MultiBank FX vs Zenfinex

MultiBank FX vs Zenfinex Comparison Table 2022
MultiBank FX Zenfinex
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
MultiBank FX is a regulated forex and CFD broker offering sign-up deposit bonuses, tight spreads and MT4 trading. Zenfinex is a UK-headquartered broker offering social trading, low fees and MT4.
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, commodities
Demo Account
Yes Yes
Minimum Deposit
$50 $50
Payment Methods
Credit Card, Mastercard, Neteller, Perfect Money, Skrill, Swift, Visa, Wire Transfer Credit Card, Mastercard, Neteller, Skrill, Swift, Visa, Wire Transfer
Minimum Trade
0.1 lots 0.01 lots
Regulator
ASIC, BaFin, FMA, CNMV, DFSA, FSC, CIMA FCA, SVGFSA
Margin Trading
No No
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
STP Account
No No
ECN Account
Yes No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No -
Robo Advisor
No -
Negative Balance Protection
No -
Market Maker
No -
P2P Trading
No No
Spot Trading
No No
Mobile Apps
Yes Yes
Auto Trading
Yes (APIs) Yes
Trade Signals
Yes Yes
VPS Hosting
No -
Tournaments
No -
Demo Competitions
No -
Ethical Investing
No -
Social Trading
Yes Yes
Copy Trading
Yes Yes
Islamic Account
Yes No
Account Currencies
- -
CFD
Trade contracts for difference across markets with up to 1:500 leverage. Leveraged contracts for difference are available on multiple financial markets.
Leverage
1:500 1:30 UK, 1:400
FTSE Spread
Not offered 2.0
GBPUSD Spread
0.8 0.3
Oil Spread
0.03 0.05
Stocks Spread
Variable N/A
Forex
MultiBank FX offers investing in leading major, minor and exotic currency pairs. Ultra competitive spreads are available on forex pairs at Zenfinex.
GBPUSD Spread
0.8 0.3
EURUSD Spread
0.3 0.1
EURGBP Spread
0.8 0.3
Assets
45+ 50+
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
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
- -
Auto Market Maker
No No
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