Uphold vs XM, Who's The Best?
Read our In-Depth Uphold vs XM Review - 2026 Update
Our comprehensive analysis of Uphold and XM has been refreshed to reflect any changes for 2026 by seasoned professionals boasting extensive expertise across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of Uphold vs XM 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.
XM Excluded Countries
Canada, Israel, and United States of America.
Compare Uphold vs XM
Every trading platforms feature some advantages and disadvantages, and any comprehensive Uphold and XM review should not be regarded as thorough without adopting an objective perspective.
Compare XM and Uphold to understand just how they stack up to each prior to you open an account. A comparative analysis will put things in perspective in order that you're aware of what to expect.
So you are looking for a broker and are choosing between Uphold or XM. Which one is best in 2026?
This Uphold vs XM comparison contains the most recent information so you can easily compare XM against Uphold.
If you're a new entrant in the realm of trading and brokers, so many nuances will be perplexing for you. Getting into the world of trading demands expert assessing skills and comprehensive understanding. You will get adept at all the concepts of broker as you keep trading. For starters, you have to choose the ideal broker who'll be transparent with you constantly.
In this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. Uphold and XM are just two such platforms that will take you along with your investment to great heights. It is important that you compare Uphold vs XM until you trust them with your money.
Our Uphold vs XM comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Uphold and XM side by side.
Our full Uphold vs XM Review covers everything you will need to know about trading using either Uphold or XM. A fantastic agent can multiply your initial investments and provide you favorable profits. If you want to make profits, you should trade with a brokerage service that aligns with your investing goals.
There's absolutely no sure-fire method to ensure profits; therefore, you should carefully assess your broker before you select them. It is a common misconception that all agents will be the same, but that's not true. Wrong judgment, initially, can put your investments at risk.
Uphold and XM are both brokers which have paved their way successfully into the broker world. In this review, we've tried to collate some of the important facets of both Uphold and XM. This review will help you to understand whether either XM or Uphold is a good fit for your own investments or not. We've tried to breakdown all of the qualities and charges for your advantage.
Benefits of Uphold and XM Compared
Uphold offers a minimum deposit of $1 while XM offers a $5 minimum deposit.
Why smaller minimum deposits are good and how Uphold and XM 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 XM allows you to trade around 211 financial instruments on their platform.
The more financial instruments you can trade on the Uphold and XM 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 should never want to miss out on a trading opportunity due to the limitations of Uphold or XM.
Uphold and XM Contact Details
Being able to contact a broker through many ways is a sign of a professional broker. Uphold and XM have the following contact details and social medias that you can use.
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| Broker | Uphold | XM |
| Telephone Number | +1 (415) 925-2711 | +357 250 29933 |
| support@uphold.com | support@xm.com | |
| Address | 700 Larkspur Landing Cir, Ste 263, Larkspur, California 94939, US | 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus |
| Uphold Twitter Account | XM Twitter Account | |
| Uphold Facebook Page | XM Facebook Page | |
| Uphold Instagram Account | XM Instagram Account | |
| Uphold LinkedIn Page | XM LinkedIn Page | |
| YouTube | Uphold YouTube Channel | XM YouTube Channel |
| Find Out More |
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XM 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.
This part of comparing Uphold and XM will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
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 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 XM - Awards
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| Broker | Uphold | XM |
| 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. |
XM have won several industry awards over the years they have been operating as an online trading platform. We list the most notable awards for XM below.
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Uphold vs XM - Frequently Asked Questions
Uphold vs XM - Headquarters And Year Of Founding
Uphold was founded in 2013 and has its headquaters in United States.
XM was founded in 2009 and has its head office in Cyprus.
What is the minimum deposit for XM or Uphold
The minimum deposit for Uphold is $1.
The minimum deposit for XM is $5.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Uphold and XM are a good choice.
Uphold vs XM - 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 .
XM is regulated by International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
Both Uphold and XM have a strong collection of rules for ensuring fair trading onto their platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their individual privacy policies, client data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare Uphold vs XM Commission And Fees
Uphold and XM are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. 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 affected by the number of clients they have.
However, this does not 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 different types of fees for this objective.
The first kind of fees to look out for are trading charges. Whenever you make a genuine trade, like buying a stock or an ETF, you are charged trading fees. In such instances, you are paying a spread, funding rate, or a commission. The sorts of trading charges and the rates differ from broker to broker.
Commissions could be fixed or determined by the traded volume. On the other hand, a spread refers to the difference between the buying and selling price. Funding or overnight rates are people that are charged when you hold a leveraged position for longer than daily.
Aside from trading charges, online agents also bill non-trading fees. These are dependent on the activities you undertake on your accounts. They're billed for operations like depositing cash, not trading for long periods, or withdrawals.
Generally, neither Uphold or XM 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 lesser sum. This is beneficial for those who regularly exchange, for example daily or weekly trading.
But, non-trading fees billed by Uphold and XM are relatively higher. Consequently, you are charged more for non-trading actions on your trading account, such as withdrawal and deposits. These aren't about the sale and purchase of assets.
This Uphold vs XM review for 2026 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For Uphold And XM
What Languages Do Uphold And XM Support?
Being able to communicate easily with your online broker is a key element when comparing online brokers to find your perfect trading partner. Not only for support but to be sure you completely understand everything on their site and inside their app as it is a key part of success when trading forex.
Here you will find all the languages that both Uphold and XM support.
How Many Clients Do Uphold and XM Have?
Both Uphold and XM are well established with their customer base. It is really important to work with an online broker that is professional and one of the most simple ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many users Uphold and XM are working with
What Payment Methods Do Uphold and XM Accept?
Uphold and XM 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 XM
What Can You Trade With Uphold and XM?
Uphold offers 211 trading instruments whilst XM offers 100.
Below you will find a full breakdown of what both Uphold and XM offer.
Uphold Review
Uphold vs XM:
Table Of Contents
- Compare Uphold vs XM
- Benefits of Uphold and XM Compared
- XM and Uphold Mobile App Comparison
- Uphold vs XM - Awards
- Uphold vs XM - Frequently Asked Questions
- What is the minimum deposit for XM or Uphold
- Uphold vs XM - Regulation And Licencing In More Detail
- Compare Broker Fees For Uphold And XM
- What Languages Do Uphold And XM Support?
- How Many Clients Do Uphold and XM Have?
- What Payment Methods Do Uphold and XM Accept?
- What Can You Trade With Uphold and XM?

