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Forex Broker Rating

UFT Group

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UFT Group

Information about the broker UFT Group

Rating: 0
Jurisdiction:
Regulators:
Foundation date: 2008

Brief informationUFT Group

Forex broker UFT Group began its brokerage activity in 2008. The company is registered as Tech Marketing. The broker indicated the following registration address on the site: Victory House, 205, Archbishop Makarios Avenue, Limassol 3030, Cyprus. UFT Group does not have a license.

UFT Group trading instruments

Simple and exotic currency pairs, cryptocurrencies (from bitcoin to E-coin) are available for trading. The broker offers stock trading and assures that it trades on all the world's leading exchanges. All relevant indices from Dow to Nikkei are available. As for goods you can trade in oil, cocoa beans, gold and other precious metals.

UFT Group terms and acoounts

The broker has five trading accounts, the site has a description of the conditions for each:

  • «Standard»;
  • «Silver»;
  • «Gold»;
  • «Premium»;
  • «VIP». 

Also, the broker has an Islamic account, but there is no training account. You can choose your favorite one after registration in the tab "UFT Group Personal Account".

Trading platforms

UFT Group has a trading terminal that does not require downloading. Also on the website customers will find the MT4 platform and a mobile application for trading from a smartphone. Broker provides links for downloading platforms.

Replenishment and withdrawal of funds

The issue of depositing and withdrawing money is reflected in the document “Deposit and Withdrawal of Funds”. You can replenish your account with a card, electronic payment or bank transfer. You can deposit money in any currency, but they will come to your account in dollars. Conversion is done automatically.

When replenishing with the help of a credit card, no commission is charged, the money will be on your account in two minutes at the latest. For replenishment of a deposit with WebMoney you will have to pay a commission in the amount of 0.8% of the amount. The term of incoming is the same. Commission for replenishing an account with Yandex. Money - is 0.5%. The term of incoming is similar. Bank transfer replenishment is available without commission. Money will be in the needed place within 2-3 business days.

You can withdraw money from the account using any of the above methods. The broker has no limits on the amount. Commission is charged only for withdrawals by bank transfer. For the withdrawal of more than $ 1,000 it will be required to do the verification of documents. An application for withdrawal of funds is considered within 3 to 10 days.

Special offers from UFT Group

The broker invites his clients to participate in the promotions, but there is no description of the promotions on the site, it is indicated that they will be available in the personal account of UFT Group. The broker gives bonuses to traders. To get acquainted with the company’s policy in this direction, you need to read the documents in the “Bonus Acceptance” section.

Training of traders

The company offers customers free training in trading. The section "Education Center" stores webinars, there is a glossary. Skype training is also available.

Technical support

UFT Group provides customers with support. You can get advice or help at the number indicated on the website or by writing to the email address.

Conclusion

Before you register on the UFT Group website and replenish the deposit, read the documents that the broker kindly posted in the public domain. Take time to avoid losing your money later.

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