MultiBank FX vs FXTM

MultiBank FX vs FXTM Comparison Table 2023
MultiBank FX	FXTM
Review 4.7	Review 4
Traders from US not accepted	Traders from US not accepted
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.	FXTM is a top-rated forex and CFD broker. Offering 1000+ markets and three account types, they cater to all levels of trader.
Bonus Offer
20% deposit bonus	30% up to $100 via Exinity Ltd
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."
Pros
24/7 multilingual customer support available across all accounts Renowned MT4 and MT5 platforms, plus proprietary 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	Copy trading Demo account MT4 integration Low minimum deposit Multiple payment methods Multiple account currencies Strong regulatory oversight
Cons
$5,000 minimum deposit required to access ECN spreads Average education and market research $60 monthly inactivity fee
Awards
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	Best Trading Experience 2021 - World Finance Awards Best Online Leveraged Trading Services 2021 - Global Business Awards Best Forex Education Partner Nigeria 2021 - World Business Outlook Best Trading Experience 2020 - World Finance Awards Best ECN Broker 2020 - DayTrading.com
Instruments
Forex, CFDs, indices, shares, metals, commodities, cryptocurrencies	Forex, CFDs, Indices, Commodities, Stocks
Demo Account
Yes	Yes
Minimum Deposit
$50	$50
Payment Methods
Credit Card GlobePay Mastercard Neteller Perfect Money Skrill Swift Visa Wire Transfer	Bitcoin Payments Credit Card FasaPay GlobePay Google Wallet JCB Card M-Pesa Maestro Neteller PayRedeem Perfect Money QIWI Skrill UnionPay Visa WebMoney WeChat Pay Western Union WorldPay Yandex Money
Minimum Trade
0.1 lots	0.01 lots
Regulator
ASIC, AUSTARC, BAFIN, CIMA, SCA, FMA, FSC, MAS, TFG, VFSC	CySEC, FCA, FSCA, FSC
Margin Trading
No	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
Yes	Yes
cTrader
Yes	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	Yes
eSignal
No	No
Trading Central
No	No
STP Account
No	Yes
ECN Account
Yes	Yes
DMA Account
No	No
MAM Account
No	Yes
PAMM Account
No	Yes
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 & Windows
Auto Trading
Yes (APIs)	Yes, via FXTM Invest or EAs
Copy Trading
Yes	Yes
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.	FXTM Invest is a popular copy trading app connecting clients to established investors with successful portfolios.
Social Trading
Yes	Yes
Trade Signals
Yes	Yes
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
Yes	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$5
Islamic Account
Yes	Yes
Account Currencies
	USD EUR GBP PLN CZK NGN
Stock Exchanges
	Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Japan Exchange Group Nasdaq National Stock Exchange Of India S&P 500
Commodities
Cocoa Coffee Copper Corn Gold Oil Silver Soybeans	Gold Natural Gas Oil Precious Metals Silver
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.	Use leveraged CFDs to speculate on the price of a wide range of popular financial markets.
Leverage
1:500	1:30 EU, 1:2000 Global
FTSE Spread
Not offered	1.3 pts
GBPUSD Spread
0.8	0.3 (var)
Oil Spread
0.03	9 pts (var)
Stocks Spread
Variable	0.1% Var
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.	FXTM offer forex trading on a huge range of currency pairs. Spreads can be as low as 0.1 with the ECN account types.
Forex App
	FXTM deliver a great mobile trading experience. Fast, secure and easy-to-use, the app supports both MetaTrader 4 and 5 and delivers real time quotes, all trading execution types and full account maintenance. The charting facilities are also among the best of any mobile app. Download it today.
GBPUSD Spread
0.8	0.3 (var)
EURUSD Spread
0.3	0.1 (var)
EURGBP Spread
0.8	0.2 (var)
Assets
45+	50+
Currency Indices
	USD EUR GBP JPY AUD NZD
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.	Crypto trading not offered
Spread
Floating	Variable
Coins
BTC LTC ETH XRP	BTC ETH LTC XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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