MultiBank FX vs Interactive Brokers

MultiBank FX vs Interactive Brokers Comparison Table 2021
MultiBank FX Interactive Brokers
MultiBank FX is a regulated forex and CFD broker offering sign-up deposit bonuses, tight spreads and MT4 trading. IB Boast a huge market share of global trading. With a minimum deposit of $10,000 however, they remain an option for larger traders only.
United States Flag Traders from US not accepted
United States Flag Traders from US accepted
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 None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies Stocks, Futures, E-minis, Options, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$50 $10000
Payment Methods
Credit Card, Mastercard, Neteller, Perfect Money, Skrill, Swift, Visa, Wire Transfer Apple Pay, Cheque, Credit Card, Google Pay, Mastercard, Samsung Pay
Minimum Trade
0.1 lots $100
Regulator
ASIC, BaFin, FMA, CNMV, DFSA, FSC, CIMA SEC, FCA
Margin Trading
No Yes
Margin Rate
1.55 - 2.59%
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
STP Account
No Yes
ECN Account
Yes No
DMA Account
No Yes
Mobile Apps
Yes iOS, Android and Windows
Auto Trading
Yes (APIs) No
Trade Signals
Yes No
Social Trading
Yes No
Copy Trading
Yes No
Islamic Account
Yes No
Account Currencies
- USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF
CFD
Trade contracts for difference across markets with up to 1:500 leverage.
Leverage
1:500 1:50 Var
FTSE Spread
Not offered 0.005% (£1 Min)
GBPUSD Spread
0.8 Commission (.20 pts x trade value)
Oil Spread
0.03 N/A
Stocks Spread
Variable From 0.003 per share, variable
Forex
MultiBank FX offers investing in leading major, minor and exotic currency pairs.
GBPUSD Spread
0.8 Commission (.20 pts x trade value)
EURUSD Spread
0.3 Commission (.20 pts x trade value)
EURGBP Spread
0.8 Commission (.20 pts x trade value)
Assets
45+ 70+
Cryptocurrency
Trade a selection of the top cryptos against the US Dollar with 50% margin.
Spread
Floating
Coins
BTC, LTC, ETH, XRP BTC, LTC, ETH, XRP