Global Broker Regulation Inquiry App
WikiFX
RichN 
1-2 years
Is UFX regulated?
Broker Issues
Regulation
06-18
United States
WikiFX
Reply
From my own research into UFX, I can confirm that it was once regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 127/10, but that license has been revoked. This means it currently operates without active regulatory oversight, which for me is a major red flag. Trading with an unregulated broker like UFX means there’s no investor protection from a financial authority if things go wrong.
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