UFX Markets – Review & Analysis of UFX Markets
EmailUFX Markets - At a glance
UFX Markets specializes in trading commodities, CFDs and indices offered through their web based forex trading platform. UFX Markets was founded in 2007 made up of a team of Finance professionals with over 50 years of combined experience in the Foreign Exchange industry. The UFX Markets trading platform is powered by ParagonEx was developed by the CEO of UFX Markets himself and provides the most up to date charts and feeds to its customers.
| Licence/Regulation |  |
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| Account Type | Micro/Mini | Standard | Gold | Platinum | |
| Minimum deposit | 100USD/500USD | 1000USD | 5000 USD | 10'000 USD | |
| Leverage | 1:200 | ||||
| Instruments | |||||
| Forex Metals Energies Indices |
all majors and many exotics (up to 45 currency pair) Gold, Silver WTI Oil, Brent Oil, Heating Oil, Gas Oil NASDAQ, DOW JONES, S&P500, DAX, CAC40, FTSE100 |
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| Spread | from 4 pips | from 3 pips | from 2 pips | from 2 pips | |
| Trade size | 0.05 Lots onwards | 0.5 Lots onwards | 2.5 Lots onwards | 5 Lots onwards | |
| Order execution | Instant Execution | ||||
| Account Currency | USD | ||||
| Platforms | ParagonEx | ||||
| Islamic (no swap) accounts | Minimum deposit requirement: Minimum Deposit of $1000-$4999 | ||||
| Deposit Methods | Moneybookers, Bank WIRE, Credit Card, CashU | ||||
| Open Account | Open Account | Open Account | Open Account | ||
UFX Markets Trading Conditions
Withdrawal orders at UFX Markets may require additional documents submitted before the withdrawal will be processed. The provision of documentation or any other type of Client authentication as may be required from time to time by Anti Money Laundering (AML) regulations, Credit Card companies and UFX, is a prerequisite, prior to the execution of a withdrawal order.
- UFX client accounts in which there have been no transactions (trading / withdrawals / deposits), for a set period of 6 months, will be considered by UFX as being dormant accounts
- Dormant accounts will be charged an annual maintenance fee of US$50 or the full amount of the free balance in the account if the free balance is less than US$50. There will be no charge if the free balance is zero. Consequently, all accounts with a zero free balance will be closed
