UpFX review - Regulation, Trading platforms, Broker features, and User ratings.
What is UpFX?
Up FX is a CFD broker with MT4, MT Web and Mobile CFD trading top platforms.
UpFX.com offers CFDs on over 35 forex currency pairs, commodities, gold, oil, indices and stocks for your personal investment and trading options.
Please read UpFX Reviews below and share your live trading experiences with this broker.
Other website of this company including BMFN.com.
|Minimum Trade Size:||0.01|
|Minimum to Open Live:||$1,000|
|Address:||Law Partners House, Kumul Highway, Port Vila, Vanuatu|
|Contact:||email@example.com, +1 514 667 8470|
|Prohibited countries:||Show all >>|
|Web Trading:||✅ Yes|
|Mobile Trading:||✅ Yes|
|CFD:||(55+) Gold, Silver, Stocks, Stock Indexes, Oil, Other Commodities|
|Deposit Methods:||VISA, MasterCard, CASHU, Globe Pay, Neteller, Skrill|
|Withdrawal Methods:||VISA, MasterCard, CASHU, Globe Pay, Neteller, Skrill|
Recent User Reviews of UpFX
Account number 33339019 mt4 They never paid my withdrawal
This broker is out of business
They stated very cleary that they only trade using MT4.
For customer services, please using skype message or call them using skype. you sure will get them.
2012-04-23 5Star I have been trading here for several months now, and all I can say is that UpFX continues to amaze me--very tight spreads, lots of instruments to trade, fast executions, and fantasic customer support. UpFX is vastly superior compared to the majority of other brokers that I have encountered.
Please see my last conversation with them below.They don't even show the name of the person on the other side of the chat.
At last need to find another broker to put my hard earned money.
Please hold on while we locate a company representative. Meanwhile,
you can submit your question.
Hi, how may I assist you?
Do you guys have copy trader option
is there any way i can copy my trades to other accounts?
There are places like zulutrade you can contacct
But you will not support zulutrader or ninja trader ryt?
We use metatrader app
then zulutrade will not work . I will try to find some other softwares
to use it in your account
none of your clients use copytrade?!!
I can't say what our clients are doing.
I don't ask your clients details. If you guys have any other options
or show me a way to copy trade better
I said we don't offer a trade copier. There are many companies like
zulutrade that do this, you should ask them about it
again you r confusing me. You said you don't accept zulutrade other than mt4.
I didn't say such a thing. You've made a lot of presumptions. you
asked if we offer ninjatrader, i answered by telling you that our
trading application is metatrader. then you asked if we offer a trade
copier and i said no.
Is there anything else I could assist you with?
don't be too rude first of all. I amtrying to clarify something.
I'm not being rude. I've answered all your questions.
Is there anything else you need help with?
Nope. You did answer. But not trying to help the customer. Ok thats not the matter. Are you supporting zulutrade?
Contct zulutrade and ask them if they are compatable
But are you allowing zulutrade in the first place?. Because you have a mt4 platform.
How can we allow or not allow it?
I think you should contact them with your questions, we cannot answer about it.
ohhhh. what you are saying?. If UPFX don't allow to trade with
zulutrade platform how can i trade?
Is there anything else you need help with? I have other customers
waiting in my queue
Please contact those people for assistance with their product.
thanks for stopping by today. Cheers
I think you are purposely doing this?. I will send a complaint email
to UPFX about this.
I am at the 8 month mark with upfx. I can say that the reply made by Mike B below is how these guys treat every trader. I never am dissatisfied with their level of one on one customer service. They are good people - period!
2011-11-01 5Star Just an update now that I have been with upfx for about 3 months. They are still awesome - great spreads, great execution and great customer service. As long as they exist, I will be their client. A true STP - try them out!
2011-08-08 5Star It has been about 3 weeks for me with these guys. My first experience was in the chat room before i opened an account. A guy Jason helped me a great deal in setting up the account. This is what floored me - he actually helped me to ping my account to make sure the speed was fast enough from LA. It was! I couldn't believe any broker would go to that level of helping me via a chat window. I have spoken with a few of the people over there since, and I actually feel like they are good people who want to help you succeed. Sure some people might laugh at this comment, and recognize that I never post reviews, but I have no connection to them other than the relationship that is now 3 weeks old. Try them out and see for yourself. They claim to be a REAL STP, and I actually believe them. Spreads are better than my other 3 brokers most of the time, but they do fluctuate...as they should being an STP. Also, I have been trading for over 3 years, so I am well aware of the tricks brokers play...so far, not these guys...
I traded with them and I am very unsatisfied with their execution times of mostly over two seconds (2000ms) and sometimes even 3 seconds!
This is way to much althogh latency from my vps to their server was only 20ms.
They have also high Stop Levels of 5 pips (or 50 because it is 5 digit broker).
The only thing that was good was the fast funding and withdrawal.
But for trading there belongs a bit more! Also the live support is only a rarely available. No answer to any e-mail I wrote.
Good thing I have found another broker who has also 20ms latency and a suitable 500ms execution time (sometimes lower)
Their only regulation is "Seychelles International Business Authority [SIBA]", however there is not Seychelles in the list of UPFX business location. They say "Our domicile and registered address is Seychelles. However, we maintain contact access points globally in order to serve you better".
If they think so, they should take more authorized licenses at Canada or UK.
Their lower body looks like to prepare escape.