UFX vs Binance
| UFX | Binance |
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UFX has closed.
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3.5
Binance is being sued by the SEC for a range of securities violations, including the commingling of client funds and 'wash trading' against its customers to artificially increase crypto prices. Your funds may be at risk if you trade with Binance. We do not recommend making any deposits.
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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. |
Binance is one of the best-known crypto exchanges. The company is available in more than 180 countries with over 120 million registered customers. The platform offers a suite of crypto trading products, from staking and NFTs to derivatives. |
| Comment by Reviewer | |
| "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." | "Binance will appeal to crypto investors looking to trade big tokens like Bitcoin plus niche coins with low fees. However, regulatory action and questionable handling of customer funds makes this firm too high-risk in our opinion." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| ETFs, Commodities, Forex, Stocks, Indices, CFDs | Cryptos |
| Demo Account | |
| Yes | No |
| Minimum Deposit | |
| $100 | $0 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| $1 | $10 |
| Regulator | |
| CySEC | |
| Margin Trading | |
| Yes | Yes |
| STP Account | |
| Yes | No |
| 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 | Yes |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| iOS & Android | Yes |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | |
| Copy Trading | |
| No | No |
| Social Trading | |
| No | No |
| VPS Hosting | |
| No | No |
| Tournaments | |
| Yes | No |
| Demo Competitions | |
| Yes | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $100 | |
| Islamic Account | |
| Yes | No |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Invest in various markets without owning the underlying asset. Also trade with leverage. | CFD trading not offered |
| Leverage | |
| 1:30 | |
| FTSE Spread | |
| Variable | |
| GBPUSD Spread | |
| 3 - 5 pips | |
| Oil Spread | |
| 5 - 8 pips | |
| Stocks Spread | |
| Variable | |
| Forex Trading | |
| Trade over 60 forex pairs with advanced analysis tools. | Forex trading not offered |
| GBPUSD Spread | |
| 3 - 5 pips | |
| EURUSD Spread | |
| 2 - 4 pips | |
| EURGBP Spread | |
| 4 - 5 pips | |
| Assets | |
| 65+ | |
| Cryptocurrency | |
| Crypto trading not offered | Binance is one of the world's largest crypto exchanges. There is a vast range of products available including Binance Pool, Staking and an NFT Marketplace. |
| Spread | |
| Variable fees with account tiers | |
| Coins | |
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| Crypto Lending | |
| No | Yes |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | Yes |
| Auto Market Maker | |
| No | No |
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UFX has closed.
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| More Comparisons | |
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UFX vs |
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