Uphold vs IC Markets, 2022 Update
Read our In-Depth Uphold vs IC Markets Review - for 2022
This Uphold vs IC Markets 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 IC Markets 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.
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Compare Uphold vs IC Markets
Every online trading platform will have a few ups and downs, and no Uphold and IC Markets review would be complete without showing both sides. Compare Uphold and IC Markets 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 broker and are choosing between Uphold or IC Markets. Who is better in 2022?
This Uphold vs IC Markets comparison contains the latest information so you can easily compare IC Markets against Uphold.
If you are a new entrant in the realm of trading and brokerages, so many details will be perplexing for you. Getting into the world of trading demands expert assessing skills and comprehensive knowledge. You will acquire adept at all the concepts of brokerage as you keep trading. For starters, you have to select the ideal agent who will be transparent with you constantly.
Within this fast-paced universe of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment plan has the potential to generate hefty returns. Uphold and IC Markets are just two such stages which will take you along with your investment into great heights. It's important that you compare Uphold vs IC Markets before you trust them with your cash.
Our Uphold vs IC Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Uphold and IC Markets side by side.
Our full Uphold vs IC Markets Review covers everything you will need to learn about trading with either Uphold or IC Markets. A fantastic broker can multiply your first investments and give you positive profits. If you would like to earn profits, you must trade with a brokerage service that contrasts with your investing goals.
There's absolutely no sure-fire method to ensure profits; therefore, you must carefully analyze your broker before you choose them. It's a common misconception that all agents are the same, but that is not correct. Wrong judgment, in the beginning, can set your investments in danger.
Uphold and IC Markets are both brokers that have found their way successfully to the broker world. Within this review, we've tried to collate a number of the important facets of both Uphold and IC Markets. This review will help you to know whether either IC Markets or Uphold is a good fit for your own investments or not. We have attempted to breakdown all of the qualities and charges for your convenience.
Benefits of Uphold and IC Markets Compared
Uphold offers a minimum deposit of $1 while IC Markets offers a $200 minimum deposit.
Why smaller minimum deposits are good and how Uphold and IC Markets 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 IC Markets has around 211 financial instruments available.
The more instruments you can trade on the Uphold and IC Markets 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 IC Markets.
Uphold and IC Markets Contact Details
Being able to contact an online trading platform easily is a sign of a professional broker. Uphold and IC Markets have the following contact details and social medias that you can use.
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| Broker | Uphold | IC Markets |
| Telephone Number | +1 (415) 925-2711 | +248 467 19 76 |
| support@uphold.com | support@icmarkets.com | |
| Address | 700 Larkspur Landing Cir, Ste 263, Larkspur, California 94939, US | Level 4, 50 Carrington Street, Sydney NSW 2000 |
| Uphold Twitter Account | IC Markets Twitter Account | |
| Uphold Facebook Page | IC Markets Facebook Page | |
| Uphold Instagram Account | IC Markets Instagram Account | |
| Uphold LinkedIn Page | IC Markets LinkedIn Page | |
| YouTube | Uphold YouTube Channel | IC Markets YouTube Channel |
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IC Markets 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 IC Markets we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both 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
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 IC Markets - Awards
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| Broker | Uphold | IC Markets |
| 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. |
IC Markets have won numerous industry awards over the years they have been running as a financial broker. We show the most notable awards for IC Markets below.
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Uphold vs IC Markets - Frequently Asked Questions
Uphold vs IC Markets - Headquarters And Year Of Founding
Uphold was founded in 2013 and has its head office in United States.
IC Markets was founded in 2007 and has its headquaters in Australia.
What is the minimum deposit for IC Markets or Uphold
The minimum deposit for Uphold is $1.
The minimum deposit for IC Markets is $200.
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 IC Markets are a good choice.
Uphold vs IC Markets - 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 .
IC Markets is regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).
Both Uphold and IC Markets have a strong collection of rules for ensuring fair trading on their platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their individual privacy regulations, client data is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare Uphold vs IC Markets Commission And Fees
Uphold and IC Markets are online broker platforms, and many 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 much better. In other words, an internet broker is not necessarily affected by the amount of clients they have.
However, this does not necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are mainly 3 types of fees for this purpose.
The first sort of fees to keep an eye out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you are charged trading charges. In such instances, you're paying a spread, funding speed, or even a commission. The sorts of trading charges and the prices vary from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the flip side, a spread refers to the gap between the buying and selling cost. Financing or overnight prices are those who are billed when you hold a leveraged position for more than daily.
Aside from trading charges, online brokers also bill non-trading fees. These are dependent on the actions you undertake on your account. They're charged for operations like depositing money, not trading for long periods, or withdrawals.
In general, neither Uphold or IC Markets charge high fees in comparison to other online brokers. For operations other brokers fee for, they either do not charge a broker fee, or they charge a smaller amount. This is beneficial for people who often exchange, for example weekly or daily trading.
However, non-trading fees billed by Uphold and IC Markets are relatively lower. Consequently, you are charged more for non-trading actions on your trading account, like withdrawal and deposits. These are not related to the purchase and sale of resources.
This Uphold vs IC Markets review for 2022 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For Uphold And IC Markets
What Languages Do Uphold And IC Markets Support?
Being able to chat easily with your trading broker is a key element when 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 factor to success when trading online.
Below you will find the languages that both Uphold and IC Markets support.
How Many Clients Do Uphold and IC Markets Have?
Both Uphold and IC Markets are well known and trusted. It is really important to work with a broker you can trust 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 IC Markets are active on their platform
What Payment Methods Do Uphold and IC Markets Accept?
Uphold and IC Markets 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 IC Markets
What Can You Trade With Uphold and IC Markets?
Uphold offers 211 trading instruments and IC Markets offers 232.
Below you will find a full breakdown of what both Uphold and IC Markets offer.
Compare Uphold To All Other Brokers
Compare IC Markets To All Other Brokers