Higher Rated
Eightcap
Capital at risk · T&Cs apply
Choosing between Eightcap and Upbit depends on your trading style, preferred markets, and budget. Eightcap is headquartered in Melbourne, Australia, while Upbit operates from Seoul, South Korea. Eightcap has the longer track record, established in 2009, 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.
Eightcap
Upbit
Eightcap is the better choice overall, scoring 3.6/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Eightcap offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
Eightcap
3.6 vs 3.2
Lowest Fees
Tied
0 vs 0 pips
Regulation
Eightcap
3 vs 2 licences
Min. Deposit
Upbit
$100 vs $0
Eightcap
Upbit
Eightcap
Upbit
Lower feesEightcap holds licences from ASIC, FCA, CySEC. Upbit is regulated by MAS, FSC.
Both brokers offer access to Crypto markets. Eightcap additionally covers Forex, Cfd, Indices, Commodities.
Eightcap supports MT4, MT5. Upbit offers Proprietary Web, Proprietary Mobile.
Eightcap requires a minimum deposit of $100, while Upbit sets no minimum deposit. This makes Upbit accessible to traders with any budget.
BrokerRank scores Eightcap at 3.62/5 and Upbit at 3.18/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Eightcap leads overall with a clear advantage.
Eightcap scores higher overall on our independent rating system. Eightcap holds a 3.6/5 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.
Eightcap offers spreads from 0 pips, while Upbit starts at 0 pips. Check the fees section above for a full breakdown.
Eightcap requires a minimum deposit of $100. Upbit requires $0.
Eightcap is regulated by ASIC, FCA, CySEC, while Upbit holds licences from FSC, MAS.
Eightcap supports MT4, MT5. 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.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
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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.