UproFX review

January 8, 2019

Choosing a good Forex broker is probably one of the most taxing activities for the mind. The number of details that you need to look into is just overwhelming. Therefore in order to help you avoid this type of unpleasant experience, we have compiled the most important features in our UproFX review. Here you will not only find out about the broker itself but also how to rate and review everyone else.

UproFX review

UproFX Review

Safe choice!


UproFX is a Forex broker based in Estonia. It is relatively new to the finance scene, but it came in with a bang. The Forex broker currently features some of the best services to be found all over the EU. Especially their leverage, spreads and the minimum deposit is the ones most deserving of attention. Despite the ESMA regulations, the firm is able to offer its users a hefty 1:100 leverage, alongside floating spreads and a minimum of EUR 250 as deposits. Let’s dive deep into their offers and see what they have.

can UproFX be trusted

UproFX Leverage & Spreads

Like any other review you may find, the most important thing to look into is the leverage. By seeing the features they offer we can deduce whether or not the UproFX scam is a possibility. Seeing that the company has a high, but still restricted leverage of 1:100 is already a great sign. However, many are baffled at how they managed to do it as the ESMA regulations are clearly restricting it, and Estonia is definitely in the EU. But no matter the restrictions, the company offers you 1:100 on currency pairs, as well as a possibility to increase it to 1:500 on more expensive accounts.

In terms of spreads, it could be a bit confusing at the start. 3 out of the 4 available accounts have a floating spread type, meaning that the spread changes according to the market swings. For the most expensive account, you will have the luxury of having a fixed spread, which can be quite minimal. UproFX Forex broker is one of the first firms we’ve seen offer this type of service, and hopefully, they are not the last.

How much info is there?

When we are judging a Forex broker we always try to rate their website as well. The main aspects are the way they disclose information. Is it hard to access info on their website? Or is it one click away? So, how well does UproFX do it? Is UproFX a scam?

No, judging solely from the website we can easily say that UproFX has nothing to do with a scam. The transparency displayed here is one of the best we’ve seen. Every bit of information about the company is just 1 click away from the homepage and they hide absolutely nothing.

The KYC documentations attracted our attention the most. Most brokers don’t disclose it completely, they just say they have it. With UproFX you can read through the documents unhindered. In addition, this UproFX review helped us to see that the company has one of the most streamlined registering experiences. In this case streamlining is the best strategy as it takes away the tediousness of making an account. All you will need to do is provide your residence info and phone number, that’s it.

UproFX Forex broker

UproFX Withdrawals

In terms of withdrawals, we couldn’t find anything too special about the broker. The services connected to UproFX withdrawals are pretty much the industry standard, nothing extraordinary. The deposits and withdrawals happen either through the Wire transfer, Credit/Debit card systems or Skrill. The only difference is that if you use Wire transfer then your minimum deposit and withdrawal will increase to EUR 500. What’s good news, however, is the fact that there are no fees connected whatsoever.

Trading Software

Estonia is a very tech-driven country. They’re especially well known for digitalizing most of their features. Therefore it wasn’t too much of a surprise when we found out that UproFX Forex broker featured only WebTrader as their flagship trading software. Although the platform is very streamlined and easy to learn, a little bit more diversity in this field would have been amazing. However, the software available now is still viable, as its easy to learn for beginners and easy to adapt for veterans.

Is UproFX a scam?

Although we have counted down so many of the broker’s features there is always this question looming on our shoulders. Can UproFX be trusted? No matter how good the reviewing experience is you must always keep this question close to heart as it is the ultimate one you’re trying to answer.

Our review showed for us that yes, UproFX can be trusted, and in fact, they have one of the best features for a broker that we know of. Therefore if you are interested in high leverage while still remaining within the boundaries of the EU, UproFX is a perfect choice.

UproFX review Overall rating: 5 out of 5 based on 2 reviews.

I trust them!

5 5 1
There are a lot of scams these days, but UproFX is definitely not one of them. I've been trading with them for a half a year already and everything is ok!

Decent one

5 5 1
This is a decent broker with very friendly support.
Review Title
Review Content
  • Manuel

    This is another Broker you should avoid the FCA and ASIC put them on the blacklist they are operating the classic investment scam scheme where the client always needs to add up more money but never be able to withdraw

    UProFX ist betrug sie haben keine Lizenz oder Regulierung es ist kompletter Betrug !

    • Tony Russell

      Agreed. See my review above

  • William

    A few days ago I received a call from Upro fx from a Account manager called Greg Miller he claimed that he is now in charge for the clients from kaya fx( I lost 2500 there ) he apologized what happened there with my account but the manager from kaya was arrested last month and they are investigating and if this is true court I would revive my money back from kaya .
    Now he is working with UProFX and would ensure that this time everything would be fine, he claimed that he could make me profit easily so I would have the money back that I lost earlier in a week, but on UProFX the minimum investment that he can work as my account manager are 5000€ I told him that I don’t have that money right now but he told me instead I should take up a loan within in a few weeks I could double the money.what is not possible in this way he told me I researched online and on Facebook and there are way to many bad reviews for a new broker plus the FCA warning also my account manager sounded like the one from the KAYA FX Phillip Schmidt videos on youtube

    After my bad experience with KAYA I researched a bit about UProFX and they have already bad reviews and an FCA warning and then I found the videos about kaya on youtube the broker who called me sounded exactly like the one from the Phillip Schmid video so for me it was clear this is just another Scam broker!

  • Lasse

    Full Scam , it´s what UproFx is!

  • P Ward

    I have been waiting 6 weeks for my transfer of money – they are now refusing to answer my emails.

  • angelwilk14@gmail.com

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