Roboforex
Uphold
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Overview
Roboforex was founded in 2009 and is headquartered in Belize, while Uphold was established in 2013 and is based in United States. Roboforex holds licences including RoboForex Ltd is a financial brokerage company regulated by the FSC, while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. Roboforex serves 10,000+ clients worldwide; Uphold has 4,000,000+. Both brokers share the same minimum deposit of $1.
| Feature | Roboforex | Uphold |
|---|---|---|
| Min. Deposit | $1 | $1 |
| Regulation | RoboForex Ltd is a financial brokerage company regulated by the FSC, license No. 000138/437, reg. number 128.572. Address: 2118 Guava Street, Belama Phase 1, Belize City, Belize. | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 |
| Founded | 2009 | 2013 |
| Country | Belize | United States |
| Clients | 10,000+ | 4,000,000+ |
Fees
Fees are a critical factor when choosing between Roboforex and Uphold, directly affecting your bottom line as a trader. Both require a minimum deposit of $1. Roboforex charges withdrawal fees while Uphold does not, a notable advantage for frequent withdrawers. The two brokers are broadly comparable on fee structure.
| Feature | Roboforex | Uphold |
|---|---|---|
| Min. Deposit | $1 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Roboforex offers MT4, MT5, cTrader, a proprietary platform, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Roboforex supports social and copy trading features, which Uphold does not offer. Roboforex edges ahead on platform breadth and functionality in our scoring.
| Feature | Roboforex | 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, 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 Roboforex and Uphold compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Roboforex publishes daily market commentary; Uphold does not. Roboforex integrates third-party research tools (Trading Central); Uphold does not. Archived webinars are available at both brokers for self-paced learning. Roboforex scores higher overall in education and research.
| Feature | Roboforex | Uphold |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Roboforex accepts 3 of the tracked payment methods (bank transfer, credit/debit card, Neteller), while Uphold supports 2 (bank transfer, credit/debit card). Roboforex uniquely supports Neteller among the two brokers. Roboforex scores higher on deposit and withdrawal flexibility.
| Feature | Roboforex | Uphold |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | 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 Roboforex and Uphold offer live chat support. Roboforex offers phone support; Uphold does not. Email support is available at both brokers. Roboforex supports 13 languages and Uphold supports 1, giving Roboforex broader global reach. Roboforex scores higher overall on customer support in our assessment.
| Feature | Roboforex | Uphold |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English |