Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
XM
$5.00Tightest Spreads
MultiBank FX
1.5 pips (Standard) pipsHighest Leverage
XM
1:Up to 1:1000Best Rated
MultiBank FX
Mobile Trading
Both
✓✓General Information
XM
Regulation
ASIC (Australia), CySEC (Cyprus), DFSA (Dubai, UAE)
Founded
N/A
Headquarters
Cyprus
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 | XM | MultiBank FX |
|---|---|---|
| Minimum Deposit | $5.00 | $50.00 |
| Average Spreads | From 0.6 pips (Ultra Low/Zero accounts); average 1 pip on Standard | 1.5 pips (Standard) |
| Maximum Leverage | Up to 1:1000 | 1:500 |
| Commission | None | None |
Account Types
XM
MultiBank FX
Platforms & Tools
XM
MetaTrader 4, MetaTrader 5
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
MultiBank FX
MetaTrader 4, MetaTrader 5, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Payments
XM
Deposit Methods
Credit/Debit Cards (Visa/MasterCard), Bank Wire Transfer, Skrill, Neteller, Google Pay, Local Methods (e.g., UnionPay in Asia)
Withdrawal Methods
Same as deposits: Credit/Debit Cards, Bank Wire, Skrill, Neteller (processed same-day for verified accounts)
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
XM
Support Languages
30+ (English, Arabic, Chinese, French, German, Spanish, Japanese, Russian, etc.)
Support Channels
24/5 customer support through live chat, email, and phone, with assistance available in multiple languages.
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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