MultiBank FX vs Fortrade

MultiBank FX vs Fortrade Comparison Table 2022
MultiBank FX Fortrade
WINNER
Fortrade is the better broker
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
MultiBank FX is a regulated forex and CFD broker offering sign-up deposit bonuses, tight spreads and MT4 trading. Fortrade is a multi-asset broker offering a simple live account with advanced tools.
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
20% deposit bonus
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, bonds
Demo Account
Yes Yes
Minimum Deposit
$50 $100
Payment Methods
Minimum Trade
0.1 lots 0.01 lots
Regulator
ASIC, BaFin, FMA, CNMV, DFSA, FSC, CIMA FCA, ASIC, CySEC, NBRB, IIROC
Margin Trading
No No
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No Yes
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 No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
Yes Yes
Auto Trading
Yes (APIs) Yes (EAs)
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.
Social Trading
Yes No
Trade Signals
Yes Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No
Guaranteed Stop Loss
No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
Commodities
CFD Trading
Trade contracts for difference across markets with up to 1:500 leverage. Trade CFDs with up to 1:30 leverage in multiple markets.
Leverage
1:500 1:30
FTSE Spread
Not offered 2
GBPUSD Spread<
0.8 2
Oil Spread
0.03 0.04
Stocks Spread
Variable Variable
Forex Trading
MultiBank FX offers investing in leading major, minor and exotic currency pairs. Trade a breadth of forex pairs with up to 1:30 leverage.
GBPUSD Spread
0.8 2
EURUSD Spread
0.3 2
EURGBP Spread
0.8 3
Assets
45+ 60+
Cryptocurrency
Trade a selection of the top cryptos against the US Dollar with 50% margin. Trade four leading crypto coins against the US Dollar.
Spread
Floating Variable
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • BTC
  • DSH
  • LTC
  • ETH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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