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Side-by-Side Comparison Independent Updated Oct 2, 2026

CMC Markets vs Upbit 2026: Which Broker is Better?

Choosing between CMC Markets and Upbit depends on your trading style, preferred markets, and budget. CMC Markets is headquartered in London, UK, while Upbit operates from Seoul, South Korea. CMC Markets has the longer track record, established in 1989, 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.

CMC Markets

Upbit

Higher ratedUpbit logo

Upbit

4.3/ 5
Visit Upbit →Full review
VS
CMC MarketsUpbit
BrokerRank Score4.0/54.3/5 ✓
Min. Deposit$0$0
Spread from0.7 pips0 pips ✓
Max Leverage1:500 ✓1:1
RegulationFCA, ASIC, MAS ✓FSC, MAS
PlatformsProprietary Web, Proprietary Mobile, MT4Proprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
CMC MarketsUpbit
Best for Low Fees
UpbitCMC Markets
Best for Regulation
CMC MarketsUpbit
Best Overall
UpbitCMC Markets
Quick Answer

Upbit is the better choice overall, scoring 4.3/5 vs 4.0/5 on BrokerRank's independent rating. On fees, Upbit offers lower spreads (0 pips).

See full side-by-side comparison below

CMC Markets vs Upbit: Key Differences

Feature

CMC Markets

Upbit

Our Rating
4.0 / 5
4.3 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0.7 pips
0 pips
Commission
None
$0.05/lot
Regulated By
FSCMAS
Platforms
Proprietary Web, Proprietary Mobile, MT4
Proprietary Web, Proprietary Mobile
Markets
Cfd, Forex, Stocks, Indices, Commodities, Crypto
Crypto
Founded
1989
2017
Headquarters
London, UK
Seoul, South Korea
Score
2 / 4
2 / 4

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Fees Comparison

Fee

CMC Markets

Upbit

Spread From
0.7 pips
0 pips
Commission
None
$0.05/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

CMC Markets holds licences from FCA, ASIC, MAS. Upbit is regulated by MAS, FSC.

Markets & Assets

CMC Markets 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 0.7 pips at CMC Markets.

Trading Platforms

CMC Markets supports Proprietary Web, Proprietary Mobile, MT4. Upbit offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.

Minimum Deposit

CMC Markets requires no minimum deposit, while Upbit sets no minimum deposit. This makes CMC Markets accessible to traders with any budget.

Overall Ratings

BrokerRank scores CMC Markets at 4.04/5 and Upbit at 3.18/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. CMC Markets leads overall with a clear advantage.

BrokerRank Verdict

CMC Markets is our recommended pick in this comparison, scoring 4.04/5 versus Upbit's 3.18/5. CMC Markets holds more tier-1 licences (FCA, ASIC, MAS), offering stronger regulatory protection. Upbit has a fees advantage with 0.0 pip spreads. Upbit is still a solid option for traders who prefer Upbit's specific platform or market selection, but CMC Markets offers a stronger overall package for the majority of traders.

Who Should Choose Which?

CMC Markets

CMC Markets

4.0/5

Choose CMC Markets if you want…

  • No per-trade commission
  • Higher leverage (up to 1:500)
  • More regulatory licences (3)
  • More market types (6)
Upbit

Upbit

4.3/5

Top pick

Choose Upbit if you want…

  • Higher overall rating (4.3/5)
  • Tighter spreads (from 0 pips)

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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4.3
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4.0
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Plus500
4.0
MAS
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80% of retail CFD accounts lose money.

Both CMC Markets & Upbit are available in

Frequently Asked Questions

1

Is CMC Markets better than Upbit?

Upbit scores higher overall on our independent rating system. CMC Markets holds a 4.0/5 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, CMC Markets or Upbit?

CMC Markets offers spreads from 0.7 pips, while Upbit starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for CMC Markets vs Upbit?

CMC Markets requires a minimum deposit of $0. Upbit requires $0.

4

Which broker is safer, CMC Markets or Upbit?

CMC Markets is regulated by FCA, ASIC, MAS, while Upbit holds licences from FSC, MAS.

5

What trading platforms do CMC Markets and Upbit support?

CMC Markets supports Proprietary Web, Proprietary Mobile, MT4. Upbit supports Proprietary Web, Proprietary Mobile.

6

Can I use both CMC Markets 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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