B

Evans and Partners

6/10

multibank exchange group

7.4/10
5/10RegulationWinner10/10
0/10FeesTied0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Evans and Partners was founded in 2012 and is headquartered in USA, while multibank exchange group was established in 2015 and is based in Cyprus. Evans and Partners holds licences including Unregulated, while multibank exchange group is regulated by Financial Conduct Authority (FCA) among others. Evans and Partners serves 10,000+ clients worldwide; multibank exchange group has 10,000+. The minimum deposit is $500 at Evans and Partners and $250 at multibank exchange group.

multibank exchange group wins this category
FeatureEvans and Partnersmultibank exchange group
Min. Deposit$500$250
RegulationUnregulatedFinancial 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
Founded20122015
CountryUSACyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Evans and Partners 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 Evans and Partners). Neither broker charges withdrawal fees. Evans and Partners applies inactivity fees on dormant accounts; multibank exchange group does not. multibank exchange group charges deposit fees; Evans and Partners does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureEvans and Partnersmultibank exchange group
Min. Deposit$500$250
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesYesYes

Platforms

Evans and Partners 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 Evans and Partners does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureEvans and Partnersmultibank exchange group
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4,MetaTrader 5MT4, 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 Evans and Partners and multibank exchange group compare. Evans and Partners runs regular live webinars; multibank exchange group does not. Both provide video tutorials. Evans and Partners publishes daily market commentary; multibank exchange group does not. Both integrate third-party research tools. Evans and Partners maintains an archive of past webinars for on-demand viewing. Evans and Partners scores higher overall in education and research.

Evans and Partners wins this category
FeatureEvans and Partnersmultibank exchange group
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Evans and Partners 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
FeatureEvans and Partnersmultibank 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 Evans and Partners and multibank exchange group offer live chat support. Both provide phone support. Email support is available at both brokers. Evans and Partners supports 2 languages and multibank exchange group supports 8, giving multibank exchange group broader global reach. Both brokers are comparable on support quality.

Tied
FeatureEvans and Partnersmultibank exchange group
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic