Written by ForexBrokers.com
In this head to head comparison of Fineco 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.
Fineco, established in 1999, stands out as a dependable choice for online brokerage services. As a publicly traded bank, Fineco benefits from added credibility and transparency. With two Tier-1 licenses, it aligns with high trust standards and is considered highly trusted with a Trust Score of 94 out of 99 by ForexBrokers.com. The firm does not hold any Tier-2 licenses, but its bank status and strong Trust Score offer reassurance for potential clients.
MultiBank, founded in 2005, is not publicly traded and does not operate as a bank, yet it still provides a reliable service in the online brokerage industry. MultiBank holds three Tier-1 licenses, highlighting its strong regulatory standing, and one Tier-2 license, further solidifying its position as a trusted broker. With a Trust Score of 84, it ranks as a trusted entity according to ForexBrokers.com, making it a viable option for those seeking a well-regulated trading platform.
| Feature |
Fineco
|
MultiBank
|
|---|---|---|
| Year Founded | 1999 | 2005 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 3 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 3 |
Fineco’s commissions and fees are hard to pin down because the broker doesn’t publish average spread data for forex and CFDs. It lists EUR/USD at 1.0 pip (and also mentions 0.8 pips), but neither figure is confirmed as an average or tied to a date range—so real trading costs may vary. Fineco appears to offer more competitive pricing on some index CFDs. For this category, Fineco earns 3.5 out of 5 stars and ranks #52 out of 63 brokers on ForexBrokers.com.
MultiBank discloses clear pricing across three account types. The Standard account has a low $50 minimum deposit but higher spreads. The Pro account lowers spreads with a $1,000 minimum. The ECN account offers the tightest spreads with a $10,000 minimum deposit and a small $3 round‑trip commission per trade. Note the non-trading cost: a $60 monthly inactivity fee after 90 days without trading. MultiBank scores 4 out of 5 stars for commissions and fees and ranks #39 out of 63 on ForexBrokers.com.
If keeping costs predictable is a priority, MultiBank’s tiered structure and ECN option can be appealing—especially if you meet the deposit requirements. Fineco may suit traders who focus on index CFDs, but the lack of average spread transparency makes its forex pricing harder to compare. Overall, based on star ratings and rankings, MultiBank edges ahead on commissions and fees, while Fineco trails due to limited pricing disclosure.
| Feature |
Fineco
|
MultiBank
|
|---|---|---|
| Minimum Deposit | $0 | $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 [DELETED] | ||
| Non-wire bank transfer | Yes | Yes |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) [DELETED] | ||
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing the range of investments at Fineco vs MultiBank: both let you trade forex as CFDs or spot. Fineco lists 9,770 tradeable symbols and 54 forex pairs, compared with MultiBank’s 1,042 symbols and 40 pairs. According to ForexBrokers.com, Fineco is rated 4.5/5 stars and ranked #17 out of 63 for Range of Investments, while MultiBank is rated 4/5 stars and ranked #38.
For shares, Fineco offers exchange-traded securities on both U.S. and international exchanges—so you can buy stocks like Apple (NASDAQ: AAPL) and Vodafone (VOD-GB: London Stock Exchange) directly, not just as CFDs. MultiBank doesn’t offer real share dealing, but it does provide copy trading, plus access to both actual cryptocurrency and crypto derivatives. In short: Fineco suits investors who want a wide symbol list and direct stock investing, while MultiBank suits traders who value copy trading and crypto access.
| Feature |
Fineco
|
MultiBank
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 9770 | 1042 |
| Forex Pairs (Total) | 54 | 40 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | 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.
Fineco and MultiBank both provide proprietary platforms along with Windows desktop and web (browser) trading. The key differences show up in extras: MultiBank offers simulated paper trading with a free demo account, supports MetaTrader 4 and MetaTrader 5, includes copy trading, and lets you place trades directly from charts. Fineco does not provide a demo account, MetaTrader support, copy trading, or chart trading.
Despite those feature gaps, both brokers earn 4 stars for Trading Platforms and Tools. According to ForexBrokers.com, Fineco ranks higher at #18 out of 63 brokers, while MultiBank sits at #40. Choose MultiBank if you need MT4/MT5, a demo account, copy trading, or chart-based order entry. Choose Fineco if you prefer an in-house platform across web and desktop and value its stronger category ranking.
| Feature |
Fineco
|
MultiBank
|
|---|---|---|
| Virtual Trading (Demo) | No | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade [DELETED] | ||
| ZuluTrade [DELETED] | ||
| Charting - Indicators / Studies (Total) | 37 | 38 |
| Charting - Drawing Tools (Total) [DELETED] | ||
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields [DELETED] |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Fineco and MultiBank both offer iPhone and Android trading apps with price alerts, and each earns a 4-star Mobile Trading Apps rating. According to ForexBrokers.com, MultiBank ranks slightly higher (#42 of 63) than Fineco (#43 of 63). Neither broker syncs watchlists between mobile and web, which means changes made in one place won’t carry over to the other. Details on viewing multiple time frames in the apps were not provided.
For charting and watchlists, MultiBank pulls ahead: it includes 30 technical studies, supports drawing trendlines, auto-saves chart drawings, and lets you build watchlists with real-time quotes. Fineco offers 6 technical studies, does not support trendlines or auto-save for drawings, and does not provide real-time quote watchlists. If you want richer chart tools on mobile, MultiBank is the stronger pick, while Fineco suits traders who mainly need alerts and a straightforward experience.
| Feature |
Fineco
|
MultiBank
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 6 | 30 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Multiple Time Frames | ||
| Mobile Charting - Trendlines Autosave | No | Yes |
| Mobile Watchlist | No | Yes |
Dive deeper: Best Forex Trading Apps.
Fineco and MultiBank both cover the basics of market research. Each platform streams forex headlines from top-tier sources like Bloomberg or Reuters and includes an economic calendar to track key events. However, neither broker publishes daily market commentary, and both lack popular third-party technical research suites such as Autochartist and Trading Central, as well as built-in sentiment tools that show long/short positioning. MultiBank does not integrate TipRanks; availability from Fineco and any tools from Acuity Trading were not specified.
Independent testing by ForexBrokers.com rates Fineco higher for Research (4.0 stars; rank 34 of 63) than MultiBank (3.5 stars; rank 50 of 63). If your priority is premium news and a clear economic calendar, both brokers deliver; if you want automated pattern recognition, sentiment gauges, or Trading Central analytics, you’ll likely need to supplement either account with third-party tools.
| Feature |
Fineco
|
MultiBank
|
|---|---|---|
| Daily Market Commentary | No | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Client sentiment data | No | No |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginner traders, both Fineco and MultiBank offer at least 10 educational videos that cover the basics of trading, making it easy to get started with core concepts. Neither broker provides 10 or more advanced videos aimed at experienced traders. Fineco stands out for hosting monthly educational webinars, giving newcomers a chance to learn live and ask questions, while MultiBank does not run monthly webinars. It isn’t specified whether either broker maintains a larger library of forex or CFD education (10+ articles, videos, or archived webinars focused on those topics), whether they host a searchable archive of recorded webinars, or whether they provide an investor dictionary with 50+ terms.
In independent ratings for education, Fineco scores 4.0 out of 5 stars and ranks 49th out of 63 brokers, edging out MultiBank’s 3.5 stars and 50th-place ranking. If live learning matters to you, Fineco is the better fit thanks to its monthly webinars; if you mainly want beginner videos, both brokers can serve that need. Because some details are not specified (like forex/CFD education libraries, webinar archives, and investor dictionaries), consider exploring each broker’s education hub to confirm the resources you want are available.
| Feature |
Fineco
|
MultiBank
|
|---|---|---|
| Education (Forex or CFDs) | ||
| Webinars | Yes | No |
| Client Webinars (Archived) [DELETED] | ||
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) [DELETED] |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Fineco is better than MultiBank. Fineco finished with an overall rank of #25, while MultiBank finished with an overall rank of #40.
FinecoBank is a trusted multi-asset broker offering forex and CFDs across its brands regulated in the U.K. and Italy. However, unless you visit a physical branch as a citizen of the EU – or you are a resident of Italy or the U.K. – you will not be permitted to open an online account with FinecoBank.
| Feature |
Fineco
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MultiBank
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|---|---|---|
| Overall Rating |
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| Trust Score | 94 | 84 |
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Fineco does not offer the ability to buy actual delivered cryptocurrency or cryptocurrency derivatives, whereas MultiBank provides options for purchasing both actual delivered cryptocurrencies and cryptocurrency derivatives.
In the Fineco vs MultiBank comparison of deposit and withdrawal options, both brokers support ACH/SEPA and bank wire transfers, neither supports PayPal, MultiBank supports Skrill while Fineco does not, and Visa/Mastercard availability is not specified for either.
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 | Fineco | MultiBank | |
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| Trust Score | 94 | 84 | |
| Winner | check_circle | ||
| Review | Fineco Review | MultiBank Review |
| Broker Screenshots | Fineco | MultiBank | |
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| Regulation | Fineco | MultiBank | |
|---|---|---|---|
| Trust Score | 94 | 84 | |
| Year Founded | 1999 | 2005 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 3 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 3 |
| Tier-1 Licenses (Highly Trusted) | Fineco | 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) | Fineco | 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 | Fineco | MultiBank | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 9770 | 1042 | |
| Forex Pairs (Total) | 54 | 40 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | 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 | Fineco | MultiBank | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | No | Yes |
| Funding | Fineco | MultiBank | |
|---|---|---|---|
| Minimum Deposit | $0 | $50 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | Yes |
| Trading Platforms | Fineco | MultiBank | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | Fineco | MultiBank | |
|---|---|---|---|
| Virtual Trading (Demo) | No | Yes | |
| Price Alerts | No | Yes | |
| Charting - Indicators / Studies (Total) | 37 | 38 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Fineco | MultiBank | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist | No | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 6 | 30 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Fineco | MultiBank | |
|---|---|---|---|
| Daily Market Commentary | No | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | ||
| Client sentiment data | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Fineco | MultiBank | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | Fineco | 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 | Fineco Review | MultiBank Review |
| Overall | Fineco | MultiBank | |
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| Trust Score | 94 | 84 | |
| Winner | check_circle | ||
| Review | Fineco Review | MultiBank Review |
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