Pepperstone
Uphold
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Overview
Pepperstone was founded in 2010 and is headquartered in Australia, while Uphold was established in 2013 and is based in United States. Pepperstone holds licences including Financial Conduct Authority (FCA), while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. Pepperstone serves 10,000+ clients worldwide; Uphold has 4,000,000+. The minimum deposit is $200 at Pepperstone and $1 at Uphold.
| Feature | Pepperstone | Uphold |
|---|---|---|
| Min. Deposit | $200 | $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-F217 | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 |
| Founded | 2010 | 2013 |
| Country | Australia | United States |
| Clients | 10,000+ | 4,000,000+ |
Fees
Fees are a critical factor when choosing between Pepperstone and Uphold, directly affecting your bottom line as a trader. Uphold has a lower barrier to entry with a minimum deposit of $1 (vs $200 at Pepperstone). Neither broker charges withdrawal fees. Pepperstone applies inactivity fees on dormant accounts; Uphold does not. Overall, Uphold scores higher on fees in our assessment.
| Feature | Pepperstone | Uphold |
|---|---|---|
| Min. Deposit | $200 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Pepperstone offers MT5, cTrader, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Pepperstone supports social and copy trading features, which Uphold does not offer. Pepperstone edges ahead on platform breadth and functionality in our scoring.
| Feature | Pepperstone | Uphold |
|---|---|---|
| MT4 | No | 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 Pepperstone and Uphold compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Pepperstone publishes daily market commentary; Uphold does not. Pepperstone integrates third-party research tools (Trading Central, Autochartist); Uphold does not. Archived webinars are available at both brokers for self-paced learning. Pepperstone scores higher overall in education and research.
| Feature | Pepperstone | 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. Pepperstone accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Uphold supports 2 (bank transfer, credit/debit card). Pepperstone uniquely supports PayPal and Skrill and Neteller among the two brokers. Pepperstone scores higher on deposit and withdrawal flexibility.
| Feature | Pepperstone | 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 Pepperstone and Uphold offer live chat support. Pepperstone offers phone support; Uphold does not. Email support is available at both brokers. Pepperstone supports 8 languages and Uphold supports 1, giving Pepperstone broader global reach. Pepperstone scores higher overall on customer support in our assessment.
| Feature | Pepperstone | Uphold |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English |