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GMT Brokers vs UFX: Which is better in 2026?

A neutral, side-by-side comparison of GMT Brokers and UFX on the criteria that matter — regulation, fees, leverage, platforms and withdrawal speed. Scores are objective and never influenced by affiliation.

GMT BrokersUFX
Overall score2.0 / 52.2 / 5
Minimum deposit€250€100
EUR/USD spread2 pips1.5 pips
RegulationUnauthorised (CONSOB oscuramento — GMT Brokers Ltd)Offshore / disputed EU status, Named on multiple regulator warnings
Max leverage1:5001:400
PlatformsMT4, WebTraderWebTrader, Proprietary
Withdrawal time14 business days7 business days
Trustpilot1.9/5 (55)2.3/5 (540)
Rating
GMT Brokers
Website blacked out by Italy’s CONSOB for abusive financial services.
Not recommended
UFX
Long-running forex/CFD brand named on several regulator alerts.
Not recommended

Our verdict

UFX edges ahead on minimum deposit, finishing with an overall neutral score of 2.2 versus 2.0 for GMT Brokers. That said, the gap is narrow and depends on your priorities: GMT Brokers still comes out ahead on platforms, so traders who weight that most highly may prefer it. Both are credible, vetted options — check regulation, fees and withdrawal terms against your own needs before choosing.

Read the full GMT Brokers review or the UFX review.

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