Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
switchmarkets
$40.00Tightest Spreads
MultiBank FX
1.5 pips (Standard) pipsHighest Leverage
switchmarkets
1:Up to 1:1000Best Rated
switchmarkets
Mobile Trading
Both
✓✓General Information
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
switchmarkets
Regulation
ASIC (Australia)
Founded
N/A
Headquarters
Australia
Overall Rating
Trading Conditions
| Feature | MultiBank FX | switchmarkets |
|---|---|---|
| Minimum Deposit | $50.00 | $40.00 |
| Average Spreads | 1.5 pips (Standard) | From 0.0 pips (Pro/ECN); 0.6 pips average on Standard (EUR/USD). |
| Maximum Leverage | 1:500 | Up to 1:1000 |
| Commission | None | None |
Account Types
MultiBank FX
switchmarkets
Platforms & Tools
MultiBank FX
MetaTrader 4, MetaTrader 5, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
switchmarkets
MetaTrader 4, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Payments
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
switchmarkets
Deposit Methods
Bank Wire, Credit/Debit Cards (Visa/Mastercard), E-Wallets (Skrill, Neteller), Cryptocurrencies (Bitcoin, Ethereum), Local Methods (e.g., FPS for Asia). Instant processing for most; no deposit fees except crypto blockchain.
Withdrawal Methods
Same as deposits; processed 24–72 hours, with 0.5%–2% fees.
Withdrawal Fee
None
Support
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
switchmarkets
Support Languages
English, Spanish, Arabic, Chinese, Malay, Indonesian (multilingual support).
Support Channels
24/5 live chat, email, WhatsApp; highly rated for responsiveness (4.7/5 on Trustpilot).
Account Manager
Available
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