About UFX - A CFD Trading Platform

UFX, established in 2011, operates as a contract for difference (CFD) provider, presenting a diverse array of trading options encompassing stocks, forex, commodities, indices, ETFs, and cryptocurrencies. Regulated by CySEC, UFX enables traders to engage in asset speculation without direct ownership.

CFDs facilitate substantial leverage utilization and short position execution, setting UFX apart. This is especially advantageous as most cryptocurrency trading services lack provision for short positions.

Accessible across multiple platforms, including MetaTrader software, MassInsights software, and proprietary web/mobile apps, UFX empowers traders with flexibility and choice.

Cryptocurrency Offering and Leverage

UFX boasts an impressive repertoire of over 20 cryptocurrency products, encompassing major cryptocurrencies. This comprehensive selection surpasses offerings from many competitors.

Leverage of 1:2 is attainable, albeit lower than select rivals which offer leverage as high as 1:30.

Commission and Overnight Fees

UFX employs a commission structure calculated per 10 traded units, varying by product. Additionally, overnight fees are likely to be levied at midnight GMT, with the specific fees showing variability.

However, locating clear fee information poses a challenge, as transparency is lacking in fee disclosure.