Side-by-side broker analysis
IC Markets vs MultiBank Group
Live comparison from our broker database — regulation, trading costs, platforms, deposits, safety scores, and service quality.
MultiBank Group
Lowest min. deposit
MultiBank Group
$50
Highest rating
IC Markets
5.0/5
Best safety score
MultiBank Group
79/100
MultiBank Group leads this comparison based on leads on rating, safety, regulation, and overall trading profile in our database.
Category scores
Editorial scores out of 10 — higher is better.
Fees & costs
IC Markets
—
MultiBank Group
7.0
Safety & regulation
IC Markets
—
MultiBank Group
8.0
Platforms
IC Markets
—
MultiBank Group
9.0
Deposits & withdrawals
IC Markets
—
MultiBank Group
7.0
Customer support
IC Markets
—
MultiBank Group
8.0
Education
IC Markets
—
MultiBank Group
6.0
More comparisons
Overview
| Metric |
IC Markets
|
MultiBank Group
|
|---|---|---|
| Overall rating | 5.0/5 | 4.5/5 |
| Safety score | 43/100 | 79/100 |
| Risk status | High Risk | Safe Broker |
| Trust score | — | 78 |
| User reviews | 1 | — |
| Founded | — | 2005 |
| Headquarters | IC Markets operates globally, with entities regulated in Australia, Cyprus, and Seychelles. | Global (HQ relocated to Dubai; offices in Cyprus, Australia, UAE, etc.) |
| Top feature | Offers ultra-low spreads from 0.0 pips with fast execution speeds. | Established in 2005, MultiBank Group offers multiple trading account options, MT4 and MT5 access, and a broad selection of forex and CFD markets. Its Standard, Pro, and ECN account options cater to different trading preferences, from commission-free spread-based pricing to raw spreads with a separate commission. Account requirements and protections vary by jurisdiction, so traders should confirm the terms that apply to their registered entity. |
Regulation & Safety
| Metric |
IC Markets
|
MultiBank Group
|
|---|---|---|
| Regulators | — | ASIC, CySEC, BaFin, MAS, FSA |
| Regulatory tier | — | Tier 2 |
| Broker type | Unregulated | Regulated |
| Investor protection | No | No |
| Segregated funds | Yes | Yes |
| Negative balance protection | No | No |
Trading Conditions
| Metric |
IC Markets
|
MultiBank Group
|
|---|---|---|
| Minimum deposit | $200 | $50 |
| Average spreads | Starts from 0.0 | From 0.0 pips (ECN); account-dependent |
| Commission | None | Standard: $0; Pro: $0; ECN: verify current rate |
| Maximum leverage | 1:500 | 1:500 |
| Fee level | Medium | Medium |
| Withdrawal fee | — | Verify current policy; intermediary fees may apply |
Accounts & Markets
| Metric |
IC Markets
|
MultiBank Group
|
|---|---|---|
| Account types | Standard Account, Raw Spread Account | Standard, Pro, ECN |
| Tradable instruments | — | — |
| Markets | — | forex, stocks, crypto, indices, commodities |
Platforms & Tools
| Metric |
IC Markets
|
MultiBank Group
|
|---|---|---|
| Trading platforms | — | MetaTrader 4, MetaTrader 5 |
| Mobile trading | Yes | Yes |
| Web trader | Yes | Yes |
| VPS hosting | Yes | Yes |
| Social trading | Yes | Yes |
Deposits & Withdrawals
| Metric |
IC Markets
|
MultiBank Group
|
|---|---|---|
| Deposit methods | IC Markets supports deposits via Bank Wire, Credit/Debit Cards, PayPal, Skrill, Neteller, UnionPay, FasaPay, Crypto, and Local Bank Transfers. Most are instant, while bank wires take 2-5 days. No deposit fees, but third-party charges may apply. | Different Payment Methods to Fund For a fast and simple way to fund your trading account, choose one of the payment methods below. Instant Payments Deposit instantly with credit or debit card. We also accept a range of secure online payment channels that will vary according to your country. Bank Transfer Covering a wide range of credit transfers, including cash payments and wire transfers to local banks. Crypto Payments Deposit crypto instantly from your wallet using BTC, USDT ERC20 or USDT TRC20. SEPA You can deposit funds within the Eurozone. The minimum amount for SEPA is €250. |
| Withdrawal methods | IC Markets offers withdrawals via Bank Wire, Credit/Debit Cards, PayPal, Skrill, Neteller, UnionPay, FasaPay, Crypto, and Local Bank Transfers. Processing times vary, with most methods taking 1-2 business days. No withdrawal fees, but third-party charges may apply. | Withdrawal requests are submitted through the broker's client area using the payment methods available to the account. Processing times and eligibility requirements vary by payment provider and jurisdiction. The broker may require identity verification and may apply payment-method matching or other compliance procedures. Bank, intermediary, and payment-provider fees may apply even when the broker does not charge an internal withdrawal fee. |
| Payment methods | Bank Wire Transfer, Credit/Debit Cards, PayPal, Skrill, Neteller, UnionPay, FasaPay, Broker to Broker Transfer. | MultiBank Group offers multiple funding options, which may include bank transfers, card payments, cryptocurrency, SEPA transfers, and regional payment providers, depending on the client's location and registered entity. Available withdrawal methods, transaction fees, processing times, and supported currencies should be confirmed through the official MyMultiBank client portal. Payment availability and conditions may vary by jurisdiction and payment provider. |
Support & Service
| Metric |
IC Markets
|
MultiBank Group
|
|---|---|---|
| Support channels | 24/7 support via live chat, email, and phone. | MultiBank Group provides customer support for account-related questions, trading-platform assistance, funding and withdrawal enquiries, and general service information. Clients should use the contact channels listed on the official website or within their verified client portal. Support availability, languages, and operating hours may vary by region and entity. |
| Languages | English, Simplified Chinese, Thai, Indonesian, Korean, German, French, Spanish, Vietnamese, Russian, Arabic, Italian, Bulgarian, Croatian, Traditional Chinese. | English, Spanish, Chinese, Arabic, Russian, German, French, Portuguese, and more |
| Account managers | Yes | Yes |
Category scores
| Metric |
IC Markets
|
MultiBank Group
|
|---|---|---|
| Fees & costs | — | 7.0/10 |
| Safety & regulation | — | 8.0/10 |
| Platforms | — | 9.0/10 |
| Deposits & withdrawals | — | 7.0/10 |
| Customer support | — | 8.0/10 |
| Education | — | 6.0/10 |
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