Home | Back to Main Broker Reviews Page |

Bookmark and Share

Compare Forex Brokers UFX Bank And EXNESS


 Compare more forex brokers

Visit UFX Bank Visit EXNESS


Subjective Ratings

Compare Category

UFX Bank

EXNESS

Charting: One star Charting Rating Four and Half star Charting Rating
Execution: Four star Execution Rating Four and Half star Execution Rating
Transaction costs (spreads): Two and Half star Transaction Costs (spreads) Rating Five star Transaction Costs (spreads) Rating
User-friendliness: Four star User-friendliness Rating Four and Half star User-friendliness Rating
Platform Functionality: One star Platform Functionality Rating Four star Platform Functionality Rating
Platform Reliability: Three star Platform Reliability Rating Five star Platform Reliability Rating
Customer support: Zero Customer Support Rating Five star Customer Support Rating
Rollover interest rates: Four and Half star Rollover interest rates Rating Four star Rollover interest rates Rating
Withdrawal processing: One star Withdrawal processing Rating Five star Withdrawal processing Rating
Average rating: Two and Half star Average Rating Four and Half star Average Rating

Visit UFX Bank Visit EXNESS

Business Details

Compare Category

UFX Bank

EXNESS

 
Registered Business Name: UFX Trade LLC EXNESS Limited
Broker Headquarters: Israel St. Petersburg, Russia
Also has offices in: Nicosia, Cyprus and Chicago, IL, USA none
Regulated By: Unregulated EXNESS is in full compliance with the Russian Federation Financial Legislation
In business since year: 2009 2008
Broker Capital as of 05-2009 Unknown Unknown
Client Account Segregation: No Yes
Collect Taxes on Earnings: No No
Prohibit clients from: No No
Deposit/Withdrawal methods:
MethodDeposit FeeWithdrawal Fee
Diners Club $0 $0
MasterCard $0 $0
Moneybookers $0 $0
NETeller $0 $0
PayPal $0 $0
Visa $0 $0
WebMoney $0 $0
Western Union $0 $0
Wire Transfer $0 $0
MethodDeposit FeeWithdrawal Fee
c-Gold $0 1%
CashU $0 3%
Credit Card $0 0.5%
Liberty Reserve $0 1%
Moneybookers $0 1%
Pecunix $0 1.5%
Perfect Money $0 1%
RBK Money $0 1%
WebMoney $0 0.8%
Wire Transfer $0 0.2%
Yandex Money $0 1%
Main liquidity providers: Various major European banks Unknown

Visit UFX Bank Visit EXNESS

Trading Details

Compare Category

UFX Bank

EXNESS

 
Browser platform: UFX Bank by ParagonEX Trading Solutions none
Downloadable platform: None EXNESS Metatrader 4 (MT4)
Mobile platform: UFX Bank by ParagonEX Trading Solutions none
Phone dealing: Yes Yes
Order processing: Market Maker STP (Straight Through Processing)
Account Types
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
Platinum Account 200:1* $10,000/unlimited 10,000/20,000,000 units
Mini Account 200:1* $500/$999 5,000/200,000 units
Standard Account 200:1* $1,000/$4,999 5,000/1,000,000 units
Gold Account 200:1* $5,000/$9,999 5,000/2,000,000 units
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
Expert 50:1* $100,000/unlimited 100,000/unlimited Spreads from 0.1 pips
Classic 100:1* $10,000/$99,999 10,000/unlimited Spreads from 0.4 pips
Mini 2000:1* $100/$9,999 1,000/1,000,000 units (cumulat Spreads from 0.7 pips
Swap-free accounts   - swap-free accounts are charged slightly higher spreads   Yes - no extra charges and available to everyone, not just Islamic traders
Tradeable Instruments: 40    4   
No Dealing Desk Execution: Not available Yes
Typical spread on EUR/USD: 2 pips (0.0002) for Platinum Accounts, 3 pips (0.0003) for Gold Accounts, 4 pips (0.0004) for Standard Accounts, 5 pips (0.0005) for Mini Accounts 0.1 pips (0.00001) on Expert Accounts, 0.4 pips (0.00004) on Classic Accounts, 0.7 pips (0.00007) on Mini Accounts
Fixed spreads: No No, best available buy and sell prices are presented
Guaranteed stop losses? Yes, all stop-loss and take-profit orders are guaranteed by UFX Bank against slippage. No, all orders are executed at best available price
Trailing Stops: None Client-side
OCO orders available: No No
If/then orders available: No No
Hedging capability: Yes Yes
Automated Trading: No Yes, on MT4
Trading Hours: Sunday 9 pm GMT until Friday 9 pm GMT Market opening on Sunday: 22.00 (GMT+0).Market close on Friday: 22.00 (GMT+0)
Timezone GMT GMT
Scalping allowed: Minimum time to close a deal after opening it is 1 minute. Yes, all trading methods are allowed.
Account currencies available: USD USD
Platform languages: Arabic, English, French, Portuguese, Spanish Arabic, Bulgarian, Czech, Dutch, English, Estonian, Farsi, French, German, Greek, Hebrew, Hungarian, Indonesian, Italian, Japanese, Korean, Lithuanian, Polish, Portuguese, Russian, Serbian, Simplified Chinese, Spanish, Traditional Chinese, Turkish
Support languages: English English, Russian
Demo account: Yes Unlimited, with re-deposits allowed.
Live chat support: Yes, during UFX Bank trading hours Yes - well above average in terms of patience and knowledge.
Interest on Margin: No No
Promotions & tournaments: 25% up to $5,000 free on new client deposits. Bonus must be traded 15,000 times in volume before withdrawals can be made. None

Visit UFX Bank Visit EXNESS


Bookmark and Share