EverFX
Uphold
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Overview
EverFX was founded in 2008 and is headquartered in Cayman Islands, while Uphold was established in 2013 and is based in United States. EverFX holds licences including Cayman Islands Monetary Authority (CIMA), while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. EverFX serves 10,000+ clients worldwide; Uphold has 4,000,000+. The minimum deposit is $10000 at EverFX and $1 at Uphold.
| Feature | EverFX | Uphold |
|---|---|---|
| Min. Deposit | $10000 | $1 |
| Regulation | Cayman Islands Monetary Authority (CIMA) | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 |
| Founded | 2008 | 2013 |
| Country | Cayman Islands | United States |
| Clients | 10,000+ | 4,000,000+ |
Fees
Fees are a critical factor when choosing between EverFX and Uphold, directly affecting your bottom line as a trader. Uphold has a lower barrier to entry with a minimum deposit of $1 (vs $10000 at EverFX). Neither broker charges withdrawal fees. EverFX charges deposit fees; Uphold does not. Overall, Uphold scores higher on fees in our assessment.
| Feature | EverFX | Uphold |
|---|---|---|
| Min. Deposit | $10000 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
EverFX offers MT4, MT5, cTrader, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. EverFX supports social and copy trading features, which Uphold does not offer. EverFX edges ahead on platform breadth and functionality in our scoring.
| Feature | EverFX | 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,iOS,MacBook,iPhone | Web, Desktop & Mobile Apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how EverFX and Uphold compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. EverFX publishes daily market commentary; Uphold does not. EverFX integrates third-party research tools (Trading Central); Uphold does not. Archived webinars are available at both brokers for self-paced learning. EverFX scores higher overall in education and research.
| Feature | EverFX | 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. EverFX 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 | EverFX | 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 EverFX and Uphold offer live chat support. EverFX offers phone support; Uphold does not. Email support is available at both brokers. EverFX supports 2 languages and Uphold supports 1, giving EverFX broader global reach. EverFX scores higher overall on customer support in our assessment.
| Feature | EverFX | Uphold |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |