Directshares
umarkets
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Overview
Directshares was founded in 2007 and is headquartered in Australia, while umarkets was established in 2018 and is based in Bulgaria. Directshares holds licences including The Portuguese Securities Market Commission (CMVM), while umarkets is regulated by Financial Conduct Authority (FCA) among others. Directshares serves 10,000+ clients worldwide; umarkets has 10,000+. The minimum deposit is $100 at Directshares and $250 at umarkets.
| Feature | Directshares | umarkets |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | The Portuguese Securities Market Commission (CMVM) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F333 |
| Founded | 2007 | 2018 |
| Country | Australia | Bulgaria |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Directshares and umarkets, directly affecting your bottom line as a trader. Directshares has a lower barrier to entry with a minimum deposit of $100 (vs $250 at umarkets). Both brokers charge withdrawal fees. umarkets applies inactivity fees on dormant accounts; Directshares does not. Directshares charges deposit fees; umarkets does not. Overall, Directshares scores higher on fees in our assessment.
| Feature | Directshares | umarkets |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
Directshares offers MT4, MT5, cTrader, while umarkets supports MT4, 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. The two brokers are closely matched on platform offering.
| Feature | Directshares | umarkets |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4,iOS,MacBook,iPhone | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Directshares and umarkets compare. Directshares runs regular live webinars; umarkets does not. Both provide video tutorials. Directshares publishes daily market commentary; umarkets does not. Both integrate third-party research tools. Directshares maintains an archive of past webinars for on-demand viewing. Directshares scores higher overall in education and research.
| Feature | Directshares | umarkets |
|---|---|---|
| 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. Directshares accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while umarkets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). umarkets uniquely supports PayPal and Skrill and Neteller among the two brokers. umarkets scores higher on deposit and withdrawal flexibility.
| Feature | Directshares | umarkets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Directshares and umarkets offer live chat support. Both provide phone support. Email support is available at both brokers. Directshares supports 2 languages and umarkets supports 8, giving umarkets broader global reach. Both brokers are comparable on support quality.
| Feature | Directshares | umarkets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |