Uniglobe Markets
Xtrade
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Overview
Uniglobe Markets was founded in 2008 and is headquartered in Marshall Islands, while Xtrade was established in 2003 and is based in Australia. Uniglobe Markets holds licences including Unregulated, while Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Uniglobe Markets serves 10,000+ clients worldwide; Xtrade has 10,000+. The minimum deposit is $10 at Uniglobe Markets and $1 at Xtrade.
| Feature | Uniglobe Markets | Xtrade |
|---|---|---|
| Min. Deposit | $10 | $1 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2008 | 2003 |
| Country | Marshall Islands | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Uniglobe Markets and Xtrade, directly affecting your bottom line as a trader. Xtrade has a lower barrier to entry with a minimum deposit of $1 (vs $10 at Uniglobe Markets). Neither broker charges withdrawal fees. Uniglobe Markets charges deposit fees; Xtrade does not. The two brokers are broadly comparable on fee structure.
| Feature | Uniglobe Markets | Xtrade |
|---|---|---|
| Min. Deposit | $10 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Uniglobe Markets offers MT4, MT5, cTrader, while Xtrade 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 | Xtrade |
|---|---|---|
| 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. | Not available |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Uniglobe Markets and Xtrade compare. The two brokers are evenly matched on educational content.
| Feature | Uniglobe Markets | Xtrade |
|---|---|---|
| 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 uniquely supports bank transfer and credit/debit card among the two brokers. Uniglobe Markets scores higher on deposit and withdrawal flexibility.
| Feature | Uniglobe Markets | Xtrade |
|---|---|---|
| Bank Transfer | Yes | Not available |
| Credit Card | Yes | Not available |
| PayPal | No | Not available |
| Skrill | No | Not available |
| Neteller | No | Not available |
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 Xtrade offer live chat support. Both provide phone support. Email support is available at both brokers. Uniglobe Markets offers multilingual support. Both brokers are comparable on support quality.
| Feature | Uniglobe Markets | Xtrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | Not available |