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Let's compare: head to head

Trading 212 and Uphold are some of the biggest investment platforms on the market. Let's break down what they offer.

Trading 212 logo
Uphold logo
Products

Introduction

In this head-to-head, we’re comparing Trading 212 and Uphold. We’ve tested them and will cover things such as fees, features, and offerings. We’ll also cover where the platforms perform well and any potential shortcomings to be aware of.

Who is Trading 212?

Trading 212 is a FinTech that democratises the financial markets with free, smart, and easy-to-use apps, enabling anyone to trade Stocks, ETFs, Forex, Commodities, and more. With more than 2 million customers worldwide, and £3.5bn in client assets, T212 provides effective access to a range of markets from as little as £1.


Who is Uphold?


Uphold serves 184+ countries, across 200+ currencies (traditional and crypto). Since 2015, Uphold has powered more than $4 billion in transactions. Uphold also provides a debit card that offers cashback in XRP if you spend crypto or national currencies - with no annual or foreign currency transaction fee.

Who are Trading 212?
Who are Uphold?
Products

Products

Trading 212 logo
Uphold logo

Share dealing
ISAs
CFDs
Crypto
Currencies
Card

✅                                                       ❌ 
✅                                                       ❌ 
✅                                                       ❌ 
​❌                                                       ✅ 
​​❌                                                       ✅ 
​​❌                                                       ✅
 

Capital at risk. The value of your investments can go down.

Capital at risk. The value of your investments can go down.

Trading212 and Uphold are two FinTechs at the top of their game. Trading 212’s offering is strongly centered around investing in shares and ETFs and trading instruments like CFDs. Uphold on the other hand focuses almost entirely on crypto, with the additional offering of foreign currencies and a Uphold card enabling a user to get cash back on purchases in crypto, and spend abroad without fees. If investing in shares or trading financial instruments is your thing, Trading 212 might be the one for you. If you’re all about crypto, Uphold could be a great option.

Fees

Fees

Trading 212 logo
Uphold logo

Minimum deposit
Platform fees
Trading fees
Inactivity fee
Deposits
Withdrawal

£1                                                       £10
£0                                                       £0 
£0                                                       $1 
❌                                                       ❌ 
£0                                                       £0 
£0                                                       £0

Capital at risk. The value of your investments can go down.

Capital at risk. The value of your investments can go down.

Both Trading 212 and Uphold have competitive fee structures that will likely suit most investors, very accessible minimum deposit amounts, and free deposit and withdrawal options. While we aren’t comparing apples with apples, Trading 212 leads with its zero-commission approach to investing. Uphold fees on the other hand aren't to be sniffed at, with a $1 flat fee per trade under $500 in value.

Features

Features

Trading 212 logo
Uphold logo

App based
Web based
Education content
Demo investing
Cashback

✅                                                       ✅ 
✅                                                       ✅ 
✅                                                       ✅ 
✅                                                       ❌ 
❌                                                       ✅ 

Capital at risk. The value of your investments can go down.

Capital at risk. The value of your investments can go down.

Both apps are suitable for beginner and more adept investors alike. Both have web-based propositions to suit investors who want more than just an app-based investing experience. Both could do better on the education front, however, we love Trading 212’s free demo investing account. Finally, the final feature to note for Uphold is by far the Uphold card. It offers users an effective way to not only spend crypto holdings but to passively build them by offering 4% cashback in XRP if you spend crypto and 2% in national currencies.

Summary

Summary

To sum it up, Trading 212 is probably the best option of the two if you’re looking for a provider that covers stocks, ETFs, ISAs, and trading, all in one place. Uphold on the other hand would better suit an investor looking to get into the world of crypto, particularly if the prospect of building crypto passively through daily spending appeals.

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