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Direct FX logo

Direct FX

6.9/10

Uniglobe Markets

5.6/10
3/10RegulationTied3/10
10/10FeesTied10/10
9/10PlatformsTied9/10
6/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Direct FX was founded in 2006 and is headquartered in New Zealand, while Uniglobe Markets was established in 2008 and is based in Marshall Islands. Both brokers are regulated by Unregulated, among other authorities. Direct FX serves 10,000+ clients worldwide; Uniglobe Markets has 10,000+. The minimum deposit is $1 at Direct FX and $10 at Uniglobe Markets.

Direct FX wins this category
FeatureDirect FXUniglobe Markets
Min. Deposit$1$10
RegulationUnregulatedUnregulated
Founded20062008
CountryNew ZealandMarshall Islands
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Direct FX and Uniglobe Markets, directly affecting your bottom line as a trader. Direct FX has a lower barrier to entry with a minimum deposit of $1 (vs $10 at Uniglobe Markets). Neither broker charges withdrawal fees. Direct FX charges deposit fees; Uniglobe Markets does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureDirect FXUniglobe Markets
Min. Deposit$1$10
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesYes
CFD FeesYesYes

Platforms

Direct FX offers MT4, MT5, cTrader, while Uniglobe Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Direct FX supports social and copy trading features, which Uniglobe Markets does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureDirect FXUniglobe Markets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsNot availableWindows ├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 Direct FX and Uniglobe Markets compare. Direct FX runs regular live webinars; Uniglobe Markets does not. Direct FX has a video library; Uniglobe Markets does not. Direct FX publishes daily market commentary; Uniglobe Markets does not. Direct FX integrates third-party research tools (Trading Central); Uniglobe Markets does not. Direct FX maintains an archive of past webinars for on-demand viewing. Direct FX scores higher overall in education and research.

Direct FX wins this category
FeatureDirect FXUniglobe Markets
Forex EducationNoNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Direct FX 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.

Tied
FeatureDirect FXUniglobe Markets
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Direct FX 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.

Tied
FeatureDirect FXUniglobe Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese