eToro vs MultiBank 2025

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.

Regulation

eToro, founded in 2007, is a publicly traded online broker and not a bank. It holds four Tier-1 licenses and one Tier-2 license—regulatory categories ForexBrokers.com considers highly trusted and trusted, respectively. eToro’s Trust Score is 96/99, placing it in the “highly trusted” range (90–99), which signals strong oversight for everyday investors.

MultiBank, founded in 2005, is not publicly traded and is not a bank. It holds three Tier-1 licenses and one Tier-2 license. Its Trust Score is 84/99, which ForexBrokers.com classifies as “trusted” (80–89). In a head-to-head comparison, eToro ranks higher on trust and holds one more top-tier license, while both firms maintain the same number of mid-tier licenses.

Feature	eToro	MultiBank
Year Founded info	2007	2005
Publicly Traded (Listed) info	Yes	No
Bank info	No	No
Tier-1 Licenses info	4	3
Tier-2 Licenses info	1	1
Tier-3 Licenses info	0	0
Tier-4 Licenses info	1	3

Fees

If keeping trading costs low is your priority, here’s how eToro and MultiBank compare on commissions and fees. eToro: 4.5/5 stars, ranked #23 out of 63. MultiBank: 4/5 stars, ranked #39 out of 63. eToro is a market-maker with a typical EUR/USD spread around 1 pip, which is slightly above the industry average; most traders choose eToro for its social copy trading rather than its spreads.

MultiBank offers three pricing setups: Standard (minimum $50 deposit, higher spreads), Pro (minimum $1,000 with lower spreads), and ECN (minimum $10,000 with the lowest spreads plus a small $3 round-trip commission per trade). Keep an eye on non-trading costs: there’s an inactivity fee of $60 per month after 90 days without trading activity.

For frequent traders, MultiBank’s Pro or ECN accounts can deliver tighter pricing than eToro’s typical spread, but they require larger deposits and the ECN adds a commission. eToro counters with its eToro Club, a five-tier VIP program (Silver to Diamond) for balances from $5,000 to $250,000 that unlocks perks such as access to Trading Central, discounted withdrawal and deposit fees, and a dedicated account manager.

Feature	eToro	MultiBank
Minimum Deposit info	$50-$10,000	$50
Average spread (EUR/USD) - Standard account info	1 info	N/A
All-in Cost EUR/USD - Active info	N/A	N/A
Non-wire bank transfer info	Yes	Yes
PayPal (Deposit/Withdraw) info	Yes
Skrill (Deposit/Withdraw) info	Yes
Bank Wire (Deposit/Withdraw) info	Yes

Dive deeper: Best Low Spread Forex Brokers.

Range of investments

eToro vs MultiBank: For range of investments, eToro offers far more choice with 7,441 tradeable symbols and 55 forex pairs, while MultiBank lists 1,042 symbols and 40 forex pairs. Both support forex trading via contracts such as CFDs or spot, and both offer copy trading. Crypto fans can buy actual coins and trade crypto via CFDs on both platforms. A key difference is stocks: eToro lets you buy exchange-traded shares on U.S. and international exchanges (for example, Apple on NASDAQ and Vodafone in London), whereas MultiBank does not offer real, exchange-traded stocks.

These differences show up in independent ratings: eToro earns 5 stars for Range of Investments and ranks #11 out of 63 brokers at ForexBrokers.com, while MultiBank scores 4 stars and ranks #38. If you want a larger selection and access to real stocks alongside forex and crypto, eToro is the stronger pick. If you mainly trade forex and crypto with copy trading as a plus, MultiBank covers those needs.

Feature	eToro	MultiBank
Forex Trading (Spot or CFDs) info	Yes	Yes
Tradeable Symbols (Total) info	7441	1042
Forex Pairs (Total) info	55	40
U.S. Stocks (Shares) info	Yes	No
Global Stocks (Non-U.S. Shares) info	Yes	No
Copy Trading info	Yes	Yes
Cryptocurrency (Underlying) info	Yes	Yes
Cryptocurrency (CFDs) info	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.

Trading platforms and tools

eToro and MultiBank both make it easy to practice with a free demo account and offer their own in-house platforms alongside browser-based trading. Each supports copy trading and lets you place orders directly from charts. Key differences: eToro is browser-first and does not provide a Windows desktop app or MetaTrader compatibility, while MultiBank offers a Windows desktop platform and supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5). If you prefer a simple web experience and social features, eToro stands out; if you want MT4/MT5 and a downloadable desktop option, MultiBank is the better fit.

For Trading Platforms and Tools, eToro earns 4.5 stars and ranks #8 out of 63 brokers on ForexBrokers.com, while MultiBank scores 4 stars and ranks #40. Specific counts for technical indicators and watchlist fields weren’t provided for either broker, but both cover the essentials for chart-based trading, with the main split being eToro’s web-first approach versus MultiBank’s MetaTrader and Windows desktop support.

Feature	eToro	MultiBank
Virtual Trading (Demo) info	Yes	Yes
Proprietary Desktop Trading Platform info	Yes	Yes
Desktop Platform (Windows) info	No	Yes
Web Platform info	Yes	Yes
Copy Trading info	Yes	Yes
MetaTrader 4 (MT4) info	No	Yes
MetaTrader 5 (MT5) info	No	Yes
Charting - Indicators / Studies (Total) info	106	38
Charting - Trade From Chart info	Yes	Yes

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

eToro and MultiBank both offer full-featured mobile trading apps for iPhone and Android, and each supports price alerts for stocks and forex. Where they start to differ is convenience: eToro syncs your watchlists between the app and your online account, while MultiBank does not. In third-party testing by ForexBrokers.com, eToro earns 4.5 out of 5 stars and ranks #10 out of 63 brokers for Mobile Trading Apps, compared with MultiBank’s 4 stars and #42 ranking.

For charting, eToro packs in 104 technical studies, which is great for analysis, but it does not let you draw trendlines and it won’t auto-save drawings. MultiBank offers fewer studies (30), yet it lets you draw trendlines and automatically saves your chart annotations. If you value a larger set of indicators and synced watchlists, eToro stands out; if you need to draw and keep chart notes on the go, MultiBank may suit you better.

Feature	eToro	MultiBank
Android App info	Yes	Yes
Apple iOS App info	Yes	Yes
Mobile Price Alerts info	Yes	Yes
Mobile Watchlists - Syncing info	Yes	No
Mobile Charting - Indicators / Studies info	104	30
Mobile Charting - Draw Trendlines info	No	Yes
Mobile Charting - Trendlines Autosave info	No	Yes

Dive deeper: Best Forex Trading Apps.

Market research

Comparing eToro vs MultiBank for market research: eToro offers more built-in tools. It provides daily market commentary, top-tier forex news (as does MultiBank), Trading Central analysis, a sentiment tool showing long/short ratios, and TipRanks research. Both brokers include an economic calendar, and neither offers Autochartist. eToro does not include Acuity Trading tools; MultiBank’s access to Acuity tools isn’t specified.

Overall, eToro earns 4.5/5 stars for Research and ranks #13 of 63 brokers at ForexBrokers.com, while MultiBank scores 3.5/5 stars and ranks #50. Choose eToro if you want daily insights, Trading Central features, sentiment data, and TipRanks ideas alongside news and an economic calendar; pick MultiBank if you mainly need headline news and a calendar without extra research layers.

Feature	eToro	MultiBank
Daily Market Commentary (Articles) info	Yes	No
Forex News (Top-Tier Sources) info	Yes	Yes
Autochartist info	No	No
Trading Central info	Yes	No
Client sentiment data info	Yes	No
TipRanks info	Yes	No
Acuity Trading info	No
Economic Calendar info	Yes	Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

eToro vs. MultiBank for beginner education: eToro runs ongoing client webinars at least once per month and offers 10+ beginner trading videos, plus 10+ advanced videos for when you’re ready to level up. MultiBank also provides at least 10 beginner videos, but it does not hold monthly educational webinars and does not match eToro’s depth for advanced video training. If you value live sessions and a clear path from beginner to more advanced learning, eToro has the edge; if you just need starter videos, both can work.

Independent ratings underscore the gap: eToro scores 4.5 out of 5 stars for Education and ranks #5 of 63 brokers on ForexBrokers.com, while MultiBank earns 3.5 stars and ranks #50. For most new traders seeking structured learning, eToro’s mix of regular webinars, beginner lessons, and advanced content will likely feel more complete than MultiBank’s video-focused approach.

Feature	eToro	MultiBank
Webinars info	Yes	No
Videos - Beginner Trading Videos info	Yes	Yes
Videos - Advanced Trading Videos info	Yes	No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that eToro is better than MultiBank. eToro finished with an overall rank of #9, while MultiBank finished with an overall rank of #40.

eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.

Feature	eToro	MultiBank
Overall Rating info
Trust Score info	96	84
Range of Investments
Commissions & Fees
Platforms & Tools
Research
Mobile Trading
Education

FAQs

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Overall Rating	eToro	MultiBank
Overall Rating info
Commissions & Fees
Range of Investments
Platforms & Tools
Mobile Trading
Research
Education
Trust Score info	96	84
Winner	check_circle
Review	eToro Review	MultiBank Review

Broker Screenshots	eToro	MultiBank
Broker Gallery (click to expand) info

Regulation	eToro	MultiBank
Trust Score info	96	84
Year Founded info	2007	2005
Publicly Traded (Listed) info	Yes	No
Bank info	No	No
Regulated in one or more EU or EEA countries (MiFID). info	Yes info	Yes
Tier-1 Licenses info	4	3
Tier-2 Licenses info	1	1
Tier-3 Licenses info	0	0
Tier-4 Licenses info	1	3

Tier-1 Licenses (Highly Trusted)	eToro	MultiBank
Australia (ASIC Authorised) info	Yes	Yes
Canada (CIRO Authorised) info	No	No
Hong Kong (SFC Authorised) info	No	No
Japan (SFC Authorised) info	No	No
Singapore (MAS Authorised) info	Yes	Yes
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info	Yes	No
USA (CFTC Authorized) info	No	No
New Zealand (FMA Authorised) info	No	No
Regulated in one or more EU or EEA countries (MiFID). info	Yes info	Yes

Tier-2 Licenses (Trusted)	eToro	MultiBank
Kenya (CMA Authorised) info
Israel (ISA Authorised) info	No	No
South Africa (FSCA Authorised) info	No	No
UAE (DFSA, FSRA, or SCA Authorised) info	Yes info	Yes info
India (SEBI Authorised) info	No	No
Jordan (JSC Authorised) info

Investments	eToro	MultiBank
Forex Trading (Spot or CFDs) info	Yes	Yes
Tradeable Symbols (Total) info	7441	1042
Forex Pairs (Total) info	55	40
U.S. Stocks (Shares) info	Yes	No
Global Stocks (Non-U.S. Shares) info	Yes	No
Copy Trading info	Yes	Yes
Cryptocurrency (Underlying) info	Yes	Yes
Cryptocurrency (CFDs) info	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	eToro	MultiBank
Average spread (EUR/USD) - Standard account info	1 info	N/A
All-in Cost EUR/USD - Active info	N/A	N/A
Inactivity Fee info	Yes	Yes
Order execution: Agency info	Yes	No
Order execution: Market Maker info	Yes	Yes

Funding	eToro	MultiBank
Minimum Deposit info	$50-$10,000	$50
PayPal (Deposit/Withdraw) info	Yes
Skrill (Deposit/Withdraw) info	Yes
Bank Wire (Deposit/Withdraw) info	Yes
Non-wire bank transfer info	Yes	Yes

Trading Platforms	eToro	MultiBank
Proprietary Desktop Trading Platform info	Yes	Yes
Desktop Platform (Windows) info	No	Yes
Web Platform info	Yes	Yes
Copy Trading info	Yes	Yes
MetaTrader 4 (MT4) info	No	Yes
MetaTrader 5 (MT5) info	No	Yes
cTrader info	No	No

Trading Tools	eToro	MultiBank
Virtual Trading (Demo) info	Yes	Yes
Price Alerts info	Yes	Yes
Charting - Indicators / Studies (Total) info	106	38
Charting - Trade From Chart info	Yes	Yes
Charts can be saved info	Yes	Yes

Mobile Trading	eToro	MultiBank
Android App info	Yes	Yes
Apple iOS App info	Yes	Yes
Mobile Price Alerts info	Yes	Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info	Yes	No
Mobile Charting - Indicators / Studies info	104	30
Mobile Charting - Draw Trendlines info	No	Yes
Mobile Charting - Trendlines Autosave info	No	Yes
Mobile Research - Economic Calendar info	No	Yes

Research	eToro	MultiBank
Daily Market Commentary (Articles) info	Yes	No
Forex News (Top-Tier Sources) info	Yes	Yes
Autochartist info	No	No
Trading Central info	Yes	No
TipRanks info	Yes	No
Client sentiment data info	Yes	No
Economic Calendar info	Yes	Yes

Education	eToro	MultiBank
Webinars info	Yes	No
Videos - Beginner Trading Videos info	Yes	Yes
Videos - Advanced Trading Videos info	Yes	No

Major Forex Pairs	eToro	MultiBank
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info	Yes	Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review	eToro Review	MultiBank Review

Overall	eToro	MultiBank
Overall Rating info
Commissions & Fees
Range of Investments
Platforms & Tools
Mobile Trading
Research
Education
Trust Score info	96	84
Winner	check_circle
Review	eToro Review	MultiBank Review