UFX Scam Test

UFX Scam Test

UFX Scam Test

UFX is one of the most important players in the game called forex trading. They have many loyal clients from all around the world, so we decided to check whether they are running their business in a safe and reliable way. That’s why in this UFX Scam Test we tested all relevant safety-related aspects of the company’s website. If you want to see if UFX is legit, just keep reading this article!

UFX License

When we’re discussing a broker’s safety, the very first thing that comes to mind is definitely regulation. If you want to be completely sure that a broker is legit, just check if it is regulated. That’s how you can be sure the company does business in compliance with all financial rules and regulations.

As we’ve already mentioned in our in-depth UFX Review 2018, this broker is regulated by CySEC – the Cyprus Securities and Exchange Commission. This is a financial regulatory body from Cyprus which ensures that business is done in compliance with strict European financial harmonization law. In other words, the fact that the company is regulated by CySEC tells you that they are completely legit. Furthermore, the company is registered with regulatory bodies of many different countries (Czech National Bank in Czech Republic and Finanstilsynet in Denmark, just to name some). Having that in mind, we can conclude that you can rest assured that no UFX scams can happen because so many regulatory bodies are overseeing the company.

UFX Regulation

UFX Regulation

UFX Support and Transactions

Another very important element that can also tell us if the broker is legit or not is its support team. When you’re entering this kind of business, you want to have a reliable partner on your side, and we guarantee that UFX is indeed a trustworthy partner. They are quick, dedicated and easy to contact – you can send them a message via live chat, or you can call them. Whatever the case, the support team will always be ready to help you.

Apart from that, we’d like to say a few words about the transactions. Since you’re dealing with money, it’s important that they are completely secure every single time. UFX allows you to use various methods e.g. credit cards, local bank transfer, Neteller, Skrill etc. After testing each of them ourselves, we can confirm that no UFX scam will happen here, either. Advanced SSL protection, two layers of firewalls, multiple server farms and many other technological features make sure your money is always delivered safely an on time.

UFX Home Page

UFX Home Page

Conclusion

So, is UFX scam something you need to worry about? No, and there are several reasons for that. First of all, the company is regulated by CySEC and complies with anti-money laundering laws of the European Union. Also, the company is registered in many countries, which is another good reason to call them legit. Monetary transactions with UFX can be done quickly and each method is extremely well protected by some very advanced features. Moreover, if you need some help, you can always contact their reliable support team.

In the end, we can say that UFX is definitely one of the best brokers in the field. Open an account with them, there is absolutely nothing to worry about.

OPEN FREE TRADING ACCOUNT WITH UFX.COM NOW!

Recommended reading

Author's overall rating:
Author: Ben Prescott
Updated:

RISK DISCLAIMER
BinaryOptionsTrading-Review.com has taken reasonable measures to ensure the accuracy of the information in the website, however, does not guarantee it. The data exhibited in this website is not necessarily always real-time or completely accurate; this includes market analysis, forecasts, signals, assets’ price quotes and charts. Readers should not treat any opinion expressed by the authors of BinaryOptionsTrading-Review.com as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of their current opinion. The risks involved in trading binary options are high and may not be suitable for all traders. BinaryOptionsTrading-Review.com doesn't retain responsibility for any losses readers might face as a result of using the information presented in this website. This website is owned by Next Media Corp.
In accordance with FTC guidelines, BinaryOptionsTrading-Review.com has financial relationships with some of the products and services mentioned on this website. BinaryOptionsTrading-Review.com may be compensated if consumers choose to click links in our content and ultimately sign up for mentioned products.
Binary options are not promoted or sold to retail EEA traders. If you are not a professional client, please leave this page.