FxPro vs MultiBank FX
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| FxPro | MultiBank FX |
|---|---|
4.4
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4.7
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 Traders from US not accepted
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Traders from US not accepted
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Established in 2006, FxPro has emerged as a trusted non-dealing desk (NDD) broker offering trading on over 2,100 markets to more than 2 million clients worldwide. It has scooped over 100 industry awards and counting for its competitive conditions for active traders. |
MultiBank FX is an established broker offering forex and CFD products since 2005. With 20,000+ instruments, plenty of local payment methods and 24/7 multilingual customer support, the broker is a popular choice among traders globally. New clients can also access a variety of bonus offers and access the hugely popular MT4 and MT5 trading platforms. |
| Bonus Offer | |
| 20% deposit bonus | |
| Comment by Reviewer | |
| "FxPro is a stellar option for day traders, sporting exceptionally fast execution speeds under 12ms, competitive fees that were lowered in 2022, and terrific charting platforms in MT4, MT5, cTrader and FxPro Edge." | "MultiBank FX is a great option for active forex traders with 55 currency pairs, spreads from 0.0 pips and high leverage up to 1:500." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| CFDs, Forex, Stocks, Indices, Commodities, Futures | Forex, CFDs, indices, shares, metals, commodities, cryptocurrencies |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $100 | $50 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.1 Lots |
| Regulator | |
| FCA, CySEC, FSCA, SCB, FSA | SCA, MAS, CySEC, ASIC, AUSTRAC, BaFin, FMA, FSC, CIMA, TFG, VFSC |
| Margin Trading | |
| Yes | No |
| Margin Rate | |
| 0.5% | |
| STP Account | |
| Yes | No |
| ECN Account | |
| No | Yes |
| DMA Account | |
| Yes | No |
| MAM Account | |
| Yes | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| Yes | No |
| Market Maker | |
| No | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| iOS & Android | Yes |
| App Review | |
The FxPro app for iOS and Android, which benefited from design improvements in 2024, demonstrates how mobile trading should be done with its sleek, user-friendly interface and powerful features. From trading CFDs and managing accounts to seamless in-app deposits, withdrawals, an integrated economic calendar, and push notifications, the app ensures you have the trading tools you need right from your palm. |
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| Android App Rating | |
4.3 |
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| iOS App Rating | |
4.7 |
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| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader, cBots on cTrader | Yes (APIs) |
| Copy Trading | |
| No | Yes |
| Copy Trading Platform | |
| Clients can start copy trading in three simple steps at MultiBank FX, gaining access to profitable online traders from around the world. Build a diverse portfolio while learning from experienced investors and saving time on market research. | |
| Social Trading | |
| No | Yes |
| Trade Signals | |
| Yes | |
| VPS Hosting | |
| Yes | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| Yes | Yes |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $15 | |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| FxPro offers thousands of CFDs on forex, commodities, indices, shares and futures, expanded over the years. The broker's analysis and charting capabilities continue to stand as some of the best in the industry, with Trading Central integration, advanced order types and access to custom indicators. | Access thousands of CFDs with competitive pricing and leverage up to 1:500. A range of asset classes are available, including currencies, shares, indices, metals and commodities. CFDs can be traded on the market-leading MetaTrader platforms. |
| Leverage | |
| 1:30 (Retail), 1:500 (Pro), 1:1000 (Via Prime Ash Capital Limited) | 1:500 |
| FTSE Spread | |
| 171.63 | Not offered |
| GBPUSD Spread | |
| 0.6 | 0.8 |
| Oil Spread | |
| 39 | 0.03 |
| Stocks Spread | |
| Variable | Variable |
| Forex Trading | |
| FxPro offers 70+ currency pairs but no minors and stands out with its ultra-fast execution speeds and tight spreads averaging 0.45 pips on EUR/USD. Forex traders can also build test and deploy short-term trading strategies on the industry-leading MT4 software, with expert advisors (EAs) for algo trading. | MultiBank FX offers trading on 50+ major, minor and exotic currency pairs. Spreads are tighter than many competitors and the broker offers higher leverage than most alternatives. Automated trading strategies are also permitted. |
| Forex App | |
The FxPro app for iOS and Android, which benefited from design improvements in 2024, demonstrates how mobile trading should be done with its sleek, user-friendly interface and powerful features. From trading CFDs and managing accounts to seamless in-app deposits, withdrawals, an integrated economic calendar, and push notifications, the app ensures you have the trading tools you need right from your palm. |
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| GBPUSD Spread | |
| 0.6 | 0.8 |
| EURUSD Spread | |
| 0.45 | 0.3 |
| EURGBP Spread | |
| 0.73 | 0.8 |
| Assets | |
| 70+ | 45+ |
| Currency Indices | |
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| Cryptocurrency | |
| FxPro traders (outside the UK) can trade CFDs on over 25 popular cryptos, including Bitcoin and Ethereum as well as smaller tokens like Tron. In 2021, the broker introduced 24/7 trading on crypto, however where it stands out is its ultra-fast execution that lends it to active traders. | Trade a selection of the top cryptos against the US Dollar, including Bitcoin, Polkadot and Stellar with 50% leverage. Traders also benefit from fast execution speeds of <20ms. |
| Spread | |
| Variable | Floating |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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