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Pepperstone vs UFX 2019

Is Pepperstone better than UFX? After assessing forex brokers on nearly 100 different variables, Pepperstone is better than UFX. Pepperstone is an agency-execution broker offering competitive fees on its commission-based Razor Account, giving traders access to nearly 90 instruments, including forex and CFDs on popular markets including cryptocurrencies, across multiple third-party trading platforms.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature Pepperstone UFX
Overall 3.5 3.5
Pepperstone Review UFX Review
79% of retail CFD accounts lose money 74-89% of retail CFD accounts lose money

Regulation

Feature Pepperstone UFX
Trust Score 79 66
Year Founded
2010 2011
Publicly Traded (Listed)
No No
Bank
No No
Tier-1 Licenses
2 0
Tier-2 Licenses
0 1
Tier-3 Licenses
0 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses

Feature Pepperstone UFX
ASIC Authorised (Australia)
Yes No
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
No No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
Yes No
CFTC Registered (USA)
No No

Investments

Feature Pepperstone UFX
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes Yes
Currency Pairs (Total Forex pairs)
59 49
CFDs - Total Offered
86 461
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes Yes
Offering of Investments 3 3.5
Winner check_circle

Cost

Feature Pepperstone UFX
Average Spread EUR/USD - Standard
1.16 (as of May 19) 3 (as of May 19)
All-in Cost EUR/USD - Active
0.86 (as of May 19) 2 (as of May 19)
Active Trader or VIP Discounts
Yes Yes
Commissions & Fees 4 3
Winner check_circle

Funding

Feature Pepperstone UFX
Minimum Initial Deposit
$200.00 $100
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
Yes No
Skrill (Deposit/Withdraw)
Yes No

Trading Platforms

Feature Pepperstone 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 No
cTrader
Yes No

Trading Tools

Feature Pepperstone UFX
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes No
Watchlists - Total Fields
7
Charting - Indicators / Studies (Total)
51 53
Charting - Drawing Tools (Total)
31 21
Charting - Trade From Chart
Yes No
Charting - Drawings Autosave
Yes No
Order Type - Trailing Stop
Yes No
Platform & Tools 3.5 4
Winner check_circle

Mobile Trading

Feature Pepperstone UFX
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes Yes
Trading - CFDs
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
Yes Yes
Charting - Indicators / Studies
30 63
Charting - Draw Trend Lines
Yes Yes
Charting - Trend Lines Moveable
Yes Yes
Charting - Multiple Time Frames
Yes No
Charting - Drawings Autosave
No No
Forex Calendar
No No
Mobile Trading 3 3.5
Winner check_circle

Research

Feature Pepperstone UFX
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
No No
AutoChartist
Yes No
Trading Central (Recognia)
No No
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes Yes
Economic Calendar
Yes Yes
Research 4 3.5
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Education

Feature Pepperstone UFX
Has Education - Forex
Yes No
Has Education - CFDs
No No
Client Webinars
Yes No
Client Webinars (Archived)
Yes No
Videos - Beginner Trading Videos
Yes No
Videos - Advanced Trading Videos
Yes No
Investor Dictionary (Glossary)
Yes No
Education 3 1
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Major Forex Pairs

Feature Pepperstone 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

Overall

Feature Pepperstone UFX
Pepperstone Review UFX Review
Overall 3.5 3.5
Winner check_circle
After spending several months and hundreds of hours researching 28 different forex brokers for trading FX, our team at ForexBrokers.com team collected over 2,200 data points. For this review, we will compare Pepperstone vs UFX.

To compare these two FX brokers, we will first take a look at the fees charged for trading (no easy task). Not every forex broker publicizes their average spreads, spreads data can vary, as can execution policies and how commissions are charged. Specifically, is the broker a dealing desk (market maker), no dealing desk (agency broker) or are both execution methods offered (dealing desk + STP/ECN)? To simplify this research, we assessed everything for you and provide a single star rating for cost. Pepperstone is a better option with a 4.00 star rating over UFX's 3.00 star rating.

Commissions and fees aside, let's take a look at regulation and currency availability. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. Pepperstone and UFX both are regulated in a major hub. Pepperstone nor UFX are publicly traded companies. As far as how many currency pairs are available for trading, here's the answer. UFX trails Pepperstone by 10 total currency pairs (for example, EUR/USD), with Pepperstone offering 59 and UFX offering 49.

Next, let's look at the tools and features fx traders desire. With trading platforms, forex traders are all familiar with MetaTrader. Pepperstone and UFX both offer Meta Trader. Regardless of the trading platform you use, charting should be feature rich. To help compare these two brokers, we counted the number of drawing tools and total technical indicators made available. Pepperstone boasts an offering of 31 charting tools compared to UFX's 21 available charting tools. UFX boasts an offering of 53 different indicators (for example, moving averages) compared to Pepperstone's 51 available indicators.

Pepperstone Review
UFX Review


Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 02/18/2019 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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