EFG Hermes vs UFX

EFG Hermes vs UFX Comparison Table 2023
EFG Hermes UFX
Not Yet Rated

EFG Hermes is #13 in our CFD broker rankings.

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.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

EFG Hermes is a MENA-focused online broker that offers OTC securities and CFD trading in a wide range of markets.

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
Stocks, CFD, Forex ETFs, Commodities, Forex, Stocks, Indices, CFDs
Demo Account
Yes Yes
Minimum Deposit
$0 $100
Payment Methods
Minimum Trade
No $1
Regulator
DIFC 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
iOS & Android 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
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
Stock Exchanges
Commodities
CFD Trading
Clients can speculate on a range of CFDs, encompassing foreign exchange, equities, indices and commodities. Invest in various markets without owning the underlying asset. Also trade with leverage.
Leverage
Variable 1:30
FTSE Spread
Variable Variable
GBPUSD Spread<
Variable 3 - 5 pips
Oil Spread
Variable 5 - 8 pips
Stocks Spread
Variable Variable
Forex Trading
EFG Hermes supports spot and CFD forex day trading through both its desktop and mobile platforms. Trade over 60 forex pairs with advanced analysis tools.
GBPUSD Spread
Variable 3 - 5 pips
EURUSD Spread
Variable 2 - 4 pips
EURGBP Spread
Variable 4 - 5 pips
Assets
N/A 65+
More Comparisons
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