Markets.com vs UFX - CFD Broker Comparison

Compare Markets.com vs UFX

Markets.com versus UFX Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4, MT5, Web Trader & Apps2000+CySEC, ASIC, FSCA
$100MT4, ParagonEx450+CySEC

Markets.com and UFX Comparison

Both brokers offer CFD trading, MT4 and web traders (and apps). Markets.con also offers MT5. Markets.com can provide more CFDs to trade, though UFX is an STP broker (and has a relatively large number for this kind of broker).

Both offer a range of markets, including Stocks CFDs. UFX is regulated by the CySEC in Cyprus. Markets.com is operated by Safecap Investments Limited which is regulated by the CySEC in Cyprus and the FSCA in South Africa. Markets.com Australia is operated by Tradetech Markets (Australia) Pty Ltd which is regulated by the ASIC in Australia. Markets.com Africa is operated by TradeTech Markets (South Africa) which is regulated by the FSCA in South Africa.

Quick comparison

Both offer web traders and MT4. Markets.com provides more markets to trade, UFX has a crowd trading news feed on ParagonEx.

Account types and minimum deposit

The minimum deposit for both brokers is $100.

  • Markets.com offers Events & Trade, daily analysts recommendations, Insiders' Stuff (Stocks signals) and Trading Central on its web trading platform.
  • 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.

Markets

  • Markets.com offers Currency Pairs, Indices, Stocks, ETFs, Soft Commodities, Energies, Metals, Cryptocurrencies and Bonds.
  • UFX offers Currency Pairs, Indices, Stocks, ETFs, Soft Commodities, Energies and Precious Metals.

Markets.com offers 2000+ to trade, UFX offers 450+. Markets.com offers more Shares CFDs than UFX.

Cryptocurrency CFDS

  • Markets.com provides Bitcoin Futures, Ethereum, Litecoin, Ripple, Bitcoin Cash and Dash.

Leverage and spreads

Maximum leverage for Markets.com operated by Safecap Investments Limited (CySEC regulated) is . Maximum leverage for UFX is .

  • Spreads are fixed under normal markets conditions on Markets.com's web trader, from 2 pips for EUR/USD and GBP/USD, 3 pips for USD/JPY, 1.2 for the FTSE100, 0.70 for Gold and 0.03 for US Crude Oil.
  • On MT4, Markets.com's spreads are also fixed under normal market conditions from 3 pips for EUR/USD, GBP/USD and USD/JPY, 2 for FTSE100, 0.70 for Gold and 0.05 for US Crude Oil.
  • 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.

Platform

Markets.com offers around 90 technical indicators, UFX offers over 50 technical indicators. Markets.com offers bar, candlestick, area, Heikin-Ashi and line charts. UFX offers candlestick, OHLC, line, hollow candles, Heikin-Ashi, Bar Forest, area, HLC, coloured bar HLC, dot chart and line dot charts. Markets.com offers time frames from 1 minute to 1 week, UFX offers time frames from tick to 1 month.

Both brokers offer micro lot trading and also provide MT4 trading (but only for higher account types for UFX).

Markets.com provides a newsfeed. UFX provides on the ParagonEx platform an enhanced newsfeed called MassInsights, which shows aggregated trader behavior with respect to markets along with market events. Markets.com offers Events & Trade, which shows news events, affected instruments and trading opportunities.

Both brokers offer negative balance protection which they say helps make sure account balances do not go negative.

Comparison summary

  • These are both CFD brokers
  • Markets.com can offer more markets to trade
  • Both provide web traders, with a range of functionality
  • UFX provides crowd trading
  • Both offer MT4
  • Markets.com also provides MT5

Search this site

Translate