Eightcap
Uphold
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Overview
Eightcap was founded in 2009 and is headquartered in Australia, while Uphold was established in 2013 and is based in United States. Eightcap holds licences including Australian Securities and Investment Commission (ASIC), while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. Eightcap serves 10,000+ clients worldwide; Uphold has 4,000,000+. The minimum deposit is $100 at Eightcap and $1 at Uphold.
| Feature | Eightcap | Uphold |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Australian Securities and Investment Commission (ASIC) | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 |
| Founded | 2009 | 2013 |
| Country | Australia | United States |
| Clients | 10,000+ | 4,000,000+ |
Fees
Fees are a critical factor when choosing between Eightcap 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 Eightcap). Eightcap charges withdrawal fees while Uphold does not, a notable advantage for frequent withdrawers. Eightcap applies inactivity fees on dormant accounts; Uphold does not. Overall, Uphold scores higher on fees in our assessment.
| Feature | Eightcap | Uphold |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Eightcap offers MT4, MT5, cTrader, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Eightcap supports social and copy trading features, which Uphold does not offer. Eightcap edges ahead on platform breadth and functionality in our scoring.
| Feature | Eightcap | 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, 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 Eightcap and Uphold compare. Uphold runs regular live webinars; Eightcap does not. Uphold has a video library; Eightcap does not. Uphold maintains an archive of past webinars for on-demand viewing. Uphold scores higher overall in education and research.
| Feature | Eightcap | Uphold |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | No |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Eightcap 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 | Eightcap | 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 Eightcap and Uphold offer live chat support. Eightcap offers phone support; Uphold does not. Email support is available at both brokers. Eightcap supports 2 languages and Uphold supports 1, giving Eightcap broader global reach. Eightcap scores higher overall on customer support in our assessment.
| Feature | Eightcap | Uphold |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |