Comparison IFC Markets vs UFX
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares IFC Markets vs UFX. Is IFC Markets or UFX a better online broker?
First of all, we’ll compare the commission fees of the two brokers. IFC Markets has a commission fee of from 0.1%, and UFX has a commission fee of from 130. Now, let’s compare commission fees in Forex, the commission fee of IFC Markets is spreads from 0.4 pips, and the commission fee of UFX is from 2. We can also analyze commission fees for trading CFD: they are spreads from 34 pips in IFC Markets vs from 50 in UFX. And for summarizing a complete picture, we should see trading in the metal market, where these brikers provide the following commissions: fixed spreads at 45 pips and from 50 for IFC Markets and UFX, respectively. 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 IFC Markets provides customers with Stocks Trading, ETFs Trading, Forex Trading, Futures Trading, Crypto Trading, and UFX provides customers with Stocks Trading, ETFs Trading, Forex Trading, Crypto Trading. As for platforms, IFC Markets offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, MT5, 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. IFC Markets was founded in 2006 in British Virgin Islands, and it is regulated by BVI FSC. And UFX was founded in 2007 in Republic of Vanuatu, and it is regulated by VFSC. Withdrawal of funds from IFC Markets can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of fees vary. And UFX provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of free. The withdrawal time for IFC Markets is 1 - 5 business days, and that one for UFX is up to 10 business days.
Overall, IFC Markets boasts 4.8 stars versus UFX 3.6 stars.