Uphold vs Interactive Brokers

Uphold vs Interactive Brokers Comparison Table 2023
Uphold	Interactive Brokers
Review 3.4 Uphold is #6 in our crypto broker rankings.	Review 4.3 Interactive Brokers is #1 in our CFD broker rankings.
Traders from US accepted	Traders from US accepted
Uphold is a digital asset platform offering a range of services, from crypto trading and staking to payment cards that provides rewards and easy multi-currency payments. The company was established in 2015 and has enabled $4+ billion in transactions. Uphold is now active in 180+ countries and deals in 200+ crypto and fiat currencies.	Interactive Brokers is a leading global brokerage that provides access to a comprehensive offering of stocks as well as forex, futures, metals, bonds and cryptos. The firm has over 40 years experience in the online trading industry and is heavily regulated by SEC, FCA, IIROC, and SFC. Day traders can use the proprietary Trader Workstation and can access powerful tools and data feeds as well as comprehensive educational resources.
Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.
Comment by Reviewer
"I opened an Uphold account, tested every inch of the platform and what stands out for me is how convenient it is for accessing the crypto markets. I can buy, trade and transfer over 250 digital tokens in a few clicks. It is a one-stop-shop for crypto investors."	"Experienced day traders seeking a regulated broker with sophisticated trading software and very low fees should look at IB. Their range of stocks also can't be beaten."
Pros
My tests show that fees are competitive with 26 underlying platforms helping to source the best prices I have noticed that Uphold is often one of the first platforms to list new crypto tokens Crypto staking is available on 30+ tokens with above-average rates up to 16% I am reassured that Uphold is 100% reserved, helping to protect client funds Over 250 cryptos are available including major tokens like Bitcoin and Ethereum I think the app is extremely easy to use with a slick design and navigation UK users can get the Uphold card with up to 2% cashback in XRP Two-step authentication bolsters user security	Gives day traders unmatched access to global stocks with tens of thousands available from 100+ market centres in 24 countries Direct market access, including to the FTSE 100 index, the CAC 40 and Germany’s DAX 40 Proprietary Trader Workstation comes with powerful tools and charting capabilities Regulated by some of the world's most reputable bodies including in US You have a reliable real-time market data feed, that rarely goes offline Diverse payment options and account currencies Commission reimbursement with Toggle AI Low commissions and tight spreads
Cons
The charting analysis features on the platform trail specialist exchanges I find the customer service slow with limited contact options There is a 2.49% fee if you want to use debit or credit cards Uphold operates with limited regulatory oversight	Due to the pricing structure, this firm can be more expensive for aggressive traders who trade over $100,000 shares a day Platform and web interface are complex and difficult for beginners to pick up Accessing products like CFDs is not straightforward compared to competitors The TWS platform falls short in terms of technical charting Mediocre customer support
Instruments
Cryptos	Stocks, Futures, E-minis, Options, CFD, Forex, Crypto, Exchange Linked Warrants
Demo Account
Yes	Yes
Minimum Deposit
$0	$0
Trading Platforms
Desktop Platform Mobile App	AlgoTrader OmniTrader eSignal TradingCentral
Payment Methods
ACH Transfer Bitcoin Payments Credit Card Debit Card Ethereum Payments Mastercard Visa Wire Transfer	ACH Transfer Apple Pay Automated Customer Account Transfer Service Cheque Credit Card Google Wallet JCB Card Mastercard Payoneer Samsung Pay Wire Transfer
Minimum Trade
$1	$100
Regulator
	SEC, FCA, IIROC, SFC
Margin Trading
No	Yes
Margin Rate
	1.55 - 2.59%
STP Account
No	Yes
ECN Account
No	No
DMA Account
No	Yes
MAM Account
No	Yes
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	Yes
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS, Android & Windows
Auto Trading
Automated crypto trading bots	Capitalise.ai & TWS API
Copy Trading
No	No
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
Yes	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
No	No
Account Currencies
USD EUR GBP	USD EUR GBP CAD AUD INR JPY SEK NOK DKK CHF HUF
Stock Exchanges
	Borsa Italiana CAC 40 Index France Chicago Mercantile Exchange Euronext IBEX 35 Japan Exchange Group Korean Stock Exchange London Metal Exchange London Stock Exchange Nasdaq Nasdaq Nordic & Baltics New York Stock Exchange Russell 2000 Shenzhen Stock Exchange Toronto Stock Exchange
Commodities
Gold Palladium Platinum Precious Metals Silver	Aluminium Gold Lead Natural Gas Precious Metals Soybeans Zinc
CFD Trading
CFD trading not offered	Trade leveraged CFDs on thousands of global stocks as well as 13 global indices, 80+ forex pairs, and London gold and silver. Leverage is available in line with regulatory requirements.
Leverage
	1:50
FTSE Spread
	0.005% (£1 Min)
GBPUSD Spread
	Commission (.20 pts x trade value)
Oil Spread
	N/A
Stocks Spread
	From 0.003 per share, variable
Forex Trading
Forex trading not offered	Trade 85 major, minor and exotic forex pairs via CFDs on IB's FXTrader platform with tight spreads and low commissions, or trade forex on the spot market. They offer more FX assets than almost any competitor.
GBPUSD Spread
	Commission (.20 pts x trade value)
EURUSD Spread
	Commission (.20 pts x trade value)
EURGBP Spread
	Commission (.20 pts x trade value)
Assets
	70+
Cryptocurrency
I found that you can buy and sell 250+ crypto assets with fiat currencies or in crypto pairs using the straightforward mobile app or through Uphold's browser-based account homepage. This is significantly more than many rivals. You can also earn up to 16% APY by staking one or more out of 32 valid tokens, or send tokens to an external wallet.	Buy and hold Bitcoin, Bitcoin Cash, Ethereum and Litecoin with low commissions of 0.12%–0.18%. Fees are low and the broker offers a secure environment to invest in digital assets.
Spread
Up to 1.5%	Variable
Coins
BTC BTCO AAVE ALCX DYDX INH XYO API3 GHST LSK AUDIO GLMR NMR CAKE GODS REQ CHR TRB DAO ROOK XRP ETH BAT ADA ALGO ATOM AVAX AXS BCH BAL BTG CSPR COMP CRV DASH DCR DGB DOGE DOT EGLD ENJ EOS FIL FLOW FTM GRT HBAR HNT IOTA LINKLTC LUNA MATIC MKR NANO NEO OMG OXT RUNE SAND SNX SOL SRM THETA TRAC TRX VET WBTC UNI UPBTC UPCO2 UPT XCH XLM XTZ ZIL ZRX AR SPELL CVX SHIB MANA NEAR MOVR NU QNT 1INCH BNT SGB RAY LRC KP3R SKL KNC SUKU GALA APE	BTC LTC ETH XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
Yes	No
Auto Market Maker
No	No

Review	Review
Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.
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Uphold vs	Interactive Brokers vs