eToro
Uphold
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Overview
eToro was founded in 2007 and is headquartered in Cyprus, UK, while Uphold was established in 2013 and is based in United States. eToro holds licences including Financial Conduct Authority (FCA), while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. eToro serves 20,000,000+ clients worldwide; Uphold has 4,000,000+. The minimum deposit is $50 at eToro and $1 at Uphold.
eToro
Uphold
| Feature | eToro | Uphold |
|---|---|---|
| Min. Deposit | $50 | $1 |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 |
| Founded | 2007 | 2013 |
| Country | Cyprus, UK | United States |
| Clients | 20,000,000+ | 4,000,000+ |
Fees
Fees are a critical factor when choosing between eToro and Uphold, directly affecting your bottom line as a trader. Uphold has a lower barrier to entry with a minimum deposit of $1 (vs $50 at eToro). eToro charges withdrawal fees while Uphold does not, a notable advantage for frequent withdrawers. eToro applies inactivity fees on dormant accounts; Uphold does not. The two brokers are broadly comparable on fee structure.
| Feature | eToro | Uphold |
|---|---|---|
| Min. Deposit | $50 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
eToro offers MT4, MT5, cTrader, a proprietary platform, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. eToro supports social and copy trading features, which Uphold does not offer. eToro edges ahead on platform breadth and functionality in our scoring.
| Feature | eToro | Uphold |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | No |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | web trader, 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 eToro and Uphold compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. eToro publishes daily market commentary; Uphold does not. eToro integrates third-party research tools (Trading Central, Autochartist); Uphold does not. Archived webinars are available at both brokers for self-paced learning. eToro scores higher overall in education and research.
| Feature | eToro | Uphold |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. eToro accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Uphold supports 2 (bank transfer, credit/debit card). eToro uniquely supports PayPal and Skrill and Neteller among the two brokers. eToro scores higher on deposit and withdrawal flexibility.
| Feature | eToro | Uphold |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both eToro and Uphold offer live chat support. eToro offers phone support; Uphold does not. Email support is available at both brokers. eToro supports 5 languages and Uphold supports 1, giving eToro broader global reach. eToro scores higher overall on customer support in our assessment.
| Feature | eToro | Uphold |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, German, Spanish, French, and Italian | English |