Advertiser Disclosure

InvestorGreg.net is compensated in exchange for featured placement of sponsored products and services, or your clicking on links posted on this website. That's how we make money. This compensation may impact how, where and in what order products appear. InvestorGreg.net does not include all companies or all available products. We will never allow advertisers to influence our opinion of financial products that appear on this site.

Comparison Firstrade vs UFX

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Firstrade vs UFX. Which of them: Firstrade or UFX a better online broker?

First of all, we’ll compare the commission fees of the two brokers. Firstrade has a commission fee of $0, and UFX has a commission fee of from 130. The full online broker reviews contains more detailed information on the brokers’ commission fees.

Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are Firstrade provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, and UFX provides customers with Stocks Trading, ETFs Trading, Forex Trading, Crypto Trading. As for platforms, Firstrade offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while UFX offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App.

In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. Firstrade was established in 1985 in United States, and it is regulated by SEC and FINRA. And UFX was established in 2007 in Republic of Vanuatu, and it is regulated by VFSC. Withdrawal of funds from Firstrade can be done using Bank Wire with a withdrawal fee of $30 domestic US, $50 international. And UFX provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of free. The withdrawal time for Firstrade is 2-3 business days, and that one for UFX is up to 10 business days.

Overall, Firstrade boasts 3.9 stars versus UFX 3.6 stars.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
Firstrade
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
UFX
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
Forex Spreads
CFDs
Metals
Cryptocurrency
Firstrade
Stock
$0
ETFs
$0
Options
$0
Mutual Funds
$0
Bonds
$40
Forex Spreads
N/A
CFDs
N/A
Metals
N/A
Cryptocurrency
N/A
UFX
Stock
From 90 pips
ETFs
From 35 pips
Options
N/A
Mutual Funds
N/A
Bonds
N/A
Forex Spreads
3 pips
CFDs
From 50 pips
Metals
From 50 pips
Cryptocurrency
From 33000 pips

Types of trading

Types of trading
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Crypto Trading
Firstrade
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Crypto Trading
UFX
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Crypto Trading

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4
Firstrade
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4
UFX
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4

Tools

Tools
Research & Analysis
Education
Demo account
Firstrade
Research & Analysis
Education
Demo account
UFX
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
Firstrade
Android App
iOS App
UFX
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
Firstrade
Minimum deposit
$0
Bank Wire
Visa/Mastercard
UFX
Minimum deposit
$100
Bank Wire
Visa/Mastercard

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Withdrawal Time
Withdrawal Fee
Firstrade
Bank Wire
Visa/Mastercard
Withdrawal Time
2-3 business days
Withdrawal Fee
$30 domestic US, $50 international
UFX
Bank Wire
Visa/Mastercard
Withdrawal Time
Up to 10 business days
Withdrawal Fee
Free

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
Firstrade
Сountry of Origin
United States
Year Founded
1985
Regulated By
SEC and FINRA
UFX
Сountry of Origin
Republic of Vanuatu
Year Founded
2007
Regulated By
VFSC

Customer Service

Customer Service
Phone
Email
Live Chat
 
Firstrade
Phone
Yes
Email
Yes
Live Chat
No
UFX
Phone
+44 208-150-0778
Email
Contact Form
Live Chat
Yes

Related Comparisons