Uphold
Zerodha
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Overview
Uphold was founded in 2013 and is headquartered in United States, while Zerodha was established in 2010 and is based in India. Uphold holds licences including FCA and FINCEN: Uphold Europe Limited, while Zerodha is regulated by Securities and Exchange Board of India (SEBI) among others. Uphold serves 4,000,000+ clients worldwide; Zerodha has 1,500,000+. The minimum deposit is $1 at Uphold and $0 at Zerodha.
| Feature | Uphold | Zerodha |
|---|---|---|
| Min. Deposit | $1 | $0 |
| Regulation | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 2013 | 2010 |
| Country | United States | India |
| Clients | 4,000,000+ | 1,500,000+ |
Fees
Fees are a critical factor when choosing between Uphold and Zerodha, directly affecting your bottom line as a trader. Zerodha has a lower barrier to entry with a minimum deposit of $0 (vs $1 at Uphold). Neither broker charges withdrawal fees. Zerodha charges deposit fees; Uphold does not. The two brokers are broadly comparable on fee structure.
| Feature | Uphold | Zerodha |
|---|---|---|
| Min. Deposit | $1 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Uphold offers a proprietary platform, while Zerodha supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Zerodha edges ahead on platform breadth and functionality in our scoring.
| Feature | Uphold | Zerodha |
|---|---|---|
| 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 | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Uphold and Zerodha compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Zerodha publishes daily market commentary; Uphold does not. Zerodha integrates third-party research tools (Trading Central); Uphold does not. Archived webinars are available at both brokers for self-paced learning. Zerodha scores higher overall in education and research.
| Feature | Uphold | Zerodha |
|---|---|---|
| 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 Zerodha supports 1 (bank transfer). Uphold uniquely supports credit/debit card among the two brokers. Uphold scores higher on deposit and withdrawal flexibility.
| Feature | Uphold | Zerodha |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | No |
| 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 Zerodha offer live chat support. Zerodha offers phone support; Uphold does not. Email support is available at both brokers. Uphold supports 1 language and Zerodha supports 13, giving Zerodha broader global reach. Zerodha scores higher overall on customer support in our assessment.
| Feature | Uphold | Zerodha |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | No | Yes |
| Email Support | Yes | Yes |
| Languages | English | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce |