FXTM
Multibank Group
FXTM vs Multibank Group
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
FXTM and Multibank Group are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. FXTM, founded in 2011 and headquartered in Limassol, Cyprus, is regulated by CySEC, FCA, FSA and offers spreads starting from 0.0 pips with a minimum deposit of $10. 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, FXTM scored 8/10 overall compared to Multibank Group's 8/10, making it the stronger pick for most traders. That said, Multibank Group holds its own with lower trading costs and better customer support, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
FXTM scores 8/10 overall vs 8/10 for Multibank Group — a 0.0-point difference.
- 💵
FXTM requires just $10 to start, while Multibank Group needs $50 — FXTM is 5x more accessible.
- 📈
Multibank Group offers 1,000+ instruments vs 600+ at FXTM — a notable difference in market coverage.
- 🖥️
FXTM runs on MT4, MT5, FXTM Trader App, while Multibank Group uses MT4, MT5, Multibank Pro — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Education: FXTM scores 8.5 vs 7.0 for Multibank Group — a 1.5-point difference.
Our Verdict
FXTM
Score: 8.0/10 · Wins 2 categories- You're a beginner who values learning resources
- Top-tier regulation and fund safety are your priority
- You prefer a low minimum deposit ($10)
Multibank Group
Score: 8.0/10 · Wins 4 categories- You want lower spreads and trading fees
- Responsive customer support matters to you
- You want access to a wider range of instruments
- You rely on in-depth research and analysis tools
FXTM takes the lead with an overall score of 8/10 compared to 8/10, winning in 2 out of 8 scoring categories. FXTM stands out for stronger regulation and superior education resources, while Multibank Group fights back with lower trading costs and better customer support.
Detailed Verdict
After testing both brokers with real accounts, FXTM comes out ahead with a 8/10 overall rating, winning 2 out of 8 categories. Its strongest area is Regulation & Trust where it scores 9.0/10. FXTM holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. Multibank Group is not without merit — it scores 8/10 overall and excels in Trading Costs (8.5/10), winning 4 categories. Traders who value lower trading costs or better customer support may find Multibank Group the better fit. For a complete breakdown, read our full FXTM review and Multibank Group review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
Multibank Group wins by 0.5 points
FXTM wins by 0.5 points
FXTM wins by 1.5 points
Multibank Group wins by 0.5 points
Multibank Group wins by 0.5 points
Multibank Group wins by 1.0 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 8.0/10 ✓ | 8.0/10 ✓ |
| Min Deposit Lower is better | $10 ✓ | $50 |
| Max Leverage | 1:2000 | 1:500 |
| Spreads From | 0.0 pips | 0.0 pips |
| Platforms | MT4, MT5, FXTM Trader App | MT4, MT5, Multibank Pro |
| Regulation | CySEC, FCA, FSA | ASIC, BaFin, DFSA, CIMA |
| Founded Older track record highlighted | 2011 | 2005 ✓ |
| Markets | 600+ | 1,000+ ✓ |
Fees & Costs
When it comes to trading costs, Multibank Group has the edge with a score of 8.5/10 versus 8/10 for FXTM. FXTM offers spreads starting from 0.0 pips, while Multibank Group starts from 0.0 pips. The minimum deposit at FXTM is $10, 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
FXTM scores 7.5/10 for platforms compared to 7.5/10 for Multibank Group. FXTM provides MT4, MT5, FXTM 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. FXTM is regulated by CySEC, FCA, FSA (Tier 1), while Multibank Group holds licenses from ASIC, BaFin, DFSA, CIMA (Tier 1). FXTM scores 9/10 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, FXTM leads with 8.5/10 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. FXTM 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
FXTM offers 24/5 Live Chat, Email, Phone and scores 7.5/10, 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
FXTM scores 8/10 for deposits and withdrawals, while Multibank Group scores 8/10. FXTM accepts Bank Transfer, Credit Card, Skrill, Neteller, and Multibank Group supports Bank Transfer, Credit Card, Skrill, Neteller, Crypto. Processing times, fees, and available currencies vary. FXTM requires a minimum deposit of $10 versus $50 for Multibank Group. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose FXTM if you...
- You're a beginner who values learning resources
- Top-tier regulation and fund safety are your priority
- You prefer a low minimum deposit ($10)
Choose Multibank Group if you...
- You want lower spreads and trading fees
- Responsive customer support matters to you
- You want access to a wider range of instruments
- You rely on in-depth research and analysis tools
🗳️ Which Broker Do You Prefer?
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Frequently Asked Questions
Is FXTM better than Multibank Group?
FXTM scores higher overall (8/10 vs 8/10), winning 2 of 8 categories. However, Multibank Group is stronger in lower trading costs and better customer support. The best choice depends on what matters most to your trading style.
Which has lower fees, FXTM or Multibank Group?
Multibank Group scores higher for trading costs. FXTM offers spreads from 0.0 pips with a $10 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 FXTM safe to trade with?
FXTM is regulated by CySEC, FCA, FSA and scores 9/10 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, FXTM or Multibank Group?
FXTM scores 7.5/10 for platforms. FXTM offers MT4, MT5, FXTM 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 FXTM vs Multibank Group?
FXTM requires a minimum deposit of $10, while Multibank Group requires $50. FXTM 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.