UFX vs easyMarkets

UFX or easyMarkets – which is better for UK traders 2024? Compare UFX and easyMarkets in this detailed breakdown of their platforms, features and fees.

UFX vs easyMarkets Comparison Table 2024
UFX easyMarkets
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0.8
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3
UFX is ranked #97 among CFD brokers. easyMarkets is ranked #25 among CFD brokers.
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UFX has closed or no longer accepts UK clients.
UFX are forex trading specialists that also offer popular stocks, ETFs, indices, and commodities. Offering tight spreads and one of the best ranges of major and minor pairs, they are a great option for aspiring FX investors. 		Founded in 2001, easyMarkets is a multi-regulated forex broker offering leveraged trading opportunities on forex, stocks, indices, commodities and crypto. With fixed spreads, an affordable initial deposit, regulation from several reputable bodies and a diverse selection of account currencies, this broker provides simple and straightforward trading solutions to a diverse range of traders.
Pros
  • Regulatory oversight
  • Full range of investments
  • Multiple payment methods offered
  • Low minimum deposit
  • Demo account
  • Traders can access an excellent range of risk management tools, including negative balance protection, guaranteed stop loss orders and the proprietary dealCancellation tool
  • High-quality trading software is available including TradingView, with 100+ overlays and indicators, plus deep market insights
  • The Bitcoin base currency account makes it easy to store and trade cryptos without the need for a fiat exchange
  • easyMarkets is regulated by top authorities including the CySEC and ASIC, and has a strong 20+ year history
  • There’s a wide range of free research tools and news feeds available in all the broker's platforms
Cons
  • No copy trading
  • No MT4 integration
  • There's no copy trading service for beginners looking to follow successful strategies, or for experienced traders looking to sell their own strategies
  • The broker doesn’t offer any raw-spread or cent account options, which puts it behind top competitors like Vantage
  • Spreads on the Standard account are fairly wide based on tests, starting from 1.7 pips for EUR/USD
  • There is no VPS service for seasoned algo traders looking to run their automated strategies 24/7
Awards
  • Best Forex Trading Tools - MassInsights™ Technology - UK Forex Awards Winner 2016 & 2017
  • FX Director of the Year - Dennis de Jong - The European 2016 & 2017
  • FX Broker of the Year - The European 2016 & 2017
  • Best Trader Loyalty Programme - UFX Rewards - FX Report Awards 2016
  • Best Trading Platform - MassInsights™ Technology - FX Report Awards 2016
FCA Regulated
No No

List of FCA Regulated Brokers

Instruments
ETFs, Commodities, Forex, Stocks, Indices, CFDs CFDs, Forex, Stocks, Cryptos, Commodities
Demo Account
Yes Yes
Minimum Deposit
$100 €100
Payment Methods
Minimum Trade
$1 Variable
Regulator
CySEC CySec, ASIC, BVI, FSCA
Mobile Apps
iOS & Android iOS, Android and Windows
iOS App Rating
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4.6
Android App Rating
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3.6
Margin Trading
Yes No
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No No
Trading Central
Yes No
STP Account
Yes No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No No
VPS Hosting
No Yes
Tournaments
Yes No
Demo Competitions
Yes No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No Yes
Inactivity Fee
$100
Islamic Account
Yes Yes
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • TRY
  • SEK
  • CHF
  • PLN
  • CZK
Commodities
  • Corn
  • Oil
  • Gold
  • Palladium
  • Platinum
  • Silver
  • Natural Gas
  • Gold
  • Silver
  • Palladium
  • Soybeans
CFD
Invest in various markets without owning the underlying asset. Also trade with leverage. You can trade 275+ CFD instruments covering equities, currencies, commodities, indices and cryptocurrencies. The broker offers flexible trading software and account options, plus access to the unique dealCancellation risk management tool, which is ideal for beginners.
Leverage
1:30 1:30
FTSE Spread
Variable
GBPUSD Spread<
3 - 5 pips 0.9 (MT4)
Oil Spread
5 - 8 pips 3 pips
Stocks Spread
Variable 0.1% Var
Forex
Trade over 60 forex pairs with advanced analysis tools. easyMarkets continues to offer 60+ forex pairs including majors, minors and a selection of exotics, with fixed spreads from 1.8 pips or variable spreads from 0.8 pips. FX traders can access advanced trading software in MetaTrader, as well as very high leverage up to 1:2000.
Assets
65+ 81+
GBPUSD Spread
3 - 5 pips 1.3 var (MT5)
EURUSD Spread
2 - 4 pips 0.9 (MT4)
EURGBP Spread
4 - 5 pips 1.5 (MT4)
Cryptocurrency
There’s a modest range of 20 cryptocurrencies paired with USD available, with high leverage up to 1:400. You can also access a Bitcoin base currency account which offers a convenient way to hold and trade your crypto assets without the need for an exchange.
Spread
Variable
Coins
  • BTC
  • XRP
  • ETH
  • LTC
  • BCH
  • XLM
  • ADA
  • ALG
  • SOL
  • UNI
  • DOT
  • LNK
  • ZEC
  • OMG
  • MTC
  • DSH
  • DOG
  • CHZ
  • AVA
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
UFX easyMarkets
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