US traders Trading by telephone PAMM accounts MAM accounts Managed accounts Islamic accounts available| 4.7/10 (651 votes) | |
|---|---|
| Company | Universal Investments LTD |
| Founded and online since | 2008 |
| Offices in | British Virgin Islands Switzerland United Kingdom |
| Payment options | Wire transfer |
| Demo platforms |
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| Account currencies | Euro Great Britain pound Swiss franc United States dollar |
| Regulated by | ARIF, 2264 |
| Website available in | English |
| Support available in | English French German |
| Support methods | Email Live chat Office Phone |
| Trading server time zone | GMT |
| Minimum account size | $1,000 | ||||
|---|---|---|---|---|---|
| Minimum position size | 0.01 lot | ||||
| Spread type | Variable | ||||
| Typical spread on EUR/USD, pips | 0.4 | ||||
| Minimum spread on EUR/USD, pips | 0 | ||||
| Commission (one-way) per 1 std. lot | $2.95 | ||||
| Trading instruments |
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| Trading platforms | MetaTrader 4 FX Inside Professional |
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| Digits after the dot in quotes | 4 | ||||
| Margin call level | 100% | ||||
| Number of currency pairs (of which exotic) | 36 (2) |
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15 reviews of Universal FX are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.
Wow, the best spread for MT4 I've ever seen! I deposited 3k, and gave them wrong account number but their support solved this issue promptly. Unfortunately I can not login in the MT4 Android platform.
After two months they finaly set up the client area. Excellent spread now for majors and also for crosses and exotics. Smooth and fast execution in MT4.
I changed 4 brokers so far, now have a live account at UniFX (3 weeks). Finaly no freezings, requotes, slippages…Much better results during volatile markets. I had such experiences at other brokers for a month or two but later they become bad, hope that this will not happen with Universal…
I am using their demo account now, the spread is great. Can anyone confirm me that spread is same on live account? Unfortunately they accept wire transfer only :(
Better spread now when they moved to integral, also there are some new exotics and the spread is much better. Friendly support and prompt withdrawals, I hope
they will keep this way.
I've heard that they are moving to Integral.
Hope they will keep the low spread since I am using scalping EA.
GBPJPY about 1.5 pips so far, this is very good comparing to others.
I know this guy Mike, he is writing fake reviews on other sites also. He is probably working for some other fx broker. Btw I have two accounts at unifx and my robots are working just fine. Customer support also ok.
I had a few losses on MDP last week but I see that others had too. In general I am very satisfied. I hope they will continue good job in the future…
..forex peace army should know better ..my account number and residence is private thats all !!!
Dear Mike,
- First, we do not accept and we never accepted USA clients.
- Second, all our account numbers have nine figures.
- Third, all our account numbers starts with 1.
Looking at your details, it is obvious who is writing fake reviews here.
In addition, I am inviting moderator of this forum to contact us to check whether all I wrote above is true.
Regarding MDP performance, yes, we have many clients who are using it but I will leave to them to comment their trading activities.
Best regards,
Vladimir Krecmer
FX Desk Agent
..don´t burn your money ..Universal employees write reviews about themselfs -see at FPA MDP reviews !!!
I am using MDP for 3 weeks now and it works great...Mike, try to find some faster VPS. Regarding the BVI regulation, I do not see this as a problem. I requested a small withdrawal just to check them and the money was in my account the next day.
This Broker is based in British Virgin Islands and is unregulated. Not recommend for mdp at all!!
No restrictions at news time, no frezzes and in 6 trading weeks i have 100 closed orders without requote!!! I use a EA (Million dollar pips) and works fine - i hope forever :-D
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I do not get slippage between my SL/TP level and the closing price, even during the news time. Very friendly support, the only trouble is that they accept only wire transfer so it takes a few days to fund your account. Despite this small 'issue' I could highly recommend them.