FXNet
Uphold
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Overview
FXNet was founded in 2012 and is headquartered in Cyprus, while Uphold was established in 2013 and is based in United States. FXNet holds licences including Financial Conduct Authority (FCA), while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. FXNet serves 10,000+ clients worldwide; Uphold has 4,000,000+. The minimum deposit is $50 at FXNet and $1 at Uphold.
| Feature | FXNet | Uphold |
|---|---|---|
| Min. Deposit | $50 | $1 |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 |
| Founded | 2012 | 2013 |
| Country | Cyprus | United States |
| Clients | 10,000+ | 4,000,000+ |
Fees
Fees are a critical factor when choosing between FXNet and Uphold, directly affecting your bottom line as a trader. Uphold has a lower barrier to entry with a minimum deposit of $1 (vs $50 at FXNet). Neither broker charges withdrawal fees. The two brokers are broadly comparable on fee structure.
| Feature | FXNet | Uphold |
|---|---|---|
| Min. Deposit | $50 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
FXNet offers MT4, MT5, cTrader, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. FXNet supports social and copy trading features, which Uphold does not offer. FXNet edges ahead on platform breadth and functionality in our scoring.
| Feature | FXNet | 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 FXNet and Uphold compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. FXNet publishes daily market commentary; Uphold does not. FXNet integrates third-party research tools (Trading Central, Autochartist); Uphold does not. Archived webinars are available at both brokers for self-paced learning. FXNet scores higher overall in education and research.
| Feature | FXNet | 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. FXNet 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 | FXNet | 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 FXNet and Uphold offer live chat support. FXNet offers phone support; Uphold does not. Email support is available at both brokers. FXNet supports 2 languages and Uphold supports 1, giving FXNet broader global reach. FXNet scores higher overall on customer support in our assessment.
| Feature | FXNet | Uphold |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |