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Side-by-Side Comparison Independent Updated Oct 29, 2026

bitFlyer vs Upbit 2026: Which Broker is Better?

Compare bitFlyer and Upbit side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

bitFlyer

Upbit

VS
bitFlyerUpbit
BrokerRank Score3.1/54.3/5 ✓
Min. Deposit$0$0
Spread from0.1 pips0 pips ✓
Max Leverage1:2 ✓1:1
RegulationFSAFSC, MAS ✓
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
bitFlyerUpbit
Best for Low Fees
UpbitbitFlyer
Best for Regulation
UpbitbitFlyer
Best Overall
UpbitbitFlyer
Quick Answer

Upbit is the better choice overall, scoring 4.3/5 vs 3.1/5 on BrokerRank's independent rating. On fees, Upbit offers lower spreads (0 pips).

See full side-by-side comparison below

bitFlyer vs Upbit: Key Differences

Feature

bitFlyer

Upbit

Winner
Our Rating
3.1 / 5
4.3 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0.1 pips
0 pips
Commission
$0.15/lot
$0.05/lot
Regulated By
FSA
FSCMAS
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Crypto
Crypto
Founded
2014
2017
Headquarters
Tokyo, Japan
Seoul, South Korea
Score
0 / 4
4 / 4

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Fees Comparison

Fee

bitFlyer

Upbit

Lower fees
Spread From
0.1 pips
0 pips
Commission
$0.15/lot
$0.05/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

bitFlyer scores 3.07/5 while Upbit scores 4.26/5 in our independent rating.

Upbit edges ahead overall, but bitFlyer may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

bitFlyer

bitFlyer

3.1/5

Choose bitFlyer if you want…

  • Higher leverage (up to 1:2)
  • More established (est. 2014)
Upbit

Upbit

4.3/5

Top pick

Choose Upbit if you want…

  • Higher overall rating (4.3/5)
  • Tighter spreads (from 0 pips)
  • More regulatory licences (2)

Also consider

View all rankings

We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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FCA
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Both bitFlyer & Upbit are available in

Frequently Asked Questions

1

Is bitFlyer better than Upbit?

Upbit scores higher overall on our independent rating system. bitFlyer holds a 3.1/5 rating vs Upbit's 4.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, bitFlyer or Upbit?

bitFlyer offers spreads from 0.1 pips, while Upbit starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for bitFlyer vs Upbit?

bitFlyer requires a minimum deposit of $0. Upbit requires $0.

4

Which broker is safer, bitFlyer or Upbit?

bitFlyer is regulated by FSA, while Upbit holds licences from FSC, MAS.

5

What trading platforms do bitFlyer and Upbit support?

bitFlyer supports Proprietary Web, Proprietary Mobile. Upbit supports Proprietary Web, Proprietary Mobile.

6

Can I use both bitFlyer and Upbit?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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BrokerRank Research

Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

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Bybit

4.0
Open Account

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