United CFX (united-cfx.com) has been flagged by ASIC (Australia) for "Unlicensed". Phones: 61 290693263, 16479455558, 44 203 8070618
Addresses: 100 Adelaide St W Toronto ON M5H 1S3 Canada; 10 Upper Bank St London E14 5NP United Kingdom 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.united-cfx.com.
If you are reading this considering United CFX (united-cfx.com) - run. I wish I had read more negative reviews after a family member had a good experience. I thought the positive ones were real. Maybe some are. My experience over for about five months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Portfolio tracking tools|Fast deposits|Clear documentation
Cons: Account statements could be more detailed
I wanted to transfer my portfolio from another broker to United CFX (united-cfx.com). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Multi-device support|Social trading features|Dividend tracking|Multiple order types
Cons: Nothing significant
I trusted United CFX (united-cfx.com) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Detailed reporting|Dividend tracking
Cons: Account statements could be more detailed|No integrated tax optimization
I experienced a security concern with my United CFX (united-cfx.com) account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Two-factor authentication|Tax reports included|Low minimum deposit|Excellent charting
Cons: Spreads widen during volatile periods|No phone support on weekends
I lost a significant amount because United CFX (united-cfx.com) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Easy to use platform|Comprehensive tools|Helpful community forum
Cons: Minimum deposit could be lower
The spread at United CFX (united-cfx.com) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them from a review site like this one and initially thought the platform was good - until I started trading seriously.
Pros: Educational resources|Copy trading available|Good analytical tools
Cons: Nothing significant
I opened an account with United CFX (united-cfx.com) for a couple of months now 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: Risk management tools|Good analytical tools|Portfolio tracking tools
Cons: Search feature is basic|No dark mode on mobile
After since early this year with United CFX (united-cfx.com), I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Detailed reporting|Economic calendar
Cons: Help articles are sometimes vague
I referred a friend to United CFX (united-cfx.com) after a family member had a good experience. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Real-time alerts|Responsive team
Cons: Spreads widen during volatile periods
After for about eight months with United CFX (united-cfx.com) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Smooth onboarding|Tax reports included|Instant funding
Cons: Website design could be more modern