UFX Global Limited has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: +35 702 503 003 14, +49 303 080 8240, +420 22 888 22 70, +44 208105 0778, +44 207 681 1810
Addresses: T19 1st Floor Tana Russet Plaza Kumul Highway Port Vila Vanuatu 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.ufx.com.
I signed up with UFX Global Limited when my bank disappointed me and I searched for alternatives and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Social trading features|Multi-currency support|Detailed reporting
Cons: Mobile app could be improved|Help articles are sometimes vague
After spending for the past six months trying to make UFX Global Limited work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Tax reports included|Good analytical tools
Cons: Some tools only available on higher tiers
I have been trying to close my account with UFX Global Limited for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Tax reports included|Wide product range|Stable platform
Cons: Charting tools need more indicators|None so far
UFX Global Limited advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Social trading features|Smooth onboarding|Clear documentation|Easy to use platform
Cons: Live chat only during business hours|Mobile app could be improved
The platform itself is okay, but the customer service at UFX Global Limited is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Helpful community forum|Clear documentation|Easy withdrawals|Two-factor authentication
Cons: No live chat on mobile