Ascot Securities
UFX
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Overview
Ascot Securities was founded in 1996 and is headquartered in Estonia, while UFX was established in 2007 and is based in Republic of Vanuatu. Both brokers are regulated by Cyprus Securities and Exchange Commission (CySEC), among other authorities. Ascot Securities serves 10,000+ clients worldwide; UFX has 10,000+. The minimum deposit is $25 at Ascot Securities and $500 at UFX.
| Feature | Ascot Securities | UFX |
|---|---|---|
| Min. Deposit | $25 | $500 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 1996 | 2007 |
| Country | Estonia | Republic of Vanuatu |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ascot Securities and UFX, directly affecting your bottom line as a trader. Ascot Securities has a lower barrier to entry with a minimum deposit of $25 (vs $500 at UFX). Both brokers charge withdrawal fees. Ascot Securities applies inactivity fees on dormant accounts; UFX does not. Ascot Securities charges deposit fees; UFX does not. Overall, Ascot Securities scores higher on fees in our assessment.
| Feature | Ascot Securities | UFX |
|---|---|---|
| Min. Deposit | $25 | $500 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Ascot 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. Ascot Securities edges ahead on platform breadth and functionality in our scoring.
| Feature | Ascot 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 | Desktop,Android,iPhone/iPad,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 Ascot Securities and UFX compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | Ascot Securities | UFX |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Ascot 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 | Ascot 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 Ascot 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 | Ascot Securities | UFX |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |