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Comparison 24option vs UFX
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares 24option vs UFX. Is 24option or UFX a better online broker?
First of all, we’ll compare the commission fees of the two brokers. You can read more detailed information on commission fees in the online broker reviews.
It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Forex Trading, Crypto Trading are provided to customers by 24option and Stocks Trading, ETFs Trading, Forex Trading, Crypto Trading are provided by UFX. As for platforms, 24option offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while UFX offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App.
Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. 24option was founded in 2009 in Cyprus, and it is regulated by CySEC, IFSC. And UFX was founded in 2007 in Republic of Vanuatu, and it is regulated by VFSC. We can withdraw funds from 24option with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $35. And UFX provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. The time for withdrawal in 24option is 5 - 10 business days, and that one in UFX is up to 10 business days.
Overall, 24option boasts 3.9 stars versus UFX 3.6 stars.