Uniglobe Markets
WellsTrade
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Overview
Uniglobe Markets was founded in 2008 and is headquartered in Marshall Islands, while WellsTrade was established in 2008 and is based in United States. Both brokers are regulated by Unregulated, among other authorities. Uniglobe Markets serves 10,000+ clients worldwide; WellsTrade has 10,000+. The minimum deposit is $10 at Uniglobe Markets and $30 at WellsTrade.
| Feature | Uniglobe Markets | WellsTrade |
|---|---|---|
| Min. Deposit | $10 | $30 |
| Regulation | Unregulated | Unregulated |
| Founded | 2008 | 2008 |
| Country | Marshall Islands | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Uniglobe Markets and WellsTrade, directly affecting your bottom line as a trader. Uniglobe Markets has a lower barrier to entry with a minimum deposit of $10 (vs $30 at WellsTrade). Neither broker charges withdrawal fees. Uniglobe Markets charges deposit fees; WellsTrade does not. The two brokers are broadly comparable on fee structure.
| Feature | Uniglobe Markets | WellsTrade |
|---|---|---|
| Min. Deposit | $10 | $30 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Uniglobe Markets offers MT4, MT5, cTrader, while WellsTrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | Uniglobe Markets | WellsTrade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Windows ├é┬¼├ó╦åÔÇÿ MacOS X. Multiple Terminal. Android. IOS. | iPhone,Tablet,Mac,Android,WEB |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Uniglobe Markets and WellsTrade compare. The two brokers are evenly matched on educational content.
| Feature | Uniglobe Markets | WellsTrade |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | No |
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 WellsTrade supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Uniglobe Markets | WellsTrade |
|---|---|---|
| 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 Uniglobe Markets and WellsTrade 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 | Uniglobe Markets | WellsTrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |