MultiBank FX vs Saxo Bank

MultiBank FX vs Saxo Bank Comparison Table 2021
MultiBank FX Saxo Bank
MultiBank FX is a regulated forex and CFD broker offering sign-up deposit bonuses, tight spreads and MT4 trading. A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms
United States Flag Traders from US not accepted
United States Flag Traders from US not 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 Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs
Demo Account
Yes Yes
Minimum Deposit
$50 $10000
Payment Methods
Credit Card, Mastercard, Neteller, Perfect Money, Skrill, Swift, Visa, Wire Transfer Credit Card, Mastercard, Visa, Wire Transfer
Minimum Trade
0.1 lots Vary by asset
Regulator
ASIC, BaFin, FMA, CNMV, DFSA, FSC, CIMA Danish FSA, FCA and Others
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
STP Account
No No
ECN Account
Yes Yes
DMA Account
No No
Mobile Apps
Yes SaxoTraderGo (iOS, Android, Windows)
Auto Trading
Yes (APIs) No
Trade Signals
Yes Yes
Social Trading
Yes No
Copy Trading
Yes No
Islamic Account
Yes Yes
Account Currencies
- USD, EUR, GBP, CAD, AUD, JPY, CHF
CFD
Trade contracts for difference across markets with up to 1:500 leverage.
Leverage
1:500 1:30
FTSE Spread
Not offered 1.2 pts (Variable)
GBPUSD Spread
0.8 0.7 (var)
Oil Spread
0.03 0.03
Stocks Spread
Variable 0.10% (subject to min commission)
Forex
MultiBank FX offers investing in leading major, minor and exotic currency pairs.
GBPUSD Spread
0.8 0.7 (varies by region)
EURUSD Spread
0.3 0.2 (varies by region)
EURGBP Spread
0.8 0.6 (varies by region)
Assets
45+ 40+
Cryptocurrency
Trade a selection of the top cryptos against the US Dollar with 50% margin. Crypto trading not offered
Spread
Floating
Coins
BTC, LTC, ETH, XRP
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