FP Markets
Upbit
VS
Higher Rated
FP Markets
Capital at risk · T&Cs apply
Choosing between FP Markets and Upbit depends on your trading style, preferred markets, and budget. FP Markets is headquartered in Sydney, Australia, while Upbit operates from Seoul, South Korea. FP Markets has the longer track record, established in 2005, 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.
FP Markets
Upbit
FP Markets is the better choice overall, scoring 3.8/5 vs 3.2/5 on BrokerRank's independent rating. On fees, FP Markets offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
FP Markets
3.8 vs 3.2
Lowest Fees
Tied
0 vs 0 pips
Regulation
Tied
2 vs 2 licences
Min. Deposit
Upbit
$100 vs $0
FP Markets
Upbit
FP Markets
Upbit
Lower feesFP Markets holds licences from ASIC, CySEC. Upbit is regulated by MAS, FSC.
FP Markets additionally covers Forex, Cfd, Stocks, Indices, Commodities. Upbit adds Crypto.
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. Upbit offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Mobile.
FP Markets requires a minimum deposit of $100, while Upbit sets no minimum deposit. This makes Upbit accessible to traders with any budget.
BrokerRank scores FP Markets at 3.84/5 and Upbit at 3.18/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. FP Markets leads overall with a clear advantage.
FP Markets scores higher overall on our independent rating system. FP Markets holds a 3.8/5 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.
FP Markets offers spreads from 0 pips, while Upbit starts at 0 pips. Check the fees section above for a full breakdown.
FP Markets requires a minimum deposit of $100. Upbit requires $0.
FP Markets is regulated by ASIC, CySEC, while Upbit holds licences from FSC, MAS.
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. 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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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.