UBCFX Review

General Information

Company Information

  • Broker's Name : UBCFX
  • Headquarter : Saint Vincent and the Grenadines
  • Regulation :

Account Information

  • Type of Broker : No Dealing Desk
  • U.S. Clients Allowed :
  • Minimum Deposit : $500
  • Maximum Leverage : 1:400
  • Commissions / Spreads : Spread
  • Account 1 : Bronze
  • Account 2 : Silver
  • Account 3 : Gold
  • Account 4 : VIP
  • Demo Account :
  • Islamic Account :
  • Segregated Account :
  • Managed Accounts :
  • Institutional Accounts :
  • Deposit Options :
  • Withdrawal Options :

Instruments Traded

  • ETFs :
  • CFDs :
  • Commodities :
  • Metals :
  • Stocks :
  • Oil :
  • Gold :
  • Binary Options :
  • Indices :

Trading Platforms

  • Type of Platform : MetaTrader 5
    • Platform Languages :
      • English
      • Dutch
      • Greek
      • Malay
      • Thai
      • Bahasa
      • Swedish
      • Polish
      • Hungarian
      • Portuguese
      • Russian
      • Spanish
      • Arabic
      • Italian
      • French
      • Turkish
      • German
      • Japanese
      • Chinese
      • Other
    • OS Compatibility :
      • Mac
      • Windows
      • Linux
      • Mobile
      • Web
      • iPhone
      • iPad
  • Trading Signals :
  • Market Analysis :
  • Chart Trading :
  • Automated Trading : fasle
  • Scalping :
  • Hedging :
  • Mobile Alerts :
  • E-mail Alerts :
  • Trailing Stops :
  • Guaranteed Stop Loss :
  • Guaranteed Limit Orders :
  • Guaranteed Execution :
  • OCO Orders :
  • Interest on Margin :
  • Web-based Trading :
  • Mobile Trading :

Customer Support

    • Website Languages :
      • English
      • Spanish
      • Arabic
      • German
      • Russian
  • Support Hours : 9 - 5
  • E-mail Support :
  • SMS Support :
  • Chat :

Pros and Cons

  • Wide Range of Assets
  • Extensive Share Trading
  • High Spreads

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UBCFX, founded in 2018 by a parent company which has been in the retail Forex / CFDs brokerage business for several years, is an unregulated Forex and CFD broker headquartered in St. Vincent and the Grenadines. They state that they operate a no dealing desk interference trading model, suggesting without explicitly claiming that they run an STP/ECN type of brokerage operation. A very wide range of over 545 assets for trading are offered, in 56 Forex currency pairs, commodities such as Gold and Silver and Crude Oil, 9 major global equity indices, 15 cryptocurrency pairs, 143 European stocks, 8 Indian stocks, 296 U.S. stocks, and 72 international stocks.

Ubcfx Broker Review


Traders are offered the choice of several different account types to choose from, but all offer fixed spreads. No commissions are charged, which is unusual for a broker which claims to operate through a no dealing desk model. Maximum leverage offered on Bronze and Silver accounts is a very high 200 to 1, while the Gold account offers an even higher maximum leverage of 400 to 1. The minimum trade size for Forex is 1 mini-lot (0.10 full lots), which is unusually high. Most brokers allow trading in micro-lots (0.01 full lots).

The smallest account offered is the Bronze account, requiring a minimum deposit of $500, followed by the Silver account, which requires a minimum deposit of $2,000. Gold accounts require a minimum deposit of $5,000. There is a VIP account which is by invitation only.

All account holders are entitled to several free perks: daily signals, video tutorials, live support around the clock, a personal account manager, and a risk management plan. A Silver account entitles the holder to a UBCFX credit card, the ability to hedge trades, and an invite to VIP events, while the extra perks beyond those which comes with the Gold account are account performance analysis and a rushed withdrawal facility.

Spreads in all accounts are fixed, typically at 3 pips for the benchmark EUR/USD currency pair, which is very high by modern industry standards

A demo account is available, as is typical with nearly all spot Forex and CFD brokers.

Ubcfx Broker Review


The most notable features of UBCFX worth emphasizing is the extremely wide range of markets which are offered for trading. Well in excess of 200 global equities may be traded. Additionally, there is a wider than usual availability of tradable cryptocurrencies. Hedging is allowed, but automated trading is not available, as robots cannot be attached to the Sirix platform.

UBCFX offers no choice of trading platforms: the well-known and popular Sirix platform is offered in all its several device formats. This is a great choice for fans of social trading.

UBCFX keep things relatively simple, so you won’t find some of the bells and whistles that are often touted within the industry. Instead, they emphasize their goals as offering a great service. The transparency comes in the form of the no dealing desk, clear prices which are offered for trading.

Ubcfx Broker Review


UBCFX has an educational offering on their website offering a range of video tutorials, webinars, and an Ebook. A blog will be launched shortly, from the time this review was written. Market news updates are included in the “Trading Tools” section for account holders.

Bonuses and Promotions

No bonuses or promotions are on offer at the time of writing.


Depositing funds into a UBCFX account is an easy and secure process. Funding can be done using credit cards, debit cards, or wire transfer, as well as the electronic payment methods, Skrill, Webmoney and Neteller. Withdrawals can be made using the same available mechanisms.

UBCFX does not impose any minimums requirements on deposits or withdrawals, but the channels themselves may do so.

UBCFX offer a credit card, which may be used to make payments directly without account withdrawals.

Customer Support

Customer support is based in London, U.K., offering 24-hour support while markets are open from Monday morning in New Zealand to Friday evening in New York.


UBCFX has a well-rounded yet unregulated offering for traders looking to trade using spot and CFD instruments through a very wide range of assets, most notably an unusually extensive selection of individual major equities, especially in the European market. 

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In terms of features, the stand-out strengths of this broker’s offerings are:

  • An extremely wide range of instruments available for trading: all the major and minor Forex currency pairs up to a total of more than fifty pairs and crosses, as well as an extremely wide selection of individual global stocks, unmatched by almost any other retail Forex/CFD brokerage.
  • An offering of the most popular social trading platform in the industry, Sirix.
  • A free educational package.
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Sirix Web Trader

UBCFX offers the advanced web-based SIRIX trading platform. SIRIX is becoming something of an industry standard and is offered by a wide range of Forex brokers. The platform is entirely web-based, requiring no download or software installation. The platform has a built-in, sophisticated charting package including the most popular technical indicators and one-click trading.

Sirix also includes an innovative social trading element, where within the actual platform itself you can see what other traders are buying and selling, giving traders the chance to learn from other traders and share in real time as they trade.

Sirix Station

The Sirix Station trading platform is the most dynamic and popular platform throughout the financial industry. It is the downloadable program version of the web-based Sirix Web Trader.
The platform’s advanced functionality allows Zurich Prime traders to make accurate predictions and successful trades.
Downloaded in one click and fully customized, the platform allows traders to trade a variety of assets all from one single interface, and is accessible anywhere, anytime. It is user-friendly, easy to operate, includes one-click order capabilities, and has a fully integrated live social/copy trading capability.

Sirix Mobile Trader

The UBCFX mobile platform consists of the Sirix platform application that is specially designed for iOS and Android powered phones and tablets. It enables traders to manage their trading portfolio and access live rates, open and close positions, view charts, and perform many more functions, enabling trading on the go.

The Sirix Mobile Trader app includes the following features:  a full-function trade platform, real time charts, instant execution of trades, free charts, and an execution and examination of pending trade orders. 

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User Reviews

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