Alpari vs UFX

Alpari vs UFX Comparison Table 2023
Alpari Review 2023 UFX Review 2023
3.8
UFX Review 2023 has closed.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

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's fix contracts also offer fixed costs with payouts known upfront. Trading takes place on the MetaTrader 4 and MetaTrader 5 platforms, plus the brand's mobile app. Alpari offers tight spreads on ECN accounts and commission-free spreads from 1.2 pips on standard accounts.

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 and welcome bonus. 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 commission and tight spreads on ECN accounts
  • Excellent choice of funding options with no fees
  • Cashback for high-volume traders
  • Strong range of currency pairs
  • Supports MT4 and MT5 platforms
  • Welcome bonus for new traders
  • Copy trading and PAMM service
  • High leverage up to 1:1000
  • 20+ years track record
  • Regulatory oversight
  • Full range of investments
  • Multiple payment methods offered
  • Low minimum deposit
  • Demo account
Cons
  • Not available in the US
  • Limited selection of non-forex assets
  • High charges for strategy manager copy trading tools
  • Weak market research and analysis tools
  • 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
Stocks, CFD, Forex, Crypto ETFs, Commodities, Forex, Stocks, Indices, CFDs
Demo Account
Yes Yes
Minimum Deposit
$5 $100
Trading Platforms
  • MT4
  • TradingCentral
Payment Methods
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 & Windows iOS & Android
Auto Trading
Via Copy Trading choices 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
Commodities
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
1:400 1:30
FTSE Spread
13 Variable
GBPUSD Spread
0.7 var 3 - 5 pips
Oil Spread
4 pts 5 - 8 pips
Stocks Spread
Variable 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
UFX Review 2023 has closed.
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