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Comparison Tastyworks vs UFX
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Tastyworks vs UFX. Is Tastyworks or UFX a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. Tastyworks 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.
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, Penny Stocks Trading, Options Trading, ETFs Trading, Futures Trading are provided to customers by Tastyworks and Stocks Trading, ETFs Trading, Forex Trading, Crypto Trading are provided by UFX. As for platforms, Tastyworks 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.
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. Tastyworks was established in 2017 in United States, and it is regulated by FINRA, NFA and SIPC. And UFX was established in 2007 in Republic of Vanuatu, and it is regulated by VFSC. We can withdraw funds from Tastyworks with the help of Bank Wire, and its withdrawal fee is $25-45. And UFX provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. The withdrawal time for Tastyworks is 3 business days, and that one for UFX is up to 10 business days.
As a result, the rating of Tastyworks is 4 stars versus that of UFX of 3.6 stars.