Written by ForexBrokers.com
In this head to head comparison of Eightcap 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 the online brokers Eightcap and MultiBank, there's a lot to consider regarding their trustworthiness and regulatory oversight. Eightcap, founded in 2009, and MultiBank, established in 2005, are both privately held companies that are not publicly traded and do not operate as banks. In terms of regulatory credentials, both brokers hold three Tier-1 licenses, which indicates a high level of trust in the industry according to ForexBrokers.com. However, while Eightcap does not have any Tier-2 licenses, MultiBank holds one, reflecting a slightly broader regulatory base.
The Trust Score ratings on ForexBrokers.com give Eightcap a score of 85 and MultiBank a score of 84, placing both brokers in the "trusted" category. This suggests that they are quite similar in terms of their perceived safety, although Eightcap edges ahead slightly. These scores indicate that traders can have a moderate level of confidence in both platforms, thanks to their regulatory standings and overall trust assessments.
| Feature |
Eightcap
|
MultiBank
|
|---|---|---|
| Year Founded | 2009 | 2005 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 3 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 3 |
Comparing commissions and fees, both Eightcap and MultiBank earn 4 out of 5 stars from ForexBrokers.com. Eightcap ranks #27 of 63 brokers in this category, while MultiBank ranks #39 of 63. Each broker offers multiple account types that trade off minimum deposits, spreads, and commissions to suit different budgets and preferences.
Eightcap provides two account choices: a spread-only Standard account and a commission-based Raw account. The Raw account lists an average spread of 0.06 pips; once you add the $3.50 per side commission, the all-in cost comes to about 0.76 pips—just under the industry average of 0.8 pips. Overall, Eightcap’s pricing is competitive, though not the absolute lowest on the market.
MultiBank offers three account types for forex and CFD trading. The Standard account has a $50 minimum deposit but carries higher spreads. The Pro account lowers spreads with a $1,000 minimum, and the ECN account offers the tightest spreads with a $10,000 minimum plus a small $3 round-trip commission per trade. Note that MultiBank charges a $60 monthly inactivity fee after 90 days without trading.
| Feature |
Eightcap
|
MultiBank
|
|---|---|---|
| Minimum Deposit | $100 | $50 |
| Average spread (EUR/USD) - Standard account | 1.0 | N/A |
| All-in Cost EUR/USD - Active | 0.76 | N/A |
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Eightcap and MultiBank both let you trade forex (as CFDs or spot). MultiBank lists more total tradable instruments (1,042 vs 803), while Eightcap offers more forex pairs (55 vs 40). Neither broker lets you buy exchange traded shares on U.S. or international exchanges; stock exposure is available only via CFDs. Both support copy trading. For crypto, Eightcap focuses on cryptocurrency CFDs, while MultiBank offers both real (delivered) cryptocurrency and crypto CFDs.
For Range of Investments, MultiBank earns 4 out of 5 stars and ranks #38 of 63 on ForexBrokers.com, edging out Eightcap’s 3.5 stars and #41 ranking. Pick MultiBank if you want a larger list of markets and access to actual crypto; choose Eightcap if having more forex pairs matters most.
| Feature |
Eightcap
|
MultiBank
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 803 | 1042 |
| Forex Pairs (Total) | 55 | 40 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | Yes |
| 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.
Eightcap and MultiBank both check the core boxes for trading platforms and tools: each offers a free demo (paper) account, copy trading, web-based and Windows desktop access, and the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both also let you place trades directly from charts. The key difference is that MultiBank adds its own proprietary platform on top of MT4/MT5, while Eightcap sticks with MetaTrader only—ideal if you prefer a familiar, widely used setup versus exploring a broker-built platform.
For charting and watchlists, both brokers lean on MetaTrader’s features; exact counts for indicators and watchlist fields aren’t specified. In independent testing by ForexBrokers.com, both earned 4 stars for Trading Platforms and Tools, with Eightcap ranked #39 and MultiBank close behind at #40 out of 63 brokers. Your choice may come down to whether you want a pure MetaTrader experience (Eightcap) or the option to try a proprietary platform alongside MT4/MT5 (MultiBank).
| Feature |
Eightcap
|
MultiBank
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 38 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Eightcap and MultiBank both deliver mobile trading apps for iPhone and Android. Each app supports price alerts, 30 technical studies for charting, trendline drawing, and autosaving of chart annotations. A key difference is watchlists: the Eightcap mobile app syncs watchlist symbols with your online account, while the MultiBank app does not, which can matter if you switch often between desktop and phone.
In terms of recognition, both apps earn 4 out of 5 stars. According to ForexBrokers.com’s Mobile Trading Apps rankings out of 63 brokers, Eightcap places at #39, while MultiBank is #42. If synced watchlists and a slightly higher ranking are important to you, the Eightcap mobile app has a small edge; otherwise, both platforms cover the core tools most traders expect on the go.
| Feature |
Eightcap
|
MultiBank
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Eightcap and MultiBank both earn 3.5 out of 5 stars for market research, yet Eightcap ranks higher (#40 vs. MultiBank’s #50) on ForexBrokers.com. The feature mix explains why: Eightcap provides daily market commentary, a sentiment tool showing long vs. short positioning, Acuity Trading tools (e.g., Signal Centre), and an economic calendar. MultiBank counters with forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, and also offers an economic calendar. Neither broker currently includes Autochartist, Trading Central, or TipRanks. Availability of Acuity Trading tools at MultiBank is not specified.
Choosing between them comes down to what you use most. Pick Eightcap if you want daily commentary, trader sentiment, and signals from Acuity Trading. Go with MultiBank if real-time, premium news headlines are a priority. Despite identical star ratings, Eightcap’s higher research ranking suggests a slightly stronger overall lineup for analysis-focused traders.
| Feature |
Eightcap
|
MultiBank
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | No |
| Trading Central | No | No |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | Yes | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginner traders comparing Eightcap and MultiBank, both brokers deliver solid education with 3.5 out of 5 stars, but Eightcap ranks higher for Education (#40 of 63) than MultiBank (#50). Each offers at least 10 beginner-friendly video lessons that explain forex and CFD trading in simple terms, making it easy to learn at your own pace.
The main difference is live learning. Eightcap hosts client webinars at least once a month, giving beginners a chance to ask questions and stay engaged; MultiBank does not offer ongoing webinars. If live sessions matter to you, Eightcap is the better fit. If you prefer on-demand videos, either broker works. Note that neither broker provides 10 or more advanced video lessons, so seasoned traders may want to supplement with additional resources.
| Feature |
Eightcap
|
MultiBank
|
|---|---|---|
| Webinars | Yes | 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 Eightcap is better than MultiBank. Eightcap finished with an overall rank of #38, while MultiBank finished with an overall rank of #40.
Eightcap enhances its status as a MetaTrader-only broker with support for a suite of third-party plug-ins, including TradingView.
| Feature |
Eightcap
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MultiBank
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|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 84 |
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Eightcap vs MultiBank: MultiBank allows buying actual (delivered) cryptocurrency and trading cryptocurrency CFDs, whereas Eightcap offers cryptocurrency CFDs only and does not provide delivered crypto.
In a deposits and withdrawals comparison, Eightcap does not support ACH/SEPA but does offer PayPal, Skrill, and bank wire transfers, while MultiBank supports ACH/SEPA with the availability of PayPal, Skrill, Visa/Mastercard, and bank wires not specified.
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 | Eightcap | MultiBank | |
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| Trust Score | 85 | 84 | |
| Winner | check_circle | ||
| Review | Eightcap Review | MultiBank Review |
| Broker Screenshots | Eightcap | MultiBank | |
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| Regulation | Eightcap | MultiBank | |
|---|---|---|---|
| Trust Score | 85 | 84 | |
| Year Founded | 2009 | 2005 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 3 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 3 |
| Tier-1 Licenses (Highly Trusted) | Eightcap | MultiBank | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | 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). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Eightcap | MultiBank | |
|---|---|---|---|
| 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 | Eightcap | MultiBank | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 803 | 1042 | |
| Forex Pairs (Total) | 55 | 40 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | Yes | |
| 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 | Eightcap | MultiBank | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.0 | N/A | |
| All-in Cost EUR/USD - Active | 0.76 | N/A | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Eightcap | MultiBank | |
|---|---|---|---|
| Minimum Deposit | $100 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | Yes |
| Trading Platforms | Eightcap | MultiBank | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | Eightcap | MultiBank | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 38 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Eightcap | MultiBank | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Eightcap | MultiBank | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Eightcap | MultiBank | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | Eightcap | MultiBank | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Eightcap Review | MultiBank Review |
| Overall | Eightcap | MultiBank | |
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| Trust Score | 85 | 84 | |
| Winner | check_circle | ||
| Review | Eightcap Review | MultiBank Review |
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