Comparison UFX vs XTB
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare UFX vs XTB. Which of them: UFX or XTB a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of UFX on regular transactions of the stock exchange is from 130, and XTB has a commission fee of from 0.3 pips. Now, let’s compare commission fees in Forex, the commission fee of UFX is from 2, and the commission fee of XTB is from 0.1 pips. When analyzing commission fees in CFD: UFX provides from 50, and XTB provides 0.08% minimum $8.00 USD. For a more complete picture, let’s consider trading in the metal market, where UFX and XTB have commission fees of from 50 and from 0.3 pips, 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, ETFs Trading, Forex Trading, Crypto Trading are provided to customers by UFX and Stocks Trading, ETFs Trading, Forex Trading, Crypto Trading are provided by XTB. As for platforms, UFX offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while XTB 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. UFX was founded in 2007 in Republic of Vanuatu, and it is regulated by VFSC. And XTB was founded in 2002 in United Kingdom, and it is regulated by FCA, IFSC, KNF, CNMV and CMB. We can withdraw funds from UFX with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. And XTB provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is free. The time for withdrawal in UFX is up to 10 business days, and that one in XTB is n/A.
As a result, the rating of UFX is 3.6 stars versus that of XTB of 4.3 stars.