B

instaforex

6.9/10

Uniglobe Markets

5.6/10
6/10WinnerRegulation3/10
0/10FeesWinner10/10
10/10WinnerPlatforms9/10
10/10WinnerEducation & Research0/10
10/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

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Overview

instaforex was founded in 2017 and is headquartered in Russia, while Uniglobe Markets was established in 2008 and is based in Marshall Islands. instaforex holds licences including BVI FSC, while Uniglobe Markets is regulated by Unregulated among others. instaforex serves 12,000,000+ clients worldwide; Uniglobe Markets has 10,000+. The minimum deposit is $250 at instaforex and $10 at Uniglobe Markets.

instaforex wins this category
FeatureinstaforexUniglobe Markets
Min. Deposit$250$10
RegulationBVI FSC, License Number SIBA/L/14/1082. FSC Saint Vincent, Reg. Number IBC22945. Saint Vincent, IBC24321Unregulated
Founded20172008
CountryRussiaMarshall Islands
Clients12,000,000+10,000+

Fees

Fees are a critical factor when choosing between instaforex 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 instaforex). Neither broker charges withdrawal fees. instaforex applies inactivity fees on dormant accounts; Uniglobe Markets does not. Uniglobe Markets charges deposit fees; instaforex does not. Overall, Uniglobe Markets scores higher on fees in our assessment.

Uniglobe Markets wins this category
FeatureinstaforexUniglobe Markets
Min. Deposit$250$10
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

instaforex offers MT4, MT5, cTrader, a proprietary platform, while Uniglobe Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. instaforex supports social and copy trading features, which Uniglobe Markets does not offer. instaforex edges ahead on platform breadth and functionality in our scoring.

instaforex wins this category
FeatureinstaforexUniglobe Markets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsWindows ├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 instaforex and Uniglobe Markets compare. instaforex runs regular live webinars; Uniglobe Markets does not. instaforex has a video library; Uniglobe Markets does not. instaforex publishes daily market commentary; Uniglobe Markets does not. instaforex integrates third-party research tools (Trading Central, Autochartist); Uniglobe Markets does not. instaforex maintains an archive of past webinars for on-demand viewing. instaforex scores higher overall in education and research.

instaforex wins this category
FeatureinstaforexUniglobe Markets
Forex EducationYesNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. instaforex 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). instaforex uniquely supports PayPal and Skrill and Neteller among the two brokers. instaforex scores higher on deposit and withdrawal flexibility.

instaforex wins this category
FeatureinstaforexUniglobe Markets
Bank TransferYesYes
Credit CardYesYes
PayPalYesNo
SkrillYesNo
NetellerYesNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both instaforex and Uniglobe Markets offer live chat support. Both provide phone support. Email support is available at both brokers. instaforex supports 8 languages and Uniglobe Markets supports 2, giving instaforex broader global reach. Both brokers are comparable on support quality.

Tied
FeatureinstaforexUniglobe Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish, and Chinese