MultiBank FX vs ICM Capital

MultiBank FX vs ICM Capital Comparison Table 2024
MultiBank FX ICM Capital
4.7
2.3
ICM Markets only accept professional 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.

ICM Capital is an FCA-regulated brokerage that offers professional traders multi-asset trading. Pro traders can choose between MetaTrader 4 and ICM's proprietary platform to access commission-free and tight-spread account options. ICM Capital does not accept amateur traders.

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." "ICM Capital is best for professional traders looking for tight spreads and high leverage on forex and US stocks."
Pros
  • 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
  • Hundreds of US stocks, as well as 50+ forex pairs, futures, metals and cash CFDs
  • FCA-regulated with protection via the FSCS and Lloyd's insurance
  • ECN spreads with deep liquidity from tier 1 banks
  • A secure broker with a good reputation
  • High leverage up to 1:200
  • Good educational tools
Cons
  • $5,000 minimum deposit required to access ECN spreads
  • Average education and market research
  • $60 monthly inactivity fee
  • Only available to traders who qualify for a professional account
  • Limited selection of assets beyond stocks and forex
  • Wide spreads on the commission-free account
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
  • Global Forex Broker of the Year 2020 - The Forex Expo Dubai
  • Most Trusted Forex Broker Middle East 2020 - Global Forex Awards Retail
  • Most Trusted Forex Broker 2019 - Go From Egypt
  • Best Forex Broker 2019 - The Forex Expo Dubai
  • Best Mobile Trading Platform 2017 - Jordan Forex Expo
  • Best Institutional Forex Broker 2016 - MENA Forex Expo
  • Best Customer Service Provider 2012 - Arab FX Championship
  • Best Forex Broker 2011 - Middle East Forex and Investment Summit
Instruments
Forex, CFDs, indices, shares, metals, commodities, cryptocurrencies Forex, CFDs, stocks, commodities, futures
Demo Account
Yes Yes
Minimum Deposit
$50 $200
Trading Platforms
  • MultiBank-Plus
  • MT4
  • MT5
  • cTrader
  • MT4
  • TradingCentral
Payment Methods
Minimum Trade
0.1 Lots 0.01 Lots
Regulator
SCA, MAS, CySEC, ASIC, AUSTRAC, BaFin, FMA, FSC, CIMA, TFG, VFSC FCA, SVGFSA
Margin Trading
No No
STP Account
No No
ECN Account
Yes No
DMA Account
No No
MAM Account
No Yes
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 No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
Yes Yes
Auto Trading
Yes (APIs) Expert Advisors (EAs) on MetaTrader
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. Clients of ICM Capital can use the MetaTrader 4 platform to interact with and copy the trades of other investors. Both manual and automated copy trading is available.
Social Trading
Yes Yes
Trade Signals
Yes Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
Yes No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
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. Leveraged contracts for difference can be used to take positions on major financial markets with fast execution speeds. On the negative side, the suite of CFDs is narrow, with commodities and indices only.
Leverage
1:500 1:30 (Retail), 1:200 (Pro)
FTSE Spread
Not offered 2.0
GBPUSD Spread
0.8 1.8
Oil Spread
0.03 2.0
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. A decent portfolio of currencies are available at ICM Capital. Trade majors like the EUR/SUD with spreads from 0.0 pips. You can speculate on forex using MT4 with expert advisors (EAs) supported.
GBPUSD Spread
0.8 1.8
EURUSD Spread
0.3 1.3
EURGBP Spread
0.8 1.3
Assets
45+ 50+
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
Coins
  • BTC
  • LTC
  • ETH
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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