B

Uniglobe Markets

5.6/10
XGLOBAL Markets logo

XGLOBAL Markets

5.6/10
3/10RegulationWinner5/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

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

Tied
FeatureUniglobe MarketsXGLOBAL Markets
Min. Deposit$10$500
RegulationUnregulatedCyprus Securities and Exchange Commission (CySEC)
Founded20082008
CountryMarshall IslandsCyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Uniglobe Markets and XGLOBAL 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 XGLOBAL Markets). XGLOBAL Markets charges withdrawal fees while Uniglobe Markets does not, giving Uniglobe Markets an edge for frequent withdrawers. Uniglobe Markets charges deposit fees; XGLOBAL Markets does not. Overall, Uniglobe Markets scores higher on fees in our assessment.

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

Platforms

Uniglobe Markets offers MT4, MT5, cTrader, while XGLOBAL Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureUniglobe MarketsXGLOBAL Markets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsWindows ├é┬¼├ó╦åÔÇÿ MacOS X. Multiple Terminal. Android. IOS.Desktop,iOS,Android

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Uniglobe Markets and XGLOBAL Markets compare. XGLOBAL Markets has a video library; Uniglobe Markets does not. XGLOBAL Markets integrates third-party research tools (Autochartist); Uniglobe Markets does not. XGLOBAL Markets scores higher overall in education and research.

XGLOBAL Markets wins this category
FeatureUniglobe MarketsXGLOBAL Markets
Forex EducationNoYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistNoYes

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 XGLOBAL Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureUniglobe MarketsXGLOBAL 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 Uniglobe Markets and XGLOBAL 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
FeatureUniglobe MarketsXGLOBAL Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese