Broker type :Commodities and Stocks Forex
Trading Accounts Information
Acc. currencies :USD
Min deposit :100
Accounts separated :Yes
Payment methods :MasterCard - Visa - Visa Electron - Maestro - Diners Club - Local Bank Transfer - Scril - Neteller - Suvort - Jerobai - Ideal - NewSirf - China UnionPay - CashU - WebMoney - Poly - PayPayGuard - Bitcoin
Accept american :No
Instruments :CFDs - Commodities - Metals - Stocks
Min deal amount : 5000
Currency pairs :GBP/USD,EUR/USD,USD/JPY,AUD/USD,USD/CAD,USD/CHF,NZD/USD,EUR/JPY,GBP/JPY,BTC/USD,USD/TRY
Accept scalping :Yes
Available heading? :Yes
trailing stop :No
Swap :Islamic Accounts
UFX is one of the best brokers in the currency market, founded in 2007 under the name UFX Bank, and then turned to UFX Markets, one of the leading Forex companies in the field, and in 2011 the company became a lawmaker in the European Union by MIFID, 2013 received another recognition from the Global Finance Commission in Belize.
AccountsThere are 6 different types of accounts to choose from at UFX Markets.
1- A mini account requires a minimum deposit of $ 100.
2- The small account at $ 500.
3- The standard account opens with a deposit of $ 1,000.
4- Golden account deposit of $ 5000.
5- The platinum account needs a deposit of $ 10,000.
6- The Islamic account is available to those who follow the Islamic laws and need to deposit $ 1000 minimum trading volume at $ 10000.
FeaturesUFX offers a long list of assets that can be traded including Commodities, Stocks, Indices and CFD. Fixed spreads and negative balance protection are used and all funds are kept in separate accounts.
Competitive spreads are fixed and vary according to the selected asset and according to the type of individual account. There are spread benefits for many levels of accounts, and these differences are posted on the company's website. The leverage also varies by account type, but for major currency pairs, it can reach a high of 400: 1.
The company's MassInsights technology delivers live flow from live market events, aggregate trader behavior and exposure of information in a single, easy-to-read flow that enables traders to see important things instantly.
The MassInsights flow helps traders to make price decisions calculated by displaying live buying / selling ratios, updated asset behavior, market movements, important market news, and updated economic reports and agendas.
ParagonEx Webtrader 4.0
UFX uses the ParagonEx platform, a powerful multi-platform platform that enables traders to trade from around the world. The platform uses a built-in billing system, live support, live news feeds and business from any website without the need for additional downloads.
Version 4.0 of the platform is the most sophisticated and sophisticated of ParagonEx. This platform can be accessed by any Internet browser without downloading.
The main advantage of this platform is the ability to use Mass Insight technology to see and follow the pattern of other traders. Collective trading behavior is fed directly on the platform and displayed directly next to the relevant graph.
The company has now integrated the UFX-based platform with Mass Insight technology into the UFX trading application, which is easily accessible on Android and IOS devices.
MetaTrader 4UFX Premium account holders receive the standard MetaTrader platform, which can be downloaded free of charge directly from the MetaQuotes website or through UFXMarkets. Traders who have other UFX accounts can upgrade to the Premier account and access this platform.
ConclusionIn general, UFX is an integrated forex broker. The company offers easy-to-understand CFD options with competitive spreads, generous leverage and a wide range of trading assets. The platform is easy to use and has many advantages. You can communicate with UFX via Facebook and there are usually special promotions through social media.
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