MultiBank FX vs CMC Markets
MultiBank FX | CMC Markets |
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4.7
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4.7
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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. |
Established in 1989, CMC Markets is a respected broker listed on the London Stock Exchange and authorized by several tier-one regulators, including the FCA, ASIC and CIRO. More than 1 million traders from around the world have signed up with the multi-award winning brokerage. |
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. | |
Customer Reviews | |
4.5
Based on 2 CMC Markets customer reviews
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Bonus Offer | |
20% deposit bonus | |
Comment by Reviewer | |
"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." | "With advanced charting tools and an extensive range of tradable CFDs, including an almost unrivalled selection of currencies and custom indices, CMC Markets provides a fantastic online platform for traders of all levels. " |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Forex, CFDs, indices, shares, metals, commodities, cryptocurrencies | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Treasuries, Custom Indices, Spread Betting |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$50 | $0 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.1 Lots | 0.01 Lots |
Regulator | |
SCA, MAS, CySEC, ASIC, AUSTRAC, BaFin, FMA, FSC, CIMA, TFG, VFSC | FCA, ASIC, MAS, CIRO, BaFin, FMA, DFSA |
Margin Trading | |
No | Yes |
Margin Rate | |
1% | |
STP Account | |
No | No |
ECN Account | |
Yes | No |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | Yes |
Market Maker | |
Yes | Yes |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
Yes | iOS & Android |
App Review | |
The award-winning app from CMC Markets has transformed mobile trading. The app’s modern and customizable interface offers a unique user experience, distinct from competitors. Moreover, with its comprehensive charting capabilities featuring 25 technical indicators and 15 drawing tools, as well as its fast and stable trading environment, it’s an exceptional choice for day traders. |
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Android App Rating | |
3.7 |
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iOS App Rating | |
4.1 |
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Auto Trading | |
Yes (APIs) | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
Yes | No |
Copy Trading Platform | |
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 | |
Yes | Yes |
VPS Hosting | |
No | Yes |
Tournaments | |
No | No |
Demo Competitions | |
Yes | Yes |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | Yes |
Inactivity Fee | |
$10 | |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
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. | CMC lets you trade CFDs on 12,000+ assets across currencies, indices, commodities, shares, ETFs and treasuries. Spreads are relatively tight, there are no hidden fees and the industry-leading MetaTrader 4 platform is also supported for leveraged trading. Year after year, CMC shines as one of the best CFD brokers in the market. |
Leverage | |
1:500 | 1:30 (Retail), 1:500 (Pro) |
FTSE Spread | |
Not offered | 1 pt |
GBPUSD Spread | |
0.8 | 0.9 |
Oil Spread | |
0.03 | 3.5 |
Stocks Spread | |
Variable | 0.02 |
Forex Trading | |
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. | CMC presents an extensive array of 300+ forex pairs characterized by tight spreads and rapid executions, surpassing the offerings of many competitors in terms of currency diversity. Forex indices also present a fairly unique and holistic way to speculate on the value of key currencies like the USD, EUR and GBP. |
GBPUSD Spread | |
0.8 | 0.9 |
EURUSD Spread | |
0.3 | 0.7 |
EURGBP Spread | |
0.8 | 1.1 |
Assets | |
45+ | 300+ |
Currency Indices | |
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Cryptocurrency | |
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. | CMC Markets offers trading on popular digital tokens like Bitcoin but really stands out for its crypto indices that provide broader exposure to the cryptocurrency market. There is also minimal slippage and an excellent 99.9% fill rate, making CMC a great option for active crypto day traders. |
Spread | |
Floating | From 1.3 |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. | |
More Comparisons | |
MultiBank FX vs |
CMC Markets vs |