Upbit
Weltrade
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Upbit
Capital at risk · T&Cs apply
Choosing between Upbit and Weltrade depends on your trading style, preferred markets, and budget. Upbit is headquartered in Seoul, South Korea, while Weltrade operates from Limassol, Cyprus. Weltrade has the longer track record, established in 2006, 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.
Upbit
Weltrade
Upbit (3.2/5) and Weltrade (3.2/5) are closely matched. Upbit has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowOverall Rating
Tied
3.2 vs 3.2
Lowest Fees
Tied
0 vs 0 pips
Regulation
Upbit
2 vs 1 licences
Min. Deposit
Upbit
$0 vs $25
Upbit
WinnerWeltrade
Upbit
Weltrade
Lower feesUpbit holds licences from MAS, FSC. Weltrade is regulated by FSA.
Both brokers offer access to Crypto markets. Weltrade adds Forex, Cfd, Indices, Commodities.
Upbit supports Proprietary Web, Proprietary Mobile. Weltrade offers MT4, MT5.
Upbit requires no minimum deposit, while Weltrade sets a minimum deposit of $25. This makes Upbit accessible to traders with any budget.
BrokerRank scores Upbit at 3.18/5 and Weltrade at 3.18/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Upbit leads overall with a marginal advantage.
Upbit (3.2/5) and Weltrade (3.2/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
Upbit offers spreads from 0 pips, while Weltrade starts at 0 pips. Check the fees section above for a full breakdown.
Upbit requires a minimum deposit of $0. Weltrade requires $25.
Upbit is regulated by FSC, MAS, while Weltrade holds licences from FSA.
Upbit supports Proprietary Web, Proprietary Mobile. Weltrade supports MT4, MT5.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
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76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.