FXTM vs mBank 2026: Which Broker is Better?
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 | mBank | |
|---|---|---|
| BrokerRank Score | 3.6/5 ✓ | 3.4/5 |
| Min. Deposit | $10 | $0 ✓ |
| Spread from | 0.1 pips | 0 pips ✓ |
| Max Leverage | 1:2000 ✓ | 1:5 |
| Regulation | FCA, CySEC, FSCA ✓ | KNF |
| Platforms | MT4, MT5 | Proprietary Web, Proprietary Mobile, mBank Trader |
FXTM is the better choice overall, scoring 3.6/5 vs 3.4/5 on BrokerRank's independent rating. On fees, mBank offers lower spreads (0 pips).
See full side-by-side comparison belowFXTM vs mBank: Key Differences
FXTM
mBank
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Fees Comparison
FXTM
mBank
Lower feesRegulation & Trust
FXTM holds licences from FCA, CySEC, FSCA. mBank is regulated by KNF.
Markets & Assets
Both brokers offer access to Forex, Cfd, Stocks, Indices markets. FXTM additionally covers Commodities. mBank adds Etf.
Fees & Spreads
On spreads, mBank is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.1 pips at FXTM.
Trading Platforms
FXTM supports MT4, MT5. mBank offers Proprietary Web, Proprietary Mobile, mBank Trader.
Minimum Deposit
FXTM requires a minimum deposit of $10, while mBank sets no minimum deposit. This makes mBank accessible to traders with any budget.
Overall Ratings
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.
BrokerRank Verdict
Who Should Choose Which?
FXTM
3.6/5
Choose FXTM if you want…
- Higher overall rating (3.6/5)
- Higher leverage (up to 1:2000)
- More regulatory licences (3)
mBank
3.4/5
Choose mBank if you want…
- Tighter spreads (from 0 pips)
- No minimum deposit
- More established (est. 2000)
- More platforms (3 supported)
Also consider
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.
Both FXTM & mBank are available in
Frequently Asked Questions
1Is FXTM better than mBank?
FXTM scores higher overall on our independent rating system. FXTM holds a 3.6/5 rating vs mBank's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, FXTM or mBank?
FXTM offers spreads from 0.1 pips, while mBank starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for FXTM vs mBank?
FXTM requires a minimum deposit of $10. mBank requires $0.
4Which broker is safer, FXTM or mBank?
FXTM is regulated by FCA, CySEC, FSCA, while mBank holds licences from KNF.
5What trading platforms do FXTM and mBank support?
FXTM supports MT4, MT5. mBank supports Proprietary Web, Proprietary Mobile, mBank Trader.
6Can I use both FXTM and mBank?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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