Evolution Brokers
Uphold
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Overview
Evolution Brokers was founded in 2008 and is headquartered in Belize, while Uphold was established in 2013 and is based in United States. Evolution Brokers holds licences including Cyprus Securities and Exchange Commission (CySEC), while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. Evolution Brokers serves 10,000+ clients worldwide; Uphold has 4,000,000+. The minimum deposit is $300 at Evolution Brokers and $1 at Uphold.
| Feature | Evolution Brokers | Uphold |
|---|---|---|
| Min. Deposit | $300 | $1 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 |
| Founded | 2008 | 2013 |
| Country | Belize | United States |
| Clients | 10,000+ | 4,000,000+ |
Fees
Fees are a critical factor when choosing between Evolution Brokers and Uphold, directly affecting your bottom line as a trader. Uphold has a lower barrier to entry with a minimum deposit of $1 (vs $300 at Evolution Brokers). Evolution Brokers charges withdrawal fees while Uphold does not, a notable advantage for frequent withdrawers. Evolution Brokers applies inactivity fees on dormant accounts; Uphold does not. Overall, Uphold scores higher on fees in our assessment.
| Feature | Evolution Brokers | Uphold |
|---|---|---|
| Min. Deposit | $300 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Evolution Brokers offers MT4, MT5, cTrader, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Evolution Brokers edges ahead on platform breadth and functionality in our scoring.
| Feature | Evolution Brokers | 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,Desktop,iPhone,Mac | Web, Desktop & Mobile Apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Evolution Brokers and Uphold compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Evolution Brokers publishes daily market commentary; Uphold does not. Evolution Brokers integrates third-party research tools (Trading Central, Autochartist); Uphold does not. Archived webinars are available at both brokers for self-paced learning. Evolution Brokers scores higher overall in education and research.
| Feature | Evolution Brokers | 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. Evolution Brokers 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 | Evolution Brokers | 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 Evolution Brokers and Uphold offer live chat support. Evolution Brokers offers phone support; Uphold does not. Email support is available at both brokers. Evolution Brokers supports 2 languages and Uphold supports 1, giving Evolution Brokers broader global reach. Evolution Brokers scores higher overall on customer support in our assessment.
| Feature | Evolution Brokers | Uphold |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |