IC Markets vs MultiBank FX: Comparison

Forex Broker Comparison

Detailed side-by-side analysis

IC Markets
IC Markets
VS
MultiBank FX
MultiBank FX

Quick Summary

Best for Beginners

MultiBank FX

$50.00

Tightest Spreads

MultiBank FX

1.5 pips (Standard) pips

Highest Leverage

MultiBank FX

1:1:500

Best Rated

MultiBank FX

4.50
/5

Mobile Trading

Both

✓✓

General Information

IC Markets

Regulation

Founded

N/A

Headquarters

IC Markets operates globally, with entities regulated in Australia, Cyprus, and Seychelles.

Overall Rating

4.00/5

MultiBank FX

Regulation

CySEC (Cyprus), FCA (UK), ASIC (Australia), FSCA (South Africa), FSA (Seychelles), BaFin (Germany), MAS (Singapore), FSC (Mauritius), CIMA (Cayman Islands)

Founded

N/A

Headquarters

Global (HQ relocated to Dubai; offices in Cyprus, Australia, UAE, etc.)

Overall Rating

4.50/5

Trading Conditions

Feature IC Markets MultiBank FX
Minimum Deposit $200.00 $50.00
Average Spreads Starts from 0.0 1.5 pips (Standard)
Maximum Leverage 1:500 1:500
Commission None None

Account Types

IC Markets

Standard Accounts Raw Account

MultiBank FX

Standard Accounts Islamic Account ECN Accounts Copy Trading Accounts VIP Accounts

Platforms & Tools

IC Markets

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

MultiBank FX

MetaTrader 4, MetaTrader 5, WebTrader

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

Payments

IC Markets

Deposit Methods

IC Markets supports deposits via Bank Wire, Credit/Debit Cards, PayPal, Skrill, Neteller, UnionPay, FasaPay, Crypto, and Local Bank Transfers. Most are instant, while bank wires take 2-5 days. No deposit fees, but third-party charges may apply.

Withdrawal Methods

IC Markets offers withdrawals via Bank Wire, Credit/Debit Cards, PayPal, Skrill, Neteller, UnionPay, FasaPay, Crypto, and Local Bank Transfers. Processing times vary, with most methods taking 1-2 business days. No withdrawal fees, but third-party charges may apply.

Withdrawal Fee

None

MultiBank FX

Deposit Methods

💳 Visa, 💳 Mastercard, 🏦 Bank Wire, 💼 Neteller, 📩 Skrill, 💰 Perfect Money, ⚡ ThunderX Pay, 🌐 GlobePay, and 🏠 local options

Withdrawal Methods

 Same as deposits; no fees; processing within 1–5 business days

Withdrawal Fee

None

Support

IC Markets

Support Languages

English, Simplified Chinese, Thai, Indonesian, Korean, German, French, Spanish, Vietnamese, Russian, Arabic, Italian, Bulgarian, Croatian, Traditional Chinese.

Support Channels

24/7 support via live chat, email, and phone.

Account Manager

Available

MultiBank FX

Support Languages

English, Spanish, Chinese, Arabic, Russian, German, French, Portuguese, and more

Support Channels

Webinars, video tutorials, e-books, and signal contests. Trading Central integration provides market analysis and signals. Economic calendars and daily market reports offer timely insights. Advanced charting features include custom indicators and templates.

Account Manager

Available

Ready to choose your broker?

Select the platform that best matches your needs