SpreadCo
Uphold
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Overview
SpreadCo was founded in 2005 and is headquartered in London, while Uphold was established in 2013 and is based in United States. SpreadCo holds licences including Financial Conduct Authority (FCA), while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. SpreadCo serves 10,000+ clients worldwide; Uphold has 4,000,000+. The minimum deposit is $100 at SpreadCo and $1 at Uphold.
| Feature | SpreadCo | Uphold |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Financial Conduct Authority (FCA) | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 |
| Founded | 2005 | 2013 |
| Country | London | United States |
| Clients | 10,000+ | 4,000,000+ |
Fees
Fees are a critical factor when choosing between SpreadCo 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 SpreadCo). SpreadCo charges withdrawal fees while Uphold does not, a notable advantage for frequent withdrawers. SpreadCo charges deposit fees; Uphold does not. Overall, Uphold scores higher on fees in our assessment.
| Feature | SpreadCo | Uphold |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
SpreadCo offers MT4, MT5, cTrader, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. SpreadCo supports social and copy trading features, which Uphold does not offer. SpreadCo edges ahead on platform breadth and functionality in our scoring.
| Feature | SpreadCo | Uphold |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | No |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | 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 SpreadCo and Uphold compare. Uphold runs regular live webinars; SpreadCo does not. Both provide video tutorials. SpreadCo integrates third-party research tools (Autochartist); Uphold does not. Uphold maintains an archive of past webinars for on-demand viewing. SpreadCo scores higher overall in education and research.
| Feature | SpreadCo | 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. SpreadCo 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 | SpreadCo | 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 SpreadCo and Uphold offer live chat support. SpreadCo offers phone support; Uphold does not. Email support is available at both brokers. SpreadCo supports 2 languages and Uphold supports 1, giving SpreadCo broader global reach. SpreadCo scores higher overall on customer support in our assessment.
| Feature | SpreadCo | Uphold |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |