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UFX Bank Review

UFX Bank
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USA Accepting Client
Quick Broker Facts
Company Name: UFX Bank
Country:
Year Established:
Regulation: In Process
Dealing Desk: optional
Trading Platform: ParagonEx
Mobile Trading: yes
Pairs Offered: Majors, crosses, metals, exotics – close to 50
Type Of Spread: fixed
Spread EUR/USD: From 3 pips
Mini Account Size: $100
Standard Account Size: $1000
Smallest Lot Size: $1000
Swap Free Accounts: yes
Swap Rates: Check Platform
Funding Methods: Credit card, bank transfer, Western Union, money bookers

UFX Bank provides one of the best online Forex broker services on the market. They boast over 40 currency pairs and even include commodities trading. Their amazing customer support is available 24 hours a day and they offer a broad range of trading tools and customer features.

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UFXBank Short Review

UFXBank is one of the fastest growing online Forex brokerage firms in the world. They put a great emphasis on customer satisfaction. With strong and reliable customer support that is available 24 hours a day, a broad range of trading options including commodities trading, great customer features like daily market outlooks and reviews, and a minimum deposit of only $100, they appear well on their way.

UFXBank Background

UFXBank is a UK based brokerage firm which comprises of a solid team of Finance professionals that share over 50 years combined experience in the Foreign Exchange industry. ParagonEx, the platform used at UFXBank, was originally created and developed by the CEO himself and provides the most up to date charts and feeds to its customers.

Advantages of Trading with UFXBank

UFXBank is, likely, the most well rounded online Forex broker you can find, offering one of the most competitive products available on the market today. The services they provide, many Forex brokers do not, and those that do offer similar services usually have minimum deposits in excess of $500. Clients have access to Forex tutorials, daily outlook videos, daily market updates, trade recommendations, tips, strategies, and access to dealing room experts. Advanced traders also receive live market updates and trade signals via SMS text messages. Potential traders will also be happy to know that in order to maintain client satisfaction, UFXBank is always updating its products and services to ensure that traders have the full range of options available to them.

Trading Platform

UFXBank operates using ParagonEX online trading software. The trading platform blends sophistication with simplicity. While maintaining the highest levels of online security and accuracy of information, the platform remains simple and easy to navigate, and because there is no download required, clients can trade wherever they have internet access.

Deposits and Withdrawals

Deposits can be made through several payment options including credit card, bank and wire transfer, Moneybookers, CashU, and Western Union. Withdrawals are completed with ease and security.

Customer Care

With features like “coaching through trading”, “remote access”, and one-on-one expert chats, UFXBank takes Customer Service to a whole new level. Every client receives an individual account manager and access to dealing room experts. 24 hour customer support is available through telephone, online chat, or email.

Security

UFXBank is regulated by the NFA as an Introducing Broker and undergoing full regulation license processes in Luxemburg, which addresses the European market. Although UFXBank is not fully regulated yet, all processes in the brokerage firm are already taking place according to regulation requirements.

Conclusion

UFXBank is an ideal broker for those traders who desire a high level of customer support. Beginning traders starting out in the Forex market could find this additional care to be exceptionally useful. Experienced traders will find feature rich services and support in a quality product. For beginners and experts alike, UFXBank is a broker deserving of consideration.

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