BrokerDNA

The BROKERDNA score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers.

This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here.

Investors Intelligence
0 /10

The BROKERDNA score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers.

This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here.

VISIT INVESTORS INTELLIGENCE
MultiBank Group
8.6 /10

The BROKERDNA score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers.

This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here.

VISIT MULTIBANK GROUP
XTB
10 /10

The BROKERDNA score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers.

This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here.

VISIT XTB
About

Investors Intelligence is regulated by the Financial Conduct Authority. Investors Intelligence have provided Forex trading services since 1947.

MultiBank Exchange Group is regulated by the Financial Conduct Authority and ASIC. MultiBank Exchange Group have provided Forex, Spread betting, CFD trading services since 2005.

XTB is regulated by the Financial Conduct Authority. XTB have provided Forex, CFD, and social trading services since 2002.

Why choose them?
  • Yes Over 71 years in business
  • Yes Segregates clients funds
  • Yes Regulated by Financial Conduct Authority
  • Yes Over 13 years in business
  • Yes Segregates clients funds
  • Yes Regulated by Financial Conduct Authority and ASIC
  • Yes Over 16 years in business
  • Yes Segregates clients funds
  • Yes Regulated by Financial Conduct Authority, KNF, and CMB.
Headquarters London, UK USA Level 34, One Canada Square, Canary Wharf, E14 5AA, London, UK

TRADING SERVICES OFFERED

Spot Forex Yes Yes Yes
Forex (CFD) Yes No Yes
CFD Yes No Yes
Spread Betting Yes No No
Social Trading No No No
MARKETS & INSTRUMENTS
Forex (currency pairs) 66 45 48
Commodities Offered 10 4 21
Stocks Offered 1000 1606
Bitcoin No Yes Yes
Majors Yes Yes Yes
Indices Yes Yes Yes
US Stocks Yes Yes Yes
Penny stocks No No Yes
Energies No Yes Yes
Metals Yes Yes Yes
Agriculturals Yes Yes Yes
FTSE Yes Yes Yes
Dow Jones Yes Yes Yes
Dax Yes Yes Yes
Nikkei Yes No Yes
ETFs No No Yes
IPO No No Yes
See all instruments

Losses can exceed deposits

See all instruments

Losses can exceed deposits

See all instruments

Losses can exceed deposits

PLATFORM & FEATURES

See the platforms and features offered by each broker

Screenshot image image image
MT4 No Yes Yes
MT5 No No No
MT4 Mac No No Yes
WebTrader Yes No Yes
Mirror Trader No No Yes
ZuluTrade No No No
Sirix No No No
cTrader No No No
PAMM No Yes No
Custom Platforms Investors Intelligence Spread Betting trading app Pure ECN PRO, MAXIMUS-MT4 Xstation5

APPS

iOS image Yes Yes Yes
Android image Yes Yes Yes
Windows image No Yes Yes
Available Languages

English

English,Russian,Spanish,Arabic,Chinese,Italian,andPolish,German

English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, Turkish, Arabic, and Russian.

See platform & features

Losses can exceed deposits

See platform & features

Losses can exceed deposits

See platform & features

77% of retail investor accounts lose money when trading CFDs with this provider.

ACCOUNT INFORMATION

From micro accounts to ECN accounts, compare the accounts offered by Investors Intelligence and MultiBank Group

Demo account Yes Yes Yes
Mini account No No Yes
Micro account No Yes Yes
Standard account Yes Yes Yes
ECN Account Yes Yes No
Islamic account No Yes Yes
Zero spread account No No No
VIP account No Yes Yes
Fixed spreads Yes Yes Yes
Variable spreads Yes Yes Yes
See account options

Losses can exceed deposits

See account options

Losses can exceed deposits

See account options

77% of retail investor accounts lose money when trading CFDs with this provider.

TRADING CONDITIONS

Scalping No Yes Yes
Hedging Yes Yes Yes
Expert advisors (EAs) No Yes Yes
Virtual private server No Yes No
Direct market access Yes Yes Yes
STP broker Yes No Yes
Market maker Yes Yes Yes
Min trade £1 per point 0.01 Lot 0.01 Lot
Max trade None None 100 Lot
Min deposit $1 $50 $1

RISK MANAGEMENT

Stop losses No Yes Yes
Limit orders Yes Yes Yes
One-click trading Yes Yes Yes
Trailing stops No Yes Yes
Price alerts Yes Yes Yes
Signal trading No No Yes

FUNDING METHODS

Credit card Yes Yes Yes
Bank transfer Yes Yes Yes
Standard account Yes Yes Yes
Paypal No No Yes
Neteller No Yes Yes
Skrill No Yes Yes
Payment processing time Varies 1 business day Same day if requested before 1PM
Withdrawal processing time Varies 1 business day Same day if requested before 1PM
See all funding options

Losses can exceed deposits

See all funding options

Losses can exceed deposits

See all funding options

77% of retail investor accounts lose money when trading CFDs with this provider.

DETAILED INFO

Excluded countries US US US,IN,PK,BD,IQ,IR,IL,AF,AU,CA
Contact email Send Email Send Email Send Email
Phone number 0207 349 2141 852 800906980 44 2036953085
Live Chat No Yes Yes
Website http://www.investorsintelligence.co.uk/ https://www.mexgroup.com www.xtb.com
Spreads:
EUR/USD (Average: 0.7 pips) 0.1 pips 0.8 pips 0.1 pips
GBP/USD (Average: 1.1 pips) 0.1 pips 1.0 pips 0.1 pips
USD/JPY (Average: 1.1 pips) 0.1 pips 0.9 pips 0.1 pips
AUD/USD (Average: 0.8 pips) 0.1 pips 0.9 pips 0.2 pips
USD/CHF (Average: 2.3 pips) 0.1 pips 1.0 pips 0.2 pips
USD/CAD (Average: 2.9 pips) 0.1 pips 1.3 pips 0.3 pips
NZD/USD (Average: 3.6 pips) 0.1 pips 2.3 pips 0.3 pips
EUR/GBP (Average: 2.4 pips) 0.1 pips 1.5 pips 0.1 pips
View all spreads

Losses can exceed deposits

View all spreads

Losses can exceed deposits

View all spreads

77% of retail investor accounts lose money when trading CFDs with this provider.

FEES

Inactivity Fee No No No
Commission No No Yes
Deposit Fee Varies No No
Withdrawal Fee No No No
View All Fees

Losses can exceed deposits

View All Fees

Losses can exceed deposits

View All Fees

77% of retail investor accounts lose money when trading CFDs with this provider.

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Last update

All information collected from http://www.investorsintelligence.co.uk/. Last updated on 01/08/2019.

All information collected from https://www.mexgroup.com. Last updated on 01/08/2019.

All information collected from www.xtb.com. Last updated on 01/08/2019.

Company

Investors Intelligence is a broker that is leading the way in research and data and is one of the only spread betting and derivatives trading providers that provide daily trading signals to help their traders make the most informed trading decisions.

Since 1947 they have been a leading provider of trading intelligence and their proprietary indicators are often used in the most respected publications including The FT, Barrons, The Wall Street Journal, CNBC, NY Times and Market Watch. They have been pioneers in investment reporting and paved the way for the use of point & figure charting in the 1950s and have set the industry standard in many analytical tools including the NYSE Bullish %.

As a leading source of independent analysis on the financial markets Investors Intelligence is a trusted source of information and a trusted service provider of spread betting and derivatives, especially for experienced traders looking for extra market analysis tools and resources.

For more information about trading with Investors Intelligence, we have put together an indepth Investors Intelligence review with all the pros and cons about this broker.

MultiBank Exchange Group is an online forex trading service provider who are regulated by the Financial Conduct Authority. To open an account with MultiBank Exchange Group, minimum deposits start from $1.

With MultiBank Exchange Group you can trade Forex, gold, metals, and CFDs. If you like to trade on the go, MultiBank Exchange Group have iPhone, Windows and Android app so you can trade from anywhere on your phone.

MultiBank Exchange Group offer Turbo Meta-MT4, MultiBank Pro-MT4, Maximus-MT4, MT4 Mobile platforms to make your trades and support 4 different languages.

The spreads offered by MultiBank Exchange Group for the most popular instruments are:
2 EUR/USD, 10 FTSE 100, 20 GOLD,
2 GBP/USD, 5 DOW/JONES, 20 Crude Oil,
see all the spreads here.

XTB provides hyper fast execution and facilitates seminars with external professional traders, providing personalised education depending on your individual circumstances.

XTB operates with two factors in mind; to provide traders with the fastest execution speeds and to be the most transparent broker on the market, which is reflected by the services and products they provide.

XTB also have a dedicated education area - the Trading Academy - which contains material to help you become a better trader, including video tutorials, trading courses, articles and much more to improve your skills at every step of your trading journey.

If you are looking for a broker that is regulated by the Financial Conduct Authority and focuses on transparency, fast execution speeds and customer service, XTB is a great option.

For more information about trading with XTB, we have put together an in-depth XTB review covering the pros and cons of this broker.

Popular comparisons

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MultiBank Exchange Group vs Investors Intelligence

Popular comparisons feat. MultiBank Group

MultiBank Group Alternatives

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Popular comparisons feat. XTB

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XTB vs XM

Investors Intelligence or MultiBank Group?

Well established or access to MT4?

If you’re a trader looking for a broker that has been established for a long time, Investors Intelligence is likely a good choice. However, if you want a broker that offers MetaTrader4 as a trading platform, MultiBank Group may be more suitable.

Which broker is more reliable?

You can determine a broker’s reliability & trustworthiness by looking at eight factors:

  • Who are they regulated by?
  • How long have they been around for?
  • Do they hold your money in a separate bank account?
  • Do they use reputable “tier-1” banks like Barclays, Goldman Sachs or HSBC?
  • Have they been fined or penalised in the last five years?
  • The popularity of their service/website
  • Are they publicly listed?
  • Where are they located?

Based on these eight factors, we consider MultiBank Group to be the more reliable broker. We’ve broken down why below:

Who are they regulated by?

Investors Intelligence is regulated by Financial Conduct Authority, while MultiBank Group is regulated by ASIC, FSC, BaFin, CNMV, FMA.

As the Financial Conduct Authority are one of the most stringent regulators in the world, Investors Intelligence will have very strict guidelines to follow to ensure they protect their retail trader clients.

XTB are also regulated by the Financial Conduct Authority.

How long have they been around for?

If a broker has been around for a long period of time, they’re likely to be more reliable (in comparison, most scam brokers only exist for several years before they disappear).

This also suggests that a broker has good risk management processes that have prevented them being caught out by major financial events, as was the case with Alpari UK going bust when they were there was a policy reversal of capping the Swiss Franc against the Euro.

Investors Intelligence has been around for 72 years, while MultiBank Group have been around for 14 years. Our third alternative broker, XTB, have been around for 17 years.

Do they hold your money in a separate bank account?

You wouldn’t want your broker paying their staff out of the same bank account account that you’re depositing your trading funds into, would you?

Fortunately, all regulated brokers must use segregated bank accounts to hold client money. This is one of the reasons why we only feature regulated brokers here on BrokerNotes.

All three brokers above will hold your money in a separate bank account.

Do they use reputable “tier-1” banks like Barclays, Goldman Sachs or HSBC?

Most tier-1 banks like Barclays and HSBC have been around for over 100 years and manage trillions of dollars of assets, proving that they have stood the test of time.

Both Investors Intelligence and MultiBank Group use tier one banks, but we are not sure of which bank specifically.

Have they been fined or penalised in the last five years?

If a broker has been penalised by a regulator in the past five years, it may mean that they were caught doing something they shouldn’t be doing - which may be of concern to you as an end client.

We’re not aware of any penalties or fines imposed by regulators on Investors Intelligence or MultiBank Group in the past five years.

How popular is their service/website?

While not always the case, the number of traders a broker has can be a good metric for understanding how reputable a brokers is.

Are they publicly listed?

Companies that are publicly listed on a stock exchange tend to be considered more reputable as they will be required to disclose their financials, and aspects of their operations, to the public.

Investors Intelligence is a publicly listed company, while on the other hand MultiBank Group is still a privately owned company.

Where are they located?

Most reputable brokers tend to be headquartered in a major capital city or a financial hub such as Cyprus.

Investors Intelligence are based in London, UK, while MultiBank Group are based in USA .

Do they offer the features you need?

Assuming the brokers you’re choosing between are reputable, the next point to consider is whether they offer all of the features you require to trade.

This can be broken down into three categories:

  • Services & instruments
  • Platforms & account types
  • Trading features, risk management tools & funding methods

Services and Instruments

If you’re looking to trade currency pairs, both Investors Intelligence and MultiBank Group offer forex trading. Investors Intelligence have a slightly larger variety of currency pairs with 66 pairs, compared to 45 offered by MultiBank Group. Also, if you’re looking to trade cryptocurrencies, MultiBank Group offers a handful of cryptocurrency CFDs to trade, including Bitcoin, Ethereum and Ripple.

Both Investors Intelligence and MultiBank Group allow you to trade commodities like gold, silver and crude oil.

Platforms & Account Types

In addition to the platform, you’ll also want to ensure that the broker you choose offers the account type best suited to your needs. XTB, for example, offer a mini account, standard account and VIP account.

Trading features, risk management tools & funding methods

If you have a certain trading style (e.g. scalping, hedging, or using EAs), you’ll want to double check that the broker you choose allows this, as not all of them do.

Investors Intelligence does not allow scalping but allows hedging. While MultiBank Group also allows scalping and hedging. You can't trade with EAs (expert advisors) on Investors Intelligence but you can trade EAs (expert advisors) with MultiBank Group.

In terms of risk management tools, neither Investors Intelligence or MultiBank Group offers negative balance protection. Negative balance protection prevents you owing your broker more than you’ve deposited.

Investors Intelligence accept Payoneer while MultiBank Group accept Neteller.

Are they affordable for what you need?

Comparing the fee structures of different brokers can be a minefield at times. The important thing to consider is what the spreads & fees are on the specific instruments and account type that you will be using.

For trading EUR/USD, Investors Intelligence charges points, while MultiBank Group charges 0.10 points. Therefore, Investors Intelligence is the more affordable for this instrument. If you want to compare their spreads across more instruments, You can jump back up to our comparison of their currency pair & indice spreads above.

Another consideration is whether or not your broker charges inactivity, deposit/withdrawal fees, or commissions on trades. If you’re a frequent trader, inactivity fees are unlikely to be an issue.

The Verdict: Investors Intelligence or MultiBank Group?

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

Objectively, MultiBank Group is more reliable based on our criteria above. MultiBank Group has a wider range of instruments to trade. Investors Intelligence offer lower spreads on popular forex instruments like EUR/USD and are used by more traders.

Both brokers offer demo accounts, allowing you to test their platforms to see which is suitable for you. You can test drive their demos using the links below:

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

Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.