UITFX
Extracto：Founded in 2021, UITFX is an unregulated broker registered in Hong Kong, offering trading in forex, metals, commodities, indices, stocks and cryptos with leverage up to 1:500 and spread up to 1.5 pips on the ECN MICRO account through the MT5 trading platform. Demo accounts are available and the minimum deposit requirement to open a live account is just $10.
| UITFX Review Summary | |
| Founded | 2021 |
| Registered Country/Region | Hong Kong |
| Regulation | No regulation |
| Market Instruments | Forex, Metals, Commodities, Indices, Stocks, Cryptos |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | Up to 1.5 pips (ECN MICRO account) |
| Trading Platform | MT5 |
| Min Deposit | $10 |
| Customer Support | 24/7 live chat, contact form |
| Tel: +66 61-331-3845 | |
| Email: support@uitfx.com | |
| Facebook, X, Instagram, Linkedin, Youtube | |
| Address: 99/238 Moo-9, Nong Prue, Banglamung, Chonburi, Thailand. Pin-20150 | |
| Regional Restrictions | USA, Canada, Sudan, Syria, North Korea, Iran, Iraq, Mauritius, Myanmar, Yemen, Afghanistan, Vanuatu and EEA countries' clients are not allowed |
UITFX Information
Founded in 2021, UITFX is an unregulated broker registered in Hong Kong, offering trading in forex, metals, commodities, indices, stocks and cryptos with leverage up to 1:500 and spread up to 1.5 pips on the ECN MICRO account through the MT5 trading platform. Demo accounts are available and the minimum deposit requirement to open a live account is just $10.
Pros and Cons
| Pros | Cons |
| Diverse tradable asset classes | No regulation |
| Demo accounts | Regional restrictions |
| Multiple account types | Withdrawal limit every day |
| Micro account offered | |
| Commission-free for most accounts | |
| MT5 platform | |
| Low minimum deposit requirement | |
| Popular payment options | |
| 24/7 live chat |
Is UITFX Legit?
No. UITFX currently has no valid regulations. Please be aware of the risk!
What Can I Trade on UITFX?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Metals | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptos | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Here are four account types UITFX offers:
| Account Type | Min Deposit | Suitable for |
| ECN MICRO | $10 | New traders |
| ECN PREMIUM | $500 | Active traders |
| ECN RAW SPREAD | $5 000 | Professional traders |
| MAM ZERO SPREAD | $500 | Every type of traders |
Leverage
| Account Type | Max Leverage |
| ECN MICRO | 1:500 |
| ECN PREMIUM | 1:500 |
| ECN RAW SPREAD | 1:200 |
| MAM ZERO SPREAD | 1:500 |
The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate. It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.
UITFX Fees
| Account Type | Spread | Commission |
| ECN MICRO | Up to 1.5 pips | ❌ |
| ECN PREMIUM | Up to 1.1 pips | ❌ |
| ECN RAW SPREAD | Up to 0.0 pip | $8 per standard lot |
| MAM ZERO SPREAD | Up to 1.2 pips | ❌ |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Web, Android, Windows, MAC OS | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
The broker accepts payments via wire transfer, MasterCard, Visa, Skrill and Neteller.
| Account Type | Withdrawal Limit (per day) |
| ECN MICRO | $10 000 |
| ECN PREMIUM | $25 000 |
| ECN RAW SPREAD | $50 000 |
| MAM ZERO SPREAD | $50 000 |
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