UITFX Forex Broker

UITFX Review SummaryFounded2021Registered Country/RegionHong KongRegulationNo regulationMarket InstrumentsForex, Metals, Commodities, Indices, Stocks, CryptosDemo Account✅LeverageUp to 1:500SpreadUp to 1.5 pips (ECN MICRO account)Trading PlatformMT5Min Deposit$10Customer Support24/7 live chat, contact formTel: +66 61-331-3845Email: support@uitfx.comFacebook, X, Instagram, Linkedin, YoutubeAddress: 99/238 Moo-9, Nong Prue, Banglamung, Chonburi, Thailand. Pin-20150Regional RestrictionsUSA, Canada, Sudan, Syria, North Korea, Iran, Iraq, Mauritius, Myanmar, Yemen, Afghanistan, Vanuatu and EEA countries' clients are not allowedUITFX Information Founded in 2021, UITFX is an unregulated broker registered in Hong Kong, offering trading in forex, metals, commodities, indices, stocks and cryptos with leverage up to 1:500 and spread up to 1.5 pips on the ECN MICRO account through the MT5 trading platform. Demo accounts are available and the minimum deposit requirement to open a live account is just $10.Pros and ConsPros Cons Diverse tradable asset classesNo regulationDemo accountsRegional restrictionsMultiple account typesWithdrawal limit every dayMicro account offeredCommission-free for most accountsMT5 platformLow minimum deposit requirementPopular payment options24/7 live chatIs UITFX Legit? No. UITFX currently has no valid regulations. Please be aware of the risk!What Can I Trade on UITFX?Tradable Instruments Supported Forex ✔Metals ✔Commodities ✔Indices ✔Stocks ✔Cryptos✔Bonds❌Options❌ETFs❌Account Type Here are four account types UITFX offers:Account TypeMin DepositSuitable forECN MICRO$10New tradersECN PREMIUM $500Active tradersECN RAW SPREAD$5 000Professional tradersMAM ZERO SPREAD$500Every type of tradersLeverageAccount TypeMax LeverageECN MICRO1:500ECN PREMIUM 1:500ECN RAW SPREAD1:200MAM ZERO SPREAD1:500 The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate. It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.UITFX FeesAccount TypeSpread Commission ECN MICROUp to 1.5 pips❌ECN PREMIUM Up to 1.1 pips❌ECN RAW SPREADUp to 0.0 pip$8 per standard lotMAM ZERO SPREADUp to 1.2 pips❌Trading PlatformTrading PlatformSupported Available Devices Suitable for MT5✔Web, Android, Windows, MAC OSExperienced tradersMT4❌/BeginnersDeposit and Withdrawal The broker accepts payments via wire transfer, MasterCard, Visa, Skrill and Neteller.Account TypeWithdrawal Limit (per day) ECN MICRO$10 000ECN PREMIUM $25 000ECN RAW SPREAD$50 000MAM ZERO SPREAD$50 000