BDSwiss 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, BDSwiss 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 BDSwiss and MultiBank hold 3 global Tier-1 licenses. MultiBank holds 1 global Tier-2 licenses, while BDSwiss holds 0. In our analysis of 23 international regulators across 50 brokers, MultiBank (84) earned a higher Trust Score than BDSwiss (81).

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

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

BDSwiss provides traders 51 currency pairs (e.g., EUR/USD) compared to MultiBank's 41 available pairs. Forex pairs aside, BDSwiss offers traders access to 1081 CFDs while MultiBank has 1042 available CFDs, a difference of 39.

BDSwiss is not publicly traded and does not operate a bank. BDSwiss is authorized by three Tier-1 regulators (Highly Trusted), one Tier-2 regulator (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). BDSwiss is authorised by the following Tier-1 regulators: the Japanese Financial Services Authority (JFSA), Financial Conduct Authority (FCA), and the European Union via MiFID.

MultiBank Group is not publicly traded, does not operate a bank, and is authorised by three Tier-1 regulators (Highly Trusted), one Tier-2 regulator (Trusted), zero Tier-3 regulators (Average Risk), and three Tier-4 regulators (High Risk). MultiBank Group is authorised by the following Tier-1 regulators: the Australian Securities & Investment Commission (ASIC), Monetary Authority of Singapore (MAS, and the European Union via MiFID.

The BDSwiss brand caters to over 1.6 million registered forex and CFD traders, and offers the full MetaTrader platform suite alongside its own proprietary mobile app. BDSwiss demonstrates good order execution statistics and provides access to over 1,000 tradable symbols – though its spreads are higher than industry leaders.

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.