FXGiants vs UFX Comparison

FXGiants vs UFX Broker Comparison

FXGiants versus UFX Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4200+FCA, ASIC
$100MT4, ParagonEx450+CySEC

FXGiants and UFX Comparison

FXGiants offers a range of account types covering instant execution types and STP/ECN trading. UFX offers fixed spread trading and on the ParagonEx platform, provides a crowd trading news feed, which seeks to augment news about markets and other market events with data about the reactions of the crowd of traders to them. Both offer MT4.

FXGiants allows scalping, UFX does not. FXGiants is regulated by the FCA in the United Kingdom and the ASIC in Australia while UFX is regulated by the CySEC in Cyprus.

Quick comparison

Both offer MT4, UFX also provides ParagonEx with crowd trading, FXGiants also offers STP/ECN accounts.

Minimum deposit and account types

The minimum deposit for FXGiants's ECN accounts is $500. The minimum deposit for UFX is $100.

  • FXGiants offers five account types, the Micro account, the Premium account, the 0 Fixed Spread account, the STP/ECN No Commission account and the STP/ECN 0 Spread account. Only the STP/ECN accounts provide market execution, the others are instant execution. The Micro and Premium accounts have two types, Live Fixed or Live Floating Spread. The 0 Fixed Spread account offers fixed spreads from 0 plus a commission charge. The STP/ECN 0 Spread account offers variable ECN spreads from 0, with a commission charge. FXGiants provides economic news and an economic calendar on its website.
  • The minimum deposit for FXGiants's Micro account is $100, the minimum deposit for the Premium account is $2,500, the minimum deposit for the 0 Fixed Spread, STP/ECN No Commission and STP/ECN 0 Spread accounts is $500. FXGiants allows scalping and EAs. FXGiants provides economic news and an economic calendar on its website. All accounts have a minimum trade size of 0.01 lots.
  • UFX provides six account types, Micro/Mini, Mini, Standard, Gold, Platinum and Islamic. The minimum initial deposit is $100 for the Micro/Mini account, $500 for the Mini account, $1000 for the Islamic and Standard accounts, $5000 for the Gold account and $10,000 for the Platinum account. The minimum trade size ranges from 0.0025 lots for the Micro/Mini account to 1 lot for the Platinum account.
  • All UFX account types have daily market reviews, a video library, daily recommendations and 24hr live support. All except the Micro/Mini account provide a personal trading coach. Standard, Gold and Platinum accounts also have VIP trading support and exclusive updates. Gold and Platinum additionally provide SMS trading alerts and access to MT4. At UFX there is a one minute minimum time after a position has been opened until it can be closed.

Markets

  • FXGiants provides 200+ covering Forex, Indices, Energy, Soft Commodities, Stocks, Metals and Cryptocurrencies.
  • UFX offers 450+ covering Forex, Indices, Energy, Soft Commodities, Stocks, Precious Metals and ETFs.

Cryptocurrency CFDs

  • FXGiants offers Bitcoin, Ethereum, Litecoin and Ripple.

Spreads and leverage

  • STP/ECN account spreads at FXGiants are variable and are from 1.7 for EUR/USD on the STP/ECN No Commission account and 0.0 on the STP/ECN 0 spread account, and from around 1 for UK100, 0.50 for Gold on the STP/ECN No Commission account and 0.15 for Gold on the STP/ECN 0 Spread account, and 0.04 for US Crude Oil.
  • On FXGiants's non-ECN Micro account, it offers fixed spreads under normal market conditions of 2.2 for EUR/USD, on its non-ECN Premium account it provides fixed spreads of 1.8 for EUR/USD. FXGiants provides fixed spreads from 0 (for EUR/USD) on its 0 Fixed Spread account.
  • Spreads at UFX are fixed under normal market conditions but vary according to the account type. The lowest spreads are for the Platinum account at 2 for EUR/USD, 0.50 for Gold and 0.05 for US Crude Oil. For the Micro/Mini account spreads are 4 for EUR/USD, 0.75 for Gold and 0.11 for US Crude Oil. For the Standard account spreads are 3 for EUR/USD, 0.65 for Gold and 0.07 for US Crude Oil.

Maximum leverage for FXGiants (FCA regulated) is . Maximum leverage for UFX is .

Commissions

  • FXGiants charges a commission of $13 per lot round trip for its ECN Zero account and does not charge a commission for its ECN No Commission account. It also charges a commission from $18 per lot round trip on its 0 Fixed Spread account.
  • UFX does not charge commissions.

Platforms

Both brokers offer MT4, but UFX makes this available only for higher account types. UFX though offers the ParagonEx platform with MassInsights crowd trading.

Comparison summary

  • UFX is an STP broker which offers fixed spreads
  • FXGiants can offer instant execution and ECN accounts, with no dealing desk conditions on its ECN accounts
  • FXGiants offers a variable ECN account and a fixed spread instant execution account, which also has a Premium version
  • FXGiants can also provide the 0 Fixed Spread account which is not an ECN account, but charges a commission for low fixed spreads
  • UFX can offer lower spread with account types requiring a higher minimum deposit
  • Both brokers provide a range of market including Shares CFDs
  • UFX offers a crowd trading news feed on ParagonEx
  • Both offer MT4
  • FXGiants is regulated by the FCA in the UK and the ASIC in Australia, UFX is regulated by the CySEC in Cyprus

Search this site

Translate