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Side-by-Side Comparison Independent Updated Oct 2, 2026

City Index vs MultiBank Group 2026: Which Broker is Better?

City Index and MultiBank Group are prominent brokers, each appealing to distinct trader profiles. City Index, with its long-standing reputation and extensive market offerings, is ideal for traders seeking a reliable, research-driven environment with no minimum deposit requirement. In contrast, MultiBank Group caters to those prioritising extensive leverage options and a wider range of financial instruments, including cryptocurrencies, despite its more complex fee structure. The key difference lies in their leverage offerings: City Index provides a maximum of 1:200, while MultiBank Group offers a higher leverage of up to 1:500.

City Index

MultiBank Group

Higher ratedCity Index logo

City Index

4.1/ 5
Visit City Index →Full review
VS
City IndexMultiBank Group
BrokerRank Score4.1/5 ✓3.6/5
Min. Deposit$0 ✓$50
Spread from0.5 pips0 pips ✓
Max Leverage1:2001:500 ✓
RegulationFCA, ASIC, MASASIC, FCA, CySEC
PlatformsProprietary Web, Proprietary Mobile, MT4MT4, MT5
Quick VerdictBrokerRank recommends
Best for Beginners
City IndexMultiBank Group
Best for Low Fees
MultiBank GroupCity Index
Best for Regulation
City IndexMultiBank Group
Best Overall
City IndexMultiBank Group
Quick Answer

City Index is the better choice overall, scoring 4.1/5 vs 3.6/5 on BrokerRank's independent rating. On fees, MultiBank Group offers lower spreads (0 pips).

See full side-by-side comparison below

City Index vs MultiBank Group: Key Differences

Feature

City Index

Winner

MultiBank Group

Our Rating
4.1 / 5
3.6 / 5
Min. Deposit
$0
$50
Max Leverage
Spread From
0.5 pips
0 pips
Commission
None
$3/lot
Platforms
Proprietary Web, Proprietary Mobile, MT4
MT4, MT5
Markets
Cfd, Forex, Stocks, Indices, Commodities
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Founded
1983
2005
Headquarters
London, UK
Dubai, UAE
Score
4 / 5
1 / 5

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Fees Comparison

Fee

City Index

MultiBank Group

Spread From
0.5 pips
0 pips
Commission
None
$3/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

City Index is the superior choice for beginners due to its user-friendly proprietary platforms, absence of a minimum deposit requirement, and comprehensive research tools. Professional traders might prefer MultiBank Group for its broader range of financial instruments and higher maximum leverage of 1:500. When it comes to fees, City Index emerges as the winner with spreads starting from 0.5 pips and no commission, making it more cost-effective compared to MultiBank Group's commission-based structure.

Who Should Choose Which?

City Index

City Index

4.1/5

Top pick

Choose City Index if you want…

  • Higher overall rating (4.1/5)
  • No per-trade commission
  • No minimum deposit
  • More established (est. 1983)
MultiBank Group

MultiBank Group

3.6/5

Choose MultiBank Group if you want…

  • Tighter spreads (from 0 pips)
  • Higher leverage (up to 1:500)
  • More market types (6)

Also consider

View all rankings

We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

#1ForTrade logo
ForTrade
4.3
FCA
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#2FxPro logo
FxPro
4.1
FCA
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#4AvaTrade logo
AvaTrade
4.0
MAS
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#5Plus500 logo
Plus500
4.0
MAS
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80% of retail CFD accounts lose money.

Both City Index & MultiBank Group are available in

Frequently Asked Questions

1

Is City Index better than MultiBank Group?

City Index scores higher overall on our independent rating system. City Index holds a 4.1/5 rating vs MultiBank Group's 3.6/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, City Index or MultiBank Group?

City Index offers spreads from 0.5 pips, while MultiBank Group starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for City Index vs MultiBank Group?

City Index requires a minimum deposit of $0. MultiBank Group requires $50.

4

Which broker is safer, City Index or MultiBank Group?

City Index is regulated by FCA, ASIC, MAS, while MultiBank Group holds licences from ASIC, FCA, CySEC.

5

What trading platforms do City Index and MultiBank Group support?

City Index supports Proprietary Web, Proprietary Mobile, MT4. MultiBank Group supports MT4, MT5.

6

Can I use both City Index and MultiBank Group?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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