Argonaut Securities
UFX
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Overview
Argonaut Securities was founded in 2009 and is headquartered in Australia, while UFX was established in 2007 and is based in Republic of Vanuatu. Argonaut Securities holds licences including Australian Securities Exchange (ASX), while UFX is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Argonaut Securities serves 10,000+ clients worldwide; UFX has 10,000+. The minimum deposit is $1 at Argonaut Securities and $500 at UFX.
| Feature | Argonaut Securities | UFX |
|---|---|---|
| Min. Deposit | $1 | $500 |
| Regulation | Australian Securities Exchange (ASX), Australian Securities and Investment Commission (ASIC), Securities and Futures Ordinance (SFO), Securities and Futures Commission (SFC) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2009 | 2007 |
| Country | Australia | Republic of Vanuatu |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Argonaut Securities and UFX, directly affecting your bottom line as a trader. Argonaut Securities has a lower barrier to entry with a minimum deposit of $1 (vs $500 at UFX). UFX charges withdrawal fees while Argonaut Securities does not, giving Argonaut Securities an edge for frequent withdrawers. Argonaut Securities charges deposit fees; UFX does not. Overall, Argonaut Securities scores higher on fees in our assessment.
| Feature | Argonaut Securities | UFX |
|---|---|---|
| Min. Deposit | $1 | $500 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
Argonaut Securities offers MT4, MT5, cTrader, while UFX supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. Argonaut Securities edges ahead on platform breadth and functionality in our scoring.
| Feature | Argonaut Securities | UFX |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Android,WEB,Desktop,iPhone,Mac | MT4, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Argonaut Securities and UFX compare. Argonaut Securities runs regular live webinars; UFX does not. Both provide video tutorials. Argonaut Securities publishes daily market commentary; UFX does not. Both integrate third-party research tools. Argonaut Securities maintains an archive of past webinars for on-demand viewing. Argonaut Securities scores higher overall in education and research.
| Feature | Argonaut Securities | UFX |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Argonaut Securities accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while UFX supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Argonaut Securities | UFX |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Argonaut Securities and UFX offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Argonaut Securities | UFX |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |