CFI Markets
Uphold
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
CFI Markets was founded in 2012 and is headquartered in Cyprus, while Uphold was established in 2013 and is based in United States. CFI Markets holds licences including Financial Conduct Authority (FCA), while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. CFI Markets serves 10,000+ clients worldwide; Uphold has 4,000,000+. The minimum deposit is $100 at CFI Markets and $1 at Uphold.
| Feature | CFI Markets | Uphold |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 |
| Founded | 2012 | 2013 |
| Country | Cyprus | United States |
| Clients | 10,000+ | 4,000,000+ |
Fees
Fees are a critical factor when choosing between CFI Markets 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 CFI Markets). CFI Markets charges withdrawal fees while Uphold does not, a notable advantage for frequent withdrawers. CFI Markets applies inactivity fees on dormant accounts; Uphold does not. CFI Markets charges deposit fees; Uphold does not. Overall, Uphold scores higher on fees in our assessment.
| Feature | CFI Markets | Uphold |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
CFI Markets offers MT4, MT5, cTrader, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. CFI Markets supports social and copy trading features, which Uphold does not offer. CFI Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | CFI Markets | 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, 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 CFI Markets and Uphold compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. CFI Markets publishes daily market commentary; Uphold does not. CFI Markets integrates third-party research tools (Trading Central); Uphold does not. Archived webinars are available at both brokers for self-paced learning. CFI Markets scores higher overall in education and research.
| Feature | CFI Markets | 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. CFI Markets 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 | CFI Markets | 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 CFI Markets and Uphold offer live chat support. CFI Markets offers phone support; Uphold does not. Email support is available at both brokers. CFI Markets supports 2 languages and Uphold supports 1, giving CFI Markets broader global reach. CFI Markets scores higher overall on customer support in our assessment.
| Feature | CFI Markets | Uphold |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |