B

netotrade

7.4/10
Uphold logo

Uphold

6.5/10
10/10RegulationTied10/10
1/10FeesWinner10/10
9/10WinnerPlatforms5/10
6/10WinnerEducation & Research1/10
10/10WinnerDeposits & Withdrawals4/10
10/10WinnerSupport7/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

netotrade was founded in 2016 and is headquartered in USA, while Uphold was established in 2013 and is based in United States. netotrade holds licences including Financial Conduct Authority (FCA), while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. netotrade serves 14,000,000+ clients worldwide; Uphold has 4,000,000+. The minimum deposit is $250 at netotrade and $1 at Uphold.

netotrade wins this category
FeaturenetotradeUphold
Min. Deposit$250$1
RegulationFinancial 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-F283FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875
Founded20162013
CountryUSAUnited States
Clients14,000,000+4,000,000+

Fees

Fees are a critical factor when choosing between netotrade 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 netotrade). Neither broker charges withdrawal fees. Overall, Uphold scores higher on fees in our assessment.

Uphold wins this category
FeaturenetotradeUphold
Min. Deposit$250$1
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

netotrade offers MT4, MT5, cTrader, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. netotrade supports social and copy trading features, which Uphold does not offer. netotrade edges ahead on platform breadth and functionality in our scoring.

netotrade wins this category
FeaturenetotradeUphold
MT4YesNo
MT5YesNo
cTraderYesNo
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsWeb, Desktop & Mobile Apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how netotrade and Uphold compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. netotrade publishes daily market commentary; Uphold does not. netotrade integrates third-party research tools (Trading Central); Uphold does not. Archived webinars are available at both brokers for self-paced learning. netotrade scores higher overall in education and research.

netotrade wins this category
FeaturenetotradeUphold
Forex EducationNoNo
CFD EducationYesNo
Weekly WebinarsYesYes
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. netotrade accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Uphold supports 2 (bank transfer, credit/debit card). netotrade uniquely supports PayPal and Skrill and Neteller among the two brokers. netotrade scores higher on deposit and withdrawal flexibility.

netotrade wins this category
FeaturenetotradeUphold
Bank TransferYesYes
Credit CardYesYes
PayPalYesNo
SkrillYesNo
NetellerYesNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both netotrade and Uphold offer live chat support. netotrade offers phone support; Uphold does not. Email support is available at both brokers. netotrade supports 8 languages and Uphold supports 1, giving netotrade broader global reach. netotrade scores higher overall on customer support in our assessment.

netotrade wins this category
FeaturenetotradeUphold
Live ChatYesYes
Phone SupportYesNo
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish