Traders Trust
UFX
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Overview
Traders Trust was founded in 1998 and is headquartered in Cyprus, while UFX was established in 2007 and is based in Republic of Vanuatu. Traders Trust holds licences including Financial Conduct Authority (FCA), while UFX is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Traders Trust serves 10,000+ clients worldwide; UFX has 10,000+. The minimum deposit is $100 at Traders Trust and $500 at UFX.
| Feature | Traders Trust | UFX |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt f├ó╦å┼í├é┬║r Finanzdienstleistungsaufsicht (BaFin), The National Securities Market Commission (CNMV), The Commissione Nazionale per le Societ├ó╦å┼í├óÔé¼┬á e la Borsa (CONSOB), Finansinspektionen (FI), Netherlands Authority for the Financial Markets (AFM), Financial Services Authority (FSA) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 1998 | 2007 |
| Country | Cyprus | Republic of Vanuatu |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Traders Trust and UFX, directly affecting your bottom line as a trader. Traders Trust has a lower barrier to entry with a minimum deposit of $100 (vs $500 at UFX). UFX charges withdrawal fees while Traders Trust does not, giving Traders Trust an edge for frequent withdrawers. Traders Trust applies inactivity fees on dormant accounts; UFX does not. Overall, Traders Trust scores higher on fees in our assessment.
| Feature | Traders Trust | UFX |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Traders Trust offers MT4, MT5, cTrader, while UFX supports 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. Traders Trust edges ahead on platform breadth and functionality in our scoring.
| Feature | Traders Trust | 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, Web Trader, 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 Traders Trust and UFX compare. Traders Trust runs regular live webinars; UFX does not. Both provide video tutorials. Traders Trust publishes daily market commentary; UFX does not. Both integrate third-party research tools. Traders Trust maintains an archive of past webinars for on-demand viewing. Traders Trust scores higher overall in education and research.
| Feature | Traders Trust | UFX |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Traders Trust accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while UFX supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Traders Trust | UFX |
|---|---|---|
| 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 Traders Trust and UFX 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 | Traders Trust | UFX |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |