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 TradeStation vs UFX
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares TradeStation vs UFX. Is TradeStation or UFX a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of TradeStation on regular transactions of the stock exchange is 4, and UFX has a commission fee of from 130. When analyzing commission fees in CFD: TradeStation provides 4, and UFX provides from 50. And for summarizing a complete picture, we should see trading in the metal market, where these brikers provide the following commissions: 4 and from 50 for TradeStation and UFX, respectively. 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, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Futures Trading, Crypto Trading are provided to customers by TradeStation and Stocks Trading, ETFs Trading, Forex Trading, Crypto Trading are provided by UFX. Concerning the platforms, TradeStation uses Desktop Platform (Windows), Desktop Platform (MacOS), 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. TradeStation was established in 1982 in United States, and it is regulated by SEC, FINRA. And UFX was established in 2007 in Republic of Vanuatu, and it is regulated by VFSC. We can withdraw funds from TradeStation with the help of Bank Wire, and its withdrawal fee is $35 for US domestic withdrawals. 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 TradeStation is 3-5 business days, and that one for UFX is up to 10 business days.
As a result, the rating of TradeStation is 3.8 stars versus that of UFX of 3.6 stars.