As a market maker, UFX may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements.
Market makers typically have a lower minimum deposit, smaller minimum trade requirements and no commission on trades. As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.
Noteworthy Points
You can see the latest margin requirements on their website. UFX also offers a number of useful risk management features, such as stop losses with trailing stops , limit orders negative balance protection price alerts and much more.
You can see all of the account features offered by UFX here. As UFX is regulated by CySEC , every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. To start the process of opening an account with UFX you can visit their website here. Marcus founded BrokerNotes in after trying hard to find a broker for himself to trade and struggling to compare brokers like-for-like.
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CFDs are leveraged products and can result in the loss of your capital. All trading involves risk.
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Past performance does not guarantee future results. This post is for educational purposes and should not be considered as investment advice. Welcome to BrokerNotes.
This site uses cookies - here's our cookie policy. Open a demo account What can you trade with UFX? See UFX's platforms. Still not sure? Spread from :. Commission :. UK consumers who are not satisfied with any aspect of the handling of their trading accounts are advised first complain to the firm directly.
UFXMarkets – Forex Broker Rating and Review 2021
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The regulator is considering structural features and enhanced disclosure, including a minimum market capitalization and a redemption option for investors. In the new role, he will be responsible for the Risk, Trading, and Dealing teams across the globe. The firm has offices in the UK, Cyprus, and Belarus. OANDA has now 60 days to file an amended complaint otherwise the court will turn the case into a permanent rejection.