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Comparison Olymp Trade vs UFX
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Olymp Trade vs UFX. Which of them: Olymp Trade or UFX a better online broker?
First of all, we’ll compare the commission fees of the two brokers. 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 Olymp Trade provides customers with Options Trading, and UFX provides customers with Stocks Trading, ETFs Trading, Forex Trading, Crypto Trading. Concerning the platforms, Olymp Trade uses Web Platform, Android App, iOS App, while UFX uses 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. Olymp Trade was founded in 2014 in St. Vincent and the Grenadines, and it is regulated by Not Regulated. And UFX was founded in 2007 in Republic of Vanuatu, and it is regulated by VFSC. Withdrawal of funds from Olymp Trade can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of free. And UFX provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of free. The withdrawal time for Olymp Trade is 1 - 5 business days, and that one for UFX is up to 10 business days.
As a result, the rating of Olymp Trade is 4 stars versus that of UFX of 3.6 stars.