UFX
World Forex Review
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
UFX was founded in 2007 and is headquartered in Republic of Vanuatu, while World Forex Review was established in 2008 and is based in Vanuatu. UFX holds licences including Cyprus Securities and Exchange Commission (CySEC), while World Forex Review is regulated by Vanuatu Financial Services Commission (VFSC) among others. UFX serves 10,000+ clients worldwide; World Forex Review has 10,000+. The minimum deposit is $500 at UFX and $100 at World Forex Review.
| Feature | UFX | World Forex Review |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Vanuatu Financial Services Commission (VFSC) |
| Founded | 2007 | 2008 |
| Country | Republic of Vanuatu | Vanuatu |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between UFX and World Forex Review, directly affecting your bottom line as a trader. World Forex Review has a lower barrier to entry with a minimum deposit of $100 (vs $500 at UFX). Both brokers charge withdrawal fees. World Forex Review charges deposit fees; UFX does not. Overall, World Forex Review scores higher on fees in our assessment.
| Feature | UFX | World Forex Review |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
UFX offers MT5, cTrader, while World Forex Review supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. UFX supports social and copy trading features, which World Forex Review does not offer. World Forex Review edges ahead on platform breadth and functionality in our scoring.
| Feature | UFX | World Forex Review |
|---|---|---|
| MT4 | No | Yes |
| 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 | Android Apps,iPhone/iPad,Desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how UFX and World Forex Review compare. World Forex Review runs regular live webinars; UFX does not. Both provide video tutorials. World Forex Review publishes daily market commentary; UFX does not. Both integrate third-party research tools. World Forex Review maintains an archive of past webinars for on-demand viewing. World Forex Review scores higher overall in education and research.
| Feature | UFX | World Forex Review |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
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 World Forex Review supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | UFX | World Forex Review |
|---|---|---|
| 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 UFX and World Forex Review 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 | UFX | World Forex Review |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |