AvaTrade
Uphold
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Overview
AvaTrade was founded in 2006 and is headquartered in The British Virgin Islands, while Uphold was established in 2013 and is based in United States. AvaTrade holds licences including Central Bank of Ireland, while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. AvaTrade serves 200,000+ clients worldwide; Uphold has 4,000,000+. The minimum deposit is $250 at AvaTrade and $1 at Uphold.
| Feature | AvaTrade | Uphold |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Regulation | Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 |
| Founded | 2006 | 2013 |
| Country | The British Virgin Islands | United States |
| Clients | 200,000+ | 4,000,000+ |
Fees
Fees are a critical factor when choosing between AvaTrade and Uphold, directly affecting your bottom line as a trader. Uphold has a lower barrier to entry with a minimum deposit of $1 (vs $250 at AvaTrade). Neither broker charges withdrawal fees. Overall, Uphold scores higher on fees in our assessment.
| Feature | AvaTrade | Uphold |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
AvaTrade offers MT4, MT5, cTrader, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. AvaTrade supports social and copy trading features, which Uphold does not offer. AvaTrade edges ahead on platform breadth and functionality in our scoring.
| Feature | AvaTrade | Uphold |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | No |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps | Web, Desktop & Mobile Apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AvaTrade and Uphold compare. Uphold runs regular live webinars; AvaTrade does not. Both provide video tutorials. AvaTrade integrates third-party research tools (Autochartist); Uphold does not. Uphold maintains an archive of past webinars for on-demand viewing. AvaTrade scores higher overall in education and research.
| Feature | AvaTrade | Uphold |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. AvaTrade accepts 4 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Neteller), while Uphold supports 2 (bank transfer, credit/debit card). AvaTrade uniquely supports PayPal and Neteller among the two brokers. AvaTrade scores higher on deposit and withdrawal flexibility.
| Feature | AvaTrade | Uphold |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | No | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both AvaTrade and Uphold offer live chat support. AvaTrade offers phone support; Uphold does not. Email support is available at both brokers. AvaTrade supports 6 languages and Uphold supports 1, giving AvaTrade broader global reach. AvaTrade scores higher overall on customer support in our assessment.
| Feature | AvaTrade | Uphold |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, Italian, German, French, Greek, and Hebrew | English |