Colmex
Uphold
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Overview
Colmex was founded in 1990 and is headquartered in Cyprus, while Uphold was established in 2013 and is based in United States. Colmex holds licences including Securities and Exchange Commission (SEC), while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. Colmex serves 10,000+ clients worldwide; Uphold has 4,000,000+. The minimum deposit is $100 at Colmex and $1 at Uphold.
| Feature | Colmex | Uphold |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Securities and Exchange Commission (SEC) | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 |
| Founded | 1990 | 2013 |
| Country | Cyprus | United States |
| Clients | 10,000+ | 4,000,000+ |
Fees
Fees are a critical factor when choosing between Colmex 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 Colmex). Neither broker charges withdrawal fees. Overall, Uphold scores higher on fees in our assessment.
| Feature | Colmex | Uphold |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Colmex offers MT4, MT5, cTrader, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Colmex supports social and copy trading features, which Uphold does not offer. Colmex edges ahead on platform breadth and functionality in our scoring.
| Feature | Colmex | 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,Mac | Web, Desktop & Mobile Apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Colmex and Uphold compare. Uphold runs regular live webinars; Colmex does not. Both provide video tutorials. Colmex integrates third-party research tools (Autochartist); Uphold does not. Uphold maintains an archive of past webinars for on-demand viewing. Colmex scores higher overall in education and research.
| Feature | Colmex | Uphold |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Colmex 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 | Colmex | 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 Colmex and Uphold offer live chat support. Colmex offers phone support; Uphold does not. Email support is available at both brokers. Colmex supports 2 languages and Uphold supports 1, giving Colmex broader global reach. Colmex scores higher overall on customer support in our assessment.
| Feature | Colmex | Uphold |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |