Uphold
XGLOBAL Markets
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Overview
Uphold was founded in 2013 and is headquartered in United States, while XGLOBAL Markets was established in 2008 and is based in Cyprus. Uphold holds licences including FCA and FINCEN: Uphold Europe Limited, while XGLOBAL Markets is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Uphold serves 4,000,000+ clients worldwide; XGLOBAL Markets has 10,000+. The minimum deposit is $1 at Uphold and $500 at XGLOBAL Markets.
| Feature | Uphold | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $1 | $500 |
| Regulation | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2013 | 2008 |
| Country | United States | Cyprus |
| Clients | 4,000,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Uphold and XGLOBAL Markets, directly affecting your bottom line as a trader. Uphold has a lower barrier to entry with a minimum deposit of $1 (vs $500 at XGLOBAL Markets). XGLOBAL Markets charges withdrawal fees while Uphold does not, giving Uphold an edge for frequent withdrawers. XGLOBAL Markets charges deposit fees; Uphold does not. Overall, Uphold scores higher on fees in our assessment.
| Feature | Uphold | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $1 | $500 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
Uphold offers a proprietary platform, while XGLOBAL Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. XGLOBAL Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | Uphold | XGLOBAL Markets |
|---|---|---|
| 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,iOS,Android |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Uphold and XGLOBAL Markets compare. Uphold runs regular live webinars; XGLOBAL Markets does not. Both provide video tutorials. XGLOBAL Markets integrates third-party research tools (Autochartist); Uphold does not. Uphold maintains an archive of past webinars for on-demand viewing. XGLOBAL Markets scores higher overall in education and research.
| Feature | Uphold | XGLOBAL Markets |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | Yes |
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 XGLOBAL Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Uphold | XGLOBAL Markets |
|---|---|---|
| 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 XGLOBAL Markets offer live chat support. XGLOBAL Markets offers phone support; Uphold does not. Email support is available at both brokers. Uphold supports 1 language and XGLOBAL Markets supports 2, giving XGLOBAL Markets broader global reach. XGLOBAL Markets scores higher overall on customer support in our assessment.
| Feature | Uphold | XGLOBAL Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | No | Yes |
| Email Support | Yes | Yes |
| Languages | English | English, and Chinese |