Written by ForexBrokers.com
In this head to head comparison of MultiBank vs ATFX, 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.
MultiBank, founded in 2005, and ATFX, launched in 2017, are both reputable online brokers, each offering their services without the backing of being publicly traded or functioning as banks. When evaluating their trustworthiness, ATFX slightly edges out with a ForexBrokers.com Trust Score of 85, while MultiBank follows closely with a score of 84. Both scores indicate that these brokers are considered trustworthy, falling within the "trusted" category as per ForexBrokers.com's rating criteria.
When it comes to regulatory recognition, which can inspire confidence among clients, ATFX holds a slight advantage with four Tier-1 licenses, compared to MultiBank's three. These Tier-1 licenses are essential as they reflect high trust levels in the industry. Further building their reliability, ATFX possesses two Tier-2 licenses, while MultiBank holds one. Both brokers clearly prioritize regulatory compliance, which is a key factor to consider when choosing an online trading partner.
| Feature |
MultiBank
|
ATFX
|
|---|---|---|
| Year Founded | 2005 | 2017 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 4 |
| Tier-2 Licenses | 1 | 2 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 1 |
For commissions and fees, MultiBank earns 4 out of 5 stars and ranks 39th out of 63 brokers on ForexBrokers.com, while ATFX earns 3 out of 5 stars and ranks 61st out of 63. That makes MultiBank the stronger choice on paper for cost-conscious traders, though the best fit still depends on your account size and trading style.
MultiBank lists three account types: Standard (minimum deposit $50) with higher spreads, Pro ($1,000 minimum) with lower spreads than Standard, and ECN ($10,000 minimum) with the lowest spreads plus a small round-trip commission of $3 per trade. Non-trading fees include a $60 per month inactivity fee if your account sits idle for 90 days. These tiers let you trade off minimum deposit against spreads and commissions.
ATFX’s average spread data is not available, which makes direct cost comparisons harder. Its 3-star rating and #61 ranking for Commissions and Fees suggest it trails peers on pricing transparency or competitiveness. If you’re prioritizing lower potential spreads and can meet higher minimums, MultiBank’s ECN account may appeal; if you want the smallest upfront deposit, MultiBank’s Standard account is accessible but comes with higher spreads.
| Feature |
MultiBank
|
ATFX
|
|---|---|---|
| Minimum Deposit | $50 | $500 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
MultiBank vs ATFX: Both brokers support forex trading as CFDs or spot. MultiBank lists 1,042 tradeable symbols, while ATFX offers 150. For currency pairs, ATFX edges ahead with 44 versus MultiBank’s 40. Neither broker provides exchange-traded shares on U.S. or international stock markets. Both support copy trading.
On crypto, MultiBank lets you buy actual cryptocurrency and trade crypto derivatives; ATFX offers crypto derivatives only. For range of investments, MultiBank is rated 4 out of 5 stars and ranks 38th of 63 brokers, while ATFX scores 3.5 stars and ranks 58th. Choose MultiBank if you want more instruments and the option to own crypto; pick ATFX if your focus is forex pairs within a smaller lineup.
| Feature |
MultiBank
|
ATFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1042 | 150 |
| Forex Pairs (Total) | 40 | 44 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | Yes | No |
| 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.
MultiBank and ATFX both check the core boxes for platform access and ease of use: each offers free paper trading via demo accounts, Windows desktop software, web-based platforms, copy trading, MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the ability to place trades directly from charts. A key difference is that MultiBank also provides its own proprietary platform, while ATFX sticks to third-party options like MetaTrader. If you prefer an in-house platform experience alongside MT4/MT5, MultiBank has the edge; if you’re focused on MetaTrader across desktop and web, both brokers fit the bill.
For Trading Platforms and Tools, MultiBank is rated 4 stars and ranks #40 out of 63 brokers by ForexBrokers.com, while ATFX earns 3.5 stars and ranks #63 out of 63. In short, both offer popular platforms and helpful extras like chart trading and copy trading, but MultiBank’s proprietary option and higher rating may appeal to traders who want a broader platform lineup.
| Feature |
MultiBank
|
ATFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| 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 |
| Charting - Indicators / Studies (Total) | 38 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
MultiBank and ATFX both offer mobile trading apps for iPhone and Android. Each app supports stock and forex price alerts, trendline drawing on charts, and creating watchlists with real-time quotes. Chart drawings auto-save on both platforms. One limitation: neither app syncs watchlist symbols with the web or desktop account. For charting tools, MultiBank includes 30 technical studies in its mobile app, while ATFX offers 7—useful to know if you rely on a wider range of indicators.
Independent ratings reflect a small gap: ForexBrokers.com rates MultiBank’s mobile app at 4 stars and ranks it #42 in the Mobile Trading Apps category, while ATFX comes in at 3.5 stars and ranks #64. If you want more built-in indicators and slightly higher marks, MultiBank has the edge. If your priority is a straightforward iPhone or Android app with alerts, trendlines, and real-time watchlists, both will get the job done.
| Feature |
MultiBank
|
ATFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 7 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing market research at MultiBank vs ATFX: ATFX provides daily market commentary, while MultiBank does not. MultiBank streams forex news from top-tier sources such as Bloomberg, Reuters, or Dow Jones, but ATFX does not. Both brokers include an economic calendar. For trading tools, ATFX offers Autochartist and Trading Central, whereas MultiBank lacks both. Neither broker has a sentiment tool that shows long/short positioning. MultiBank does not integrate TipRanks; TipRanks for ATFX and any Acuity Trading tools for either broker were not specified in the source data.
In overall research quality, MultiBank earns 3.5/5 stars and ranks 50th out of 63 brokers, while ATFX scores 3/5 stars and ranks 55th. Choose MultiBank if you want premium real-time news headlines; pick ATFX if you value daily commentary and automated technical signals from Autochartist and Trading Central, along with an economic calendar.
| Feature |
MultiBank
|
ATFX
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | Yes |
| Client sentiment data | No | No |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
MultiBank vs ATFX for beginner education: Both brokers provide at least 10 beginner-focused trading videos, making them friendly starting points for new forex and CFD traders. Neither broker runs monthly educational webinars, and it isn’t specified whether they offer a searchable archive of recorded sessions. Both also fall short on advanced video depth (fewer than 10 advanced videos). It’s not specified whether either one meets the broader threshold of 10+ total forex/CFD education pieces across formats, or whether they host an investor dictionary with 50+ terms.
On ratings, MultiBank earns 3.5/5 stars for Education and ranks #50 out of 63 brokers at ForexBrokers.com, while ATFX earns 3/5 stars but ranks higher at #28 out of 63. In short, both suit beginners who prefer video lessons; MultiBank edges ahead on the star score, while ATFX places better in the category ranking. If you want more than videos—such as articles, archived webinars, or a glossary—check each broker’s site for current resources.
| Feature |
MultiBank
|
ATFX
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that MultiBank is better than ATFX. MultiBank finished with an overall rank of #40, while ATFX finished with an overall rank of #51.
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.
| Feature |
MultiBank
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ATFX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 84 | 85 |
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MultiBank allows investors to purchase both actual delivered cryptocurrencies and cryptocurrency derivatives, whereas ATFX only offers the option to buy cryptocurrency derivatives.
In the MultiBank vs ATFX comparison for deposit and withdrawal methods, MultiBank supports ACH/SEPA and bank wire transfers plus Skrill (no PayPal), while ATFX offers Skrill and bank wires (no ACH/SEPA and no PayPal), with Visa/Mastercard availability not specified for either broker.
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 | MultiBank | ATFX | |
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| Trust Score | 84 | 85 | |
| Winner | check_circle | ||
| Review | MultiBank Review |
| Broker Screenshots | MultiBank | ATFX | |
|---|---|---|---|
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| Regulation | MultiBank | ATFX | |
|---|---|---|---|
| Trust Score | 84 | 85 | |
| Year Founded | 2005 | 2017 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 4 | |
| Tier-2 Licenses | 1 | 2 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | MultiBank | ATFX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| 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) | MultiBank | ATFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | MultiBank | ATFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1042 | 150 | |
| Forex Pairs (Total) | 40 | 44 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | Yes | No | |
| 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 | MultiBank | ATFX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | MultiBank | ATFX | |
|---|---|---|---|
| Minimum Deposit | $50 | $500 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | MultiBank | ATFX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| 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 |
| Trading Tools | MultiBank | ATFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 38 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | MultiBank | ATFX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 7 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | MultiBank | ATFX | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | ||
| Client sentiment data | No | No | |
| Economic Calendar | Yes | Yes |
| Education | MultiBank | ATFX | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | MultiBank | ATFX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD [DELETED] | |||
| Review | MultiBank Review |
| Overall | MultiBank | ATFX | |
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| Trust Score | 84 | 85 | |
| Winner | check_circle | ||
| Review | MultiBank Review |
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