UFX- Some Important Points about This Broker

UFX Information

UFX is a fx brokerage company registered in Cyprus and founded in 2009. It currently only holds a revoked CySEC license.

Pros and Cons

Is UFX Legit?

UFX is licensed by CYSEC to offer services but currently revoked.

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
	Cyprus Securities and Exchange Commission (CySEC)	Revoked	Reliantco Investments Ltd	Appointed Representative (AR)	127/10

What Can I Trade on UFX?

UFX Fees

Clients will receive $50 for each initial deposit, and then 25% of the initial pip spread from each trade, multiplied by a percentage of the volume. Earn a percentage of the company's trading turnover among the clients. Make up to 35% revenue share.

There is a minimum payout. The monthly earnings will be sent out to clients only if the sum is over $100, otherwise a commission will be carried over to the next month.

Deposit and Withdrawal

UFX accepts payments done via wire transfer, money bookers or PayPal.