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eToro vs Uphold

eToro vs Uphold

Adrian Graham
Fact Checked
June 23, 2022

eToro and Uphold are two of the most popular multi-asset trading platforms in the US, UK, Europe, and around the world. Both brokerage platforms are highly regarded because of their low fees, choice of assets (including Stocks, ETFs, Cryptocurrencies, and more) and high regulatory adherence.

In this guide, we will compare eToro vs Uphold to help investors understand which platform is better and why. Review and compare their key features, fees, available assets, and more.

eToro vs Uphold Uphold vs eToro
Trading Fees 0% Commissions + 0.5% Spread Variable Commissions + 1.5% Spread
Available Assets Stocks, ETFs, Cryptocurrencies & More Stocks, ETFs and Cryptocurrencies
Number of Assets 6,000+ 220+
Year Founded 2008 2013
Available for USA Yes Yes
Deposit Methods Bank Wire, Bank Transfer, PayPal, Debit Card, Credit Card Bank Wire, Bank Transfer or Debit Card
Mobile Friendly Image Image
Overall Rating Image Image
Visit Website eToro Uphold

Note: eToro USA LCC does not offer CFDs, only real Crypto assets available. For more information on either platform, read our eToro Review or Uphold Review.

Table of Contents

Platform Highlights

eToro vs Uphold: Assets

eToro is the world's largest multi-asset brokerage because they offer over 6,000 Stocks, ETFs, Commodities and more from markets around the world. They also boast a wide variety of cryptocurrency features, including over 65 tradeable assets and a feature to stake and earn with their yield farming platform.

Uphold also offers Stocks, ETFs, Commodities, and crypto, however, they have a lot fewer to choose from. Their exchange only offers 50 US Stocks and 130+ cryptocurrencies. The Uphold app also does not offer Options or alternative commodities like Oil and Gas.

Assets Conclusion: eToro wins. The eToro platform has the widest selection of tradeable markets in the world with over 6,000 assets to buy, sell, and trade.

Trade Stocks, Crypto, Indices, ETFs and Commodities via eToro.

Trading Fees

eToro is a low-commission brokerage, however, they do take a small fee in the spread whenever you trade on their platform. Our team has calculated eToro's average spread to be around 0.5% - which means that they are below the industry average of 1%. eToro also charges an average of 50bps (0.5%) to deposit EUR, GBP, USD, or AUD onto their platform.

Uphold is also a zero-commission brokerage, however, they have incredibly high spreads as noted in their fees guidelines. They charge spreads as high as 3% for precious metals like Gold & Silver, and over 1% for equities and cryptocurrencies. This makes them one of the most expensive platforms in the world.

Fees Conclusion: eToro wins. The eToro platform has significantly lower spreads than Uphold at 0.5% compared to an average of 1.5% on Uphold.

Uphold fees and spreads disclosure.

Cryptocurrency Staking Options

Uphold is widely regarded for their easy-to-use cryptocurrency staking app, which allows users to earn up to 19.5% on assets like Solana, Kava, Ethereum, USDC, and 5 others. With Uphold crypto staking, there are no lock-ups which means you can deposit and withdraw your assets from staking at any time.

eToro also offers a cryptocurrency staking feature, however, it is not as expansive as what is available on Uphold. The platform currently offers staking for 4 coins that includes Ethereum, Tron (TRX), Cardano (ADA) and Solana (SOL). The yields go as high as 8% - which makes it slightly less attractive than Uphold.

Staking Conclusion: Uphold wins. The Uphold platform offers more crypto staking options and higher yields compared to eToro.

Earn up to 19.5% APY on Cryptocurrencies via Uphold.

Security and Regulatory Adherence

eToro was founded in 2008 and is regulated and available in over 100 jurisdictions around the world, including the US, Europe, the UK, Australia, New Zealand, and many nations across Asia. They are the most trusted and secure multi-asset brokerage in the world, given that they have been around for the longest time without any issues to note.

Uphold is also a globally regulated and licensed trading platform, with its headquarters based in London, England. One key difference between Uphold and eToro from a security or trust standpoint is that Uphold is much younger. Their company was founded in 2013 by Halsey Minor, which means they are slightly less battle-tested than eToro.

Security Conclusion: eToro wins. They have been around for over a decade and survived several market crashes and recessions, making them a more battle-tested platform.

eToro vs Uphold: Final Verdict

Overall, it is clear that eToro is the superior platform compared to Uphold based on their wider variety of assets and significantly lower fees. The only advantage that Uphold has is its cryptocurrency staking feature, however, it is still not that great compared to the yields you can get when using popular DeFi applications like AAVE.

For most investors, eToro is the best platform for tight execution on trades, secure custody and optionality on a diverse range of assets.

eToro vs Uphold

Co-Founder & former banker turned Full-Time DeFi analyst and researcher. Left traditional finance to pursue my interest in digital assets and decentralized finance.

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