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Name: UFX Bank
Website: ufxbank.com
Platform: ParagonEx
Online Since: 2008
Country: Cyprus
Bonus: 100% up to $5,000
Leverage: 200:1
Spread: Starting from 2 pip on selected pairs
Registration Process Other Commodities Practice Trading Account Micro Trading Account Islamic Account
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UFX Bank is based in United Kingdom, and is not watched over by any regulation board. They have a lot of withdrawal and deposit options, such as PayPal, WebMoney, Moneybooker, Neteller, wire transfer, Western Union and any major credit or debit card. Their minimum account requirement is $500, which is a relatively normal amount. However, they only started their online operations in December 2008.
UFX Bank is becoming known for the high level of service and safety they provide their customers, from the customer support, to guaranteeing all exit orders. All withdrawals and deposits are free of charge, including wire transfer withdrawals, with no limits. UFX Bank's trading conditions are such that the benefits of a UFX account are most pronounced for well capitalized traders. Depending on your trading style, we would recommend a minimum $50,000 Platinum account for longer-term traders and a minimum $20,000 Platinum account for shorter-term traders (scalping is not allowed).
A well capitalized trader who is not looking to trade anything too exotic will find some great conditions in which to trade. All orders at UFX Bank are routed through their dealing room, so it is just as easy to call up and have your orders taken care of as it is to use the trading platform.

External Auditor:
Not Regulated

Support Email:


Comments & Ratings

Word Above: 
Guaranteed stop losses
Live chat support during UFX Bank trading hours
Many deposit and withdrawal modes available
Learn how to trade forex
Trading experts with online support 24/7
Personal coaching throughout trading with a personal dealer
Web software with support in internet explorer, Firefox, Google chrome
Start with as low as 500$
No commissions or hidden fees
Daily market analysis
Updated video library with a daily outlook and site tutorials
Fixed spreads
Regulation Pending
Credit Card, Moneybookers, Paypal, Western Union, Wire Transfer
English, Arabic, French, Spanish
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