B

UFX

5.3/10

Uniglobe Markets

5.6/10
7/10WinnerRegulation3/10
0/10FeesWinner10/10
7/10PlatformsWinner9/10
4/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

UFX was founded in 2007 and is headquartered in Republic of Vanuatu, while Uniglobe Markets was established in 2008 and is based in Marshall Islands. UFX holds licences including Cyprus Securities and Exchange Commission (CySEC), while Uniglobe Markets is regulated by Unregulated among others. UFX serves 10,000+ clients worldwide; Uniglobe Markets has 10,000+. The minimum deposit is $500 at UFX and $10 at Uniglobe Markets.

Uniglobe Markets wins this category
FeatureUFXUniglobe Markets
Min. Deposit$500$10
RegulationCyprus Securities and Exchange Commission (CySEC)Unregulated
Founded20072008
CountryRepublic of VanuatuMarshall Islands
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between UFX 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 $500 at UFX). UFX charges withdrawal fees while Uniglobe Markets does not, a notable advantage for frequent withdrawers. Uniglobe Markets charges deposit fees; UFX does not. Overall, Uniglobe Markets scores higher on fees in our assessment.

Uniglobe Markets wins this category
FeatureUFXUniglobe Markets
Min. Deposit$500$10
Withdrawal FeesYesNo
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

UFX offers MT5, cTrader, while Uniglobe Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. UFX 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
FeatureUFXUniglobe Markets
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Web Trader, 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 UFX and Uniglobe Markets compare. UFX has a video library; Uniglobe Markets does not. UFX integrates third-party research tools (Autochartist); Uniglobe Markets does not. UFX scores higher overall in education and research.

UFX wins this category
FeatureUFXUniglobe Markets
Forex EducationYesNo
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. UFX 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.

Tied
FeatureUFXUniglobe Markets
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both UFX 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.

Tied
FeatureUFXUniglobe Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese