fxcl markets
Uniglobe Markets
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Overview
fxcl markets was founded in 2006 and is headquartered in Cayman Islands, while Uniglobe Markets was established in 2008 and is based in Marshall Islands. fxcl markets holds licences including Financial Services Authority (FSA) number 1637, while Uniglobe Markets is regulated by Unregulated among others. fxcl markets serves 10,000+ clients worldwide; Uniglobe Markets has 10,000+. The minimum deposit is $250 at fxcl markets and $10 at Uniglobe Markets.
| Feature | fxcl markets | Uniglobe Markets |
|---|---|---|
| Min. Deposit | $250 | $10 |
| Regulation | Financial Services Authority (FSA) number 1637 | Unregulated |
| Founded | 2006 | 2008 |
| Country | Cayman Islands | Marshall Islands |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between fxcl markets 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 $250 at fxcl markets). Neither broker charges withdrawal fees. Uniglobe Markets charges deposit fees; fxcl markets does not. Overall, Uniglobe Markets scores higher on fees in our assessment.
| Feature | fxcl markets | Uniglobe Markets |
|---|---|---|
| Min. Deposit | $250 | $10 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
fxcl markets offers MT4, MT5, cTrader, while Uniglobe Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. fxcl markets supports social and copy trading features, which Uniglobe Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | fxcl markets | 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 | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | 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 fxcl markets and Uniglobe Markets compare. fxcl markets runs regular live webinars; Uniglobe Markets does not. fxcl markets has a video library; Uniglobe Markets does not. fxcl markets publishes daily market commentary; Uniglobe Markets does not. fxcl markets integrates third-party research tools (Trading Central, Autochartist); Uniglobe Markets does not. fxcl markets maintains an archive of past webinars for on-demand viewing. fxcl markets scores higher overall in education and research.
| Feature | fxcl markets | Uniglobe Markets |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. fxcl markets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Uniglobe Markets supports 2 (bank transfer, credit/debit card). fxcl markets uniquely supports PayPal and Skrill and Neteller among the two brokers. fxcl markets scores higher on deposit and withdrawal flexibility.
| Feature | fxcl markets | Uniglobe Markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | 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 fxcl markets and Uniglobe Markets offer live chat support. Both provide phone support. Email support is available at both brokers. fxcl markets supports 8 languages and Uniglobe Markets supports 2, giving fxcl markets broader global reach. Both brokers are comparable on support quality.
| Feature | fxcl markets | Uniglobe Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |