Uphold vs FXCM, for 2022
Read our In-Depth Uphold vs FXCM Review - for 2022
This Uphold vs FXCM 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 FXCM 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.
FXCM Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Uphold vs FXCM
Every online trading platform will have a few pros and cons, and no Uphold and FXCM review would be complete without showing both sides. Compare Uphold and FXCM to understand how they line 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 professional broker and are choosing between Uphold or FXCM. Which one is best in 2022?
Our Uphold vs FXCM comparison contains the latest information so you can easily compare FXCM against Uphold.
If you are a new entrant in the realm of trading and brokerages, so many facts will be perplexing for you. Getting into the world of trading demands expert analyzing skills and thorough knowledge. You will acquire adept at all of the concepts of broker as you continue trading. For starters, you need to choose the right agent who will be clear with you always.
Within this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally lead investment plan has the potential to generate hefty returns. Uphold and FXCM are two such stages that will take you along with your investment to great heights. It is important that you compare Uphold vs FXCM until you trust them with your cash.
Our Uphold vs FXCM comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Uphold and FXCM side by side.
Our entire Uphold vs FXCM Review covers all you need to know about trading using either Uphold or FXCM. A good broker can multiply your first investments and give you positive profits. If you would like to make profits, you should trade with a broker service that contrasts with your investing objectives.
There is no sure-fire way to ensure profits; therefore, you must carefully analyze your agent before you select them. It is a frequent misconception that all brokers are exactly the same, but that's not true. Wrong judgment, initially, can put your investments at risk.
Uphold and FXCM are both brokers which have forged their way successfully to the brokerage world. Within this review, we've attempted to collate some of the important aspects of both Uphold and FXCM. This review can help you to know whether either FXCM or Uphold is a good fit for your investments or not. We've attempted to breakdown all of the features and charges for your convenience.
Benefits of Uphold and FXCM Compared
Uphold offers a minimum deposit of $1 while FXCM has a $1 minimum deposit.
Why smaller minimum deposits are good and how Uphold and FXCM 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 whilst FXCM has around 211 on their platform.
The more instruments you can trade on the Uphold and FXCM 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 FXCM.
Uphold and FXCM Contact Details
Being able to contact an online trading platform through many ways is vital. Uphold and FXCM have the following contact details and social medias that you can use.
|Telephone Number||+1 (415) 925-2711|
|Address||700 Larkspur Landing Cir, Ste 263, Larkspur, California 94939, US|
|Uphold Twitter Account||FXCM Twitter Account|
|Uphold Facebook Page||FXCM Facebook Page|
|Uphold Instagram Account||FXCM Instagram Account|
|Uphold LinkedIn Page||FXCM LinkedIn Page|
|YouTube||Uphold YouTube Channel||FXCM YouTube Channel|
|Find Out More||
FXCM and Uphold Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing Uphold and FXCM will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
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 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 FXCM - Awards
Uphold vs FXCM - Frequently Asked Questions
Uphold vs FXCM - Headquarters And Year Of Founding
Uphold was founded in 2013 and has its head office in United States.
FXCM was founded in 1999 and has its headquaters in United States.
What is the minimum deposit for FXCM or Uphold
The minimum deposit for Uphold is $1.
The minimum deposit for FXCM is $1.
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 FXCM are a good option.
Uphold vs FXCM - 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 .
FXCM is regulated by Financial Conduct Authority (FCA).
Both Uphold and FXCM have a strong set of rules for ensuring honest trading on their platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
As per their own privacy policies, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare Uphold vs FXCM Commission And Fees
Uphold and FXCM are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online trading platforms are scaled better. In other words, an internet 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 various services to make money. There are primarily three different types of penalties for this purpose.
The first kind of charges to look out for are trading charges. When you make an actual trade, like purchasing a stock or an ETF, you're charged trading charges. In such cases, you're spending a spread, funding 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 other hand, a spread refers to the gap between the buying and selling price. Funding or overnight prices are people that are charged when you maintain a leveraged position for more than a day.
Aside from trading charges, online agents also bill non-trading fees. These are determined by the activities you undertake on your account. They're billed for surgeries like depositing cash, not investing for long periods, or withdrawals.
In general, neither Uphold or FXCM charge high fees in comparison to other online agents. For operations other agents charge for, they either do not charge a broker fee, or they charge a smaller sum. This is beneficial for those who often trade, such as daily or weekly trading.
But, non-trading fees charged by Uphold and FXCM are comparatively greater. As a result, you are billed more for non-trading actions on your trading accounts, like withdrawal and deposits. These are not about the sale and purchase of assets.
This Uphold vs FXCM review for 2022 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For Uphold And FXCM
What Languages Do Uphold And FXCM Support?
Being able to communicate completely with your trading platform is a key way of comparing brokers to find your perfect trading partner. Not only for support but to be sure you completely understand everything on their site and inside their application as it is a key part of success when trading forex.
Below you can find the languages that both Uphold and FXCM offer communication in.
How Many Clients Do Uphold and FXCM Have?
Both Uphold and FXCM are well established with their client base. It is important to work with an online broker you can trust and one of the most simple ways of establishing this is by knowing how many clients they already work with.
Below you will find details of how many clients Uphold and FXCM have
What Payment Methods Do Uphold and FXCM Accept?
Uphold and FXCM 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 FXCM
What Can You Trade With Uphold and FXCM?
Uphold offers 211 trading instruments while FXCM offers 100.
Below you will find a full breakdown of what both Uphold and FXCM offer.
Compare Uphold To All Other Brokers
Compare FXCM To All Other Brokers
Uphold vs FXCM:
Table Of Contents
- Compare Uphold vs FXCM
- Benefits of Uphold and FXCM Compared
- FXCM and Uphold Mobile App Comparison
- Uphold vs FXCM - Awards
- Uphold vs FXCM - Frequently Asked Questions
- What is the minimum deposit for FXCM or Uphold
- Uphold vs FXCM - Regulation And Licencing In More Detail
- Compare Broker Fees For Uphold And FXCM
- What Languages Do Uphold And FXCM Support?
- How Many Clients Do Uphold and FXCM Have?
- What Payment Methods Do Uphold and FXCM Accept?
- What Can You Trade With Uphold and FXCM?