https://upfxtrade.com/
Website
Influence
C
Influence index NO.1
Licensed Entity:ULTIMATE PINNACLE CO PTY LTD
License No. 000224485
UPFXReview Summary | |
Founded | 2020 |
Registered Country/Region | United States |
Regulation | ASIC (Exceeded) |
Market Instruments | Forex, commodities, indices, cryptocurrencies, shares |
Demo Account | / |
Leverage | Up to 1:1000 |
Spread | From 0 pips |
Trading Platform | MT5 |
Social Trading | ✅ |
Min Deposit | $100 |
Customer Support | 24/7 contact form |
Email: admin@upfxtrade.com | |
Company Address: New Horizon Building, Ground Floor, 3½ Miles Philip S.W. Goldson Highway, Belize City, Belize |
Founded in 2020, UPFX is a multi-asset broker registered in the United States, offering trading in forex, commodities, indices, cryptocurrencies, and shares with leverage up to 1:1000 and spread from 0 pips via the MT5 platform. The minimum deposit requirement is $100.
Pros | Cons |
Diverse tradable assets | Exceeded ASIC License |
Multiple account types | High minimum deposit requirement |
Commission-free accounts offered | Limited contact channels |
Flexible leverage ratios | |
MT5 offered | |
Social trading | |
Popular payment options |
No, UPFX currently has no valid regulations. It only holds an exceeded Investment Advisory License from Australia Securities & Investment Commission (ASIC).
Regulated Country | Regulated Authority | Regulatory Status | Regulated Entity | License Type | License Number |
![]() | Australia Securities & Investment Commission (ASIC) | Exceeded | ULTIMATE PINNACLE CO PTY LTD | Investment Advisory License | 224485 |
Trading Asset | Available |
forex | ✔ |
commodities | ✔ |
indices | ✔ |
shares | ✔ |
cryptocurrencies | ✔ |
bonds | ❌ |
options | ❌ |
ETFs | ❌ |
Account Type | ECN | Ultimate | Pro | Golden |
MinDeposit | $5 000 | $100 | $1 000 | $100 |
Max Leverage | 1:400 | 1:500 | 1:400 | 1:1000 |
Spread | From 0 pips | From 2.0 pips | From 0.6 pips | From 2.0 pips |
Commission | $3 per side | ❌ | $4 per side | ❌ |
Trading Markets | 150+, Forex, CFDs & Crypto | 130+, Forex, CFDs & Crypto |
Trading Platform | Supported | Available Devices | Suitable for |
MT5 | ✔ | iOS, Android, Web | Experienced traders |
MT4 | ❌ | / | Beginners |
Available deposit and withdrawal methods on this platform include:
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FX3445993934
Malaysia
Please ask the police or relevant personnel to conduct an in-depth investigation! Investigate this Ultimate Pinnacle! It is a scam! How long has it been? Can you open a company but not withdraw this small amount of money? ?
Exposure
2024-06-12
FX3562293827
Malaysia
I hope this email finds you well. I am writing to report an issue I am experiencing with UPFX, and I kindly request your assistance in resolving this matter. I have been a client of UPFX for 1 year 2 months, and I am currently facing difficulties with withdrawing my funds from my account. Despite multiple attempts to initiate withdrawals, I have not been successful in accessing my funds. Here are the details of my account with UPFX: * Name on Account: Celine Ting * Account Number: 500642 * Date of Account Opening: 21.02.2023 * Amount of Funds Unable to Withdraw: $8063.78 I have diligently followed all withdrawal procedures outlined by UPFX, including submitting necessary documentation and complying with any verification requirements. However, despite my efforts, I have not received any satisfactory resolution from UPFX's customer support team. Attached to this email, please find copies of relevant correspondence with UPFX, including withdrawal requests and any responses received. I believe this issue warrants investigation, as it may indicate potential misconduct or irregularities on the part of UPFX. I appreciate your attention to this urgent issue and look forward to your prompt response. Please do not hesitate to contact me if you require any further information or clarification.
Exposure
2024-04-11
Hack2850
Thailand
There is a balance in mt5 but the balance in the system does not appear. Can't withdraw money. I contacted the management but they were silent. Whoever wants to deposit money with this broker, think carefully. You may not be able to withdraw money again. Including my friends who trade, there are about 10 people who have the same problem. (As far as I know)
Exposure
2024-02-07
FX4263769062
Malaysia
I told you that I was looking for a professional trader, but sl/tp will not set during trade. I knew that the position would be liquidated but it would not be a loss, so I put 445usd in the liquidation for him. There was no profit at all for more than two months. I'm running out of money! Don't come out and do hosting if you don't have the skills. It's really bad. It's so bad. They also promote how good their platform is on various social software. Post all kinds of good-looking records to deceive people.
Exposure
2022-08-24
Gustavo@Fring
Malaysia
UPFX tries to mislead investors into thinking it is a legitimate brokerage. Viewing its homepage, the broker claims to be a limited liability company established in Belize as an operating subsidiary within the Lepanto Group of companies (collectively "Ultimate Pinnacle") under registration number 173474 and having its registered address in Belize City, but we can't find any results in the registers of Belize's International Financial Services Commission (IFSC). Here lies a reality -- UPFX isn't regulated by Belize IFSC and therefore, none of this is true.
Exposure
2021-12-30
Albert1981
Indonesia
scammmmmmmmmmmmpenipu lieeeeer broker my account not exist no reason be aware cannt log in any reason bad broker ,bad cs service, my email no reply until now
Exposure
2021-12-01
Varry
Belarus
UPFX impresses me with their Demo Account and Trading Platforms! Their Demo Account is a great way to practice trading without risking real money, and their trading platforms are user-friendly and packed with features. UPFX is definitely a solid choice for traders of all levels
Positive
2024-07-22