MultiBank Group and LHV take very different approaches to trading — one built for leveraged multi-asset traders, the other for cost-conscious equity investors. Our independent rating gives MultiBank Group the edge at 3.6/5 versus LHV's 3.4/5. Here's exactly why, and who each broker actually suits.
MultiBank Group delivers tier-1 regulated multi-asset trading with high leverage and zero-pip spreads for serious global traders.
LHV combines a zero minimum deposit with straightforward stock and ETF investing for cost-conscious beginners.
Core features compared head-to-head.
| Feature | MG MultiBank Group | L LHV |
|---|---|---|
| Overview | ||
| Rating | 3.6 / 5 | 3.4 / 5 |
| Founded | 2005 | 1999 |
| Headquarters | Dubai, UAE | Tallinn, Estonia |
| Regulation | ASIC, FCA, CySEC | Finantsinspektsioon, FCA |
| Fees & Limits | ||
| Min Deposit | $50 | $0 |
| Spreads From | 0 pips | 0 pips |
| Commission | $3/lot | None |
| Max Leverage | 1:500 | 1:5 |
| Platforms & Markets | ||
| Trading Platforms | MT4, MT5 | Proprietary Web, Proprietary Mobile, LHV Broker |
| Markets Offered | Forex, Cfd, Stocks, Indices, Commodities, Crypto | Stocks, Etf, Crypto, Indices |
MultiBank Group
$50
LHV
$0
MultiBank Group
0 pips
LHV
0 pips
MultiBank Group
$3/lot
LHV
None
MultiBank Group
None
LHV
None
MultiBank Group
None
LHV
None
MultiBank Group is our recommended pick overall, scoring 3.6/5 versus LHV's 3.4/5 on our independent rating system. MultiBank Group's stronger multi-jurisdictional regulation (ASIC, FCA, CySEC), higher leverage up to 1:500, and broader six-category market access make it the superior choice for most active traders. LHV remains a compelling alternative for beginners thanks to its $0 minimum deposit and commission-free structure, particularly for those focused solely on stocks and ETFs.
Regulatory strength is often the single most important factor for traders choosing between two brokers, and here MultiBank Group holds a clear structural advantage. It is regulated by ASIC, FCA, and CySEC — three respected jurisdictions spanning Australia, the UK, and Cyprus.
LHV, by contrast, is regulated by Finantsinspektsioon (Estonia's financial authority) and the FCA. While both are legitimate regulators, LHV's coverage is narrower in scope with only two licensing bodies compared to MultiBank Group's three.
For traders who prioritize maximum regulatory redundancy and tier-1 oversight across multiple continents, MultiBank Group is the stronger choice. LHV still offers credible protection, particularly for European-based investors comfortable with Estonian and UK oversight.
Both brokers advertise spreads starting from 0 pips, putting them on equal footing at the headline level. The real differentiator is commission structure: MultiBank Group charges a flat $3 per lot, while LHV charges no per-trade commission at all.
Neither broker imposes deposit or withdrawal fees, which is a shared positive that keeps overall account funding costs transparent and predictable for users on both platforms.
For high-frequency forex or CFD traders, MultiBank Group's $3 per lot fee is a reasonable and industry-standard cost given its broader instrument access. Investors focused purely on stocks and ETFs may prefer LHV's zero-commission model for long-term buy-and-hold strategies.
LHV clearly wins on pure accessibility with a $0 minimum deposit requirement, allowing new investors to open an account and begin trading with virtually no upfront capital commitment.
MultiBank Group requires a $50 minimum deposit, which remains modest by industry standards but still represents a barrier compared to LHV's zero-entry model.
If you're a beginner testing strategies with minimal capital, LHV's lower barrier to entry is a meaningful advantage. More capitalized traders won't find MultiBank Group's $50 threshold restrictive in any practical sense.
MultiBank Group supports MetaTrader 4 and MetaTrader 5, the two most widely adopted third-party trading platforms globally, known for algorithmic trading support, custom indicators, and expert advisor compatibility.
LHV takes a different route entirely, offering a proprietary web platform, a dedicated mobile app, and the LHV Broker tool — three platforms built specifically around its own ecosystem rather than industry-standard software.
Traders who rely on automation, backtesting, or third-party MT4/MT5 tools will gravitate toward MultiBank Group. Those who prefer simplified, purpose-built interfaces for stock and ETF investing may find LHV's proprietary suite more intuitive.
MultiBank Group offers leverage up to 1:500, giving active forex and CFD traders significant flexibility in position sizing — though this also raises risk exposure that requires careful management.
LHV caps leverage at a conservative 1:5, reflecting its focus on traditional equity and ETF investing rather than leveraged derivatives trading.
On market variety, MultiBank Group covers six categories (Forex, CFDs, Stocks, Indices, Commodities, Crypto), while LHV covers four (Stocks, ETFs, Crypto, Indices). Traders wanting forex and commodities exposure will need MultiBank Group's broader offering.
MultiBank Group is our recommended pick overall, scoring 3.6/5 against LHV's 3.4/5 on our independent rating. Its stronger regulatory footprint, higher leverage ceiling, and wider market access make it the better fit for the majority of active traders.
LHV still holds genuine appeal for beginners and equity-focused investors thanks to its $0 minimum deposit and commission-free structure. If your trading plans center on stocks and ETFs without leverage, LHV is a perfectly solid option.
Ultimately, the decision comes down to trading style: choose MultiBank Group for leveraged multi-asset trading with stronger regulation, or choose LHV for low-cost, low-barrier equity investing.
The bottom line — category winners and our final pick based on ratings.
MultiBank Group edges out LHV overall based on our expert rating score.
Highest Rated
MultiBank Group
3.6 / 5 / 5
Category winners
Overall winner
Based on overall expert rating (3.6/5).
Better for beginners
Stronger onboarding and educational resources.
Lower trading costs
More competitive spreads and baseline commissions.
Stronger regulation
Higher trust based on tier-1 regulatory oversight.
Risk warning: Trading CFDs and forex involves significant risk of loss and is not suitable for all investors. Please consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
