Uphold
VTB 24 Bank
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Uphold was founded in 2013 and is headquartered in United States, while VTB 24 Bank was established in 2008 and is based in Russia. Uphold holds licences including FCA and FINCEN: Uphold Europe Limited, while VTB 24 Bank is regulated by Unregulated among others. Uphold serves 4,000,000+ clients worldwide; VTB 24 Bank has 10,000+. The minimum deposit is $1 at Uphold and $100 at VTB 24 Bank.
| Feature | Uphold | VTB 24 Bank |
|---|---|---|
| Min. Deposit | $1 | $100 |
| Regulation | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 | Unregulated |
| Founded | 2013 | 2008 |
| Country | United States | Russia |
| Clients | 4,000,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Uphold and VTB 24 Bank, directly affecting your bottom line as a trader. Uphold has a lower barrier to entry with a minimum deposit of $1 (vs $100 at VTB 24 Bank). Neither broker charges withdrawal fees. Overall, Uphold scores higher on fees in our assessment.
| Feature | Uphold | VTB 24 Bank |
|---|---|---|
| Min. Deposit | $1 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Uphold offers a proprietary platform, while VTB 24 Bank supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. VTB 24 Bank supports social and copy trading features, which Uphold does not offer. VTB 24 Bank edges ahead on platform breadth and functionality in our scoring.
| Feature | Uphold | VTB 24 Bank |
|---|---|---|
| MT4 | No | Yes |
| MT5 | No | Yes |
| cTrader | No | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Web, Desktop & Mobile Apps | Desktop, Tablet & Mobile apps,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Uphold and VTB 24 Bank compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. VTB 24 Bank publishes daily market commentary; Uphold does not. VTB 24 Bank integrates third-party research tools (Trading Central); Uphold does not. Archived webinars are available at both brokers for self-paced learning. VTB 24 Bank scores higher overall in education and research.
| Feature | Uphold | VTB 24 Bank |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Uphold accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while VTB 24 Bank supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Uphold | VTB 24 Bank |
|---|---|---|
| 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 Uphold and VTB 24 Bank offer live chat support. VTB 24 Bank offers phone support; Uphold does not. Email support is available at both brokers. Uphold supports 1 language and VTB 24 Bank supports 2, giving VTB 24 Bank broader global reach. VTB 24 Bank scores higher overall on customer support in our assessment.
| Feature | Uphold | VTB 24 Bank |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | No | Yes |
| Email Support | Yes | Yes |
| Languages | English | English, and Chinese |