upifex.com has been flagged by AMF (France) for "Unauthorised". Category: Crypto-actifs This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: upifex.com.
KYC with upifex.com is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Comprehensive tools|Quick verification|Economic calendar
Cons: No fractional shares|No live chat on mobile
The so-called education at upifex.com is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for a couple of months now thinking they would help me learn.
Pros: Economic calendar|Clear documentation
Cons: No integrated tax optimization
After using upifex.com since the beginning of the year, 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: Fast execution|Dedicated account manager|Automated trading options
Cons: Mobile app could be improved|Currency conversion fee exists
upifex.com changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Wide product range|API access|Economic calendar|Regular updates
Cons: Spreads widen during volatile periods
upifex.com has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Competitive fees|Fast execution
Cons: Some tools only available on higher tiers|Website design could be more modern
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. upifex.com recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Multi-device support|Low minimum deposit|Wide product range
Cons: No dark mode on mobile|Cannot customize dashboard fully
If you are reading this considering upifex.com - run. I wish I had read more negative reviews through a financial advisor. I thought the positive ones were real. Maybe some are. My experience over for a couple of months now has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Helpful community forum|Segregated accounts|Educational resources|Demo account available
Cons: Search feature is basic|Minor UI glitches occasionally
What really bothers me about upifex.com is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after doing extensive research and I fell for the polished exterior. Never again.
Pros: Multiple order types|Multi-currency support|Social trading features|Good mobile app
Cons: Limited social trading features|No fractional shares
I found upifex.com while looking for alternatives to my previous provider and the initial impression was positive. But for over a year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Stable platform|Dedicated account manager|Fast execution|Clear documentation
Cons: Desktop app not available on Linux|No phone support on weekends
I referred a friend to upifex.com through my accountant's suggestion. 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: Tax reports included|Copy trading available|Easy withdrawals
Cons: Slow to add new assets|Minor UI glitches occasionally