Upforex review - Is scam or good forex broker, upforex.

Upforex


They have to file regular reports, allowing external audits, to maintain a certain minimum capital adequacy ratio, to keep all clients money in a segregated, protected form creditors account and in certain cases even to insure traders cash.

No deposit forex bonuses


Upforex review - Is scam or good forex broker, upforex.


Upforex review - Is scam or good forex broker, upforex.


Upforex review - Is scam or good forex broker, upforex.

Upforex is a forex and CFD broker, offering a variety of currency pairs and other cfds with a choice of several account types on a web based trading platform. The broker claims to be based in the UK and to be regulated in australia, but we find that information doubtful, so if you are considering opening an account with them be sure to read this review first.


Upforex review - is upforex.Com scam or good forex broker?



Upforex is a forex and CFD broker, offering a variety of currency pairs and other cfds with a choice of several account types on a web based trading platform. The broker claims to be based in the UK and to be regulated in australia, but we find that information doubtful, so if you are considering opening an account with them be sure to read this review first.


Account type min. Deposit max. Leverage spread s
standard account n/a 1:100 1 pip
pro account n/a 1:100 n/a
VIP account n/a 1:100 n/a



Upforex advantages:


Over 30 currency pairs


Upforex offers its clients over 30 forex pairs, with a number of exotic currencies, including singapore dollar, danish krone, mexican peso, norwegian krone and swedish krona.


The broker also says to be offering cfds on indices, commodities, global equities and crypto currencies, but when we opened a demo account, on their trading platform we found only forex pairs, and cfds on equities, indices and precious metals, including gold, silver and palladium. There were no crypto cfds, so here you may check our list of brokers, offering bitcoin cfds:


Upforex says to be based in the UK and regulated by the australian securities and investments commission (ASIC). However, our research shows that both claim are false. The company behind the broker - capital trade LTD is based in st. Vincent and the grenadines and our check with the ASIC register shows that no company with that name or upforex is registered there.


As far as the st. Vincent and the grenadines are concerned, this is an offshore territory, where the local authorities do not regulated forex and CFD brokers. So even if the company behind upforex is registered on the islands, they are not regulated and basically do not have a license to provide financial services in europe, the US, australia or japan.


Besides, our investigation also revealed that all credit card transactions with upforex are processed by another company - vectra solutions EOOD, which is based in bulgaria.


We should also note that if you choose to trade with an unregulated broker, the security of your investment will depend solely on the integrity of the people behind the broker.


Have in mind that brokers, regulated by one of the respected financial institutions in the industry, such as the cyprus securities and exchange commission (cysec), the financial conduct authority (FCA) in the UK or ASIC in australia are required to abide by a strict code of conduct.


They have to file regular reports, allowing external audits, to maintain a certain minimum capital adequacy ratio, to keep all clients money in a segregated, protected form creditors account and in certain cases even to insure traders cash.


Traders with FCA regulated brokers for example are entitled to a compensation of up to 50 000 GBP in case their broker turns out to be insolvent. Similarly traders with cysec brokers can receive back up to 20 000 EUR of their capital. Besides, here you may check our list of FCA regulated brokers as well:


Upforex is an unregulated, offshore broker whit very limited credibility. As we already discussed trading with unregulated brokers is associated with a significant risk of loosing your money to scammers.



Upforex – $100 welcome bonus


Upforex


Promotion name: welcome bonus


How to get:
1. Open standard account.


Withdrawal requirements:
you can withdraw profits up to $100 when your trading volume is at least 10,000,000 USD (100 lots).


More information:
the bonus is available to new clients only.


Information about the broker:
upforex is a broker operated by the capital trade LTD a company from st. Vincent & the grenadines.


Promotion valid: until cancellation.


Do you recommend this bonus?


What’s new?


Forex4you – trading hero contest


Justforex – 2021 trading contest


Promax – 10% deposit bonus


Hotforex – 100% supercharged bonus


Seven capitals – real $100 account


15 COMMENTS


100 lots for $100 sounds ridiculous but better give it a try and see if withdraw may be ridiculous as well.


I wishing too trade up forex with bouns


This is real shit, do you even know what 100 lots is?


100 lots. Ha ha . Ha ha . Ha ha . Ha ha . Ha ha . Ha ha 100 lot haaaaaaaaaaaaaaahaaaaaaaaaaaaaa 10 lot hahahahahahahahahaaaaaaaaaaaaaaaaaaaaaa


At the time of registration always show network issue


Can i start with the bunos.


100 LOTS FOR 1OO $ [moderated] YOUR LIVE


Please give me your referred number


Either u rtrying to insult my ability to think or u r trying to humiliate urself by claiming u r the brightest in this forex realm cos no one ever gonna profit from my brokering! (LMAO)


Profits up to $100 – 100 lots. Ha ha


O comon do you think why fbs and xm brokers going to the moon bcz of no deposit bonus best no deposit bonuses from these intelligent brokers you are really a newbei you want 100 lots are you kidding to your clients its really funny you starts this promotion to publicity but you never ever gain success from these type of bullshits you never attracts clients you know why i starts trading bcz of fbs no deposit bonus this promotion attracts me thats why i deposited and starts trading with fbs you think you atarts promotion but in my opinion this is demotion who gives you idea of this bullshit


LEAVE A REPLY cancel reply


Risk warning:
investors should be aware of the serious risks of investing in the forex market, binary options and other financial instruments. Trading on the forex and cfds using the leverage mechanism carries a high level of risk and may not be suitable for all investors.


Disclaimer:
all content on the brokersofforex.Com is provided for informational purposes only and shall not in any way be regarded as financial advice. Brokersofforex.Com and persons associated with brokersofforex.Com disclaim liability for any loss resulting from the use of information contained on this website. The published comments are private opinions of the users. Brokersofforex.Com is not responsible for their content. Used names and trademarks belong to their respective owners and are used for informational purposes only.



From may 25, 2018, the general data protection regulation (GDPR), applies to all personal data processing of individuals from the european union.
We comply with this regulation and we would like to inform you about the rules of processing your personal data.


We would also like to inform you that this site uses cookies to provide better services.
Please be advised that by continuing to use this site, without changing your browser settings, you agree to the saving of cookies.


Privacy overview


Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.


Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.



Upforex


Deposit bonus – A bonus on funding a live account. The bonus credited on percentage of the deposit amount.


No deposit bonus – free bonus on account registration for the new clients to trade live without any risk.


Tradable bonus: A deposit bonus that can be lost and traded as the part of your trading equity.


Volume bonus – most common type of deposit bonus, it allows you to increase your trading volume. Often the bonus can be cashed on trading lot requirement.


Forex gift – A gift for the clients for completing certain requirements, everything from bonus to latest gadget


Freebies – free stuff by forex brokers like ebook, courses, trading materials etc.


Rebate – cash-back withdrawable bonus on each lot traded.


Demo contest – contests held on demo account, win cash/tradable money with no-risk involve!


Live contest – contest held on live account, deposit requires. Win bigger cash/prizes.


Refer – a-friend– refer your friend to your broker, when your friend deposit you will get a special bonus


Free signals – get free trading signals from the broker.


Free VPS – get access to an optimized forex virtual private server for free on maintaining a certain amount of trading balance.


Binary options – binary bets trading on forex instruments


Forum posting: get a small trading bonus for each of your post in forms.


3 affiliate IB: receive a commission from your fellow traders, specially design for the marketers.


Draw bonus: the winners chosen by a draw


Seminars webinars: find the schedule to participate in the online/offline events.


Expos events: inviting to attend the forex events & expos globally.



Upforex review – is it a scam or legit broker (2021)


In this upforex review, we are going to take a look at the offer that this broker prepared for its traders. Upforex operates on the financial market since 1995. When it comes to trading platforms, the broker features . The upforex minimum deposit is 5 USD.


Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you can afford to take the high risk of losing your money.


Basic information from this upforex review


website address:upforex.Com
operated by: capital trade LTD
licensed and authorised by regulatory bodies:SVG
supported languages:english
customer support available via:E-mail, live-chat
contact details:[email protected] N/A
available deposit methods:debit and credit cards, bank wire, bitcoin
available withdrawal methods:debit and credit cards, bank wire, bitcoin
minimum deposit:5 USD
min. Trade in lots:0.01
spreads:minimal spread on the currency pair EUR/USD - 0,0 pips * on standard account type
tradable assets:

The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with.


For instance, in the european union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in australia and possibly in other jurisdictions.


Upforex fees (minimal spreads)


We have scanned fees (minimal spreads) that upforex charges when trading popular currency pairs, here is their breakdown in pips.


*minimal spreads were recorded on 17.09.2020 at 10:01 for the standard account. Upforex spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.


Random reviews of competing FX & CFD brokers: ice-FX, cryptofg, FXGM and finrally


Frequently asked questions


�� is upforex a scam?


In accordance with our research, upforex is a broker licensed and regulated by the SVG. While it is a good thing that the broker is regulated, the SVG regulatory agency is in comparison to 1st tier regulatory bodies like the cysec one of the weaker regulatory authorities when it comes to investor protection. In order to be sure that upforex is not a scam, read our trader reviews and check other popular trading related websites and forums.


�� what is the upforex minimum deposit?


In order to start trading with upforex, you have to deposit at least 5 USD (trading accounts can also be held in USD, EUR, GBP).


�� what deposit and withdrawal methods upforex supports?


⚖️ would you recommend me choosing upforex?


We don’t have our own personal experience with upforex. However, the broker is regulated by the SVG which does not provide as strong protection to traders as 1st tier regulatory bodies (like the british financial conduct authority). Considering that there are hundreds of brokers with stronger regulation and quite highly possibly with better trading conditions too, it makes little to no sense to trade with upforex.


Should you be looking for a highly reliable broker featuring forex trading and cfds, you can get your hands on our marketing broker IQ option – 85% of retail CFD accounts lose money , which is a cysec regulated company that allows trading from as little as $10 and charges highly competitive fees on all assets.


Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage.


Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you can afford to take the high risk of losing your money.


¹ variable spreads, spreads recorded for the EUR/USD on 05.10.2020 at 11:42 GMT.


Tradingbeasts helps individual traders learn how to responsibly trade binary options and cfds. We actively trade, publish educational articles and news. We verify and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns. We are also a community of traders that support each other on our daily trading journey.


Disclaimer/disclosure


All information on this website represent subjective views of the authors and they are solely informational. We do not give investment advice. The operator of the website or the authors of the articles do not bear any responsibility for any decisions that visitors may make after reading articles published on the tradingbeasts website. When you trade binary options or cfds products you are exposed to a high risk of loss. We review and rate companies offering trading platforms for binary options and cfds. We do our best to warn people about scams and promote only companies we personally consider to be very good. From some of these companies, we may receive compensation. In order for you to use this website in any manner, please read our disclaimer/disclosure page and privacy policy



Upforex review – is it a scam or legit broker (2021)


In this upforex review, we are going to take a look at the offer that this broker prepared for its traders. Upforex operates on the financial market since 1995. When it comes to trading platforms, the broker features . The upforex minimum deposit is 5 USD.


Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you can afford to take the high risk of losing your money.


Basic information from this upforex review


website address:upforex.Com
operated by: capital trade LTD
licensed and authorised by regulatory bodies:SVG
supported languages:english
customer support available via:E-mail, live-chat
contact details:[email protected] N/A
available deposit methods:debit and credit cards, bank wire, bitcoin
available withdrawal methods:debit and credit cards, bank wire, bitcoin
minimum deposit:5 USD
min. Trade in lots:0.01
spreads:minimal spread on the currency pair EUR/USD - 0,0 pips * on standard account type
tradable assets:

The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with.


For instance, in the european union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in australia and possibly in other jurisdictions.


Upforex fees (minimal spreads)


We have scanned fees (minimal spreads) that upforex charges when trading popular currency pairs, here is their breakdown in pips.


*minimal spreads were recorded on 17.09.2020 at 10:01 for the standard account. Upforex spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.


Random reviews of competing FX & CFD brokers: ice-FX, cryptofg, FXGM and finrally


Frequently asked questions


�� is upforex a scam?


In accordance with our research, upforex is a broker licensed and regulated by the SVG. While it is a good thing that the broker is regulated, the SVG regulatory agency is in comparison to 1st tier regulatory bodies like the cysec one of the weaker regulatory authorities when it comes to investor protection. In order to be sure that upforex is not a scam, read our trader reviews and check other popular trading related websites and forums.


�� what is the upforex minimum deposit?


In order to start trading with upforex, you have to deposit at least 5 USD (trading accounts can also be held in USD, EUR, GBP).


�� what deposit and withdrawal methods upforex supports?


⚖️ would you recommend me choosing upforex?


We don’t have our own personal experience with upforex. However, the broker is regulated by the SVG which does not provide as strong protection to traders as 1st tier regulatory bodies (like the british financial conduct authority). Considering that there are hundreds of brokers with stronger regulation and quite highly possibly with better trading conditions too, it makes little to no sense to trade with upforex.


Should you be looking for a highly reliable broker featuring forex trading and cfds, you can get your hands on our marketing broker IQ option – 85% of retail CFD accounts lose money , which is a cysec regulated company that allows trading from as little as $10 and charges highly competitive fees on all assets.


Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage.


Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you can afford to take the high risk of losing your money.


¹ variable spreads, spreads recorded for the EUR/USD on 05.10.2020 at 11:42 GMT.


Tradingbeasts helps individual traders learn how to responsibly trade binary options and cfds. We actively trade, publish educational articles and news. We verify and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns. We are also a community of traders that support each other on our daily trading journey.


Disclaimer/disclosure


All information on this website represent subjective views of the authors and they are solely informational. We do not give investment advice. The operator of the website or the authors of the articles do not bear any responsibility for any decisions that visitors may make after reading articles published on the tradingbeasts website. When you trade binary options or cfds products you are exposed to a high risk of loss. We review and rate companies offering trading platforms for binary options and cfds. We do our best to warn people about scams and promote only companies we personally consider to be very good. From some of these companies, we may receive compensation. In order for you to use this website in any manner, please read our disclaimer/disclosure page and privacy policy



Upforex no deposit bonus – 100$ FREE


upforex no deposit bonus


Hold tight and jump-start your whole forex career with this upforex no deposit bonus of 100$. This bonus might be the best opportunity you’ve ever had. So embrace it and make you forex career successful. At the time of writing still, there are no expiry dates for the bonus. But this may expire sometimes. So apply now to experience live forex trading as well as how well the upforex broker is without any risk at all.


Applicable for

How to apply


  • Apply for a new account from the below link and register

  • Verify your identity

  • Request for the 100$ no deposit bonus


Withdraw bonus


  • You can withdraw the profits you make after completing 100 lots

  • Maximum withdrawal is 100$


Terms and conditions



  • The bonus is only usable on the metatrader 4 platform.

  • To withdraw, you must complete trading 100 lots.

  • Maximum profit made with the bonus account is $100

  • You will lose the bonus if you request a withdrawal.

  • Each client/computer/IP can open only one “trade 100” account.

  • Upforex reserves the right to refuse a client in bonus granting with no reasons given or without prior notification

  • The company reserves the right to change the terms and conditions of the promotion.

  • The company is not liable for technical disruptions.


As you can see to withdraw you need to trade 100 lots. You might wonder who trades that much for a bonus of 100$. But if you are a newbie trader, this may be the perfect opportunity to get more experience in forex trading. In the end, you’ll end up having both the expertise and the profit if you are successful. For more info about the terms and conditions, you can head over to the bonus page of upforex. So if you received this upforex no deposit bonus of 100$, please consider sharing the post and commenting in the comment section. In the meantime check out our expert forex broker reviews



Upforex


Вы можете попробовать работу всех сервисов компании superforex, открыв полноценно функционирующий демо-счет. Этот тип счета отлично подходит, чтобы попробовать на практике существующие торговые стратегии и создать свою. Однако вы не сможете получить реальную прибыль с демо-счетом. Когда вы будете готовы торговать реальными деньгами, вы сможете открыть реальный счет.


Компания superforex - это международный биржевой брокер, лицензированный комиссией по международным финансовым услугам (IFSC). Мы предоставляем финансовые и инвестиционные услуги высшего качества частным и корпоративным клиентам, обеспечивая доступ к более 100 рынкам европы, азии и ближнего востока. Мы предлагаем клиентам большой выбор финансовых инструментов для алгоритмической или самостоятельной торговли, управления капиталом и инвестициями. Наша высокообразованная и опытная команда профессионалов, преданных своему делу, занимается постоянным усовершенствованием и развитием услуг компании superforex.


Профессиональные услуги, инновации в технологиях, открытость и лояльность - это лишь некоторые из причин выбора наших клиентов. Наша страсть и преданность своему делу и индустрии, то что отличает нас от наших конкурентов. В компании superforex мы стремимся к разработке и реализации первоклассных технологий для обеспечения высокого уровня услуг, который способен удовлетворить даже самых требовательных клиентов. Мы осознаем важность ведения бизнеса в безопасной и стабильной среде, поэтому вся наша деятельность основана на прозрачности и честности. Мы предоставляем нашим клиентам большой выбор финансовых услуг и инвестиционных продуктов для успешной торговли и предлагаем различные ее варианты, для удовлетворения потребностей как частных, так и корпоративных клиентов.


Мы, в компании superforex, знаем ценность денег; мы знаем также, как важны они для трейдеров. Поэтому мы разработали систему безопасности, благодаря которой у клиентов есть уверенность в том, что их депозиты будут доступны только им. Клиенты могут выбрать среди большого количества безопасных платежных систем, наиболее удобную для себя. Наш сайт использует SSL сертификат, который обеспечивает сохранность ваших данных. Ваши деньги защищены благодаря нашей политике сегрегированных счетов. Кроме того, мы предлагаем программу страхования депозита, которая позволяет трейдерам хеджировать инвестиции от убытков.



Upforex review


Overview


Table of contents


Website


Company


Address


Phone


Email


Regulation


Warning


Rating


Upforex details


Upforex is an online trading broker owned by capital trade LTD and located at suite 305, griffith corporate centre kingstown st. Vincent & the grenadines.


They can be contacted by phone number at +7844562970 or by email at [email protected].


Their website can be found at : upforex.Com


Traders opinion


To avoid being scammed by a con artist’s scheme, it is recommended to first take a look at what other people are saying about the company you want to invest in.


After doing some research on social medias (facebook, twitter, instagram…) and trading forums, we found out that some users are unhappy about their experience with upforex and wrote mixed reviews about it.
It seems like upforex is not a reliable broker and you should take that into consideration before investing.


If you don’t want to be the next victim of a fraudulent broker operating with a fake company, always do your own research first.


Is upforex legit or a scam?


This is the most important thing you need to know about a broker before using it. Is upforex regulated ? Is it an offshore company ?


Most brokers are unregulated or regulated by an offshore regulation authority which won’t help you in case of problem. Keep in mind that if a broker steal your funds, you won’t be able to complain about it unless they are licensed by a serious regulator such as:



  • The cyprus securities and exchange commission (cysec)

  • The financial conduct authority (FCA)

  • The australian securities and investments commission (ASIC)



An unregulated broker is clearly not authorized to operate in any regulated country and you should definitely not put any money into it.


You should definitely avoid any unregulated or offshore trading compagnies!


How online trading scams work


The common used strategy by fraudsters is to first display some winning trades on your account to give you the impression that you are quickly and effortlessly making money. This allow them to gain some trust and confidence from you.


Their next step is usually asking you to invest more money or get some friends and family to invest in order to get the maximum funds they can from you.


When they feel that you are not able to invest any more money into the scam, they will simply suspend your account and you probably won’t hear from them any longer.


Many scam firms fraudulently claim to be based in a regulated juridiction using fake addresses and regulation licences in order to look truthfull in the eyes of future clients.



Upforex


Screenshots for iphone


UpForex


UpForex


UpForex


UpForex


UpForex


Get to know about forex trading and learn how to trade with upforex , with upforex you can always win in forex trading


Create a demo account to trade and lean forex trading with upforex. All the accounts traded does not involve any real money so you don't have the fear of loosing any money


Get real time price quotes of your favorite financial instruments and assets. Forex rates for thousands currencies like EURUSD, USDJPY.


PLATFORM FEATURES
■ fast switch between financial instruments on charts
■ trade levels visualizing the prices of pending order, as well as SL and TP values on the chart
■ interactive real-time charts with zoom and scroll options
■ most popular technical indicators
■ 9 timeframes: M1, M5, M15, M30, H1, H4, D1, W1 and MN


Note : all accounts created in this app and traded are for learning purpose only and no real money involved





so, let's see, what we have: upforex review – do not open a forex trading account with upforex before reading this review! At upforex

Contents of the article




Comments

Popular posts from this blog