1. UFXMarkets: Introduction
  2. UFXMarkets: Account Types And Minimum Deposits
  3. UFXMarkets: Charging Structure And Customer Support
  4. UFXMarkets: Analysis Tools And Additional Features
  5. UFXMarkets: Conclusion

Unlike some other brokers, UFXMarkets doesn't charge commissions or general fees - it charges for the spread on the trades. The spread can mean three things: 1) the difference between the bid and the ask price for a currency, 2) the difference in price between two related futures contracts, and 3) transactions involving two or more option series on the same underlying currency (when dealing with options). Not every trader has access to the same spreads; different accounts allow for different spreads, as explained in the chart below.



Aside from spreads, traders may have to pay rollover fees, but it's also possible that they receive payment for these fees. To put it simply, the rollover is really the interest rate traders pay or receive on the open positions that roll over from one day to the next. The nature of this fee depends on whether the interest rate for the main currency is higher or lower than that of the secondary currency. (For related reading, see Understanding Forex Rollover Credits And Debits.)

Customer Support
When the markets are open for trading, UFXMarkets' representatives are available 24 hours a day to answer customers' questions. Through use of the contact page, customers can call the phone numbers corresponding to their country to communicate their comments or concerns.

While representatives do not make any recommendations on trades to customers, they can help users place trades on the platform, demonstrate how to open, close, or edit a position and explain how to read and analyze charts, graphs, and other tools. Customer service also offers free Forex coaching and one-on-one tutorials for those who need assistance.



UFXMarkets: Analysis Tools And Additional Features
Related Articles
  1. Trading

    Forex Broker Summary: UFXMarkets

    UFXMarkets offers trading in currency pairs, indexes, CFDs and commodities, with the goal of helping both beginning and seasoned traders to succeed in the profitable foreign exchange markets. ...
  2. Trading

    Trading Calendar Spreads In Grain Markets

    Futures investors flock to spreads because they hold true to fundamental market factors.
  3. Trading

    Understanding Forex Rollover Credits And Debits

    Forex trades are subject to receiving interest or being debited interest if positions are held overnight.
  4. Trading

    Option Spread Strategies

    Learn why option spreads offer trading opportunities with limited risk and greater versatility.
  5. Trading

    Vertical Bull and Bear Credit Spreads

    This trading strategy is an excellent limited-risk strategy that can be used with equity as well as commodity and futures options.
  6. Trading

    S&P 500 Options On Futures: Profiting From Time-Value Decay

    Writing bull put credit spreads are not only limited in risk, but can profit from a wider range of market directions.
  7. Investing

    Getting Market Leverage: CFD versus Spread Betting

    Leveraged products offer investors the opportunity to get significant market exposure with a small initial deposit. Contracts for difference and spread bets offer two ways to get more leverage.
Frequently Asked Questions
  1. What's considered to be a good debt-to-income (DTI) ratio?

    Your debt-to-income ratio helps lenders determine your credit worthiness. Find out how to calculate your score and how to ...
  2. What is the difference between a loan and a line of credit?

    Learn to differentiate between lines of credit and standard loans, and determine when you are likely to use each method of ...
  3. What does a Chief Financial Officer (CFO) do?

    A CFO is responsible for accurate reporting of a company's financial information, investing the company's money and identifying ...
  4. How did George Soros break the Bank of England?

    George Soros pocketed $1 billion by betting against the British pound, cementing his reputation as the premier currency speculator ...
Trading Center