Uphold vs ThinkMarkets, Who's The Best?
Read our In-Depth Uphold vs ThinkMarkets Review - for 2022
This Uphold vs ThinkMarkets 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 ThinkMarkets 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.
ThinkMarkets Excluded Countries
United States of America, Canada, Russian Federation, and Belgium.
Compare Uphold vs ThinkMarkets
Every online trading platform has some pros and cons, and no Uphold and ThinkMarkets review would be complete without showing both sides. Compare Uphold and ThinkMarkets to understand how they line up against each other before you open 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 ThinkMarkets. Who is better in 2022?
This Uphold vs ThinkMarkets comparison contains the most recent information so you can easily compare ThinkMarkets against Uphold.
If you are a new entrant in the world of trading and brokers, so many facts will be confusing for you. Getting into the world of trading demands expert analyzing skills and comprehensive understanding. You'll get adept at all of the concepts of brokerage since you continue trading. For starters, you need to choose the ideal broker who will be clear with you constantly.
Within this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally direct investment plan has the potential to create hefty returns. Uphold and ThinkMarkets are just two such companies that will take you and your investment into great heights. It's crucial that you compare Uphold vs ThinkMarkets until you trust them with your money.
Our Uphold vs ThinkMarkets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Uphold and ThinkMarkets side by side.
Our entire Uphold vs ThinkMarkets Review covers everything you will need to learn about trading using either Uphold or ThinkMarkets. A fantastic agent 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 goals.
There's absolutely no sure-fire method to ensure profits; thus, you must carefully analyze your broker before you choose them. It is a frequent misconception that all brokers are the same, but that is not true. Wrong judgment, in the beginning, can put your investments in danger.
Uphold and ThinkMarkets are both brokers that have found their way successfully into the broker world. Within this review, we've tried to collate some of the vital aspects of both Uphold and ThinkMarkets. This review will help you to know whether either ThinkMarkets or Uphold is a fantastic fit for your investments or not. We've tried to breakdown all of the features and charges for your convenience.
Benefits of Uphold and ThinkMarkets Compared
Uphold offers a minimum deposit of $1 while ThinkMarkets has a $0 minimum deposit.
Why smaller minimum deposits are good and how Uphold and ThinkMarkets 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 ThinkMarkets allows you to trade around 211 financial instruments available.
The more instruments you can trade on the Uphold and ThinkMarkets 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 ThinkMarkets.
Uphold and ThinkMarkets Contact Details
Being able to contact a broker easily is important. Uphold and ThinkMarkets have the following contact details and social medias that you can use.
|Telephone Number||+1 (415) 925-2711||Australia: +61 3 9093 3400 <br>UK: +44 203 514 2374 <br>Italy: +39 023 057 9033 <br>Spain: +34 911829975|
|Address||700 Larkspur Landing Cir, Ste 263, Larkspur, California 94939, US||Level 18, 357 Collins St, Melbourne, Victoria 3000, Australia <br /><br/>Hana, 4th Floor, 70 St Mary Axe, London EC3A 8BE, United Kingdom|
|Uphold Twitter Account||ThinkMarkets Twitter Account|
|Uphold Facebook Page||ThinkMarkets Facebook Page|
|Uphold Instagram Account||ThinkMarkets Instagram Account|
|Uphold LinkedIn Page||ThinkMarkets LinkedIn Page|
|YouTube||Uphold YouTube Channel||ThinkMarkets YouTube Channel|
|Find Out More||
ThinkMarkets 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 ThinkMarkets 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 average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
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 ThinkMarkets - Awards
|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.||
ThinkMarkets have won several industry awards over the time they have been operating as a financial broker. We detail the most recognised awards for ThinkMarkets here.
|Find Out More||
Uphold vs ThinkMarkets - Frequently Asked Questions
Uphold vs ThinkMarkets - Headquarters And Year Of Founding
Uphold was founded in 2013 and has its head office in United States.
ThinkMarkets was founded in 2010 and has its headquaters in Australia & United Kingdom.
What is the minimum deposit for ThinkMarkets or Uphold
The minimum deposit for Uphold is $1.
The minimum deposit for ThinkMarkets is $0.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Uphold and ThinkMarkets are a good choice.
Uphold vs ThinkMarkets - 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 .
ThinkMarkets is regulated by the Japanese Financial Services Agency (JFSA) with license no. 0250, the Cyprus Securities and Exchange Commission (CySEC) with license no. 215/13, the Financial Conduct Authority (FCA 629628) in the UK, the Australian Securities and Investments Commission (ASIC 424700), the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Authority (FSA SD060) Seychelles. TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. TF GLobal Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700. TF GLobal Markets (South Africa) (Pty) Ltd is an authorised financial services provider (FSP No 49835). TF Global Markets Int Limited is authorised and regulated by the Financial Services Authority, Firm Reference Number SD060 Seychelles .
Both Uphold and ThinkMarkets have a strong set of rules for ensuring honest trading onto their platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare Uphold vs ThinkMarkets Commission And Fees
Uphold and ThinkMarkets are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled better. In other words, an online broker isn't necessarily affected by the amount of clients they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to make money. There are mainly 3 types of penalties for this objective.
The first kind of charges to keep an eye out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you are billed trading charges. In such instances, you are paying a spread, financing rate, or a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread denotes the difference between the buying and selling price. Funding or overnight rates are those who are charged when you maintain a leveraged position for longer than a day.
Aside from trading charges, online agents also bill non-trading fees. These are dependent on the activities you undertake on your accounts. They are billed for operations like depositing money, not investing for lengthy periods, or withdrawals.
Generally, neither Uphold or ThinkMarkets charge high fees in comparison to other online agents. For operations other brokers fee for, they do not charge a broker fee, or they charge a lesser sum. This is beneficial for people who regularly trade, such as weekly or daily trading.
But, non-trading fees charged by Uphold and ThinkMarkets are comparatively lower. Consequently, you are charged more for non-trading actions in your trading account, like withdrawal and deposits. These aren't about the purchase and sale of assets.
This Uphold vs ThinkMarkets review for 2022 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For Uphold And ThinkMarkets
What Languages Do Uphold And ThinkMarkets Support?
Being able to talk easily with your online broker is a key way of comparing online brokers to find your perfect trading partner. Not only for support but to be sure you understand everything on their site and inside their app as it is a key part of success when trading forex.
Here you can find the languages that both Uphold and ThinkMarkets support.
How Many Clients Do Uphold and ThinkMarkets Have?
Both Uphold and ThinkMarkets are well established with their client base. 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 are using their services.
Below you will find details of how many users Uphold and ThinkMarkets have
What Payment Methods Do Uphold and ThinkMarkets Accept?
Uphold and ThinkMarkets 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 ThinkMarkets
What Can You Trade With Uphold and ThinkMarkets?
Uphold offers 211 trading instruments while ThinkMarkets offers 3500.
Below you will find a full breakdown of what both Uphold and ThinkMarkets offer.
Compare Uphold To All Other Brokers
Compare ThinkMarkets To All Other Brokers
Uphold vs ThinkMarkets:
Table Of Contents
- Compare Uphold vs ThinkMarkets
- Benefits of Uphold and ThinkMarkets Compared
- ThinkMarkets and Uphold Mobile App Comparison
- Uphold vs ThinkMarkets - Awards
- Uphold vs ThinkMarkets - Frequently Asked Questions
- What is the minimum deposit for ThinkMarkets or Uphold
- Uphold vs ThinkMarkets - Regulation And Licencing In More Detail
- Compare Broker Fees For Uphold And ThinkMarkets
- What Languages Do Uphold And ThinkMarkets Support?
- How Many Clients Do Uphold and ThinkMarkets Have?
- What Payment Methods Do Uphold and ThinkMarkets Accept?
- What Can You Trade With Uphold and ThinkMarkets?