Infinox vs MultiBank FX

Infinox vs MultiBank FX Comparison Table 2024
Infinox MultiBank FX
3.4
4.7

Infinox is a UK-based and FCA-regulated broker that offers diverse trading products thanks to its STP and ECN account types and support for MetaTrader 4, MetaTrader 5 and a proprietary platform. Clients can also benefit from a free VPS that can support automated strategies and a social trading platform, catering to both beginner and seasoned traders.

MultiBank FX is an established broker offering forex and CFD products since 2005. With 20,000+ instruments, plenty of local payment methods and 24/7 multilingual customer support, the broker is a popular choice among traders globally. New clients can also access a variety of bonus offers and access the hugely popular MT4 and MT5 trading platforms.

Customer Reviews
1
Bonus Offer
20% deposit bonus
Comment by Reviewer
"Serious day traders will appreciate the tight spreads and competitive fees available on Infinox's ECN account." "MultiBank FX is a great option for active forex traders with 55 currency pairs, spreads from 0.0 pips and high leverage up to 1:500."
Pros
  • The advanced IX Exchange will serve active day traders with sophsticated analysis tools
  • A well-rounded broker with a choice of pricing models, platforms, apps and accounts
  • The copy trading service and zero minimum deposit make Infinox suitable for beginners
  • FCA is a tier-one regulator boosting the broker's trust and security score
  • Multiple account currencies serving global traders
  • No inactivity fee to deter casual traders
  • Low starting deposit of just £1
  • 24/7 multilingual customer support available across all accounts
  • Renowned MT4 and MT5 platforms, plus proprietary MultiBank-Plus solutions and social trading
  • Vast range of local payment methods with fast withdrawals within 24 hours
  • Global presence with 10+ regulatory licenses, including ASIC (Australia) and MAS (Singapore)
  • MAM, PAMM and FIX API access for high-volume or pro traders, plus EAs and VPS hosting for algorithmic trading
Cons
  • Market research is less insightful and frequent than competitors
  • No weekend customer support
  • $5,000 minimum deposit required to access ECN spreads
  • Average education and market research
  • $60 monthly inactivity fee
Awards
  • Best Forex Broker For Long Term Trading 2022
  • Best Forex Copy Trading Platform Africa 2021
  • Best Trading Account Margin Rates 2020
  • Best Gold Broker 2023 - FX Empire
  • Best Forex Broker 2023 - Fintech & Crypto Summit Bahrain
  • Chairman Of The Year 2023 - Le Fonti Awards Dubai
  • Leading Financial Derivatives Institution 2023 - Le Fonti Awards Dubai
  • The Most Trusted Broker In The Middle East 2023 - Ultimate Fintech
  • Best Broker Of The Year 2022 - Traders Union
  • Best Globally Recognized Forex Broker 2022 - Forex Expo Dubai
  • Best Crypto Broker Asia & Europe 2022 - Global Brands Magazine
  • Best Financial Derivatives Broker Asia & Europe 2022 - Global Brands Magazine
  • Best Global Broker 2022 - Pan Finance
  • Best Global Forex Chairman Of The Year 2022 - Global Business Review Magazine
  • Best New Global Asset Digital Exchange - MultiBank Crypto Exchange 2022 - Global Business Review Magazine
  • The 50 Most Influential Figures In Global Financial Markets 2022 - Forex Traders Summit Dubai
  • Best Global Crypto Broker 2021 - Forex Expo Dubai
  • Bets Global Broker 2021 - Finance Magnates
  • Best Broker MENA 2021 - Finance Magnates
  • Best Broker Africa 2021 - Finance Magnates
  • Best Broker LATAM 2021 - Finance Magnates
  • Most Trusted Global Broker 2021 - Global Business Review Magazine
  • The 50 Most Influential Figures In Global Financial Markets 2021 - Forex Traders Summit Dubai
  • 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
Instruments
Forex, CFDs, Indices, Shares, Commodities, Futures Forex, CFDs, indices, shares, metals, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
£1 $50
Trading Platforms
  • MT4
  • MT5
  • MultiBank-Plus
  • MT4
  • MT5
  • cTrader
Payment Methods
Minimum Trade
0.01 Lots 0.1 Lots
Regulator
FCA, SCB, FSCA SCA, MAS, CySEC, ASIC, AUSTRAC, BaFin, FMA, FSC, CIMA, TFG, VFSC
Margin Trading
Yes No
STP Account
Yes No
ECN Account
Yes Yes
DMA Account
Yes No
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No Yes
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader Yes (APIs)
Copy Trading
Yes Yes
Copy Trading Platform
With IX Social (Infinox social trading), you can automatically replicate the trades of the best investors. On the negative side, the usability and choice of master traders lags behind competitors like eToro. Clients can start copy trading in three simple steps at MultiBank FX, gaining access to profitable online traders from around the world. Build a diverse portfolio while learning from experienced investors and saving time on market research.
Social Trading
Yes Yes
Trade Signals
MQL4 & MQL5 Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
Stock Exchanges
Commodities
CFD Trading
Trade CFDs on forex, stocks, commodities and indices with tight spreads and leverage limited to the FCA-sanctioned maximum of 1:30. Infinox traders benefit from lightning-fast execution speeds and a choice between STP and ECN pricing, making this a flexible option for beginner and serious traders. Access thousands of CFDs with competitive pricing and leverage up to 1:500. A range of asset classes are available, including currencies, shares, indices, metals and commodities. CFDs can be traded on the market-leading MetaTrader platforms.
Leverage
1:30 (UK), 1:200 (Global) 1:500
FTSE Spread
0.9 Not offered
GBPUSD Spread
0.4 0.8
Oil Spread
0.06 0.03
Stocks Spread
0.02 USD Variable
Forex Trading
Trade 45 major, minor and exotic forex pairs. This is an average range, but the broker offers attractive and very competitive tight floating spreads from 0.3. Useful features including a news feed set the broker apart from many rivals and can help plan forex strategies. MultiBank FX offers trading on 50+ major, minor and exotic currency pairs. Spreads are tighter than many competitors and the broker offers higher leverage than most alternatives. Automated trading strategies are also permitted.
GBPUSD Spread
0.4 0.8
EURUSD Spread
0.3 0.3
EURGBP Spread
0.3 0.8
Assets
45+ 45+
Currency Indices
  • USD
Cryptocurrency
Crypto trading not offered Trade a selection of the top cryptos against the US Dollar, including Bitcoin, Polkadot and Stellar with 50% leverage. Traders also benefit from fast execution speeds of <20ms.
Spread
Floating
Coins
  • BTC
  • LTC
  • ETH
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
Infinox
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MultiBank FX
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