ForexTB
Uphold
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Overview
ForexTB was founded in 2015 and is headquartered in Cyprus, while Uphold was established in 2013 and is based in United States. ForexTB holds licences including Cyprus Securities and Exchange Commission (CySEC), while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. ForexTB serves 5,000+ clients worldwide; Uphold has 4,000,000+. The minimum deposit is $250 at ForexTB and $1 at Uphold.
| Feature | ForexTB | Uphold |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15 | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 |
| Founded | 2015 | 2013 |
| Country | Cyprus | United States |
| Clients | 5,000+ | 4,000,000+ |
Fees
Fees are a critical factor when choosing between ForexTB and Uphold, directly affecting your bottom line as a trader. Uphold has a lower barrier to entry with a minimum deposit of $1 (vs $250 at ForexTB). Neither broker charges withdrawal fees. Overall, Uphold scores higher on fees in our assessment.
| Feature | ForexTB | Uphold |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
ForexTB offers MT4, MT5, cTrader, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. ForexTB edges ahead on platform breadth and functionality in our scoring.
| Feature | ForexTB | 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, 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 ForexTB and Uphold compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. ForexTB publishes daily market commentary; Uphold does not. ForexTB integrates third-party research tools (Trading Central); Uphold does not. Archived webinars are available at both brokers for self-paced learning. ForexTB scores higher overall in education and research.
| Feature | ForexTB | 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. ForexTB 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 | ForexTB | 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 ForexTB and Uphold offer live chat support. ForexTB offers phone support; Uphold does not. Email support is available at both brokers. ForexTB supports 2 languages and Uphold supports 1, giving ForexTB broader global reach. ForexTB scores higher overall on customer support in our assessment.
| Feature | ForexTB | Uphold |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |