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Uniglobe Markets

5.6/10
VPE Bank logo

VPE Bank

6.8/10
3/10RegulationWinner9/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Uniglobe Markets was founded in 2008 and is headquartered in Marshall Islands, while VPE Bank was established in 2008 and is based in Germany. Uniglobe Markets holds licences including Unregulated, while VPE Bank is regulated by The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) among others. Uniglobe Markets serves 10,000+ clients worldwide; VPE Bank has 10,000+. The minimum deposit is $10 at Uniglobe Markets and $5000 at VPE Bank.

VPE Bank wins this category
FeatureUniglobe MarketsVPE Bank
Min. Deposit$10$5000
RegulationUnregulatedThe Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Financial Industry Regulatory Authority (FINRA)
Founded20082008
CountryMarshall IslandsGermany
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Uniglobe Markets and VPE Bank, directly affecting your bottom line as a trader. Uniglobe Markets has a lower barrier to entry with a minimum deposit of $10 (vs $5000 at VPE Bank). VPE Bank charges withdrawal fees while Uniglobe Markets does not, giving Uniglobe Markets an edge for frequent withdrawers. VPE Bank applies inactivity fees on dormant accounts; Uniglobe Markets does not. Uniglobe Markets charges deposit fees; VPE Bank does not. Overall, Uniglobe Markets scores higher on fees in our assessment.

Uniglobe Markets wins this category
FeatureUniglobe MarketsVPE Bank
Min. Deposit$10$5000
Withdrawal FeesNoYes
Inactivity FeesNoYes
Deposit FeesYesYes
CFD FeesYesYes

Platforms

Uniglobe Markets offers MT4, MT5, cTrader, while VPE Bank supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. VPE Bank supports social and copy trading features, which Uniglobe Markets does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureUniglobe MarketsVPE Bank
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsWindows ├é┬¼├ó╦åÔÇÿ MacOS X. Multiple Terminal. Android. IOS.MT4,MT5

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Uniglobe Markets and VPE Bank compare. VPE Bank runs regular live webinars; Uniglobe Markets does not. VPE Bank has a video library; Uniglobe Markets does not. VPE Bank publishes daily market commentary; Uniglobe Markets does not. VPE Bank integrates third-party research tools (Trading Central); Uniglobe Markets does not. VPE Bank maintains an archive of past webinars for on-demand viewing. VPE Bank scores higher overall in education and research.

VPE Bank wins this category
FeatureUniglobe MarketsVPE Bank
Forex EducationNoNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Uniglobe Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while VPE Bank supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureUniglobe MarketsVPE Bank
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 Uniglobe Markets and VPE Bank 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
FeatureUniglobe MarketsVPE Bank
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese