Uphold vs Roboforex, Who's The Best?
Read our In-Depth Uphold vs Roboforex Review - for 2022
This Uphold vs Roboforex 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 Roboforex 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.
Roboforex Excluded Countries
United States of America, and Japan.
Compare Uphold vs Roboforex
Every online trading system will have a few ups and downs, and no Uphold and Roboforex review would be complete without showing both sides. Compare Uphold and Roboforex 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 reputable broker and are choosing between Uphold or Roboforex. Who should you choose?
Our Uphold vs Roboforex comparison contains the most recent information so you can easily compare Roboforex against Uphold.
If you are a new entrant in the world of trading and brokerages, so many details will be confusing for you. Getting into the area of trading requires expert analyzing skills and thorough understanding. You'll get proficient at all the concepts of broker as you keep trading. For starters, you have to select the right agent who will be clear with you constantly.
Within this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally lead investment plan has the potential to create hefty returns. Uphold and Roboforex are just two such stages that will take you along with your investment into great heights. It is crucial to compare Uphold vs Roboforex before you trust them with your money.
Our Uphold vs Roboforex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Uphold and Roboforex side by side.
Our entire Uphold vs Roboforex Review covers all you will need to learn about trading using either Uphold or Roboforex. A fantastic broker can multiply your initial investments and provide you favorable profits. If you want to earn profits, you must trade with a broker service that aligns with your investment objectives.
There is no sure-fire method to ensure profits; therefore, you should carefully assess your agent before you choose them. It's a frequent misconception that all agents are exactly the same, but that's not correct. Wrong judgment, initially, can put your investments at risk.
Uphold and Roboforex are both brokers that have found their way successfully to the broker world. Within this review, we've attempted to collate some of the vital facets of both Uphold and Roboforex. This review can help you to know whether either Roboforex or Uphold is a good fit for your investments or not. We've attempted to breakdown all the features and charges for your advantage.
Benefits of Uphold and Roboforex Compared
Uphold has a minimum deposit of $1 while Roboforex has a $1 minimum deposit.
Why smaller minimum deposits are good and how Uphold and Roboforex 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 whilst Roboforex has around 211 financial instruments available.
The more financial instruments you can trade on the Uphold and Roboforex 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 Roboforex.
Uphold and Roboforex Contact Details
Being able to contact an online trading platform easily is vital. Uphold and Roboforex have the following contact details and social medias that you can use.
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| Broker | Uphold | Roboforex |
| Telephone Number | +1 (415) 925-2711 | +65 3158 8389 |
| support@uphold.com | info@roboforex.com | |
| Address | 700 Larkspur Landing Cir, Ste 263, Larkspur, California 94939, US | Soboh House 377, 28th October Street, office #1, Limassol, Limassol 3107 |
| Uphold Twitter Account | Roboforex Twitter Account | |
| Uphold Facebook Page | Roboforex Facebook Page | |
| Uphold Instagram Account | Roboforex Instagram Account | |
| Uphold LinkedIn Page | Roboforex LinkedIn Page | |
| YouTube | Uphold YouTube Channel | Roboforex YouTube Channel |
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Roboforex 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 Roboforex we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate 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. 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 Roboforex - Awards
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| Broker | Uphold | Roboforex |
| 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. |
Roboforex have won several industry awards over the time they have been operating as an online broker. We show the most recognised awards for Roboforex below.
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Uphold vs Roboforex - Frequently Asked Questions
Uphold vs Roboforex - Headquarters And Year Of Founding
Uphold was founded in 2013 and has its head office in United States.
Roboforex was founded in 2009 and has its head office in Cyprus.
What is the minimum deposit for Roboforex or Uphold
The minimum deposit for Uphold is $1.
The minimum deposit for Roboforex 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 Roboforex are a good option.
Uphold vs Roboforex - 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 .
Roboforex is regulated by Cyprus Securities and Exchange Commission (CySEC), IFSC Belize license No. 000138/210, Member of the Financial Commission Compensation Fund..
Both Uphold and Roboforex 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).
As per their own privacy regulations, client data is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare Uphold vs Roboforex Commission And Fees
Uphold and Roboforex are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled much better. That is, an internet broker is not necessarily influenced by the amount of customers they have.
However, this doesn't necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are mainly 3 different types of fees for this objective.
The first kind of charges to look out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you are charged trading charges. In such instances, you are paying a spread, funding speed, or even a commission. The kinds of trading fees and the rates differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread denotes the difference between the buying and selling cost. Funding or overnight prices are those who are charged when you hold a leveraged position for more than daily.
Apart from trading charges, online agents also bill non-trading fees. These are determined by the actions you undertake on your account. They're charged for surgeries like depositing money, not trading for long periods, or withdrawals.
In general, neither Uphold or Roboforex charge high fees in comparison to other online agents. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for those who often exchange, for example weekly or daily trading.
However, non-trading fees billed by Uphold and Roboforex are relatively competitive. As a result, you're charged more for non-trading actions on your trading account, such as withdrawal and deposits. These are not related to the sale and purchase of assets.
This Uphold vs Roboforex review for 2022 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For Uphold And Roboforex
What Languages Do Uphold And Roboforex Support?
Being able to chat completely with your trading broker is a key element when comparing online brokers to find your perfect trading partner. Not only for support but to ensure you understand everything on their website and inside their app as it is a key part of success when trading online.
Here you will find the languages that both Uphold and Roboforex support.
How Many Clients Do Uphold and Roboforex Have?
Both Uphold and Roboforex are well known and trusted. It is really important to work with an online broker that is professional and one of the easiest ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many clients Uphold and Roboforex are working with
What Payment Methods Do Uphold and Roboforex Accept?
Uphold and Roboforex 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 Roboforex
What Can You Trade With Uphold and Roboforex?
Uphold offers 211 trading instruments and Roboforex offers 12000.
Below you will find a full breakdown of what both Uphold and Roboforex offer.
Compare Uphold To All Other Brokers
Compare Roboforex To All Other Brokers