B

the share centre

7.4/10

umarkets

7/10
10/10RegulationTied10/10
0/10FeesTied0/10
9/10PlatformsTied9/10
4/10Education & ResearchTied4/10
10/10Deposits & WithdrawalsTied10/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

the share centre was founded in 2019 and is headquartered in Bulgaria, while umarkets was established in 2018 and is based in Bulgaria. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. the share centre serves 60,000+ clients worldwide; umarkets has 10,000+. Both brokers share the same minimum deposit of $250.

the share centre wins this category
Featurethe share centreumarkets
Min. Deposit$250$250
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-F322Financial 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-F333
Founded20192018
CountryBulgariaBulgaria
Clients60,000+10,000+

Fees

Fees are a critical factor when choosing between the share centre and umarkets, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. the share centre charges deposit fees; umarkets does not. The two brokers are broadly comparable on fee structure.

Tied
Featurethe share centreumarkets
Min. Deposit$250$250
Withdrawal FeesYesYes
Inactivity FeesYesYes
Deposit FeesYesNo
CFD FeesYesNo

Platforms

the share centre offers MT4, MT5, cTrader, while umarkets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.

Tied
Featurethe share centreumarkets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how the share centre and umarkets compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.

Tied
Featurethe share centreumarkets
Forex EducationYesYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. the share centre accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while umarkets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.

Tied
Featurethe share centreumarkets
Bank TransferYesYes
Credit CardYesYes
PayPalYesYes
SkrillYesYes
NetellerYesYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both the share centre and umarkets offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 8 languages. Both brokers are comparable on support quality.

Tied
Featurethe share centreumarkets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic