
Trading Account Comparison: IC Markets Raw Spreadvs MultiBank Group Standard
Explore differences in spreads, commissions, deposits and trading conditions, alongside a detailed review of each account's advantages and limitations.


Standard
What Makes IC Markets Raw Spread Different from MultiBank Group Standard?
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 Spread
The IC Markets Raw Spread account is categorized by Broker Alarab for scalpers and uses tight-spread pricing with a separate commission. Spreads range from 0.0–0.3 pips, commission is $7 per lot, the minimum deposit is $200 and orders use Market Execution. Its key use case is therefore evaluating frequent-trading costs and comparing them directly with Standard and the other Raw options.
MultiBank Group Standard
The MultiBank Group Standard account is the standard option categorized by Broker Alarab for beginners and general traders. According to our data, spreads range from 1.0–1.5 pips with a recorded average of 1.2 pips, there is no separate trading commission, the minimum deposit is $50 and orders use Market Execution. Standard differs from Pro and ECN through its lower deposit requirement and spread-based pricing without a separate commission.
Compare Trading Accounts, Spreads, Commissions and Platforms
Review spreads, commissions, minimum deposits, trading platforms, execution methods and broker-level regulatory information.
01 — Basic Account Information
Compare the broker, account name, account classification and regulatory information.
Broker
Account Name
Account Type
Broker Regulatory Licenses
Broker-level regulatory information. Verify which legal entity serves your country.
02 — Spreads and Trading Costs
Compare the recorded trading costs without assuming undocumented pricing.
Advertised Spread Range
Minimum Recorded Spread
Based on the available account information.
Average Recorded Spread
Advertised Commission
03 — Deposits and Execution
Review account funding requirements and order execution characteristics.
Minimum Deposit
Order Execution Method
Trading Platforms
Available platforms may differ by account type.
04 — Account Features and Conditions
Review relevant account characteristics and trading suitability.
Scalping Suitability
An internal classification, not a guarantee of suitability.
05 — Broker Information and Regulation
Broker-level information does not guarantee that every license applies to the selected account.
Listed Regulatory Licenses
Broker Maximum Leverage
Actual leverage may depend on the account, jurisdiction and legal entity.
Open a Trading 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 Spread | MultiBank Group Standard |
|---|---|---|
01 — Basic Account Information Compare the broker, account name, account classification and regulatory information. | ||
| Broker | IC Markets | MultiBank Group |
| Account Name | Raw Spread | Standard |
| Account Type | raw | standard |
| 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 - 0.3 | 1.0 - 1.5 |
| Minimum Recorded Spread Based on the available account information. | 0 | 1 |
| Average Recorded Spread | 0.1 | 1.2 |
| Advertised Commission | Not specified | $0 |
03 — Deposits and Execution Review account funding requirements and order execution characteristics. | ||
| Minimum Deposit | $200 | $50 |
| 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 ↗ |
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 Spread

MultiBank Group
Standard
Broker Alarab's Assessment
We see IC Markets Raw Spread as an account to evaluate for scalping and spread-sensitive trading rather than automatically assuming it is cheaper than Standard. Its 0.0–0.3 pip range is tight, but the $7-per-lot commission matters, particularly with frequent trading. The most useful approach is to calculate spread and commission together and compare the result directly with Standard pricing.
Broker Alarab's Assessment
We see MultiBank Standard as the most accessible of the three recorded account options because of its $50 minimum deposit and $0 separate commission. Its 1.0–1.5 pip spread range is wider than Pro and ECN, however, so traders prioritizing tighter spreads should weigh that difference against the substantially higher deposit requirements of the other accounts.
Account Advantages
- ✓Spreads range from 0.0–0.3 pips according to Broker Alarab data
- ✓Categorized for scalping in our account data
- ✓Clear pricing model combining tight spreads with a defined commission
- ✓Minimum deposit is $200
- ✓Provides a tight-spread alternative to the Standard account
Account Advantages
- ✓The $50 minimum deposit is the lowest among the three MultiBank accounts in our data
- ✓No separate trading commission according to Broker Alarab data
- ✓Categorized for beginners and general traders
- ✓Listed spreads range from 1.0–1.5 pips with a 1.2-pip recorded average
- ✓Relatively straightforward spread-based pricing without a separate commission
Disadvantages and Considerations
- !Commission is $7 per lot according to our data
- !A spread starting at 0.0 does not mean cost-free trading
- !Frequent trading makes cumulative commission an important factor to calculate
- !Other Raw accounts in our table have different commissions and should be compared
Disadvantages and Considerations
- !The listed spread range is wider than Pro and ECN in our data
- !No separate commission does not mean trading cost is zero
- !The 1.0-pip minimum is not a fixed spread for every transaction
- !Traders prioritizing tighter spreads should compare Standard with Pro and ECN
Who Is This Account Suitable For?
- •Scalpers who place particular importance on tight spreads
- •Traders making a larger number of entries and exits
- •Users who prefer Raw pricing and include commission in each trade-cost calculation
- •Traders who want to compare Raw Spread directly with Standard
Who Is This Account Suitable For?
- •Beginners according to Broker Alarab account categorization
- •General traders who prefer an account without a separate commission
- •Users seeking the lowest minimum deposit among the MultiBank accounts in our data
- •Traders who prefer straightforward spread-based pricing
Detailed Account Analysis
Is the IC Markets Raw Spread Account Good for Scalping?
Broker Alarab categorizes Raw Spread for scalping, and spreads range from 0.0–0.3 pips in our data. This can be relevant to a strategy involving frequent entries and exits and potentially smaller targeted price movements. The account also carries a $7-per-lot commission, however, so costs can accumulate as transaction count and volume rise. Scalpers should therefore calculate total cost at their expected trading volume rather than choosing the account solely because of its tight spread range.
IC Markets Raw Spread vs Standard: Which Is Better?
According to Broker Alarab data, Standard uses 0.8–1.0 pip spreads with no separate commission, while Raw Spread uses 0.0–0.3 pips with a $7-per-lot commission. Both carry a $200 minimum deposit and Market Execution. Standard provides a simpler pricing structure, while Raw Spread reduces the spread in exchange for commission. The more suitable account therefore changes with lot size, trading frequency and how sensitive the strategy is to spread.
How Should You Calculate IC Markets Raw Spread Costs?
A common mistake is to look at a spread starting from 0.0 pips and treat that figure as the complete measure of cost. In our data, the $7-per-lot commission must be considered alongside the actual spread at execution. Traders operating at greater volume or frequency should monitor cumulative costs and compare them with what they might pay through the Standard spread or the commissions on other Raw accounts. This makes the comparison relevant to real account usage.
Detailed Account Analysis
MultiBank Standard vs Pro: Is the Higher Deposit Worth It?
Standard starts from $50 and has listed spreads of 1.0–1.5 pips with a 1.2-pip recorded average and a $0 separate commission. Pro also has a $0 commission but reduces the spread range to 0.8–1.0 pips with a 0.9-pip recorded average while raising the minimum deposit to $1,000. The comparison therefore centers on whether the tighter Pro spread justifies its higher deposit requirement for the individual trader.
Is the MultiBank Standard Account Commission-Free?
The separate commission recorded for Standard by Broker Alarab is $0. This does not mean trading cost is zero because the account has listed spreads of 1.0–1.5 pips with a 1.2-pip recorded average. Commission-free should therefore be understood as no separate trading commission while the spread remains a key cost component.
Why Is MultiBank Standard Different From ECN?
The difference extends beyond spreads. Standard starts from a $50 deposit and has 1.0–1.5 pip spreads without a separate commission, while ECN requires $10,000 and has 0.0–0.3 pip spreads with a $3 per-lot commission. The accounts therefore serve substantially different requirements in terms of entry capital and trading cost structure.
Important details about the IC Markets Raw Spread account
Raw Spread commission is $7 per lot in our data
Broker Alarab data lists a $7-per-lot commission. The account should therefore be evaluated using total trading cost rather than its tight spread alone.
Scalping makes repeated transaction costs important
Because we categorize the account for scalping, traders should consider how spread and commission can accumulate as the number of transactions and total lots increase.
Raw Spread and Standard have the same minimum deposit in our data
Both accounts carry a $200 minimum, so comparison should focus on pricing structure and trading style rather than the entry requirement.
Important details about the MultiBank Standard account
The minimum deposit is $50
This is the Standard account requirement recorded by Broker Alarab and is lower than Pro and ECN, but it is not a recommendation for appropriate trading capital.
The separate commission is $0
There is no separate trading commission according to our data, but the listed 1.0–1.5 pip spread remains a direct component of trading cost.
1.0 pip is the start of the spread range
The recorded range extends to 1.5 pips with a 1.2-pip average, so the minimum should not be treated as a fixed spread.
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.
Compare Spreads and Commissions Together
The recorded spread for IC Markets Raw Spread is 0.0 - 0.3, while MultiBank Group Standard shows 1.0 - 1.5. Evaluating overall trading costs also requires checking commission rates, pricing units, instruments and position sizes.
Review Minimum Deposit Requirements
The recorded minimum deposit for IC Markets Raw Spread is $200, compared with $50 for MultiBank Group Standard. A lower deposit requirement may provide more flexibility, but it does not automatically make an account better.
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.
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.
FAQs About IC Markets Raw Spread vs MultiBank Group Standard
Answers to common questions about account comparisons, trading costs and account conditions.
What is the difference between IC Markets Raw Spread and MultiBank Group Standard?+
Is the account with the lowest spread always better?+
Can I compare two accounts from the same broker?+
How can I verify the trading conditions?+
What is the IC Markets Raw Spread account?+
What is the IC Markets Raw Spread spread and commission?+
What is the IC Markets Raw Spread minimum deposit?+
What is the difference between IC Markets Raw Spread and Standard?+
What is the MultiBank Standard account?+
What are the MultiBank Standard spread and commission?+
Explore Both Trading Accounts in Detail
Review the full account information, compare trading conditions and verify the broker's requirements before opening an account.
