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/10

UproFx

Estonia|5-10 years|
Suspicious Scope of Business|High potential risk|

https://uprofx.com/#

Website

Rating Index

Contact

+853 +442080897635
support@uprofx.info
https://uprofx.com/#
https://www.facebook.com/uprosocial

Licenses

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

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

Single Core

1G

40G

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Warning

SG MAS
2020-05-06

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Warning: Low score, please stay away! 2
Previous Detection : 2024-05-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

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UproFx · Company Summary

Basic Information & Regulation

Founded in 2018, UproFX is a Forex and CFD broker operating in Estonia and is a c of Yield Enterprise Currency Software. UproFX is not currently regulated in any way.

Safety Analysis of UproFX

UproFX is an unregulated broker, which means that investors' funds and trading activities on the UproFX platform are not effectively protected compared to those regulated by the FCA in the UK and CySEC in Australia. Therefore, investors should stay away from this UproFX forex broker.

Market Instruments

UproFX offers investors financial instruments in currency pairs, cryptocurrencies, commodities, precious metals, indices, and stocks.

Accounts & Leverage of UproFX

To meet the investment needs and trading experience of different investors, UproFX offers four different types of accounts: Classic (minimum deposit of 250 EUR), Silver, Gold, and Premium. The maximum leverage is 1:100 for the Classic and Silver accounts and 1:200 for the Gold and Premium accounts.

Spreads & Commissions of UproFX

The official UproFX website does not show information about spreads, but after testing demo accounts, it is clear that the fixed spread for EURUSD is 3 pips, which is far from the industry standard.

Trading Platform Available of UproFX

UproFX offers traders a fairly simple online trading platform. This trading platform lacks some of the basic features such as charting tools and market indicators, as well as automated trading moments for options top price runs, which are features that make MT4 trading platforms well known.

Deposit and Withdrawal

UproFX supports traders to withdraw and deposit funds to their accounts via VISA, MasterCard credit/debit cards, wire transfer, NETELLER, Skrill.

Pros & Cons of UproFX

The main advantages of UproFX are:

1. A wide range of trading instruments

2. Four trading accounts to choose from

3. Low minimum deposit

The main disadvantages of UproFX:

1. Not subject to any regulation

2. No MT4 trading platform available

3. Uncompetitive spreads

4. Fewer deposit & withdrawal options


Broker Information

Company Name

Yield Enterprise CurrencySoftwareOÜ

Company Abbreviation

UproFx

Regulatory Status

No Regulation

Platform registered country and region

Estonia

Company website
Phone of the company
  • +853 +442080897635

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Company address

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Linkedin

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WeChat

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Customer Service Email Address
  • support@uprofx.info

Company Summary

User Reviews

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Comments

Write a review

FX1222910301
more than one year
They refuse to let me withdraw any of my money. I've spent hours on the phone, and texting now I can't get through to them. They STOLE My MONEY. TOTAL SCAMMING THREATENING CROOCK'S. AVOID AT ALL COSTS.
2023-02-20 11:03
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