Choicetrade
Uniglobe Markets
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Overview
Choicetrade was founded in 2009 and is headquartered in United States, while Uniglobe Markets was established in 2008 and is based in Marshall Islands. Both brokers are regulated by Unregulated, among other authorities. Choicetrade serves 10,000+ clients worldwide; Uniglobe Markets has 10,000+. The minimum deposit is $250 at Choicetrade and $10 at Uniglobe Markets.
| Feature | Choicetrade | Uniglobe Markets |
|---|---|---|
| Min. Deposit | $250 | $10 |
| Regulation | Unregulated | Unregulated |
| Founded | 2009 | 2008 |
| Country | United States | Marshall Islands |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Choicetrade and Uniglobe Markets, directly affecting your bottom line as a trader. Uniglobe Markets has a lower barrier to entry with a minimum deposit of $10 (vs $250 at Choicetrade). Choicetrade charges withdrawal fees while Uniglobe Markets does not, a notable advantage for frequent withdrawers. Uniglobe Markets charges deposit fees; Choicetrade does not. Overall, Uniglobe Markets scores higher on fees in our assessment.
| Feature | Choicetrade | Uniglobe Markets |
|---|---|---|
| Min. Deposit | $250 | $10 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
Choicetrade offers MT4, MT5, cTrader, while Uniglobe Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | Choicetrade | Uniglobe Markets |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | cTrader, SocialTrading, copyTrading, webPlatform, DesktopPlatform, Proprietary . | Windows ├é┬¼├ó╦åÔÇÿ MacOS X. Multiple Terminal. Android. IOS. |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Choicetrade and Uniglobe Markets compare. The two brokers are evenly matched on educational content.
| Feature | Choicetrade | Uniglobe Markets |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Choicetrade accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Uniglobe Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Choicetrade | Uniglobe Markets |
|---|---|---|
| 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 Choicetrade and Uniglobe Markets 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 | Choicetrade | Uniglobe Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |