Bitfinex
Uphold
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Overview
Bitfinex was founded in 2015 and is headquartered in New Zealand, while Uphold was established in 2013 and is based in United States. Bitfinex holds licences including Financial Services Provider (FSP), while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. Bitfinex serves 10,000+ clients worldwide; Uphold has 4,000,000+. The minimum deposit is $100 at Bitfinex and $1 at Uphold.
| Feature | Bitfinex | Uphold |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Financial Services Provider (FSP) | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 |
| Founded | 2015 | 2013 |
| Country | New Zealand | United States |
| Clients | 10,000+ | 4,000,000+ |
Fees
Fees are a critical factor when choosing between Bitfinex 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 Bitfinex). Bitfinex charges withdrawal fees while Uphold does not, a notable advantage for frequent withdrawers. Overall, Uphold scores higher on fees in our assessment.
| Feature | Bitfinex | Uphold |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Bitfinex offers MT5, cTrader, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Bitfinex supports social and copy trading features, which Uphold does not offer. Bitfinex edges ahead on platform breadth and functionality in our scoring.
| Feature | Bitfinex | Uphold |
|---|---|---|
| MT4 | No | No |
| MT5 | Yes | No |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Android Apps,iPhone/iPad,Desktop | Web, Desktop & Mobile Apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bitfinex and Uphold compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Bitfinex publishes daily market commentary; Uphold does not. Bitfinex integrates third-party research tools (Trading Central, Autochartist); Uphold does not. Archived webinars are available at both brokers for self-paced learning. Bitfinex scores higher overall in education and research.
| Feature | Bitfinex | 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. Bitfinex 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 | Bitfinex | 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 Bitfinex and Uphold offer live chat support. Bitfinex offers phone support; Uphold does not. Email support is available at both brokers. Bitfinex supports 2 languages and Uphold supports 1, giving Bitfinex broader global reach. Bitfinex scores higher overall on customer support in our assessment.
| Feature | Bitfinex | Uphold |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |