Uphold
Xtrade
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Overview
Uphold was founded in 2013 and is headquartered in United States, while Xtrade was established in 2003 and is based in Australia. Uphold holds licences including FCA and FINCEN: Uphold Europe Limited, while Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Uphold serves 4,000,000+ clients worldwide; Xtrade has 10,000+. Both brokers share the same minimum deposit of $1.
| Feature | Uphold | Xtrade |
|---|---|---|
| Min. Deposit | $1 | $1 |
| 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 | 2003 |
| Country | United States | Australia |
| Clients | 4,000,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Uphold and Xtrade, directly affecting your bottom line as a trader. Both require a minimum deposit of $1. Neither broker charges withdrawal fees. Xtrade charges deposit fees; Uphold does not. The two brokers are broadly comparable on fee structure.
| Feature | Uphold | Xtrade |
|---|---|---|
| Min. Deposit | $1 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Uphold offers a proprietary platform, while Xtrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Xtrade edges ahead on platform breadth and functionality in our scoring.
| Feature | Uphold | Xtrade |
|---|---|---|
| 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 | Not available |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Uphold and Xtrade compare. Uphold runs regular live webinars; Xtrade does not. Uphold has a video library; Xtrade does not. Uphold maintains an archive of past webinars for on-demand viewing. Uphold scores higher overall in education and research.
| Feature | Uphold | Xtrade |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Uphold uniquely supports bank transfer and credit/debit card among the two brokers. Uphold scores higher on deposit and withdrawal flexibility.
| Feature | Uphold | Xtrade |
|---|---|---|
| Bank Transfer | Yes | Not available |
| Credit Card | Yes | Not available |
| PayPal | No | Not available |
| Skrill | No | Not available |
| Neteller | No | Not available |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Uphold and Xtrade offer live chat support. Xtrade offers phone support; Uphold does not. Email support is available at both brokers. Uphold offers multilingual support. Xtrade scores higher overall on customer support in our assessment.
| Feature | Uphold | Xtrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | No | Yes |
| Email Support | Yes | Yes |
| Languages | English | Not available |