About 8UCX
Company Overview
8UCX is a broker registered in China, founded on December 3, 2019. The company focuses on futures trading and operates under the domain 8ufx.com. It has been flagged by regulatory bodies such as the NFA and ASIC as a suspicious clone, and it holds no known regulatory licences. This absence of oversight is a significant concern for traders.
Account Types and Leverage
The broker offers four account tiers: Standard, Professional, Premium, and VIP. Minimum deposit requirements range from no specified minimum for the Standard account up to 1,000,000 RMB for the VIP account. All accounts are advertised with a maximum leverage of 1000:1, which is extremely high and carries substantial risk. The company claims it does not charge spreads on futures products, instead presumably earning revenue through other means.
Trading Platforms
8UCX provides its own mobile application, the 8UCX Mobile App, for trading. No desktop or web-based platforms are mentioned. The broker offers customer support via email at cs@8UCX.c.
Regulation and Risk
8UCX is not regulated by any known financial authority. Both the NFA and ASIC have identified it as a suspicious clone, meaning it may be mimicking legitimate firms. The FXCanary Scam Risk Score is 75 out of 100, indicating a severe risk level. Traders should be extremely cautious, as unregulated brokers offer no investor protection.
Overview compiled by FXCanary from regulatory records and public data. full 8UCX review