Uphold vs AvaTrade, Who's The Best?
Read our In-Depth Uphold vs AvaTrade Review - 2022 Update
This Uphold vs AvaTrade review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this Uphold vs AvaTrade review does not apply to all countries as follows:
Uphold Excluded Countries
Anguilla, Antarctica, Armenia, Azerbaijan, Barbados, Belarus, Cambodia, Central African Republic, Chad, Cuba, Eritrea, Fiji, French Southern Territories, Guinea, Heard Island and McDonald Islands, Iran, Lebanon, Liberia, Mali, Mauritius, Democratic Peoples Republic of Korea, Palau, Samoa, Sudan, Syrian Arab Republic, United States Minor Outlying Islands, Vanuatu, Albania, American Samoa, Azerbaijan, Bangladesh, Belarus, Bosnia and Herzegovina, Bulgaria, Burundi, China, Democratic Republic of the Congo, Congo, Croatia, Equatorial Guinea, Georgia, Germany, Guinea Bissau, Haiti, Indonesia, Iraq, Kenya, Libya, Republic of Moldova, Montenegro, Myanmar, Netherlands, North Macedonia, Romania, Russian Federation, Serbia, Slovenia, Somalia, Turkmenistan, Ukraine, Venezuela, Vietnam, and Yemen.
AvaTrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Uphold vs AvaTrade
Every online trading system will have some pros and cons, and no Uphold and AvaTrade review would be complete without showing both sides. Compare Uphold and AvaTrade to understand how they stack up against each other before you open an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for a broker and are choosing between Uphold or AvaTrade. Who should you choose?
This Uphold vs AvaTrade comparison contains the most recent information so you can easily compare AvaTrade against Uphold.
If you are a new entrant in the world of trading and brokerages, so many nuances will be confusing for you. Getting into the area of trading demands expert analyzing skills and thorough understanding. You'll acquire adept at all the concepts of brokerage as you continue trading. For starters, you need to choose the right agent who'll be clear with you always.
In this fast-paced world of stock markets and trading, you will need advice to make proper decisions. A professionally direct investment plan has the potential to generate hefty returns. Uphold and AvaTrade are two such trading platforms which will take you along with your investment to great heights. It's crucial that you compare Uphold vs AvaTrade until you trust them with your cash.
Our Uphold vs AvaTrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Uphold and AvaTrade side by side.
Our full Uphold vs AvaTrade Review covers all you need to learn about trading with either Uphold or AvaTrade. A fantastic agent can multiply your initial investments and give you favorable profits. If you want to earn profits, you must trade with a brokerage service that aligns with your investment objectives.
There is no sure-fire way to guarantee profits; therefore, you should carefully assess your broker before you choose them. It's a common misconception that all agents will be the same, but that is not true. Wrong judgment, initially, can put your investments in danger.
Uphold and AvaTrade are both brokers that have forged their way successfully to the broker world. Within this review, we've tried to collate a number of the vital facets of both Uphold and AvaTrade. This review can help you to know whether either AvaTrade or Uphold is a fantastic fit for your investments or not. We've tried to breakdown all the features and charges for your convenience.
Benefits of Uphold and AvaTrade Compared
Uphold offers a minimum deposit of $1 while AvaTrade has a $250 minimum deposit.
Why smaller minimum deposits are good and how Uphold and AvaTrade compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Uphold has around 211 financial instruments whilst AvaTrade has around 211 available.
The more instruments you can trade on the Uphold and AvaTrade platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of Uphold or AvaTrade.
Uphold and AvaTrade Contact Details
Being able to contact an online trading platform through many ways is a sign of a professional broker. Uphold and AvaTrade have the following contact details and social medias that you can use.
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| Broker | Uphold | AvaTrade |
| Telephone Number | +1 (415) 925-2711 | +353 76 680 3327 |
| support@uphold.com | cs@avatrade.com | |
| Address | 700 Larkspur Landing Cir, Ste 263, Larkspur, California 94939, US | Ul. Postpu 15, Warsaw, Masovian Voivodeship 02-676, PL |
| Uphold Twitter Account | AvaTrade Twitter Account | |
| Uphold Facebook Page | AvaTrade Facebook Page | |
| Uphold Instagram Account | AvaTrade Instagram Account | |
| Uphold LinkedIn Page | AvaTrade LinkedIn Page | |
| YouTube | Uphold YouTube Channel | AvaTrade YouTube Channel |
| Find Out More |
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AvaTrade and Uphold Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of Uphold and AvaTrade we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
Uphold vs AvaTrade - Awards
Uphold vs AvaTrade - Frequently Asked Questions
Uphold vs AvaTrade - Headquarters And Year Of Founding
Uphold was founded in 2013 and has its headquaters in United States.
AvaTrade was founded in 2006 and has its head office in The British Virgin Islands.
What is the minimum deposit for AvaTrade or Uphold
The minimum deposit for Uphold is $1.
The minimum deposit for AvaTrade is $250.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Uphold and AvaTrade are a good choice.
Uphold vs AvaTrade - Regulation And Licencing In More Detail
Uphold is regulated by FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 .
AvaTrade is regulated by Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI).
Both Uphold and AvaTrade have a strong set of rules for ensuring fair trading on their platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their own privacy regulations, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare Uphold vs AvaTrade Commission And Fees
Uphold and AvaTrade are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online trading platforms are scaled much better. That is, an internet broker isn't necessarily affected by the amount of clients they have.
But this does not necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for various services to earn money. There are primarily 3 types of penalties for this purpose.
The first sort of charges to look out for are trading charges. Whenever you make a genuine trade, like buying a stock or an ETF, you are charged trading charges. In such instances, you're paying a spread, funding rate, or a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions could be fixed or determined by the traded volume. On the other hand, a spread denotes the gap between the buying and selling cost. Financing or overnight prices are those who are charged when you hold a leveraged position for more than a day.
Aside from trading charges, online agents also charge non-trading fees. These are determined by the activities you undertake on your accounts. They're charged for operations like depositing money, not trading for lengthy periods, or withdrawals.
In general, neither Uphold or AvaTrade charge high fees in comparison to other online brokers. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for those who regularly exchange, for example daily or weekly trading.
But, non-trading fees charged by Uphold and AvaTrade are comparatively higher. Consequently, you are billed more for non-trading activities in your trading accounts, like deposits and withdrawal. These aren't about the sale and purchase of assets.
This Uphold vs AvaTrade review for 2022 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For Uphold And AvaTrade
What Languages Do Uphold And AvaTrade Support?
Being able to chat easily with your online platform is a key way of comparing online brokers to find the best broker. Not only for support but to be sure you completely understand everything on their site and inside their application as it is a key factor to success when trading forex.
Here you can find the languages that both Uphold and AvaTrade offer communication in.
How Many Clients Do Uphold and AvaTrade Have?
Both Uphold and AvaTrade are well known and trusted. It is important to work with an online broker that is professional and one of the most simple ways of establishing this is by knowing how many customers they already work with.
Below you will find details of how many customers Uphold and AvaTrade are working with
What Payment Methods Do Uphold and AvaTrade Accept?
Uphold and AvaTrade both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Uphold and AvaTrade
What Can You Trade With Uphold and AvaTrade?
Uphold offers 211 trading instruments while AvaTrade offers 250.
Below you will find a full breakdown of what both Uphold and AvaTrade offer.
Compare Uphold To All Other Brokers
Compare AvaTrade To All Other Brokers