5paisa vs MultiBank FX

5paisa vs MultiBank FX Comparison Table 2021
5paisa MultiBank FX
5paisa is a discount Indian brokerage with equities and derivatives trading on thousands of products. MultiBank FX is a regulated forex and CFD broker offering sign-up deposit bonuses, tight spreads and MT4 trading.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Awards
Best FX Service Provider 2020 - International Business Magazine
Best FX Customer Service 2020 - Forex Awards
Best Apac Region Broker 2020 - International Financial Awards
Best Forex & CFD Broker 2019 - Jordan Forex & Expo Awards
Financial Services Provider of the Year Asia 2019 - Global Brands Magazine
Best Forex Trading Platform Hong Kong 2018 - International Finance Magazine
Bonus
None 20% deposit bonus
Instruments
Stocks, Futures, Options, Forex Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
No Yes
Minimum Deposit
INR 450 $50
Payment Methods
Wire Transfer Credit Card, Mastercard, Neteller, Perfect Money, Skrill, Swift, Visa, Wire Transfer
Minimum Trade
No 0.1 lots
Regulator
SEBI ASIC, BaFin, FMA, CNMV, DFSA, FSC, CIMA
Margin Trading
Yes No
Margin Rate
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
STP Account
No No
ECN Account
No Yes
DMA Account
No No
Mobile Apps
iOS & Android Yes
Auto Trading
No Yes (APIs)
Trade Signals
Yes Yes
Social Trading
No Yes
Copy Trading
No Yes
Islamic Account
No Yes
Account Currencies
INR -
CFD
CFD trading not offered Trade contracts for difference across markets with up to 1:500 leverage.
Leverage
1:500
FTSE Spread
Not offered
GBPUSD Spread
0.8
Oil Spread
0.03
Stocks Spread
Variable
Forex
5paisa supports forex trading through futures and options on four major currencies paired with the Indian rupee. MultiBank FX offers investing in leading major, minor and exotic currency pairs.
GBPUSD Spread
N/A 0.8
EURUSD Spread
N/A 0.3
EURGBP Spread
N/A 0.8
Assets
4 45+
Cryptocurrency
Crypto trading not offered Trade a selection of the top cryptos against the US Dollar with 50% margin.
Spread
Floating
Coins
BTC, LTC, ETH, XRP