Alpha FX vs UFX

Alpha FX vs UFX Comparison Table 2023
Alpha FX	UFX
Review Not Yet Rated Alpha FX is #38 in our broker rankings. Alpha FX only accept professional traders.	Review 0.8 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.
Traders from US accepted	Traders from US not accepted
Alpha FX is a sophisticated forex broker supporting spot, forwards and options trading on 88 currency pairs with a selective, tailored experience and dedicated analysts for clients.	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.
Pros
	Regulatory oversight Full range of investments Multiple payment methods offered Low minimum deposit Demo account
Cons
	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
Options, Forex	ETFs, Commodities, Forex, Stocks, Indices, CFDs
Demo Account
No	Yes
Minimum Deposit
N/A	$100
Payment Methods
	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
N/A	$1
Regulator
FCA, FINTRAC, FSA	CySEC
Margin Trading
Yes	Yes
MetaTrader 4
No	No
MetaTrader 5
No	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	Yes
STP Account
No	Yes
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	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
No	iOS & Android
Auto Trading
	Yes (EAs)
Copy Trading
No	No
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	Yes
Demo Competitions
No	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$100
Islamic Account
No	Yes
Account Currencies
	USD
Stock Exchanges
	Australian Securities Exchange Borsa Italiana Dow Jones FTSE UK Index London Stock Exchange Nasdaq New York Stock Exchange
Commodities
	Corn Gold Natural Gas Oil Palladium Platinum Silver
CFD Trading
CFD trading not offered	Invest in various markets without owning the underlying asset. Also trade with leverage.
Leverage
	1:30
FTSE Spread
	Variable
GBPUSD Spread<
	3 - 5 pips
Oil Spread
	5 - 8 pips
Stocks Spread
	Variable
Forex Trading
Alpha FX provides premium forex trading support for a range of major, minor and exotic currency pairs.	Trade over 60 forex pairs with advanced analysis tools.
GBPUSD Spread
8	3 - 5 pips
EURUSD Spread
2	2 - 4 pips
EURGBP Spread
4	4 - 5 pips
Assets
88	65+

Review	Review
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