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UBFX Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.ubfx.co.uk/account#/login, the company's legitimate regulatory information United KingdomFCAAppointed Representative(AR),New ZealandFSPRFinancial Service Corporate,VanuatuVFSCRetail Forex License, to enhance the security of the company's address FINANCE MANAGERS CO. LIMITED Govant Building 1st Floor PO Box 1276, Port Vila Vanuatu.

UBFX Forex Broker

Basic information

Registered region
United Kingdom
Operating period
--
Company Name
UBFX
Abbreviation
UBFX
Company employee
--
Customer Service Email Address
support@ubfx.co.uk
Contact number
(+44) 203 8089388
Company website
Company address
FINANCE MANAGERS CO. LIMITED Govant Building 1st Floor PO Box 1276, Port Vila Vanuatu
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
Suspicious Overrun
High potential risk

Company profile

  General Information & Regulation

  UBFX is a project executed by Finance Managers Co. Limited, in partnership with global financial institutions, banks, prime brokers, and other market makers as liquidity providers. UBFX currently holds a retail forex license from the Vanuatu Financial Services Commission (License number: 14745).

  Market Insspanuments

  Investors can access the foreign exchange market, gold, silver, crude oil market, and the index CFD market through UBFX.

  UBFX Minimum Deposit

  UBFX International offers traders four different types of trading accounts: Standard (no minimum deposit), Islamic (no minimum deposit and no SWAP), Raw Spread (over $20,000 deposit), and Corporate (over $5,000 deposit).

  UBFX Leverage

  When it comes to trading leverage, the maximum trading leverage offered by UBFX is 1:100. Professional traders may hold that leverage level seems a little conservative. However, inexperienced traders are not advised to use too high leverage, as margin trading is pretty risky.

  Spreads & Commissions

  The spread for EURUSD is 1.6 pips for standard accounts and 1.6 pips for Islamic accounts. The raw spread account has a spread of 0 pips on EURUSD and a commission of 5 USD per lot. For corporate accounts, the EURUSD spread is 0.5 pips.

  Trading Platforms

  UBFX AU offers traders UBFX mobile software (Apple & Mobile), MT4 trading software, and MAM multi-account management. The UBFX mobile application is an in-house developed tool for retail market trading activities, split between market and pending orders, stop-loss and take-profit, and powerful real-time charts. The MetaTrader 4 trading software is designed for Forex, Futures MetaTrader 4 trading software is designed for trading Forex, Futures, and CFDs. With MT4, traders can analyze financial markets, perform advanced trading operations or run trading robots (Expert Advisors). The platform supports three trade execution modes, including instant execution, 2 markets, 4 pending orders, and 2 stop orders, as well as trailing stop functionality. Multi-account management software provides a convenient trading page for professional traders and asset managers. Manage multiple trading accounts simultaneously. The trading platform based on cutting-edge technology in multiple areas is both flexible and convenient.

  Deposit & Withdrawal

  UBFX supports traders to withdraw and deposit funds from their investment accounts via wire transfer (a service fee of $10) and Coin-Gate (a service fee of $15). The minimum withdrawal requirement for all withdrawal methods is $50.

  Customer Support

  UBFX provides some customer support contact channel, including Facebook, hotline, as well as live chat. Additionlly, there is also a “FQA” section for traders to get some basic answers.

Rating Index

CORPORATE ACCOUNT

Minimum Deposit
--

RAW SPREAD ACCOUNT

Minimum Deposit
--

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Latest Reviews

FX1061194759

FX1061194759

United Kingdom

They might offer a useless live chat. Using a chatbot service rather than a human does nothing to help with pressing issues. Sending emails requesting withdrawal is another touchy area. Email withdrawal requests will result in account closure at UBFX.

Neutral

2022-11-27

FX3765457857

FX3765457857

Hong Kong

UBFX makes me lose $1,500. I exposed here and hope u guys avoid being cheated, Trading account:18756500833

Exposure

2021-03-08

FX2198936827

FX2198936827

Hong Kong

Deduct my money for no reason. Why don’t you help me handle the issue? If you don’t help me handle it, I’ll complain about you

Exposure

2020-12-23

UBFX Forex Broker has an overall rating of 1.60, Regulatory Index 0.00, License Index 0.00, Business Index 7.67, Software Index 4.00 Risk Control Index 0.00.