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UversFx, formally known as PT. Universe Synergy Futures, was established in 2011. The company specializes in providing foreign exchange trading services and has positioned itself as a notable broker in the Indonesian market.
UversFx operates under the ownership of PT. Universe Synergy Futures. The company is an independent entity, focusing on the retail forex market and catering to individual traders.
The company's headquarters is located in Indonesia. This strategic location allows UversFx to tap into the growing Southeast Asian trading market.
While primarily focused on the Indonesian market, UversFx aims to expand its reach to traders across the Asia-Pacific region. The company offers a range of trading products, including forex, precious metals, and oil, appealing to both local and international clients.
UversFx is regulated by the Indonesian Commodity Futures Trading Regulatory Authority (BAPPEBTI), which oversees its operations and ensures compliance with local trading regulations. The company holds a retail forex license, enhancing its credibility in the market.
Since its inception in 2011, UversFx has made significant strides in establishing itself in the forex trading industry. The company has continuously adapted to market changes and technological advancements to improve its service offerings.
UversFx has focused on expanding its product offerings beyond forex trading to include precious metals and oil, thereby catering to a broader range of trading interests. This diversification strategy has allowed the company to attract a more extensive client base.
Over the years, UversFx has seen steady growth in its customer base, primarily driven by its commitment to regulatory compliance and customer security. The broker's emphasis on providing a secure trading environment has fostered trust among traders.
UversFx supports popular trading platforms, including MetaTrader 4 and MetaTrader 5. These platforms are equipped with advanced technical analysis tools and support for algorithmic trading, enhancing the trading experience for users.
While specific awards or recognitions are not detailed, UversFxs regulatory compliance and secure trading environment have contributed to its reputation as a reliable broker in Indonesia.
UversFx offers a selection of forex trading options, including a variety of currency pairs. The broker emphasizes competitive trading conditions, with tight spreads starting from 1.5 pips for major pairs like EUR/USD.
Currently, UversFx does not prominently feature stock trading options. Its primary focus remains on forex, precious metals, and oil trading.
UversFx provides access to Contract for Difference (CFD) trading on commodities and precious metals, allowing traders to speculate on price movements without owning the underlying assets.
In addition to forex and CFDs, UversFx offers trading in precious metals and oil. However, the company does not currently support trading in cryptocurrencies, which may limit its appeal to tech-savvy traders.
UversFx highlights its partnership with Bank Central Asia for segregated accounts, ensuring that client funds are kept separate from the company's operational funds. This measure enhances the security of client deposits and fosters trust.
UversFx operates under the regulation of BAPPEBTI, which is responsible for overseeing commodity and futures trading in Indonesia. The broker holds a retail forex license, ensuring compliance with local laws.
As a registered entity in Indonesia, UversFx adheres to the legal and regulatory frameworks set forth by Indonesian authorities. The companys legal structure is designed to comply with local trading laws and regulations.
UversFx employs segregated accounts to protect client funds, ensuring that deposits are not used for company operations. This practice is crucial for enhancing client security and maintaining trust.
While UversFx primarily serves clients in Indonesia, it aims to expand its reach to traders across the Asia-Pacific region. The companys regulatory compliance enables it to attract clients from neighboring countries.
UversFx has maintained a compliance-oriented approach since its establishment. Its regulatory oversight by BAPPEBTI provides an added layer of security for traders, ensuring that the company adheres to established trading standards.
UversFx competes with several brokers in the Indonesian and Southeast Asian markets, including:
UversFx positions itself as a regulated and secure forex broker, appealing to traders who prioritize compliance and safety in their trading activities. Its emphasis on regulatory oversight differentiates it from many unregulated competitors.
UversFx stands out in the market due to its regulatory compliance, tight spreads, and partnership with Bank Central Asia for segregated accounts. However, its limited range of trading instruments and lack of modern payment methods may hinder its competitiveness against brokers offering more diverse options.
In conclusion, UversFx presents itself as a regulated forex broker with a solid foundation in Indonesia's trading landscape. While it offers competitive trading conditions and emphasizes client security, it faces challenges in transparency regarding account types and payment methods. As the company continues to evolve, it will need to address these issues to enhance its appeal to a broader range of traders.
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