eToro vs Uphold, Updated for 2022
Read our In-Depth eToro vs Uphold Review - for 2022
This eToro vs Uphold 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 eToro vs Uphold review does not apply to all countries as follows:
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.
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.
Compare eToro vs Uphold
Every online trading system has a few ups and downs, and no eToro and Uphold review would be complete without having a balanced approach. Compare eToro and Uphold to understand how they stack up against each other before you create 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 broker and are choosing between eToro or Uphold. Who is better in 2022?
Our eToro vs Uphold comparison contains the most recent information so you can easily compare Uphold against eToro.
If you are a new entrant in the realm of trading and brokerages, so many details will be confusing for you. Getting into the world of trading demands expert assessing skills and thorough knowledge. You'll acquire adept at all the concepts of broker since you continue trading. For starters, you have to choose the ideal agent who will be transparent with you constantly.
Within this fast-paced world of stock markets and trading, you'll need guidance to make proper decisions. A professionally direct investment plan has the potential to generate hefty returns. eToro and Uphold are two such companies that will take you and your investment into great heights. It is crucial that you compare eToro vs Uphold before you trust them with your cash.
Our eToro vs Uphold comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust eToro and Uphold side by side.
Our entire eToro vs Uphold Review covers everything you need to learn about trading using either eToro or Uphold. A good agent can multiply your first investments and provide you positive profits. If you would like to make profits, you must trade with a broker service that aligns with your investment objectives.
There's absolutely no sure-fire method to guarantee profits; therefore, you must carefully analyze your broker before you select them. It's a common misconception that all agents are the same, but that is not correct. Wrong judgment, initially, can set your investments in danger.
eToro and Uphold are both brokers that have found their way successfully to the broker world. In this review, we have tried to collate a number of the important facets of both eToro and Uphold. This review can help you to understand whether either Uphold or eToro is a fantastic fit for your investments or not. We have tried to breakdown all of the features and charges for your advantage.
Benefits of eToro and Uphold Compared
eToro offers a minimum deposit of $50 while Uphold offers a $1 minimum deposit.
Why smaller minimum deposits are good and how eToro and Uphold 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.
eToro allows you to trade around 100 financial instruments whilst Uphold has around 100 on their platform.
The more instruments you can trade on the eToro and Uphold 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 should never want to miss out on a trading opportunity due to the limitations of eToro or Uphold.
eToro and Uphold Contact Details
Being able to contact an online trading platform through many ways is vital. eToro and Uphold have the following contact details and social medias that you can use.
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| Broker | eToro | Uphold |
| Telephone Number | +1 (415) 925-2711 | |
| support@etoro.com | support@uphold.com | |
| Address | 24th floor, One Canada Square, Canary Wharf, London, E14 5AB | 700 Larkspur Landing Cir, Ste 263, Larkspur, California 94939, US |
| eToro Twitter Account | Uphold Twitter Account | |
| eToro Facebook Page | Uphold Facebook Page | |
| eToro Instagram Account | Uphold Instagram Account | |
| eToro LinkedIn Page | Uphold LinkedIn Page | |
| YouTube | eToro YouTube Channel | Uphold YouTube Channel |
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Uphold and eToro 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 eToro and Uphold we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of the 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 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?
eToro vs Uphold - Awards
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| Broker | eToro | Uphold |
| Awards |
eToro have won many industry awards over the time they have been running as an online trading platform. We list the most recognised awards for eToro here.
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At the time of writing this Uphold review, and despite Uphold’s impressive offering, the company has surprisingly not garnered any awards to date. |
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eToro vs Uphold - Frequently Asked Questions
eToro vs Uphold - Headquarters And Year Of Founding
eToro was founded in 2007 and has its head office in Cyprus, UK.
Uphold was founded in 2013 and has its head office in United States.
What is the minimum deposit for Uphold or eToro
The minimum deposit for eToro is $50.
The minimum deposit for Uphold is $1.
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 eToro and Uphold are a good choice.
eToro vs Uphold - Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
Uphold is regulated by FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 .
Both eToro and Uphold have a powerful collection of rules for ensuring honest trading on their platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their individual privacy policies, customer data is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare eToro vs Uphold Commission And Fees
eToro and Uphold are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the companies of online trading platforms are scaled better. In other words, an internet broker isn't necessarily affected by the number of customers they have.
But this does not mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily three different types of fees for this objective.
The first sort of charges to keep an eye out for are trading charges. When you make an actual trade, like purchasing a stock or an ETF, you are billed trading charges. In such cases, you're paying a spread, funding speed, or a commission. The sorts of trading fees and the prices differ from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the flip side, a spread refers to the gap between the buying and selling price. Financing or overnight rates are those who are charged when you maintain a leveraged position for more than daily.
Apart from trading charges, online brokers also charge non-trading fees. These are determined by the activities you undertake in your accounts. They are billed for operations like depositing money, not investing for long periods, or withdrawals.
Generally, neither eToro or Uphold charge high fees compared to other online agents. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for people who regularly exchange, such as weekly or daily trading.
However, non-trading fees billed by eToro and Uphold are relatively lower. As a result, you are charged more for non-trading actions on your trading accounts, such as withdrawal and deposits. These aren't about the purchase and sale of assets.
This eToro vs Uphold review for 2022 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For eToro And Uphold
What Languages Do eToro And Uphold Support?
Being able to talk easily with your online broker is a key part of comparing online brokers to find the best 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 eToro and Uphold offer communication in.
How Many Clients Do eToro and Uphold Have?
Both eToro and Uphold are well established with their client base. It is really important to work with an online broker that is reputable 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 eToro and Uphold are active on their platform
What Payment Methods Do eToro and Uphold Accept?
eToro and Uphold 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 eToro and Uphold
What Can You Trade With eToro and Uphold?
eToro offers 100 trading instruments whilst Uphold offers 211.
Below you will find a full breakdown of what both eToro and Uphold offer.
Compare eToro To All Other Brokers
Compare Uphold To All Other Brokers