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ATFX vs UFX 2023

BrokerNotes.co

Written by BrokerNotes.co

August 24, 2023

Trying to decide between ATFX and UFX? We’ve taken the guesswork out of the equation with our Comparison Tool. Use our tool to compare hundreds of data points, side-by-side, to see how these two brokers stack up against each other.

Based on our extensive research, hands-on testing, and expert analysis of over a hundred data-driven variables, we've determined that, overall, ATFX ranks more highly than UFX.

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Compare

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Overall Rating ATFX UFX
Overall Rating 6.6 / 10 6.6 / 10
Account Type ATFX UFX
Standard Trade Size (100,000 units) info Yes Yes
Mini Trade Size (10,000 units) info Yes Yes
Micro Trade Size (1,000 units) info Yes Yes
Islamic Account info No Yes
Copy Trading ATFX UFX
Social Trading / Copy Trading info Yes Yes
DupliTrade info No No
ZuluTrade info No No
Cryptocurrency ATFX UFX
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes Yes
Bitcoin info Yes Yes
ethereum info Yes Yes
Forex Trading (Spot or CFDs) ATFX UFX
Forex Trading (Spot or CFDs) info Yes Yes
Mobile Trading - Forex or CFDs info Yes Yes
Indices (Index CFDs) ATFX UFX
DAX info Yes Yes
Dow Jones info Yes Yes
FTSE info Yes Yes
NASDAQ 100 info Yes Yes
Nikkei info Yes Yes
SP 500 info Yes Yes
Investments ATFX UFX
Forex Trading (Spot or CFDs) info Yes Yes
Spread Betting info Yes No
Social Trading / Copy Trading info Yes Yes
Metals info Yes Yes
Energies info Yes Yes
Agriculturals info No No
ETF info Yes Yes
U.S. Stocks (CFD) info Yes Yes
Trading Platforms ATFX UFX
Apple iOS App info Yes Yes
Android App info Yes Yes
Proprietary Platform info No Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info No Yes
Regulatory Licenses ATFX UFX
Tier-1 Licenses info 2 0
Australia (ASIC Authorised) info No No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
European Union Authorised (MiFID) info Yes info Yes info
Tier-2 Licenses info 0 1
Tier-3 Licenses info 0 0
Research, Education ATFX UFX
Trading Central (Recognia) info Yes Yes
Forex News (Top-Tier Sources) info No Yes
Daily Market Commentary info Yes No
Autochartist info Yes No
Investor Dictionary (Glossary) info Yes No
Videos - Beginner Trading Videos info Yes No
Client Webinars (Archived) info Yes No
Trading Costs ATFX UFX
Minimum Deposit info $500 $100
Average Spread EUR/USD - Standard info N/A info 3 info
All-in Cost EUR/USD - Active info N/A info 2 info
Active Trader or VIP Discounts info No Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
PayPal (Deposit/Withdraw) info No No
Trading Tools ATFX UFX
Watchlists - Total Fields info 7 7
Mobile Watchlist info Yes Yes
Charting - Indicators / Studies (Total) info 30 116
Mobile Charting - Indicators / Studies info 7 30
Trust Factors ATFX UFX
Year Founded info 2017 2011
Publicly Traded (Listed) info No No
Bank info No No
European Union Authorised (MiFID) info Yes info Yes info
Trust Score info 67 67
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ATFX vs UFX Comparison

Comparing forex brokers side by side is no easy task. Our research team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry. Trying to decide between ATFX and UFX? Our independent database powered by our unbiased research will help you compare ATFX vs UFX side-by-side.

What is Trust Score?

Trust Score is a data-driven rating system that provides an at-a-glance rating of a broker’s overall trust by tracking 60+ brokers and over 100 regulatory jurisdictions across the globe. To make things clearer for everyday traders, we’ve created a five-tier system for regulators and Trust Score rating labels. Learn more about Trust Score, and check out our country guides to see the most trusted brokers in your country of residence.

Can I trust ATFX?

ATFX has a Trust Score of 67, giving it a "High Risk" Trust Score Label.

Can I trust UFX?

UFX has a Trust Score of 67, giving it a "High Risk" Trust Score Label.

Is ATFX a good broker?

Founded in 2015, ATFX is regulated in the U.K. by the FCA, but its lack of additional substantial regulatory licenses pulls down the broker's overall Trust Score. ATFX offers the popular MetaTrader 4 platform, but hasn't yet produced its own proprietary trading platform. ATFX demonstrates potential as a relatively new forex broker, but still has considerable room to improve across several key categories, such as its available range of markets and variety of trading platforms.

Is UFX a good broker?

UFX offers the full MetaTrader suite (MT4 and MT5) as well as its proprietary UFX Trader app. Though spreads at UFX are wider than the industry average, the broker does offer a growing selection of markets. That being said, and its own proprietary platform, as well as a growing selection of markets. That being said, UFX recently renounced it's only regulatory license. It's crucial to ensure that your forex broker is properly licensed before opening a trading account. Learn more about the importance of regulation in the forex industry by visiting our Trust Score page.

What Tier-1 jurisdictions is each broker regulated in?

Tier-1 is reserved for the strictest, most stringent regulatory jurisdictions in the world. Tier-1 regulators impose additional capital requirements and require a tougher initial screening process. ATFX holds regulatory licenses in the following Tier-1 jurisdictions: United Kingdom (U.K.) (FCA Authorised). UFX, on the other hand, is licensed in these Tier-1 regulatory jurisdictions: none. Neither have Australia (ASIC Authorised), Canada (CIRO Authorised), Hong Kong (SFC Authorised), CBI Authorised (Ireland), Japan (SFC Authorised), Singapore (MAS Authorised), New Zealand (FMA Authorised), Switzerland (FINMA Authorised) and USA (CFTC Authorized)

What Tier-2 jurisdictions is each broker regulated in? What about Tier-3?

Tier-2 and tier-3 licenses are still important in evaluating the overall trustworthiness of forex brokers. As far as tier-2 licenses go, ATFX is Cyprus (CySEC Authorised), while UFX is none.. Neither have China (CBRC Authorised), India (SEBI Authorised), Israel (ISA Authorised), Russia (CBR Authorised), South Africa (FSCA Authorised), Thailand (SEC Authorised) and UAE (DFSA/Central Bank Authorised). When comparing tier-3 licenses ATFX is Mauritius (FSC Authorised), while UFX is none.. Neither have Bahamas (SCB Authorised), Belize (FSC Authorised), Bermuda (BMA Authorised), British Virgin Islands (FSC Authorised), Cayman Islands (CIMA Authorised) and Vanuatu (VFSC Authorised).

Which broker offers more trading platforms?

Whether your broker develops its own proprietary platforms or provides access to popular third-party platforms, you should make sure you can use your preferred type of trading platform. In our testing, we found that ATFX offers a Desktop Platform (Windows), whereas UFX supports a Proprietary Platform and Desktop Platform (Windows). Neither have cTrader, DupliTrade and ZuluTrade

Does ATFX offer MetaTrader? Does UFX offer MetaTrader?

For MetaTrader ATFX provides MetaTrader 4 (MT4), while UFX provides MetaTrader 4 (MT4) and MetaTrader 5 (MT5). If MetaTrader is a must for you, read our guides on the best MT4 brokers or best MT5 brokers.

How do ATFX and UFX differ in terms of minimum deposit? What about average spreads and funding options?

ATFX requires a minimum deposit of $500, while UFX requires a minimum deposit of $100. You'll also want to make sure that your broker accepts the funding options and deposit methods that work best for you. In our testing, we've found that both ATFX and UFX offer Bank Wire (Deposit/Withdraw), Visa/Mastercard (Credit/Debit) and Skrill (Deposit/Withdraw) for deposits. Neither have PayPal (Deposit/Withdraw)

Which broker offers more tradeable asset classes, ATFX or UFX?

When choosing a forex broker, it’s important to consider each broker’s available investment products and tradeable asset classes. We’ve researched each broker’s individual offering of investments to help you pick the right broker for what you want to trade. During our testing, we found that ATFX delivers a more diverse selection of investment options than UFX, offering tradeable asset classes and investment types such as Forex Trading (Spot or CFDs), Spread Betting, Social Trading / Copy Trading, Metals, Energies, ETF and U.S. Stocks (CFD). Neither have Agriculturals.

We also keep track of each broker’s total number of tradeable symbols; ATFX offers 150, and UFX offers a total of 619 tradeable symbols.

Can I trade cryptocurrency with ATFX or UFX?

Crypto trading has become popular among forex traders across a range of international jurisdictions. As a result, many forex brokers now offer crypto products to their clients; most crypto assets are offered either as an underlying physical asset (such as when you own actual bitcoin assets, for example) or as a derivative product like a CFD. If you are looking to trade physical cryptocurrencies, you’ll find that neither ATFX nor UFX allow you to trade physical cryptocurrencies.

Who offers more research tools, ATFX or UFX?

Market research plays a huge role in any forex trader’s ability to conduct analysis within the global forex market. We test each broker’s research offering to help you decide which broker is right for your technical or fundamental analysis needs. ATFX delivers the following research tools: Autochartist, Daily Market Commentary, Stock Charts, Trading Central (Recognia) and Social Trading / Copy Trading. UFX, on the other hand, provides the tools listed here: Stock Charts, Forex News (Top-Tier Sources), Trading Central (Recognia) and Social Trading / Copy Trading

Broker Reviews

Still looking for more information, read our broker reviews.

ATFX Review

UFX Review

Overall winner: ATFX

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We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.

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