Evans and Partners
umarkets
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Overview
Evans and Partners was founded in 2012 and is headquartered in USA, while umarkets was established in 2018 and is based in Bulgaria. Evans and Partners holds licences including Unregulated, while umarkets is regulated by Financial Conduct Authority (FCA) among others. Evans and Partners serves 10,000+ clients worldwide; umarkets has 10,000+. The minimum deposit is $500 at Evans and Partners and $250 at umarkets.
| Feature | Evans and Partners | umarkets |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Regulation | Unregulated | 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 | 2012 | 2018 |
| Country | USA | Bulgaria |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Evans and Partners and umarkets, directly affecting your bottom line as a trader. umarkets has a lower barrier to entry with a minimum deposit of $250 (vs $500 at Evans and Partners). umarkets charges withdrawal fees while Evans and Partners does not, giving Evans and Partners an edge for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. The two brokers are broadly comparable on fee structure.
| Feature | Evans and Partners | umarkets |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Evans and Partners offers MT4, MT5, cTrader, while umarkets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. umarkets supports social and copy trading features, which Evans and Partners does not offer. The two brokers are closely matched on platform offering.
| Feature | Evans and Partners | umarkets |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4,MetaTrader 5 | 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 Evans and Partners and umarkets compare. Evans and Partners runs regular live webinars; umarkets does not. Both provide video tutorials. Evans and Partners publishes daily market commentary; umarkets does not. Both integrate third-party research tools. Evans and Partners maintains an archive of past webinars for on-demand viewing. Evans and Partners scores higher overall in education and research.
| Feature | Evans and Partners | 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. Evans and Partners 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 | Evans and Partners | 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 Evans and Partners and umarkets offer live chat support. Both provide phone support. Email support is available at both brokers. Evans and Partners supports 2 languages and umarkets supports 8, giving umarkets broader global reach. Both brokers are comparable on support quality.
| Feature | Evans and Partners | 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 |