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MultiBank Group vs Phoenixmarkets

Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.

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Safer pick MultiBank Group leads on safety — winning 4 of 6 trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
MultiBank Group Forex
20/100 risk
🇨🇾 Cyprus
Read review →
Phoenixmarkets Forex
11/100 risk
🇨🇾 Cyprus
Read review →
Safety & Trust
Scam-risk score lower = safer
20
11
Verdict
Low risk
Low risk
Regulated
Yes
Yes
Licenses
8
1
Tier-1 regulators
4
1
Trustpilot score
4.3
2.4
Reviews collected
1051
115
Exit risk lower = safer
Severe
Known clones
6
1
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$50
Max leverage
1:500
Min spread (best acct)
from 0.8
Commission
Cost grade
Account types
2
0
Best for
Suits
Regulation-savvy traders seeking multiple licences, Traders who prioritise low spreads and fast execution, Clients in Asia-Pacific with local language support
Experienced traders who can handle high-pressure account management, Traders seeking a regulated broker with fast execution and good support
Not for
Traders sensitive to withdrawal delays or denials, Those relying on bonus promotions, Traders looking for transparent profit payout policies
Inexperienced or vulnerable traders prone to upselling, Traders who prioritize low-pressure relationship management
Products & Funding
Instruments
Currency pairs (major, minor, and foreign currencies), precious metals, commodities, stocks, indices, cryptocurrencies
Deposit methods
Withdrawal
Execution
Speed
Slippage
Swap cost
Company
Founded
2017-09-08
2021-04-01
Headquarters
🇨🇾 Cyprus
🇨🇾 Cyprus
Employees
0
0

✓ = stronger value on that row · good · caution · weak · "—" = not yet collected. Independent scoring, never for sale.

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