Uphold vs Direct FX, Who's The Best?
Read our In-Depth Uphold vs Direct FX Review - Updated for 2022
This Uphold vs Direct FX 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 Direct FX 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.
Direct FX Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Uphold vs Direct FX
Every online trading platform will have some pros and cons, and no Uphold and Direct FX review would be complete without having a balanced approach. Compare Uphold and Direct FX to understand how they stack up against each other before you create an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for an online trading platform and are choosing between Uphold or Direct FX. Who should you choose?
Our Uphold vs Direct FX comparison contains the latest information so you can easily compare Direct FX against Uphold.
If you are a new entrant in the world of trading and brokers, so many details will be confusing for you. Getting into the world of trading demands expert assessing skills and comprehensive knowledge. You'll get adept at all of the concepts of brokerage as you continue trading. For starters, you have to select the right agent who will be clear with you constantly.
Within this fast-paced world of stock markets and trading, you will need guidance to make correct decisions. A professionally lead investment program has the potential to create hefty returns. Uphold and Direct FX are just two such stages that will take you along with your investment into great heights. It's important that you compare Uphold vs Direct FX before you trust them with your cash.
Our Uphold vs Direct FX comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Uphold and Direct FX side by side.
Our entire Uphold vs Direct FX Review covers everything you will need to know about trading using either Uphold or Direct FX. A good agent can multiply your first investments and provide you positive profits. If you would like to make profits, you should trade with a brokerage service that aligns with your investment goals.
There's absolutely no sure-fire way to guarantee profits; therefore, you should carefully assess your broker before you choose them. It is a common misconception that all agents will be the same, but that is not correct. Wrong judgment, initially, can put your investments at risk.
Uphold and Direct FX are both brokers which have forged their way successfully to the broker world. Within this review, we've tried to collate a number of the vital aspects of both Uphold and Direct FX. This review can help you to understand whether either Direct FX or Uphold is a fantastic match for your own investments or not. We have tried to breakdown all the features and fees for your advantage.
Benefits of Uphold and Direct FX Compared
Uphold has a minimum deposit of $1 while Direct FX offers a $1 minimum deposit.
Why smaller minimum deposits are good and how Uphold and Direct FX 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 allows you to trade around 211 financial instruments while Direct FX has around 211 available.
The more financial instruments you can trade on the Uphold and Direct FX 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 should never want to miss out on a trading opportunity due to the limitations of Uphold or Direct FX.
Uphold and Direct FX Contact Details
Being able to contact a broker through many ways is important. Uphold and Direct FX have the following contact details and social medias that you can use.
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| Broker | Uphold | Direct FX |
| Telephone Number | +1 (415) 925-2711 | |
| support@uphold.com | ||
| Address | 700 Larkspur Landing Cir, Ste 263, Larkspur, California 94939, US | |
| Uphold Twitter Account | Direct FX Twitter Account | |
| Uphold Facebook Page | Direct FX Facebook Page | |
| Uphold Instagram Account | Direct FX Instagram Account | |
| Uphold LinkedIn Page | Direct FX LinkedIn Page | |
| YouTube | Uphold YouTube Channel | Direct FX YouTube Channel |
| Find Out More |
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Direct FX 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 Direct FX will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. 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 Direct FX - Awards
Uphold vs Direct FX - Frequently Asked Questions
Uphold vs Direct FX - Headquarters And Year Of Founding
Uphold was founded in 2013 and has its head office in United States.
Direct FX was founded in 2006 and has its head office in New Zealand.
What is the minimum deposit for Direct FX or Uphold
The minimum deposit for Uphold is $1.
The minimum deposit for Direct FX is $1.
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 Direct FX are a good option.
Uphold vs Direct FX - 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 .
Direct FX is regulated by Unregulated.
Direct FX is unregulated but Uphold has a strong collection of rules for ensuring honest trading onto its platforms. For data encryption functions, they supply industry-standard secure socket layer (SSL).
In accordance with their privacy regulation, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare Uphold vs Direct FX Commission And Fees
Uphold and Direct FX are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online trading platforms are scaled better. That is, an online broker is not necessarily influenced by the number of customers they have.
However, this doesn't necessarily mean that online brokers don't charge any fees. They charge fees 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 look out for are trading fees. Whenever you make an actual trade, like purchasing a stock or an ETF, you are billed trading charges. In these instances, you are paying a spread, funding rate, or a commission. The kinds of trading fees and the prices vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread refers to the difference between the buying and selling cost. Financing or overnight rates are those who are billed when you hold a leveraged position for more than a day.
Apart from trading fees, online brokers also bill non-trading fees. These are determined by the actions you undertake on your accounts. They are charged for surgeries like depositing money, not trading for long periods, or withdrawals.
Generally, neither Uphold or Direct FX charge high fees in comparison to other online agents. For operations other brokers fee for, they do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for people who regularly exchange, for example daily or weekly trading.
But, non-trading fees billed by Uphold and Direct FX are relatively higher. Consequently, you are charged more for non-trading activities on your trading accounts, like deposits and withdrawal. These aren't about the sale and purchase of assets.
This Uphold vs Direct FX review for 2022 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For Uphold And Direct FX
What Languages Do Uphold And Direct FX Support?
Being able to chat completely with your trading platform is a key element when comparing brokers to find the best trading partner. Not only for support but to ensure you completely understand everything on their site and inside their application as it is a key factor to success when trading online.
Here you will find the languages that both Uphold and Direct FX offer communication in.
How Many Clients Do Uphold and Direct FX Have?
Both Uphold and Direct FX are well established with their client base. It is important to work with an online broker that is professional and one of the easiest ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many clients Uphold and Direct FX are working with
What Payment Methods Do Uphold and Direct FX Accept?
Uphold and Direct FX 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 Direct FX
What Can You Trade With Uphold and Direct FX?
Uphold offers 211 trading instruments while Direct FX offers .
Below you will find a full breakdown of what both Uphold and Direct FX offer.
Compare Uphold To All Other Brokers
Compare Direct FX To All Other Brokers