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

Swissquote vs Upbit 2026: Which Broker is Better?

Choosing between Swissquote and Upbit depends on your trading style, preferred markets, and budget. Swissquote is headquartered in Gland, Switzerland, while Upbit operates from Seoul, South Korea. Swissquote has the longer track record, established in 1996, 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.

Swissquote

Upbit

VS
SwissquoteUpbit
BrokerRank Score3.8/54.2/5 ✓
Min. Deposit$1000$0 ✓
Spread from1.3 pips0 pips ✓
Max Leverage1:100 ✓1:1
RegulationFCA, MASFSC, MAS
PlatformsMT4, MT5, Proprietary WebProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
UpbitSwissquote
Best for Low Fees
UpbitSwissquote
Best for Regulation
SwissquoteUpbit
Best Overall
UpbitSwissquote
Quick Answer

Upbit is the better choice overall, scoring 4.2/5 vs 3.8/5 on BrokerRank's independent rating. On fees, Upbit offers lower spreads (0 pips).

See full side-by-side comparison below

Swissquote vs Upbit: Key Differences

Feature

Swissquote

Upbit

Winner
Our Rating
3.8 / 5
4.2 / 5
Min. Deposit
$1000
$0
Max Leverage
Spread From
1.3 pips
0 pips
Commission
None
$0.05/lot
Regulated By
FSCMAS
Platforms
MT4, MT5, Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Forex, Stocks, Cfd, Crypto, Indices, Commodities
Crypto
Founded
1996
2017
Headquarters
Gland, Switzerland
Seoul, South Korea
Score
2 / 5
3 / 5

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Fees Comparison

Fee

Swissquote

Upbit

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

Regulation & Trust

Swissquote holds licences from FCA, MAS. Upbit is regulated by MAS, FSC.

Markets & Assets

Both brokers offer access to Crypto markets. Swissquote additionally covers Forex, Stocks, Cfd, Indices.

Fees & Spreads

On spreads, Upbit is more competitive with EUR/USD spreads from 0.0 pips, compared to 1.3 pips at Swissquote.

Trading Platforms

Swissquote supports MT4, MT5, Proprietary Web, Proprietary Mobile. Upbit offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.

Minimum Deposit

Swissquote requires a minimum deposit of $1,000, while Upbit sets no minimum deposit. This makes Upbit accessible to traders with any budget.

Overall Ratings

BrokerRank scores Swissquote at 3.80/5 and Upbit at 3.18/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Swissquote leads overall with a clear advantage.

BrokerRank Verdict

Swissquote is our recommended pick in this comparison, scoring 3.80/5 versus Upbit's 3.18/5. Swissquote holds more tier-1 licences (FCA, MAS), offering stronger regulatory protection. Upbit has a fees advantage with 0.0 pip spreads. Traders with smaller budgets may find Upbit's lower minimum deposit of $0 more accessible. Upbit is still a solid option for beginners starting with a smaller initial capital, but Swissquote offers a stronger overall package for the majority of traders.

Who Should Choose Which?

Swissquote

Swissquote

3.8/5

Choose Swissquote if you want…

  • No per-trade commission
  • Higher leverage (up to 1:100)
  • More market types (6)
  • More established (est. 1996)
Upbit

Upbit

4.2/5

Top pick

Choose Upbit if you want…

  • Higher overall rating (4.2/5)
  • Tighter spreads (from 0 pips)
  • No minimum deposit

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 Swissquote & Upbit are available in

Frequently Asked Questions

1

Is Swissquote better than Upbit?

Upbit scores higher overall on our independent rating system. Swissquote holds a 3.8/5 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, Swissquote or Upbit?

Swissquote offers spreads from 1.3 pips, while Upbit starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Swissquote vs Upbit?

Swissquote requires a minimum deposit of $1000. Upbit requires $0.

4

Which broker is safer, Swissquote or Upbit?

Swissquote is regulated by FCA, MAS, while Upbit holds licences from FSC, MAS.

5

What trading platforms do Swissquote and Upbit support?

Swissquote supports MT4, MT5, Proprietary Web, Proprietary Mobile. Upbit supports Proprietary Web, Proprietary Mobile.

6

Can I use both Swissquote 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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