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Forex Broker Review – British Virgin Islands Based Forex Broker

Broker Review of forex trading broker is based in British Virgin Islands. Below is a list of the most common questions about that traders ask about this broker.


Forex Broker reviews -



Where is forex broker based

Universal-FX is based in British Virgin Islands, its address is:


Wickhams Cay I - 1110 Road Town, Tortola,

British Virgin Islands.

Is a licensed and regulated Forex broker

Details of the license, registration and regulation of this FX broker cannot be found on the broker’s website.


Universal-FX is not Regulated by any Financial Regulatory Authority


What is the execution method of

Universal-FX provides two execution methods:


Market Maker dealing desk execution of orders

ECN, Electronic Communication Network; Market Execution and Instant execution of orders.




Financial Instruments provided for trading by




What are the forex account types of

Forex broker

  • ECN Standard Account
  • ECN Ultimate forex account
  • PowerTrader forex account
  • FX Inside Pro forex account


Does have Islamic Forex Trading Accounts

Universal-FX does not provide swap free Islamic Accounts


What are the terms for demo accounts for

30 days forex demo trading accounts are provided for ECN Standard Demo Account and ECN Ultimate Demo Account for practice forex trading.


How is the withdraw and deposit process of

Bank wire and Credit card money transfer methods are provided for withdraw and deposit of funds.


Bank wire fees - $5

Credit card fees – 2.9%


What is the minimum account opening capital for



  • ECN Standard Account - $500
  • ECN Ultimate forex account - $1,000
  • PowerTrader forex account - $5,000
  • FX Inside Pro forex account - $50,000


Does give an account opening deposit bonus

Universal-FX does not give an account opening deposit bonus


What is the security and reliability of

What is the broker rating for security and reliability


Universal-FX is not Regulated by any Financial Regulatory Authority


Does accept forex scalping

Universal-FX allows scalping trading


Does give free forex education to traders

This broker does not provide a learn currency trading education for forex trading online.


What are the trading platforms of forex broker


MetaTrader4 MAM

FX Inside Professional

FX PowerTrader

iPhone Trader

Android Trader

Mobile Trader



Is a MetaTrader 4 Forex broker provides MetaTrader 4 software which is the best platform according to reviews.


The platform MetaTrader 4 can be downloaded from the brokers’ website


Does allow automated forex trading

The broker automated trading policy on automated trading is: allows Expert Advisors automated trading on their MetaTrader 4 platform.


What are broker website information sections

The website information sections are:


Forex Trading Accounts Section: where traders will find information about forex accounts such as demo practice account and live forex accounts provided by this Currency broker. Traders wanting to start trading can open an account from this section.


Contact Section: there is a section of contacts for this fx broker, where a trader can contact this forex broker.


Platforms Section: this section provides platforms where a trader can choose one for tradng.


CFD trading section: for information about CFD trading and CFD specifications.


VPS EA Hosting Section: for information about VPS hosting services provided by this forex broker.



Top 100 Broker Rankings

Up To $5K Bonus - Limited Time Bonus

Regulated Broker