MultiBank Vs. FBS - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 74-89% of retail CFD accounts lose money.	Visit 76.5% of retail CFD accounts lose money.
Overview
MultiBank (MultiBank FX, MultiBank Group) is a global broker founded in 2005 that specialises in CFDs trading via MetaTrader 4 and 5 platforms.	FBS is a global broker established in 2009 that specialises in currencies trading via MetaTrader 4 & 5 platforms along with their own proprietary mobile app.
Best For
Traders looking for an off-shore broker connected to a well regulated parent group that provides high leverage Stock CFDs traders looking for wide share variety FX Traders that don’t scalp and are looking for competitive ECN accounts	New traders looking to trade via MT4 with really low starting amounts using their Cent or Micro accounts Experienced high volume traders looking for a fixed zero spread account
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 4 Other Licenses 4 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 3 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) BaFin (Germany) CIMA (Cayman Islands) FSC (British Virgin Islands) FMA (Austria) MAS (Singapore) TFG (Tianjin) VFSC (Vanuatu)	IFSC (Belize) CySec (Cyprus) ASIC (Australia) FSCA (South Africa)
The Good
Great asset variety (over 13,000+) Competitive commissions on Pro and ECN accounts ($3 per lot side) High leverage offering (Up to 1:500)	Clear account offering that covers all levels of traders according to their net worth Proprietary copy trading service Access to high leverage (Up to 1:3000)
The Bad
Complicated legal regulatory framework due to being a group as it’s hard to understand which of their companies do what and on which entity does a customer trade or is being protected by regulation Scalping not allowed (120 seconds time limit for FX and commodities and 300 second limit for other CFDs) Expensive inactivity fee, $60 monthly after 90 days of inactivity.	Asset offering is extremely limited with over 100+ instruments Minimum deposit for ECN account is high $1,000
Status
Operational	Operational
Recent News
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
Key Data
⌛ Account Opening Time
1 day	1 day
📋 Documents Required
Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.	Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.
📍 Year Founded
2005	2009
💳 Minimum Deposit Range
From $50 to $5,000	From $1 to $1,000
💰 Payment Methods
Visa Mastercard Bank Transfer PayTrust Praxis Pagsmile Skrill Neteller Plus Wallets Payment Asia GlobePay POLi Bitcoin	Visa Mastercard Maestro Neteller Sticpay Skrill Perfect Money Bank Transfer (depending on location and entity) Bitcoin Ethereum USDT (Tether)
💵 Account Base Currencies
17 - USD, EUR, AUD, AED, GBP, CHF, CAD, MYR, THB,VND, IDR, BRL, MXN, CLP, PEN, GTQ, NIO.	3 - EUR, USD, AUD.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR.	JP, US, CA, MY, IL, IR.
📊 STP Account
No	Yes
📊 DMA Account
No	No
📊 ECN Account
Yes	Yes
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
13,925	254
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
12,825	104
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
41	102
📗 Commodities
0	0
📗 Commodities CFDs
21	8
📕 Indices
0	0
📕 Indices CFDs
27	12
📔 ETFs
0	0
📔 ETFs CFDs
1,000	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
11	28
📒 Bonds
0	0
📒 Bonds CFDs
0	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
1 Share	$1,000 - 0.01 Lots
📉 Minimum ETFs Trade Size
1 ETF	Unavailable
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots)	$1,000 - 0.01 Lots
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 - 0.01 Lots
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots)	$1,000 - 0.01 Lots
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
500	3000
💪 Professional Leverage
Unavailable	Unavailable
✍ Customisable Leverage
No	Yes
🎲 Deleveraged Trading
No	No
🎓 Demo Account
Yes	Yes
📱 IOS App
No	Yes
📱 Android App
No	Yes
📺 MetaTrader 4
No	Yes
📺 MetaTrader 5
Yes	Yes
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
No	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	Yes
👫 Social Trading
Yes	Yes
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
After 90 days of inactivity, $60 every month.	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
None on Standard accounts. Yes in Pro and ECN accounts of $3 per lot side.	FBS commissions vary per account type as follows: Cent account: none Micro account: none Standard account: none Zero spread account: From $20 per lot ECN account: From $6 per lot Crypto account: 0.05% for opening or closing positions
Spreads
📈 EUR/USD
Dynamic - From 0.1 to 1.2 Pips	Dynamic - From 0 to 3 Pips
📉 SP500
Dynamic - From 2 to 50 Pips	Dynamic - From 170 Pips
📈 GOLD
Dynamic - From 2 to 50 Pips	Dynamic - From 32 Pips
📉 TSLA (Stock CFD)
Unavailable	Dynamic - From $0.08
📈 XLK (ETF - CFD)
Unavailable	Unavailable
📉 BTC
Unavailable	Dynamic - From $104
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
No	No
📡 Live Chat Support
No	No
📡 Video Tutorials
No	No
📡 Account Management
Yes	No
📡 Webinars
No	No