UMOFX Review

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Company Overview

UMOFX is one of the leading consulting service providers in the forex market. Headquartered in New Zealand and authorized and regulated by the Financial Service Providers Register (FSPR), UMOFX brings a new and inventive approach to trading. Its aim is to provide reliable, specialized and accurate services to its customers by offering outstanding customer services, greater flexibility and increased value, thus enhancing the system’s functionality and optimizing efficiency.

UMOFX excels in currency trading market, future merchandise market, and forex education. The extensive knowledge base is due to the company’s expertise in the forex market, which continually grows and develops to satisfy its clients.

Trading Platform

UMOFX offers its customers the most widely used MetaTrader 4 platform. This platform provides the required tools and resources to analyze price fluctuations of financial commodities, make trade transactions, and create and use the programmed software (Expert Advisors).

The MetaTrader 4 platform has four variants: MT4 Windows, MT4 Mobile, MT4 iPhone/iPad, and MT4 Android.

The MT4 Windows version also contains MT4 MultiTerminal, which is ideally suited for traders with multiple accounts. It has all the features that the MetaTrader 4 platform has, apart from the characteristic of enabling users to work with multiple accounts at an identical server and trade on various accounts simultaneously.

Features

The most exciting feature is the MetaEditor that allows custom design of the Expert Advisor automated trading software using MQL language. Moreover, it provides backtesting functionality on historical data and automatic generation of the trading report and journal record for clients.

Also, the strategy tester feature allows the backtest simulation to test the Expert Advisor developed. The backtesting can be finished in visual mode, which models the simulation in real time.

Furthermore, the UMOFX platform consists of Margin Watcher. It is a security feature implanted in the system that prevents clients from changing their deposit to negative values in their trading accounts. When the account’s Usable Margin goes to zero, the dealing desk of forex trading will shut down the largest loss positions to secure the funds that are left in the trader’s account.

Customer Support

UMOFX lays great emphasis on customer needs and satisfaction. It provides customer support via five mediums: live chat, telephone calls, email, post and an inquiry form present on its site.

The highly professional representatives of UMOFX provide prompt technical assistance to their customers to resolve their issues as soon as possible.

Furthermore, to provide easy access to its clients, the UMOFX website is available in four different languages apart from English: Malay, Indonesian, Chinese and Vietnamese.

Conclusion

UMOFX offers the best trading services to its clients with the vision of becoming the key players in the forex market arena. With a user-friendly trading platform and a range of features and services, the purpose of UMOFX is to help clients succeed in forex trading.

Office website: https://umofx.com/

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