Etrade
Uniglobe Markets
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Overview
Etrade was founded in 2012 and is headquartered in United States, while Uniglobe Markets was established in 2008 and is based in Marshall Islands. Etrade holds licences including Securities and Exchange Commission (SEC), while Uniglobe Markets is regulated by Unregulated among others. Etrade serves 10,000+ clients worldwide; Uniglobe Markets has 10,000+. The minimum deposit is $100 at Etrade and $10 at Uniglobe Markets.
| Feature | Etrade | Uniglobe Markets |
|---|---|---|
| Min. Deposit | $100 | $10 |
| Regulation | Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) | Unregulated |
| Founded | 2012 | 2008 |
| Country | United States | Marshall Islands |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Etrade 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 $100 at Etrade). Neither broker charges withdrawal fees. Uniglobe Markets charges deposit fees; Etrade does not. Overall, Uniglobe Markets scores higher on fees in our assessment.
| Feature | Etrade | Uniglobe Markets |
|---|---|---|
| Min. Deposit | $100 | $10 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Etrade offers MT4, MT5, cTrader, while Uniglobe Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Etrade supports social and copy trading features, which Uniglobe Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Etrade | 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, 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 Etrade and Uniglobe Markets compare. Etrade runs regular live webinars; Uniglobe Markets does not. Etrade has a video library; Uniglobe Markets does not. Etrade publishes daily market commentary; Uniglobe Markets does not. Etrade integrates third-party research tools (Trading Central); Uniglobe Markets does not. Etrade maintains an archive of past webinars for on-demand viewing. Etrade scores higher overall in education and research.
| Feature | Etrade | Uniglobe Markets |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Etrade 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 | Etrade | 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 Etrade 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 | Etrade | Uniglobe Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |