Monex
Upbit
VS
Higher Rated
Monex
Capital at risk · T&Cs apply
Choosing between Monex and Upbit depends on your trading style, preferred markets, and budget. Monex is headquartered in Tokyo, Japan, while Upbit operates from Seoul, South Korea. Monex has the longer track record, established in 1999, 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.
Monex
Upbit
Monex is the better choice overall, scoring 3.4/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Monex offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
Monex
3.4 vs 3.2
Lowest Fees
Tied
0 vs 0 pips
Regulation
Tied
2 vs 2 licences
Min. Deposit
Tied
$0 vs $0
Monex
WinnerUpbit
Monex
Upbit
Lower feesMonex holds licences from SEC, FSA. Upbit is regulated by MAS, FSC.
Both brokers offer access to Crypto markets. Monex additionally covers Stocks, Etf, Forex.
Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP. Upbit offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Monex requires no minimum deposit, while Upbit sets no minimum deposit. This makes Monex accessible to traders with any budget.
BrokerRank scores Monex at 3.42/5 and Upbit at 3.18/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Monex leads overall with a clear advantage.
Monex scores higher overall on our independent rating system. Monex holds a 3.4/5 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.
Monex offers spreads from 0 pips, while Upbit starts at 0 pips. Check the fees section above for a full breakdown.
Monex requires a minimum deposit of $0. Upbit requires $0.
Monex is regulated by FSA, SEC, while Upbit holds licences from FSC, MAS.
Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP. 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.