City Index vs Upbit 2026: Which Broker is Better?
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 | Upbit | |
|---|---|---|
| BrokerRank Score | 4.1/5 | 4.2/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0.5 pips | 0 pips ✓ |
| Max Leverage | 1:200 ✓ | 1:1 |
| Regulation | FCA, ASIC, MAS ✓ | FSC, MAS |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | Proprietary Web, Proprietary Mobile |
Upbit is the better choice overall, scoring 4.2/5 vs 4.1/5 on BrokerRank's independent rating. On fees, Upbit offers lower spreads (0 pips).
See full side-by-side comparison belowCity Index vs Upbit: Key Differences
City Index
Upbit
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Fees Comparison
City Index
Upbit
Regulation & Trust
City Index holds licences from FCA, ASIC, MAS. Upbit is regulated by MAS, FSC.
Markets & Assets
City Index additionally covers Cfd, Forex, Stocks, Indices, Commodities. Upbit adds Crypto.
Fees & Spreads
On spreads, Upbit is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.5 pips at City Index.
Trading Platforms
City Index supports Proprietary Web, Proprietary Mobile, MT4. Upbit offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
City Index requires no minimum deposit, while Upbit sets no minimum deposit. This makes City Index accessible to traders with any budget.
Overall Ratings
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.
BrokerRank Verdict
Who Should Choose Which?
City Index
4.1/5
Choose City Index if you want…
- No per-trade commission
- Higher leverage (up to 1:200)
- More regulatory licences (3)
- More market types (5)
Upbit
4.2/5
Choose Upbit if you want…
- Higher overall rating (4.2/5)
- Tighter spreads (from 0 pips)
Also consider
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.
Both City Index & Upbit are available in
Frequently Asked Questions
1Is City Index better than Upbit?
Upbit scores higher overall on our independent rating system. City Index holds a 4.1/5 rating vs Upbit's 4.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, City Index or Upbit?
City Index offers spreads from 0.5 pips, while Upbit starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for City Index vs Upbit?
City Index requires a minimum deposit of $0. Upbit requires $0.
4Which broker is safer, City Index or Upbit?
City Index is regulated by FCA, ASIC, MAS, while Upbit holds licences from FSC, MAS.
5What trading platforms do City Index and Upbit support?
City Index supports Proprietary Web, Proprietary Mobile, MT4. Upbit supports Proprietary Web, Proprietary Mobile.
6Can I use both City Index and Upbit?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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