SynergyFX vs MultiBank FX

SynergyFX vs MultiBank FX Comparison Table 2022
SynergyFX MultiBank FX
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
SynergyFX is an Australian broker offering ECN accounts & the MetaTrader platforms. MultiBank FX is a regulated forex and CFD broker offering sign-up deposit bonuses, tight spreads and MT4 trading.
Awards
Best Forex Broker 2018 - International Business Summit Malaysia
Australian Best Forex Broker 2015 - Global Financial Market Review
Best Currency Management Fund 2015 - GFMR
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
Spin & Win Draw 20% deposit bonus
Instruments
Forex, CFDs, indices, shares, commodities Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$50 $50
Payment Methods
Credit Card, Doku Wallet, Mastercard, Skrill, UnionPay, Visa, Wire Transfer Credit Card, Mastercard, Neteller, Perfect Money, Skrill, Swift, Visa, Wire Transfer
Minimum Trade
0.01 lots 0.1 lots
Regulator
ASIC, VFSC ASIC, BaFin, FMA, CNMV, DFSA, FSC, CIMA
Margin Trading
No No
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
STP Account
No No
ECN Account
No 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
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 Yes (APIs)
Trade Signals
- Yes
VPS Hosting
- No
Tournaments
- No
Demo Competitions
- No
Ethical Investing
- No
Social Trading
Yes Yes
Copy Trading
No Yes
Islamic Account
Yes Yes
Account Currencies
- -
CFD
Trade across several financial markets with up to 1:400 leverage. Trade contracts for difference across markets with up to 1:500 leverage.
Leverage
1:500 1:500
FTSE Spread
1.4 Not offered
GBPUSD Spread
1.5 0.8
Oil Spread
0.030 0.03
Stocks Spread
Variable Variable
Forex
Trade forex with competitive spreads. MultiBank FX offers investing in leading major, minor and exotic currency pairs.
GBPUSD Spread
1.5 0.8
EURUSD Spread
0.8 0.3
EURGBP Spread
1.3 0.8
Assets
40+ 45+
Cryptocurrency
Crypto trading not offered Trade a selection of the top cryptos against the US Dollar with 50% margin.
Spread
Floating
Coins
BTC, LTC, ETH, XRP
Crypto Lending
No No
Crypto Mining
- No
Crypto Staking
- -
Auto Market Maker
- No
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