Uzex has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Market...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I closed a profitable position at Uzex and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Economic calendar|Dedicated account manager|High security standards|Low minimum deposit
Cons: Alert system is basic|No live chat on mobile
My withdrawal from Uzex was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for close to eighteen months of being strung along.
Pros: Fast execution|Educational resources|Smooth onboarding|Copy trading available
Cons: Minor UI glitches occasionally|Cannot customize dashboard fully
I signed up with Uzex after attending a webinar they hosted 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: Good mobile app|Fast execution
Cons: No phone support on weekends|Desktop app not available on Linux
Uzex offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Helpful community forum|Excellent charting|Dividend tracking|Demo account available
Cons: Account statements could be more detailed