Written by ForexBrokers.com
In this head to head comparison of DooPrime 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.
DooPrime and MultiBank are two established online brokers, with DooPrime founded in 2014 and MultiBank in 2005. Neither company is a bank or publicly traded. Despite their shared characteristics, their regulatory footprints show differences. DooPrime maintains 4 Tier-1 licenses while MultiBank holds 3, indicating a high level of regulatory oversight for both. However, when it comes to Tier-2 licenses, MultiBank has an additional level of trust with one license, whereas DooPrime holds none.
When evaluating overall trust, ForexBrokers.com gives DooPrime a Trust Score of 83 and MultiBank a slightly higher score of 84, meaning both are considered trusted brokers. These scores suggest that both firms operate with a considerable degree of trust, although MultiBank edges out slightly in the ratings. This information can guide potential investors in making informed decisions based on regulatory compliance and trustworthiness.
| Feature |
DooPrime
|
MultiBank
|
|---|---|---|
| Year Founded | 2014 | 2005 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 3 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 3 |
DooPrime’s commissions and fees picture is unclear because average spread data isn’t available, which makes it hard to benchmark its pricing against peers. For this category, DooPrime earns 3 out of 5 stars and is ranked #60 out of 63 brokers by ForexBrokers.com.
MultiBank publishes clearer choices for forex and CFD trading with three account types: Standard (higher spreads, $50 minimum deposit), Pro (lower spreads, $1,000 minimum), and ECN (lowest spreads with a $10,000 minimum deposit plus a small $3 round-trip commission per trade). Note the non-trading cost: an inactivity fee of $60 per month applies if your account has no trading activity for 90 days. MultiBank is rated 4 out of 5 stars and ranked #39 out of 63 for commissions and fees.
Bottom line: fee-focused traders who can meet higher minimums may find MultiBank’s Pro or ECN accounts more cost-effective, while complete beginners might consider the Standard account despite its wider spreads. With DooPrime, the lack of average spread data limits direct price comparisons, so cost-sensitive traders may want to verify live pricing before deciding.
| Feature |
DooPrime
|
MultiBank
|
|---|---|---|
| Minimum Deposit | $100 | $50 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | 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.
DooPrime vs MultiBank: For range of investments, DooPrime lists about 10,000 tradeable symbols and 60 forex pairs, while MultiBank offers 1,042 symbols and 40 pairs. Both brokers support forex trading (CFDs or spot) and offer copy trading.
Asset access differs more clearly with stocks and crypto. DooPrime lets clients buy exchange-traded U.S. stocks like Apple and international shares such as Vodafone (not just CFDs), whereas MultiBank does not offer exchange-traded shares. For crypto, DooPrime does not provide actual coins or crypto derivatives, while MultiBank offers both delivered cryptocurrency and crypto derivatives. Reflecting these differences, ForexBrokers.com rates DooPrime 5/5 stars for Range of Investments (ranked 13th of 63) and rates MultiBank 4/5 stars (ranked 38th of 63).
| Feature |
DooPrime
|
MultiBank
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 1042 |
| Forex Pairs (Total) | 60 | 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) | No | 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.
DooPrime and MultiBank both tick the key boxes for traders who want choice and convenience. Each broker offers a free demo account for practice, a proprietary platform alongside MetaTrader 4 (MT4) and MetaTrader 5 (MT5), and access via both Windows desktop software and a web-based platform. Copy trading is available with either broker, while third-party social platforms DupliTrade and ZuluTrade are not supported. Both also let you place trades directly from charts, which can speed up execution.
When it comes to charting tools, the number of technical indicators isn’t specified for either broker, but drawing tools are comparable: DooPrime offers 15 while MultiBank provides 17. Watch lists are similarly capable, with 7 columns each. In ForexBrokers.com’s Trading Platforms and Tools category, both earn 4 out of 5 stars, though DooPrime ranks higher overall (#25 of 63) than MultiBank (#40 of 63). If you value a slightly stronger category standing, DooPrime has the edge; if a couple more drawing tools matter to you, MultiBank may appeal.
| Feature |
DooPrime
|
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) | 15 | 17 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
DooPrime and MultiBank both check the key boxes for a mobile trading app: iPhone and Android support, price alerts, and watchlists with real-time quotes. Their charting tools are closely matched, offering 30 technical studies, trendline drawing, multiple time frames, and auto-saved annotations. One notable omission for both is watchlist symbol syncing between the mobile app and the web platform, so changes don’t carry over automatically.
In user ratings, both apps earn 4 out of 5 stars. Where they differ is industry placement: ForexBrokers.com ranks DooPrime at #25 out of 63 brokers for Mobile Trading Apps, while MultiBank sits at #42. If ranking influences your choice, DooPrime has the edge; if you’re after core features and on-the-go charting, both apps deliver a very similar experience.
| Feature |
DooPrime
|
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.
DooPrime pulls ahead of MultiBank for market research. DooPrime features daily market commentary and integrates Trading Central for technical and fundamental insights, while MultiBank lacks both. Both brokers deliver forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones and provide an economic calendar. Neither offers Autochartist or a sentiment tool that shows the long/short ratio. Details about TipRanks or Acuity Trading weren’t specified.
Ratings back up the difference: DooPrime earns 4 stars and ranks #30 of 63 for Research at ForexBrokers.com, while MultiBank holds 3.5 stars and ranks #50. If you want daily insights and built-in analysis tools, DooPrime offers a clearer edge; if headline news and a calendar are enough, both brokers cover the basics.
| Feature |
DooPrime
|
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 | No | No |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available to beginners, DooPrime and MultiBank both offer a good selection of materials aimed at helping new traders understand forex and CFDs. Each platform provides over ten educational pieces, including articles and videos, dedicated to these trading topics. Additionally, both brokers deliver beginner-friendly educational videos focused on essential trading concepts. However, when it comes to advanced learning for seasoned traders, DooPrime stands out by offering more than ten advanced educational videos, surpassing what MultiBank provides.
While neither broker offers online educational webinars or a searchable archive of past sessions, there are distinct differences in their overall education offerings. DooPrime boasts a slightly higher rating of 4 stars for education compared to MultiBank's 3.5 stars. The brokers’ ranks on ForexBrokers.com also reflect this difference, with DooPrime placed at 25 out of 63, significantly ahead of MultiBank, which is ranked at 50. Although neither offers an investor dictionary, DooPrime's broader array of advanced educational content gives it an edge for those eager to delve deeper into the trading world.
| Feature |
DooPrime
|
MultiBank
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that DooPrime is better than MultiBank. DooPrime finished with an overall rank of #28, while MultiBank finished with an overall rank of #40.
DooPrime is mainly regulated in the UK, as well as two offshore locations (Vanuatu and Mauritius), and offers 10,000 investment products, and multiple platforms including the full MetaTrader suite, and social copy trading platforms. That said, DooPrime trails behind the best brokers in key categories.
| Feature |
DooPrime
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MultiBank
|
|---|---|---|
| Overall Rating |
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| Trust Score | 83 | 84 |
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When comparing online brokers DooPrime and MultiBank in terms of cryptocurrency offerings, DooPrime does not provide the ability to buy either actual delivered cryptocurrency or cryptocurrency derivatives, while MultiBank offers the ability to purchase both actual delivered cryptocurrency and cryptocurrency derivatives.
When comparing online brokers DooPrime and MultiBank, DooPrime lacks ACH or SEPA transfer options for deposits and withdrawals, unlike MultiBank, but provides PayPal and Skrill as payment methods, which MultiBank does not support with PayPal, while both brokers accept Skrill, Visa, Mastercard, and bank wire transfers.
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 | DooPrime | MultiBank | |
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| Trust Score | 83 | 84 | |
| Winner | check_circle | ||
| Review | MultiBank Review |
| Broker Screenshots | DooPrime | MultiBank | |
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| Broker Gallery (click to expand) |
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| Regulation | DooPrime | MultiBank | |
|---|---|---|---|
| Trust Score | 83 | 84 | |
| Year Founded | 2014 | 2005 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 4 | 3 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 3 |
| Tier-1 Licenses (Highly Trusted) | DooPrime | MultiBank | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | Yes | |
| Switzerland (FINMA Authorised) | |||
| 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). | No | Yes |
| Tier-2 Licenses (Trusted) | DooPrime | MultiBank | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | DooPrime | MultiBank | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 1042 | |
| Forex Pairs (Total) | 60 | 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) | No | 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 | DooPrime | MultiBank | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | DooPrime | 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 | DooPrime | 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 | DooPrime | 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) | 15 | 17 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | DooPrime | 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 | DooPrime | MultiBank | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | DooPrime | MultiBank | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | DooPrime | 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 | MultiBank Review |
| Overall | DooPrime | MultiBank | |
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| Trust Score | 83 | 84 | |
| Winner | check_circle | ||
| Review | MultiBank Review |
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