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

M1 Finance vs Upbit 2026: Which Broker is Better?

Choosing between M1 Finance and Upbit depends on your trading style, preferred markets, and budget. M1 Finance is headquartered in Chicago, USA, while Upbit operates from Seoul, South Korea. M1 Finance has the longer track record, established in 2015, 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.

M1 Finance

Upbit

VS
M1 FinanceUpbit
BrokerRank Score3.2/54.3/5 ✓
Min. Deposit$100$0 ✓
Spread from0 pips0 pips
Max Leverage1:2 ✓1:1
RegulationSECFSC, MAS ✓
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
UpbitM1 Finance
Best for Low Fees
M1 FinanceUpbit
Best for Regulation
UpbitM1 Finance
Best Overall
UpbitM1 Finance
Quick Answer

Upbit is the better choice overall, scoring 4.3/5 vs 3.2/5 on BrokerRank's independent rating. On fees, M1 Finance offers lower spreads (0 pips).

See full side-by-side comparison below

M1 Finance vs Upbit: Key Differences

Feature

M1 Finance

Upbit

Winner
Our Rating
3.2 / 5
4.3 / 5
Min. Deposit
$100
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
None
$0.05/lot
Regulated By
SEC
FSCMAS
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Stocks, Indices
Crypto
Founded
2015
2017
Headquarters
Chicago, USA
Seoul, South Korea
Score
1 / 3
2 / 3

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Fees Comparison

Fee

M1 Finance

Lower fees

Upbit

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

Regulation & Trust

M1 Finance holds licences from SEC. Upbit is regulated by MAS, FSC.

Markets & Assets

M1 Finance additionally covers Stocks, Indices. Upbit adds Crypto.

Trading Platforms

M1 Finance supports Proprietary Web, Proprietary Mobile. Upbit offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.

Minimum Deposit

M1 Finance requires a minimum deposit of $100, while Upbit sets no minimum deposit. This makes Upbit accessible to traders with any budget.

Overall Ratings

BrokerRank scores M1 Finance at 3.20/5 and Upbit at 3.18/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. M1 Finance leads overall with a marginal advantage.

BrokerRank Verdict

M1 Finance and Upbit are closely matched, with M1 Finance scoring 3.20/5 against Upbit's 3.18/5. Both brokers carry equivalent tier-1 regulation. Traders with smaller budgets may find Upbit's lower minimum deposit of $0 more accessible. For most traders, M1 Finance is the stronger all-round choice, though Upbit remains competitive for traders who prioritise regulatory breadth across multiple jurisdictions.

Who Should Choose Which?

M1 Finance

M1 Finance

3.2/5

Choose M1 Finance if you want…

  • No per-trade commission
  • Higher leverage (up to 1:2)
  • More market types (2)
  • More established (est. 2015)
Upbit

Upbit

4.3/5

Top pick

Choose Upbit if you want…

  • Higher overall rating (4.3/5)
  • No minimum deposit
  • More regulatory licences (2)

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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80% of retail CFD accounts lose money.

Both M1 Finance & Upbit are available in

Frequently Asked Questions

1

Is M1 Finance better than Upbit?

Upbit scores higher overall on our independent rating system. M1 Finance holds a 3.2/5 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, M1 Finance or Upbit?

M1 Finance offers spreads from 0 pips, while Upbit starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for M1 Finance vs Upbit?

M1 Finance requires a minimum deposit of $100. Upbit requires $0.

4

Which broker is safer, M1 Finance or Upbit?

M1 Finance is regulated by SEC, while Upbit holds licences from FSC, MAS.

5

What trading platforms do M1 Finance and Upbit support?

M1 Finance supports Proprietary Web, Proprietary Mobile. Upbit supports Proprietary Web, Proprietary Mobile.

6

Can I use both M1 Finance 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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