Written by ForexBrokers.com
In this head to head comparison of Admirals vs MultiBank, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Admirals, established in 2001, and MultiBank, founded in 2005, are both online brokers that are not publicly traded nor functioning as banks. When it comes to trustworthiness, Admirals holds a stronger position with a ForexBrokers.com Trust Score rating of 93, indicating a high level of trust. Admirals also boasts four Tier-1 licenses and three Tier-2 licenses, reflecting their strong regulatory standing.
MultiBank, while also a reliable choice, holds a slightly lower ForexBrokers.com Trust Score of 84, placing it in the trusted category. They have secured three Tier-1 licenses and one Tier-2 license, demonstrating a commitment to regulatory standards, albeit slightly behind Admirals. Both brokers offer credible and regulated options for investors, but Admirals takes a slight lead in terms of regulatory trust and credibility.
| Feature |
Admirals
|
MultiBank
|
|---|---|---|
| Year Founded | 2001 | 2005 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 3 |
| Tier-2 Licenses | 3 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 3 |
Admirals and MultiBank are two prominent online brokers offering competitive fees and commissions for traders. Admirals features a Trade account with typical spreads of 0.8, along with similar pricing on its Zero account type. This structure provides a competitive landscape for traders seeking low-cost options. Rated 4.5 out of 5 stars for commissions and fees, Admirals holds a respectable position, being ranked at #17 out of 63 brokers on ForexBrokers.com.
MultiBank provides three account options for forex and CFD trading: Standard, Pro, and ECN. While the Standard account is accessible with a minimum deposit of $50, it carries higher spreads, making it less attractive for seasoned traders. The Pro account, requiring a $1,000 minimum deposit, offers reduced spreads. For those seeking the lowest spreads, the ECN account offers this advantage, although it demands a hefty $10,000 minimum deposit and includes a round-trip commission of $3 per trade. MultiBank's commission and fee structure earn it a 4-star rating and a #38 ranking on ForexBrokers.com.
Both Admirals and MultiBank present varied options depending on trading experience and capital, catering to both novice and experienced traders. Ultimately, the choice between these brokers may depend on your specific trading strategy, budget, and priorities concerning account fees and commissions.
| Feature |
Admirals
|
MultiBank
|
|---|---|---|
| Minimum Deposit | $100 | $50 |
| Average Spread EUR/USD - Standard | 0.8 | N/A |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
For traders seeking a wide variety of investment options, Admirals stands out with its impressive range of offerings. Admirals provides access to 8,702 tradeable symbols, including 82 forex pairs, alongside the opportunity to purchase exchange-traded securities on both U.S. and international exchanges. This makes it an attractive choice for those interested in investing directly in companies like Apple or Vodafone. Additionally, Admirals supports both traditional forex trading and cryptocurrency derivatives, and it also offers copy trading, catering to a broad spectrum of trading preferences.
On the other hand, MultiBank, while offering a solid selection, provides a more limited range with 1,042 tradeable symbols and 40 forex pairs. Though it does not allow for direct investment in U.S. or international exchange-traded securities, it enables crypto enthusiasts to buy actual cryptocurrencies with a focus on derivatives. Like Admirals, MultiBank supports forex trading and copy trading. Despite these offerings, Admirals outshines MultiBank in the Range of Investments category, earning a rating of 4.5 stars and ranking 19th out of 63 brokers, whereas MultiBank holds a 4-star rating, placing it in the 37th position.
| Feature |
Admirals
|
MultiBank
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8702 | 1042 |
| Forex Pairs (Total) | 82 | 40 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | Yes |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When exploring online trading platforms, Admirals and MultiBank both present a range of features for traders. Admirals and MultiBank offer essential tools, such as free virtual demo accounts for simulated trading. Both brokers have developed proprietary platforms alongside the popular MetaTrader 4 and MetaTrader 5, catering to different user preferences. Traders can access these platforms via Windows desktop downloads or web-based applications. Admirals and MultiBank also provide copy trading capabilities, further enhancing their appeal. However, neither supports DupliTrade or ZuluTrade, which may impact traders seeking these specific features.
Charting tools are pivotal for technical analysis, and Admirals provides a wider selection with 106 drawing tools, compared to MultiBank's 17. While both brokers allow trading directly from stock charts, the breadth of tools may influence platform attractiveness. For watch list customization, both offer seven columns for monitoring your assets efficiently. Rated four stars for trading platforms and tools, both brokers are meaty options, yet Admirals ranks higher at #19 compared to MultiBank's #39 in ForexBrokers.com's review of 63 brokers. This suggests Admirals might slightly edge out for those prioritizing trading platform quality.
| Feature |
Admirals
|
MultiBank
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 38 |
| Charting - Drawing Tools (Total) | 106 | 17 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Admirals and MultiBank, both brokers offer apps for iPhone and Android devices. Users of both platforms can benefit from stock and forex price alerts and have the capability to create watchlists with real-time quotes. Additionally, both Admirals and MultiBank provide users with 30 technical studies for chart analysis in their mobile apps, allowing for comprehensive trading analysis. Traders can also draw trendlines on charts and view various time frames, such as daily or weekly, on both platforms, which autsave any annotations made.
However, a key difference is found in the watchlist syncing feature; neither Admirals nor MultiBank offers syncing of watchlists between their mobile app and online account. This could be a consideration for traders who frequently toggle between mobile and desktop platforms. Despite these limitations, both Admirals and MultiBank receive solid ratings of four stars for their mobile trading apps. Admirals stands out with a more favorable ranking of #23 out of 63 brokers in the Mobile Trading Apps category on ForexBrokers.com, compared to MultiBank's #41 ranking. This suggests that, overall, Admirals might offer a slightly better mobile trading experience, according to user reviews and industry rankings.
| Feature |
Admirals
|
MultiBank
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Admirals and MultiBank for their market research offerings, Admirals steps ahead with its diverse array of tools and resources. Admirals provides daily market commentary, forex news from top-tier sources like Bloomberg and Reuters, and exclusive access to Trading Central tools for enhanced technical analysis. Their sentiment-based trading tools and research from TipRanks further enrich the trader's experience. Admirals also includes research tools from Acuity Trading and a comprehensive economic calendar that displays current and upcoming global events.
In contrast, MultiBank offers forex news from top-tier sources and provides an economic calendar, but falls short in other areas. Unlike Admirals, it lacks daily market commentary and access to tools from Trading Central, Acuity Trading, and TipRanks. These differences reflect in their ratings, with Admirals receiving 4 stars for research compared to MultiBank's 3.5 stars. Furthermore, Admirals is ranked #15 out of 63 brokers by ForexBrokers.com in the Research category, while MultiBank is positioned at #49, indicating a more comprehensive research experience with Admirals.
| Feature |
Admirals
|
MultiBank
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, Admirals and MultiBank both provide a strong foundation with their offerings in the world of forex and CFDs. Admirals stands out by offering a variety of resources that include over 10 educational pieces such as articles, videos, and webinars. Additionally, Admirals hosts regular monthly webinars and provides access to a searchable archive of recorded sessions. MultiBank also offers over 10 educational resources in forex and CFDs, along with beginner-friendly content, but lacks the monthly webinars and archived library that Admirals provides.
Admirals further caters to both beginners and experienced traders with more than 10 advanced educational videos and a comprehensive investor dictionary featuring over 50 investment terms. In comparison, MultiBank offers beginner educational videos but does not match Admirals in terms of advanced content or a detailed investor glossary. Admirals receives a 4-star rating for education and ranks 12th among 63 brokers, while MultiBank is rated 3.5 stars and holds the 50th position. Overall, Admirals proves to be a more versatile choice for traders seeking extensive educational resources.
| Feature |
Admirals
|
MultiBank
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Admirals is better than MultiBank. Admirals finished with an overall rank of #18, while MultiBank finished with an overall rank of #40.
Traders choose 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.
| Feature |
Admirals
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MultiBank
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 84 |
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When comparing Admirals and MultiBank for cryptocurrency trading, Admirals only provides options for cryptocurrency derivatives, while MultiBank offers both the ability to purchase actual cryptocurrencies and cryptocurrency derivatives.
Admirals and MultiBank both offer ACH or SEPA transfers, Skrill, Visa or Mastercard, and bank wires for depositing or withdrawing account funds; however, only Admirals provides PayPal as an additional option.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Admirals | MultiBank | |
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| Trust Score | 93 | 84 | |
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| Review | Admirals Review | MultiBank Review |
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| Regulation | Admirals | MultiBank | |
|---|---|---|---|
| Trust Score | 93 | 84 | |
| Year Founded | 2001 | 2005 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 3 | |
| Tier-2 Licenses | 3 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 3 |
| Tier-1 Licenses (Highly Trusted) | Admirals | MultiBank | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | Yes | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Admirals | MultiBank | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes | No |
| Investments | Admirals | MultiBank | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8702 | 1042 | |
| Forex Pairs (Total) | 82 | 40 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | Yes | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Admirals | MultiBank | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.8 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Admirals | MultiBank | |
|---|---|---|---|
| Minimum Deposit | $100 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | Admirals | MultiBank | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Admirals | MultiBank | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 38 | |
| Charting - Drawing Tools (Total) | 106 | 17 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Admirals | MultiBank | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Admirals | MultiBank | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Admirals | MultiBank | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Admirals | MultiBank | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Admirals Review | MultiBank Review |
| Overall | Admirals | MultiBank | |
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| Trust Score | 93 | 84 | |
| Winner | check_circle | ||
| Review | Admirals Review | MultiBank Review |
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