B

AxiTrader

7.4/10
Uphold logo

Uphold

6.5/10
10/10RegulationTied10/10
10/10FeesTied10/10
9/10WinnerPlatforms5/10
0/10Education & ResearchWinner1/10
6/10WinnerDeposits & Withdrawals4/10
10/10WinnerSupport7/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

AxiTrader was founded in 2007 and is headquartered in Australia, while Uphold was established in 2013 and is based in United States. AxiTrader holds licences including Financial Conduct Authority (FCA), while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. AxiTrader serves 10,000+ clients worldwide; Uphold has 4,000,000+. The minimum deposit is $0 at AxiTrader and $1 at Uphold.

AxiTrader wins this category
FeatureAxiTraderUphold
Min. Deposit$0$1
RegulationFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA)FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875
Founded20072013
CountryAustraliaUnited States
Clients10,000+4,000,000+

Fees

Fees are a critical factor when choosing between AxiTrader and Uphold, directly affecting your bottom line as a trader. AxiTrader has a lower barrier to entry with a minimum deposit of $0 (vs $1 at Uphold). AxiTrader charges withdrawal fees while Uphold does not, a notable advantage for frequent withdrawers. AxiTrader charges deposit fees; Uphold does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureAxiTraderUphold
Min. Deposit$0$1
Withdrawal FeesYesNo
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesYesNo

Platforms

AxiTrader offers MT4, MT5, cTrader, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. AxiTrader supports social and copy trading features, which Uphold does not offer. AxiTrader edges ahead on platform breadth and functionality in our scoring.

AxiTrader wins this category
FeatureAxiTraderUphold
MT4YesNo
MT5YesNo
cTraderYesNo
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile appsWeb, Desktop & Mobile Apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how AxiTrader and Uphold compare. Uphold runs regular live webinars; AxiTrader does not. Uphold has a video library; AxiTrader does not. Uphold maintains an archive of past webinars for on-demand viewing. Uphold scores higher overall in education and research.

Uphold wins this category
FeatureAxiTraderUphold
Forex EducationNoNo
CFD EducationNoNo
Weekly WebinarsNoYes
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistNoNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. AxiTrader accepts 3 of the tracked payment methods (bank transfer, credit/debit card, Neteller), while Uphold supports 2 (bank transfer, credit/debit card). AxiTrader uniquely supports Neteller among the two brokers. AxiTrader scores higher on deposit and withdrawal flexibility.

AxiTrader wins this category
FeatureAxiTraderUphold
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerYesNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both AxiTrader and Uphold offer live chat support. AxiTrader offers phone support; Uphold does not. Email support is available at both brokers. AxiTrader supports 8 languages and Uphold supports 1, giving AxiTrader broader global reach. AxiTrader scores higher overall on customer support in our assessment.

AxiTrader wins this category
FeatureAxiTraderUphold
Live ChatYesYes
Phone SupportYesNo
Email SupportYesYes
LanguagesEnglish, Chinese, Spanish, German, Japanese, Russian, Romanian, and ArabicEnglish