Written by ForexBrokers.com
In this head to head comparison of MultiBank vs FXGT.com, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
MultiBank, established in 2005, and FXGT.com, founded in 2019, are both online brokers offering trading services without being listed as publicly traded companies or functioning as traditional banks. With trust playing a vital role in choosing a broker, MultiBank and FXGT.com differ in their regulatory credentials, as recognized by ForexBrokers.com. MultiBank boasts a Trust Score of 84, categorizing it in the 'trusted' range thanks to its three Tier-1 licenses and one Tier-2 license. In contrast, FXGT.com holds a Trust Score of 69, falling under 'high risk,' with regulatory backing of one Tier-1 and one Tier-2 license.
Both brokers provide trading platforms under secure and regulated environments; however, the distinction in their Trust Scores and regulatory backing highlights different levels of oversight. MultiBank's solid regulatory framework offers traders a more reliable environment according to industry ratings, while FXGT.com provides a suitable, albeit riskier, option for those more inclined toward exploring newer market entrants. Understanding these differences helps traders make informed decisions based on trust ratings and regulatory assurances.
| Feature |
MultiBank
|
FXGT.com
|
|---|---|---|
| Year Founded | 2005 | 2019 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 2 |
Here’s a quick MultiBank vs FXGT.com commissions and fees comparison for forex and CFD traders. MultiBank is rated 4.0/5 stars and ranks 39th out of 63 brokers in the Commissions and Fees category, while FXGT.com is rated 3.5/5 stars and ranks 57th. That means MultiBank places higher in this cost-focused category, though your real trading costs will still depend on spreads and any commission your chosen account charges.
MultiBank offers three account types: Standard (minimum deposit $50) with higher relative spreads, Pro (minimum $1,000) with lower spreads, and ECN (minimum $10,000) with the tightest spreads plus a $3 round-trip commission per trade. Non-trading fees to note: a $60 monthly inactivity fee applies if your account has no trading activity for 90 days.
For FXGT.com, average spread data isn’t available, which makes direct cost comparisons harder. Without published averages, you’ll need to review live quotes and account details to understand typical spreads and any commissions. FXGT.com holds a 3.5/5 stars Commissions and Fees rating and ranks 57th out of 63 brokers.
| Feature |
MultiBank
|
FXGT.com
|
|---|---|---|
| Minimum Deposit | $50 | $5 |
| Average spread (EUR/USD) - Standard account | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | Yes | Yes |
| PayPal (Deposit/Withdraw) | ||
| Skrill (Deposit/Withdraw) | ||
| Bank Wire (Deposit/Withdraw) |
Dive deeper: Best Low Spread Forex Brokers.
Comparing the range of investments at MultiBank and FXGT.com, both brokers let you trade forex either as CFDs or spot. MultiBank lists far more total instruments (1,042 vs 117 at FXGT.com), while FXGT.com offers more currency pairs (53 vs 40 at MultiBank). Neither broker provides access to exchange-traded U.S. or international shares, and both support copy trading.
For crypto, MultiBank stands out by offering both actual (delivered) cryptocurrencies and crypto CFDs, whereas FXGT.com only offers crypto CFDs. Reflecting this breadth, ForexBrokers.com rates MultiBank 4 stars for Range of Investments and ranks it 38th out of 63 brokers, while FXGT.com holds 3 stars and ranks 62nd. In short, choose MultiBank if you want a wider selection and access to real crypto, or FXGT.com if you prioritize a focused list of forex pairs.
| Feature |
MultiBank
|
FXGT.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1042 | 117 |
| Forex Pairs (Total) | 40 | 53 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | Yes | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
MultiBank and FXGT.com both cover the essentials for trading platforms and tools. Each supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), offers a Windows desktop download and a web-based platform, enables trading directly from charts, and includes copy trading. Both brokers also provide free paper trading via demo accounts. The main difference is that MultiBank adds a proprietary, in-house platform to its lineup, while FXGT.com sticks to third-party platforms.
Both are rated 4 out of 5 stars for Trading Platforms and Tools. In category rankings out of 63 brokers, MultiBank sits at #40, while FXGT.com is #57. The number of built-in technical indicators and watchlist columns is not specified for either broker. If you want an in-house platform on top of MT4 and MT5, MultiBank is the better fit; if you only need MetaTrader with web and desktop access, both brokers will meet your needs and include copy trading and demo accounts.
| Feature |
MultiBank
|
FXGT.com
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 38 | 37 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
MultiBank and FXGT.com both offer fully featured mobile trading apps for iPhone and Android. Each app includes price alerts, 30 technical indicators, trendline drawing, and automatic saving of chart annotations—handy for traders who analyze stock and forex charts on the go. The key difference is watchlists: FXGT.com lets you sync watchlists between your mobile app and online account, while MultiBank does not, which may matter if you switch devices often.
In independent reviews, MultiBank’s mobile app earns 4 stars and ranks #42 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com. FXGT.com scores 3.5 stars and ranks #59. If synced watchlists are a priority, FXGT.com has the edge; if you prefer slightly higher ratings and rankings, MultiBank is the safer bet.
| Feature |
MultiBank
|
FXGT.com
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing the market research features of online brokers MultiBank and FXGT.com shows some clear differences. Neither broker provides daily market commentary, but both include an economic calendar for upcoming events. MultiBank stands out by offering forex news from top-tier sources such as Bloomberg or Reuters, while FXGT.com does not. In overall research scores from ForexBrokers.com, MultiBank earns 3.5 stars (ranked #50 of 63), whereas FXGT.com earns 3 stars (ranked #57 of 63).
When it comes to research tools, neither broker integrates Autochartist or Trading Central. FXGT.com offers a sentiment-based trading tool that displays long vs. short positioning, which MultiBank lacks. TipRanks research is not available at MultiBank and is not specified for FXGT.com. Tools from Acuity Trading are not offered by FXGT.com and are not specified for MultiBank. In short: choose MultiBank if top-tier forex news is important to you, or consider FXGT.com if you want a built-in sentiment gauge alongside a standard economic calendar.
| Feature |
MultiBank
|
FXGT.com
|
|---|---|---|
| Daily Market Commentary (Articles) | No | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central | No | No |
| Client sentiment data | No | Yes |
| TipRanks | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginner traders comparing education at MultiBank and FXGT.com, MultiBank stands out for video learning: it offers at least 10 beginner-focused trading videos, while FXGT.com does not meet that mark. Neither broker schedules monthly client webinars, and both fall short of providing 10+ advanced trading videos. If you prefer structured, video-based introductions to forex and CFDs, MultiBank is the more supportive starting point.
Independent ratings back this up: MultiBank scores 3.5 out of 5 for education and ranks 50th out of 63 brokers on ForexBrokers.com, while FXGT.com scores 3 out of 5 and ranks 61st. Both brokers may include other learning materials like articles or guides, but the key difference for beginners is MultiBank’s larger set of entry-level video lessons. If live classes or advanced video libraries are must-haves, you may need to supplement with third-party resources.
| Feature |
MultiBank
|
FXGT.com
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that MultiBank is better than FXGT.com. MultiBank finished with an overall rank of #40, while FXGT.com finished with an overall rank of #59.
MultiBank Group, in operation since 2005, is home to numerous global brands and regulated in jurisdictions all over the world. A multi-asset broker, MultiBank offers forex and CFDs through the MetaTrader and cTrader platform suites (though not all markets are readily available) as well as underlying crypto assets via its regulated crypto exchange. On the negative side, the broker’s market research offering is unimpressive and educational content is entirely absent; MultiBank’s poor performance in these important categories drags down its Overall rating.
| Feature |
MultiBank
|
FXGT.com
|
|---|---|---|
| Overall Rating |
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| Trust Score | 84 | 69 |
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Online broker comparison: MultiBank lets traders buy actual (delivered) cryptocurrency as well as cryptocurrency CFDs, whereas FXGT.com offers cryptocurrency CFDs only and does not provide the option to purchase actual (delivered) coins.
MultiBank vs FXGT.com: both brokers support ACH/SEPA transfers for deposits and withdrawals, while the availability of PayPal, Skrill, Visa/Mastercard, and bank wire options is not specified.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | MultiBank | FXGT.com | |
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| Trust Score | 84 | 69 | |
| Winner | check_circle | ||
| Review | MultiBank Review |
| Broker Screenshots | MultiBank | FXGT.com | |
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| Regulation | MultiBank | FXGT.com | |
|---|---|---|---|
| Trust Score | 84 | 69 | |
| Year Founded | 2005 | 2019 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 2 |
| Tier-1 Licenses (Highly Trusted) | MultiBank | FXGT.com | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | ||
| Canada (CIRO Authorised) | No | ||
| Hong Kong (SFC Authorised) | No | ||
| Japan (SFC Authorised) | No | ||
| Singapore (MAS Authorised) | Yes | ||
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | ||
| USA (CFTC Authorized) | No | ||
| New Zealand (FMA Authorised) | No | ||
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | MultiBank | FXGT.com | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | ||
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | ||
| India (SEBI Authorised) | No | ||
| Jordan (JSC Authorised) |
| Investments | MultiBank | FXGT.com | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1042 | 117 | |
| Forex Pairs (Total) | 40 | 53 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | Yes | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | MultiBank | FXGT.com | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | MultiBank | FXGT.com | |
|---|---|---|---|
| Minimum Deposit | $50 | $5 | |
| PayPal (Deposit/Withdraw) | |||
| Skrill (Deposit/Withdraw) | |||
| Bank Wire (Deposit/Withdraw) | |||
| Non-wire bank transfer | Yes | Yes |
| Trading Platforms | MultiBank | FXGT.com | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | MultiBank | FXGT.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 38 | 37 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | MultiBank | FXGT.com | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | MultiBank | FXGT.com | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central | No | No | |
| TipRanks | No | ||
| Client sentiment data | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | MultiBank | FXGT.com | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | MultiBank | FXGT.com | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | MultiBank Review |
| Overall | MultiBank | FXGT.com | |
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| Trust Score | 84 | 69 | |
| Winner | check_circle | ||
| Review | MultiBank Review |
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