freetrade
Uphold
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Overview
freetrade was founded in 2016 and is headquartered in United Kingdom, while Uphold was established in 2013 and is based in United States. freetrade holds licences including Financial Conduct Authority. Registered in England and Wales (no. 09797821), while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. freetrade serves 890,000+ clients worldwide; Uphold has 4,000,000+. The minimum deposit is $0 at freetrade and $1 at Uphold.
| Feature | freetrade | Uphold |
|---|---|---|
| Min. Deposit | $0 | $1 |
| Regulation | Financial Conduct Authority. Registered in England and Wales (no. 09797821) | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 |
| Founded | 2016 | 2013 |
| Country | United Kingdom | United States |
| Clients | 890,000+ | 4,000,000+ |
Fees
Fees are a critical factor when choosing between freetrade and Uphold, directly affecting your bottom line as a trader. freetrade has a lower barrier to entry with a minimum deposit of $0 (vs $1 at Uphold). Neither broker charges withdrawal fees. The two brokers are broadly comparable on fee structure.
| Feature | freetrade | Uphold |
|---|---|---|
| Min. Deposit | $0 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
freetrade offers MT4, MT5, cTrader, a proprietary platform, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. freetrade supports social and copy trading features, which Uphold does not offer. freetrade edges ahead on platform breadth and functionality in our scoring.
| Feature | freetrade | 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, MT5, Mac, ZuluTrade, Web Trader, cTrader, 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 freetrade and Uphold compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. freetrade publishes daily market commentary; Uphold does not. freetrade integrates third-party research tools (Trading Central, Autochartist); Uphold does not. Archived webinars are available at both brokers for self-paced learning. freetrade scores higher overall in education and research.
| Feature | freetrade | 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. freetrade accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Uphold supports 2 (bank transfer, credit/debit card). freetrade uniquely supports PayPal and Skrill and Neteller among the two brokers. freetrade scores higher on deposit and withdrawal flexibility.
| Feature | freetrade | 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 freetrade and Uphold offer live chat support. freetrade offers phone support; Uphold does not. Email support is available at both brokers. freetrade supports 8 languages and Uphold supports 1, giving freetrade broader global reach. freetrade scores higher overall on customer support in our assessment.
| Feature | freetrade | Uphold |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English |