FXTM
Upbit
VS
Higher Rated
FXTM
Capital at risk · T&Cs apply
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 is the better choice overall, scoring 3.6/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Upbit offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
FXTM
3.6 vs 3.2
Lowest Fees
Upbit
0.1 vs 0 pips
Regulation
FXTM
3 vs 2 licences
Min. Deposit
Upbit
$10 vs $0
FXTM
Upbit
WinnerFXTM
Upbit
Lower feesFXTM holds licences from FCA, CySEC, FSCA. Upbit is regulated by MAS, FSC.
FXTM additionally covers Forex, Cfd, Stocks, Indices, Commodities. Upbit adds Crypto.
On spreads, Upbit is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.1 pips at FXTM.
FXTM supports MT4, MT5. Upbit offers Proprietary Web, Proprietary Mobile.
FXTM requires a minimum deposit of $10, while Upbit sets no minimum deposit. This makes Upbit accessible to traders with any budget.
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.
FXTM scores higher overall on our independent rating system. FXTM 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.
FXTM offers spreads from 0.1 pips, while Upbit starts at 0 pips. Check the fees section above for a full breakdown.
FXTM requires a minimum deposit of $10. Upbit requires $0.
FXTM is regulated by FCA, CySEC, FSCA, while Upbit holds licences from FSC, MAS.
FXTM 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
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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.