umarkets Alternatives: Pros, Cons, And How It Compares for 2025
This alternatives to umarkets guide has been updated for 2025 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 umarkets to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to umarkets like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, benefits to their clients. If you feel that umarkets is not quite right for you then it would be worth getting a demo account with a range of the best umarkets alternatives and ensuring that they are a better fit for you before moving any money around.
The most in depth review of umarkets alternatives online
There's a lot of reasons umarkets may not be a good fit for your trading needs. For whatever reason you are looking for the top umarkets alternative or umarkets competitor with similar services, we try to give you as much helpful information so you can find what it is you need. Below you will find the best umarkets alternatives.
For each of the below alternative to umarkets, we also highlight the key differences to umarkets and for each platform feature show you the best alternatives. For every umarkets alternative trading platform shown we also have detailed trading platform reviews and guides that you can easily click to read elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are unimpressed with umarkets, find some great alternative brokeragesbrokers|online trading platforms|brokerages.
Using a reputable and dependable broker is vital to your trading success. All of the umarkets alternative brokers listed in this umarkets alternatives guide have good reputations and match what you are looking for.
Alternatives With Lower Minimum Deposit
umarkets has a minimum desposit of $250, you can check how the minimum deposit requirements of umarkets compare with the minimum deposit requirements of umarkets competitors. Trading platforms often have lower minimum deposits to get traders to test them out, but having higher a minimum deposit isn’t always a bad thing, it all comes down to your personal trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
umarkets |
$250 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| instaforex |
$250 |
Alternatives Offering Demo Accounts
umarkets offers demo accounts so you can test your trading strategies before risking any real money. Inexperienced traders can open a virtual portfolio account in order to better understand the areas of Forex trading and test out some of the company’s features before risking a live account.
Below we list some of the best alternatives to umarkets that have demo accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
umarkets |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
umarkets does not offer negative balance protection. If your balance is negative, umarkets indicates that you promptly contact customer services. Then you are able to correct any imbalances in your account.
Below we show some of the best alternatives to umarkets that offer negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
umarkets |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
umarkets unfortunately, doesn't offer guaranteed stop loss. umarkets gives an opportunity for its dealers to close their trades in their specified price. Aside from this, umarkets does not offer guaranteed stop loss.
Below we list some of the top umarkets alternatives that offer guaranteed stop loss available for their clients.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
umarkets |
No | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
No, the stipulations of umarkets don't condone scalping. It's a trading technique that isn't allowed on the agent's platform. You must consult with umarkets's provisions and conditions to see more about its own policies.
Below we list some of the top alternatives to umarkets that offer scalping functionality to their users.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
umarkets |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
The stipulations of umarkets do not allow hedging. It's a trading technique that isn't permitted on the broker's platform. You should refer to umarkets's provisions and conditions to see more about its own policies.
Below we show some of the top alternatives to umarkets that offer hedging services to their client base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
umarkets |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, umarkets offers social trading which encompasses leading traders sharing their knowledge with the community. Which stocks they are following, what stocks to buy, and what stocks to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. It is a more independent version of copy trading.
Below we show some of the top alternatives to umarkets that have social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
umarkets |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
umarkets's copy 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. It is a more independent version of social trading.
Below we list some of the best umarkets alternatives that has copy trading to their customers
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
umarkets |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare umarkets To All Other Brokers