UFXBank is, likely, the most well rounded online Forex broker you can find, offering one of the most competitive products available on the market today. The services they provide, many Forex brokers do not, and those that do offer similar services usually have minimum deposits in excess of $500. Clients have access to Forex tutorials, daily outlook videos, daily market updates, trade recommendations, tips, strategies, and access to dealing room experts. Advanced traders also receive live market updates and trade signals via SMS text messages. Potential traders will also be happy to know that in order to maintain client satisfaction, UFXBank is always updating its products and services to ensure that traders have the full range of options available to them.
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Deposits can be made through several payment options including credit card, bank and wire transfer, Moneybookers, CashU, and Western Union. Withdrawals are completed with ease and security
Platform UFXBank operates using ParagonEX online trading software. The trading platform blends sophistication with simplicity. While maintaining the highest levels of online security and accuracy of information, the platform remains simple and easy to navigate, and because there is no download required, clients can trade wherever they have internet access.
Help for Beginners UFXbank offer a demo account and a trading academy for new traders
Safety and security have always been a paramount concern in the minds of traders. UFXBank is regulated by the NFA as an Introducing Broker and undergoing full regulation license processes in Luxemburg, which addresses the European market. Although UFXBank is not fully regulated yet, all processes in the brokerage firm are already taking place according to regulation requirements. Most of us would never even consider an FX broker unless we were convinced of its accountability and honesty in financial statements and interactions with the customer. To that end, UFX Bank implements the industry standard 128-bit SSL encryption system, along with multiple backup facilities at server farms which are protected by armed guards at all times, as well as a sophisticated system of firewalls in order to prevent any unauthorized access to client or company information.
UFXBank is an ideal broker for those traders who desire a high level of customer support. Beginning traders starting out in the Forex market could find this additional care to be exceptionally useful. Experienced traders will find feature rich services and support in a quality product. For beginners and experts alike, UFXBank is a broker deserving of consideration.
Risk Warning: Trading in forex and Contracts for Difference (CFDs) is highly speculative and involves a significant risk of loss. Such trading is not suitable for all investors so you must ensure that you fully understand the risks before trading.