mbcfx
Uphold
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Overview
mbcfx was founded in 2021 and is headquartered in Puerto Rico, while Uphold was established in 2013 and is based in United States. mbcfx holds licences including Financial Conduct Authority (FCA), while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. mbcfx serves 30,000+ clients worldwide; Uphold has 4,000,000+. The minimum deposit is $250 at mbcfx and $1 at Uphold.
| Feature | mbcfx | Uphold |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F276 | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 |
| Founded | 2021 | 2013 |
| Country | Puerto Rico | United States |
| Clients | 30,000+ | 4,000,000+ |
Fees
Fees are a critical factor when choosing between mbcfx 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 mbcfx). Neither broker charges withdrawal fees. Overall, Uphold scores higher on fees in our assessment.
| Feature | mbcfx | Uphold |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
mbcfx offers MT4, MT5, cTrader, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. mbcfx supports social and copy trading features, which Uphold does not offer. mbcfx edges ahead on platform breadth and functionality in our scoring.
| Feature | mbcfx | 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 mbcfx and Uphold compare. Uphold runs regular live webinars; mbcfx does not. Both provide video tutorials. mbcfx integrates third-party research tools (Autochartist); Uphold does not. Uphold maintains an archive of past webinars for on-demand viewing. mbcfx scores higher overall in education and research.
| Feature | mbcfx | 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. mbcfx accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Uphold supports 2 (bank transfer, credit/debit card). mbcfx uniquely supports PayPal and Skrill and Neteller among the two brokers. mbcfx scores higher on deposit and withdrawal flexibility.
| Feature | mbcfx | 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 mbcfx and Uphold offer live chat support. mbcfx offers phone support; Uphold does not. Email support is available at both brokers. mbcfx supports 8 languages and Uphold supports 1, giving mbcfx broader global reach. mbcfx scores higher overall on customer support in our assessment.
| Feature | mbcfx | Uphold |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English |