Ellevest
Uphold
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Overview
Ellevest was founded in 2008 and is headquartered in USA, while Uphold was established in 2013 and is based in United States. Ellevest holds licences including Unregulated, while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. Ellevest serves 10,000+ clients worldwide; Uphold has 4,000,000+. Both brokers share the same minimum deposit of $1.
| Feature | Ellevest | Uphold |
|---|---|---|
| Min. Deposit | $1 | $1 |
| Regulation | Unregulated | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 |
| Founded | 2008 | 2013 |
| Country | USA | United States |
| Clients | 10,000+ | 4,000,000+ |
Fees
Fees are a critical factor when choosing between Ellevest and Uphold, directly affecting your bottom line as a trader. Both require a minimum deposit of $1. Ellevest charges withdrawal fees while Uphold does not, a notable advantage for frequent withdrawers. Ellevest applies inactivity fees on dormant accounts; Uphold does not. Ellevest charges deposit fees; Uphold does not. Overall, Uphold scores higher on fees in our assessment.
| Feature | Ellevest | Uphold |
|---|---|---|
| Min. Deposit | $1 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Ellevest offers MT4, MT5, cTrader, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Ellevest edges ahead on platform breadth and functionality in our scoring.
| Feature | Ellevest | Uphold |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | No |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Windows, Android, Mac OS, iOS | Web, Desktop & Mobile Apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Ellevest and Uphold compare. Uphold runs regular live webinars; Ellevest does not. Both provide video tutorials. Ellevest integrates third-party research tools (Autochartist); Uphold does not. Uphold maintains an archive of past webinars for on-demand viewing. Ellevest scores higher overall in education and research.
| Feature | Ellevest | 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. Ellevest 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 | Ellevest | 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 Ellevest and Uphold offer live chat support. Ellevest offers phone support; Uphold does not. Email support is available at both brokers. Ellevest supports 2 languages and Uphold supports 1, giving Ellevest broader global reach. Ellevest scores higher overall on customer support in our assessment.
| Feature | Ellevest | Uphold |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |