UFXBank Trading Accounts and Spreads
UFXBank has a range of different trading accounts with varying benefits and spreads. With the help of a personalized
Account Service Manager, you can choose the trading account that is best for you. Sharia law accounts are also available.
The four main account types to choose from are:
- Mini trading account
- Standard trading account
- Gold trading account
- Platinum trading account
| Account Type |
Minimum First Deposit |
Minimum Deal Size |
| Mini: |
$500 |
$5,000 |
| Standard: |
$1,000 |
$5,000 |
| Gold: |
$5,000 |
$10,000 |
| Platinum: |
$10,000 |
$25,000 |
Benefits of different account types
| Standard Benefits & Services |
Mini |
Standard |
Gold |
Platinum |
| One-on-one training |
|
|
x |
x |
| Chat |
x |
x |
x |
x |
| Access all platform features* |
|
|
x |
x |
| Premium Benefits & Services |
| Daily market report emails |
x |
x |
x |
x |
| Live market alerts via SMS** |
|
|
x |
x |
| Technical analysis signals |
|
|
x |
x |
| Dealing Room Clients |
| Personal Dealer |
|
|
x |
x |
| Dealing Room chat |
|
|
x |
x |
| Dealing Room special offers |
|
|
x |
x |
| Market update calls by dealers |
|
|
x |
x |
| Custom made Technical analysis reports |
|
|
|
x |
*Key Features of the UFXBank platform
**Available upon registration to the service
Visit the Trade Tools section of the website to view these features. Some of the key features include:
- The UFXBank Trading System by ParagonEX is an online platform allowing you to trade anytime, anywhere without having to download software.
- The SMS alert service delivers vital market updates directly to your mobile.
- Credit card deposits and withdrawals make it even simpler to start trading.
- Daily and weekly Outlooks.
- Financial news, live from Reuters and other major news suppliers.
- Financial indicators.
- Customizable currency rates table and cross currency rates.
Standard spreads for different account types
Notes:
- This list shows the initial standard spreads for the following currency pairs. Tailor-made spreads to better suit your trading needs and performance, may be available to you. Ask your Account Manager or your Personal Dealer.
- Please be aware that spreads may change when the world market is not active or in extreme trading conditions. When you try to open deals during such hours, you will be shown the specific spreads for that time.
- Not all currencies and commodities (gold, silver and oil) are available for trading in all regions.
| |
Mini |
Standard |
Gold |
Platinum |
| EUR/USD |
4 |
3 |
3 |
2 |
| USD/JPY |
5 |
4 |
4 |
3 |
| GBP/USD |
5 |
5 |
4 |
3 |
| USD/CHF |
5 |
4 |
4 |
3 |
| USD/CAD |
6 |
5 |
5 |
4 |
| AUD/USD |
5 |
4 |
4 |
3 |
| NZD/USD |
7 |
6 |
5 |
5 |
| XAU/USD |
70 |
65 |
60 |
50 |
| XAG/USD |
750 |
700 |
650 |
550 |
| USD/SGD |
9 |
8 |
8 |
7 |
| EUR/GBP |
6 |
5 |
5 |
4 |
| USD/NOK |
60 |
55 |
50 |
40 |
| CAD/CHF |
15 |
13 |
12 |
10 |
| AUD/NZD |
15 |
13 |
12 |
10 |
| EUR/JPY |
5 |
4 |
4 |
3 |
| EUR/AUD |
12 |
11 |
10 |
9 |
| EUR/CAD |
13 |
12 |
11 |
10 |
| EUR/CHF |
6 |
5 |
5 |
4 |
| EUR/NOK |
60 |
55 |
50 |
40 |
| GBP/CHF |
10 |
9 |
9 |
8 |
| GBP/AUD |
25 |
22 |
20 |
15 |
| GBP/CAD |
25 |
22 |
20 |
15 |
| GBP/JPY |
10 |
9 |
8 |
7 |
| CHF/JPY |
7 |
6 |
6 |
5 |
| CAD/CHF |
15 |
13 |
12 |
10 |
| AUD/CAD |
10 |
9 |
8 |
7 |
| NZD/CAD |
15 |
13 |
12 |
10 |
| NZD/CHF |
15 |
13 |
12 |
10 |
| Risk Warning: please note that Forex trading (OTC Trading) involves substantial risk of loss, and may not be suitable for everyone.|