Uphold vs Ellevest, Who's Better?
Read our In-Depth Uphold vs Ellevest Review - 2022 Update
This Uphold vs Ellevest 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 Ellevest 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.
Ellevest Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Uphold vs Ellevest
Every online trading system will have a few pros and cons, and no Uphold and Ellevest review would be complete without showing both sides. Compare Uphold and Ellevest to understand how they line 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 a professional broker and are choosing between Uphold or Ellevest. Who is better in 2022?
Our Uphold vs Ellevest comparison contains the most recent information so you can easily compare Ellevest against Uphold.
If you're a new entrant in the world of trading and brokers, so many nuances will be confusing for you. Getting into the world of trading requires expert analyzing skills and comprehensive knowledge. You will get proficient at all the concepts of broker as you continue trading. For starters, you need to choose the right broker who will be transparent with you constantly.
In this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. Uphold and Ellevest are two such stages that will take you along with your investment into great heights. It is crucial to compare Uphold vs Ellevest before you trust them with your cash.
Our Uphold vs Ellevest comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Uphold and Ellevest side by side.
Our entire Uphold vs Ellevest Review covers all you need to learn about trading using either Uphold or Ellevest. A fantastic agent can multiply your initial investments and give you favorable profits. If you want to make profits, you must trade with a brokerage service that contrasts with your investment goals.
There's absolutely no sure-fire way to guarantee profits; therefore, you must carefully assess your broker before you select them. It's a common misconception that all brokers will be exactly the same, but that is not correct. Wrong judgment, in the beginning, can put your investments in danger.
Uphold and Ellevest are both brokers which have paved their way successfully into the broker world. In this review, we've tried to collate a number of the important aspects of both Uphold and Ellevest. This review will allow you to understand whether either Ellevest or Uphold is a good match for your own investments or not. We have tried to breakdown all the qualities and charges for your convenience.
Benefits of Uphold and Ellevest Compared
Uphold offers a minimum deposit of $1 while Ellevest offers a $1 minimum deposit.
Why smaller minimum deposits are good and how Uphold and Ellevest 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 Ellevest allows you to trade around 211 financial instruments on their platform.
The more instruments you can trade on the Uphold and Ellevest 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 never want to miss out on a trading opportunity due to the limitations of Uphold or Ellevest.
Uphold and Ellevest Contact Details
Being able to contact a broker through many ways is vital. Uphold and Ellevest have the following contact details and social medias that you can use.
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| Broker | Uphold | Ellevest |
| Telephone Number | +1 (415) 925-2711 | |
| support@uphold.com | ||
| Address | 700 Larkspur Landing Cir, Ste 263, Larkspur, California 94939, US | |
| Uphold Twitter Account | Ellevest Twitter Account | |
| Uphold Facebook Page | Ellevest Facebook Page | |
| Uphold Instagram Account | Ellevest Instagram Account | |
| Uphold LinkedIn Page | Ellevest LinkedIn Page | |
| YouTube | Uphold YouTube Channel | Ellevest YouTube Channel |
| Find Out More |
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Ellevest 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 Ellevest we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate 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
While most brokers are good at this, there are some poor ones. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin 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 Ellevest - Awards
Uphold vs Ellevest - Frequently Asked Questions
Uphold vs Ellevest - Headquarters And Year Of Founding
Uphold was founded in 2013 and has its head office in United States.
Ellevest was founded in 2008 and has its head office in USA.
What is the minimum deposit for Ellevest or Uphold
The minimum deposit for Uphold is $1.
The minimum deposit for Ellevest is $1.
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 Ellevest are a good choice.
Uphold vs Ellevest - 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 .
Ellevest is regulated by Unregulated.
Ellevest is unregulated but Uphold has a strong set of rules for ensuring fair trading onto its individual platforms. For information encryption functions, they supply industry-standard secure socket layer (SSL).
As per their individual privacy policy, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare Uphold vs Ellevest Commission And Fees
Uphold and Ellevest are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The cause of 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 customers they have.
But this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are mainly 3 types of fees for this objective.
The first kind of fees to keep an eye out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you are charged trading fees. In such instances, you are paying a spread, funding rate, or a commission. The kinds of trading charges and the rates differ from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the other hand, a spread refers to the gap between the buying and selling price. Financing or overnight rates are people that are charged when you hold a leveraged position for more than daily.
Apart from trading fees, online brokers also charge non-trading fees. These are dependent on the activities you undertake in your account. They're billed for operations like depositing cash, not trading for lengthy periods, or withdrawals.
In general, neither Uphold or Ellevest charge high fees compared to other online agents. For operations other brokers fee for, they either do not charge a broker fee, or they charge a smaller sum. This can be beneficial for people who regularly exchange, for example weekly or daily trading.
But, non-trading fees billed by Uphold and Ellevest are comparatively higher. Consequently, you are billed more for non-trading activities on your trading account, such as withdrawal and deposits. These are not about the sale and purchase of assets.
This Uphold vs Ellevest review for 2022 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For Uphold And Ellevest
What Languages Do Uphold And Ellevest Support?
Being able to communicate easily with your online platform is a key element when comparing trading platforms to find the best broker. Not only for support but to be sure you completely understand everything on their website and inside their app as it is a key part of success when trading forex.
Below you will find all the languages that both Uphold and Ellevest support.
How Many Clients Do Uphold and Ellevest Have?
Both Uphold and Ellevest are well known and trusted. It is important to work with an online broker that is professional and one of the easiest ways of establishing this is by knowing how many customers they already work with.
Below you will find details of how many clients Uphold and Ellevest are active on their platform
What Payment Methods Do Uphold and Ellevest Accept?
Uphold and Ellevest 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 Ellevest
What Can You Trade With Uphold and Ellevest?
Uphold offers 211 trading instruments and Ellevest offers 275.
Below you will find a full breakdown of what both Uphold and Ellevest offer.
Compare Uphold To All Other Brokers
Compare Ellevest To All Other Brokers