Comparison UFX vs Vantage FX
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare UFX vs Vantage FX. Which of them: UFX or Vantage FX a better online broker?
First of all, we’ll compare the commission fees of the two brokers. Now, let’s compare commission fees in Forex, the commission fee of UFX is from 2, and the commission fee of Vantage FX is from 0.0 pips + $3 commission per 1 lot. For a more complete picture, let’s consider trading in the metal market, where UFX and Vantage FX have commission fees of from 50 and from 0.23 pips, respectively. 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, ETFs Trading, Forex Trading, Crypto Trading are provided to customers by UFX and Forex Trading, Crypto Trading are provided by Vantage FX. Concerning the platforms, UFX uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while Vantage FX uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, MT5, 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. UFX was founded in 2007 in Republic of Vanuatu, and it is regulated by VFSC. And Vantage FX was founded in 2009 in Australia, and it is regulated by ASIC. Withdrawal of funds from UFX can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of free. And Vantage FX provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of free. The time for withdrawal in UFX is up to 10 business days, and that one in Vantage FX is 3 - 10 business days.
As a result, the rating of UFX is 3.6 stars versus that of Vantage FX of 4.9 stars.