Tiger Brokers
Tiger Brokers delivers tier-1 regulated, multi-asset trading with rock-bottom commissions and no minimum deposit.
- Min deposit
- $0
- Max leverage
- 1:4
- Spread from
- 0 pips
- Regulators
- MAS, ASIC
Tiger Brokers and Upbit serve very different trading audiences, but only one comes out on top in our independent 2026 rating. Tiger Brokers edges ahead with stronger regulation, broader market access, and a 3.6/5 overall score versus Upbit's 3.2/5.
Tiger Brokers delivers tier-1 regulated, multi-asset trading with rock-bottom commissions and no minimum deposit.
Upbit offers a dedicated, FSC-regulated cryptocurrency exchange experience for digital asset traders.
Same category, top-tier regulation, and it's currently accepting new traders.
See What Makes It DifferentCore features compared head-to-head.
| Feature | TB Tiger Brokers | U Upbit |
|---|---|---|
| Overview | ||
| Rating | 3.6 / 5 | 3.2 / 5 |
| Founded | 2014 | 2017 |
| Headquarters | Singapore | Seoul, South Korea |
| Regulation | MAS, ASIC | FSC, MAS |
| Fees & Limits | ||
| Min Deposit | $0 | $0 |
| Spreads From | 0 pips | 0 pips |
| Commission | $0.01/lot | $0.05/lot |
| Max Leverage | 1:4 | 1:1 |
| Platforms & Markets | ||
| Trading Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
| Markets Offered | Stocks, Indices, Cfd | Crypto |
Tiger Brokers
$0
Upbit
$0
Tiger Brokers
0 pips
Upbit
0 pips
Tiger Brokers
$0.01/lot
Upbit
$0.05/lot
Tiger Brokers
None
Upbit
None
Tiger Brokers
None
Upbit
None
Tiger Brokers is our recommended pick overall, scoring 3.6/5 against Upbit's 3.2/5 on our independent rating system. Tiger Brokers wins on regulatory strength with MAS and ASIC licensing, offers access to stocks, indices, and CFDs rather than crypto alone, and charges a lower commission of $0.01/lot versus Upbit's $0.05/lot. Upbit remains a reasonable choice for traders whose sole focus is cryptocurrency trading through a dedicated exchange, but for most traders seeking a well-rounded, multi-asset brokerage experience, Tiger Brokers offers the stronger overall package.
Regulatory strength is one of the clearest differentiators in this matchup. Tiger Brokers is licensed by the Monetary Authority of Singapore (MAS) and the Australian Securities and Investments Commission (ASIC), two of the most respected tier-1 regulators in the world.
Upbit, by contrast, holds licensing from South Korea's Financial Services Commission (FSC) and MAS. While the FSC provides legitimate oversight within South Korea's crypto market, it does not carry the same global tier-1 weight as ASIC.
For traders who prioritize capital protection and regulatory accountability above all else, Tiger Brokers' dual tier-1 licensing structure gives it a clear edge in our scoring, contributing directly to its higher overall rating.
Both brokers advertise spreads starting from 0 pips, so on paper the headline spread comparison is a tie. The real difference emerges in commission structure, where Tiger Brokers charges just $0.01/lot compared to Upbit's $0.05/lot.
Neither platform charges deposit or withdrawal fees, which is a welcome feature for cost-conscious traders moving funds in and out of their accounts regularly.
Both brokers also share a $0 minimum deposit requirement, making either platform accessible to traders with limited starting capital. However, the lower per-lot commission at Tiger Brokers makes it the more cost-efficient option for active, high-frequency traders.
This is where the two platforms diverge most sharply in purpose. Tiger Brokers provides access to stocks, indices, and CFDs, giving traders a genuinely diversified multi-asset experience under one account.
Upbit is a single-market platform focused exclusively on cryptocurrency trading, which may suit traders who want a dedicated crypto exchange but limits flexibility for those wanting to diversify into traditional asset classes.
On leverage, Tiger Brokers offers up to 1:4, while Upbit caps out at 1:1. Neither leverage figure is aggressive by industry standards, but Tiger Brokers' modest edge still provides more flexibility for traders using leverage-based strategies on stocks and CFDs.
Both Tiger Brokers and Upbit rely on proprietary web and mobile platforms rather than third-party solutions like MetaTrader. This means neither broker supports MT4 or MT5, which could be a drawback for traders who prefer industry-standard charting and automated trading tools.
Tiger Brokers' proprietary suite is built around its multi-asset offering, giving users a unified dashboard for stocks, indices, and CFDs. Upbit's proprietary platform, by comparison, is purpose-built for crypto order books and digital asset trading.
Neither platform has a meaningful edge in raw technology here since both are closed, proprietary ecosystems — the better choice depends entirely on whether your trading focus is multi-asset or crypto-only.
Tiger Brokers was founded in 2014 and is headquartered in Singapore, giving it over a decade of operating history in the brokerage space. Upbit was founded in 2017 and is based in Seoul, South Korea, making it a few years younger as a company.
Longer operating history generally correlates with more established internal processes, deeper liquidity relationships, and more mature compliance frameworks — all factors that contributed to Tiger Brokers' higher score in our rating methodology.
That said, Upbit has built a solid reputation specifically within the crypto exchange niche, and its South Korean FSC licensing does provide meaningful local regulatory accountability for crypto-focused traders.
When we weigh regulation, fees, market access, and company maturity together, Tiger Brokers earns the higher overall rating of 3.6/5 compared to Upbit's 3.2/5 in our independent scoring. It takes our awards for Best Overall, Best for Beginners, Best for Low Fees, and Best for Regulation.
Upbit is not a weak platform — it simply serves a narrower purpose. If your trading activity is exclusively cryptocurrency-focused and you value a dedicated exchange experience, Upbit remains a workable choice.
For the broader population of traders who want multi-asset diversification, stronger tier-1 regulatory backing, and lower per-lot trading costs, Tiger Brokers is the more complete and recommended platform in this comparison.
The bottom line — category winners and our final pick based on ratings.
Tiger Brokers edges out Upbit overall based on our expert rating score.
Highest Rated
Tiger Brokers
3.6 / 5 / 5
Category winners
Overall winner
Based on overall expert rating (3.6/5).
Better for beginners
Stronger onboarding and educational resources.
Lower trading costs
More competitive spreads and baseline commissions.
Stronger regulation
Higher trust based on tier-1 regulatory oversight.
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.
Our #1 Pick Right Now: AvaTrade
Same category, top-tier regulation, and it's currently accepting new traders.