FOREX.com vs MultiBank 2025
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.
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 |
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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 |
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Minimum Deposit | $100 | $50 |
Average Spread EUR/USD - Standard | 1.4 | N/A |
All-in Cost EUR/USD - Active | 0.9 | N/A |
Active Trader or VIP Discounts | Yes | No |
ACH or SEPA Transfers | Yes | Yes |
PayPal (Deposit/Withdraw) | Yes | No |
Skrill (Deposit/Withdraw) | No | Yes |
Visa/Mastercard (Credit/Debit) | Yes | Yes |
Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
FOREX.com vs MultiBank: For range of investments, FOREX.com offers a wider selection with 5,500 tradeable symbols and 80 forex pairs, compared with MultiBank’s 1,042 symbols and 40 pairs. Both let you trade forex via CFDs or spot, and both provide crypto derivatives. Neither broker offers exchange-traded shares on U.S. or international stock exchanges (so you can’t buy stocks like Apple or Vodafone directly).
There are a few key differences: MultiBank supports copy trading and lets you buy actual cryptocurrency, while FOREX.com does not. Based on coverage, FOREX.com earns 5/5 stars and ranks #7 out of 63 brokers for Range of Investments, whereas MultiBank earns 4/5 stars and ranks #38. If you want the broadest selection of instruments, FOREX.com stands out; if you want copy trading and the option to purchase real crypto, MultiBank adds those features.
Feature |
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Forex Trading (Spot or CFDs) | Yes | Yes |
Tradeable Symbols (Total) | 5500 | 1042 |
Forex Pairs (Total) | 80 | 40 |
U.S. Stock Trading (Non CFD) | No | No |
Int'l Stock Trading (Non CFD) | No | No |
Social Trading / Copy Trading | No | Yes |
Cryptocurrency (Physical) | No | Yes |
Cryptocurrency (Derivative) | 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 FOREX.com vs MultiBank for trading platforms and tools: both brokers provide free demo accounts, an in-house proprietary platform, Windows desktop downloads, and web-based platforms. Each also supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), and lets you place orders directly from charts. DupliTrade and ZuluTrade aren’t available at either broker.
The key differences show up in features and depth. MultiBank includes copy trading, while FOREX.com does not. For charting, FOREX.com offers 239 drawing tools compared to MultiBank’s 17, and its watch lists can display 20 columns versus 7 at MultiBank. These strengths are reflected in independent ratings: FOREX.com earns 5 stars and ranks #7 out of 63 for Trading Platforms and Tools, while MultiBank earns 4 stars and ranks #40. In short, FOREX.com suits traders who want more built-in tools and customization, whereas MultiBank appeals to those who want copy trading alongside MT4/MT5 and a simple web and desktop setup.
Feature |
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Virtual Trading (Demo) | Yes | Yes |
Proprietary Platform | Yes | Yes |
Desktop Platform (Windows) | Yes | Yes |
Web Platform | Yes | Yes |
Social Trading / Copy Trading | No | Yes |
MetaTrader 4 (MT4) | Yes | Yes |
MetaTrader 5 (MT5) | Yes | Yes |
DupliTrade | No | No |
ZuluTrade | No | No |
Charting - Indicators / Studies (Total) | 88 | 38 |
Charting - Drawing Tools (Total) | 239 | 17 |
Charting - Trade From Chart | Yes | Yes |
Watchlists - Total Fields | 20 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both FOREX.com and MultiBank offer mobile trading apps for iPhone and Android, with key tools traders expect. Each app supports price alerts, real-time quote watchlists, multiple time frames (intraday, daily, weekly), trendline drawing, and auto‑saved chart annotations. If you want a straightforward way to track the markets on the go, both apps cover the essentials.
FOREX.com stands out for charting depth and convenience. Its app includes 88 technical studies versus MultiBank’s 30, and it syncs watchlists with your online account (MultiBank does not), so your symbols stay aligned across devices. According to ForexBrokers.com, FOREX.com earns 5 stars and ranks #3 out of 63 brokers for Mobile Trading Apps, while MultiBank holds 4 stars and ranks #42. If you value more indicators and seamless watchlist syncing, FOREX.com may be the better fit; if you just need core features on iPhone or Android, MultiBank still gets the job done.
Feature |
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Android App | Yes | Yes |
Apple iOS App | Yes | Yes |
Mobile Alerts - Basic Fields | Yes | Yes |
Watchlist Syncing | Yes | No |
Mobile Charting - Indicators / Studies | 88 | 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.
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 |
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|
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Daily Market Commentary | Yes | No |
Forex News (Top-Tier Sources) | Yes | Yes |
Autochartist | No | No |
Trading Central (Recognia) | Yes | No |
Social Sentiment - Currency Pairs | Yes | No |
TipRanks | No | No |
Signal Centre (Acuity Trading) | No | |
Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, FOREX.com stands out as a strong choice compared to MultiBank. Both platforms provide a healthy number of educational resources, including over ten articles, videos, and educational materials focused on forex and CFDs. However, FOREX.com offers an added edge with its monthly educational webinars, while MultiBank does not offer such webinars. This makes FOREX.com a more dynamic choice for those looking to engage in interactive learning sessions. Additionally, FOREX.com provides a helpful searchable archive of previously recorded webinars, which is absent in MultiBank's offerings.
Furthermore, both platforms present beginner educational videos, but FOREX.com surpasses with advanced videos designed for seasoned traders, whereas MultiBank falls short in this area. Beginners will also find value in FOREX.com's comprehensive investor dictionary, featuring over 50 investing terms; this is a resource MultiBank does not provide. Rated 4.5 stars for education by ForexBrokers.com, FOREX.com is ranked #4 out of 63 brokers, highlighting its superiority in educational resources. In contrast, MultiBank receives 3.5 stars and is ranked #50, indicating a divergence in educational quality, particularly for those new to trading.
Feature |
|
|
---|---|---|
Education (Forex or CFDs) | Yes | Yes |
Client Webinars | Yes | No |
Client Webinars (Archived) | Yes | No |
Videos - Beginner Trading Videos | Yes | Yes |
Videos - Advanced Trading Videos | Yes | No |
Investor Dictionary (Glossary) | 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.
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Overall Rating |
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Trust Score | 99 | 84 |
Range of Investments |
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Research |
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Education |
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While FOREX.com enables traders to invest in cryptocurrency derivatives without owning the actual digital assets, it does not support the purchase of delivered cryptocurrencies, whereas MultiBank offers both the option to buy actual delivered cryptocurrencies and engage in cryptocurrency derivatives trading.
Comparing online brokers, FOREX.com offers ACH or SEPA transfers, PayPal, Visa or Mastercard, and bank wire options, but lacks Skrill, while MultiBank provides ACH or SEPA transfers, Skrill, Visa or Mastercard, and bank wire options, but does not support PayPal for depositing or withdrawing account funds.
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 5Overall Rating | FOREX.com | MultiBank | |
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Mobile Trading |
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Research |
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Education |
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Trust Score | 99 | 84 | |
Winner | check_circle | ||
Review | FOREX.com Review | MultiBank Review |
Broker Screenshots | FOREX.com | MultiBank | |
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Broker Gallery (click to expand) |
Regulation | FOREX.com | MultiBank | |
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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 | |
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Kenya (CMA Authorised) | No | ||
Israel (ISA Authorised) | No | No | |
South Africa (FSCA Authorised) | No | No | |
UAE (DFSA/Central Bank Authorised) | Yes | Yes | |
India (SEBI Authorised) | No | No | |
Jordan (JSC Authorised) | No |
Investments | FOREX.com | MultiBank | |
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Forex Trading (Spot or CFDs) | Yes | Yes | |
Tradeable Symbols (Total) | 5500 | 1042 | |
Forex Pairs (Total) | 80 | 40 | |
U.S. Stock Trading (Non CFD) | No | No | |
Int'l Stock Trading (Non CFD) | No | No | |
Social Trading / Copy Trading | No | Yes | |
Cryptocurrency (Physical) | No | Yes | |
Cryptocurrency (Derivative) | 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 | 1.4 | N/A | |
All-in Cost EUR/USD - Active | 0.9 | N/A | |
Active Trader or VIP Discounts | Yes | No | |
Inactivity Fee | Yes | Yes | |
Execution: Agency Broker | No | No | |
Execution: Market Maker | Yes | Yes |
Funding | FOREX.com | MultiBank | |
---|---|---|---|
Minimum Deposit | $100 | $50 | |
PayPal (Deposit/Withdraw) | Yes | No | |
Skrill (Deposit/Withdraw) | No | Yes | |
Visa/Mastercard (Credit/Debit) | Yes | Yes | |
Bank Wire (Deposit/Withdraw) | Yes | Yes | |
ACH or SEPA Transfers | Yes | Yes |
Trading Platforms | FOREX.com | MultiBank | |
---|---|---|---|
Proprietary Platform | Yes | Yes | |
Desktop Platform (Windows) | Yes | Yes | |
Web Platform | Yes | Yes | |
Social Trading / Copy Trading | No | Yes | |
MetaTrader 4 (MT4) | Yes | Yes | |
MetaTrader 5 (MT5) | Yes | Yes | |
cTrader | No | No | |
DupliTrade | No | No | |
ZuluTrade | No | No |
Trading Tools | FOREX.com | MultiBank | |
---|---|---|---|
Virtual Trading (Demo) | Yes | Yes | |
Alerts - Basic Fields | Yes | Yes | |
Watchlists - Total Fields | 20 | 7 | |
Charting - Indicators / Studies (Total) | 88 | 38 | |
Charting - Drawing Tools (Total) | 239 | 17 | |
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 Alerts - Basic Fields | Yes | Yes | |
Mobile Watchlist | Yes | Yes | |
Watchlist Syncing | Yes | No | |
Mobile Charting - Indicators / Studies | 88 | 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 | FOREX.com | MultiBank | |
---|---|---|---|
Daily Market Commentary | Yes | No | |
Forex News (Top-Tier Sources) | Yes | Yes | |
Autochartist | No | No | |
Trading Central (Recognia) | Yes | No | |
TipRanks | No | No | |
Social Sentiment - Currency Pairs | Yes | No | |
Economic Calendar | Yes | Yes |
Education | FOREX.com | MultiBank | |
---|---|---|---|
Education (Forex or CFDs) | Yes | Yes | |
Client Webinars | Yes | No | |
Client Webinars (Archived) | Yes | No | |
Videos - Beginner Trading Videos | Yes | Yes | |
Videos - Advanced Trading Videos | Yes | No | |
Investor Dictionary (Glossary) | Yes | No |
Major Forex Pairs | FOREX.com | MultiBank | |
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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 | FOREX.com Review | MultiBank Review |
Overall | FOREX.com | MultiBank | |
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Range of Investments |
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Platforms & Tools |
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Mobile Trading |
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Research |
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Education |
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Trust Score | 99 | 84 | |
Winner | check_circle | ||
Review | FOREX.com Review | MultiBank Review |