B

Daw Trading

6.7/10
Uphold logo

Uphold

6.5/10
7/10RegulationWinner10/10
8/10FeesWinner10/10
7/10WinnerPlatforms5/10
6/10WinnerEducation & Research1/10
4/10Deposits & WithdrawalsTied4/10
10/10WinnerSupport7/10

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Overview

Daw Trading was founded in 1988 and is headquartered in USA, while Uphold was established in 2013 and is based in United States. Daw Trading holds licences including Financial Conduct Authority (FCA), while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. Daw Trading serves 10,000+ clients worldwide; Uphold has 4,000,000+. The minimum deposit is $100 at Daw Trading and $1 at Uphold.

Daw Trading wins this category
FeatureDaw TradingUphold
Min. Deposit$100$1
RegulationFinancial Conduct Authority (FCA)FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875
Founded19882013
CountryUSAUnited States
Clients10,000+4,000,000+

Fees

Fees are a critical factor when choosing between Daw Trading 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 Daw Trading). Neither broker charges withdrawal fees. Overall, Uphold scores higher on fees in our assessment.

Uphold wins this category
FeatureDaw TradingUphold
Min. Deposit$100$1
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Daw Trading offers MT5, cTrader, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Daw Trading edges ahead on platform breadth and functionality in our scoring.

Daw Trading wins this category
FeatureDaw TradingUphold
MT4NoNo
MT5YesNo
cTraderYesNo
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid,WEB,Desktop,iPhone,MacWeb, Desktop & Mobile Apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Daw Trading and Uphold compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daw Trading publishes daily market commentary; Uphold does not. Daw Trading integrates third-party research tools (Trading Central); Uphold does not. Archived webinars are available at both brokers for self-paced learning. Daw Trading scores higher overall in education and research.

Daw Trading wins this category
FeatureDaw TradingUphold
Forex EducationNoNo
CFD EducationYesNo
Weekly WebinarsYesYes
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Daw Trading 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.

Tied
FeatureDaw TradingUphold
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Daw Trading and Uphold offer live chat support. Daw Trading offers phone support; Uphold does not. Email support is available at both brokers. Daw Trading supports 2 languages and Uphold supports 1, giving Daw Trading broader global reach. Daw Trading scores higher overall on customer support in our assessment.

Daw Trading wins this category
FeatureDaw TradingUphold
Live ChatYesYes
Phone SupportYesNo
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish