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MultiBank Group vs ITB
Both forex brokers have built a positive reputation, and feedback from our members supports that.
Both brokers have the same overall rating, 4.1.
MultiBank Group has a higher minimum deposit than ITB, at 50.0.
Both platforms offer their clients bonuses, demo accounts, mobile trading.
Traders should note that
MultiBank Group offers a minimum lot size of 0.01 and a maximum lot size of 30.0, while ITB offers 0.001 and 100.0.
MultiBank Group offers a greater leverage limit of 1:1000, whereas ITB allows a maximum of only 1:500.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 50.0 | 10.0 |
| Commission | 0.0 | 0.0 |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 5 | 5 |
| Minimum lot size | 0.01 | 0.001 |
| Maximum lot size | 30.0 | 100.0 |
| Spread | Variable | Variable |
| Broker type | STP, ECN, Pro | NDD |
| Maximal leverage (1:?) | 1000 | 500 |
| Availability | STP, ECN, Pro | NDD |
| Regulation | FSC (British Virgin Islands), CySEC (Cyprus), BaFIN (Germany), CIMA (Cayman Islands), VFSC (Vanuatu), FSC (Mauritius), FSA (Seychelles), MAS (Singapore), TFG (China), AUSTRAC (Australia), ESCA (UAE), VARA (UAE), FMA (Austria) | - |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), MultiBank Plus App (Android and IOS) | MetaTrader 5 (MT5), Web Platform |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Debit Card, Neteller, UnionPay, Skrill, Bitcoin, POLi, PayTrust, GlobePay, PayRetailers, Payment Asia, SEPA, Awe Pay | Wire Transfer, Local Deposits, Crypto, Visa, Mastercard |
| Account Currency | USD, GBP, EUR, CHF, JPY, NZD, CAD, AUD | USD |
| Languages | English, Spanish, French, German, Portuguese, Japanese, Italian, Russian, Mandarin, Chinese, Polish, Indonesian, Malay, Arabic, Vietnamese, Malay, Hindi | English, Arabic, Turkish, Persian |
| Country | United Arab Emirates | Saint Lucia |
| Trading platform(s) timezone | United Arab Emirates, Australia, Austria, Brazil, China, Cayman Islands, Cyprus, Ireland, Gibraltar, Germany, Hong Kong, India, Mauritius, Mexico, Malaysia, Vanuatu, Philippines, Seychelles, Singapore, Spain, Taiwan, United Kingdom, United States, British Virgin Islands, Vietnam | United Arab Emirates |
| Other trading instruments | Stocks, Indices, Commodities, Energies, Shares, Cryptocurrency, Precious Metals | Stocks, Futures, Indices, Commodities, Energies, Shares, CFDs, Cryptocurrency, Precious Metals, Forex |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
