Written by ForexBrokers.com
In this head to head comparison of MultiBank vs Axi, 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 and Axi are reputable online broker options for traders looking to navigate the financial markets. Founded in 2005, MultiBank operates with a ForexBrokers.com Trust Score of 84, making it a trusted choice, while Axi, established in 2007, holds a slightly lower Trust Score of 82. Neither is publicly traded nor functions as a bank, which is common among brokers. When it comes to regulatory certifications, MultiBank stands out with three Tier-1 licenses and one Tier-2 license, ensuring a higher level of regulatory coverage compared to Axi’s two Tier-1 and one Tier-2 licenses. These Tier-1 licenses are considered highly trusted, enhancing MultiBank’s reputation for reliability.
| Feature |
MultiBank
|
Axi
|
|---|---|---|
| Year Founded | 2005 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 1 |
MultiBank and Axi both earn 4 out of 5 stars for commissions and fees. In ForexBrokers.com’s rankings, MultiBank places #39 out of 63 brokers, while Axi is #44 out of 63—suggesting MultiBank has a slight edge on pricing overall.
MultiBank discloses clear cost tiers across its global entities. The Standard account has a $50 minimum deposit and higher spreads; the Pro account lowers spreads with a $1,000 minimum; and the ECN account targets the lowest spreads but requires a $10,000 minimum and charges a round-trip commission of $3 per trade. Note: MultiBank applies a $60 per month inactivity fee after 90 days without trading.
Axi does not publish average spread data, which makes a like-for-like spread comparison harder. Even so, Axi holds a 4 out of 5 star rating and ranks #44 for commissions and fees. Traders comparing MultiBank vs Axi on costs should review each broker’s live spreads, any commission schedules, and non-trading fees to confirm the most accurate, current pricing.
| Feature |
MultiBank
|
Axi
|
|---|---|---|
| Minimum Deposit | $50 | $0 |
| Average spread (EUR/USD) - Standard account | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | ||
| Skrill (Deposit/Withdraw) | ||
| Bank Wire (Deposit/Withdraw) |
Dive deeper: Best Low Spread Forex Brokers.
MultiBank vs Axi: MultiBank lists 1,042 tradeable symbols, while Axi offers 175. If your focus is forex, Axi covers more currency pairs (65) than MultiBank (40). Both brokers support forex trading via CFDs or spot, and both include copy trading. Neither broker lets you buy exchange-traded shares on U.S. or international stock exchanges.
For crypto, MultiBank lets you buy actual cryptocurrencies and also trade crypto CFDs; Axi offers crypto CFDs only. Based on ForexBrokers.com’s Range of Investments ratings, MultiBank scores 4 stars and ranks #38 out of 63 brokers, while Axi scores 3.5 stars and ranks #57.
| Feature |
MultiBank
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1042 | 175 |
| Forex Pairs (Total) | 40 | 65 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | Yes | No |
| Cryptocurrency (CFDs) | 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 Axi both cover the essentials for trading platforms and tools. Each offers a free demo account for paper trading, Windows-based desktop software, and a web-based platform. Both support copy trading and let you place trades directly from charts. MetaTrader 4 (MT4) is available at both brokers, while MultiBank also adds MetaTrader 5 (MT5) and an in-house proprietary platform; Axi does not offer MT5 and does not have its own proprietary platform.
For platform quality, MultiBank earns 4 stars versus Axi’s 3.5 stars. According to ForexBrokers.com, MultiBank ranks #40 in the Trading Platforms and Tools category, while Axi ranks #64. If you want MT5 access or the option to use a broker-built platform, MultiBank is the better fit; if you only need MT4 with web and desktop access plus copy trading, both brokers can work.
| Feature |
MultiBank
|
Axi
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 38 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing MultiBank vs Axi for mobile trading apps, both brokers offer iPhone and Android apps with stock and forex price alerts. Each app includes 30 technical studies (indicators) and supports drawing trendlines on charts. However, neither broker syncs watchlists between the mobile app and the online account, so changes won’t carry over automatically. A key difference is chart annotations: MultiBank’s app auto-saves drawings, while Axi’s does not, which can matter if you rely on saved chart work.
In terms of quality scores, MultiBank earns 4 stars and ranks #42 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com. Axi comes in at 3.5 stars and ranks #60 out of 63. If you value auto-saving chart drawings and a higher overall rating, MultiBank has the edge; if you just need core features like alerts, indicators, and trendlines on both iPhone and Android, either app will cover the basics.
| Feature |
MultiBank
|
Axi
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Comparing market research at MultiBank and Axi, both brokers deliver the essentials: real-time forex news from top-tier sources and an economic calendar. Neither offers daily market commentary or Trading Central. Axi stands out with Autochartist tools and a built-in sentiment gauge that shows the ratio of long vs. short positions, while MultiBank lacks both. Access to TipRanks wasn’t specified for Axi (it’s not offered by MultiBank), and Acuity Trading tools weren’t specified for either broker.
Based on ForexBrokers.com, MultiBank earns 3.5 stars for Research and ranks 50th out of 63 brokers, while Axi scores 3 stars and ranks 56th. If you want extra technical scans and sentiment insights, Axi has the edge. If your workflow leans on headline news and an economic calendar, both platforms cover the basics, but check each broker’s current lineup if you need TipRanks or Acuity integrations.
| Feature |
MultiBank
|
Axi
|
|---|---|---|
| Daily Market Commentary (Articles) | No | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | No | No |
| Client sentiment data | No | Yes |
| TipRanks | No | |
| Acuity Trading | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing MultiBank and Axi for beginner-friendly forex and CFD education: both brokers provide at least 10 video lessons aimed at newcomers, making it easy to learn basics like terminology, charts, and order types. Axi also hosts ongoing client webinars at least once a month, which can help beginners learn in real time and ask questions. MultiBank does not run monthly webinars. Neither broker offers a large library of advanced videos (10+), so traders seeking deep, expert-level content may need to look elsewhere.
For quality signals, MultiBank earns 3.5 out of 5 stars for Education, while Axi scores 3 out of 5. However, in ForexBrokers.com’s Education category, Axi ranks higher at #27 out of 63 brokers, compared with MultiBank at #50. If you value live, scheduled learning, Axi is the stronger pick; if you prefer a slightly higher-rated education experience based on stars, MultiBank has a small edge. Either way, both deliver beginner video libraries that cover core trading topics.
| Feature |
MultiBank
|
Axi
|
|---|---|---|
| Webinars | No | Yes |
| 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 Axi. MultiBank finished with an overall rank of #40, while Axi finished with an overall rank of #49.
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
|
Axi
|
|---|---|---|
| Overall Rating |
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| Trust Score | 84 | 82 |
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For cryptocurrency trading, MultiBank lets you buy real, delivered cryptocurrencies and trade crypto CFDs, while Axi offers only cryptocurrency CFDs and does not provide access to actual coins.
MultiBank vs Axi: Among online brokers, MultiBank supports ACH/SEPA transfers for deposits and withdrawals, while Axi does not.
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 | Axi | |
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| Trust Score | 84 | 82 | |
| Winner | check_circle | ||
| Review | MultiBank Review |
| Broker Screenshots | MultiBank | Axi | |
|---|---|---|---|
| Broker Gallery (click to expand) |
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| Regulation | MultiBank | Axi | |
|---|---|---|---|
| Trust Score | 84 | 82 | |
| Year Founded | 2005 | 2007 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | MultiBank | Axi | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| 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 | No |
| Tier-2 Licenses (Trusted) | MultiBank | Axi | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | MultiBank | Axi | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1042 | 175 | |
| Forex Pairs (Total) | 40 | 65 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | Yes | No | |
| Cryptocurrency (CFDs) | 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 | Axi | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | MultiBank | Axi | |
|---|---|---|---|
| Minimum Deposit | $50 | $0 | |
| PayPal (Deposit/Withdraw) | |||
| Skrill (Deposit/Withdraw) | |||
| Bank Wire (Deposit/Withdraw) | |||
| Non-wire bank transfer | Yes | No |
| Trading Platforms | MultiBank | Axi | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | MultiBank | Axi | |
|---|---|---|---|
| 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 | Axi | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | MultiBank | Axi | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | No | No | |
| TipRanks | No | ||
| Client sentiment data | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | MultiBank | Axi | |
|---|---|---|---|
| Webinars | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | MultiBank | Axi | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | MultiBank Review |
| Overall | MultiBank | Axi | |
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| Trust Score | 84 | 82 | |
| Winner | check_circle | ||
| Review | MultiBank Review |
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