FXTM
mBank
VS
Higher Rated
FXTM
Capital at risk · T&Cs apply
Choosing between FXTM and mBank depends on your trading style, preferred markets, and budget. FXTM is headquartered in Limassol, Cyprus, while mBank operates from Warsaw, Poland. mBank has the longer track record, established in 2000, compared to FXTM which was founded in 2011. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
FXTM
mBank
FXTM is the better choice overall, scoring 3.6/5 vs 3.3/5 on BrokerRank's independent rating. On fees, mBank offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
FXTM
3.6 vs 3.3
Lowest Fees
mBank
0.1 vs 0 pips
Regulation
FXTM
3 vs 1 licences
Min. Deposit
mBank
$10 vs $0
FXTM
mBank
WinnerFXTM
mBank
Lower feesFXTM holds licences from FCA, CySEC, FSCA. mBank is regulated by KNF.
Both brokers offer access to Forex, Cfd, Stocks, Indices markets. FXTM additionally covers Commodities. mBank adds Etf.
On spreads, mBank is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.1 pips at FXTM.
FXTM supports MT4, MT5. mBank offers Proprietary Web, Proprietary Mobile, mBank Trader.
FXTM requires a minimum deposit of $10, while mBank sets no minimum deposit. This makes mBank accessible to traders with any budget.
BrokerRank scores FXTM at 3.59/5 and mBank at 3.27/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. FXTM leads overall with a clear advantage.
FXTM scores higher overall on our independent rating system. FXTM holds a 3.6/5 rating vs mBank's 3.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
FXTM offers spreads from 0.1 pips, while mBank starts at 0 pips. Check the fees section above for a full breakdown.
FXTM requires a minimum deposit of $10. mBank requires $0.
FXTM is regulated by FCA, CySEC, FSCA, while mBank holds licences from KNF.
FXTM supports MT4, MT5. mBank supports Proprietary Web, Proprietary Mobile, mBank Trader.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.