fxcl markets
Uphold
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Overview
fxcl markets was founded in 2006 and is headquartered in Cayman Islands, while Uphold was established in 2013 and is based in United States. fxcl markets holds licences including Financial Services Authority (FSA) number 1637, while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. fxcl markets serves 10,000+ clients worldwide; Uphold has 4,000,000+. The minimum deposit is $250 at fxcl markets and $1 at Uphold.
| Feature | fxcl markets | Uphold |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Regulation | Financial Services Authority (FSA) number 1637 | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 |
| Founded | 2006 | 2013 |
| Country | Cayman Islands | United States |
| Clients | 10,000+ | 4,000,000+ |
Fees
Fees are a critical factor when choosing between fxcl markets 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 fxcl markets). Neither broker charges withdrawal fees. Overall, Uphold scores higher on fees in our assessment.
| Feature | fxcl markets | Uphold |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
fxcl markets offers MT4, MT5, cTrader, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. fxcl markets supports social and copy trading features, which Uphold does not offer. fxcl markets edges ahead on platform breadth and functionality in our scoring.
| Feature | fxcl markets | 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 fxcl markets and Uphold compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. fxcl markets publishes daily market commentary; Uphold does not. fxcl markets integrates third-party research tools (Trading Central, Autochartist); Uphold does not. Archived webinars are available at both brokers for self-paced learning. fxcl markets scores higher overall in education and research.
| Feature | fxcl markets | 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. fxcl markets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Uphold supports 2 (bank transfer, credit/debit card). fxcl markets uniquely supports PayPal and Skrill and Neteller among the two brokers. fxcl markets scores higher on deposit and withdrawal flexibility.
| Feature | fxcl markets | 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 fxcl markets and Uphold offer live chat support. fxcl markets offers phone support; Uphold does not. Email support is available at both brokers. fxcl markets supports 8 languages and Uphold supports 1, giving fxcl markets broader global reach. fxcl markets scores higher overall on customer support in our assessment.
| Feature | fxcl markets | Uphold |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English |