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XM vs MultiBank FX

XM or MultiBank FX – which is better for UK traders 2025? Compare XM and MultiBank FX in this detailed breakdown of their platforms, features and fees.

XM vs MultiBank FX Comparison Table 2025
XM	MultiBank FX

Not Rated	4.7
XM is ranked # among .	MultiBank FX is ranked #55 among CFD brokers.
	Review
XM has closed or no longer accepts UK clients.	MultiBank FX is an established broker offering forex and CFD products since 2005. With 20,000+ instruments, plenty of local payment methods and 24/7 multilingual customer support, the broker is a popular choice among traders globally. New clients can also access a variety of bonus offers and access the hugely popular MT4 and MT5 trading platforms.
Pros
	24/7 multilingual customer support available across all accounts Renowned MT4 and MT5 platforms, plus proprietary MultiBank-Plus solutions and social trading Vast range of local payment methods with fast withdrawals within 24 hours Global presence with 10+ regulatory licenses, including ASIC (Australia) and MAS (Singapore) MAM, PAMM and FIX API access for high-volume or pro traders, plus EAs and VPS hosting for algorithmic trading
Cons
	$5,000 minimum deposit required to access ECN spreads Average education and market research $60 monthly inactivity fee
Awards
	Best Gold Broker 2023 - FX Empire Best Forex Broker 2023 - Fintech & Crypto Summit Bahrain Chairman Of The Year 2023 - Le Fonti Awards Dubai Leading Financial Derivatives Institution 2023 - Le Fonti Awards Dubai The Most Trusted Broker In The Middle East 2023 - Ultimate Fintech Best Broker Of The Year 2022 - Traders Union Best Globally Recognized Forex Broker 2022 - Forex Expo Dubai Best Crypto Broker Asia & Europe 2022 - Global Brands Magazine Best Financial Derivatives Broker Asia & Europe 2022 - Global Brands Magazine Best Global Broker 2022 - Pan Finance Best Global Forex Chairman Of The Year 2022 - Global Business Review Magazine Best New Global Asset Digital Exchange - MultiBank Crypto Exchange 2022 - Global Business Review Magazine The 50 Most Influential Figures In Global Financial Markets 2022 - Forex Traders Summit Dubai Best Global Crypto Broker 2021 - Forex Expo Dubai Bets Global Broker 2021 - Finance Magnates Best Broker MENA 2021 - Finance Magnates Best Broker Africa 2021 - Finance Magnates Best Broker LATAM 2021 - Finance Magnates Most Trusted Global Broker 2021 - Global Business Review Magazine The 50 Most Influential Figures In Global Financial Markets 2021 - Forex Traders Summit Dubai Best FX Service Provider 2020 - International Business Magazine Best FX Customer Service 2020 - Forex Awards Best Apac Region Broker 2020 - International Financial Awards Best Forex & CFD Broker 2019 - Jordan Forex & Expo Awards Financial Services Provider of the Year Asia 2019 - Global Brands Magazine Best Forex Trading Platform Hong Kong 2018 - International Finance Magazine
FCA Regulated
	No List of FCA Regulated Brokers
Instruments
	Forex, CFDs, indices, shares, metals, commodities, cryptocurrencies
Demo Account
	Yes
Minimum Deposit
	$50
Payment Methods
	Credit Cards GlobePay Mastercard Neteller Perfect Money Skrill Swift Visa Wire Transfer
Minimum Trade
	0.1 Lots
Regulator
	SCA, MAS, CySEC, ASIC, AUSTRAC, BaFin, FMA, FSC, CIMA, TFG, VFSC
Mobile Apps
	Yes
iOS App Rating
	5
Android App Rating
	4.2
Margin Trading
	No
MetaTrader 4
	Yes
MetaTrader 5
	Yes
cTrader
	Yes
AlgoTrader
	No
OmniTrader
	No
TradingView
	No
Autochartist
	No
eSignal
	No
Trading Central
	No
STP Account
	No
ECN Account
	Yes
DMA Account
	No
MAM Account
	No
PAMM Account
	No
LAMM Account
	No
Demat Account
	No
AI / Machine Learning
	No
Robo Advisor
	No
Negative Balance Protection
	No
Market Maker
	Yes
P2P Trading
	No
Spot Trading
	Yes
Auto Trading
	Yes (APIs)
Copy Trading
	Yes
Copy Trading Platform
	Clients can start copy trading in three simple steps at MultiBank FX, gaining access to profitable online traders from around the world. Build a diverse portfolio while learning from experienced investors and saving time on market research.
Social Trading
	Yes
Trade Signals
	Yes
VPS Hosting
	No
Tournaments
	No
Demo Competitions
	Yes
Ethical Investing
	No
Custodial Account
	No
Guaranteed Stop Loss
	No
Islamic Account
	Yes
Commodities
	Gold Silver Oil Cocoa Coffee Corn Soybeans Copper
CFD
	Access thousands of CFDs with competitive pricing and leverage up to 1:500. A range of asset classes are available, including currencies, shares, indices, metals and commodities. CFDs can be traded on the market-leading MetaTrader platforms.
Leverage
	1:500
FTSE Spread
	Not offered
GBPUSD Spread<
	0.8
Oil Spread
	0.03
Stocks Spread
	Variable
Forex
	MultiBank FX offers trading on 50+ major, minor and exotic currency pairs. Spreads are tighter than many competitors and the broker offers higher leverage than most alternatives. Automated trading strategies are also permitted.
Assets
	45+
GBPUSD Spread
	0.8
EURUSD Spread
	0.3
EURGBP Spread
	0.8
Cryptocurrency
	Trade a selection of the top cryptos against the US Dollar, including Bitcoin, Polkadot and Stellar with 50% leverage. Traders also benefit from fast execution speeds of <20ms.
Spread
	Floating
Coins
	BTC LTC ETH XRP
Crypto Lending
	No
Crypto Mining
	No
Crypto Staking
	No
Auto Market Maker
	No

XM	MultiBank FX
	Review
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