UFX Markets Review
Forex broker general information
Even though, UFX Markets is a relatively new entrant in the Forex brokers market, they are able to offer a pleasant trading experience because they are increasingly being endorsed by experienced traders. ReliantCo Investments Ltd. is the major company that owns UFX Markets. It is authorized by MiFid and CySEC regulated. These regulations ensure that you are trading with a reliable Forex broker. They have a unique trading platform and multiple account choices. This means that UFX Markets offers something for each and every type of trader.
Trading platforms
Most of the other Forex brokers customize the MT4 platform to provide customized platforms. However, UFX Markets has created a special platform of its own. This platform is user-friendly and offers lots of instructions on the screen top. The straightforward navigation on the left enables you to easily switch between Forex trading, indices, commodities and many other options.
The MT4 platform has different screens for different charting tools and currencies. On the other hand, the UFX Markets platform has just a single window that can help you focus entirely on the trade in hand. This means that there are not distractions at all. The trade execution is quite fast, leaving aside a few of them that can be slower. These slower executions are the ones that go slow with even other Forex brokers.
Forex bonus
UFX Markets offers a lucrative sign-up bonus for new users. A demo account would offer you free $10,000 credits. Whereas signing up for a live account would give you 30% bonus along with free Personal Coaching.
Social network
Even though UFX Markets is a new Forex broker in the industry, they have thousands of fans on their social pages.
Payment methods
UFX Markets offers all the leading methods for funding your account. The minimum deposit amount if $100, and the different methods offered include:
• Visa Card
• Master Card
• CashU
• Moneybookers
• Wire Transfer
When it comes to withdrawal, it takes between 3 to 5 days and the money is usually credited into the account from which you made the deposit.
Support
UFX Markets offers customer support through local phone numbers in 11 countries. You can also get in contact with them through email or 24-hour chat support. Several tests conducted on its customer support services have proven high level of accuracy in terms of response. However, email support requires 24 hours to respond. Therefore, the ideal method to contact them is through live chat or phone numbers. Local phone numbers mean that you can save a lot on your phone calls.
Conclusion
When UFX Markets designed there website and trading platform, it seems they have had given a lot of thought to the website’s design and the functionality of their platform. They provide viable spreads, which may not be the lowest that you find, but they are highly reasonable. When it comes to making instant trading decision, you would like the faster execution and the feature of single-click trading. As their customer support services are also catered through local phone number sin 11 major countries, it makes things easier.
