MultiBank Group vs XM 2026: which is better?
We compared MultiBank Group and XM on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- MultiBank Group holds 3 licences from strong regulators, against 0 for XM.
- MultiBank Group offers Web Trader, which XM does not.
- The minimum deposit at XM is $5, against $50 at MultiBank Group.
Comparison table
| Comparison table |
MultiBank Group
Broker
|
XM
Broker
|
|---|---|---|
| Licences | ASIC, MAS, BaFin, CySEC, CMA, FMA (AT), FSA, FSC (VG), VFSC, CIMA, FSC (MU) Best | FSC |
| Minimum deposit | $50 | $5 Best |
| Maximum leverage | 1:1000 | 1:1000 |
| Trading platforms | MetaTrader 4, MetaTrader 5, Web Trader, Mobile App, MB Trader | MetaTrader 4, MetaTrader 5, Mobile App, XM App |
| Markets | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices | Forex, Stocks, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) |
| Islamic account | ✓ Yes | ✓ Yes |
| Demo account | ✓ Yes | ✓ Yes |
| Copy trading | ✓ Yes | ✓ Yes |
| Founded | 2005 | — |
| Headquarters | United Arab Emirates | — |
| Read the review | Read the review |
Data is for information only and may change; always check the official website before opening an account.
Add a third broker to the comparison
Choose MultiBank Group if you
- want more licences from strong regulators
- use Web Trader
Choose XM if you
- want to start with less money
Frequently asked questions
Which is better, MultiBank Group or XM?
We compared MultiBank Group and XM on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. MultiBank Group holds 3 licences from strong regulators, against 0 for XM. MultiBank Group offers Web Trader, which XM does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are MultiBank Group and XM regulated?
MultiBank Group licences: CySEC, ASIC, FSA, MAS, CMA, FSC (VG), VFSC, BaFin, CIMA, FSC (MU), FMA (AT). XM licences: FSC.
What is the minimum deposit at MultiBank Group and XM?
MultiBank Group: $50. XM: $5.
Do MultiBank Group and XM offer an Islamic account?
MultiBank Group: Yes. XM: Yes.