UFX vs RaceOption

UFX vs RaceOption Comparison Table 2023
UFX RaceOption
WINNER
RaceOption is the better broker
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 not accepted
3.5
United States Flag Traders from US accepted
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. RaceOption is a binary options and CFD platform offering trading contests and prize giveaways.
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
Bonus
Trading contests & prize giveaways
Instruments
ETFs, Commodities, Forex, Stocks, Indices, CFDs Binary Options, CFDs
Demo Account
Yes Yes
Minimum Deposit
$100 $250
Payment Methods
Minimum Trade
$1 $1
Regulator
CySEC
Margin Trading
Yes Yes
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No No
Trading Central
Yes No
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 No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Yes (EAs)
Copy Trading
No Yes
Copy Trading Platform
Replicate the positions and strategies of multiple traders while leveraging the RaceOption leaderboard.
Social Trading
No No
VPS Hosting
No No
Tournaments
Yes Yes
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
  • USD
  • USD
  • EUR
  • GBP
  • RUB
Stock Exchanges
Commodities
CFD Trading
Invest in various markets without owning the underlying asset. Also trade with leverage. Go long and short on popular financial markets via the RaceOption platform
Leverage
1:30 1:100
FTSE Spread
Variable Floating
GBPUSD Spread<
3 - 5 pips Floating
Oil Spread
5 - 8 pips Floating
Stocks Spread
Variable Floating
Forex Trading
Trade over 60 forex pairs with advanced analysis tools. Trade major and minor currency pairs with competitive leverage rates
GBPUSD Spread
3 - 5 pips Floating
EURUSD Spread
2 - 4 pips Floating
EURGBP Spread
4 - 5 pips Floating
Assets
65+ 25+
Cryptocurrency
Crypto trading not offered Trade Bitcoin against the USD and CNY
Spread
Floating
Coins
  • BTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Binary options trading not offered RaceOption offers binary options on popular financial markets with payouts up to 90%. The broker also runs regular trading contests.
Payout
90%
Expiry Times
30 seconds - 1 month
Ladder Options
No Yes
Boundary Options
No No
More Comparisons
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