Etrade
Uphold
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Overview
Etrade was founded in 2012 and is headquartered in United States, while Uphold was established in 2013 and is based in United States. Etrade holds licences including Securities and Exchange Commission (SEC), while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. Etrade serves 10,000+ clients worldwide; Uphold has 4,000,000+. The minimum deposit is $100 at Etrade and $1 at Uphold.
| Feature | Etrade | Uphold |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 |
| Founded | 2012 | 2013 |
| Country | United States | United States |
| Clients | 10,000+ | 4,000,000+ |
Fees
Fees are a critical factor when choosing between Etrade 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 Etrade). Neither broker charges withdrawal fees. Overall, Uphold scores higher on fees in our assessment.
| Feature | Etrade | Uphold |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Etrade offers MT4, MT5, cTrader, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Etrade supports social and copy trading features, which Uphold does not offer. Etrade edges ahead on platform breadth and functionality in our scoring.
| Feature | Etrade | Uphold |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | No |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | cTrader, SocialTrading, webPlatform, DesktopPlatform, Proprietary . | Web, Desktop & Mobile Apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Etrade and Uphold compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Etrade publishes daily market commentary; Uphold does not. Etrade integrates third-party research tools (Trading Central); Uphold does not. Archived webinars are available at both brokers for self-paced learning. Etrade scores higher overall in education and research.
| Feature | Etrade | Uphold |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Etrade 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 | Etrade | 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 Etrade and Uphold offer live chat support. Etrade offers phone support; Uphold does not. Email support is available at both brokers. Etrade supports 2 languages and Uphold supports 1, giving Etrade broader global reach. Etrade scores higher overall on customer support in our assessment.
| Feature | Etrade | Uphold |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |