General Information
Established In 2021, UITFX Is An Unregulated Broker Registered In Hong Kong That Offers Forex, Precious Metals, Commodities, Indices, Stocks And Cryptocurrencies Trading Through The MT5 Trading Platform With Leverage Up To 1:500 And Spreads Up To 1.5 Pips On ECN MICRO Accounts. Demo Account Is Available And The Minimum Deposit Requirement To Open A Real Account Is Only 10 Dollars.
Advantages And Disadvantages
Advantages
- Diverse Tradable Asset Classes
- Demo Account
- Multiple Account Types
- Micro Accounts Available
- Commission-free Accounts In Most Cases
- MT5 Platform
- Low Minimum Deposit Requirements
- Popular Payment Options
- 24/7 Live Chat
Disadvantages
- > Unregulated
- Regional Restrictions
- Daily Withdrawal Limits
Market Instruments
Offers Forex, Precious Metals, Commodities, Indices, Stocks, Cryptocurrencies For Customers To Choose From.
Account Types
UITFX Offers The Following Four Account Types:
ECN MICRO Account Suitable For Novice Traders With A Minimum Deposit Of 10 Dollars
ECN PREMIUM Account Suitable For Active Traders With A Minimum Deposit Of 500 Dollars
ECN RAW SPREAD Account Suitable For Professional Traders With A Minimum Deposit Of 5 Dollars 000
MAM ZERO SPREAD Account Suitable For All Types Of Traders With A Minimum Deposit Of 500 Dollars
Leverage
The Maximum Leverage Provided By ECN MICRO Is 1:500
The Maximum Leverage Provided By ECN PREMIUM Is 1:500
The Maximum Leverage Provided By ECN RAW SPREAD Is 1:200
The Maximum Leverage Provided By MAM ZERO SPREAD Is 1:500
The Use Of Leverage Can Either Work In Your Favor Or Against You. Leverage Amplifies The Returns From Favorable Movements In Currency Exchange Rates. It Is Very Important For Forex Traders To Learn How To Manage Leverage And Adopt Risk Management Strategies To Mitigate Forex Losses.
FEES
ECN MICRO Offers Spreads Up To 1.5 Pips With No Commission,
ECN PREMIUM Offers Spreads Up To 1.1 Pips With No Commission,
ECN RAW SPREAD Spreads Up To 0.0 Pips With $8 Commission Per Standard Lot,
MAM ZERO SPREAD Spreads Up To 1.2 Pips With No Commission.
Trading Platform
UITFX Provides Investors With The Market-leading And Widely Praised MT5 Trading Platform, As Well As MT5 Windows, MT5 IOS And MT5 Android. The MT5 Trading Platform Is One Of The Most Well-known And Widely Used Online Trading Systems In The World. The MT5 Platform Provides Traders With A Variety Of Trading Execution Functions, Unlimited Charts, Rich Technical Indicators And Curves, Custom Indicators And Scripts, Allowing Traders To Implement Any Simple Or Complex Trading Strategy.
Deposits And Withdrawals
This Broker Accepts Payments Via Telegraphic Transfer, MasterCard, Visa, Skrill And Neteller.
ECN MICRO Daily Withdrawal Limit 10 Dollars 000;
ECN PREMIUM Daily Withdrawal Limit 25 Dollars 000;
ECN RAW SPREAD Daily Withdrawal Limit 50 Dollars 000;
MAM ZERO SPREAD Daily Withdrawal Limit 50 Dollars 000.
Customer Support
24/7 Live Chat, Contact Form
Phone: + 66 61-331-3845
Email: Support@uitfx.com
Regional Restrictions
Customers In The United States, Canada, Sudan, Syria, North Korea, Iran, Iraq, Mauritius, Myanmar, Yemen, Afghanistan, Vanuatu And European Economic Area Countries Are Not Allowed
