Uphold vs Libertex, for 2022
Read our In-Depth Uphold vs Libertex Review - 2022 Update
This Uphold vs Libertex 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 Libertex 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.
Libertex Excluded Countries
United States of America, Australia, New Zealand, Belgium, British Virgin Islands, Guam, Lebanon, United States Minor Outlying Islands, Northern Mariana Islands, Uganda, Philippines, Sri Lanka, Kuwait, Azerbaijan, Canada, Armenia, Russian Federation, Japan, Brazil, and Malaysia.
Compare Uphold vs Libertex
Every online trading platform has a few ups and downs, and no Uphold and Libertex review would be complete without showing both sides. Compare Uphold and Libertex to understand how they stack 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 Libertex. Who should you choose?
Our Uphold vs Libertex comparison contains the latest information so you can easily compare Libertex against Uphold.
If you are a new entrant in the realm of trading and brokers, so many details will be perplexing for you. Getting into the area of trading demands expert analyzing skills and thorough knowledge. You'll acquire proficient at all the concepts of brokerage since you continue trading. For starters, you need to select the right broker who'll be transparent with you constantly.
In this fast-paced world of stock markets and trading, you'll need guidance to make proper decisions. A professionally direct investment program has the potential to create hefty returns. Uphold and Libertex are just two such stages which will take you and your investment to great heights. It's crucial to compare Uphold vs Libertex until you trust them with your cash.
Our Uphold vs Libertex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Uphold and Libertex side by side.
Our entire Uphold vs Libertex Review covers all you need to know about trading using either Uphold or Libertex. A fantastic agent can multiply your first investments and give you favorable profits. If you would like to earn profits, you should trade with a brokerage service that aligns with your investing objectives.
There is no sure-fire way to guarantee profits; therefore, you must carefully assess your broker before you select them. It is a frequent misconception that all agents are the same, but that is not true. Wrong judgment, initially, can set your investments in danger.
Uphold and Libertex are both brokers that have forged their way successfully to the brokerage world. Within this review, we've attempted to collate some of the vital facets of both Uphold and Libertex. This review will help you to understand whether either Libertex or Uphold is a good fit for your investments or not. We've attempted to breakdown all of the qualities and fees for your convenience.
Benefits of Uphold and Libertex Compared
Uphold offers a minimum deposit of $1 while Libertex offers a $117 minimum deposit.
Why smaller minimum deposits are good and how Uphold and Libertex 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 Libertex allows you to trade around 211 available.
The more financial instruments you can trade on the Uphold and Libertex 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 Libertex.
Uphold and Libertex Contact Details
Being able to contact a broker through many ways is a sign of a professional broker. Uphold and Libertex have the following contact details and social medias that you can use.
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| Broker | Uphold | Libertex |
| Telephone Number | +1 (415) 925-2711 | +357 22 025 100 |
| support@uphold.com | info@libertex.com | |
| Address | 700 Larkspur Landing Cir, Ste 263, Larkspur, California 94939, US | 116 Gladstonos Street, Michael Kyprianou building, 1st Floor, Limassol 3032, Cyprus |
| Uphold Twitter Account | Libertex Twitter Account | |
| Uphold Facebook Page | Libertex Facebook Page | |
| Uphold Instagram Account | Libertex Instagram Account | |
| Uphold LinkedIn Page | Libertex LinkedIn Page | |
| YouTube | Uphold YouTube Channel | Libertex YouTube Channel |
| Find Out More |
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Libertex 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.
In this part of our comparison of Uphold and Libertex we'll check whether either of their mobile apps tick all the boxes.
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. 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 Libertex - Awards
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| Broker | Uphold | Libertex |
| 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. |
Libertex have won several industry awards over the years they have been operating as a financial broker. We list the most recognised awards for Libertex below.
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Uphold vs Libertex - Frequently Asked Questions
Uphold vs Libertex - Headquarters And Year Of Founding
Uphold was founded in 2013 and has its headquaters in United States.
Libertex was founded in 2012 and has its head office in Cyprus.
What is the minimum deposit for Libertex or Uphold
The minimum deposit for Uphold is $1.
The minimum deposit for Libertex is $117.
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 Libertex are a good option.
Uphold vs Libertex - 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 .
Libertex is regulated by Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12.
Both Uphold and Libertex have a strong collection of rules for ensuring honest trading onto their platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their privacy policies, client information is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare Uphold vs Libertex Commission And Fees
Uphold and Libertex are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online trading platforms are scaled much better. In other words, an internet broker is not necessarily influenced by the number of customers they have.
However, this does not mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are primarily 3 types of penalties for this purpose.
The first sort of charges to look out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you're charged trading fees. In such cases, you're spending a spread, financing speed, or a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread denotes the gap between the buying and selling cost. Financing or overnight prices are people who are billed when you hold a leveraged position for longer than daily.
Apart from trading charges, online agents also bill non-trading fees. These are determined by the actions you undertake on your accounts. They're billed for operations like depositing money, not investing for lengthy periods, or withdrawals.
Generally, neither Uphold or Libertex charge high fees compared to other online brokers. For operations other agents fee for, they either do not charge a broker fee, or they charge a smaller sum. This can be beneficial for people who regularly trade, for example weekly or daily trading.
However, non-trading fees billed by Uphold and Libertex are relatively competitive. As a result, you are billed more for non-trading actions in your trading accounts, like withdrawal and deposits. These are not about the purchase and sale of resources.
This Uphold vs Libertex review for 2022 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For Uphold And Libertex
What Languages Do Uphold And Libertex Support?
Being able to communicate completely with your online broker is a key element when comparing online brokers to find the best broker. Not only for support but to ensure you completely understand everything on their website and inside their application as it is a key factor to success when trading forex.
Here you will find the languages that both Uphold and Libertex offer communication in.
How Many Clients Do Uphold and Libertex Have?
Both Uphold and Libertex are well established with their client base. It is really important to work with an online broker that is professional and one of the most simple ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many customers Uphold and Libertex are active on their platform
What Payment Methods Do Uphold and Libertex Accept?
Uphold and Libertex 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 Libertex
What Can You Trade With Uphold and Libertex?
Uphold offers 211 trading instruments whilst Libertex offers 8.
Below you will find a full breakdown of what both Uphold and Libertex offer.
Compare Uphold To All Other Brokers
Compare Libertex To All Other Brokers