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UFXMarkets

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Cyprus

Founded in

2007 (18 Years)

Founded

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Security Information

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    What are the differences in regulations for each

    License

    A Grade License

    Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

    B Grade License

    Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

    C Grade License

    Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

    D Grade License

    From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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    Company Information

    Get to know UFXMarkets

    UFXMarkets is a leading online foreign exchange broker offering clients access to trading in the currency, stock index, commodity and CFD markets, as well as various trading-related information published at its website UFXMarkets.com. The company was founded in 2007 and became a brand of Reliantco in 2011. Reliantco is a Cyprus Investment Firm or CIF, regulated by CySEC and registered under the license number 127/10. CySEC ensures that the companies it regulates conform to MiFID guidelines in its capacity as a financial regulating agency for a European Union Member state. Due to CySEC’s strict compliance requirements, clients of companies it regulates enjoy an increased level of protection. UFXMarkets is run by a corporate team of financial professionals and experts with a combined experience of 50 years in online trading and Internet technology. UFXMarket’s basic philosophy, which has guided the company since its inception, is to keep clients enthusiastic, informed on the markets, and satisfied with the dealing service its provides. ParagonEX, the trading platform offered to clients of UFXMarkets, was developed by the company’s CEO and is designed to provide clients with the most up-to-date charts, news and data feeds. Customers can access extensive resources about the markets and trading, including videos with daily market outlooks, market commentaries and trading ideas. Furthermore, UFXMarkets offers its traders useful tips, one-on-one training, trading strategies, forex articles, tutorials and more. Our customer support services give clients 24 hour telephone support in several different languages that includes remote assistance, access to personal dealers and coaching for traders. A variety of different types of accounts can be opened with UFXMarkets, which include Mini, Standard and Advanced accounts, as well as Demo trading accounts for those who wish to begin trading without initially committing funds. Our client’s cultural differences are also accounted for by providing interest free Islamic style accounts for investors observing traditional Muslim financial customs. For more information on the different varieties of account types we offer, please visit our Accounts page at the UFXMarkets.com website. Safety and security of client funds and personal information have always been a priority and concern for UFXMarkets. Because of these considerations, UFXMarkets uses a 128-bit SSL encryption system that has become an industry standard for secure data transmissions. In addition, all customer data is stored along with several backups in secure server farms guarded around the clock by armed security staff. UFXMarkets also uses state-of-the art firewall technology which prevents any unauthorized access to client or company information. Due to our commitment to providing customers with the best possible informational and market resources, first class support and competitive pricing, UFXMarkets is at the forefront of the Internet trading business. You can get more information on UFXMarkets at LiveJournal and be sure to visit our official website at UFXMarkets.com to open a trading account with us today.

    Industry

    • Forex Retail BrokerPRIMARY
    • Technology Software Trading Platform

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    TrustFinance Intelligence Agency

    Research date: Jun 17, 2024

    UFXMarkets makes Daily Market Reviews available to all on the UFXMarkets website, featuring expert trading analysis of the financial markets.

    UFXMarkets makes Daily Market Reviews available to all on the UFXMarkets website, featuring expert trading analysis of the financial markets.

    UFX has a long history of scam complaints at Forex Peace Army, warning traders not to trust it.

    UFX has a long history of scam complaints at Forex Peace Army, warning traders not to trust it.

    UFX Broker Review - FinSMEs

    UFX Broker Review - FinSMEs

    UFX presents a range of opportunities for traders looking to access global financial markets.

    UFX presents a range of opportunities for traders looking to access global financial markets.

    UFX, a retail broker, seems to have quietly closed its doors, no longer providing investment services to customers.

    UFX, a retail broker, seems to have quietly closed its doors, no longer providing investment services to customers.

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