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Pros

Regulated by the Cyprus Securities and Exchange Commission (CySEC), providing a level of security for clients.
Offers a variety of trading platforms, including the popular MetaTrader 4, catering to different trader preferences.
Provides multiple account types, allowing traders to choose options that best suit their experience and investment needs.

Cons

High minimum deposit requirement of $100, which may be higher than many other brokers.
Reports of poor customer support, with traders experiencing difficulties in communication and withdrawal processes.
Blacklisted by regulators due to multiple complaints regarding withdrawal issues and operational transparency.

UFX Partners broker Accounts

UFX Account Type

UFX offers a variety of trading accounts tailored to meet the needs of different traders. The available account types include:

  • Micro Account
    • Minimum Deposit: $100
    • Minimum Trading Volume: $250
    • Leverage: 1:30
    • Spread: 4 pips
    • Commission: None
    • Mini Account
      • Minimum Deposit: $500
      • Minimum Trading Volume: $5,000
      • Leverage: 1:30
      • Spread: 4 pips
      • Commission: None
      • Standard Account
        • Minimum Deposit: $1,000
        • Minimum Trading Volume: $10,000
        • Leverage: 1:30
        • Spread: 3 pips
        • Commission: None
        • Gold Account
          • Minimum Deposit: $5,000
          • Minimum Trading Volume: $50,000
          • Leverage: 1:30
          • Spread: 2 pips
          • Commission: None
          • Platinum Account
            • Minimum Deposit: $10,000
            • Minimum Trading Volume: $100,000
            • Leverage: 1:30
            • Spread: 2 pips
            • Commission: None
            • Islamic Account
              • Minimum Deposit: $10,000
              • Minimum Trading Volume: $100,000
              • Leverage: 1:30
              • Spread: 2 pips
              • Commission: None

              Each account type offers unique features and trading conditions, suitable for different levels of trading experience and capital investment.

              UFX Broker Account Opening Process

              To open an account with UFX, follow these steps:

              • Visit the UFX Website: Go to the official UFX website.
              • Select Account Type: Click on the account type you wish to open (Micro, Mini, Standard, Gold, Platinum, or Islamic).
              • Fill Out the Application Form: Complete the online application form with your personal details.
              • Submit Identification Documents: Provide necessary documents for verification, including a copy of your ID and proof of residence.
              • Verification Process: Wait for UFX to verify your information, which may take a few business days.
              • Account Activation: Once verified, your account will be activated, and you will receive your login credentials via email.
              • Fund Your Account: Deposit the minimum required amount using your preferred payment method.
              • Start Trading: Log in to your account and begin trading.
              • This process ensures that all traders meet regulatory requirements and can safely engage in trading activities.

UFX Partners accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
UFX Partners Account