L
Libertex
3.7 / 5Score: 2 / 4
Nearly three decades of multi-asset trading power with zero commissions and leverage up to 1:999.
- Min deposit
- $10
- Max leverage
- 1:999
- Spread from
- 0 pips
- Regulators
- CySEC
Reviewed by Experts Updated 10/12/2026
Libertex vs Upbit: Which Broker Wins in 2026?
Libertex and Upbit sit on opposite ends of the trading spectrum, one a multi-asset CFD and forex broker, the other a crypto-focused exchange. Our independent rating places Libertex ahead at 3.7/5 versus Upbit's 3.2/5, largely on the back of broader markets and lower trading costs.
U
Upbit
3.2 / 5Score: 2 / 4
A zero-minimum-deposit crypto exchange backed by dual regulatory oversight from FSC and MAS.
- Min deposit
- $0
- Max leverage
- 1:1
- Spread from
- 0 pips
- Regulators
- FSC, MAS
Our #1 Pick Right Now: AvaTrade
Same category, top-tier regulation, and it's currently accepting new traders.
See What Makes It Different Overall Winner
Libertex
Best for Beginners
Upbit
Lowest Fees
Libertex
Top Regulation
Upbit
Side-by-side comparison
Core features compared head-to-head.
| Feature | L Libertex | U Upbit |
|---|---|---|
| Overview | ||
| Rating | 3.7 / 5 | 3.2 / 5 |
| Founded | 1997 | 2017 |
| Headquarters | Limassol, Cyprus | Seoul, South Korea |
| Regulation | CySEC | FSC, MAS |
| Fees & Limits | ||
| Min Deposit | $10 | $0 |
| Spreads From | 0 pips | 0 pips |
| Commission | None | $0.05/lot |
| Max Leverage | 1:999 | 1:1 |
| Platforms & Markets | ||
| Trading Platforms | Proprietary Web, Proprietary Mobile, MT4, MT5 | Proprietary Web, Proprietary Mobile |
| Markets Offered | Forex, Cfd, Stocks, Indices, Commodities, Crypto | Crypto |
Trading & non-trading fees
Min Deposit
Libertex
$10
Upbit
$0
Spreads From
Libertex
0 pips
Upbit
0 pips
Commission
Libertex
None
Upbit
$0.05/lot
Deposit Fees
Libertex
None
Upbit
None
Withdrawal Fees
Libertex
None
Upbit
None
Pros & cons
L
Libertex
Pros
- Higher overall independent rating at 3.7 out of 5
- Zero per-trade commission keeps trading costs transparent
- Significantly higher maximum leverage of 1:999 versus competitors
- Broader market access spanning six distinct asset classes
- Supports both proprietary platforms and industry-standard MT4/MT5
- Long operating history dating back to 1997 adds credibility
- No deposit or withdrawal fees on transactions
Cons
- Single regulatory licence (CySEC) compared to multi-jurisdiction competitors
- Minimum deposit of $10, while some rivals offer $0 entry
- High leverage up to 1:999 increases risk exposure for inexperienced traders
- Not ideal for traders seeking exclusively spot crypto exchange functionality
U
Upbit
Pros
- No minimum deposit makes it highly accessible for new traders
- Regulatory coverage across two jurisdictions (FSC, MAS)
- No deposit or withdrawal fees
- Simple, crypto-focused proprietary platform experience
- Straightforward fee structure for spot crypto trading
Cons
- Limited exclusively to crypto markets with no forex, stocks, or commodities access
- Maximum leverage capped at 1:1, restricting trading flexibility
- Charges a $0.05 per lot commission on top of spreads
- No support for MetaTrader 4 or MetaTrader 5
- Lower overall independent rating at 3.2 out of 5
Our expert verdict
Editor's verdict
Overall winner Libertex
Lowest fees Libertex
Best regulation Upbit
Better for beginners Upbit
Libertex is our recommended pick in this comparison, scoring 3.7/5 versus Upbit's 3.2/5 on our independent rating system. Upbit counters with a $0 minimum deposit and regulatory coverage spanning two jurisdictions (FSC, MAS), making it appealing to crypto-only traders who value accessibility and oversight. However, Libertex's broader asset selection, commission-free structure, and support for MT4/MT5 give it the stronger overall package for most traders.
Regulation & Safety
Libertex operates under a single regulatory license from CySEC, the Cyprus Securities and Exchange Commission, which enforces EU-aligned investor protection standards including segregated client funds and compensation scheme eligibility. While this is just one license, CySEC regulation is widely respected among European and international retail traders seeking CFD and forex exposure.
Upbit holds licences from both the FSC (Financial Services Commission) and MAS (Monetary Authority of Singapore), giving it a slightly broader regulatory footprint across two jurisdictions. This dual coverage is a genuine advantage for traders who prioritize multi-region oversight, particularly in the crypto exchange space where regulatory clarity is still evolving.
Neither broker holds top-tier licences from bodies like the FCA or ASIC, so safety-conscious traders should still perform their own due diligence. On pure license count, Upbit edges ahead, but Libertex's CySEC status still covers traditional financial instruments more comprehensively than Upbit's crypto-centric framework.
Fees, Spreads & Commissions
Both brokers quote spreads starting from 0 pips, putting them on equal footing at the headline level. The real differentiator is commission structure: Libertex charges no per-trade commission at all, while Upbit applies a $0.05 per lot commission on top of its spread.
For high-frequency or volume traders, that per-lot fee on Upbit can accumulate meaningfully over time, whereas Libertex's zero-commission model keeps costs more predictable. Neither platform charges deposit or withdrawal fees, which is a welcome consistency for cost-conscious traders on both sides.
Overall, Libertex presents the more cost-efficient package once commissions are factored in, which is why it's recognized as the better pick for low fees in our awards breakdown.
Markets, Leverage & Account Requirements
Libertex offers access to six distinct market categories including forex, CFDs, stocks, indices, commodities, and crypto, making it a genuine multi-asset platform. Upbit, by contrast, is a dedicated crypto exchange, meaning its market scope is limited exclusively to digital assets.
Leverage is another area of stark contrast. Libertex offers leverage up to 1:999, appealing to traders who want flexibility in position sizing, while Upbit caps leverage at 1:1, reflecting its spot-crypto exchange model rather than a leveraged CFD structure.
On minimum deposit, Upbit has the clear edge with a $0 requirement compared to Libertex's $10 minimum. That $10 barrier is still low by industry standards, but traders wanting to start with absolutely no capital commitment may lean toward Upbit initially.
Trading Platforms & Tools
Libertex supports a more extensive platform suite: its own Proprietary Web and Mobile apps alongside the industry-standard MetaTrader 4 and MetaTrader 5. This gives traders access to advanced charting, automated strategies, and expert advisors through the MT4/MT5 ecosystem.
Upbit offers only its Proprietary Web and Mobile platforms, which are well-suited for straightforward crypto spot trading but lack the algorithmic and multi-asset charting depth that MT4/MT5 users expect.
For traders who rely on custom indicators, EAs, or cross-platform compatibility, Libertex's inclusion of MetaTrader products is a significant structural advantage over Upbit's more limited toolkit.
Company Background & Track Record
Libertex has been operating since 1997, giving it nearly three decades of market presence from its headquarters in Limassol, Cyprus. That longevity places it among the more established names in the retail trading space.
Upbit is a considerably younger company, founded in 2017 and based in Seoul, South Korea. While it has built a strong reputation within the crypto exchange niche in a relatively short time, it lacks the extended track record that Libertex brings to the comparison.
Longevity isn't everything, but for traders weighing institutional stability and crisis-tested operations, Libertex's 29-year history versus Upbit's 9-year history is a meaningful consideration.
Our Verdict
Libertex wins this comparison on our independent rating system with a 3.7/5 score against Upbit's 3.2/5, driven by its broader market access, zero commissions, higher leverage ceiling, and more robust platform lineup including MT4/MT5.
Upbit remains a credible choice specifically for crypto-only traders who want a $0 minimum deposit and multi-jurisdictional regulatory coverage, but it simply cannot compete on versatility or cost efficiency for traders seeking forex, stocks, or commodities exposure.
Our recommendation: choose Libertex if you want a well-rounded, cost-effective multi-asset broker; choose Upbit only if your trading is strictly confined to crypto and you value its specific regulatory licences.
Verdict summary
The bottom line — category winners and our final pick based on ratings.
Editor's verdict
Libertex wins overall
Libertex edges out Upbit overall based on our expert rating score.
L
Highest Rated
Libertex
3.7 / 5 / 5
Category winners
Overall winner
Based on overall expert rating (3.7/5).
LibertexBetter for beginners
Stronger onboarding and educational resources.
UpbitLower trading costs
More competitive spreads and baseline commissions.
LibertexStronger regulation
Higher trust based on tier-1 regulatory oversight.
Upbit
Frequently asked questions
Yes, based on our independent rating system, Libertex scores 3.7 out of 5 compared to Upbit's 3.2 out of 5. Libertex's advantage comes from its broader market access, zero commissions, and support for MT4/MT5 platforms, though Upbit remains a solid specialist choice for crypto-only traders.
Both brokers advertise spreads starting from 0 pips, but Libertex charges no per-trade commission while Upbit applies a $0.05 per lot fee. This makes Libertex the more cost-efficient option overall, especially for frequent traders.
Libertex requires a minimum deposit of $10, while Upbit has no minimum deposit requirement at all. Traders wanting to start with zero upfront capital may find Upbit more accessible initially.
Libertex is regulated by CySEC, a respected single-jurisdiction regulator, while Upbit holds licences from both FSC and MAS, covering two separate jurisdictions. Upbit technically has broader regulatory coverage, though Libertex's CySEC oversight covers a wider range of financial instruments.
Libertex supports its own Proprietary Web and Mobile apps plus MetaTrader 4 and MetaTrader 5, giving traders access to advanced charting and automated trading tools. Upbit only offers its Proprietary Web and Mobile platforms, which are more limited but sufficient for straightforward crypto trading.
No, Upbit is a crypto-only exchange and does not offer forex, stocks, indices, or commodities trading. Libertex, on the other hand, supports six market categories including forex, CFDs, stocks, indices, commodities, and crypto.
Libertex offers leverage up to 1:999, giving traders significant flexibility in position sizing, while Upbit caps leverage at 1:1, reflecting its nature as a spot crypto exchange rather than a leveraged CFD broker.
Yes, there's no restriction preventing you from holding accounts at both brokers simultaneously. Many traders use Libertex for multi-asset CFD and forex exposure while keeping a separate Upbit account for dedicated crypto spot trading.
Upbit's $0 minimum deposit and simplified crypto-only interface make it approachable for absolute beginners entering the crypto space. However, Libertex's longer track record since 1997 and broader educational exposure across asset classes can also benefit newer traders exploring multiple markets.
Neither Libertex nor Upbit charges deposit or withdrawal fees, making both platforms consistent and predictable when it comes to moving funds in and out of your trading account.
Risk warning: Trading CFDs and forex involves significant risk of loss and is not suitable for all investors. Please consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.