Edited by February 25, 2025

Author

Edited by

Alison Heyerdahl

Head of Content

Alison Heyerdahl is the Head of Content at FxScouts, a Chartered Market Technician (CMT), and an experienced trader, as well as a financial writer with extensive expertise in Forex trading, broker analysis, and market research. She has reviewed 100+ brokers, publishes weekly YouTube trading videos, and co-hosts the “Let’s Talk Forex” podcast.

Learn more about Alison Heyerdahl

Author

Chris Cammack

Partner Manager and Financial Writer

Chris Cammack is the Partner Manager and a financial writer at FxScouts. Chris builds and maintains our relationships with our partners to provide our users with the best Forex trading experience.

Learn more about Chris Cammack

UFX

3.70

How we review

Visit Broker

79.74% of retail CFD accounts lose money with this provider

Available to traders in %s

Min deposit

USD 100

Regulated By
Varies by region

Trading Cost

USD 20

Max Leverage
Varies by region

30:1

Copy Trading
Varies by region

Platforms

MT5

Instruments

UFX Broker Review

Visit Broker

Pros

Great platform choice
Fast and free withdrawals
Good range of accounts

Cons

Wide spreads
Limited education
Limited market analysis

Rating Reviews

3.70

UFX Overall Summary

Trust Rating

Trading Conditions

3.5

Platforms

4.5

Education

1.5

Beginner Friendly

Assets Available

3.5

Analysis Research

Deposit & Withdrawal

4.5

Overall Rating

3.70

/ 5

Base Currencies

EUR, GBP, USD, AUD, NZD, CAD, CHF

Number of FX Pairs

Crypto Pairs

Copy Trading

Hedging Allowed

Yes

Scalping Allowed

Islamic Account

Yes

Account Name

Commission

EUR/USD

2.00

GBP/USD

3.00

USD/JPY

3.00

Negative Balance Protection

Company Name

Reliantco Investments Ltd

Founded

2007

Website

www.ufx.com

Website Language

English

Support Language

English

Office Locations

Cyprus, Czech Republic

Support Email Address

Contact form on website

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Meet the Experts Behind Our Unbiased Reviews

Chris Cammack

Partner Manager and Financial Writer

Chris Cammack is partner manager and senior financial writer at FxScouts, specialising in broker relations and forex market analysis. As the former Head of Content (2019–2024), he set editorial standards for all content published at FxScouts, including broker reviews, broker comparison pages and education. With over a decade of experience in editorial management and partner relations, Chris builds and maintains our relationships with our partners to provide the best Forex trading experience for our users. He also co-hosts the “Let’s Talk Forex” podcast with Alison Heyerdahl, where he explores trading strategies, industry news, and macroeconomic trends to help traders navigate the markets with confidence.

Alison Heyerdahl

Head of Content

Alison Heyerdahl is the Head of Content at FxScouts, a Chartered Market Technician (CMT), an experienced trader, and a financial writer with extensive hands-on experience in the Forex trading industry. She specialises in Forex trading, broker analysis, and market research, with a focus on helping traders navigate the complex world of online trading safely and confidently. Alison has tested and reviewed more than 100 Forex brokers, assessing everything from regulatory status and trading conditions to platform features and customer support. Her goal is to provide honest, detailed, and practical insights that traders can rely on when choosing a broker. She’s also produced more than 300 educational videos for the FxScouts YouTube channel, where she explains trading concepts in a clear, accessible way. As the co-host of the “Let’s Talk Forex” podcast, Alison shares expert commentary on broker reliability, trading strategies, and market developments—always with a focus on transparency and trader protection.

Stefan de Clerk

Financial Writer

Stefan is a financial writer and Forex trading enthusiast with over a decade of experience creating in-depth content on finance and technology. His deep interest in geopolitical events, big data, and market sentiment fuels his passion for analyzing how global factors shape financial markets. With a background in marketing and financial research, Stefan believes that Forex trading offers the best insight into the pulse of the world economy. Committed to delivering well-researched, unbiased, and objective information, he helps traders navigate the markets with clarity and confidence.

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