UFX vs Saxo Bank

The Cyprus-based broker UFX enables traders to trade currencies, ETFs and CFDs on equities, indices and commodities. The company was founded in 2007 and has been regulated by the Cypriot financial regulator CySEC since 2011. Despite its international orientation, the broker is still relatively unknown in Europe. Saxo Bank is a Danish online investment bank founded in 1992. The bank is headquartered in Copenhagen and employs around 900 people. Saxo Bank offers its clients futures and equities as well as forex trading. More than 160 currency pairs can be traded.

Broker UFX Saxo Bank XM
Headquarters Cyprus Copenhagen Cyprus
Spanish
MM/STP Broker
ECN Broker
Founded 2007                       1992                       2009
Regulated By CySEC
Regulated By NFA
Regulated By FCA
Regulated By ASIC
Minimum Deposit $ 100 $10,000 $5
Maximum Leverage 1:30 1:100 1:500
Minimum Trade 0.0025 Lots 0.01 Lots 0.01 Lots
Commission
Deposit Fee
Withdrawal Fee
Fixed Spreads
Variable Spreads
EUR/USD Spread (Variable) 3.00 1.00 0.50
View all spreads View all spreads View all spreads
Demo Account
Micro Account
Zero Spread Account
Islamic Account
Deposit Bonus
No Deposit Bonus
Currency Pairs 49 139 57
CFDs 461 9000 356
Cryptocurrencies
Stocks
Indices
Energies
Metals
View Instruments View Instruments View Instruments
MetaTrader 4
MetaTrader 5
Mobile App
iOS
Android
Web Platform
cTrader
NinjaTrader
Mirror Trader
ZuluTrade
Social Trading
Signals
Scalping
Hedging
VPS
Expert Advisor
PayPal
Neteller
Skrill                                            
Payoneer
Credit Card
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