Ufonde has been flagged by Finansinspektionen for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". Loan Fee Fraud
Ufonde/ Banque paribas
33 Bd de la Tour d'Auvergne Rennes
France
Telephone: +33773415388
E-mail: [email protected] This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.ufonde.com.
After using Ufonde for about ten months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Multiple order types|Social trading features|Educational resources
Cons: Research section could be deeper
I joined Ufonde after a trusted YouTuber reviewed them and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Instant funding|Tax reports included|Economic calendar
Cons: Limited demo account features
I opened an account with Ufonde for over a year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Stable platform|Multiple order types
Cons: Slow to add new assets|Onboarding videos are outdated
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Ufonde said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Detailed reporting|Copy trading available|Intuitive for beginners
Cons: No dark mode on mobile