Uphold Forex Broker

Uphold Review Summary Founded1998 Registered Country/RegionBahamas RegulationNo regulation Market InstrumentsCryptocurrencies, commodities, fiats, stable coins, utility tokens Demo Account/ Leverage/ Spread/ Trading PlatformUphold Web Platform, Uphold Mobile App Minimum Deposit$1 Customer SupportSocial Media: Facebook, X, Instagram, LinkedIn Address: Aristo House, Office A, The Balmoral, #78 Sanford Drive, Nassau, Bahamas.Uphold Information Uphold was founded in 1998 and was registered in the Bahamas, although it operates outside the authority of any recognized financial regulator. The organization provides access to an extensive range of cryptocurrencies and digital assets via its web and mobile platforms.Pros and Cons ProsCons Specialized in crypto marketNot regulated Low minimum depositWithdrawal fees charged Long operation historyLimited customer support channels Various payment optionsIs Uphold Legit? Uphold is registered in the Bahamas, although it is not overseen by any financial body there. Additionally, it lacks licenses from major international regulatory authorities such as the FCA (UK), ASIC (Australia), and CySEC (Cyprus). According to a WHOIS lookup, the domain uphold.com was first registered on February 7, 1998. It stays active and will be good until February 6, 2026. The most recent modification to the domain occurred on January 7, 2025.What Can I Trade on Uphold? Uphold offers access to a wide range of digital assets, with a focus on cryptocurrency trading. Besides, it also provides services for commodities, fiats, stable coins, and utility tokens trading. Tradable InstrumentsSupported Cryptos✔ Commodities✔ Fiats✔ Stable Coins✔ Utility Tokens✔Uphold Fees Uphold's cost structure is generally moderate to slightly above average, with trading charge percentages often exceeding that of many large cryptocurrency exchanges. Some deposit and withdrawal methods are free, while others have substantial fees. Asset TypeFee Range Stablecoins< 0.25% Major FX (e.g. USD/EUR)0.30% BTC / ETH1.4% – 1.6% Altcoins2.5% – 2.95% Precious Metals1.9% – 2.95%Trading Platform Trading PlatformSupportedAvailable DevicesSuitable for Uphold Web Platform✔PC, Web/ Uphold Mobile App✔iOS, Android/Deposit and Withdrawal Uphold does not charge any fees for numerous deposit and withdrawal methods, including bank transfers and SEPA payments. However, card-based transactions and withdrawals may be charged fees (up to 3.99% for deposits and 1.75-2.75% for withdrawals). The minimum deposit amount differs by region and method, however it might be as little as $1 depending on the payment method. MethodMinimum DepositDeposit FeeWithdrawal FeeProcessing Time ACH (US)$1FreeFree (Standard); 1.75% (Instant)1–5 business days (ACH) Wire Transfer (US)$2,000FreeVaries1–3 business days Debit/Credit Card$103.99%1.75%–2.75%Instant (Deposit), 1–3 days (Withdrawal) SEPA (EU/UK)€10FreeFree1–3 business days Apple/Google Pay$103.99%1.75%–2.75%Instant Interac (Canada)C$10FreeFree1–2 business days Crypto DepositNoneNetwork fee onlyNetwork fee onlyDepends on network congestion