Binance
Uphold
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Overview
Binance was founded in 2017 and is headquartered in Japan, while Uphold was established in 2013 and is based in United States. Binance holds licences including Unregulated, while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. Binance serves 13500000 clients worldwide; Uphold has 4,000,000+. The minimum deposit is $100 at Binance and $1 at Uphold.
| Feature | Binance | Uphold |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Unregulated | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 |
| Founded | 2017 | 2013 |
| Country | Japan | United States |
| Clients | 13500000 | 4,000,000+ |
Fees
Fees are a critical factor when choosing between Binance and Uphold, directly affecting your bottom line as a trader. Uphold has a lower barrier to entry with a minimum deposit of $1 (vs $100 at Binance). Binance charges withdrawal fees while Uphold does not, a notable advantage for frequent withdrawers. Binance charges deposit fees; Uphold does not. Overall, Uphold scores higher on fees in our assessment.
| Feature | Binance | Uphold |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
Binance offers MT4, MT5, cTrader, a proprietary platform, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Binance supports social and copy trading features, which Uphold does not offer. Binance edges ahead on platform breadth and functionality in our scoring.
| Feature | Binance | Uphold |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | No |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Desktop, Android, iPhone/iPad, Mac | Web, Desktop & Mobile Apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Binance and Uphold compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Binance publishes daily market commentary; Uphold does not. Binance integrates third-party research tools (Trading Central, Autochartist); Uphold does not. Archived webinars are available at both brokers for self-paced learning. Binance scores higher overall in education and research.
| Feature | Binance | Uphold |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Binance 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 | Binance | 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 Binance and Uphold offer live chat support. Binance offers phone support; Uphold does not. Email support is available at both brokers. Binance supports 2 languages and Uphold supports 1, giving Binance broader global reach. Binance scores higher overall on customer support in our assessment.
| Feature | Binance | Uphold |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |