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UversFx Forex broker specializes in providing foreign exchange trading services, the company's official website https://cabinet.uver..., the company's legitimate regulatory information IndonesiaBAPPEBTIRetail Forex License to enhance the security of the company's address

UversFx Forex Broker

Basic Information

Registered Region
Indonesia
Operating Period
--
Company Name
PT. Universe Synergy Futures
Abbreviation
UversFx
Company employee
--
Customer Service Email Address
info@usersefx.co.id
Contact Number
+6202122606829
Company Website
--
Keywords
2-5 years
Regulated in Indonesia
Retail Forex License
Suspicious Scope of Business

Company profile

Feature Detail Company Name PT. Universe Synergy Futures Registered Country Indonesia Founded Year 2011 Regulation Regulated by Indonesia Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI) Tradable Assets Forex, precious metals, and oil Spreads Tight spreads starting from 1.5 pips for EURUSD Trading Platforms MetaTrader 4 & 5 Customer Support Contact via phone, email, and contact form Deposit & Withdrawal Segregated account, Bank Central Asia in Indonesia Overview of UversFx UversFx, formally known as PT. Universe Synergy Futures, is a distinguished forex broker based in Indonesia, established in 2011. It operates under the stringent oversight of Indonesias Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI). The brokerage offers forex, precious metals, and oil. UversFx emphasizes tight spreads, starting from 1.5 pips for EURUSD, and supports popular trading platforms like MetaTrader 4 and 5. Pros and Cons UversFx stands out with its regulation by BAPPEBTI and a Retail Forex License, which can inspire confidence in its legal compliance and dedication to client security. The broker's offerings, including Forex, precious metals, and oil, accessed through MetaTrader 4 and 5 platforms, appeal to a variety of trading interests. Additionally, the partnership with Bank Central Asia for segregated accounts further enhances the safety of client funds. On the flip side, UversFx falls short in transparency regarding account types, leverage, fees, and withdrawal processing times, which could deter informed decision-making by prospective clients. The narrow range of market instruments might not satisfy traders looking for extensive diversification. Also, the lack of modern payment methods such as e-wallets and cryptocurrencies could limit the broker's appeal to tech-savvy traders who prefer contemporary transaction methods. Pros Cons Regulated by BAPPEBTI Limited information on account types Holds a Retail Forex License Limited transparency on leverage and fees Offers Forex, precious metals, and oil trading No clear information on withdrawal processing times Segregated accounts with BCA Limited diversity in market instruments Supported by MetaTrader 4 and 5 platforms No modern payment methods like e-wallets and cryptocurrencies Is UversFx legit or a scam? UversFx holds regulation from the Indonesian Commodities and Futures Trading Regulatory Authority (BAPPEBTI), with a Retail Forex License. Market Instruments UversFx offers a specialized selection of market instruments tailored for traders focusing on Forex, precious metals, and oil. Forex markets provide high liquidity and opportunities in currency exchange fluctuations. Precious metals trading appeals to those seeking assets with stability in times of economic uncertainty. Oil trading offers insights into global economic health and energy consumption patterns. How to Open an Account with UversFx Registration: Navigate to the UversFx website, locate the ‘Buka Akun’ button, and provide your personal information, including your name, email, and contact details. Document Submission: Upload the necessary documents for identity verification, such as a valid government-issued ID and a recent utility bill or bank statement for address verification. Account Activation: Once your documents are verified, your account will be activated, and you will receive a confirmation email. Deposit Funds: You can then deposit funds into your account using the available methods, which typically include bank transfers and digital payment systems. Start Trading: With funds in your account, you are ready to start trading on the UversFx platform. Spreads & Commissions UversFx promotes itself as providing competitive trading conditions, highlighting its tight spreads from 1.5 on the EUR/USD pair. Trading Platform UversFx offers the MetaTrader 4 and MetaTrader 5 platforms, recognized for their comprehensive technical analysis tools, versatile trading systems, and algorithmic trading and Expert Advisors support. Accessible on Windows, Android, and through WebTrader, these platforms indicate that UversFx accommodates traders whether they are mobile or desktop-based. Trading Tools UversFx provides an Economic Calendar, suitable for monitoring important financial events and indicators that impact the markets, as well as strategizing their trades around forthcoming economic data releases. Deposit & Withdrawal UversFx offers segregated account services in collaboration with top Indonesian banks like Bank Central Asia. Customer Support Contact: (021) 2260-6829 Email: Info@Usersefx.Co.Id They also provide a contact form available on their platform for additional support queries. Conclusion UversFx, under the regulatory umbrella of Indonesia's BAPPEBTI, offers a robust trading environment featuring MetaTrader 4 and 5 platforms, along with opportunities in forex, precious metals, and oil. Nonetheless, it lacks clear communication about account specifics, leverage options, and fee details, potentially complicating decision-making for traders. Furthermore, its traditional approach to payment methods and the narrow focus on market instruments could hinder versatile trading solutions. FAQs Q: What trading assets are available at UversFx? A: UversFx offers trading opportunities in Forex, precious metals, and oil. Q: Is UversFx subject to regulatory oversight? A: Yes, UversFx operates under the regulation of Indonesia's BAPPEBTI. Q: What platforms can I use for trading at UversFx? A: UversFx provides access to the widely-used MetaTrader 4 and MetaTrader 5 trading platforms. Q: How do I start trading with UversFx? A: Begin by registering on the UversFx website, complete the registration process, verify your identity, and you can start trading after depositing funds. Q: What are the spreads for trading at UversFx? A: UversFx offers competitive spreads, starting at 1.5 pips for major pairs like EURUSD. Q: What methods can I use for transactions at UversFx? A: Transactions at UversFx are conducted through bank transfers, especially with the Bank Central Asia. Q: Are there any analysis tools offered by UversFx? A: Yes, traders at UversFx can utilize an Economic Calendar to plan their trading strategies around key economic events. Risk Warning Online trading poses substantial risks, with the potential for complete loss of invested capital, rendering it unsuitable for all traders. It is imperative to comprehend the inherent risks and acknowledge that the information provided in this review is subject to change due to continuous updates in the company's services and policies. Additionally, the review's generation date is a critical consideration, as information may have evolved since then. We strongly advise readers to verify updated details directly with the company before making any decisions, as the readers must be aware of and willing to accept the inherent risks involved in utilizing this information.

Rating Index

How to login to UversFx?
uversfx Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a uversfx Account To begin your trading journey with uversfx, the first step is to register for an account. Follow these detailed steps to ensure a smooth registr

  

UversFx Forex Broker - Comprehensive Information Guide

  

1. Broker Overview

  UversFx, officially known as PT. Universe Synergy Futures, was established in 2011 and is headquartered in Indonesia. This brokerage operates as a private entity, focusing primarily on retail forex trading services. The company caters to a diverse clientele, including individual traders and investors seeking to access the forex market. Over the years, UversFx has made significant strides in establishing itself within the industry, highlighted by its regulatory compliance and the offering of various trading instruments.

  UversFx's development journey includes obtaining a retail forex license from the Badan Pengawas Perdagangan Berjangka Komoditi (Bappebti), the Indonesian regulatory authority for commodities and futures trading. This milestone has been crucial in building trust and credibility among its users. The brokerage operates mainly in the Indonesian market but also aims to attract international clients looking for reliable trading solutions.

  The business model of UversFx revolves around providing retail forex trading, with a focus on currency pairs, precious metals, and oil trading. This model is designed to meet the needs of both novice and experienced traders who are looking for competitive trading conditions and a secure trading environment.

  

2. Regulatory and Compliance Information

  UversFx is regulated by the Badan Pengawas Perdagangan Berjangka Komoditi (Bappebti) in Indonesia, holding the retail forex license that assures clients of its compliance with local laws and regulations. The regulatory number associated with UversFx's license is available upon request from the brokerage.

  The license is valid for conducting forex trading activities and ensures that UversFx adheres to strict guidelines regarding client fund management and operational transparency. The brokerage maintains a policy of segregated accounts, partnering with Bank Central Asia to ensure that client funds are kept separate from the company's operational funds. This segregation adds an extra layer of security for traders' investments.

  UversFx also implements Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to comply with regulatory standards, ensuring that all clients are properly verified before being allowed to trade. These measures are crucial in maintaining the integrity of the trading environment and protecting against fraudulent activities.

  

3. Trading Products and Services

  UversFx offers a range of trading products tailored to the needs of its clients. The brokerage provides access to over 50 currency pairs, including major, minor, and exotic pairs, allowing traders to capitalize on various market opportunities. Additionally, UversFx facilitates trading in precious metals such as gold and silver, as well as oil trading, which is particularly appealing to those interested in commodities.

  The brokerage also offers Contracts for Difference (CFDs) on indices and commodities, providing clients with the opportunity to speculate on price movements without owning the underlying asset. UversFx continually updates its product offerings, ensuring that clients have access to the latest market instruments and trading opportunities.

  For retail clients, UversFx provides a user-friendly trading experience, while institutional clients can also benefit from tailored services that cater to their specific trading needs. The brokerage does not currently offer white-label solutions or asset management services, focusing instead on its core trading offerings.

  

4. Trading Platforms and Technology

  UversFx supports the widely recognized MetaTrader 4 and MetaTrader 5 platforms, which are equipped with comprehensive technical analysis tools, versatile trading systems, and support for algorithmic trading and expert advisors. These platforms are accessible on various devices, including Windows and mobile applications for both iOS and Android, ensuring that traders can manage their accounts and execute trades from anywhere.

  The brokerage employs a Straight Through Processing (STP) execution model, which facilitates faster trade execution and minimizes the risk of slippage. UversFx's servers are strategically located to enhance connectivity and trading performance, providing clients with a reliable trading environment.

  For traders seeking automation, UversFx offers an API for connecting external trading systems, allowing for algorithmic trading strategies to be implemented seamlessly. This technological infrastructure underscores UversFx's commitment to providing a robust trading experience for its clients.

  

5. Account Types and Trading Conditions

  UversFx offers several account types to cater to different trading preferences and experience levels. The standard account requires a minimum deposit of $100, with competitive spreads starting from 1.5 pips for major currency pairs like EUR/USD. This account type is suitable for beginners and retail traders looking for accessible trading conditions.

  For more experienced traders, UversFx provides advanced account options, including VIP and professional accounts, which come with additional benefits such as lower spreads and enhanced customer support. The brokerage also offers a demo account for new users to practice trading without financial risk.

  Leverage options at UversFx vary, with maximum leverage ratios typically ranging from 1:100 to 1:400, depending on the asset class being traded. The minimum trade size is set at 0.01 lots, enabling traders to manage their risk effectively. Overnight fees and other trading costs are transparently communicated to clients, ensuring that there are no hidden charges.

  

6. Fund Management

  UversFx supports a variety of deposit methods, including bank transfers and credit/debit cards, ensuring that clients have multiple options for funding their accounts. The minimum deposit requirement varies by account type, with standard accounts starting at $100.

  Deposit processing times are generally swift, typically taking 1-3 business days depending on the method used. UversFx does not charge fees for deposits, but clients should be aware of any potential fees imposed by their banks.

  Withdrawal options include the same methods used for deposits, with processing times ranging from 3-5 business days. UversFx maintains a transparent fee structure for withdrawals, ensuring that clients are informed of any applicable charges before initiating a withdrawal request.

  

7. Customer Support and Educational Resources

  UversFx prides itself on providing excellent customer support, available through multiple channels, including phone, email, and live chat. The support team operates during business hours, covering various time zones to assist clients effectively.

  The brokerage offers support in multiple languages, catering to its diverse clientele. Additionally, UversFx provides a range of educational resources, including webinars, tutorials, and eBooks, aimed at enhancing traders' knowledge and skills.

  Market analysis services are also available, with daily reports and updates provided to keep clients informed about market trends and opportunities. UversFx equips traders with essential tools such as economic calendars and trading calculators to assist in their decision-making processes.

  

8. Regional Coverage and Restrictions

  UversFx primarily serves clients in Indonesia and aims to expand its reach to other regions. The brokerage has established a strong presence in the Indonesian market, supported by its regulatory compliance.

  However, UversFx does not accept clients from certain countries due to regulatory restrictions. Specific regions where clients may face limitations include countries with stringent forex trading regulations or where UversFx is not licensed to operate.

  The brokerage continuously evaluates its regional operations to ensure compliance with local laws and regulations, adapting its services accordingly to meet the needs of its clients while maintaining a secure trading environment.

  In conclusion, UversFx is a reputable forex broker that offers a comprehensive trading environment supported by regulatory oversight, a variety of trading products, and robust technological infrastructure. With a commitment to client security and satisfaction, UversFx continues to position itself as a reliable choice for traders in Indonesia and beyond.

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UversFx Forex Broker has an overall rating of 5.52, Regulatory Index 4.94, License Index 4.94, Business Index 5.89, Software Index 4.44 Risk Control Index 9.39.