Vestle vs UFX Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare Vestle vs UFX.
Does Vestle 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, Vestle offers better pricing overall for traders.
Is Vestle 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. Vestle holds 2 global Tier-1 licenses, while UFX holds 0. UFX holds 1 global Tier-2 licenses, while Vestle holds 0. In our analysis of 23 international regulators across 50 brokers, Vestle (78) earned a higher Trust Score than UFX (67).
Which trading platform is better: Vestle or UFX?
To compare the trading platforms of both Vestle and UFX, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, UFX offers a better experience. With research, Vestle offers superior market research. Finally, we found UFX 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. Neither broker offers Meta Trader.Copy trading is not offered by either broker.
How many forex pairs and CFDs are available to trade?
Vestle provides traders 88 currency pairs (e.g., EUR/USD) compared to UFX's 49 available pairs. Forex pairs aside, Vestle offers traders access to 750 CFDs while UFX has 619 available CFDs, a difference of 131.
Can I trust Vestle?
Vestle is not publicly traded and does not operate a bank. Vestle is authorised by two tier-1 regulators (highly trusted), zero tier-2 regulators (trusted), zero tier-3 regulators (average risk), and one tier-4 regulator (high risk). Vestle is authorised by the following tier-1 regulators: Financial Conduct Authority (FCA) and European Union Authorized (MiFID).
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 Vestle good?
Vestle is operated by a long-standing company, previously known as iForex, with regulatory status in a growing number of jurisdictions, offering forex and CFDs through its proprietary platform. The biggest drawback is the lack of markets you can trade with fewer than 200, compared to the best multi asset forex and CFD brokers.
Is UFX good?
UFX offers a proprietary platform alongside the full MetaTrader suite, and while its range of markets has increased spreads are still expensive compared to the best broker. Last but not least, with just one regulatory license, UFX's Trust Score is lower than the industry average.
Overall winner: Vestle
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We review each brokerโs overall global offering โ a โYesโ 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.