GDMFX
Uphold
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Overview
GDMFX was founded in 2012 and is headquartered in Anguilla, while Uphold was established in 2013 and is based in United States. GDMFX holds licences including Unregulated, while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. GDMFX serves 10,000+ clients worldwide; Uphold has 4,000,000+. The minimum deposit is $100 at GDMFX and $1 at Uphold.
| Feature | GDMFX | Uphold |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Unregulated | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 |
| Founded | 2012 | 2013 |
| Country | Anguilla | United States |
| Clients | 10,000+ | 4,000,000+ |
Fees
Fees are a critical factor when choosing between GDMFX and Uphold, directly affecting your bottom line as a trader. Uphold has a lower barrier to entry with a minimum deposit of $1 (vs $100 at GDMFX). Neither broker charges withdrawal fees. GDMFX charges deposit fees; Uphold does not. Overall, Uphold scores higher on fees in our assessment.
| Feature | GDMFX | Uphold |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
GDMFX offers MT4, MT5, cTrader, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. GDMFX supports social and copy trading features, which Uphold does not offer. GDMFX edges ahead on platform breadth and functionality in our scoring.
| Feature | GDMFX | 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 GDMFX and Uphold compare. Uphold runs regular live webinars; GDMFX does not. Both provide video tutorials. GDMFX integrates third-party research tools (Autochartist); Uphold does not. Uphold maintains an archive of past webinars for on-demand viewing. GDMFX scores higher overall in education and research.
| Feature | GDMFX | Uphold |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. GDMFX 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 | GDMFX | 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 GDMFX and Uphold offer live chat support. GDMFX offers phone support; Uphold does not. Email support is available at both brokers. GDMFX supports 2 languages and Uphold supports 1, giving GDMFX broader global reach. GDMFX scores higher overall on customer support in our assessment.
| Feature | GDMFX | Uphold |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |