Broker Alarab
Broker Comparison

Tickmill vs MultiBank Group: Which Is Better?

A quick comparison between Tickmill and MultiBank Group across rating, deposit, Islamic account, platforms, and spreads.

Quick Recommendation
Tickmill

Best overall based on rating, usability, fees, and account access.

Overall
Tickmill
Beginners
MultiBank Group
Spreads
Tickmill
Best Overall

Tickmill

Scalpers

4.5out of 5
Tickmill
Minimum Deposit
$100
Islamic Account
Available
Trading Platforms
MT4 | MT5 | TradingView

MultiBank Group

ECN trading

4.4out of 5
MultiBank Group
Minimum Deposit
$50
Islamic Account
Available
Trading Platforms
MT4 | MT5 | WebTrader | Mobile App
Final Verdict

Which broker is better: Tickmill or MultiBank Group?

A quick summary to help you choose the better broker based on your goal.

Overall Winner
Tickmill

Best balance between rating, fees, trust, and usability.

Beginners
MultiBank Group
Spreads
Tickmill
Deposit
MultiBank Group
Quick Summary

If you want the stronger overall choice, Tickmill looks more suitable here. For beginners, the closer choice is MultiBank Group. For lower spreads and active trading, Tickmill looks more relevant.

Account opening is completed through the broker’s official website.

Score Analysis

Strength Analysis Between Tickmill and MultiBank Group

A visual summary showing where each broker performs better in safety, fees, platforms, deposits and withdrawals, and support.

Best Overall: TickmillBeginners: MultiBank Group

Safety & Trust

Reflects regulation strength and client fund protection.

Close
Tickmill4.7 / 5
MultiBank Group4.7 / 5

Fees & Costs

Measures spreads, trading costs, and general fees.

Small Edge
Tickmill4.7 / 5
MultiBank Group4.4 / 5

Trading Platforms

Based on platform quality and available trading tools.

Small Edge
Tickmill4.5 / 5
MultiBank Group4.3 / 5

Deposits & Withdrawals

Focuses on funding options and withdrawal convenience.

Close
Tickmill4.4 / 5
MultiBank Group4.3 / 5

Support & Customer Service

Compares support quality and overall user experience.

Close
Tickmill4.3 / 5
MultiBank Group4.3 / 5

These scores help you understand where each broker performs better depending on your priority: safety, costs, platforms, deposits and withdrawals, or support.

Accounts & Trading Costs

Account and Fee Comparison

A quick summary of the main cost factors between Tickmill and MultiBank Group.

Quick Summary
Tickmill

Tickmill looks stronger in terms of cost or spreads.

Tickmill Accounts
3
MultiBank Group Accounts
3
Beginners
MultiBank Group
Factor
Tickmill
MultiBank Group
Main Account
Classic
Standard
Min Deposit
$100
$50
Spread
1.6 - 2.0
1.0 - 1.5
Commission
$0
$0
Execution
Market Execution
Market Execution

Tickmill Accounts

3 available accounts

Classic
Spread
1.6 - 2.0
Commission
$0
Deposit
$100
Execution
Market Execution
Raw
Spread
0.0 - 0.3
Commission
$6 per lot
Deposit
$100
Execution
Market Execution
TradingView Raw
Spread
0.0 - 0.3
Commission
$3.5 per lot
Deposit
$100
Execution
Market Execution

MultiBank Group Accounts

3 available accounts

Standard
Spread
1.0 - 1.5
Commission
$0
Deposit
$50
Execution
Market Execution
Pro
Spread
0.8 - 1.0
Commission
$0
Deposit
$1000
Execution
Market Execution
ECN
Spread
0.0 - 0.3
Commission
$3 per lot
Deposit
$10,000
Execution
Market Execution

Start with the broker that fits you best

After reviewing accounts and costs, choose the broker that better matches your trading style.

The most important factor is not only the number of accounts, but choosing the account that fits your needs in terms of spread, commission, minimum deposit, and execution method.

Quick Decision

Which Broker Should You Choose Now?

A practical summary to choose the better broker based on your goal.

Overall Recommendation
Tickmill

The strongest overall choice based on this comparison.

Beginners
MultiBank Group
Costs
Tickmill
Short Decision

Choose Tickmill if you want the strongest overall option. For an easier start, the closer choice is MultiBank Group.

FAQs

Questions About Tickmill and MultiBank Group

Key questions before opening an account.

Tickmill
MultiBank Group

Is Tickmill good for scalping?

Tickmill is widely considered one of the better brokers for scalping due to its low spreads, competitive commissions, and fast execution speeds on MT4, MT5, and TradingView.

Is Tickmill a safe and regulated broker?

Tickmill operates under multiple regulatory entities, including the FCA in the UK and CySEC in Cyprus. Client funds are held in segregated accounts, with protection measures varying by jurisdiction.

What is the difference between Tickmill Classic and Raw accounts?

The Classic account offers commission-free trading with spreads from around 1.6 pips, while the Raw account provides spreads from 0.0 pips with a fixed commission per trade.

Is MultiBank Group a scam or a legit broker?

MultiBank Group is not a scam and operates under multiple regulators such as ASIC, CySEC, BaFin, and SCA. However, the level of protection depends on the specific entity handling your account, so it's important to verify the jurisdiction before trading.

How fast are withdrawals with MultiBank Group?

Withdrawal speed at MultiBank Group depends on the payment method. E-wallets and cryptocurrencies are usually processed faster, while bank transfers can take longer. Additional verification may be required for large withdrawals.

What are the real trading fees on MultiBank Group?

Trading fees vary by account type. Standard and Pro accounts have no commission with spreads included, while ECN accounts offer raw spreads from 0.0 pips with a commission of around $3 per lot per side.