General Information & Regulation
Union Standard Group (USG) is an Australian investment firm that provides access to trade forex and CFDs under the brand name ‘USGFX’. The brand began operations in 2005 and is headquartered in Sydney, Australia with subsidiaries in London and Asia. Union Standard International Group Pty Ltd is regulated by the Australian Securities and Investment Commission (ASIC), with license number 302792, however, this license has been revoked. USG UK is the trading name of “Union Standard International Group Limited” which is registered in England and Wales with the reg. number 10702813, is authorized and regulated by the Financial Conduct Authority (FCA) with the license number: 798776.
Markets Instruments
Investors can trade 60 currency pairs, as well as Gold, Silver, indices, and CFDs through the USGFX market, which offers 24/7 customer service.
Minimum Deposit
USGFX offers four different types of accounts for Global investors, including the Mini Account ( minimum deposit is $100), Standard Account (minimum balance of $10,000), VIP Account ( minimum balance is $50,000), and Pro ECN Accounts (minimum balance of $50,000). USGFX UK offers the Retail Account ( with minimum deposit is £500 ) and the Professional Account (minimum deposit of £5,000).
Leverage
Trading with USGFX traders automatically access flexibility to choose leverage from 1:20 to 1:500. The Mini, Standard, and VIP accounts have flexible leverage options of 1:100, 1:200, 1:400, 1:500, respectively, while the Pro ECN account has a leverage of 1:100.
Spreads & Commissions
For Mini Accounts, the minimum spread is 2.8 pips for EURUSD and 3 pips for GBPUSD. For Standard Accounts, the minimum spread is 2.2 pips for EURUSD, 2.4 pips for GBPUSD, 5 pips for Gold and 4 pips for Silver, while for VIP and Pro ECN Accounts, the minimum spread is 1.6 pips for EURUSD, 1.3 pips for EURUSD, and 4 pips for both Gold and Silver. All spread changes are variable, and USGFX charges an additional $10 per lot in addition to the spreads for trading stock & indices.
Trading Platforms
USGFX offers traders a wide range of trading platforms, including the industry-recognized leading MT4 & MT5 trading platforms, MT4 Android Mobile, MT4 Apple Mobile, MT5 Android Mobile, MT5 Apple Mobile, and mobile apps downloading from Google Play & Apple Store. Moreover, USGFX also supports web-based trading platforms, MT4 multi-account management systems, and social trading, giving traders the flexibility to choose in light of their actual needs.
Social Trading
USGFX provides social trading solutions to clients who have no time to trade or those who simply want to copy other traders without bothering with any complex market analysis. The social trading platforms provided include Myfxbook, ZuluTrade.
Deposit and Withdrawal
USGFX offers traders a wide range of trading options, including bank wire transfers, VISA, MasterCard, Perfect Money, FasaPay, Skrill, NETELLER, UnionPay, Thai, Malaysian, Indonesian, Vietnamese transfers, cryptocurrency payments, and more. USGFX UnionPay has abolished the CUP withdrawal fee since July 20th, 2015.
Customer Support
The USGFX customer support team can be available 24/5. They can be reached on phone, email and through the instant web chat feature available on the website.
