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UniqueFX

Item: UniqueFX
Rating: 1.31

United Kingdom|2-5 years|

Suspicious Scope of Business|High potential risk|

https://www.uniquefx.co/

Website

Open Account Time Machine

Rating Index

Contact

support@uniquefx.co

https://www.uniquefx.co/

Building 1st Floor, Stewardship, 12 Steward St, London E1 6FQ, Regno Unito

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard

No restriction on the broker account. Support service provided by WikiFX

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Warning: Low score, please stay away!

Previous Detection : 2024-11-27

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Time Machine

UniqueFX · WikiFX Survey

Benchmark	--
Maximum Leverage	1:200
Minimum Deposit	$250
Minimum Spread	from 1.8
Products	--

Currency	--
Minimum Position	0.01
Supported EA
Depositing Method	--
Withdrawal Method	--
Commission	--

Benchmark	--
Maximum Leverage	1:200
Minimum Deposit	$250
Minimum Spread	from 0.0
Products	--

Currency	--
Minimum Position	0.01
Supported EA
Depositing Method	--
Withdrawal Method	--
Commission	From 5$ per lot

Platform Capital Ratio

--%

-- --

100%

--%

100%

Fundamental Item(A)
Total Supplementary Items(B)
Debt Amount(C)
Non-Fixed Capital(A)+(B)-(C)=(D)
Relative amount of risk(E)
Market Risk
Transaction Risk
Underlying Risk

Capital
$(USD)

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UniqueFX · Company Summary

Note: UniqueFX's official website: https://www.uniquefx.co/ is currently inaccessible normally.

UniqueFX Review Summary
Founded	/
Registered Country/Region	United Kingdom
Regulation	No Regulation
Market Instruments	Forex, Stocks, Indices, Commodities, Cryptocurrencies
Demo Account	❌
Leverage	Up to 1:200
Spread	From 1.8 points (Classic account)
Trading Platforms	Web-based platform
Minimum Deposit	$520
Customer Support	Contact form
	Email: support@uniquefx.co
	Address: Building 1st Floor, Stewardship, 12 Steward St, London E1 6FQ, Regno Unito

UniqueFX is an unregulated brokerage company based in the UK. It claims to offer Forex, Stocks, Indices, Commodities, and Cryptocurrencies via a web-based platform.

Pros and Cons

Pros	Cons
/	Non-functional website
	Lack of transparency
	No regulation
	No demo accounts

Is UniqueFX Legit?

At present, UniqueFX lacks valid regulation. Its domain was registered on Nov 16, 2023, and the current status is “client Transfer Prohibited”. We advise you to look for another regulated one.

What Can I Trade on UniqueFX?

UniqueFX claims to offer Forex, Commodities, Stocks, Indices, and Cryptocurrencies.

Tradable Instruments	Supported
Forex	✔
CFDs	❌
Commodities	✔
Indices	✔
Cryptocurrencies	✔
Stocks	✔
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

UniqueFX provides a Classic and an ECN account. The minimum deposit requirement of them is $250.

Leverage

The maximum leverage is 1:200. Note that high leverage can amplify both profits and losses.

UniqueFX Fees

UniqueFX offers different spreads for its ECN and Classic accounts. For ECN accounts, the spread starts from 0.0 points, while for Classic accounts, the spread starts from 1.8 points.

In addition to spreads, UniqueFX charges commissions on trades executed on ECN accounts. For ECN account holders, there is a commission of $5 per lot traded. In contrast, there are no commissions charged for trades executed on Classic accounts. The absence of commissions in Classic accounts is often offset by slightly wider spreads.

Trading Platform

UniqueFX only provides a web-based platform.

Deposit and Withdrawal

The initial deposit requirement varies depending on the chosen account type, however, it must be at least 250 GBP/USD/EUR/BTC to begin trading. All of the main credit cards (Visa, MasterCard, and Maestro), wire transfers, and Bitcoin (BTC) straight payment methods are accepted by UniqueFX as deposit methods. Requests for withdrawals are typically handled in 5 to 10 business days. Please take notice that only accounts that have successfully completed the verification process will be eligible for withdrawals.