Account One01
Raw Pro+
Advertised Spread
0.0 - 0.1
Commission
Not specified
Minimum Deposit
$200
Detailed Trading Account Comparison
Trading Account Comparison: IC Markets Raw Pro+vs MultiBank Group ECN
Explore differences in spreads, commissions, deposits and trading conditions, alongside a detailed review of each account's advantages and limitations.
Account Two02
ECN
Advertised Spread
0.0 - 0.3
Commission
Not specified
Minimum Deposit
$10000
ACCOUNT OVERVIEW
What Makes IC Markets Raw Pro+ Different from MultiBank Group ECN?
Before comparing the numbers, it is important to understand the purpose of each account and the conditions that may make it suitable for different traders.
IC Markets Raw Pro+
The IC Markets Raw Pro+ account is a tight-spread option categorized in Broker Alarab data for high-volume traders. It combines 0.0–0.1 pip spreads with a $1-per-lot commission, a $200 minimum deposit and Market Execution. This pricing structure makes Raw Pro+ particularly relevant to traders comparing it with Raw Pro and Raw Spread as trading volume increases.
MultiBank Group ECN
The MultiBank Group ECN account is the raw-spread option categorized by Broker Alarab for advanced traders. According to our data, spreads range from 0.0–0.3 pips with a recorded average of 0.1 pip, commission is $3 per lot, the minimum deposit is $10,000 and orders use Market Execution. ECN differs substantially from Standard and Pro by combining the tightest listed spread range, the highest deposit requirement and a separate commission.
SIDE-BY-SIDE COMPARISON
Compare Trading Accounts, Spreads, Commissions and Platforms
Review spreads, commissions, minimum deposits, trading platforms, execution methods and broker-level regulatory information.
IC Markets
Raw Pro+
MultiBank Group
ECN
01 — Basic Account Information
Compare the broker, account name, account classification and regulatory information.
Broker
IC Markets
IC Markets
MultiBank Group
MultiBank Group
Account Name
IC Markets
Raw Pro+
MultiBank Group
ECN
Account Type
IC Markets
raw
MultiBank Group
raw
Broker Regulatory Licenses
Broker-level regulatory information. Verify which legal entity serves your country.
IC Markets
ASIC | CySEC | FSA | SCB
MultiBank Group
ASIC | CySEC | BaFin | SCA | FSC
02 — Spreads and Trading Costs
Compare the recorded trading costs without assuming undocumented pricing.
Advertised Spread Range
IC Markets
0.0 - 0.1
MultiBank Group
0.0 - 0.3
Minimum Recorded Spread
Based on the available account information.
IC Markets
0
MultiBank Group
0
Average Recorded Spread
IC Markets
0.05
MultiBank Group
0.1
Advertised Commission
IC Markets
Not specified
MultiBank Group
Not specified
03 — Deposits and Execution
Review account funding requirements and order execution characteristics.
Minimum Deposit
IC Markets
$200
MultiBank Group
$10000
Order Execution Method
IC Markets
Market Execution
MultiBank Group
Market Execution
Trading Platforms
Available platforms may differ by account type.
IC Markets
MT4 | MT5 | cTrader | TradingView
MultiBank Group
MT4 | MT5 | WebTrader | Mobile App
04 — Account Features and Conditions
Review relevant account characteristics and trading suitability.
Scalping Suitability
An internal classification, not a guarantee of suitability.
IC Markets
Not classified in this category
MultiBank Group
Not classified in this category
05 — Broker Information and Regulation
Broker-level information does not guarantee that every license applies to the selected account.
Listed Regulatory Licenses
IC Markets
ASIC | CySEC | FSA | SCB
MultiBank Group
ASIC | CySEC | BaFin | SCA | FSC
Broker Maximum Leverage
Actual leverage may depend on the account, jurisdiction and legal entity.
IC Markets
1:500
MultiBank Group
1:500
Open a Trading Account
IC Markets
Open Account ↗MultiBank Group
Open Account ↗Information is based on records available to Broker Alarab. Trading conditions may vary by account, country and legal entity.
| Comparison Criteria | IC Markets Raw Pro+ | MultiBank Group ECN |
|---|---|---|
01 — Basic Account Information Compare the broker, account name, account classification and regulatory information. | ||
| Broker | IC Markets | MultiBank Group |
| Account Name | Raw Pro+ | ECN |
| Account Type | raw | raw |
| Broker Regulatory Licenses Broker-level regulatory information. Verify which legal entity serves your country. | ASIC | CySEC | FSA | SCB | ASIC | CySEC | BaFin | SCA | FSC |
02 — Spreads and Trading Costs Compare the recorded trading costs without assuming undocumented pricing. | ||
| Advertised Spread Range | 0.0 - 0.1 | 0.0 - 0.3 |
| Minimum Recorded Spread Based on the available account information. | 0 | 0 |
| Average Recorded Spread | 0.05 | 0.1 |
| Advertised Commission | Not specified | Not specified |
03 — Deposits and Execution Review account funding requirements and order execution characteristics. | ||
| Minimum Deposit | $200 | $10000 |
| Order Execution Method | Market Execution | Market Execution |
| Trading Platforms Available platforms may differ by account type. | MT4 | MT5 | cTrader | TradingView | MT4 | MT5 | WebTrader | Mobile App |
04 — Account Features and Conditions Review relevant account characteristics and trading suitability. | ||
| Scalping Suitability An internal classification, not a guarantee of suitability. | Not classified in this category | Not classified in this category |
05 — Broker Information and Regulation Broker-level information does not guarantee that every license applies to the selected account. | ||
| Listed Regulatory Licenses | ASIC | CySEC | FSA | SCB | ASIC | CySEC | BaFin | SCA | FSC |
| Broker Maximum Leverage Actual leverage may depend on the account, jurisdiction and legal entity. | 1:500 | 1:500 |
| Open a Trading Account | Open Account ↗ | Open Account ↗ |
Information is presented as recorded by Broker Alarab. Spread and commission figures should not be treated as directly comparable without verifying the instrument, pricing units and fee structure.
EXPERT ANALYSIS
Broker Alarab's Assessment of Both Accounts
We review each account independently, highlighting strengths, limitations and the types of traders it may suit, without declaring an unsupported winner.
IC Markets
Raw Pro+
MultiBank Group
ECN
Broker Alarab's Assessment
We see IC Markets Raw Pro+ as particularly relevant to high-volume traders because our data combines a 0.0–0.1 pip spread range with a $1-per-lot commission. Its significance is not simply the Raw label but the lower commission compared with Raw Pro and Raw Spread. As total traded lots increase, calculating cumulative cost differences becomes increasingly important.
Broker Alarab's Assessment
We see MultiBank ECN as targeting a clearly different segment from Standard and Pro. Its 0.0–0.3 pip spread range and 0.1-pip recorded average are the tightest among the three accounts, but the minimum deposit rises to $10,000 and a $3 per-lot commission applies. Advanced traders should therefore weigh the tighter spread against the capital requirement and commission impact on their trading volume.
Account Advantages
- ✓Spreads range from 0.0–0.1 pips according to Broker Alarab data
- ✓Commission is $1 per lot according to our data
- ✓Lowest listed commission among the five IC Markets accounts in our table
- ✓Categorized for high-volume traders
- ✓Combines a tight spread range with lower commission than Raw Pro and Raw Spread
Account Advantages
- ✓Tightest listed spread range among the three MultiBank accounts in our data at 0.0–0.3 pips
- ✓Recorded average spread is 0.1 pip
- ✓Categorized for advanced traders
- ✓Provides a raw-spread pricing model clearly differentiated from Standard and Pro
- ✓Recorded commission is $3 per lot according to Broker Alarab data
Disadvantages and Considerations
- !Carries a separate per-lot commission despite being lower than the other Raw accounts
- !A spread starting at 0.0 does not mean zero trading cost
- !The benefit of lower commission becomes more meaningful as trading volume increases and may not matter equally to every user
- !Traders should compare actual costs with Raw Pro and Raw Spread rather than relying on the Pro+ label
Disadvantages and Considerations
- !The $10,000 minimum deposit is the highest among the three accounts
- !A separate $3 per-lot trading commission applies
- !A spread starting from 0.0 does not mean trading cost is zero
- !High-volume traders should calculate the cumulative impact of commission on total cost
Who Is This Account Suitable For?
- •High-volume traders for whom cumulative commission becomes an important cost factor
- •Active traders seeking a very tight listed spread range
- •Traders comparing Raw Pro+ and Raw Pro on a per-lot cost basis
- •Users who prefer tight-spread pricing with a separate commission instead of the Standard model
Who Is This Account Suitable For?
- •Advanced traders according to Broker Alarab account categorization
- •Users prioritizing the tightest spread range among the MultiBank accounts in our data
- •Traders able to meet the $10,000 minimum deposit
- •Users able to evaluate the impact of a $3 per-lot commission on their total trading costs
Detailed Account Analysis
IC Markets Raw Pro+ vs Raw Pro: What Is the Real Difference?
According to Broker Alarab data, both accounts share a 0.0–0.1 pip spread range, a $200 minimum deposit and Market Execution. The clear difference in our table is commission: Raw Pro+ is listed at $1 per lot compared with $1.5 per lot on Raw Pro. That difference may appear modest on a small trade but becomes increasingly meaningful as total traded lots rise. The comparison should therefore focus on volume and cumulative cost rather than spread alone.
Is IC Markets Raw Pro+ Suitable for High-Volume Trading?
Broker Alarab categorizes the account for high-volume traders, making its $1-per-lot commission particularly relevant to this use case. When a trader executes a large number of lots, commission repeats with the volume traded and relatively small per-lot differences can accumulate. Our data also lists a 0.0–0.1 pip spread range. The useful approach is to calculate total costs at expected volume rather than assuming that the lowest commission automatically makes it the best account for every trader.
Raw Pro+ vs Raw Spread: How Do the Costs Differ?
The difference in our data goes beyond the account names. Raw Pro+ uses 0.0–0.1 pip spreads with a $1-per-lot commission, while Raw Spread uses 0.0–0.3 pips with a $7-per-lot commission. Both carry a $200 minimum deposit in our table. Raw Pro+ therefore becomes particularly interesting at higher trading volumes, but the final comparison should still be based on effective trading cost and trading style rather than isolated figures.
Detailed Account Analysis
Does the MultiBank ECN Spread Start From 0.0 Pips?
Yes. The recorded minimum spread for MultiBank ECN is 0.0 pips, while the listed range extends to 0.3 pips and the recorded average is 0.1 pip according to Broker Alarab data. The account also carries a $3 per-lot commission, however, so a spread starting from 0.0 does not mean trading is cost-free.
MultiBank ECN vs Pro: A Major Difference in Deposit and Pricing
ECN has a $10,000 minimum deposit and listed spreads of 0.0–0.3 pips with a $3 per-lot commission. Pro starts from $1,000 and has 0.8–1.0 pip spreads without a separate commission. The comparison therefore extends beyond which account has tighter spreads because there is a substantial difference in both deposit requirement and how trading costs are divided between spread and commission.
How Does the MultiBank ECN Commission Affect Trading Costs?
The recorded commission is $3 per lot, so its impact is directly related to total trading volume. As the number of traded lots increases, cumulative commission also increases. Traders should therefore balance this cost component against the benefit of the listed 0.0–0.3 pip spread range, particularly if they are considering ECN primarily because of its tighter spreads.
Important details about the IC Markets Raw Pro+ account
Raw Pro+ commission is listed at $1 per lot in our data
This page uses current Broker Alarab account data, which lists a $1-per-lot commission. Commission should be combined with the spread effect when calculating effective trading cost.
The 0.0–0.1 pip range is not the complete cost
Even with a tight spread range, the account carries a separate per-lot commission. A spread that can reach 0.0 should therefore not be interpreted as cost-free trading.
Trading volume is central to evaluating Raw Pro+
We categorize the account for high-volume traders. As total traded lots increase, differences between Raw Pro+ commission and the commissions on other Raw accounts become more meaningful.
Important details about the MultiBank ECN account
The minimum deposit is $10,000
This is the ECN requirement recorded by Broker Alarab and is higher than Standard and Pro. It is not a recommendation that this amount represents appropriate trading capital.
Commission is $3 per lot
This commission is a separate component of the ECN pricing model and should be calculated alongside the spread when evaluating trading costs.
0.0 pips does not mean zero cost
The listed spread ranges from 0.0–0.3 pips with a 0.1-pip recorded average, but the separate commission means trading cost is not zero.
DECISION GUIDE
How to Choose the Right Trading Account
Numbers alone are not enough. Account suitability depends on your trading strategy, capital, financial instruments and the conditions applicable to you.
01
Compare Spreads and Commissions Together
The recorded spread for IC Markets Raw Pro+ is 0.0 - 0.1, while MultiBank Group ECN shows 0.0 - 0.3. Evaluating overall trading costs also requires checking commission rates, pricing units, instruments and position sizes.
02
Review Minimum Deposit Requirements
The recorded minimum deposit for IC Markets Raw Pro+ is $200, compared with $10000 for MultiBank Group ECN. A lower deposit requirement may provide more flexibility, but it does not automatically make an account better.
03
Compare Trading Platforms and Execution
Check which trading platforms each broker actually offers for the selected account, including MetaTrader 4 or MetaTrader 5 where supported. Also review execution policies and potential slippage. Availability and conditions may vary by account and country.
04
Verify Regulation and Eligibility
Confirm the legal entity that will serve your account, the regulatory framework applicable to that entity, and whether the selected account is available in your country.
FREQUENTLY ASKED QUESTIONS
FAQs About IC Markets Raw Pro+ vs MultiBank Group ECN
Answers to common questions about account comparisons, trading costs and account conditions.
What is the difference between IC Markets Raw Pro+ and MultiBank Group ECN?+
The recorded spread for IC Markets Raw Pro+ is 0.0 - 0.1, compared with 0.0 - 0.3 for MultiBank Group ECN. The advertised commissions are Not specified and Not specified, respectively. You should also consider execution conditions, deposit requirements and account availability.
Is the account with the lowest spread always better?+
Not necessarily. Trading costs should be evaluated using both spreads and commissions, while considering the financial instrument, position size and execution conditions.
Can I compare two accounts from the same broker?+
Yes. Broker Alarab allows traders to compare accounts from the same broker or from different brokers.
How can I verify the trading conditions?+
Review the broker's official account specifications, applicable legal entity and trading conditions. Spreads, commissions and leverage may vary by instrument, account and jurisdiction.
What is the IC Markets Raw Pro+ account?+
The IC Markets Raw Pro+ account is a tight-spread account categorized in Broker Alarab data for high-volume traders. According to our table, spreads range from 0.0–0.1 pips, commission is $1 per lot, the minimum deposit is $200 and orders use Market Execution. It differs from Raw Pro primarily through the commission listed in our dataset.
What is the IC Markets Raw Pro+ spread and commission?+
According to Broker Alarab data, IC Markets Raw Pro+ spreads range from 0.0–0.1 pips and commission is $1 per lot. A spread starting at 0.0 does not mean trading cost is zero because commission remains part of the transaction. At higher volumes, calculating total spread and commission costs becomes increasingly important.
What is the IC Markets Raw Pro+ minimum deposit?+
The minimum deposit currently listed in the Broker Alarab database for IC Markets Raw Pro+ is $200. This matches the minimum currently stored for the other four IC Markets accounts in our table. The figure represents the account requirement in our dataset rather than a recommendation for suitable trading capital.
What is the difference between IC Markets Raw Pro+ and Raw Pro?+
According to our data, both accounts use 0.0–0.1 pip spreads, a $200 minimum deposit and Market Execution. Raw Pro+ carries a $1-per-lot commission, while Raw Pro carries a $1.5-per-lot commission. The commission difference therefore becomes increasingly meaningful as the total number of lots traded rises.
What is the MultiBank ECN account?+
MultiBank ECN is the raw-spread account categorized by Broker Alarab for advanced traders. According to our data, spreads range from 0.0–0.3 pips with a 0.1-pip recorded average, commission is $3 per lot, the minimum deposit is $10,000 and orders use Market Execution.
What are the MultiBank ECN spread and commission?+
The recorded ECN spread ranges from 0.0–0.3 pips with a 0.1-pip average, while commission is $3 per lot. Spread and commission should therefore be evaluated together, and a 0.0-pip minimum does not mean trading cost is zero.
Explore Both Trading Accounts in Detail
Review the full account information, compare trading conditions and verify the broker's requirements before opening an account.