MultiBank Vs. Fusion Markets - Compare Trustworthiness, Capabilities, Fees and Legitimacy

MultiBank (MultiBank FX, MultiBank Group) is a global broker founded in 2005 that specialises in CFDs trading via MetaTrader 4 and 5 platforms.

Fusion Markets is an Australian broker founded in 2010 that specialises in low-cost currency trading via MT4 and MT5 platforms and holds 2 financial licenses from ASIC and VFSC.

• 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 get started in currency trading
• Intermediate and professional traders looking for low spreads with a custom account offering

• ASIC (Australia)
• BaFin (Germany)
• CIMA (Cayman Islands)
• FSC (British Virgin Islands)
• FMA (Austria)
• MAS (Singapore)
• TFG (Tianjin)
• VFSC (Vanuatu)

• ASIC (Australia)
• VFSC (Vanuatu)

• Great asset variety (over 13,000+)
• Competitive commissions on Pro and ECN accounts ($3 per lot side)
• High leverage offering (Up to 1:500)

• Extremely competitive account offering with either 0 spreads and a commission of AUD $4.5 or low spreads with no commissions
• Tight spreads on most of their instruments

• 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 poor (over 100+ instruments)
• Platform variety is not great (only MT4 or MT5 offered)

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• 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.

• Visa
• Mastercard
• Bank Transfer
• PayTrust
• Praxis
• Pagsmile
• Skrill
• Neteller
• Plus Wallets
• Payment Asia
• GlobePay
• POLi
• Bitcoin

• Visa
• Mastercard
• Bank Transfer
• Neteller
• PerfectMoney
• Jeton

US, CA, SY, IR.

US, CA, IR, SY, NZ.

After 90 days of inactivity, $60 every month.

No for most payment methods except international bank transfers which have a cost of 20 AUD.

• None on Standard accounts.
• Yes in Pro and ECN accounts of $3 per lot side.

• No commissions on classic accounts.
• AUD $4.5 per lot round turn for ZERO accounts with spreads starting from 0.