FXNet
Uniglobe Markets
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Overview
FXNet was founded in 2012 and is headquartered in Cyprus, while Uniglobe Markets was established in 2008 and is based in Marshall Islands. FXNet holds licences including Financial Conduct Authority (FCA), while Uniglobe Markets is regulated by Unregulated among others. FXNet serves 10,000+ clients worldwide; Uniglobe Markets has 10,000+. The minimum deposit is $50 at FXNet and $10 at Uniglobe Markets.
| Feature | FXNet | Uniglobe Markets |
|---|---|---|
| Min. Deposit | $50 | $10 |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Unregulated |
| Founded | 2012 | 2008 |
| Country | Cyprus | Marshall Islands |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between FXNet 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 $50 at FXNet). Neither broker charges withdrawal fees. Uniglobe Markets charges deposit fees; FXNet does not. The two brokers are broadly comparable on fee structure.
| Feature | FXNet | Uniglobe Markets |
|---|---|---|
| Min. Deposit | $50 | $10 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
FXNet offers MT4, MT5, cTrader, while Uniglobe Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. FXNet supports social and copy trading features, which Uniglobe Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | FXNet | 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, Web Trader, 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 FXNet and Uniglobe Markets compare. FXNet runs regular live webinars; Uniglobe Markets does not. FXNet has a video library; Uniglobe Markets does not. FXNet publishes daily market commentary; Uniglobe Markets does not. FXNet integrates third-party research tools (Trading Central, Autochartist); Uniglobe Markets does not. FXNet maintains an archive of past webinars for on-demand viewing. FXNet scores higher overall in education and research.
| Feature | FXNet | 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. FXNet accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Uniglobe Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | FXNet | Uniglobe Markets |
|---|---|---|
| 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 FXNet and Uniglobe Markets 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 | FXNet | Uniglobe Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |