Online brokers compared for fees, trading platforms, safety and more. See how FXCM stacks up against MultiBank!
Last update of data—Dec 2022
FXCM is a UK-based broker offering forex and CFD trading. It is regulated by the FCA and Australia's ASIC.
MultiBank is an international CFD and forex broker, regulated by several financial authorities such as the top-tier ASIC of Australia.
Recommended for forex traders looking for easy account opening, funding and withdrawal.
Recommended for forex and CFD traders familiar with the MetaTrader trading platform.
FXCM
FXCM is a UK-based broker offering forex and CFD trading. It is regulated by the FCA and Australia's ASIC.
Recommended for forex traders looking for easy account opening, funding and withdrawal.
MultiBank
MultiBank is an international CFD and forex broker, regulated by several financial authorities such as the top-tier ASIC of Australia.
Recommended for forex and CFD traders familiar with the MetaTrader trading platform.
FXCM's service is on par with MultiBank's and a comparison of their fees shows that FXCM's fees are slightly lower than MultiBank's.
Account opening takes somewhat more effort at FXCM compared to MultiBank, deposit and withdrawal processes are somewhat more complicated at FXCM, while customer service quality is similar to MultiBank's.
Our experts rated the trading platform of FXCM as being of the same quality as the platform of MultiBank, found that clients have access to slightly less markets and products with FXCM, while MultiBank provides somewhat lower-quality research and education.
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