Forex.com
UFX
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Overview
Forex.com was founded in 2001 and is headquartered in United States, while UFX was established in 2007 and is based in Republic of Vanuatu. Forex.com holds licences including Financial Conduct Authority (FCA), while UFX is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Forex.com serves 150,000+ clients worldwide; UFX has 10,000+. The minimum deposit is Typical at Forex.com and $500 at UFX.
| Feature | Forex.com | UFX |
|---|---|---|
| Min. Deposit | Typical | $500 |
| Regulation | Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2001 | 2007 |
| Country | United States | Republic of Vanuatu |
| Clients | 150,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Forex.com and UFX, directly affecting your bottom line as a trader. UFX has a lower barrier to entry with a minimum deposit of $500 (vs Typical at Forex.com). Both brokers charge withdrawal fees. Forex.com applies inactivity fees on dormant accounts; UFX does not. Forex.com charges deposit fees; UFX does not. The two brokers are broadly comparable on fee structure.
| Feature | Forex.com | UFX |
|---|---|---|
| Min. Deposit | Typical | $500 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Forex.com 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. Forex.com edges ahead on platform breadth and functionality in our scoring.
| Feature | Forex.com | 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, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and 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 Forex.com and UFX compare. Forex.com runs regular live webinars; UFX does not. Both provide video tutorials. Forex.com publishes daily market commentary; UFX does not. Both integrate third-party research tools. Forex.com maintains an archive of past webinars for on-demand viewing. Forex.com scores higher overall in education and research.
| Feature | Forex.com | 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. Forex.com accepts 3 of the tracked payment methods (bank transfer, credit/debit card, PayPal), while UFX supports 2 (bank transfer, credit/debit card). Forex.com uniquely supports PayPal among the two brokers. Forex.com scores higher on deposit and withdrawal flexibility.
| Feature | Forex.com | UFX |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | 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 Forex.com and UFX offer live chat support. Both provide phone support. Email support is available at both brokers. Forex.com supports 3 languages and UFX supports 2, giving Forex.com broader global reach. Both brokers are comparable on support quality.
| Feature | Forex.com | UFX |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Chinese, Arabic | English, and Chinese |