UPFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-18 14:59

Abstract：Founded in 2020, UPFX is a multi-asset broker registered in the United States, offering trading in forex, commodities, indices, cryptocurrencies, and shares with leverage up to 1:1000 and spread from 0 pips via the MT5 platform. The minimum deposit requirement is $100.

UPFXReview Summary
Founded	2020
Registered Country/Region	United States
Regulation	ASIC (Exceeded)
Market Instruments	Forex, commodities, indices, cryptocurrencies, shares
Demo Account	/
Leverage	Up to 1:1000
Spread	Form 0 pips
Trading Platform	MT5
Social Trading	✅
Min Deposit	$100
Customer Support	24/7 contact form
	Email: admin@upfxtrade.com
	Company Address: New Horizon Building, Ground Floor, 3½ Miles Philip S.W. Goldson Highway, Belize City, Belize

　　Founded in 2020, UPFX is a multi-asset broker registered in the United States, offering trading in forex, commodities, indices, cryptocurrencies, and shares with leverage up to 1:1000 and spread from 0 pips via the MT5 platform. The minimum deposit requirement is $100.

Pros and Cons

Pros	Cons
Diverse tradable assets	Exceeded ASIC License
Multiple account types	High minimum deposit requirement
Commission-free accounts offered	Limited contact channels
Flexible leverage ratios
MT5 offered
Social trading
Popular payment options

Is UPFX Legit?

　　No, UPFX currently has no valid regulations. It only holds an exceeded Investment Advisory License from Australia Securities & Investment Commission (ASIC).

Regulated Country	Regulated Authority	Regulatory Status	Regulated Entity	License Type	License Number
	Australia Securities & Investment Commission （ASIC）	Exceeded	ULTIMATE PINNACLE CO PTY LTD	Investment Advisory License	224485

What Can I Trade on UPFX?

Trading Asset	Available
forex	✔
commodities	✔
indices	✔
shares	✔
cryptocurrencies	✔
bonds	❌
options	❌
ETFs	❌

Account Type/Leverage/Fees

Account Type	ECN	Ultimate	Pro	Golden
MinDeposit	$5 000	$100	$1 000	$100
Max Leverage	1:400	1:500	1:400	1:1000
Spread	From 0 pips	From 2.0 pips	From 0.6 pips	From 2.0 pips
Commission	$3 per side	❌	$4 per side	❌
Trading Markets	150+, Forex, CFDs & Crypto	130+, Forex, CFDs & Crypto