Broker Comparison

XM vs MultiBank Group: Which Is Better?

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

Quick Recommendation
XM

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

Overall
XM
Beginners
Tie
Spreads
Tie
Best Overall

XM

Low deposit

4.5out of 5
XM
Minimum Deposit
$5
Islamic Account
Available
Trading Platforms
MT4 | MT5

MultiBank Group

ECN trading

4.5out of 5
MultiBank Group
Minimum Deposit
$50
Islamic Account
Available
Trading Platforms
MT4 | MT5 | WebTrader | Mobile App
Final Verdict

Which broker is better: XM or MultiBank Group?

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

Overall Winner
XM

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

Beginners
Close
Spreads
Close
Deposit
XM
Quick Summary

If you want the stronger overall choice, XM looks more suitable here. For beginners, the closer choice is both brokers. For lower spreads and active trading, the lower-cost account type looks more relevant.

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

Score Analysis

Strength Analysis Between XM and MultiBank Group

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

Best Overall: XMBeginners: Very Close

Safety & Trust

Reflects regulation strength and client fund protection.

Small Edge
XM4.5 / 5
MultiBank Group4.7 / 5

Fees & Costs

Measures spreads, trading costs, and general fees.

Small Edge
XM4.0 / 5
MultiBank Group4.3 / 5

Trading Platforms

Based on platform quality and available trading tools.

Close
XM4.5 / 5
MultiBank Group4.5 / 5

Deposits & Withdrawals

Focuses on funding options and withdrawal convenience.

Better: XM
XM5.0 / 5
MultiBank Group4.5 / 5

Support & Customer Service

Compares support quality and overall user experience.

Close
XM4.5 / 5
MultiBank Group4.7 / 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 XM and MultiBank Group.

Quick Summary
Costs Are Close

There is no clear cost winner; the account type is the key factor.

XM Accounts
4
MultiBank Group Accounts
3
Beginners
Very Close
Factor
XM
MultiBank Group
Main Account
Micro
Standard
Min Deposit
$5
$50
Spread
1.0 – 1.5
1.0 - 1.5
Commission
$0
$0
Execution
Market Execution
Market Execution

XM Accounts

4 available accounts

Micro
Spread
1.0 – 1.5
Commission
$0
Deposit
$5
Execution
Market Execution
Standard
Spread
1.0 – 1.5
Commission
$0
Deposit
$5
Execution
Market Execution
Ultra Low
Spread
0.6 – 1.0
Commission
$0
Deposit
$5
Execution
Market Execution
Zero
Spread
0.0 – 0.3
Commission
$7 per lot
Deposit
$5
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
XM

The strongest overall choice based on this comparison.

Beginners
Both Suitable
Costs
Very Close
Short Decision

Choose XM if you want the strongest overall option. For an easier start, the closer choice is both brokers.

FAQs

Questions About XM and MultiBank Group

Key questions before opening an account.

XM
MultiBank Group

Is XM Zero account really cheaper than Standard accounts?

XM Zero offers spreads starting from 0.0 pips, but charges a commission of about $7 per lot round turn. In contrast, Standard accounts include costs in spreads starting around 1.0–1.5 pips, making Zero accounts more suitable for active traders.

What is the real spread on XM accounts in live trading?

XM Standard and Micro accounts typically have spreads between 1.0 to 1.5 pips, while Ultra Low accounts offer tighter spreads from around 0.6 pips. These spreads are variable and can increase during volatility.

Does XM use market execution or instant execution?

XM mainly uses Market Execution across its account types, allowing trades to be executed at the best available price without requotes, but with possible slippage during fast markets.

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.

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