UFX Review 2026
Full UFX review for Latvia traders — regulation, spreads, fees and our honest verdict.
Regulation in Latvia
| Regulator | CySEC CySEC — Cyprus Securities and Exchange Commission (CySEC) |
| Licence Number | 127/10 |
| Regulated Entity | Reliantco Investments Ltd |
| Max Leverage (Forex) | 1:30 |
| Minimum Deposit | $100 |
| EUR/USD Spread | From 2 pips |
| Instruments | 200+ |
| Platforms | MT4, UFX Platform |
| Copy Trading | ✗ |
| Real Stocks | ✗ |
| Inactivity fee | Inactivity fee: USD30/month after 3 months |
Verdict
Regulated by CySEC (licence 127/10). Minimum deposit $100. In Latvia: maximum forex leverage 1:30.
About UFX
UFX was founded in 2007 and is headquartered in Limassol, Cyprus. The broker offers 200 tradeable instruments including forex pairs, CFDs on stocks, indices and commodities. It is regulated across multiple jurisdictions with a primary licence held by Reliantco Investments Ltd under CySEC.
In Latvia, UFX operates as Reliantco Investments Ltd, authorised by CySEC under licence number 127/10. Latvia traders are subject to a maximum leverage of 1:30 on forex pairs under CySEC rules.
Trading Platforms
Pros
- CySEC regulated — licence 127/10
- 200+ instruments to trade
- Negative balance protection in Latvia
- Platforms: MT4, UFX Platform
Cons
- Inactivity fee: USD30/month after 3 months
- 76% of retail clients lose money
- CFD trading — you do not own the underlying asset
- No real stock ownership
Frequently Asked Questions
Is UFX regulated?
UFX holds CySEC licence 127/10, issued to the regulated entity {entity}. This is a real, verifiable licence recorded in the official CySEC public register.
What is the minimum deposit for UFX in Latvia?
The minimum deposit is $100. This is the amount required to open a live trading account for traders in Latvia under CySEC regulation.
What leverage does UFX offer in Latvia?
In Latvia, UFX offers maximum forex leverage of 1:30 under CySEC rules. Higher leverage may be available through offshore-regulated entities.
Is UFX safe to trade with?
UFX is regulated by CySEC, which requires segregated client funds, negative balance protection and independent audits. Regulation does not eliminate trading risk, but it provides meaningful investor protection.
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