XM vs MultiBank Group 2026: Which Broker is Better?
Choosing between XM and MultiBank Group depends on your trading style, preferred markets, and budget. XM is headquartered in Limassol, Cyprus, while MultiBank Group operates from Dubai, UAE. MultiBank Group has the longer track record, established in 2005, compared to XM which was founded in 2009. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
XM
MultiBank Group
| XM | MultiBank Group | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.6/5 |
| Min. Deposit | $5 ✓ | $50 |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:1000 ✓ | 1:500 |
| Regulation | CySEC, DFSA, FSC ✓ | ASIC, FCA, CySEC |
| Platforms | MT4, MT5, Proprietary Mobile | MT4, MT5 |
XM is the better choice overall, scoring 3.9/5 vs 3.6/5 on BrokerRank's independent rating. On fees, MultiBank Group offers lower spreads (0 pips).
See full side-by-side comparison belowXM vs MultiBank Group: Key Differences
XM
WinnerMultiBank Group
Fees Comparison
XM
MultiBank Group
Regulation & Trust
XM holds licences from ASIC, FCA, CySEC. MultiBank Group is regulated by ASIC, FCA, CySEC.
Markets & Assets
Both brokers offer access to Forex, Cfd, Stocks, Indices, Commodities markets.
Fees & Spreads
On spreads, MultiBank Group is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at XM.
Trading Platforms
XM supports MT4, MT5, Proprietary Mobile. MultiBank Group offers MT4, MT5. Both brokers are available on MT4, MT5.
Minimum Deposit
XM requires a minimum deposit of $5, while MultiBank Group sets a minimum deposit of $50. Both are suitable for traders with moderate starting capital.
Overall Ratings
BrokerRank scores XM at 3.92/5 and MultiBank Group at 3.60/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. XM leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
XM
3.9/5
Choose XM if you want…
- Higher overall rating (3.9/5)
- No per-trade commission
- Lower minimum deposit ($5)
- Higher leverage (up to 1:1000)
MultiBank Group
3.6/5
Choose MultiBank Group if you want…
- Tighter spreads (from 0 pips)
- More market types (6)
- More established (est. 2005)
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 XM & MultiBank Group are available in
Frequently Asked Questions
1Is XM better than MultiBank Group?
XM scores higher overall on our independent rating system. XM holds a 3.9/5 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.
2Which has lower fees, XM or MultiBank Group?
XM offers spreads from 0.6 pips, while MultiBank Group starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for XM vs MultiBank Group?
XM requires a minimum deposit of $5. MultiBank Group requires $50.
4Which broker is safer, XM or MultiBank Group?
XM is regulated by CySEC, DFSA, FSC, FSCA, FSA, while MultiBank Group holds licences from ASIC, FCA, CySEC.
5What trading platforms do XM and MultiBank Group support?
XM supports MT4, MT5, Proprietary Mobile. MultiBank Group supports MT4, MT5.
6Can I use both XM and MultiBank Group?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
XM
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