UFX Alternatives: for 2024
This alternatives to UFX guide has been updated for 2024 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to UFX to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to UFX like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, benefits to their customers. If you feel that UFX is not quite right for you then it would be worth getting a demo account with a lot of the top UFX alternatives and ensuring that they are a better fit for you before moving any money around.
The most detailed review of UFX alternatives on the internet
There's many reasons UFX may not be a good fit for you. Whatever reason you are hunting for a better UFX alternative or UFX competitor with better services, we try to give you as much useful information so you can make an informed decision. Below you will discover the top UFX alternatives.
For each of our alternative to UFX, we break down the key differences to UFX and for each platform feature show you the best alternatives. For each UFX alternative online broker listed we also have detailed trading platform reviews and guides that you can easily click to view elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are not happy with UFX, let us show you some great alternative brokersbrokers|online trading platforms|brokerages.
Trading with a professional and dependable broker is important for your trading success. All of the UFX alternative brokers listed in this UFX alternatives guide have good reputations and match what you are looking for.
Alternatives With Lower Minimum Deposit
UFX has a minimum desposit of $500, you can see how the minimum deposit requirements of UFX compare with the minimum deposit requirements of UFX competitors. Trading platforms offer lower minimum deposits to get traders to join with them, but having higher a minimum deposit isn’t necessarily a bad thing, it all depends on your personal trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
UFX |
$500 | |
| Startrader |
$50 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| PUPRIME |
$50 |
|
Alternatives Offering Demo Accounts
UFX offers virtual portfolio accounts so you can learn their systems before risking any real capital. New traders can open a virtual portfolio account in order to become better acquainted with the areas of Forex trading and test out some of the company’s features before getting a live account.
Below we show some of the best alternatives to UFX that have virtual portfolio accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
UFX |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
UFX offers negative balance protection. It's especially offered when the industry volatility keeps clients from letting their accounts go into the red. In a situation like this, UFX provides the ability to reset a customers account balance to zero.
You should go through the important terms and conditions on UFX's site to understand their policies.
Below we show some of the best alternatives to UFX that offer negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
UFX |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
UFX regrettably, doesn't provide guaranteed stop loss. UFX gives a chance for its dealers to close their trade in their given price. Aside from this, UFX does not offer guaranteed stop loss.
Below we detail some of the top UFX alternatives that has guaranteed stop loss available for their users.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
UFX |
No | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
UFX do permit scalping. Many traders across the world select UFX for their scalping services. They offer trading on MT4, Web Trader, Tablet & Mobile apps which allow this.
Below we show some of the top alternatives to UFX that allow scalping functionality to their users.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
UFX |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
UFX do permit hedging. Several traders throughout the world select UFX due to their hedging services. They offer trading on MT4, Web Trader, Tablet & Mobile apps.
Below we list some of the best alternatives to UFX that offer hedging services to their user base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
UFX |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
UFX's social trading platform allows traders to share their expertise with others to build a community of investors and traders. What stocks they are monitoring, what to buy, what to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. This is independent copy trading..
Below we show some of the top UFX alternatives that offer social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
UFX |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, UFX offers copy trading which gives access to leading traders sharing their knowledge with the community. What stocks they are monitoring, what to buy, what to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. It is a more independent version of social trading.
Below we detail some of the top alternatives to UFX that allow copy trading to their customers
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
UFX |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare UFX To All Other Brokers