MultiBank FX vs Global Prime
| MultiBank FX | Global Prime |
|---|---|
4.7
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3.8
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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. |
Global Prime is a multi-regulated trading broker offering 150+ markets. Traders can get started with a $200 minimum deposit and trade with leverage up to 1:100. The firm also has a high trust score and a good reputation with a license from the ASIC. |
| 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." | "Global Prime is suitable for both beginners and seasoned traders with excellent market access, low fees and a range of tools including copy trading." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| Forex, CFDs, indices, shares, metals, commodities, cryptocurrencies | Forex, indices, commodities, cryptocurrencies, shares, bonds |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $50 | A$200 |
| 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 | ASIC, VFSC, FSA |
| Margin Trading | |
| No | Yes |
| STP Account | |
| No | Yes |
| ECN Account | |
| Yes | Yes |
| DMA Account | |
| No | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | Yes |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | Yes |
| Market Maker | |
| Yes | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | No |
| Mobile Apps | |
| Yes | iOS & Android |
| Auto Trading | |
| Yes (APIs) | Yes |
| 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. | Interact with and copy the trades of experienced investors with Global Prime's exclusive copy trading service. Over 40 different setups can be copied on the popular Myfxbook Autotrade platform. |
| Social Trading | |
| Yes | Yes |
| Trade Signals | |
| 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 |
| Islamic Account | |
| Yes | No |
| 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. | Global Prime offers CFD trading opportunities on 150+ global markets including forex, indices, commodities, cryptocurrencies and bonds. Spreads are tight with a raw ECN account available starting from zero. |
| Leverage | |
| 1:500 | 1:200 |
| FTSE Spread | |
| Not offered | 0.84 |
| GBPUSD Spread | |
| 0.8 | 0.64 |
| Oil Spread | |
| 0.03 | 1.6 |
| Stocks Spread | |
| Variable | Variable |
| 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. | Global Prime traders can access 48 forex pairs including majors, minors and exotics with tight spreads from 0.9 with no commission or from 0 with a $7 round turn. Forex is traded via the leading MT4 platform, micro lots are available and latency is low via a New York-based server. |
| GBPUSD Spread | |
| 0.8 | 0.75 |
| EURUSD Spread | |
| 0.3 | 0.16 |
| EURGBP Spread | |
| 0.8 | 0.85 |
| Assets | |
| 45+ | 48 |
| 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. | Global Prime crypto CFDs cover a good range of 35 tokens with impressive commissions of 0.1% and leverage available in some jurisdictions. The tokens include Bitcoin, Ethereum and other popular choices as well as smaller tokens like Sandbox and Avalanche. |
| Spread | |
| Floating | Floating |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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| More Comparisons | |
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MultiBank FX vs |
Global Prime vs |