City Index
Upbit
VS
Higher Rated
City Index
Capital at risk · T&Cs apply
Choosing between City Index and Upbit depends on your trading style, preferred markets, and budget. City Index is headquartered in London, UK, while Upbit operates from Seoul, South Korea. City Index has the longer track record, established in 1983, compared to Upbit which was founded in 2017. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
City Index
Upbit
City Index is the better choice overall, scoring 4.1/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Upbit offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
City Index
4.1 vs 3.2
Lowest Fees
Upbit
0.5 vs 0 pips
Regulation
City Index
3 vs 2 licences
Min. Deposit
Tied
$0 vs $0
City Index
WinnerUpbit
City Index
Upbit
City Index holds licences from FCA, ASIC, MAS. Upbit is regulated by MAS, FSC.
City Index additionally covers Cfd, Forex, Stocks, Indices, Commodities. Upbit adds Crypto.
On spreads, Upbit is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.5 pips at City Index.
City Index supports Proprietary Web, Proprietary Mobile, MT4. Upbit offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
City Index requires no minimum deposit, while Upbit sets no minimum deposit. This makes City Index accessible to traders with any budget.
BrokerRank scores City Index at 4.06/5 and Upbit at 3.18/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. City Index leads overall with a clear advantage.
City Index scores higher overall on our independent rating system. City Index holds a 4.1/5 rating vs Upbit's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
City Index offers spreads from 0.5 pips, while Upbit starts at 0 pips. Check the fees section above for a full breakdown.
City Index requires a minimum deposit of $0. Upbit requires $0.
City Index is regulated by FCA, ASIC, MAS, while Upbit holds licences from FSC, MAS.
City Index supports Proprietary Web, Proprietary Mobile, MT4. Upbit supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.