Online brokers compared for fees, trading platforms, safety and more. See how MultiBank stacks up against XM!
Last update of data—Aug 2022
MultiBank is an international CFD and forex broker, regulated by several financial authorities such as the top-tier ASIC of Australia.
XM is a global forex and CFD broker regulated by Australia's ASIC, CySEC of Cyprus, and Belizean authority IFSC.
Recommended for forex and CFD traders familiar with the MetaTrader trading platform.
Recommended for forex and CFD traders who prefer MetaTrader platforms and seek great account opening.
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.
XM
XM is a global forex and CFD broker regulated by Australia's ASIC, CySEC of Cyprus, and Belizean authority IFSC.
Recommended for forex and CFD traders who prefer MetaTrader platforms and seek great account opening.
MultiBank's service is on par with XM's and a comparison of their fees shows that MultiBank's fees are similar to XM's.
Account opening takes about the same effort at MultiBank compared to XM, deposit and withdrawal processes are about the same quality at MultiBank, while customer service quality is somewhat better than XM's.
Our experts rated the trading platform of MultiBank as being of the same quality as the platform of XM, found that clients have access to slightly less markets and products with MultiBank, while XM provides somewhat better research and education.
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