Uphold vs First Trade, Who's Better?

Compare Uphold vs First Trade

Every trading platforms will have certain pros and cons, and a complete review of Uphold and First Trade should not be regarded as thorough without having an objective perspective.

Assess First Trade and Uphold in order to understand just how they stack up with each before you decide to open an account. A comprehensive comparison helps to place factors into perspective in order that you are aware of the expectations.

So you are looking for a broker and are choosing between Uphold or First Trade. Who is better in 2025?

This Uphold vs First Trade comparison contains the latest information so you can easily compare First Trade against Uphold.

If you're a new entrant in the realm of trading and brokers, so many nuances will be perplexing for you. Getting into the world of trading demands expert analyzing skills and thorough knowledge. You'll acquire proficient at all of the concepts of broker as you keep trading. For starters, you need to select the right broker who'll be clear with you constantly.

Within this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment program has the potential to create hefty returns. Uphold and First Trade are two such stages that will take you and your investment into great heights. It is important that you compare Uphold vs First Trade until you trust them with your money.

Our Uphold vs First Trade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Uphold and First Trade side by side.

Our entire Uphold vs First Trade Review covers all you need to learn about trading with either Uphold or First Trade. A fantastic broker can multiply your initial investments and give you favorable profits. If you would like to make profits, you must trade with a broker service that aligns with your investing goals.

There is no sure-fire way to ensure profits; thus, you should carefully analyze your broker before you select them. It's a frequent misconception that all brokers will be exactly the same, but that's not correct. Wrong judgment, initially, can set your investments at risk.

Uphold and First Trade are both brokers which have forged their way successfully into the broker world. In this review, we've attempted to collate a number of the vital aspects of both Uphold and First Trade. This review can help you to know whether either First Trade or Uphold is a good fit for your own investments or not. We have tried to breakdown all of the features and fees for your convenience.

Benefits of Uphold and First Trade Compared

Uphold has a minimum deposit of $1 while First Trade has a $5 minimum deposit.

Why smaller minimum deposits are good and how Uphold and First Trade 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 First Trade allows you to trade around 211 on their platform.

The more instruments you can trade on the Uphold and First Trade 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 First Trade.

Uphold and First Trade Contact Details

Being able to contact a broker through many ways is a sign of a professional broker. Uphold and First Trade have the following contact details and social medias that you can use.

First Trade 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 First Trade 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

Although most brokers do OK in this area, there are some bad apples out there. 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 First Trade - Awards

Uphold vs First Trade - Frequently Asked Questions

Uphold vs First Trade - Headquarters And Year Of Founding

Uphold was founded in 2013 and has its headquaters in United States.

First Trade was founded in 2008 and has its headquaters in USA.

What is the minimum deposit for First Trade or Uphold

The minimum deposit for Uphold is $1.

The minimum deposit for First Trade is $5.

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 First Trade are a good option.

Uphold vs First Trade - 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 .

First Trade is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).

Both Uphold and First Trade have a strong collection of rules for ensuring honest trading on their own platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).

In accordance with their individual privacy regulations, client data is never to be shared with any other institutions or individuals. This includes credit history and other financial details.

Compare Uphold vs First Trade Commission And Fees

Uphold and First Trade are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online trading platforms are scaled better. That is, an internet broker is not necessarily influenced by the number of customers they have.

But this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for various services to make money. There are mainly 3 types of penalties for this objective.

The first kind of fees to look out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you're charged trading charges. In these cases, you're spending a spread, financing rate, or even a commission. The sorts of trading charges and the prices differ from broker to broker.

Commissions could 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 longer than daily.

Aside from trading charges, online brokers also bill non-trading fees. These are determined by the actions you undertake in your account. They're billed for surgeries like depositing money, not trading for long periods, or withdrawals.

Generally, neither Uphold or First Trade charge high fees in comparison to other online brokers. For operations other brokers charge for, they do not charge a broker fee, or they charge a smaller amount. This can be beneficial for those who often trade, such as weekly or daily trading.

However, non-trading fees billed by Uphold and First Trade are relatively lower. Consequently, you're charged more for non-trading actions on your trading account, such as deposits and withdrawal. These aren't related to the sale and purchase of resources.

This Uphold vs First Trade review for 2025 breaks down every one of the relevant non-trading fees for you in detail.

Compare Broker Fees For Uphold And First Trade

What Languages Do Uphold And First Trade Support?

Being able to chat completely with your trading platform is a key part of comparing online brokers to find the best broker. Not only for support but to be sure you understand everything on their website and inside their app as it is a key part of success when trading forex.

Below you can find the languages that both Uphold and First Trade support.

How Many Clients Do Uphold and First Trade Have?

Both Uphold and First Trade are well established with their client base. It is important to work with a broker you can trust and one of the most simple ways of understanding this is by knowing how many clients are using their services.

Below you will find details of how many customers Uphold and First Trade are active on their platform

What Payment Methods Do Uphold and First Trade Accept?

Uphold and First Trade 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 First Trade

What Can You Trade With Uphold and First Trade?

Uphold offers 211 trading instruments whilst First Trade offers 101.

Below you will find a full breakdown of what both Uphold and First Trade offer.