Uphold vs Binary Mate, Who's The Best?
Read our In-Depth Uphold vs Binary Mate Review - 2024 Update
Our Uphold vs Binary Mate review has been updated to reflect any changes for 2024 by industry experts boasting years of expertise in CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of Uphold vs Binary Mate 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.
Binary Mate Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Uphold vs Binary Mate
Every trading platforms has a few ups and downs, so any comprehensive Uphold and Binary Mate review cannnot be complete without having a fair assessment.
Compare Binary Mate and Uphold to understand the way they stack up with each other prior to you make an account. Performing a comprehensive comparison can place factors in perspective to ensure that you remain cognizant of what you should anticipate.
So you are looking for a broker and are choosing between Uphold or Binary Mate. Which one is best in 2024?
This Uphold vs Binary Mate comparison contains the latest information so you can easily compare Binary Mate against Uphold.
If you are a new entrant in the world of trading and brokers, so many facts will be confusing for you. Getting into the world of trading demands expert assessing skills and thorough understanding. You'll get proficient at all of the concepts of brokerage since you continue trading. For starters, you need to select the ideal broker who will be clear with you always.
In this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment program has the potential to create hefty returns. Uphold and Binary Mate are two such trading platforms which will take you along with your investment into great heights. It is crucial to compare Uphold vs Binary Mate before you trust them with your cash.
Our Uphold vs Binary Mate comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Uphold and Binary Mate side by side.
Our entire Uphold vs Binary Mate Review covers everything you will need to learn about trading using either Uphold or Binary Mate. A fantastic agent can multiply your first investments and give you positive profits. If you want to make profits, you must trade with a broker service that contrasts with your investment goals.
There's absolutely no sure-fire way to ensure profits; thus, you must carefully analyze your broker before you choose them. It's a common misconception that all agents will be the same, but that's not correct. Wrong judgment, in the beginning, can set your investments in danger.
Uphold and Binary Mate are both brokers which have found their way successfully to the brokerage world. Within this review, we've tried to collate a number of the important aspects of both Uphold and Binary Mate. This review can allow you to understand whether either Binary Mate or Uphold is a good match for your own investments or not. We've tried to breakdown all of the qualities and fees for your convenience.
Benefits of Uphold and Binary Mate Compared
Uphold offers a minimum deposit of $1 while Binary Mate offers a $1000 minimum deposit.
Why smaller minimum deposits are good and how Uphold and Binary Mate 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 while Binary Mate allows you to trade around 211 available.
The more instruments you can trade on the Uphold and Binary Mate trading 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 seriously do not want to miss out on a trading opportunity due to the limitations of Uphold or Binary Mate.
Uphold and Binary Mate Contact Details
Being able to contact an online trading platform easily is important. Uphold and Binary Mate have the following contact details and social medias that you can use.
|+1 (415) 925-2711
|700 Larkspur Landing Cir, Ste 263, Larkspur, California 94939, US
|Uphold Twitter Account
|Binary Mate Twitter Account
|Uphold Facebook Page
|Binary Mate Facebook Page
|Uphold Instagram Account
|Binary Mate Instagram Account
|Uphold LinkedIn Page
|Binary Mate LinkedIn Page
|Uphold YouTube Channel
|Binary Mate YouTube Channel
|Find Out More
Binary Mate 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.
This part of comparing Uphold and Binary Mate will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
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 have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
Uphold vs Binary Mate - Awards
Uphold vs Binary Mate - Frequently Asked Questions
Uphold vs Binary Mate - Headquarters And Year Of Founding
Uphold was founded in 2013 and has its headquaters in United States.
Binary Mate was founded in 2013 and has its headquaters in Malaysia.
What is the minimum deposit for Binary Mate or Uphold
The minimum deposit for Uphold is $1.
The minimum deposit for Binary Mate is $1000.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Uphold and Binary Mate are a good option.
Uphold vs Binary Mate - 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 .
Binary Mate is regulated by Cyprus Securities and Exchange Commission (CySEC).
Both Uphold and Binary Mate have a powerful set of rules for ensuring honest trading on their own platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their own privacy policies, client data is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare Uphold vs Binary Mate Commission And Fees
Uphold and Binary Mate are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled better. In other words, an online broker is not necessarily influenced by the number of clients they have.
However, this does not mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to earn money. There are mainly three types of fees for this purpose.
The first kind of charges to keep an eye out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you're charged trading charges. In these instances, you are spending a spread, financing speed, or a commission. The sorts of trading charges and the rates vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread denotes the gap between the buying and selling cost. Funding or overnight prices are those who are charged when you maintain a leveraged position for more than a day.
Apart from trading charges, online agents also charge non-trading fees. These are determined by the activities you undertake in your account. They're billed for surgeries like depositing money, not trading for lengthy periods, or withdrawals.
Generally, neither Uphold or Binary Mate charge high fees in comparison to other online agents. For operations other brokers fee for, they either do not charge a broker fee, or they charge a lesser sum. This can be beneficial for people who often trade, for example daily or weekly trading.
But, non-trading fees billed by Uphold and Binary Mate are comparatively competitive. As a result, you are billed more for non-trading activities in your trading accounts, like withdrawal and deposits. These are not related to the purchase and sale of resources.
This Uphold vs Binary Mate review for 2024 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For Uphold And Binary Mate
What Languages Do Uphold And Binary Mate Support?
Being able to talk easily with your online broker is a key way of comparing brokers to find the best broker. Not only for support but to ensure you completely understand everything on their website and inside their app as it is a key factor to success when trading online.
Here you will find the languages that both Uphold and Binary Mate support.
How Many Clients Do Uphold and Binary Mate Have?
Both Uphold and Binary Mate are well established with their client base. It is important to work with an online broker that is reputable and one of the easiest ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many clients Uphold and Binary Mate are working with
What Payment Methods Do Uphold and Binary Mate Accept?
Uphold and Binary Mate 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 Binary Mate
What Can You Trade With Uphold and Binary Mate?
Uphold offers 211 trading instruments and Binary Mate offers 54.
Below you will find a full breakdown of what both Uphold and Binary Mate offer.
Uphold vs Binary Mate:
Table Of Contents
- Compare Uphold vs Binary Mate
- Benefits of Uphold and Binary Mate Compared
- Binary Mate and Uphold Mobile App Comparison
- Uphold vs Binary Mate - Awards
- Uphold vs Binary Mate - Frequently Asked Questions
- What is the minimum deposit for Binary Mate or Uphold
- Uphold vs Binary Mate - Regulation And Licencing In More Detail
- Compare Broker Fees For Uphold And Binary Mate
- What Languages Do Uphold And Binary Mate Support?
- How Many Clients Do Uphold and Binary Mate Have?
- What Payment Methods Do Uphold and Binary Mate Accept?
- What Can You Trade With Uphold and Binary Mate?