Betterment
Uphold
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Overview
Betterment was founded in 2008 and is headquartered in USA, while Uphold was established in 2013 and is based in United States. Betterment holds licences including Unregulated, while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. Betterment serves 10,000+ clients worldwide; Uphold has 4,000,000+. The minimum deposit is $0 at Betterment and $1 at Uphold.
| Feature | Betterment | Uphold |
|---|---|---|
| Min. Deposit | $0 | $1 |
| Regulation | Unregulated | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 |
| Founded | 2008 | 2013 |
| Country | USA | United States |
| Clients | 10,000+ | 4,000,000+ |
Fees
Fees are a critical factor when choosing between Betterment and Uphold, directly affecting your bottom line as a trader. Betterment has a lower barrier to entry with a minimum deposit of $0 (vs $1 at Uphold). Betterment charges withdrawal fees while Uphold does not, a notable advantage for frequent withdrawers. The two brokers are broadly comparable on fee structure.
| Feature | Betterment | Uphold |
|---|---|---|
| Min. Deposit | $0 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Betterment offers MT5, cTrader, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Betterment supports social and copy trading features, which Uphold does not offer. Betterment edges ahead on platform breadth and functionality in our scoring.
| Feature | Betterment | Uphold |
|---|---|---|
| MT4 | No | No |
| MT5 | Yes | No |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Mac,iPhone,iPad,WEB,Desktop | Web, Desktop & Mobile Apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Betterment and Uphold compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Betterment publishes daily market commentary; Uphold does not. Betterment integrates third-party research tools (Trading Central); Uphold does not. Archived webinars are available at both brokers for self-paced learning. Betterment scores higher overall in education and research.
| Feature | Betterment | Uphold |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Betterment accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Uphold supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Betterment | Uphold |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Betterment and Uphold offer live chat support. Betterment offers phone support; Uphold does not. Email support is available at both brokers. Betterment supports 2 languages and Uphold supports 1, giving Betterment broader global reach. Betterment scores higher overall on customer support in our assessment.
| Feature | Betterment | Uphold |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |