B

scotia itrade

7.7/10

Uniglobe Markets

5.6/10
10/10WinnerRegulation3/10
1/10FeesWinner10/10
7/10PlatformsWinner9/10
10/10WinnerEducation & Research0/10
10/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

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Overview

scotia itrade was founded in 2012 and is headquartered in UK, while Uniglobe Markets was established in 2008 and is based in Marshall Islands. scotia itrade holds licences including Financial Conduct Authority (FCA), while Uniglobe Markets is regulated by Unregulated among others. scotia itrade serves 10,000+ clients worldwide; Uniglobe Markets has 10,000+. The minimum deposit is $250 at scotia itrade and $10 at Uniglobe Markets.

scotia itrade wins this category
Featurescotia itradeUniglobe Markets
Min. Deposit$250$10
RegulationFinancial 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-F303Unregulated
Founded20122008
CountryUKMarshall Islands
Clients10,000+10,000+

Fees

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

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

Platforms

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

Uniglobe Markets wins this category
Featurescotia itradeUniglobe Markets
MT4NoYes
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 scotia itrade and Uniglobe Markets compare. scotia itrade runs regular live webinars; Uniglobe Markets does not. scotia itrade has a video library; Uniglobe Markets does not. scotia itrade publishes daily market commentary; Uniglobe Markets does not. scotia itrade integrates third-party research tools (Trading Central, Autochartist); Uniglobe Markets does not. scotia itrade maintains an archive of past webinars for on-demand viewing. scotia itrade scores higher overall in education and research.

scotia itrade wins this category
Featurescotia itradeUniglobe 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. scotia itrade 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). scotia itrade uniquely supports PayPal and Skrill and Neteller among the two brokers. scotia itrade scores higher on deposit and withdrawal flexibility.

scotia itrade wins this category
Featurescotia itradeUniglobe 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 scotia itrade and Uniglobe Markets offer live chat support. Both provide phone support. Email support is available at both brokers. scotia itrade supports 8 languages and Uniglobe Markets supports 2, giving scotia itrade broader global reach. Both brokers are comparable on support quality.

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