MultiBank FX vs FXOpen
MultiBank FX or FXOpen – which is better for UK traders 2025? Compare MultiBank FX and FXOpen in this detailed breakdown of their platforms, features and fees.
| MultiBank FX | FXOpen |
|---|---|
 |
 |
|
|
| MultiBank FX is ranked #49 among CFD brokers. | FXOpen is ranked #56 among CFD brokers. |
| MultiBank FX, a reputable broker since 2005, provides forex and CFD products. With over 20,000 instruments, numerous local payment options, and round-the-clock multilingual support, it is favoured by traders worldwide. New clients benefit from bonus offers and can use the popular MT4 and MT5 trading platforms. | Founded in 2005, FXOpen is a well-regulated broker that has drawn over one million traders. Tailored for active trading, it offers a diverse range of over 700 markets. The platform facilitates high-frequency trading, scalping, and various algorithmic strategies through the use of expert advisors (EAs). |
| Pros | |
|
|
| Cons | |
|
|
| Awards | |
|
|
| FCA Regulated | |
| No | Yes |
| Instruments | |
| Forex, CFDs, indices, shares, metals, commodities, cryptocurrencies | CFDs, Forex, Stocks, Indices, Commodities, Crypto, ETFs |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $50 | $100 |
| Payment Methods | |
| Minimum Trade | |
| 0.1 Lots | 0.01 Lots |
| Regulator | |
| SCA, MAS, CySEC, ASIC, AUSTRAC, BaFin, FMA, FSC, CIMA, TFG, VFSC | FCA, CySEC, FC |
| Mobile Apps | |
| Yes | iOS & Android |
| Trading App | |
| The FXOpen Trading App offers a user-friendly experience for trading over 700 global markets. It provides real-time data, level 2 pricing, live charts, and financial news. Over the years, it has achieved one of the highest ratings on the Android app store, reflecting its superior user interface. | |
| iOS App Rating | |
|
|
|
| Android App Rating | |
|
|
|
| Margin Trading | |
| No | Yes |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| Yes | Yes |
| cTrader | |
| Yes | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | Yes |
| Autochartist | |
| No | No |
| eSignal | |
| No | No |
| Trading Central | |
| No | No |
| STP Account | |
| No | Yes |
| ECN Account | |
| Yes | Yes |
| DMA Account | |
| No | Yes |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | Yes |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | Yes |
| Market Maker | |
| Yes | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | No |
| Auto Trading | |
| Yes (APIs) | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | |
| Yes | Yes |
| Copy Trading Platform | |
| Clients at MultiBank FX can begin trading effortlessly in three straightforward steps. Access successful global traders online and diversify your investment portfolio. Learn from seasoned investors and save time on market analysis. | FXOpen's PAMM Copy Trading service enables investors to replicate the strategies of seasoned traders. It offers a clear, performance-focused system with flexibility, automated profit-sharing, and thorough account management. |
| Social Trading | |
| Yes | No |
| Trade Signals | |
| Yes | Yes |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| No | Yes |
| Demo Competitions | |
| Yes | Yes |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $10 | |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
|
|
| Commodities | |
|
|
| CFD | |
| Access numerous CFDs with competitive pricing and leverage up to 1:500. Trade across various asset classes such as currencies, shares, indices, metals, and commodities. Utilise the market-leading MetaTrader platforms for trading. | FXOpen offers an impressive array of CFDs, including over 700 assets like stocks, indices, currencies, commodities, cryptocurrencies, and a wider selection of ETFs. Since 2022, the inclusion of TradingView and enhancements to the TickTrader platform have equipped traders with superior tools. FXOpen thus delivers a comprehensive trading experience. |
| Leverage | |
| 1:500 | 1:30 (EU, UK), 1:1000 (Global) |
| FTSE Spread | |
| Not offered | 0.7 |
| GBPUSD Spread< | |
| 0.8 | 0.4 |
| Oil Spread | |
| 0.03 | 0.04 |
| Stocks Spread | |
| Variable | 0.40 (Apple) |
| Forex | |
| MultiBank FX provides trading on over 50 currency pairs, including major, minor, and exotic ones. The broker boasts tighter spreads compared to many rivals and offers higher leverage than most others. Automated trading strategies are allowed. | |
| Assets | |
| 45+ | 50+ |
| GBPUSD Spread | |
| 0.8 | 0.4 |
| EURUSD Spread | |
| 0.3 | 0.2 |
| EURGBP Spread | |
| 0.8 | 0.5 |
| Cryptocurrency | |
| Trade leading cryptocurrencies, such as Bitcoin, Polkadot, and Stellar, against the US Dollar with 50% leverage. Enjoy execution speeds of under 20 milliseconds for swift transactions. | FXOpen provides more than 40 cryptocurrency CFDs, featuring both crypto-only pairs and those paired with traditional currencies like GBP, USD, and JPY. Traders can leverage their crypto CFD trades at a ratio of 1:2. There are three types of orders available: market, limit, and stop, and scripts are on hand for automated trading. |
| Spread | |
| Floating | 9.0 (BTC) |
| Coins | |
|
|
| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| MultiBank FX | FXOpen |
| More Comparisons | |
|
MultiBank FX vs |
FXOpen vs |