Written by ForexBrokers.com
In this head to head comparison of FOREX.com 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 online brokers FOREX.com and MultiBank, both founded in different years, they show significant differences in their regulatory standings. FOREX.com, established in 1999 and publicly listed, holds an impressive 7 Tier-1 licenses, which are the most trusted according to ForexBrokers.com. With a Trust Score of 99 out of 99, FOREX.com is considered highly reliable for traders seeking stringent regulation and oversight.
MultiBank, on the other hand, began in 2005 and operates privately. It maintains 3 Tier-1 licenses, reflecting a solid level of trust in comparison to its peers. While not publicly traded, MultiBank has earned a respectable Trust Score of 84, positioning it as a trusted broker overall. Both companies are not banks, but their regulatory differences might influence traders in deciding which platform aligns best with their assurance needs.
| Feature |
FOREX.com
|
MultiBank
|
|---|---|---|
| Year Founded | 1999 | 2005 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 3 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 3 |
Comparing commissions and fees, FOREX.com earns 4.5 out of 5 stars and ranks #14 of 63 for pricing, while MultiBank scores 4 out of 5 stars and ranks #39 of 63. Both offer tiered account choices, but their cost structures suit different traders.
FOREX.com’s Standard account has wider spreads in the U.S., averaging about 1.4 pips on EUR/USD (July 2023). Outside the U.S., average EUR/USD spreads were about 0.74 pips in July 2023. Its commission-based RAW account typically shows around 0.13 pips on EUR/USD (February 2024) plus a $7 per standard lot round‑trip commission ($3.50 per side), which equates to roughly 0.7 pips added to the spread. Active traders can get volume rebates ranging from $2 to $9 per million across six tiers. For most U.S. traders who don’t exceed roughly $50 million in monthly volume, the all‑in trading costs on the RAW/Commission setup are similar to the Standard account; the main differences are execution style and platform options.
MultiBank offers three pricing tiers: Standard (higher spreads, $50 minimum deposit), Pro (lower spreads, $1,000 minimum), and ECN (lowest spreads plus a small round‑trip commission of $3 per trade, $10,000 minimum). Note the $60 monthly inactivity fee after 90 days without trading. In simple terms, MultiBank’s ECN can be cost‑effective if you meet the higher deposit, while FOREX.com provides more consistent pricing transparency and better category standing (4.5/5, #14) versus MultiBank’s 4/5 and #39.
| Feature |
FOREX.com
|
MultiBank
|
|---|---|---|
| Minimum Deposit | $100 | $50 |
| Average spread (EUR/USD) - Standard account | 1.4 | N/A |
| All-in Cost EUR/USD - Active | 0.9 | N/A |
| Non-wire bank transfer | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing the range of investments, FOREX.com offers far more to trade overall, with 5,500 tradeable symbols and 80 forex pairs, versus MultiBank’s 1,042 symbols and 40 pairs. Both brokers let you trade forex either as CFDs or spot. Neither broker provides access to exchange-traded stocks on U.S. or international exchanges. For crypto, both support cryptocurrency CFDs, while only MultiBank also lets you buy actual crypto.
Feature-wise, MultiBank includes copy trading, which FOREX.com does not. For breadth, FOREX.com earns 5 stars and ranks #7 out of 63 brokers for Range of Investments, while MultiBank is rated 4 stars and ranks #38. In short: choose FOREX.com if you want the widest selection of markets and forex pairs; consider MultiBank if copy trading and buying real crypto are priorities.
| Feature |
FOREX.com
|
MultiBank
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 1042 |
| Forex Pairs (Total) | 80 | 40 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | No | 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.
Comparing trading platforms and tools, FOREX.com and MultiBank both check the key boxes: free demo (paper) accounts, proprietary platforms, Windows desktop downloads, and web-based platforms. Each also supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with trading directly from charts. The biggest difference is copy trading—MultiBank offers it, while FOREX.com does not. For platform quality, FOREX.com earns 5 stars and ranks #7 out of 63 brokers for Trading Platforms and Tools on ForexBrokers.com, whereas MultiBank holds 4 stars and ranks #40.
If you want copy trading alongside MT4/MT5, MultiBank is a straightforward pick. If you value a higher-rated platform suite and a strong in-house experience, FOREX.com stands out. Both brokers provide browser and desktop access, helpful charting features, and demo accounts to test strategies before committing real funds.
| Feature |
FOREX.com
|
MultiBank
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 88 | 38 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing mobile trading apps, both FOREX.com and MultiBank offer iPhone and Android apps with price alerts. For charting, FOREX.com provides 88 technical studies versus 30 with MultiBank. Both apps let you draw trendlines and automatically save your drawings, making it easy to pick up where you left off.
One key difference is watchlist syncing: FOREX.com syncs watchlists between its mobile app and web platform, while MultiBank does not. According to ForexBrokers.com, FOREX.com earns 5 stars and ranks #3 out of 63 for Mobile Trading Apps, while MultiBank holds 4 stars and ranks #42. If you want deeper chart tools and synced watchlists, FOREX.com is the better fit; if you just need core features on iPhone or Android, MultiBank covers the basics.
| Feature |
FOREX.com
|
MultiBank
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 88 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing market research at FOREX.com and MultiBank, FOREX.com has the edge. It earns 4.5/5 stars and ranks #9 out of 63 brokers for Research on ForexBrokers.com, while MultiBank scores 3.5/5 and ranks #50. Both brokers deliver forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, and both include an economic calendar. FOREX.com also provides daily market commentary, which MultiBank does not.
Feature-wise, FOREX.com offers Trading Central tools and a sentiment indicator that shows long and short positioning across markets; MultiBank does not include these. Neither broker uses Autochartist or TipRanks. FOREX.com does not use Acuity Trading tools, and MultiBank’s use of Acuity Trading was not specified in the provided information.
| Feature |
FOREX.com
|
MultiBank
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | Yes | No |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginner trading education, FOREX.com provides a clearer path: it runs client webinars at least once a month and offers 10+ beginner video lessons, plus 10+ advanced videos for when you’re ready to level up. MultiBank also has 10+ beginner videos, but it does not host monthly webinars and does not offer 10+ advanced videos. The data provided does not confirm whether either broker meets a 10-piece minimum for general forex/CFD education content such as articles or archived webinars.
Ratings reflect this gap. FOREX.com earns 4.5 out of 5 stars for Education and ranks #4 of 63 brokers at ForexBrokers.com. MultiBank scores 3.5 out of 5 stars and ranks #50 of 63. If you want live sessions and a deeper library that grows with your skills, FOREX.com is the stronger pick; if you mainly need beginner videos, MultiBank can cover the basics.
| Feature |
FOREX.com
|
MultiBank
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FOREX.com is better than MultiBank. FOREX.com finished with an overall rank of #5, while MultiBank finished with an overall rank of #40.
FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader.
| Feature |
FOREX.com
|
MultiBank
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 99 | 84 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
FOREX.com vs MultiBank: Both brokers offer cryptocurrency CFDs, but only MultiBank lets you buy actual (delivered) cryptocurrency, while FOREX.com does not.
Comparing online brokers FOREX.com vs MultiBank: both support ACH/SEPA transfers for deposits and withdrawals, while FOREX.com additionally offers PayPal, Skrill, and bank wire funding options, and MultiBank’s availability for PayPal, Skrill, Visa/Mastercard, and bank wires is 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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | FOREX.com | MultiBank | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 84 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | MultiBank Review |
| Broker Screenshots | FOREX.com | MultiBank | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| Regulation | FOREX.com | MultiBank | |
|---|---|---|---|
| Trust Score | 99 | 84 | |
| Year Founded | 1999 | 2005 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 3 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 3 |
| Tier-1 Licenses (Highly Trusted) | FOREX.com | MultiBank | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | Yes | |
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FOREX.com | MultiBank | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| 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) | No |
| Investments | FOREX.com | MultiBank | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 1042 | |
| Forex Pairs (Total) | 80 | 40 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | No | 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 | FOREX.com | MultiBank | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.4 | N/A | |
| All-in Cost EUR/USD - Active | 0.9 | N/A | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | FOREX.com | MultiBank | |
|---|---|---|---|
| Minimum Deposit | $100 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | Yes | Yes |
| Trading Platforms | FOREX.com | MultiBank | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | FOREX.com | MultiBank | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 88 | 38 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FOREX.com | 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 | 88 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | FOREX.com | MultiBank | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FOREX.com | MultiBank | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | FOREX.com | MultiBank | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | FOREX.com Review | MultiBank Review |
| Overall | FOREX.com | MultiBank | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 84 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | MultiBank Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill