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

ThinkMarkets vs Upbit 2026: Which Broker is Better?

Choosing between ThinkMarkets and Upbit depends on your trading style, preferred markets, and budget. ThinkMarkets is headquartered in London, UK, while Upbit operates from Seoul, South Korea. ThinkMarkets has the longer track record, established in 2010, 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.

ThinkMarkets

Upbit

Higher ratedUpbit logo

Upbit

4.3/ 5
Visit Upbit →Full review
VS
ThinkMarketsUpbit
BrokerRank Score3.9/54.3/5 ✓
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:500 ✓1:1
RegulationFCA, ASICFSC, MAS
PlatformsMT4, MT5, Proprietary WebProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
ThinkMarketsUpbit
Best for Low Fees
ThinkMarketsUpbit
Best for Regulation
ThinkMarketsUpbit
Best Overall
UpbitThinkMarkets
Quick Answer

Upbit is the better choice overall, scoring 4.3/5 vs 3.9/5 on BrokerRank's independent rating. On fees, ThinkMarkets offers lower spreads (0 pips).

See full side-by-side comparison below

ThinkMarkets vs Upbit: Key Differences

Feature

ThinkMarkets

Upbit

Winner
Our Rating
3.9 / 5
4.3 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$3.5/lot
$0.05/lot
Regulated By
FSCMAS
Platforms
MT4, MT5, Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Crypto
Founded
2010
2017
Headquarters
London, UK
Seoul, South Korea
Score
1 / 3
2 / 3

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Fees Comparison

Fee

ThinkMarkets

Upbit

Lower fees
Spread From
0 pips
0 pips
Commission
$3.5/lot
$0.05/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

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

Markets & Assets

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

Trading Platforms

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

Minimum Deposit

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

Overall Ratings

BrokerRank scores ThinkMarkets at 3.92/5 and Upbit at 3.18/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. ThinkMarkets leads overall with a clear advantage.

BrokerRank Verdict

ThinkMarkets is our recommended pick in this comparison, scoring 3.92/5 versus Upbit's 3.18/5. ThinkMarkets holds more tier-1 licences (FCA, ASIC), offering stronger regulatory protection. Upbit is still a solid option for traders who prefer Upbit's specific platform or market selection, but ThinkMarkets offers a stronger overall package for the majority of traders.

Who Should Choose Which?

ThinkMarkets

ThinkMarkets

3.9/5

Choose ThinkMarkets if you want…

  • Higher leverage (up to 1:500)
  • More market types (6)
  • More established (est. 2010)
  • More platforms (4 supported)
Upbit

Upbit

4.3/5

Top pick

Choose Upbit if you want…

  • Higher overall rating (4.3/5)

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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Plus500
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80% of retail CFD accounts lose money.

Both ThinkMarkets & Upbit are available in

Frequently Asked Questions

1

Is ThinkMarkets better than Upbit?

Upbit scores higher overall on our independent rating system. ThinkMarkets holds a 3.9/5 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, ThinkMarkets or Upbit?

ThinkMarkets 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 ThinkMarkets vs Upbit?

ThinkMarkets requires a minimum deposit of $0. Upbit requires $0.

4

Which broker is safer, ThinkMarkets or Upbit?

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

5

What trading platforms do ThinkMarkets and Upbit support?

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

6

Can I use both ThinkMarkets 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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