Money Magazine » Foreign Exchange Trading » UFX Bank Forex Broker

Update: I’ve contacted them on 5th of January 2010 regarding my account and I’ve still not received any reply from them! At this moment we don’t recommend you to choose this broker.

UFX Bank is a Forex Broker based at Dalton House, 60 Windsor Avenue, London SW19 2RR, and is not watched over by any regulation board. The company is a rising ECN foreign exchange expert. After starting offline back in 2008, when the company was established, throughout the past months, UFX Bank has turned out to be one of the most forcible systems on Earth. They have a lot of withdrawal and deposit methods, such as PayPal, WebMoney, Moneybookers, Neteller, wire transfer, Western Union and any major credit or debit card. Their minimum account requirement is $500, which is a relatively normal amount. However, they only started their online operations in 2009.

UFX Bank has a minimum deposit that pretty high but it has a unique fabrication tutorial interface and an array of educational courses. That means that if you are a beginner in foreign exchange trading, this platform’s a great selection. Understand that psychological factors are of vital importance in task focused software. UFX Bank makes an honest effort to keep you on the floor with customer support and 24/7 service. This is download based, but it is also most smooth working. No matter if you’re an English or Arabic speaker (or any other of a host of other languages), UFX Bank permits crisp and pleasant analysis and decision with a multilingual interface. You should also know, that UFX Bank’s presentation is very comprehensible. I think I saw my cat glancing at it once or twice. And i swear, we’re not talking about any savvy now. No, but seriously now, you got to be able to decipher what ever it is that’s in your account, especially if you want to be able to have control over what ever it is you do, that is.

Upon checking the website of UFX Bank, all the basic information is published on the site. They seem to be active enough. So far, they have good reviews from the best forex websites, but the number of reviews are rather less due to the fact that UFX Bank is a newcomer in the online forex trading scene.

UFX Bank Forex Broker has 24 hours customer support, and they seem to have good customer service. If they keep the quality of service up, they will certainly make a name for themselves online.

In this volatile, high risk/high gain forex market a well informed and equipped client is a client that is able to make his best decisions. Provided with the most up-to-date charts and news feeds and paired with highly flexible and intuitive software the client is able to make quick and intelligent trades based on the supplied tools. UFX Bank not only put the client in the center they also put the client in the center of the trading software. Upon your first trading experience – demo or real – you will encounter an ease of trade never experienced before. With no unnecessary clicks and menus, all you will ever need to access is one simple screen where everything is present.

However, should you require any human assistance with performing your trades their live help is at your disposal 24 hours a day – just like the forex market. UFX Bank dealers are always happy to assist you with your day-to-day activities and will happily aid you or perform your trades for you.

UFX Bank understand that software and human assistance availability and accessibility are crucial in the forex market. It is exactly why they chose the specific software and highly experienced dealers able to react immediately to changes in market environment.