BrokerHiveX
United FXSuspected of fraud

United FX

1.65
Suspected of fraudAmerica
Time

1Year

Contact Information
Website
Industry Echelon

Basic Information

Company
Regulatory
Risk Monitor
Download
Documents
Country
America
Market Type
foreign exchange
Enterprise Type
Brokerage
Service
We offer trading services for a variety of financial products, including Forex, CFDs, stocks, commodities, and indices.
Support Languages
Chinese and English
Domain Registration Date
2024-09-18
Business Status
Suspected of fraud

Company IntroductionWeb Analytics

Company Introduction

United FX claims to be a global forex and CFD broker, offering trading in a variety of financial products including forex, precious metals, indices, energy, and cryptocurrencies. Its website proclaims to "provide a safe, transparent, and efficient trading experience for global investors" and emphasizes its "advanced trading technology and international team support." However, in-depth analysis and verification from multiple sources revealed serious deficiencies in United FX's corporate background and regulatory information, and its marketing claims clearly do not match its actual qualifications.

The company has not disclosed any genuine regulatory number, registration documents, or legal place of registration on its official website, and information about its team and management structure is completely blank. The website uses professional language and visual packaging to create a compliant image, but lacks any endorsement from authoritative regulatory bodies, and there are no third-party fund custody or audit reports. Overall, UnitedFX's brand positioning is closer to that of a typical unregulated offshore platform, exposing investors to extremely high risks to their funds.

🌐Global footprint and brand background

United FX officially claims to be headquartered in London, UK, with branches in Europe and Asia. However, this information cannot be verified through any business registration or regulatory databases, and its so-called "international presence" is highly likely a marketing gimmick.

Furthermore, the company has not publicly disclosed information about its parent company, capital background, or actual operating location. The office addresses displayed on its website are mostly virtual registered addresses, lacking credible support. Unlike truly regulated brokers, United FX's corporate information is almost entirely "anonymous," a common practice among unregulated offshore platforms. Its brand building relies on website packaging and advertising rather than transparent regulation and genuine operational capabilities.



💹Trading products and services

United FX claims to offer a diverse range of trading products, including forex currency pairs, indices, precious metals, crude oil, and cryptocurrency CFDs, but it discloses almost no verifiable information regarding trading details. Its website does not specify its spread ranges, commission rates, order execution methods, or liquidity sources, nor does it publish any third-party price quotes or trading reports.

Furthermore, the platform heavily promotes selling points such as "ultra-low spreads," "zero commissions," and "lightning-fast trading," but lacks any supporting technical data. User feedback indicates severe slippage, delayed quotes, and even order freezing during actual trading. These issues typically occur in virtual trading environments or high-risk platforms that manipulate prices from the back end. Overall, UnitedFX's trading transparency is extremely low, making it highly susceptible to investor losses.



💻Trading technology and platform experience

United FX claims to offer users a "global-class trading experience" by combining its self-developed platform with the industry-standard MetaTrader system. However, its trading system has not undergone any third-party certification, nor has it disclosed data hosting or server locations. Some users have reported frequent platform outages, order execution delays, and unjustified account freezes, with customer service often citing "system maintenance" or "market volatility" as excuses.

Furthermore, the trading terminal links provided on the website cannot be verified as official and secure versions, posing a potential risk of information leakage. In summary, UnitedFX's technical system lacks independent verification and transparency, and its so-called "high-performance trading platform" appears more like a marketing gimmick than a genuine product.



🛡️Regulatory compliance and fund security

Regulatory compliance is a crucial indicator of a broker's legitimacy, and United FX has virtually no credible basis in this regard. The company is not registered with any major financial regulatory body (such as the UK's FCA, Australia's ASIC, Cyprus's CySEC, or the US NFA), nor does it provide any valid regulatory number on its website.

Third-party risk monitoring platforms (including WikiFX and BrokersView) have listed UnitedFX as a high-risk, unregulated broker . Some users have complained of difficulties withdrawing funds, account freezes, and forced deposits, exhibiting characteristics highly similar to fraudulent platforms. Furthermore, the platform lacks customer fund segregation mechanisms or independent escrow accounts; if the platform encounters problems, investors face the risk of losing their funds.



⚡Transaction Terms and Experience

United FX claims to offer superior conditions such as "leverage up to 1:500," "zero-commission trading," and "ultra-fast order execution," but these claims have not been verified by any third party. While high leverage can amplify returns, it also greatly increases the risk of account liquidation, especially on unregulated platforms without fund protection.

Multiple investors have reported experiencing severe slippage, inability to close orders, and manipulation of trade results on the platform. Customer service responses were vague, and no transaction records or market execution evidence could be provided. This opaque trading environment is highly susceptible to losses and is a common practice among unregulated brokers.



🎓Customer Support and Value-Added Services

United FX's official website claims to offer 24/7 multilingual customer support and "professional market analysis services," but many users have reported that their customer service is frequently unreachable, with emails and online chats going unanswered. Even when responses are received, the content is mostly templated information and fails to resolve any actual issues.

The so-called "market research" and "education center" sections are mostly empty rhetoric, lacking substantive investment guidance. Without regulatory oversight, these "value-added services" are more like a facade to enhance brand image than a genuine investor support system.



⚠️Risk Warning and Platform Positioning

Forex and CFD trading is inherently a high-risk investment, and United FX's operation without regulation, custody of funds, and transparency further amplifies these risks. Its website heavily utilizes terms like "compliant and secure," "bank-grade encryption," and "globally trusted," but provides no supporting evidence.

Overall, UnitedFX's operational characteristics are highly consistent with typical offshore fraudulent platforms: attracting investors with high returns and low entry barriers, then controlling funds by refusing withdrawals or freezing accounts. Investors should be vigilant when dealing with such platforms and avoid investing any funds.



🔍Comprehensive Analysis and Evaluation

In summary, United FX's main problems lie in four areas: lack of regulation, fund security risks, opaque trading practices, and difficulties for clients in protecting their rights.

  • Without regulatory licenses, funds lack legal protection;

  • Withdrawal difficulties and customer service unreachable;

  • Frequent abnormal transactions, with serious issues of slippage and account freezes;

  • The platform presents itself professionally, but the content is false, posing an extremely high risk.

Overall, UnitedFX is not a compliant forex broker, but rather a typical high-risk offshore platform. For investors who value security and transparency, it is recommended to stay away from unregulated entities and choose reputable brokers regulated by authoritative bodies with a proven track record to ensure the safety of funds and protect their legal rights.

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Selected Enterprise Evaluation

5.00

Total 2 comments
****
5.00
United FX shows all the hallmarks of an unregulated offshore broker — unclear licensing, withdrawal issues, and zero transparency.

Reply

****
5.00
Despite its professional-looking site, United FX lacks real oversight or fund protection, making it a high-risk choice for investors.

Reply

~ There's nothing more ~

About United FX's questions

01

Ask:Is United FX regulated?

Answer:United FX is not registered with any major financial regulatory body (such as the UK's FCA, Australia's ASIC, the EU's CySEC, or the US's NFA), nor does it provide a valid regulatory number or audit report. Claims on its website regarding "global compliance" and "secure fund management" lack third-party verification, therefore investors cannot confirm its legitimacy or the safety of their funds.

02

Ask:Is it safe to deposit and withdraw money in UnitedFX?

Answer:Multiple users have reported serious problems during withdrawals, including delays, being asked to deposit additional funds, and even account freezes. Because the platform has not disclosed its custodian bank and the segregation mechanism for customer funds, investors may not be able to recover their funds in the event of a dispute or platform closure. It is recommended to verify the risk rating and warning records of any financial transaction through a third-party platform before making any financial transactions.

03

Ask:What are the main risks associated with United FX?

Answer:Key risks include: Unregulated operation: Funds are not protected by any laws or regulatory bodies; Lack of trading transparency: Slippage, order delays, and back-end price manipulation are common; High leverage enticement: Luring deposits with promises of "high returns" and "zero fees," but the actual risks are severely underestimated. Investors seeking a safer platform should prioritize reputable brokers regulated by the FCA, ASIC, or CFTC, which can be verified in the BrokerHiveX global broker list.