USGFX Review


USGFX is an Australian investment firm that offers forex and CFDs trading services, providing clients with expert analysis of the markets, social trading tools, and a variety of educational resources. The broker was launched in 2005, and their headquarters is in Sydney. They offer over 60 trading instruments across different assets, such as forex, indices, energies, metals, and CFDs, via the powerful MetaTrader 4 and MetaTrader 5 trading platforms.

USGFX Review - Broker Awards
USGFX Review – Broker Awards

The broker has won numerous awards for its online trading services, including the ‘Best Forex Broker in Australia’ 2015 and the ‘Best Forex Broker in Asia’ in both 2016 and 2017.

USGFX Review Introduction

In this USGFX review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.

You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including USGFX.

USGFX Platforms & Tools

USGFX Review - MT4 Trading Platform
USGFX Review – MT4 Trading Platform

The broker provides clients with the sophisticated MT4 and MT5 trading platforms. MT4 is widely known for its speed, scalability, and capabilities. USGFX has the MT4 platform available in the following forms:

  • Desktop Application — can be downloaded and installed on Windows and Mac OS computers.
  • Multiterminal — designed for trading multiple accounts simultaneously.
  • WebTrader — accessible from the USGFX website and runs directly on web browsers across all devices.
  • Mobile apps — available on iOS and Android devices.
USGFX Review - MT5 Trading Platform
USGFX Review – MT5 Trading Platform

The MetaTrader 5 (MT5) trading platform was developed in 2010 to improve on the MT4 platform. It has all the features already existing in the MT4 but with enhanced capabilities. The USGFX MT5 is available as a WebTrader, desktop applications for Windows and Mac computers, as well as mobile apps for Android and iOS devices.

USGFX Review - MetaTrader Mobile Trading Apps
USGFX Review – MetaTrader Mobile Trading Apps

There are additional useful trading tools available to USGFX clients, such as Social Trading, Trading Central, Featured Ideas Trading System, Forex TV, Economic Calendar, and more.

USGFX Review - ZuluTrade Social Trading Platform
USGFX Review – ZuluTrade Social Trading Platform

USGFX Research & Education

USGFX provides traders with a good range of educational materials that are helpful for traders of all experience levels, and they include FX Blog, Trading Guide, Traders’ Club, Webinars, and Seminars. There is also the FAQ section, which gives instant answers to the frequently asked questions.

USGFX Review - TradersClub
USGFX Review – TradersClub

USGFX Trading Accounts

The following account types are offered by USGFX:

  • Mini Account: The minimum deposit required is $100, and the spread starts from 2.8 pips. It is designed for beginner traders.
  • Standard Account: This account type requires a minimum balance of $10,000, and the spread starts from 2.2 pips.
  • VIP Account: This is the flagship account for professionals and corporate investors. The required minimum deposit is $50,000, and the spread starts from 1.3 pips.
  • Pro-ECN Account: This Account offers ECN trading to professionals and corporate bodies. The minimum balance is $50,000. On the other hand, USGFX UK offers a retail account, which has a minimum deposit of €500 and spread from 2.8 pips, as well as a Professional Account that requires a minimum deposit of €5000 and spreads from 1.3 pips.

Demo accounts are freely available and are preloaded with $100,000 virtual funds for practice purposes.

USGFX Account Funding

USGFX accepts a variety of payment options, including bank wire transfer, Credit/Debit Cards, online banking, and online payment processors, such as FasaPay, WebMoney, Skrill, Neteller, PerfectMoney, POLi, VoguePay, and BPay. However, USGFX UK only accepts bank wire transfers and card transactions. No deposit fees are charged, whereas withdrawal charges and transaction processing time depend on the payment method used.

USGFX Customer Service

USGFX provides traders with a customer support desk, which is available 24/5 and can be reached via telephone, email, and online web chat features on the website. There is a “Want More Info?”  form on the homepage of the website; it serves as a callback form.

USGFX Regulation

Union Standard International Group Pty Ltd is regulated by the Australian Securities and Investment Commission (ASIC). The license number is 302792.

USG UK is the trading name of ‘Union Standard International Group Limited’ which is registered in England and Wales with the registration number 10702813. USG UK is authorized and regulated by the Financial Conduct Authority (FCA), with license number 798776.

USGFX Review Summary

USGFX is an established and regulated broker that offers a range of online trading products and services to its clients from all over the world. They provide clients with the renowned MT4 and MT5 trading platforms, along with Trading Central and social trading platforms, such as Zulutrade and Myfxbook.

It is worth mentioning that some of the trading products and services in this USGFX review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the USGFX broker website which you can visit by using the link below.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.














  • Market News and Technical Analysis provided by Trading Central
  • A good selection of educational materials
  • Multiple trading instruments
  • MetaTrader trading platforms