ETX Capital
UFX
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
ETX Capital was founded in 2002 and is headquartered in UK, while UFX was established in 2007 and is based in Republic of Vanuatu. ETX Capital holds licences including Financial Conduct Authority (FCA), while UFX is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. ETX Capital serves 10,000+ clients worldwide; UFX has 10,000+. The minimum deposit is $100 at ETX Capital and $500 at UFX.
| Feature | ETX Capital | UFX |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Regulation | Financial Conduct Authority (FCA) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2002 | 2007 |
| Country | UK | Republic of Vanuatu |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between ETX Capital and UFX, directly affecting your bottom line as a trader. ETX Capital has a lower barrier to entry with a minimum deposit of $100 (vs $500 at UFX). UFX charges withdrawal fees while ETX Capital does not, giving ETX Capital an edge for frequent withdrawers. Overall, ETX Capital scores higher on fees in our assessment.
| Feature | ETX Capital | UFX |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
ETX Capital offers MT4, MT5, cTrader, while UFX supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. UFX supports social and copy trading features, which ETX Capital does not offer. ETX Capital edges ahead on platform breadth and functionality in our scoring.
| Feature | ETX Capital | UFX |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Mac, Mirror Trader, Binary, Tablet & Mobile apps | 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 ETX Capital and UFX compare. ETX Capital runs regular live webinars; UFX does not. Both provide video tutorials. ETX Capital publishes daily market commentary; UFX does not. Both integrate third-party research tools. ETX Capital maintains an archive of past webinars for on-demand viewing. ETX Capital scores higher overall in education and research.
| Feature | ETX Capital | UFX |
|---|---|---|
| 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. ETX Capital accepts 3 of the tracked payment methods (bank transfer, credit/debit card, Neteller), while UFX supports 2 (bank transfer, credit/debit card). ETX Capital uniquely supports Neteller among the two brokers. ETX Capital scores higher on deposit and withdrawal flexibility.
| Feature | ETX Capital | UFX |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both ETX Capital and UFX offer live chat support. Both provide phone support. Email support is available at both brokers. ETX Capital supports 7 languages and UFX supports 2, giving ETX Capital broader global reach. Both brokers are comparable on support quality.
| Feature | ETX Capital | UFX |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, French, Spanish, German, Polish, Czech, Greek and Mandarin | English, and Chinese |