Alpari vs UFX

Alpari vs UFX Comparison Table 2024
Alpari	UFX
Review 3.8	UFX has closed.

Alpari is an offshore multi-asset broker that offers traders a wide range of forex trading opportunities as well as stock, index and commodity CFDs. The broker also offers fixed costs with payouts known upfront. Trading takes place on the reliable MT4 and MT5 platforms, plus the brand's mobile app. Alpari offers tight ECN spreads which will serve active day traders.	UFX are forex trading specialists that also offer popular stocks, ETFs, indices, and commodities. Offering tight spreads and one of the best ranges of major and minor pairs, they are a great option for aspiring FX investors.
Bonus Offer
30% up to $100 (terms apply)
Comment by Reviewer
"Alpari will suit short-term binary options traders with a low $5 deposit, powerful charting terminals, and a rebate scheme. Forex traders also get very high leverage with tight spreads while the broker's PAMM service will appeal to hands-off investors."	"We do not recommend UFX. We have received numerous complaints about Account Managers forcing deposits and trades, and the website also no longer functions properly. Avoid."
Pros
Low or no commissions are available and there are tight spreads on ECN accounts There's an excellent choice of funding options with no fees Cashback schemes are available for high-volume traders Alpari supports both the MT4 and MT5 platforms with support for Expert Advisors (EAs) Copy trading and PAMM services are also available for day traders The broker offers high leverage up to 1:1000 for experienced clients	Regulatory oversight Full range of investments Multiple payment methods offered Low minimum deposit Demo account
Cons
The lack of educational resources is disappointing compared to alternatives There are fairly high charges for strategy manager copy trading tools The market analysis and research tools are limited	No copy trading No MT4 integration
Awards
	Best Forex Trading Tools - MassInsights™ Technology - UK Forex Awards Winner 2016 & 2017 FX Director of the Year - Dennis de Jong - The European 2016 & 2017 FX Broker of the Year - The European 2016 & 2017 Best Trader Loyalty Programme - UFX Rewards - FX Report Awards 2016 Best Trading Platform - MassInsights™ Technology - FX Report Awards 2016
Instruments
Forex, CFDs, Stocks, Commodities, Indices, Crypto	ETFs, Commodities, Forex, Stocks, Indices, CFDs
Demo Account
Yes	Yes
Minimum Deposit
$5	$100
Trading Platforms
MT4 MT5	TradingCentral
Payment Methods
ADVcash Bitcoin Payments Credit Card Ethereum Payments FasaPay Mastercard Wire Transfer	American Express Bitcoin Payments Cashu Credit Card Debit Card Diners Club Giropay iDeal Maestro Mastercard Neteller Paysafecard POLi QIWI Skrill Sofort Visa WebMoney Wire Transfer
Minimum Trade
0.01 Lots	$1
Regulator
FSC, SEBI, JFSA	CySEC
Margin Trading
No	Yes
STP Account
No	Yes
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
Yes	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS & Android
Android App Rating
3.6
iOS App Rating
3.6
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	No
Copy Trading Platform
Users can follow experienced strategy managers at Alpari, including seasoned forex traders. The broker offers account ratings to help you find a suitable provider as well as notifications on returns and one-click deposits and withdrawals.
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	Yes
Demo Competitions
Yes	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$5	$100
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CZK NGN	USD
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange Japan Exchange Group Nasdaq S&P 500	Australian Securities Exchange (ASX) Borsa Italiana Dow Jones FTSE UK Index London Stock Exchange Nasdaq New York Stock Exchange
Commodities
Gold Natural Gas Silver	Corn Gold Natural Gas Oil Palladium Platinum Silver
CFD Trading
Alpari offers CFDs on 60+ forex pairs, hundreds of global stocks, 11 stocks indices and spot metals and energies. Trading takes place via the MT4 or MT5 platforms, and the broker provides strategy and copy trading support as well as educational resources and 24/5 multilingual customer service.	Invest in various markets without owning the underlying asset. Also trade with leverage.
Leverage
1:1000	1:30
FTSE Spread
13	Variable
GBPUSD Spread
0.7	3 - 5 pips
Oil Spread
4.0	5 - 8 pips
Stocks Spread
2.0	Variable
Forex Trading
Alpari traders can access 60+ currency pairs and crosses via CFDs on the MT4 and MT5 platforms. The broker offers very competitive pricing, especially on the ECN Pro account which is commission free. Significant leverage up to 1:1000 is available.	Trade over 60 forex pairs with advanced analysis tools.
GBPUSD Spread
0.7	3 - 5 pips
EURUSD Spread
0.4	2 - 4 pips
EURGBP Spread
0.6	4 - 5 pips
Assets
50+	65+
Currency Indices
USD
Cryptocurrency
Alpari offers a solid selection of popular crypto tokens paired with the USD. Spreads are competitive, starting at 1 and users can analyze the digital asset markets with the leading MetaTrader platforms, including on the weekends.	Crypto trading not offered
Spread
1
Coins
AVE BTC BCH ADA LINK DAI DOGE EOS ETH ECH FIL LTC XMR DOT XRP MATIC SOL XLM USDT TRON UNI USDC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	UFX has closed.
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