Markets.com vs USGFX Comparison

Compare Markets.com vs USGFX

Markets.com vs USGFX Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4, MT5, Web Trader & Apps2000+FCA, ASIC, CySEC, FSCA
$100MT4, MT560+ASIC

Markets.com vs USGFX Comparison

Both of these brokers can offer MT4 and MT5. Markets.com also has a web trader and apps, which can provide many more CFD markets to trade and has a wider range.

USGFX is regulated by the ASIC in Australia.

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. Markets.com UK is operated by TradeTech Alpha Limited which is regulated by the FCA in the United Kingdom. Markets.com UK is operated by TradeTech Alpha Limited which is regulated by the FCA in the United Kingdom.

Quick comparison

Both offer MT4 and MT5. USGFX is an STP/ECN broker. Markets.com has more markets to trade on its web trader and apps.

Minimum deposit and account types

The minimum deposit for Markets.com is $100. The minimum deposit for USGFX is $100.

  • Markets.com offers a wide range of tools accessible from its trading platform, including Events & Trade (an economic calendar with trading opportunities and affected instruments), Financial Commentary, Financial News, Trading Central, Multi-Symbol Charts, Insider Trades, Analyst Recommendations, Bloggers Opinions, Hedge Fund Confidence, XRay (expert views), Video Tutorials Education on Demand and MARKETS View. For a minimum deposit of $250, Markets.com offers MARKETSX which provides its user friendly web trader with additional VIP support and can offer reduced spreads.
  • USGFX offers four account types. These are Mini, Standard, VIP and Pro-ECN. The minimum deposit for the Mini account is $100, the minimum deposit for the Standard account is $10,000, and the minimum deposit for both the VIP and Pro-ECN accounts are $50,000. The different account types can offer lower spreads, with the lowest available on the VIP account. UGSFX support social and copy trading via ZuluTrade and Myfxbook. All account types have a minimum trade size of 0.01 lots.
  • USGFX provides Trading Central, the Recognia Trading System (which offers trading ideas), analysis, an economic calendar and an Education Center on its website with webinars, seminars, a trading guide and Blog and contests. A minimum deposit of $10,000 provides access to the Trader's Club which offers features including personalised coaching, market research and commentary, premium trading tools and services and structured education.

Markets

  • On its web trader, Markets.com offers Forex, Indices, Energy, Cryptocurrencies, Metals, Stocks, ETFs, Soft Commodities and Bonds, with 2000+ available.
  • On MT4, Markets.com provides Forex, Indices, Energy and Precious Metals with 60+ available.
  • On MT5, Markets.com offers Forex, Indices, Energy, Metals and Stocks with 240+ available.
  • USGFX offers Forex, Indices, Energy, Cryptocurrencies and Precious Metals, with 60+ available.

Cryptocurrency CFDs

  • Markets.com provides CFD trading in Bitcoin Futures, Ethereum, Litecoin and Ripple.
  • USGFX offers Bitcoin.

Spreads and leverage

Forex spreads at Markets.com are from 0.6 (for MARKETSX). Forex spreads for USGFX are from 1.3 (on its VIP account).

Maximum leverage for Markets.com operated by Safecap Investments Limited (CySEC regulated) is . USGFX's maximum leverage is 500:1, except on the Pro-ECN account where it is 100:1.

Commissions

  • Markets.com does not charge commissions.
  • USGFX does not charge commissions for Forex or Precious Metals. It does charge commissions of $5 per lot per side for CFDs.

Online trading platforms

Markets.com offers MT4 and a web trader and apps. USGFX offers MT4 and MT5.

Why Markets.com or USGFX ?

Traders who want to trade on MT4 may do so at either broker. Those who wish to trade on MT5, the successor to MT4, can also do so at either broker. Markets.com additionally offers a user friendly trading platform with considerably more markets.

Comparison summary

  • Both offer CFD trading
  • Each has MT4 and MT5
  • Markets.com offers a web trader, which has many more markets to trade
  • USGFX has a competitive number of markets for an STP/ECN broker

Search this site

Translate