Independent broker research
027Vol. IVJuly 10, 2026
Independent broker research

Broker comparison

FxPro vs MultiBank Group

FxPro and Multibank Group both serve traders across multiple regions, which means the account you would actually receive depends heavily on where you live and which entity onboards you. This page does not pick a winner. Instead, it gives you a repeatable verification checklist so you can compare both brokers on the points that matter for your own situation: costs, regulation, platforms and account terms. Use the Fxpro review and Multibank Group review pages on InvestorTrip for the full review fields, and the compare broker tool to line the two up side by side, then confirm everything against each broker's current official documents.

FxPro vs MultiBank Group cover image

FxPro

Current broker data

Review
Rating
4.8 / 5
Minimum deposit
$100
Regulator labels
FCA, CySEC, FSCA, SCB +1
Markets listed
Forex, CFDs on Indices, CFDs on Energies, CFDs on Metals, Shares +1
Editorial status
No current notice

MultiBank Group

Current broker data

Review
Rating
4.4 / 5
Minimum deposit
$50
Regulator labels
ASIC, AUSTRAC, BAFIN, CIMA +10
Markets listed
Forex, CFDs on Metals, CFDs on Shares, CFDs on Indices, CFDs on Commodities +1
Editorial status
Editorial notice

Editorial notice

MultiBank Group and MEX Exchange both operate under ASIC license 416279, held by MEX Australia Pty Ltd (issued 20 March 2012; ACN 155 084 058; registered in Sydney NSW). These two brokers are corporate-linked under shared regulatory coverage rather than independent alternatives.

How to read this comparison

The facts below come from InvestorTrip's current broker database and linked review pages. They are a screening aid, not a claim that a broker is available, cheaper or safer for every country, account type or legal entity.

Step 1: Build a like-for-like cost comparison

A meaningful cost comparison between FxPro and Multibank Group requires more than glancing at headline spreads. Each broker may offer several account types with different pricing models, and figures can vary by entity and region. Download or view the current fee and account schedules from both brokers, then calculate the total cost of your typical trade under each pricing model, combining spread, commission and any financing charges. Repeat the calculation for the two or three instruments you trade most, since relative costs can differ across markets. Finally, factor in non-trading fees, which matter more the less often you trade.

Key checks: Convert spread and commission into a single total cost per trade for your usual position size.; Compare the same account type category at both brokers, not a spread-only account against a commission account.; Review deposit, withdrawal, inactivity and currency conversion fees.; Check overnight financing rates if your positions are held beyond intraday..

Step 2: Verify the regulated entity you would trade with

Both brokers operate through more than one legal entity, and the protections that apply to your account depend on the specific entity, not the group brand. Before comparing regulation, work out which entity of FxPro and which entity of Multibank Group would accept clients from your country. Then check that entity's licence on the named regulator's official register, and read the client agreement to understand fund handling, leverage limits and any negative balance protection. Marketing pages summarise group-level credentials; only the entity-level agreement tells you what applies to you.

Key checks: Identify the onboarding entity for your country at each broker before comparing anything else.; Look up each entity's licence number on the relevant regulator's public register.; Read the entity-specific client agreement for fund segregation and negative balance terms.; Confirm the leverage caps and product restrictions that apply in your jurisdiction..

Step 3: Test platforms and account workflows before funding

Platform lineups, instrument ranges and account features change, so verify current availability on each broker's own site rather than relying on third-party summaries. Decide what you need first: a specific platform, particular markets, order types, or a minimum deposit level you are comfortable with. Where demo accounts are offered, open one at each broker and run your actual trading routine, including chart setups, order placement and any automation you use. Also rehearse the administrative side: read the identity verification requirements and the withdrawal process, since these determine how smoothly you can access your funds later.

Key checks: Confirm platform and instrument availability with each broker directly for your account type.; Run your real workflow on demo accounts where available before depositing.; Review the withdrawal procedure, processing terms and required documents in advance.; Check minimum deposit and base currency options for your region..

Verdict

No universal winner can be named between FxPro and Multibank Group. Work through the checklist above, read the full Fxpro review and Multibank Group review pages, use the compare broker tool for a side-by-side view, and confirm current fees, regulation and account terms directly with each broker before you decide.