UFX Bank Forex Broker Review

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 in United Kingdom, and is not watched over by any regulation board. They have a lot of withdrawal and deposit options, 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.

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.

FINEXO Forex Broker

You can make a lot of money investing online with Foreign Exchange Trading. In order to trade forex you’ll need a Forex Broker. FINEXO is a broker that use different payment method including LibertyReserve.

FINEXO is a “white-label” partner of Saxo Bank, a well known and respected investment bank offering among other things, spot forex trading. There are many differences to trading with FINEXO rather than Saxo Bank though. Some of them you may see as beneficial and others not, depending on what suits you. FINEXO’s spreads are the same as those of Saxo, with the exception of EUR/USD, where at most times FINEXO actually offers a lower spread by giving away a bit of their commission. FINEXO also provides a completely different, browser-based trading platform, albeit running on the same data feed. The platform is quite capable, with a variety of complex order types such as OCO and ID (if done), and good charting and reporting features. On top of that, FINEXO offers a wider variety of deposit and withdrawal methods and lowers minimum threshold deposits required to attain better trading conditions. Smaller accounts and smaller deal sizes are also accommodated by FINEXO. So, in short, FINEXO is certainly more than just a white-label product masquerading as something more. It offers up enough idiosyncrasies to warrant a second look, particularly if you are already interested in the Saxo product and the financial soundness and reputation that come with it – FINEXO may just offer something to make your trading better.