Uphold vs eToro, Updated for 2022
Read our In-Depth Uphold vs eToro Review - 2022 Update
This Uphold vs eToro 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 eToro 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.
eToro Excluded Countries
Iran, Democratic Peoples Republic of Korea, Belgium, Canada, Japan, Syrian Arab Republic, Turkey, Israel, Belarus, Albania, Republic of Moldova, North Macedonia, Serbia, Guinea, Democratic Republic of the Congo, Sudan, Zimbabwe, Ethiopia, Ghana, Tanzania, Libya, Uganda, Zambia, Botswana, Rwanda, Tunisia, Somalia, Namibia, Togo, Sierra Leone, Liberia, Gambia, Djibouti, Ivory Coast, Pakistan, Brunei Darussalam, Taiwan, Province of China, Samoa, Nepal, Singapore, US Virgin Islands, Turkmenistan, Tajikistan, Uzbekistan, Sri Lanka, Trinidad and Tobago, Haiti, Myanmar, Bhutan, Marshall Islands, Maldives, Kazakhstan, Grenada, Fiji, Barbados, Bermuda, Bahamas, Antigua and Barbuda, Anguilla, Aruba, Lebanon, El Salvador, United States of America, Paraguay, Honduras, Guatemala, Puerto Rico, Nicaragua, British Virgin Islands, and Netherlands Antilles.
Compare Uphold vs eToro
Every online trading platform has a few ups and downs, and no Uphold and eToro review would be complete without showing both sides. Compare Uphold and eToro 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 professional broker and are choosing between Uphold or eToro. Which one is best in 2022?
This Uphold vs eToro comparison contains the latest information so you can easily compare eToro against Uphold.
If you are a new entrant in the realm of trading and brokers, so many details will be confusing for you. Getting into the area of trading demands expert assessing skills and thorough understanding. You will acquire proficient at all of the concepts of broker since you keep trading. For starters, you need to choose the right agent who will be clear with you always.
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 eToro are two such companies which will take you along with your investment to great heights. It is important to compare Uphold vs eToro before you trust them with your cash.
Our Uphold vs eToro comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Uphold and eToro side by side.
Our entire Uphold vs eToro Review covers all you need to learn about trading using either Uphold or eToro. A fantastic agent can multiply your initial investments and give you positive profits. If you would like to make profits, you must trade with a brokerage service that aligns with your investment objectives.
There is no sure-fire method to guarantee profits; thus, you must carefully assess your agent before you select them. It is a frequent misconception that all brokers are the same, but that's not correct. Wrong judgment, in the beginning, can set your investments at risk.
Uphold and eToro are both brokers that have forged their way successfully to the broker world. In this review, we've tried to collate some of the important facets of both Uphold and eToro. This review will help you to understand whether either eToro or Uphold is a good fit for your investments or not. We have tried to breakdown all the qualities and fees for your advantage.
Benefits of Uphold and eToro Compared
Uphold has a minimum deposit of $1 while eToro offers a $50 minimum deposit.
Why smaller minimum deposits are good and how Uphold and eToro 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 eToro allows you to trade around 211 available.
The more instruments you can trade on the Uphold and eToro 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 eToro.
Uphold and eToro Contact Details
Being able to contact your broker simply is important. Uphold and eToro have the following contact details and social medias that you can use.
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| Broker | Uphold | eToro |
| Telephone Number | +1 (415) 925-2711 | |
| support@uphold.com | support@etoro.com | |
| Address | 700 Larkspur Landing Cir, Ste 263, Larkspur, California 94939, US | 24th floor, One Canada Square, Canary Wharf, London, E14 5AB |
| Uphold Twitter Account | eToro Twitter Account | |
| Uphold Facebook Page | eToro Facebook Page | |
| Uphold Instagram Account | eToro Instagram Account | |
| Uphold LinkedIn Page | eToro LinkedIn Page | |
| YouTube | Uphold YouTube Channel | eToro YouTube Channel |
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eToro 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 eToro will examine whether their mobile app meets all our requirements.
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. 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 eToro - Awards
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| Broker | Uphold | eToro |
| 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. |
eToro have won several industry awards over the time they have been running as an online trading platform. We detail the most recognised awards for eToro here.
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Uphold vs eToro - Frequently Asked Questions
Uphold vs eToro - Headquarters And Year Of Founding
Uphold was founded in 2013 and has its head office in United States.
eToro was founded in 2007 and has its head office in Cyprus, UK.
What is the minimum deposit for eToro or Uphold
The minimum deposit for Uphold is $1.
The minimum deposit for eToro is $50.
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 eToro are a good choice.
Uphold vs eToro - 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 .
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
Both Uphold and eToro have a powerful collection of rules for ensuring honest trading on their individual platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, client information is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare Uphold vs eToro Commission And Fees
Uphold and eToro are online brokerage platforms, and many 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 better. That is, an internet broker isn't necessarily affected by the amount of clients they have.
But this does not mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are mainly three different types of penalties for this objective.
The first sort of fees to look out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you're charged trading fees. In such instances, you are paying a spread, financing speed, or even a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread refers to the difference between the buying and selling cost. Financing or overnight rates are people who are billed when you maintain a leveraged position for longer than daily.
Aside from trading fees, online brokers also charge non-trading fees. These are determined by the activities you undertake in your account. They are billed for operations like depositing money, not trading for long periods, or withdrawals.
Generally, neither Uphold or eToro charge high fees in comparison to other online brokers. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for people who regularly trade, for example daily or weekly trading.
However, non-trading fees charged by Uphold and eToro are comparatively competitive. As a result, you're billed more for non-trading activities on your trading accounts, such as deposits and withdrawal. These aren't related to the purchase and sale of assets.
This Uphold vs eToro review for 2022 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For Uphold And eToro
What Languages Do Uphold And eToro Support?
Being able to chat easily with your trading broker is a key element when comparing trading platforms to find the best broker. Not only for support but to ensure you completely understand everything on their website and inside their application as it is a key part of success when trading forex.
Below you can find all the languages that both Uphold and eToro support.
How Many Clients Do Uphold and eToro Have?
Both Uphold and eToro are well established with their customer base. It is important to work with an online broker that is reputable 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 users Uphold and eToro are active on their platform
What Payment Methods Do Uphold and eToro Accept?
Uphold and eToro 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 eToro
What Can You Trade With Uphold and eToro?
Uphold offers 211 trading instruments whilst eToro offers 100.
Below you will find a full breakdown of what both Uphold and eToro offer.
Compare Uphold To All Other Brokers
Compare eToro To All Other Brokers