturday, May 28, 2011

I found that they are improving rapidly and their services becomes good as compared to their earlier services.

  murad from INDIA.
Friday, May 27, 2011

UFXBank is a garage operation. This forex firm is not regulated at all. Good luck pulling money out from them. Once you deposit money the 1st time, you are barraged with phone calls and emails wanting you to deposit more. Their spreads are extremely wide...4 pips. For traders, you need 8 pips just to break even. Opening an account and depositing funds is extremely easy...too easy. But withdrawing, its like pulling teeth. Never trade with an unregulated firm. There's too many forex brokers out there that are regulated, legit, and easier to deal with. Good luck.

They are really a shit...

--------------------STAY AWAY---------------------

  Jhon from UK.
Tuesday, May 24, 2011

I am really satisfied with their services and I am trading with them for past few months Ya I have some problem with their withdrawl services but their customer service help me a lot.

I am ok with services.

  Bassem Ibrahim from egypt.
Saturday, March 12, 2011

this company is fake

do not deal with them

i cannot withdraw my money

and mr Fatai i would join you to report about this crime

  Abdul Aziz Khan from UAE.
Friday, December 31, 2010

this broker really trteat ppl like shit and just aim to eat money for nothing.. really big spam not regulated atall

thanks my god i not funded my account and i knew they r not profissional at all

one of stupid things they do,saying we accept paypal and put paypal symbol in their websites and actually they dont accept it

  EDFx from Las Vegas, Nevada.
Sunday, December 12, 2010

UFXBank is a garage operation. This forex firm is not regulated at all. Good luck pulling money out from them. Once you deposit money the 1st time, you are barraged with phone calls and emails wanting you to deposit more. Their spreads are extremely wide...4 pips. For traders, you need 8 pips just to break even. Opening an account and depositing funds is extremely easy...too easy. But withdrawing, its like pulling teeth. Never trade with an unregulated firm. There's too many forex brokers out there that are regulated, legit, and easier to deal with. Good luck.

  Carla from Russia.
Saturday, October 23, 2010

This broker has cool services and great trading platform. I would recommend the demo account.

  UFXBank from Japan.
Monday, September 13, 2010

Decent broker with good forex services.

  Flora Mullick from Netherland.
Saturday, September 4, 2010

This broker is really good in some services like daily signals and recommendations and user friendly platform. I do have heard about its withdrawal problems, but for me, i never encountered in my 10 month's period. Maybe they have improved or i am lucky, i dont know but they are decent brokers to be traded.

  Jack from UK.
Wednesday, August 11, 2010

Hey buddies,

I am using UFX bank platform like.... from last few years. I found their services satisfactory. though they are some areas, where other brokers are quite better but altogether, keeping the returns ratio in my mind, UFX is the best.....

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