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Eightcap vs UFX 2022

Is Eightcap better than UFX? In our analysis of 23 international regulators across 39 brokers, Eightcap is considered average-risk, with an overall Trust Score of 87 out of 99. UFX is considered high-risk, with an overall Trust Score of 67 out of 99. Learn more about Trust Score.

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Overall Rating expand_moreexpand_less Eightcap UFX
Overall Rating starstarstarstarstar starstarstarstarstar
Commissions & Fees starstarstarstarstar starstarstarstarstar
Offering of Investments starstarstarstarstar starstarstarstarstar
Platform & Tools starstarstarstarstar starstarstarstarstar
Mobile Trading starstarstarstarstar starstarstarstarstar
Research starstarstarstarstar starstarstarstarstar
Education starstarstarstarstar starstarstarstarstar
Trust Score 87 67
Regulation expand_moreexpand_less Eightcap UFX
Trust Score 87 67
Year Founded 2009 2011
Publicly Traded (Listed) No No
Bank No No
Tier-1 Licenses 2 0
Tier-2 Licenses 1 1
Tier-3 Licenses 1 0
Authorised in European Union Yes Yes
Tier-1 Licenses (High Trust) expand_moreexpand_less Eightcap UFX
ASIC Authorised (Australia) Yes No
IIROC Authorised (Canada) No No
SFC Authorised (Hong Kong) No No
CBI Authorised (Ireland) No No
FSA Authorised (Japan) No No
MAS Authorised (Singapore) No No
FINMA Authorised (Switzerland) No No
FCA Authorised (U.K.) Yes No
CFTC Registered (USA) No No
FMA Authorised (New Zealand) No No
Tier-2 Licenses (Average Trust) expand_moreexpand_less Eightcap UFX
CBRC Authorised (China) No No
CySEC Authorised (Cyprus) Yes Yes
NSE Authorised (India) No No
ISA Authorised (Israel) No No
CBR Authorised (Russia) No No
FSCA Authorised (South Africa) No No
SEC Authorised (Thailand) No No
DFSA / Central Bank Authorised (UAE) No No
Tier-3 Licenses (Low Trust) expand_moreexpand_less Eightcap UFX
SCB Authorised (Bahamas) No No
IFSC Authorised (Belize) No No
CIMA Authorised (Cayman Islands) No No
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands) No No
FSC Authorised (Mauritius) No No
VFSC Authorised (Vanuatu) Yes No
Investments expand_moreexpand_less Eightcap UFX
Forex Trading Yes Yes
Trading - Forex or CFDs Yes Yes
Tradeable Symbols (Total) 326 619
Forex Pairs (Total) 45 49
U.S. Stock Trading (Non CFD) No No
Int'l Stock Trading (Non CFD) No No
Social Trading / Copy Trading Yes Yes
Cryptocurrency (Physical) No No
Cryptocurrency (CFD) Yes Yes
Cost expand_moreexpand_less Eightcap UFX
Average Spread EUR/USD - Standard N/A 3 (Jan 2021)
All-in Cost EUR/USD - Active 0.76 2 (Jan 2021)
Active Trader or VIP Discounts No Yes
Execution: Agency Broker Yes Yes
Execution: Market Maker Yes No
Funding expand_moreexpand_less Eightcap UFX
Minimum Initial Deposit $100 $100
Bank Wire (Deposit/Withdraw) Yes Yes
Visa/Mastercard (Credit/Debit) Yes Yes
PayPal (Deposit/Withdraw) Yes No
Skrill (Deposit/Withdraw) Yes Yes
Trading Platforms expand_moreexpand_less Eightcap UFX
Proprietary Platform No Yes
Desktop Platform (Windows) Yes Yes
Web Platform Yes Yes
Social Trading / Copy Trading Yes Yes
MetaTrader 4 (MT4) Yes Yes
MetaTrader 5 (MT5) Yes Yes
cTrader No No
DupliTrade No No
ZuluTrade No No
Trading Tools expand_moreexpand_less Eightcap UFX
Virtual Trading (Demo) Yes Yes
Alerts - Basic Fields Yes Yes
Watchlists - Total Fields 7 7
Charting - Indicators / Studies (Total) 30 116
Charting - Drawing Tools (Total) 15 17
Charting - Trade From Chart Yes No
Charts can be saved Yes Yes
Mobile Trading expand_moreexpand_less Eightcap UFX
Android App Yes Yes
Apple iOS App Yes Yes
Mobile Alerts - Basic Fields Yes Yes
Mobile Watchlist Yes Yes
Watchlist Syncing No Yes
Mobile Charting - Indicators / Studies 30 30
Mobile Charting - Draw Trendlines Yes Yes
Mobile Charting - Multiple Time Frames Yes Yes
Mobile Charting - Drawings Autosave No No
Forex Calendar Yes Yes
Research expand_moreexpand_less Eightcap UFX
Daily Market Commentary Yes No
Forex News (Top-Tier Sources) No Yes
Autochartist No No
Trading Central (Recognia) No Yes
Social Sentiment - Currency Pairs No Yes
Economic Calendar No Yes
Education expand_moreexpand_less Eightcap UFX
Has Education - Forex or CFDs Yes No
Client Webinars No No
Client Webinars (Archived) Yes No
Videos - Beginner Trading Videos Yes No
Videos - Advanced Trading Videos No No
Investor Dictionary (Glossary) Yes No
Major Forex Pairs expand_moreexpand_less Eightcap UFX
GBP/USD Yes Yes
USD/JPY Yes Yes
EUR/USD Yes Yes
USD/CHF Yes Yes
USD/CAD Yes Yes
NZD/USD Yes Yes
AUD/USD Yes Yes
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Eightcap vs UFX Comparison

Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare Eightcap vs UFX.

Does Eightcap or UFX offer lower pricing?

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, Eightcap offers better pricing overall for traders.

Is Eightcap or UFX safer for forex and CFDs trading?

At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Eightcap holds 2 global Tier-1 licenses, while UFX holds 0. Both Eightcap and UFX hold [Variable A] global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, Eightcap earned a higher Trust Score than UFX.

Which trading platform is better: Eightcap or UFX?

To compare the trading platforms of both Eightcap and UFX, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Eightcap offers a better experience. With research, Eightcap offers superior market research. Finally, we found Eightcap to provide better mobile trading apps.

What about MetaTrader and copy trading?

For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both Eightcap and UFX offer MetaTrader 4 (MT4).Eightcap and UFX both offer copy trading.

How many forex pairs and CFDs are available to trade?

Can I trust Eightcap?

Eightcap is not publicly traded and does not operate a bank. Eightcap is authorised by two tier-1 regulators (high trust), zero tier-2 regulators (average trust), and one tier-3 regulators (low trust). Eightcap is authorised by the following tier-1 regulators: Financial Conduct Authority (FCA) and the Australian Securities & Investment Commission (ASIC).

Can I trust UFX?

UFX is not publicly traded and does not operate a bank. UFX is authorised by zero tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust).

Is Eightcap good?

Eightcap enhances its status as a MetaTrader-only broker with support for a suite of third-party plug-ins and access to Capitalise.ai’s algorithmic trading platform.

Is UFX good?

Overall winner: Eightcap

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