XM
MultiBank Group
VS
Higher Rated
XM
Capital at risk · T&Cs apply
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, ASIC, FCA | 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
WinnerMultiBank Group
XM
MultiBank Group
XM holds licences from ASIC, FCA, CySEC. MultiBank Group is regulated by ASIC, FCA, CySEC.
Both brokers offer access to Forex, Cfd, Stocks, Indices, Commodities markets.
On spreads, MultiBank Group is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at XM.
XM supports MT4, MT5, Proprietary Mobile. MultiBank Group offers MT4, MT5. Both brokers are available on MT4, MT5.
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.
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.
XM
3.9/5
Choose XM if you want…
MultiBank Group
3.6/5
Choose MultiBank Group if you want…
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.
XM offers spreads from 0.6 pips, while MultiBank Group starts at 0 pips. Check the fees section above for a full breakdown.
XM requires a minimum deposit of $5. MultiBank Group requires $50.
XM is regulated by CySEC, ASIC, FCA, while MultiBank Group holds licences from ASIC, FCA, CySEC.
XM supports MT4, MT5, Proprietary Mobile. MultiBank Group supports MT4, MT5.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.