EverFX
UFX
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
EverFX was founded in 2008 and is headquartered in Cayman Islands, while UFX was established in 2007 and is based in Republic of Vanuatu. EverFX holds licences including Cayman Islands Monetary Authority (CIMA), while UFX is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. EverFX serves 10,000+ clients worldwide; UFX has 10,000+. The minimum deposit is $10000 at EverFX and $500 at UFX.
| Feature | EverFX | UFX |
|---|---|---|
| Min. Deposit | $10000 | $500 |
| Regulation | Cayman Islands Monetary Authority (CIMA) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2008 | 2007 |
| Country | Cayman Islands | Republic of Vanuatu |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between EverFX and UFX, directly affecting your bottom line as a trader. EverFX has a lower barrier to entry with a minimum deposit of $10000 (vs $500 at UFX). UFX charges withdrawal fees while EverFX does not, giving EverFX an edge for frequent withdrawers. EverFX charges deposit fees; UFX does not. The two brokers are broadly comparable on fee structure.
| Feature | EverFX | UFX |
|---|---|---|
| Min. Deposit | $10000 | $500 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
EverFX offers MT4, MT5, cTrader, while UFX supports 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. EverFX edges ahead on platform breadth and functionality in our scoring.
| Feature | EverFX | 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,iOS,MacBook,iPhone | 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 EverFX and UFX compare. EverFX runs regular live webinars; UFX does not. Both provide video tutorials. EverFX publishes daily market commentary; UFX does not. Both integrate third-party research tools. EverFX maintains an archive of past webinars for on-demand viewing. EverFX scores higher overall in education and research.
| Feature | EverFX | UFX |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. EverFX accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while UFX supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | EverFX | UFX |
|---|---|---|
| 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 EverFX and UFX 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 | EverFX | UFX |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |