8 minute read
Exness vs MultiBank: Which Forex Broker Should You Choose in 2025?
from Exness
by Exness Blog
If you’re diving into forex trading and wondering whether Exness or MultiBank is the better pick, you’re not alone. Choosing the right broker can make or break your trading experience, and both Exness and MultiBank have their fans. So, which one suits your needs? In this article, I’ll break down the key differences between Exness and MultiBank in a straightforward. We’ll look at regulation, fees, platforms, account types, and more to help you decide. By the end, you’ll have a clear picture of which broker aligns with your trading goals.
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Why This Comparison Matters
Forex trading is a high-stakes game, and your broker is your gateway to the markets. Exness and MultiBank are two well-known names in the industry, but they cater to slightly different audiences. Exness is celebrated for its competitive spreads and massive trading volume, while MultiBank is often praised for its diverse account types and global reach. Let’s dive into the details to see how they stack up.
Regulation and Trustworthiness
First things first: is your money safe? Both brokers are regulated, but their credentials differ.
Exness is a heavyweight in the forex world, regulated by top-tier authorities like the UK’s Financial Conduct Authority (FCA) and Cyprus’s CySEC. It also holds licenses in other regions, like the Seychelles and South Africa, making it a global player. With over $4 trillion in monthly trading volume and more than a million active clients, Exness has built a reputation for reliability. Its transparency, fast withdrawals, and compliance with strict regulations make it a solid choice for traders who prioritize security.
MultiBank, on the other hand, has a more complex regulatory picture. It’s regulated by bodies like the Australian Securities and Investments Commission (ASIC) and the FCA, but some sources raise concerns about “suspicious clone” licenses, particularly with MultiBankFX. This doesn’t mean MultiBank is untrustworthy, but it’s something to keep an eye on. Its regulatory score on some platforms is lower, around 1.42/10, which might give cautious traders pause.
Verdict: Exness takes the lead here with stronger, more transparent regulation and a higher trust score (8.7/10 from Traders Union). If safety is your top concern, Exness is likely the safer bet.
Fees and Spreads
Let’s talk money—specifically, how much trading will cost you.
Exness is known for its competitive pricing. It offers variable spreads starting as low as 0.0 pips on its Raw Spread and Zero accounts, though these come with a commission (up to $3.50 per side per lot). The Standard account, ideal for beginners, has no commissions and spreads starting at 0.3 pips. Exness also stands out for its low non-trading fees, with free deposits and withdrawals in most cases. This makes it a cost-effective choice for high-frequency traders and newbies alike.
MultiBank also offers variable spreads, but specific spread data is harder to pin down as they don’t always publish this information transparently. Like Exness, MultiBank provides accounts with low spreads (starting at 0.0 pips on ECN Pro accounts), but commissions can vary depending on the account type. MultiBank does charge inactivity fees, which could sting if you’re not trading regularly. They also offer bonuses, like a 20% deposit bonus, but these come with strict trading volume requirements that might not suit everyone.
Verdict: Exness wins for transparency and lower overall costs, especially for beginners or traders who value predictable fees. MultiBank’s bonuses might appeal to some, but the lack of clear spread data and potential inactivity fees are drawbacks.
Trading Platforms
Your trading platform is your toolbox, so it needs to be reliable and user-friendly.
Exness supports the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5), alongside its proprietary Exness Trade app and Exness Terminal. These platforms are packed with features like one-click trading, trailing stops, and pending orders. The Exness Terminal integrates TradingView charts and Trading Central analysis, which is a big plus for traders who rely on technical tools. Whether you’re a beginner or a pro, Exness’s platforms are intuitive and customizable.
MultiBank also offers MT4 and MT5, along with a web trader, social trading platform, and mobile app. Like Exness, it supports one-click trading, trailing stops, and pending orders. MultiBank’s platforms are solid, but they don’t seem to offer anything unique beyond what Exness provides. Some users have noted that MultiBank’s mobile app can be less responsive during volatile market conditions, which could be a concern for active traders.
Verdict: It’s a close call, but Exness edges out slightly with its proprietary platforms and seamless integration of advanced tools like TradingView. Both brokers offer MT4 and MT5, so you can’t go wrong either way if you stick to these.
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Account Types
Different traders need different accounts, so let’s see how these brokers cater to various styles.
Exness offers a range of accounts to suit everyone:
Standard Account: No commissions, spreads from 0.3 pips, $10 minimum deposit. Perfect for beginners.
Standard Cent Account: Ideal for newbies testing small trades with micro-lots.
Raw Spread Account: Tight spreads (from 0.0 pips) with a commission, $200 minimum deposit.
Zero Account: Zero spreads on major pairs, but with a commission. Great for scalpers.
Pro Account: Low spreads and no commissions for high-volume traders.
Exness also offers unlimited leverage (up to 1:2000 in some regions), which is a double-edged sword—great for maximizing profits but risky if mismanaged. Islamic (swap-free) accounts are available for all types.
MultiBank provides three main account types:
Maximus: Low spreads, $50 minimum deposit, suited for beginners.
MultiBank Pro: Tighter spreads, $1,000 minimum deposit, for more experienced traders.
ECN Pro: Ultra-low spreads with commissions, $5,000 minimum deposit, aimed at pros.
MultiBank’s accounts are decent, but the higher minimum deposits for advanced accounts might deter some traders. Their leverage is also high but capped at 1:500 in some regions, which is less aggressive than Exness.
Verdict: Exness offers more flexibility with lower minimum deposits and a wider variety of account types. MultiBank’s accounts are solid but less beginner-friendly due to higher deposit requirements.
Tradable Instruments
Diversifying your portfolio? Here’s what each broker offers.
Exness provides a robust selection: forex, CFDs on stocks, commodities, indices, metals, energies, and cryptocurrencies. With over 100 currency pairs and a growing crypto offering, Exness is ideal for traders looking to explore multiple markets.
MultiBank claims to offer over 1,000 instruments, including forex, CFDs, gold, silver, crypto, and shares. While this sounds impressive, the actual range feels similar to Exness in practice, with no standout advantage.
Verdict: It’s a tie. Both brokers offer a wide range of instruments, so your choice depends on specific assets you want to trade.
Customer Support
Good support can save you when things go wrong.
Exness provides 24/7 support via live chat, email, and phone, with a reputation for quick and helpful responses. Traders praise the multilingual support and fast resolution of issues like withdrawals.
MultiBank offers support through similar channels, but some reviews mention slower response times, especially during peak trading hours. There’s less feedback available on MultiBank’s support quality, which could indicate inconsistency.
Verdict: Exness takes the win for responsive, reliable customer service.
Education and Research
New to trading? You’ll want resources to level up.
Exness offers a decent mix of educational content through its blog and YouTube channel, covering beginner to advanced topics like algorithmic trading and Fibonacci retracements. Trading Central and FXStreet provide real-time market analysis, which is a big plus for active traders. However, Exness could expand its webinars and courses for a more robust offering.
MultiBank lags in this area. While it provides some basic resources, there’s little mention of in-depth educational tools or third-party analysis like Trading Central. This makes it less appealing for beginners or traders seeking ongoing learning.
Verdict: Exness is the clear winner for education and research tools.
Who Should Choose Exness?
Exness is ideal if you:
Want a highly regulated broker with a strong track record.
Prefer low-cost trading with transparent spreads and no hidden fees.
Need flexible account types with low minimum deposits.
Value advanced platforms and robust research tools.
Who Should Choose MultiBank?
MultiBank might suit you if:
You’re interested in their bonus programs (but read the fine print!).
You’re an experienced trader comfortable with higher minimum deposits.
You want a broker with a broad instrument range and don’t mind less transparent regulation.
Final Thoughts
Both Exness and MultiBank are reputable brokers, but Exness stands out as the stronger choice for most traders in 2025. Its top-tier regulation, low fees, flexible accounts, and superior research tools make it a reliable pick for beginners and pros alike. MultiBank is a solid alternative, especially for those drawn to its bonuses or specific account types, but its regulatory concerns and less transparent pricing hold it back.
Ultimately, your choice depends on your trading style, risk tolerance, and priorities. If you’re still on the fence, try a demo account with both brokers to test their platforms firsthand.
✅ Trade with Exness now: Open An Account or Visit Brokers 👈
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