Forex trade, as a segment of commerce and industry, had always been popular and is the most ancient form of trade known to us. Trade in foreign currencies was in vogue since nations started exporting and importing goods using the system of dual currency. Since then, forex trade has come a long way. Nowadays, one would come across housewives, retired professionals and individuals from all walks of life doing forex trading using this advanced trading platforms and making money.
Technological advancements have also propelled forex brokerage to the frontline in the financial services sector. UFX.com is a reliable brokerage firm that offers a user-friendly forex trading system to make sound profits by leveraging his spread in a way advised by us. They provide a solid platform to those who wish to take trading forex, commodities, indices, and cfds as a profession. This brokerage firm provides coaching and tutorials for the same.
At UFX.com, traders get a choice of trading in several currency pairs, The company does not charge any brokerage or commission on the transactions. They have a web based online forex trading platform giving traders a leeway to trade at their convenient timings without having to download any software. They offer the trader the choice of opening a demo forex account and furnish total information on daily trade, daily recommendations, reviews on markets, currency convertor and so on both through texts and video.
Trading via robots or automatons is strictly prohibited by UFX.com. Their trading system and patterns are such that it suits all big and small investors or traders. They also offer fx education including forex trading strategies. The following nuggets of information given out as a ready reckoner will help the trader who is interested to trade on UFX platform.
1. The time schedule and trading hours: – From 21.00 GMT (Sundays) to 20.00 GMT (Fridays).
2. Language of Websites: – English, Spanish, Turkish, Arabic, French, Portuguese, Russian, and Italian.
3. Different Account Types: – Macro and Mini, Standard, Demo, Islamic, and Advanced Accounts.
4. General Forex Information of UFX.com: – Minimum deposit-$100.00; Minimum transaction size- 500 units of currency; Leverage offered- 1:200; Spread table:- 3 pips in Standard account, and 4 pips in Mini accounts; Trading items- Currencies, indices and commodities; Demo Account Ceiling-$10,000.
5. Forex Trading additional benefits: – You get an incentive or bonus of 30% on your initial deposit. Traders must fulfill the necessary trading volume if they want to withdraw their profits.
6. The forex trading tools used: – Thin chart, single chart, currency converter, news feed, economic calendar, charts station, daily market review and recommendations.
7. Different account opening verticals for deposits and withdrawals: – Western Union, PayPal, various credit cards except American Express, bank transfers, MoneyBookers, Neteller, WebMoney, and CashU.
UFX.com offer daily market reviews and recommendations, live chat sessions with forex specialists, live streaming news, currency convertors, foolproof security system, and much more.