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Read our In-Depth tradestation vs umarkets Review - for 2022

This tradestation vs umarkets review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this tradestation vs umarkets review does not apply to US users.

So you are looking for a professional broker and are choosing between tradestation or umarkets. Who is better in 2022?

Our tradestation vs umarkets review contains the most recent information so you can easily compare tradestation and umarkets

If you are a new entrant in the world of trading and broker, so many details will be confusing for you. Getting into the world of trading requires expert analyzing skills and thorough understanding. You'll get proficient at all the concepts of brokerage as you keep trading. For starters, you need to select the right broker who'll be transparent with you always.

In this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment plan will generate hefty returns. tradestation and umarkets are two such platforms that will take you and your investment into great heights. It's important that you compare tradestation vs umarkets until you trust them with your cash.

Our tradestation vs umarkets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust tradestation and umarkets side by side.

Our full tradestation vs umarkets Review covers everything you will need to learn about trading with either tradestation or umarkets. A fantastic broker can multiply your initial investments and give you positive profits. If you would like to earn profits, you should trade with a broker service that aligns with your investment goals.

There is no sure-fire method to guarantee profits; thus, you must carefully analyze your agent before you select them. It's a frequent misconception that all brokers are exactly the same, but that is not correct. Wrong judgment, in the beginning, can set your investments at risk.

tradestation and umarkets are both brokers which have found their way successfully to the brokerage world. Within this review, we have attempted to collate some of the vital aspects of both tradestation and umarkets. This review can allow you to understand whether either tradestation or umarkets is a fantastic match for your own investments or not. We have tried to breakdown all the features and fees for your advantage.

Compare tradestation vs umarkets

Every online trading system has a few ups and downs, and no tradestation and umarkets review would be complete without having a balanced approach. Compare tradestation and umarkets to understand how they line up against each other before you create an account. A comparative analysis can put things into perspective so that you are aware of what to expect.


learn more about tradestation

tradestation

Benefits of tradestation

Established in 2014

Headquartered in Cyprus

Minimum Deposit of $250

(Your capital is at risk)

tradestation Regulations

Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F329 Regulations

tradestation Languages

English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic

tradestation Fees

Deposit FeesNo
Inactivity FeesNo
Withdrawal FeesNo
Min Deposit$250

(Your capital is at risk)


learn more about umarkets

umarkets

Benefits of umarkets

Established in 2018

Headquartered in Bulgaria

Minimum Deposit of $250

(Your capital is at risk)

umarkets Regulations

Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F333 Regulations

umarkets Languages

English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic

umarkets Fees

Deposit FeesNo
Inactivity FeesYes
Withdrawal FeesYes
Min Deposit$250

(Your capital is at risk)


learn more about eToro

eToro (Our Preferred Broker)

Benefits of eToro

Established in 2007

Headquartered in Cyprus, UK

Minimum Deposit of $50


(67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies)

eToro Regulations

Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)

eToro Languages

English, German, Spanish, French, and Italian

eToro Fees

Deposit FeesNo
Inactivity FeesYes
Withdrawal FeesYes
Min Deposit$50

(67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies)

Benefits of tradestation and umarkets Compared

tradestation offers a minimum deposit of $250 while umarkets has a $250 minimum deposit.

Why smaller minimum deposits are good and how tradestation and umarkets compare

The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.

tradestation has around 212 financial instruments while umarkets allows you to trade around 216 financial instruments on their platform.

The more financial instruments you can trade on the tradestation and umarkets platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of tradestation or umarkets.

tradestation and umarkets Contact Details

Being able to contact an online trading platform easily is important. tradestation and umarkets have the following contact details and social medias that you can use.

tradestation
learn more about tradestation
umarkets
learn more about umarkets
Telephone Number
Email
Address
Twitter @ @
Facebook
Instagram
LinkedIn
YouTube

Your capital is at risk

Your capital is at risk

umarkets and tradestation Mobile App Comparison

It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms. In this part of our comparison of tradestation and umarkets we'll check whether either of their mobile apps tick all the boxes. We rate overall the user-friendliness of the apps as better than average. It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.

Search functions

Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?

tradestation
learn more about tradestation
umarkets
learn more about umarkets
App Basic Alerts Yes Yes
Watchlist Yes Yes
Watchlist Syncs Across Devices Yes No
Trading Indicators In App Yes Yes
Can Draw Trendlines In App Yes No
Can Move Drawn Trendlines In App Yes Yes
App Offers Multiple Timeframes Yes No
App Saves Charts Yes Yes
App Has Economic Calendars Yes Yes

Your capital is at risk

Your capital is at risk

Review - Awards

tradestation
learn more about tradestation
umarkets
learn more about umarkets
Awards At the time of writing this tradestation review, and despite tradestation’s impressive offering, the company has surprisingly not garnered any other awards to date. At the time of writing this umarkets review, and despite umarkets’s impressive offering, the company has surprisingly not garnered any other awards to date.

tradestation vs umarkets - Frequently Asked Questions

tradestation vs umarkets - Headquarters and year of founding

tradestation was founded in 2014 and has its head office in Cyprus.

umarkets was founded in 2018 and has its head office in Bulgaria.

What is the minimum deposit for tradestation or umarkets

The minimum deposit for tradestation is $250.

The minimum deposit for umarkets is $250.

Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both tradestation and umarkets are a good option.

tradestation vs umarkets - Regulation And Licencing In More Detail

tradestation is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F329.

umarkets is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F333.

Both tradestation and umarkets have a powerful collection of rules for ensuring fair trading on their individual platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).

In accordance with their own privacy policies, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.

Compare tradestation vs umarkets Commission And Fees

tradestation and umarkets are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the businesses of online trading platforms are scaled better. In other words, an internet broker isn't necessarily influenced by the amount of customers they have.

However, this doesn't necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are mainly 3 different types of penalties for this purpose.

The first kind of charges to look out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you are billed trading fees. In such cases, you are paying a spread, financing rate, or even a commission. The sorts of trading charges and the prices differ from broker to broker.

Commissions can be fixed or determined by the traded quantity. On the other hand, a spread denotes the gap between the buying and selling price. Funding or overnight prices are those who are charged when you hold a leveraged position for longer than daily.

Apart from trading charges, online agents also bill non-trading fees. These are determined by the activities you undertake on your accounts. They are billed for operations like depositing cash, not investing for long periods, or withdrawals.

Generally, neither tradestation or umarkets charge high fees compared to other online brokers. For operations other agents fee for, they do not charge a broker fee, or they charge a lesser sum. This is beneficial for people who regularly trade, for example weekly or daily trading.

However, non-trading fees billed by tradestation and umarkets are comparatively lower. As a result, you are charged more for non-trading actions in your trading accounts, like deposits and withdrawal. These are not related to the purchase and sale of resources.

This tradestation vs umarkets review for 2022 breaks down every one of the applicable non-trading fees for you in detail.

Compare Broker Fees For tradestation And umarkets

tradestation
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umarkets
learn more about umarkets
Minimum Deposit $250 $250
Withdrawal Fees No Yes
Inactivity Fees No Yes
Deposit Fees No No
CFD Fees No No

What Languages Do tradestation and umarkets Support?

Being able to talk completely with your trading broker is a key way of comparing brokers to find the best broker. Not only for support but to ensure you understand everything on their site and inside their application as it is a key part of success when trading forex.

Below you can find the languages that both tradestation and umarkets offer communication in.

tradestation
learn more about tradestation
umarkets
learn more about umarkets
Languages English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic

How Many Clients Do tradestation and umarkets Have?

Both tradestation and umarkets are well known and trusted. It is important to work with a broker that is reputable and one of the most simple ways of establishing this is by knowing how many customers are using their services.

Below you will find details of how many users tradestation and umarkets have

tradestation
learn more about tradestation
umarkets
learn more about umarkets
Clients 3,500,000+ 10,000+

What Payment Methods Do tradestation and umarkets Accept?

tradestation and umarkets both offer a wide range of payment options which is vital when you have a global customer base.

Below you will find details of all the payment options available at tradestation and umarkets

tradestation
learn more about tradestation
umarkets
learn more about umarkets
Bank Transfers Yes Yes
Credit Cards Yes Yes
PayPal Yes Yes
Skrill Yes Yes
Payoneer Yes Yes
Neteller Yes Yes

What Can You Trade With tradestation and umarkets?

tradestation offers 212 trading instruments whilst umarkets offers Array.

Below you will find a full breakdown of what both tradestation and umarkets offer

tradestation
learn more about tradestation
umarkets
learn more about umarkets
Total Forex Pairs 182 186
Major Forex Pairs Yes Yes
Minor Forex Pairs Yes Yes
Exotic Forex Pairs Yes Yes
Commodities Yes Yes
Metals Yes Yes
Energies Yes Yes
Agricultural No No
Total Shares 172 176
UK Shares No No
US Shares No No
German Shares Yes Yes
Japanese Shares No No