Admiral Markets vs MultiBank 2023

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, Admiral Markets offers better pricing overall for traders.

At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Both Admiral Markets and MultiBank hold 2 global Tier-1 licenses. Both Admiral Markets and MultiBank hold 1 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, Admiral Markets earned a higher Trust Score than MultiBank.

To compare the trading platforms of both Admiral Markets and MultiBank, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Admiral Markets offers a better experience. With research, Admiral Markets offers superior market research. Finally, we found Admiral Markets to provide better mobile trading apps.

For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both Admiral Markets and MultiBank offer MetaTrader 4 (MT4).Admiral Markets and MultiBank both offer copy trading.

Admiral Markets provides traders 50 currency pairs (e.g., EUR/USD) compared to MultiBank's 41 available pairs. Forex pairs aside, Admiral Markets offers traders access to 8425 CFDs while MultiBank has 1042 available CFDs, a difference of 7383.

Admiral Markets is not publicly traded and does not operate a bank. Admiral Markets is authorised by two tier-1 regulators (high trust), two tier-2 regulators (average trust), and zero tier-3 regulators (low trust). Admiral Markets is authorised by the following tier-1 regulators: Financial Conduct Authority (FCA), and Australian Securities & Investment Commission (ASIC).

MultiBank Group is not publicly traded, does not operate a bank, and is authorised by two tier-1 regulators (high trust), one tier-2 regulator (average trust), and three tier-3 regulators (low trust). MultiBank Group is authorised by the following tier-1 regulators: the Australian Securities & Investment Commission (ASIC) and the Monetary Authority of Singapore (MAS). Learn more about Trust Score.

Traders choose Admiral Markets (Admirals) for its excellent investor education and advanced MetaTrader features – such as the Supreme add-ons – alongside an extensive range of shares, forex and CFD markets, and premium research content.

MultiBank Group, in operation since 2005, is home to numerous global brands and regulated in jurisdictions all over the world. A multi-asset broker, MultiBank offers forex and CFDs through the MetaTrader and cTrader platform suites (though not all markets are readily available) as well as underlying crypto assets via its regulated crypto exchange. On the negative side, the broker’s market research offering is unimpressive and educational content is entirely absent; MultiBank’s poor performance in these important categories drags down its Overall rating.