B

Advanced Global Markets

5.9/10

multibank exchange group

7.4/10
7/10RegulationWinner10/10
0/10FeesTied0/10
9/10PlatformsTied9/10
6/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Advanced Global Markets was founded in 1992 and is headquartered in Cyprus, while multibank exchange group was established in 2015 and is based in Cyprus. Advanced Global Markets holds licences including Cyprus Securities and Exchange Commission (CySEC), while multibank exchange group is regulated by Financial Conduct Authority (FCA) among others. Advanced Global Markets serves 10,000+ clients worldwide; multibank exchange group has 10,000+. The minimum deposit is $500 at Advanced Global Markets and $250 at multibank exchange group.

multibank exchange group wins this category
FeatureAdvanced Global Marketsmultibank exchange group
Min. Deposit$500$250
RegulationCyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F282
Founded19922015
CountryCyprusCyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Advanced Global Markets and multibank exchange group, directly affecting your bottom line as a trader. multibank exchange group has a lower barrier to entry with a minimum deposit of $250 (vs $500 at Advanced Global Markets). Advanced Global Markets charges withdrawal fees while multibank exchange group does not, a notable advantage for frequent withdrawers. Advanced Global Markets charges deposit fees; multibank exchange group does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureAdvanced Global Marketsmultibank exchange group
Min. Deposit$500$250
Withdrawal FeesYesNo
Inactivity FeesNoNo
Deposit FeesYesYes
CFD FeesYesYes

Platforms

Advanced Global Markets offers MT4, MT5, cTrader, while multibank exchange group supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. multibank exchange group supports social and copy trading features, which Advanced Global Markets does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureAdvanced Global Marketsmultibank exchange group
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Advanced Global Markets and multibank exchange group compare. Advanced Global Markets runs regular live webinars; multibank exchange group does not. Both provide video tutorials. Advanced Global Markets publishes daily market commentary; multibank exchange group does not. Both integrate third-party research tools. Advanced Global Markets maintains an archive of past webinars for on-demand viewing. Advanced Global Markets scores higher overall in education and research.

Advanced Global Markets wins this category
FeatureAdvanced Global Marketsmultibank exchange group
Forex EducationNoYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Advanced Global Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while multibank exchange group supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). multibank exchange group uniquely supports PayPal and Skrill and Neteller among the two brokers. multibank exchange group scores higher on deposit and withdrawal flexibility.

multibank exchange group wins this category
FeatureAdvanced Global Marketsmultibank exchange group
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Advanced Global Markets and multibank exchange group offer live chat support. Both provide phone support. Email support is available at both brokers. Advanced Global Markets supports 2 languages and multibank exchange group supports 8, giving multibank exchange group broader global reach. Both brokers are comparable on support quality.

Tied
FeatureAdvanced Global Marketsmultibank exchange group
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic