FBS
Multibank Group
FBS vs Multibank Group
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
FBS and Multibank Group are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. FBS, founded in 2009 and headquartered in Belize City, Belize, is regulated by IFSC, CySEC and offers spreads starting from 0.7 pips with a minimum deposit of $5. Multibank Group, established in 2005 in Dubai, UAE, holds licenses from ASIC, BaFin, DFSA, CIMA with spreads from 0.0 pips and a $50 minimum deposit. In our hands-on testing across 8 scoring categories, Multibank Group scored 8/10 overall compared to FBS's 7.2/10, making it the stronger pick for most traders. That said, FBS holds its own with superior education resources, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
Multibank Group scores 8/10 overall vs 7.2/10 for FBS — a 0.8-point difference.
- 💵
FBS requires just $5 to start, while Multibank Group needs $50 — FBS is 10x more accessible.
- 📈
Multibank Group offers 1,000+ instruments vs 250+ at FBS — a massive gap in market coverage.
- 🖥️
FBS runs on MT4, MT5, FBS Trader App, while Multibank Group uses MT4, MT5, Multibank Pro — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Regulation & Trust: Multibank Group scores 8.5 vs 6.5 for FBS — a 2.0-point difference.
Our Verdict
FBS
Score: 7.2/10 · Wins 1 categories- You're a beginner who values learning resources
- You prefer a low minimum deposit ($5)
- You prefer FBS's trading environment overall
Multibank Group
Score: 8.0/10 · Wins 6 categories- You want lower spreads and trading fees
- You need advanced trading platforms and tools
- Top-tier regulation and fund safety are your priority
- Responsive customer support matters to you
Multibank Group takes the lead with an overall score of 8/10 compared to 7.2/10, winning in 6 out of 8 scoring categories. Multibank Group stands out for lower trading costs and better trading platforms, while FBS fights back with superior education resources.
Detailed Verdict
After testing both brokers with real accounts, Multibank Group comes out ahead with a 8/10 overall rating, winning 6 out of 8 categories. Its strongest area is Trading Costs where it scores 8.5/10. Multibank Group holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. FBS is not without merit — it scores 7.2/10 overall and excels in Deposit & Withdrawal (8.0/10), winning 1 category. Traders who value superior education resources may find FBS the better fit. For a complete breakdown, read our full Multibank Group review and FBS review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
Multibank Group wins by 1.5 points
Multibank Group wins by 0.5 points
Multibank Group wins by 2.0 points
FBS wins by 0.5 points
Multibank Group wins by 1.0 points
Multibank Group wins by 1.0 points
Multibank Group wins by 1.5 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 7.2/10 | 8.0/10 ✓ |
| Min Deposit Lower is better | $5 ✓ | $50 |
| Max Leverage | 1:3000 | 1:500 |
| Spreads From | 0.7 pips | 0.0 pips |
| Platforms | MT4, MT5, FBS Trader App | MT4, MT5, Multibank Pro |
| Regulation | IFSC, CySEC | ASIC, BaFin, DFSA, CIMA |
| Founded Older track record highlighted | 2009 | 2005 ✓ |
| Markets | 250+ | 1,000+ ✓ |
Fees & Costs
When it comes to trading costs, Multibank Group has the edge with a score of 8.5/10 versus 7/10 for FBS. FBS offers spreads starting from 0.7 pips, while Multibank Group starts from 0.0 pips. The minimum deposit at FBS is $5, compared to $50 at Multibank Group. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.
Trading Platforms
Multibank Group scores 7.5/10 for platforms compared to 7/10 for FBS. FBS provides MT4, MT5, FBS Trader App, while Multibank Group offers MT4, MT5, Multibank Pro. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.
Regulation & Safety
Regulation is crucial for fund safety. FBS is regulated by IFSC, CySEC (Tier 1), while Multibank Group holds licenses from ASIC, BaFin, DFSA, CIMA (Tier 1). FBS scores 6.5/10 and Multibank Group scores 8.5/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.
Education & Research
For learning resources, FBS leads with 7.5/10 compared to 7/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. FBS and Multibank Group both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.
Customer Support
FBS offers 24/7 Live Chat, Email, Phone and scores 7/10, while Multibank Group provides 24/7 Live Chat, Email, Phone with a score of 8/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.
Deposit & Withdrawal
FBS scores 8/10 for deposits and withdrawals, while Multibank Group scores 8/10. FBS accepts Bank Transfer, Credit Card, Skrill, Neteller, Sticpay, and Multibank Group supports Bank Transfer, Credit Card, Skrill, Neteller, Crypto. Processing times, fees, and available currencies vary. FBS requires a minimum deposit of $5 versus $50 for Multibank Group. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose FBS if you...
- You're a beginner who values learning resources
- You prefer a low minimum deposit ($5)
- You prefer FBS's trading environment overall
Choose Multibank Group if you...
- You want lower spreads and trading fees
- You need advanced trading platforms and tools
- Top-tier regulation and fund safety are your priority
- Responsive customer support matters to you
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Frequently Asked Questions
Is FBS better than Multibank Group?
Multibank Group scores higher overall (8/10 vs 7.2/10), winning 6 of 8 categories. However, FBS is stronger in superior education resources. The best choice depends on what matters most to your trading style.
Which has lower fees, FBS or Multibank Group?
Multibank Group scores higher for trading costs. FBS offers spreads from 0.7 pips with a $5 minimum deposit, while Multibank Group starts from 0.0 pips with $50 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is FBS safe to trade with?
FBS is regulated by IFSC, CySEC and scores 6.5/10 for regulation. Multibank Group is regulated by ASIC, BaFin, DFSA, CIMA with a score of 8.5/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, FBS or Multibank Group?
Multibank Group scores 7.5/10 for platforms. FBS offers MT4, MT5, FBS Trader App, while Multibank Group provides MT4, MT5, Multibank Pro. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for FBS vs Multibank Group?
FBS requires a minimum deposit of $5, while Multibank Group requires $50. FBS has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.
Ready to Start Trading?
Open a free account with either broker and start trading today.