ThinkMarkets
Uphold
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Overview
ThinkMarkets was founded in 2010 and is headquartered in Australia & United Kingdom, while Uphold was established in 2013 and is based in United States. ThinkMarkets holds licences including the Japanese Financial Services Agency (JFSA) with license no. 0250, while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. ThinkMarkets serves 475,000+ clients worldwide; Uphold has 4,000,000+. The minimum deposit is $0 at ThinkMarkets and $1 at Uphold.
| Feature | ThinkMarkets | Uphold |
|---|---|---|
| Min. Deposit | $0 | $1 |
| Regulation | the Japanese Financial Services Agency (JFSA) with license no. 0250, the Cyprus Securities and Exchange Commission (CySEC) with license no. 215/13, the Financial Conduct Authority (FCA 629628) in the UK, the Australian Securities and Investments Commission (ASIC 424700), the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Authority (FSA SD060) Seychelles. TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. TF GLobal Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700. TF GLobal Markets (South Africa) (Pty) Ltd is an authorised financial services provider (FSP No 49835). TF Global Markets Int Limited is authorised and regulated by the Financial Services Authority, Firm Reference Number SD060 Seychelles | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 |
| Founded | 2010 | 2013 |
| Country | Australia & United Kingdom | United States |
| Clients | 475,000+ | 4,000,000+ |
Fees
Fees are a critical factor when choosing between ThinkMarkets and Uphold, directly affecting your bottom line as a trader. ThinkMarkets has a lower barrier to entry with a minimum deposit of $0 (vs $1 at Uphold). Neither broker charges withdrawal fees. ThinkMarkets applies inactivity fees on dormant accounts; Uphold does not. The two brokers are broadly comparable on fee structure.
| Feature | ThinkMarkets | Uphold |
|---|---|---|
| Min. Deposit | $0 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
ThinkMarkets offers MT4, MT5, a proprietary platform, while Uphold supports a proprietary platform. ThinkMarkets supports social and copy trading features, which Uphold does not offer. The two brokers are closely matched on platform offering.
| Feature | ThinkMarkets | Uphold |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | No |
| cTrader | No | No |
| Windows App | No | Yes |
| iOS App | No | Yes |
| Android App | No | Yes |
| Trading Platforms | MT4, MT5 and ThinkTrader | Web, Desktop & Mobile Apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how ThinkMarkets and Uphold compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. ThinkMarkets publishes daily market commentary; Uphold does not. ThinkMarkets integrates third-party research tools (Trading Central, Autochartist); Uphold does not. Archived webinars are available at both brokers for self-paced learning. ThinkMarkets scores higher overall in education and research.
| Feature | ThinkMarkets | 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. ThinkMarkets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Uphold supports 2 (bank transfer, credit/debit card). ThinkMarkets uniquely supports PayPal and Skrill and Neteller among the two brokers. ThinkMarkets scores higher on deposit and withdrawal flexibility.
| Feature | ThinkMarkets | 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 ThinkMarkets and Uphold offer live chat support. ThinkMarkets offers phone support; Uphold does not. Email support is available at both brokers. ThinkMarkets supports 13 languages and Uphold supports 1, giving ThinkMarkets broader global reach. ThinkMarkets scores higher overall on customer support in our assessment.
| Feature | ThinkMarkets | Uphold |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, Portuguese, Vietnamese, Chinese, Czech, Greek, Indonesian, Thai, Malay, Italian, Arabic, German, Spanish and Japanese | English |