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Side-by-Side Comparison Independent Updated Oct 29, 2026

MultiBank Group vs Phemex 2026: Which Broker is Better?

Compare MultiBank Group and Phemex side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

MultiBank Group

Phemex

Higher ratedMultiBank Group logo

MultiBank Group

3.6/ 5
Visit MultiBank Group →Full review
VS
MultiBank GroupPhemex
BrokerRank Score3.6/5 ✓3.1/5
Min. Deposit$50$0 ✓
Spread from0 pips0 pips
Max Leverage1:500 ✓1:100
RegulationASIC, FCA, CySEC ✓—
PlatformsMT4, MT5Proprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
PhemexMultiBank Group
Best for Low Fees
MultiBank GroupPhemex
Best for Regulation
MultiBank GroupPhemex
Best Overall
MultiBank GroupPhemex
Quick Answer

MultiBank Group is the better choice overall, scoring 3.6/5 vs 3.1/5 on BrokerRank's independent rating. On fees, MultiBank Group offers lower spreads (0 pips).

See full side-by-side comparison below

MultiBank Group vs Phemex: Key Differences

Feature

MultiBank Group

Phemex

Our Rating
3.6 / 5
3.1 / 5
Min. Deposit
$50
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$3/lot
$0.01/lot
Regulated By
—
Platforms
MT4, MT5
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Crypto
Founded
2005
2019
Headquarters
Dubai, UAE
Singapore
Score
2 / 4
2 / 4

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Fees Comparison

Fee

MultiBank Group

Phemex

Lower fees
Spread From
0 pips
0 pips
Commission
$3/lot
$0.01/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

MultiBank Group scores 3.60/5 while Phemex scores 3.09/5 in our independent rating.

MultiBank Group edges ahead overall, but Phemex may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

MultiBank Group

MultiBank Group

3.6/5

Top pick

Choose MultiBank Group if you want…

  • Higher overall rating (3.6/5)
  • Higher leverage (up to 1:500)
  • More regulatory licences (3)
  • More market types (6)
Phemex

Phemex

3.1/5

Choose Phemex if you want…

  • No minimum deposit

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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.

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80% of retail CFD accounts lose money.

Both MultiBank Group & Phemex are available in

Frequently Asked Questions

1

Is MultiBank Group better than Phemex?

MultiBank Group scores higher overall on our independent rating system. MultiBank Group holds a 3.6/5 rating vs Phemex's 3.1/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, MultiBank Group or Phemex?

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

3

What is the minimum deposit for MultiBank Group vs Phemex?

MultiBank Group requires a minimum deposit of $50. Phemex requires $0.

4

Which broker is safer, MultiBank Group or Phemex?

MultiBank Group is regulated by ASIC, FCA, CySEC, while Phemex holds licences from unknown regulators.

5

What trading platforms do MultiBank Group and Phemex support?

MultiBank Group supports MT4, MT5. Phemex supports Proprietary Web, Proprietary Mobile.

6

Can I use both MultiBank Group and Phemex?

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

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