FXTM vs Upbit 2026: Which Broker is Better?
Choosing between FXTM and Upbit depends on your trading style, preferred markets, and budget. FXTM is headquartered in Limassol, Cyprus, while Upbit operates from Seoul, South Korea. FXTM has the longer track record, established in 2011, 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.
FXTM
Upbit
| FXTM | Upbit | |
|---|---|---|
| BrokerRank Score | 3.6/5 | 4.2/5 ✓ |
| Min. Deposit | $10 | $0 ✓ |
| Spread from | 0.1 pips | 0 pips ✓ |
| Max Leverage | 1:2000 ✓ | 1:1 |
| Regulation | FCA, CySEC, FSCA ✓ | FSC, MAS |
| Platforms | MT4, MT5 | Proprietary Web, Proprietary Mobile |
Upbit is the better choice overall, scoring 4.2/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Upbit offers lower spreads (0 pips).
See full side-by-side comparison belowFXTM vs Upbit: Key Differences
FXTM
Upbit
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Fees Comparison
FXTM
Upbit
Lower feesRegulation & Trust
FXTM holds licences from FCA, CySEC, FSCA. Upbit is regulated by MAS, FSC.
Markets & Assets
FXTM additionally covers Forex, Cfd, Stocks, Indices, Commodities. Upbit adds Crypto.
Fees & Spreads
On spreads, Upbit is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.1 pips at FXTM.
Trading Platforms
FXTM supports MT4, MT5. Upbit offers Proprietary Web, Proprietary Mobile.
Minimum Deposit
FXTM requires a minimum deposit of $10, while Upbit sets no minimum deposit. This makes Upbit accessible to traders with any budget.
Overall Ratings
BrokerRank scores FXTM at 3.59/5 and Upbit at 3.18/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. FXTM leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
FXTM
3.6/5
Choose FXTM if you want…
- Higher leverage (up to 1:2000)
- More regulatory licences (3)
- More market types (5)
- More established (est. 2011)
Upbit
4.2/5
Choose Upbit if you want…
- Higher overall rating (4.2/5)
- Tighter spreads (from 0 pips)
- No minimum deposit
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 FXTM & Upbit are available in
Frequently Asked Questions
1Is FXTM better than Upbit?
Upbit scores higher overall on our independent rating system. FXTM holds a 3.6/5 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, FXTM or Upbit?
FXTM offers spreads from 0.1 pips, while Upbit starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for FXTM vs Upbit?
FXTM requires a minimum deposit of $10. Upbit requires $0.
4Which broker is safer, FXTM or Upbit?
FXTM is regulated by FCA, CySEC, FSCA, while Upbit holds licences from FSC, MAS.
5What trading platforms do FXTM and Upbit support?
FXTM supports MT4, MT5. Upbit supports Proprietary Web, Proprietary Mobile.
6Can I use both FXTM 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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