Uphold vs Zacks Trade, Who's The Best?
Read our In-Depth Uphold vs Zacks Trade Review - Updated for 2022
This Uphold vs Zacks Trade 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 Zacks Trade 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.
Zacks Trade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Uphold vs Zacks Trade
Every online trading system will have a few ups and downs, and no Uphold and Zacks Trade review would be complete without showing both sides. Compare Uphold and Zacks Trade to understand how they stack 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 reputable broker and are choosing between Uphold or Zacks Trade. Which one is best in 2022?
This Uphold vs Zacks Trade comparison contains the latest information so you can easily compare Zacks Trade against Uphold.
If you are a new entrant in the realm of trading and brokers, so many facts will be confusing for you. Getting into the world of trading requires expert assessing skills and thorough knowledge. You will acquire adept at all the concepts of brokerage as you continue trading. For starters, you need to select the ideal agent 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 lead investment plan has the potential to create hefty returns. Uphold and Zacks Trade are just two such companies that will take you and your investment into great heights. It is important that you compare Uphold vs Zacks Trade before you trust them with your money.
Our Uphold vs Zacks Trade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Uphold and Zacks Trade side by side.
Our entire Uphold vs Zacks Trade Review covers everything you will need to know about trading with either Uphold or Zacks Trade. A good agent can multiply your initial investments and give you favorable profits. If you want to earn profits, you should trade with a brokerage service that aligns with your investment goals.
There is no sure-fire method to ensure profits; therefore, you must carefully analyze your agent before you select them. It is a common misconception that all brokers are the same, but that's not true. Wrong judgment, initially, can set your investments at risk.
Uphold and Zacks Trade are both brokers which have forged their way successfully into the brokerage world. In this review, we have tried to collate some of the important facets of both Uphold and Zacks Trade. This review will allow you to understand whether either Zacks Trade or Uphold is a fantastic match for your investments or not. We have tried to breakdown all the qualities and fees for your advantage.
Benefits of Uphold and Zacks Trade Compared
Uphold offers a minimum deposit of $1 while Zacks Trade offers a $2500 minimum deposit.
Why smaller minimum deposits are good and how Uphold and Zacks Trade 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 Zacks Trade allows you to trade around 211 financial instruments on their platform.
The more financial instruments you can trade on the Uphold and Zacks Trade 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 Zacks Trade.
Uphold and Zacks Trade Contact Details
Being able to contact your broker through many ways is vital. Uphold and Zacks Trade have the following contact details and social medias that you can use.
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| Broker | Uphold | Zacks Trade |
| Telephone Number | +1 (415) 925-2711 | |
| support@uphold.com | ||
| Address | 700 Larkspur Landing Cir, Ste 263, Larkspur, California 94939, US | |
| Uphold Twitter Account | Zacks Trade Twitter Account | |
| Uphold Facebook Page | Zacks Trade Facebook Page | |
| Uphold Instagram Account | Zacks Trade Instagram Account | |
| Uphold LinkedIn Page | Zacks Trade LinkedIn Page | |
| YouTube | Uphold YouTube Channel | Zacks Trade YouTube Channel |
| Find Out More |
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Zacks Trade 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.
In this part of our comparison of Uphold and Zacks Trade we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both apps as Better than the 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. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start 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 Zacks Trade - Awards
Uphold vs Zacks Trade - Frequently Asked Questions
Uphold vs Zacks Trade - Headquarters And Year Of Founding
Uphold was founded in 2013 and has its head office in United States.
Zacks Trade was founded in 2008 and has its head office in United States.
What is the minimum deposit for Zacks Trade or Uphold
The minimum deposit for Uphold is $1.
The minimum deposit for Zacks Trade is $2500.
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 Zacks Trade are a good option.
Uphold vs Zacks Trade - 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 .
Zacks Trade is regulated by Unregulated.
Zacks Trade is unregulated but Uphold has a powerful set of rules for ensuring fair trading on its individual platforms. For data encryption purposes, they supply industry-standard secure socket layer (SSL).
In accordance with their privacy policy, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare Uphold vs Zacks Trade Commission And Fees
Uphold and Zacks Trade 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 brokerages are scaled better. That is, an internet broker isn't necessarily influenced by the number of customers they have.
But this doesn't necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily 3 different types of penalties for this objective.
The first kind of charges to look out for are trading charges. Whenever you make a genuine trade, like buying a stock or an ETF, you're charged trading charges. In these cases, you're spending a spread, funding speed, or even a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread denotes the difference between the buying and selling price. Funding or overnight rates are people who are billed when you hold a leveraged position for more than a day.
Aside from trading charges, online brokers also charge non-trading fees. These are dependent on the activities you undertake in your account. They are charged for operations like depositing cash, not investing for long periods, or withdrawals.
In general, neither Uphold or Zacks Trade charge high fees compared to other online brokers. For operations other brokers fee for, they do not charge a brokerage fee, or they charge a lesser sum. This is beneficial for those who often trade, such as daily or weekly trading.
But, non-trading fees charged by Uphold and Zacks Trade are comparatively higher. Consequently, you are billed more for non-trading actions in your trading account, like withdrawal and deposits. These aren't related to the sale and purchase of assets.
This Uphold vs Zacks Trade review for 2022 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For Uphold And Zacks Trade
What Languages Do Uphold And Zacks Trade Support?
Being able to talk completely with your online broker is a key way of comparing brokers to find the best trading partner. 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 online.
Here you will find all the languages that both Uphold and Zacks Trade support.
How Many Clients Do Uphold and Zacks Trade Have?
Both Uphold and Zacks Trade are well established with their client base. It is really important to work with an online broker you can trust and one of the easiest 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 Zacks Trade are working with
What Payment Methods Do Uphold and Zacks Trade Accept?
Uphold and Zacks Trade 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 Zacks Trade
What Can You Trade With Uphold and Zacks Trade?
Uphold offers 211 trading instruments and Zacks Trade offers 264.
Below you will find a full breakdown of what both Uphold and Zacks Trade offer.
Compare Uphold To All Other Brokers
Compare Zacks Trade To All Other Brokers