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Read our In-Depth umarkets vs zulutrade Review - 2021 Update

This umarkets vs zulutrade review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

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

So you are looking for a broker and are choosing between umarkets or zulutrade. Who is better in 2021?

This umarkets vs zulutrade review contains the most recent information so you can easily compare umarkets and zulutrade

If you're a new entrant in the world of trading and brokerage, so many facts will be confusing for you. Getting into the area of trading demands expert assessing skills and comprehensive understanding. You will acquire adept at all the concepts of brokerage as you keep trading. For starters, you need to select the right agent who'll be transparent with you constantly.

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

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

Our entire umarkets vs zulutrade Review covers all you will need to learn about trading using either umarkets or zulutrade. A good agent can multiply your first investments and give you favorable profits. If you want to make profits, you should trade with a brokerage service that aligns with your investment objectives.

There\'s absolutely no sure-fire method to ensure profits; therefore, you must carefully assess your agent before you select them. It's a common misconception that all brokers are the same, but that is not true. Wrong judgment, initially, can put your investments in danger.

umarkets and zulutrade are both brokers which have paved their way successfully into the broker world. In this review, we\'ve tried to collate a number of the important facets of both umarkets and zulutrade. This review will allow you to know whether either umarkets or zulutrade is a fantastic fit for your own investments or not. We have attempted to breakdown all the features and charges for your advantage.

Compare umarkets vs zulutrade

Every online trading platform will have some ups and downs, and no umarkets and zulutrade review would be complete without having a balanced approach. Compare umarkets and zulutrade to understand how they stack up against each other before you open an account. A comparative analysis can put things into perspective so that you are aware of what to expect.


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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 zulutrade

zulutrade

Benefits of zulutrade

Established in 2019

Headquartered in Geneva

Minimum Deposit of $250

(Your capital is at risk)

zulutrade 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-F334 Regulations

zulutrade Languages

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

zulutrade Fees

Deposit FeesYes
Inactivity FeesNo
Withdrawal FeesNo
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 umarkets and zulutrade Compared

umarkets has a minimum deposit of $250 while zulutrade has a $250 minimum deposit.

Why smaller minimum deposits are good and how umarkets and zulutrade 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.

umarkets allows you to trade around 216 financial instruments while zulutrade has around 217 available.

The more financial instruments you can trade on the umarkets and zulutrade 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 should never want to miss out on a trading opportunity due to the limitations of umarkets or zulutrade.

umarkets and zulutrade Contact Details

Being able to contact a broker through many ways is vital. umarkets and zulutrade have the following contact details and social medias that you can use.

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

Your capital is at risk

Your capital is at risk

zulutrade and umarkets 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 umarkets and zulutrade we'll check whether either of their mobile apps tick all the boxes. We rate overall the user-friendliness of both apps as better than average. It is important that any trading app has user friendly capabilities especially with the

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 only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?

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

Your capital is at risk

Your capital is at risk

umarkets vs zulutrade - Frequently Asked Questions

umarkets vs zulutrade - Headquarters and year of founding

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

zulutrade was founded in 2019 and has its headquaters in Geneva.

What is the minimum deposit for umarkets or zulutrade

The minimum deposit for umarkets is $250.

The minimum deposit for zulutrade 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 umarkets and zulutrade are a good choice.

umarkets vs zulutrade - Regulation And Licencing In More Detail

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.

zulutrade 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-F334.

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

In accordance with their own privacy policies, client information is never to be shared with any other institutions or individuals. Including credit history and other financial information.

Compare umarkets vs zulutrade Commission And Fees

umarkets and zulutrade are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online trading platforms are scaled much better. That is, an internet broker is not necessarily influenced by the number of customers they have.

However, this doesn't necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are mainly 3 types of penalties for this purpose.

The first kind of charges to keep an eye out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are billed trading fees. In such cases, you are paying a spread, funding speed, or a commission. The kinds of trading charges and the prices differ from broker to broker.

Commissions could be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling cost. Financing or overnight rates are people who are billed when you maintain a leveraged position for longer than daily.

Aside from trading fees, online brokers also charge non-trading fees. These are dependent on the actions you undertake on your accounts. They are charged for surgeries like depositing money, not investing for lengthy periods, or withdrawals.

Generally, neither umarkets or zulutrade charge high fees compared to other online agents. For operations other brokers fee for, they either do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for those who regularly trade, such as weekly or daily trading.

But, non-trading fees billed by umarkets and zulutrade are relatively competitive. As a result, you are charged more for non-trading activities on your trading account, like withdrawal and deposits. These aren't related to the sale and purchase of resources.

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

Compare broker fees for umarkets and zulutrade

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

What Languages Do umarkets and zulutrade Support?

Being able to communicate completely with your trading platform is a key part of comparing brokers to find your perfect trading partner. Not only for support but to be sure you understand everything on their site and inside their app as it is a key factor to success when trading forex.

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

umarkets
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zulutrade
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Languages English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic

How Many Clients Do umarkets and zulutrade Have?

Both umarkets and zulutrade are well known and trusted. It is important to work with a broker you can trust and one of the easiest ways of understanding this is by knowing how many clients they already work with.

Below you will find details of how many customers umarkets and zulutrade are active on their platform

umarkets
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zulutrade
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Clients 10,000+ 10,000+

What Payment Methods Do umarkets and zulutrade Accept?

umarkets and zulutrade 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 umarkets and zulutrade

umarkets
learn more about umarkets
zulutrade
learn more about zulutrade
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 umarkets and zulutrade?

umarkets offers 216 trading instruments while zulutrade offers Array.

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

umarkets
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zulutrade
learn more about zulutrade
Total Forex Pairs 186 187
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 176 177
UK Shares No No
US Shares No No
German Shares Yes Yes
Japanese Shares No No