UFX
Uphold
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Overview
UFX was founded in 2007 and is headquartered in Republic of Vanuatu, while Uphold was established in 2013 and is based in United States. UFX holds licences including Cyprus Securities and Exchange Commission (CySEC), while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. UFX serves 10,000+ clients worldwide; Uphold has 4,000,000+. The minimum deposit is $500 at UFX and $1 at Uphold.
| Feature | UFX | Uphold |
|---|---|---|
| Min. Deposit | $500 | $1 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 |
| Founded | 2007 | 2013 |
| Country | Republic of Vanuatu | United States |
| Clients | 10,000+ | 4,000,000+ |
Fees
Fees are a critical factor when choosing between UFX and Uphold, directly affecting your bottom line as a trader. Uphold has a lower barrier to entry with a minimum deposit of $1 (vs $500 at UFX). UFX charges withdrawal fees while Uphold does not, a notable advantage for frequent withdrawers. Overall, Uphold scores higher on fees in our assessment.
| Feature | UFX | Uphold |
|---|---|---|
| Min. Deposit | $500 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
UFX offers MT5, cTrader, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. UFX supports social and copy trading features, which Uphold does not offer. UFX edges ahead on platform breadth and functionality in our scoring.
| Feature | UFX | 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, 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 UFX and Uphold compare. Uphold runs regular live webinars; UFX does not. Both provide video tutorials. UFX integrates third-party research tools (Autochartist); Uphold does not. Uphold maintains an archive of past webinars for on-demand viewing. UFX scores higher overall in education and research.
| Feature | UFX | 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. UFX 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 | UFX | 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 UFX and Uphold offer live chat support. UFX offers phone support; Uphold does not. Email support is available at both brokers. UFX supports 2 languages and Uphold supports 1, giving UFX broader global reach. UFX scores higher overall on customer support in our assessment.
| Feature | UFX | Uphold |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |