Written by ForexBrokers.com
In this head to head comparison of AvaTrade 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.
When comparing AvaTrade and MultiBank, both are established online brokers with a solid reputation in the industry. AvaTrade, founded in 2006, holds a notable edge in trustworthiness with a Trust Score of 94 out of 99, indicating it's highly trusted. MultiBank, established a year earlier in 2005, has a Trust Score of 84, categorized as trusted. Neither of these brokers is publicly traded nor operates as a bank. AvaTrade boasts four highly trusted Tier-1 licenses and three trusted Tier-2 licenses, while MultiBank holds three Tier-1 licenses and one Tier-2 license.
These licenses reflect their regulatory compliance and the level of protection offered to clients, distinguishing AvaTrade with its higher number of licenses. AvaTrade's higher Trust Score coupled with its additional regulatory approvals could provide an extra sense of security for traders prioritizing regulatory oversight. However, both brokers have built a reputation over their many years in the market, offering reliable services and being regulated by respected authorities worldwide.
| Feature |
AvaTrade
|
MultiBank
|
|---|---|---|
| Year Founded | 2006 | 2005 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 3 |
| Tier-2 Licenses | 3 | 1 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 1 | 3 |
AvaTrade’s commissions and fees are competitive for most retail traders. As of June 2024, its typical spread is about 0.9 pips, which is close to the industry average and only slightly higher than entry-level pricing at some peers like CMC Markets and Tickmill. If you qualify as a professional trader, AvaTrade’s Professional account tightens spreads to around 0.6 pips, comparable to FP Markets. For pricing, AvaTrade is rated 4.5 out of 5 stars and ranks #13 out of 63 brokers for Commissions and Fees.
MultiBank structures pricing across three accounts. The Standard account needs just a $50 minimum deposit but carries higher spreads. The Pro account lowers spreads with a $1,000 minimum. The ECN account offers the lowest spreads, requires a $10,000 minimum deposit, and charges a small $3 round‑trip commission per trade. Note the inactivity fee: $60 per month if your account is idle for 90 days. MultiBank is rated 4 out of 5 stars for Commissions and Fees and ranks #39 out of 63 brokers.
In a head‑to‑head on costs, AvaTrade’s near‑average retail spreads and attractive Professional pricing stack up well for many traders, while MultiBank’s sharpest pricing is locked behind its ECN account’s higher deposit and added commission. Overall, AvaTrade earns the edge with a higher rating (4.5 stars) and better ranking (#13) versus MultiBank’s 4 stars and #39, though active traders comfortable with a $10,000 minimum might still prefer MultiBank’s ECN structure.
| Feature |
AvaTrade
|
MultiBank
|
|---|---|---|
| Minimum Deposit | $100 | $50 |
| Average Spread EUR/USD - Standard | 0.93 | N/A |
| All-in Cost EUR/USD - Active | 0.61 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | 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.
AvaTrade vs. MultiBank: both brokers support forex trading via CFDs/spot and offer copy trading. AvaTrade lists 1,260 total tradeable symbols and 53 forex pairs, while MultiBank provides 1,042 symbols and 40 forex pairs. If you want a wider symbol count or more currency pairs, AvaTrade has the edge; if you need a slightly smaller catalog, MultiBank still covers the core markets.
Neither AvaTrade nor MultiBank lets you buy exchange‑traded stocks on U.S. or international exchanges (non‑CFDs). For crypto, both brokers offer derivatives, but only MultiBank allows you to buy actual cryptocurrency. In ForexBrokers.com’s Range of Investments category, each earns 4 out of 5 stars; AvaTrade ranks 33rd of 63 brokers, while MultiBank ranks 38th.
| Feature |
AvaTrade
|
MultiBank
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1260 | 1042 |
| Forex Pairs (Total) | 53 | 40 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | 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.
AvaTrade and MultiBank both cover the essentials for trading platforms and tools. Each broker provides a free demo (paper) account, a proprietary platform, MetaTrader 4 and MetaTrader 5, Windows desktop software, and a web-based platform. Copy trading and trading directly from charts are available at both, and each offers seven watchlist columns. While the exact number of built-in technical indicators wasn’t provided, both brokers earn solid marks overall: AvaTrade is rated 4.5/5 and ranks #13 out of 63 brokers for Trading Platforms and Tools at ForexBrokers.com, while MultiBank is rated 4/5 and ranks #40.
The main differences come down to extras and charting aids. AvaTrade supports DupliTrade and ZuluTrade for third-party social and copy trading, which MultiBank does not. MultiBank counters with slightly more drawing tools for charting (17 versus 13 with AvaTrade). If you want more social-copy choices, AvaTrade is appealing; if you value extra drawing tools, MultiBank has a small edge there.
| Feature |
AvaTrade
|
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 | Yes | No |
| ZuluTrade | Yes | No |
| Charting - Indicators / Studies (Total) | 80 | 38 |
| Charting - Drawing Tools (Total) | 13 | 17 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
AvaTrade and MultiBank both offer iPhone and Android trading apps with real-time watchlists and price alerts. Core charting tasks—switching time frames and drawing trendlines—are available on both platforms. According to ForexBrokers.com, the AvaTrade mobile app is rated 4.5 out of 5 stars and ranks 13th out of 63 brokers for Mobile Trading Apps, while the MultiBank mobile app earns 4 stars and ranks 42nd.
For charting depth, AvaTrade stands out with 73 technical studies versus 30 on MultiBank, and it also syncs watchlists between the mobile app and your online account. MultiBank counters with one handy feature: chart drawings (your lines and shapes) auto-save, whereas AvaTrade’s do not. If you want more indicators and seamless watchlist syncing, pick AvaTrade. If auto-saving chart notes matters most and you prefer a simpler setup, MultiBank is a solid alternative.
| Feature |
AvaTrade
|
MultiBank
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 73 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
AvaTrade vs MultiBank: both brokers provide forex news from top-tier sources (such as Bloomberg/Reuters) and include an economic calendar, but neither offers daily market commentary, Autochartist tools, or TipRanks research. AvaTrade does not provide Acuity Trading tools; for MultiBank, Acuity Trading availability isn’t specified.
Where AvaTrade pulls ahead is with Trading Central research and a built-in sentiment tool that shows the long/short ratio across instruments—features MultiBank lacks. That edge is reflected in third-party assessments: AvaTrade earns 4 stars for Research and ranks #35 out of 63 brokers at ForexBrokers.com, while MultiBank scores 3.5 stars and ranks #50. If you want extra analysis and sentiment data alongside quality news and a calendar, AvaTrade is the stronger pick; if you mainly need top-tier headlines and an economic calendar, MultiBank can still fit the bill.
| Feature |
AvaTrade
|
MultiBank
|
|---|---|---|
| Daily Market Commentary | No | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners exploring the world of forex and CFDs, AvaTrade stands out compared to MultiBank. Both platforms offer a substantial suite of at least ten pieces of educational content such as articles and videos tailored for forex and CFDs novices, helping newcomers get started on the right foot. However, AvaTrade takes the lead with its regular online educational webinars, hosting at least one every month, coupled with a searchable archive of past webinars. This feature is notably absent from MultiBank, making it less robust in this interactive learning aspect.
AvaTrade also excels by offering at least ten videos specifically designed for beginners, as well as a wider range of advanced videos for those looking to explore deeper trading concepts. MultiBank matches AvaTrade in beginner video offerings but falls short in providing the same depth for advanced traders. Additionally, AvaTrade's investor dictionary, with over 50 terms explained, enriches the learning curve, a tool not available with MultiBank. Reflecting these differences, AvaTrade holds a high four-star rating in education and ranks #2 among 63 brokers by ForexBrokers.com, while MultiBank scores a 3.5-star rating and is positioned at #50 in the same category.
| Feature |
AvaTrade
|
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 AvaTrade is better than MultiBank. AvaTrade finished with an overall rank of #13, while MultiBank finished with an overall rank of #40.
AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders, as well as exceptional educational content that helped it nab Best in Class honors for Beginners in the ForexBrokers.com 2025 Annual Awards.
| Feature |
AvaTrade
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MultiBank
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| Trust Score | 94 | 84 |
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While AvaTrade allows trading in cryptocurrency derivatives but not in actual delivered cryptocurrencies, MultiBank provides the option to buy both actual delivered cryptocurrencies and cryptocurrency derivatives, catering to a wider range of investment preferences.
In comparing online brokers, AvaTrade provides PayPal and Skrill among its deposit and withdrawal options but lacks ACH or SEPA transfers, while MultiBank supports ACH or SEPA transfers and Skrill but does not offer PayPal, with both platforms supporting Visa, Mastercard, and bank wires.
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 | AvaTrade | MultiBank | |
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| Trust Score | 94 | 84 | |
| Winner | check_circle | ||
| Review | AvaTrade Review | MultiBank Review |
| Broker Screenshots | AvaTrade | MultiBank | |
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| Regulation | AvaTrade | MultiBank | |
|---|---|---|---|
| Trust Score | 94 | 84 | |
| Year Founded | 2006 | 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 | 1 | 0 | |
| Tier-4 Licenses | 1 | 3 |
| Tier-1 Licenses (Highly Trusted) | AvaTrade | MultiBank | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | No | Yes | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | 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) | AvaTrade | MultiBank | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | AvaTrade | MultiBank | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1260 | 1042 | |
| Forex Pairs (Total) | 53 | 40 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | 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 | AvaTrade | MultiBank | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.93 | N/A | |
| All-in Cost EUR/USD - Active | 0.61 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | AvaTrade | 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 | No | Yes |
| Trading Platforms | AvaTrade | 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 | Yes | No | |
| ZuluTrade | Yes | No |
| Trading Tools | AvaTrade | MultiBank | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 80 | 38 | |
| Charting - Drawing Tools (Total) | 13 | 17 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | AvaTrade | MultiBank | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 73 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | AvaTrade | MultiBank | |
|---|---|---|---|
| Daily Market Commentary | No | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | AvaTrade | 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 | AvaTrade | 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 | AvaTrade Review | MultiBank Review |
| Overall | AvaTrade | MultiBank | |
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| Trust Score | 94 | 84 | |
| Winner | check_circle | ||
| Review | AvaTrade Review | MultiBank Review |
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