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

Phillip Capital vs Upbit 2026: Which Broker is Better?

Choosing between Phillip Capital and Upbit depends on your trading style, preferred markets, and budget. Phillip Capital is headquartered in Singapore, while Upbit operates from Seoul, South Korea. Phillip Capital has the longer track record, established in 1975, 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.

Phillip Capital

Upbit

Higher ratedUpbit logo

Upbit

4.2/ 5
Visit Upbit →Full review
VS
Phillip CapitalUpbit
BrokerRank Score3.7/54.2/5 ✓
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:5 ✓1:1
RegulationMAS, ASICFSC, MAS
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
Phillip CapitalUpbit
Best for Low Fees
Phillip CapitalUpbit
Best for Regulation
Phillip CapitalUpbit
Best Overall
UpbitPhillip Capital
Quick Answer

Upbit is the better choice overall, scoring 4.2/5 vs 3.7/5 on BrokerRank's independent rating. On fees, Phillip Capital offers lower spreads (0 pips).

See full side-by-side comparison below

Phillip Capital vs Upbit: Key Differences

Feature

Phillip Capital

Upbit

Winner
Our Rating
3.7 / 5
4.2 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$0.08/lot
$0.05/lot
Regulated By
FSCMAS
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Stocks, Forex, Cfd, Indices, Commodities
Crypto
Founded
1975
2017
Headquarters
Singapore
Seoul, South Korea
Score
1 / 3
2 / 3

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Fees Comparison

Fee

Phillip Capital

Upbit

Lower fees
Spread From
0 pips
0 pips
Commission
$0.08/lot
$0.05/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

Phillip Capital holds licences from MAS, ASIC. Upbit is regulated by MAS, FSC.

Markets & Assets

Phillip Capital additionally covers Stocks, Forex, Cfd, Indices, Commodities. Upbit adds Crypto.

Trading Platforms

Phillip Capital supports Proprietary Web, Proprietary Mobile. Upbit offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.

Minimum Deposit

Phillip Capital requires no minimum deposit, while Upbit sets no minimum deposit. This makes Phillip Capital accessible to traders with any budget.

Overall Ratings

BrokerRank scores Phillip Capital at 3.74/5 and Upbit at 3.18/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Phillip Capital leads overall with a clear advantage.

BrokerRank Verdict

Phillip Capital is our recommended pick in this comparison, scoring 3.74/5 versus Upbit's 3.18/5. Phillip Capital holds more tier-1 licences (MAS, ASIC), offering stronger regulatory protection. Upbit is still a solid option for traders who prefer Upbit's specific platform or market selection, but Phillip Capital offers a stronger overall package for the majority of traders.

Who Should Choose Which?

Phillip Capital

Phillip Capital

3.7/5

Choose Phillip Capital if you want…

  • Higher leverage (up to 1:5)
  • More market types (5)
  • More established (est. 1975)
Upbit

Upbit

4.2/5

Top pick

Choose Upbit if you want…

  • Higher overall rating (4.2/5)

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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 Phillip Capital & Upbit are available in

Frequently Asked Questions

1

Is Phillip Capital better than Upbit?

Upbit scores higher overall on our independent rating system. Phillip Capital holds a 3.7/5 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.

2

Which has lower fees, Phillip Capital or Upbit?

Phillip Capital 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 Phillip Capital vs Upbit?

Phillip Capital requires a minimum deposit of $0. Upbit requires $0.

4

Which broker is safer, Phillip Capital or Upbit?

Phillip Capital is regulated by MAS, ASIC, while Upbit holds licences from FSC, MAS.

5

What trading platforms do Phillip Capital and Upbit support?

Phillip Capital supports Proprietary Web, Proprietary Mobile. Upbit supports Proprietary Web, Proprietary Mobile.

6

Can I use both Phillip Capital 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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