Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
MultiBank FX
$50.00Tightest Spreads
MultiBank FX
1.5 pips (Standard) pipsHighest Leverage
Fortrade
1:up to 1:200Best Rated
MultiBank FX
Mobile Trading
Both
✓✓General Information
Fortrade
Regulation
FCA (UK), ASIC (Australia), CySEC (Cyprus), IIROC (Canada), FSC (Mauritius)
Founded
N/A
Headquarters
United Kingdom
Overall Rating
MultiBank FX
Regulation
CySEC (Cyprus), FCA (UK), ASIC (Australia), FSCA (South Africa), FSA (Seychelles), BaFin (Germany), MAS (Singapore), FSC (Mauritius), CIMA (Cayman Islands)
Founded
N/A
Headquarters
Global (HQ relocated to Dubai; offices in Cyprus, Australia, UAE, etc.)
Overall Rating
Trading Conditions
| Feature | Fortrade | MultiBank FX |
|---|---|---|
| Minimum Deposit | $100.00 | $50.00 |
| Average Spreads | Average spread for EUR/USD is around 2 pips | 1.5 pips (Standard) |
| Maximum Leverage | up to 1:200 | 1:500 |
| Commission | None | None |
Account Types
Fortrade
MultiBank FX
Platforms & Tools
Fortrade
MetaTrader 4, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Not Available
Social Trading
Available
MultiBank FX
MetaTrader 4, MetaTrader 5, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Payments
Fortrade
Deposit Methods
Funds can be added using credit or debit cards (Visa, MasterCard), bank wire transfers, or e-wallets such as Skrill and Neteller. Deposits are usually processed instantly for cards and e-wallets, with the only minimum being the $100 required to open an account.
Withdrawal Methods
Withdrawals follow the same options, but cards are limited to the original deposit amount. Excess funds go via wire transfer or e-wallets. Processing takes 1-5 business days, and there are no fees from the broker.
Withdrawal Fee
None
MultiBank FX
Deposit Methods
💳 Visa, 💳 Mastercard, 🏦 Bank Wire, 💼 Neteller, 📩 Skrill, 💰 Perfect Money, ⚡ ThunderX Pay, 🌐 GlobePay, and 🏠 local options
Withdrawal Methods
Same as deposits; no fees; processing within 1–5 business days
Withdrawal Fee
None
Support
Fortrade
Support Languages
The platform and support are available in over 15 languages, including English, German, Spanish, French, Italian, Arabic, Dutch, Polish, Portuguese, Russian, Croatian, Bosnian, Hungarian, and Macedonian.
Support Channels
Customer Support: Fortrade provides support 24 hours a day, 5 days a week through live chat (instant), email, and phone with multiple international lines.
Account Manager
Not Available
MultiBank FX
Support Languages
English, Spanish, Chinese, Arabic, Russian, German, French, Portuguese, and more
Support Channels
Webinars, video tutorials, e-books, and signal contests. Trading Central integration provides market analysis and signals. Economic calendars and daily market reports offer timely insights. Advanced charting features include custom indicators and templates.
Account Manager
Available
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