Uphold vs Spreadex, Who's Better?
Read our In-Depth Uphold vs Spreadex Review - for 2022
This Uphold vs Spreadex 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 Spreadex 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.
Spreadex Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Uphold vs Spreadex
Every online trading platform will have some ups and downs, and no Uphold and Spreadex review would be complete without having a balanced approach. Compare Uphold and Spreadex to understand how they stack up against each other before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for an online trading platform and are choosing between Uphold or Spreadex. Who is better in 2022?
This Uphold vs Spreadex comparison contains the latest information so you can easily compare Spreadex 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 world of trading requires expert analyzing skills and thorough understanding. You'll get proficient at all of the concepts of brokerage as you keep trading. For starters, you need to select the right agent who'll be transparent 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 Spreadex are two such trading platforms which will take you along with your investment into great heights. It is important to compare Uphold vs Spreadex until you trust them with your money.
Our Uphold vs Spreadex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Uphold and Spreadex side by side.
Our full Uphold vs Spreadex Review covers everything you will need to learn about trading with either Uphold or Spreadex. A good broker can multiply your initial investments and provide you positive profits. If you would like to earn profits, you must trade with a broker service that aligns with your investing objectives.
There's absolutely no sure-fire way to ensure profits; therefore, you must carefully analyze your broker before you choose them. It is a common misconception that all brokers will be the same, but that is not correct. Wrong judgment, in the beginning, can set your investments in danger.
Uphold and Spreadex are both brokers which have found their way successfully to the brokerage world. Within this review, we've attempted to collate some of the vital aspects of both Uphold and Spreadex. This review will help you to know whether either Spreadex or Uphold is a good match for your investments or not. We have attempted to breakdown all of the features and charges for your convenience.
Benefits of Uphold and Spreadex Compared
Uphold offers a minimum deposit of $1 while Spreadex offers a $0 minimum deposit.
Why smaller minimum deposits are good and how Uphold and Spreadex 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 while Spreadex allows you to trade around 211 available.
The more instruments you can trade on the Uphold and Spreadex 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 Spreadex.
Uphold and Spreadex Contact Details
Being able to contact your broker through many ways is important. Uphold and Spreadex have the following contact details and social medias that you can use.
|
|
||
|---|---|---|
| Broker | Uphold | Spreadex |
| Telephone Number | +1 (415) 925-2711 | +44 01727 895 000 |
| support@uphold.com | info@spreadex.com | |
| Address | 700 Larkspur Landing Cir, Ste 263, Larkspur, California 94939, US | Churchill House, Upper Marlborough Road, St Albans, Hertfordshire, AL1 3UU |
| Uphold Twitter Account | Spreadex Twitter Account | |
| Uphold Facebook Page | Spreadex Facebook Page | |
| Uphold Instagram Account | Spreadex Instagram Account | |
| Uphold LinkedIn Page | Spreadex LinkedIn Page | |
| YouTube | Uphold YouTube Channel | Spreadex YouTube Channel |
| Find Out More |
|
|
Spreadex 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 Spreadex will examine whether their mobile app meets all our requirements.
We rate overall 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
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 have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
Uphold vs Spreadex - Awards
|
|
||
|---|---|---|
| Broker | Uphold | Spreadex |
| 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. |
Spreadex have won several industry awards over the time they have been running as an online broker. We detail the most notable awards for Spreadex here.
|
| Find Out More |
|
|
Uphold vs Spreadex - Frequently Asked Questions
Uphold vs Spreadex - Headquarters And Year Of Founding
Uphold was founded in 2013 and has its headquaters in United States.
Spreadex was founded in 1999 and has its headquaters in UK.
What is the minimum deposit for Spreadex or Uphold
The minimum deposit for Uphold is $1.
The minimum deposit for Spreadex is $0.
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 Spreadex are a good choice.
Uphold vs Spreadex - 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 .
Spreadex is regulated by Financial Conduct Authority (FCA), registration number 190941.
Both Uphold and Spreadex have a strong set of rules for ensuring fair trading on their platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their individual privacy regulations, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare Uphold vs Spreadex Commission And Fees
Uphold and Spreadex are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online trading platforms are scaled much better. That is, an internet broker isn't necessarily influenced by the number of clients they have.
However, this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to earn money. There are mainly three types of penalties for this objective.
The first kind of charges to look out for are trading fees. Whenever you make an actual trade, like purchasing 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 kinds of trading charges and the prices differ from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the flip side, a spread denotes the gap between the buying and selling price. Financing or overnight prices are people that are charged when you maintain a leveraged position for more than daily.
Aside from trading fees, online agents also bill non-trading fees. These are determined by the actions you undertake in your account. They are charged for surgeries like depositing money, not trading for long periods, or withdrawals.
In general, neither Uphold or Spreadex charge high fees compared to other online agents. For operations other agents charge for, they do not charge a broker fee, or they charge a smaller amount. This is beneficial for people who regularly exchange, such as daily or weekly trading.
But, non-trading fees billed by Uphold and Spreadex are comparatively greater. Consequently, you're billed more for non-trading activities on your trading account, such as deposits and withdrawal. These are not related to the sale and purchase of resources.
This Uphold vs Spreadex review for 2022 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For Uphold And Spreadex
What Languages Do Uphold And Spreadex Support?
Being able to communicate completely with your online platform is a key part of comparing online brokers to find your perfect trading partner. Not only for support but to ensure you understand everything on their site and inside their app as it is a key factor to success when trading forex.
Below you will find all the languages that both Uphold and Spreadex support.
How Many Clients Do Uphold and Spreadex Have?
Both Uphold and Spreadex are well known and trusted. It is important to work with an online broker you can trust 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 customers Uphold and Spreadex are active on their platform
What Payment Methods Do Uphold and Spreadex Accept?
Uphold and Spreadex 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 Spreadex
What Can You Trade With Uphold and Spreadex?
Uphold offers 211 trading instruments while Spreadex offers 15,000.
Below you will find a full breakdown of what both Uphold and Spreadex offer.
Compare Uphold To All Other Brokers
Compare Spreadex To All Other Brokers