fxglobe
UFX
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
fxglobe was founded in 2012 and is headquartered in Malta, while UFX was established in 2007 and is based in Republic of Vanuatu. fxglobe holds licences including Financial Conduct Authority (FCA), while UFX is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. fxglobe serves 10,000+ clients worldwide; UFX has 10,000+. The minimum deposit is $250 at fxglobe and $500 at UFX.
| Feature | fxglobe | UFX |
|---|---|---|
| Min. Deposit | $250 | $500 |
| Regulation | 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-F243 | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2012 | 2007 |
| Country | Malta | Republic of Vanuatu |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between fxglobe and UFX, directly affecting your bottom line as a trader. fxglobe has a lower barrier to entry with a minimum deposit of $250 (vs $500 at UFX). Both brokers charge withdrawal fees. fxglobe applies inactivity fees on dormant accounts; UFX does not. The two brokers are broadly comparable on fee structure.
| Feature | fxglobe | UFX |
|---|---|---|
| Min. Deposit | $250 | $500 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
fxglobe 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 fxglobe does not offer. fxglobe edges ahead on platform breadth and functionality in our scoring.
| Feature | fxglobe | 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, Mac, ZuluTrade, Web Trader, cTrader, 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 fxglobe and UFX compare. fxglobe runs regular live webinars; UFX does not. Both provide video tutorials. fxglobe publishes daily market commentary; UFX does not. Both integrate third-party research tools. fxglobe maintains an archive of past webinars for on-demand viewing. fxglobe scores higher overall in education and research.
| Feature | fxglobe | 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. fxglobe accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while UFX supports 2 (bank transfer, credit/debit card). fxglobe uniquely supports PayPal and Skrill and Neteller among the two brokers. fxglobe scores higher on deposit and withdrawal flexibility.
| Feature | fxglobe | UFX |
|---|---|---|
| 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 fxglobe and UFX offer live chat support. Both provide phone support. Email support is available at both brokers. fxglobe supports 8 languages and UFX supports 2, giving fxglobe broader global reach. Both brokers are comparable on support quality.
| Feature | fxglobe | UFX |
|---|---|---|
| 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 |