UFX is a regulated broker that offers a web-based trading platform. They offer free research, too, but they do charge a swap fee if you want to carry over your position from one day to the next. If you plan on trading on margin, you’ll need to factor this into your calculations. However, since new accounts are required to make a substantial deposit to access Trading Central data, UFX provides a limited number of free reports and articles to help clients make informed trading decisions.
UFX Is A Regulated Broker
UFX is regulated by CySEC and offers a variety of trading services. Their website also lists the types of partnership available, such as the Introducing Broker, White Label, Franchise and Affiliate programs. Customers have the option of trading in over 400 different financial instruments. There are also different types of accounts to choose from, including cent, standard and premium accounts. The minimum trade size is just one minute.
UFX also offers market research, including an exclusive database of trading articles and videos. These resources are created in partnership with Trading Central, a leading independent third-party research provider. This research is available to clients with a minimum deposit of $1,000.
UFX Offers A Web-Based Trading Platform
UFX offers a web-based forex trading platform with multiple funding methods, including major credit cards, e-wallets, wire transfers, and popular cryptocurrencies. It also supports a variety of popular e-wallets, including Skrill, Neteller, Sofort, and Poli. The minimum deposit and withdrawal amount is $50, and the platform offers 24 hour customer support. UFX offers a variety of account types and supports popular systems, including Metatrader 4. The web-based platform also features MassInsights Technology, which helps traders stay abreast of the latest market trends. In addition, UFX’s back office uses STP protocols, ECN connections, and high-speed order executions. In addition, the company’s staff works to ensure that traders’ interests are never compromised as you a ufx trader.
UFX also offers a variety of mobile trading platforms. Its Trade on the Go trading platform is available for iOS and Android users. It also supports real-time news feeds. Furthermore, it offers a mobile version of MetaTrader 5.
UFX Offers Free Research
UFX offers a wide variety of tools and information for forex traders. Its proprietary platform is available through any web browser and does not require any download. It includes tools such as a market news feed, daily market review, and a financial events calendar. This helps forex traders find out which currency pairs are trending the most. UFX does not charge regular maintenance fees. However, it reserves the right to charge a $100 inactivation fee for accounts that have been open for more than 45 days. UFX is a regulated broker that offers global trading accounts. It does not accept clients from the UK. The trading platform offers fixed spreads. However, UFX does not offer a rolling commission. A rollover fee is charged when a trader leaves an open position past the cut-off time of 00:00 GMT. This fee is calculated at a fixed interest rate for each currency pair, and is either paid or received by the trader at that time.
The swap fee is calculated by dividing the current interest rate by the current spot price. The interest rate is set by the central banks of each country. If the interest rate is higher than the spot rate, the swap fee is zero. Otherwise, the swap fee is doubled, tripled, or quadrupled. In order to maximize the benefit of the swap, you should sell or buy currency pairs. Make sure to review your trading platform’s contract specification and make sure you understand how the swap fee works before you trade.
UFX Offers Personalized Account Managers
When you first open an account with UFX, they will ask you to verify your identity. You can do this by submitting scanned copies of important documents, such as bank statements or photographs, to UFX. Once they have verified your identity, they will send you login credentials that you can use to log into your account. You can use your account on different devices, including web browsers and mobile devices.
If you’re new to trading, UFX will assign you a personal account manager who will walk you through the process. This person will also answer any questions you might have, whether you’re a newbie or an experienced trader. In addition, UFX provides 24/7 customer support via live chat, toll-free phone numbers, and email. They also provide a good selection of educational materials for customers, including daily video reviews and tutorials.
