Uphold vs Eightcap, Who's Better?
Read our In-Depth Uphold vs Eightcap Review - for 2024
Our review comparing Uphold and Eightcap has been refreshed for 2024 from seasoned professionals boasting extensive expertise across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of Uphold vs Eightcap 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.
Eightcap Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Uphold vs Eightcap
Each platforms for online trading feature some pros and cons, so any comprehensive Uphold and Eightcap review would not be complete without adopting a balanced approach.
Compare Uphold and Eightcap in order to understand just how they compare against one another prior to you make an account. Performing a side-by-side comparison helps to bring aspects into perspective to ensure that you are cognizant of the expectations.
So you are looking for a reputable broker and are choosing between Uphold or Eightcap. Which one is best in 2024?
This Uphold vs Eightcap comparison contains the latest information so you can easily compare Eightcap against Uphold.
If you are a new entrant in the world of trading and brokerages, so many details will be perplexing for you. Getting into the world of trading demands expert analyzing skills and thorough knowledge. You'll acquire adept at all the concepts of broker since you continue trading. For starters, you need to select the right agent who'll be clear with you constantly.
In this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment plan has the potential to create hefty returns. Uphold and Eightcap are two such companies which will take you and your investment to great heights. It's important to compare Uphold vs Eightcap until you trust them with your money.
Our Uphold vs Eightcap comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Uphold and Eightcap side by side.
Our entire Uphold vs Eightcap Review covers all you need to learn about trading with either Uphold or Eightcap. A fantastic broker can multiply your first investments and give you favorable profits. If you would like to make profits, you must trade with a broker service that contrasts with your investing objectives.
There's absolutely no sure-fire way to ensure profits; thus, you must carefully assess your agent before you select them. It's a common misconception that all agents are the same, but that is not true. Wrong judgment, initially, can set your investments at risk.
Uphold and Eightcap are both brokers that have forged their way successfully to the brokerage world. Within this review, we have tried to collate a number of the important aspects of both Uphold and Eightcap. This review can help you to understand whether either Eightcap or Uphold is a fantastic fit for your investments or not. We've tried to breakdown all the features and charges for your advantage.
Benefits of Uphold and Eightcap Compared
Uphold offers a minimum deposit of $1 while Eightcap has a $100 minimum deposit.
Why smaller minimum deposits are good and how Uphold and Eightcap 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 Eightcap has around 211 financial instruments on their platform.
The more instruments you can trade on the Uphold and Eightcap 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 Eightcap.
Uphold and Eightcap Contact Details
Being able to contact an online trading platform easily is important. Uphold and Eightcap have the following contact details and social medias that you can use.
Broker | Uphold | Eightcap |
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Telephone Number | +1 (415) 925-2711 | +61 3 8373 4800 |
support@uphold.com | customerservice@eightcap.com | |
Address | 700 Larkspur Landing Cir, Ste 263, Larkspur, California 94939, US | Level 6, 360 Collins St, Melbourne, Victoria 3000, AU |
Uphold Twitter Account | Eightcap Twitter Account | |
Uphold Facebook Page | Eightcap Facebook Page | |
Uphold Instagram Account | Eightcap Instagram Account | |
Uphold LinkedIn Page | Eightcap LinkedIn Page | |
YouTube | Uphold YouTube Channel | Eightcap YouTube Channel |
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Eightcap 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 Eightcap will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the apps as Better than the 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 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 Eightcap - Awards
Broker | Uphold | Eightcap |
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Awards | At the time of writing this Uphold review, and despite Uphold’s impressive offering, the company has surprisingly not garnered any awards to date. |
Eightcap have won several industry awards over the years they have been running as an online trading platform. We list the most recognised awards for Eightcap below.
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Find Out More |
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Uphold vs Eightcap - Frequently Asked Questions
Uphold vs Eightcap - Headquarters And Year Of Founding
Uphold was founded in 2013 and has its headquaters in United States.
Eightcap was founded in 2009 and has its head office in Australia.
What is the minimum deposit for Eightcap or Uphold
The minimum deposit for Uphold is $1.
The minimum deposit for Eightcap is $100.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Uphold and Eightcap are a good choice.
Uphold vs Eightcap - 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 .
Eightcap is regulated by Australian Securities and Investment Commission (ASIC).
Both Uphold and Eightcap have a strong collection of rules for ensuring fair trading on their individual platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their individual privacy regulations, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare Uphold vs Eightcap Commission And Fees
Uphold and Eightcap are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online trading platforms are scaled better. That is, an online broker is not necessarily affected by the number of clients they have.
However, this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to make money. There are mainly 3 types of penalties for this purpose.
The first kind of fees to keep an eye out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you are charged trading charges. In these cases, you're paying a spread, financing rate, or even a commission. The kinds of trading charges and the rates vary from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the other hand, a spread refers to the difference between the buying and selling price. Financing or overnight prices are people that 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 actions you undertake in your accounts. They're billed for operations like depositing money, not trading for long periods, or withdrawals.
In general, neither Uphold or Eightcap charge high fees compared to other online agents. For operations other agents fee for, they either do not charge a broker fee, or they charge a lesser sum. This can be beneficial for those who regularly exchange, such as weekly or daily trading.
However, non-trading fees billed by Uphold and Eightcap are comparatively lower. As a result, you're charged more for non-trading actions in your trading accounts, such as withdrawal and deposits. These aren't about the purchase and sale of resources.
This Uphold vs Eightcap review for 2024 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For Uphold And Eightcap
What Languages Do Uphold And Eightcap Support?
Being able to communicate easily with your online platform is a key part of comparing brokers to find the best trading partner. Not only for support but to ensure you understand everything on their website and inside their app as it is a key part of success when trading online.
Here you can find the languages that both Uphold and Eightcap offer communication in.
How Many Clients Do Uphold and Eightcap Have?
Both Uphold and Eightcap are well established with their customer base. It is important to work with a broker that is professional and one of the most simple ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many customers Uphold and Eightcap are active on their platform
What Payment Methods Do Uphold and Eightcap Accept?
Uphold and Eightcap 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 Eightcap
What Can You Trade With Uphold and Eightcap?
Uphold offers 211 trading instruments whilst Eightcap offers 100.
Below you will find a full breakdown of what both Uphold and Eightcap offer.
Uphold Review
Uphold vs Eightcap:
Table Of Contents
- Compare Uphold vs Eightcap
- Benefits of Uphold and Eightcap Compared
- Eightcap and Uphold Mobile App Comparison
- Uphold vs Eightcap - Awards
- Uphold vs Eightcap - Frequently Asked Questions
- What is the minimum deposit for Eightcap or Uphold
- Uphold vs Eightcap - Regulation And Licencing In More Detail
- Compare Broker Fees For Uphold And Eightcap
- What Languages Do Uphold And Eightcap Support?
- How Many Clients Do Uphold and Eightcap Have?
- What Payment Methods Do Uphold and Eightcap Accept?
- What Can You Trade With Uphold and Eightcap?