Compare forex brokers MultiBank VS Capitalxp

If you're choosing between MultiBank and Capitalxp forex brokers, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. Is MultiBank better than Capitalxp? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.

MULTIBANK VS CAPITALXP

CapitalXP
CapitalXP Overview

CapitalXP is a newly established Forex and CFD broker based on Saint Vincent and the Grenadines

MultiBank
MultiBank Overview

Multibank Group is a broker that offers trading of FX, Share CFDs, Metals and Cryptocurrencies, across a range of proprietary platforms that bridge to the MT4 platform.

# Broker's Features MULTIBANK Availability CAPITALXP Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare MultiBank vs Capitalxp.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. MultiBank offers Online Financial Trading and Investment Services Such as Forex, Metals, Shares, Indices, Commodities, Crypt, while Capitalxp offers Currencies, Commodities, Indices, Stocks, Bonds.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. MultiBank is ECN Broker, while Capitalxp is Dealing Desk, STP.

Minimum Deposit Requirement: To compare these two FX brokers, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. MultiBank recommended minimum capital is 50, while Capitalxp has a Minimum Deposit Requirement of .

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. MultiBank is regulated by ASIC, BaFin, FMA, CNMV, FSC, CIMA, RAK, while Capitalxp regulated by Not regulated. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Account currencies: Next lets consider the Account currencies each broker offers. MultiBank offers USD, GBP, EUR, JPY, CHF, AUD, NZD, CAD different account currencies for each account types, while Capitalxp offers account currencies.

Languages Available: Next lets have a look at each broker's different Language options. MultiBank offers English, Spanish, Italian, French, German, Portugu, while Capitalxp offers English Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. MultiBank offers Credit/Debit Cards, bank wire, Skrill, Neteller, Pay Trus different payment methods for each account types, while Capitalxp offers Credit/Debit Cards, Bank Wire Transfer, QIWI payment methods.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, MultiBank makes MT4, MT5, WebTrader available to clients, while Capitalxp offers MT4.

The Verdict: MultiBank or Capitalxp?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, MultiBank is more reliable based on our criteria above. Only MultiBank offers demo account, allowing you to test their platform to see which is suitable for you. Regulations play a huge role in protecting the traders/investors interest as they compel the financial service providers such as forex brokers to act in a fair and ethical manner. MultiBank broker is regulated in more major hubs. MultiBank offers a wider range of platforms making it easier for the traders to choose one that matches their needs most. MultiBank offers a wider range of Account currencies. Why does base currencies matter? Because if you fund your account in the same currency as your bank account, currency conversion fees won't be charged. Customer service in your national language might not be a major concern for traders based in English-speaking countries, but it is a defining requirement for traders from other regions such as Asia and South America. MultiBank has a wider range of languages in which customer service is offered making the broker more accessible. One of the criteria we looked at before opening an account on a forex broker is the minimum deposit amount. MultiBank broker offers lower minimum deposit requirement.

Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.

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