Written by ForexBrokers.com
In this head to head comparison of MultiBank vs IUX, 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.
Founded in 2005, MultiBank is a prominent online broker that stands out for its high trust level in the trading community. It boasts an impressive three Tier-1 licenses, which are recognized as highly trusted by ForexBrokers.com, along with one Tier-2 license that also signifies trust. Though not publicly traded and not a bank, MultiBank holds a Trust Score of 84, placing it in the "trusted" category according to ForexBrokers.com ratings, which indicates a reliable choice for investors looking for credibility and security.
In comparison, IUX entered the scene in 2016 and, while also not publicly traded or a bank, it carries a moderately lower Trust Score of 78, pegging it at an "average risk" level. Holding one Tier-1 license and one Tier-2 license, IUX offers a foundation of trust but does not quite match the credentials of MultiBank. For those deciding between the two, MultiBank’s longer history and higher regulatory licenses point to a stronger reassurance of dependability in the eyes of ForexBrokers.com.
| Feature |
MultiBank
|
IUX
|
|---|---|---|
| Year Founded | 2005 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 1 |
Comparing commissions and fees at MultiBank vs. IUX: both brokers earn 4 out of 5 stars for pricing. That said, MultiBank ranks 39th out of 63 brokers for Commissions and Fees on ForexBrokers.com, while IUX ranks 49th out of 63. Your total trading cost will hinge on the account type you choose, the spreads you receive, any per-trade commissions, and the required minimum deposit.
MultiBank offers three choices for forex and CFD trading. The Standard account has a $50 minimum deposit and higher spreads. The Pro account lowers spreads with a $1,000 minimum. The ECN account requires $10,000 and pairs the tightest spreads with a small $3 round-trip commission per trade. Note: MultiBank charges a $60 monthly inactivity fee if your account goes 90 days without trading.
IUX prices vary by account. Standard and Standard+ both start at $10; Standard+ supports deposit bonuses but typically has wider spreads, while the Standard account offers lower spreads without promos. For active traders, the Pro and Raw accounts each require $500. Pro is spread-only and lists an average 0.7-pip spread on EUR/USD (Standard is around 0.9 pips). Raw targets the lowest spreads and charges $6 per 100,000 units (one standard lot); its all-in cost averages about 0.6 pips on EUR/USD when you factor in the commission.
| Feature |
MultiBank
|
IUX
|
|---|---|---|
| Minimum Deposit | $50 | 10 |
| Average Spread EUR/USD - Standard | N/A | 0.9 |
| All-in Cost EUR/USD - Active | N/A | 0.6 |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
MultiBank vs IUX: both let you trade forex as CFDs or spot. MultiBank lists 1,042 tradeable symbols and 40 forex pairs, while IUX offers 152 symbols and 34 pairs. Neither broker lets you buy U.S.-listed shares outright, but IUX does offer exchange-traded international shares, whereas MultiBank does not. MultiBank includes copy trading; IUX does not.
On crypto, MultiBank lets you buy actual coins as well as trade crypto derivatives; IUX limits you to crypto derivatives. Based on ForexBrokers.com’s Range of Investments scores, MultiBank earns 4 stars and ranks 38th of 63 brokers, while IUX scores 3.5 stars and ranks 61st. If breadth of markets and crypto variety matter most, MultiBank has the edge; if you want access to international equities, IUX is the pick.
| Feature |
MultiBank
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1042 | 152 |
| Forex Pairs (Total) | 40 | 34 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | Yes | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers |
Dive deeper: Best Copy Trading Platforms.
MultiBank and IUX both provide free demo (paper) accounts, proprietary platforms, and access via Windows desktop and web browsers. Each supports MetaTrader 5, while MetaTrader 4 is available only at MultiBank. Copy trading is offered by MultiBank but not IUX. Neither broker connects to DupliTrade or ZuluTrade. Both platforms let you place orders directly from a chart.
Charting differs: MultiBank lists 17 drawing tools versus 89 at IUX; the number of built-in technical indicators isn’t disclosed by either broker. Watchlists are more detailed at IUX (46 columns) than at MultiBank (7). In testing by ForexBrokers.com, MultiBank scores 4.0/5 stars for Trading Platforms and Tools and ranks 40th of 63 brokers, while IUX scores 3.5/5 stars and ranks 60th. Choose MultiBank if you want MT4 and copy trading, or IUX if you want more drawing tools and richer watchlist fields.
| Feature |
MultiBank
|
IUX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 38 | 106 |
| Charting - Drawing Tools (Total) | 17 | 89 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 46 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both the MultiBank mobile app and the IUX mobile app are available on iPhone and Android. Each supports multiple chart time frames (intraday, daily, weekly) and saves chart drawings automatically. You can build watchlists with real-time quotes on both, but neither syncs watchlists with the web platform. The biggest feature split is tools: MultiBank includes price alerts and lets you draw trendlines, while IUX does not support alerts or trendline drawing. For indicators, IUX offers a larger library (106 technical studies) versus MultiBank’s 30.
In independent testing by ForexBrokers.com, MultiBank earned 4 stars and ranked 42nd out of 63 brokers for Mobile Trading Apps, while IUX earned 3.5 stars and ranked 61st. In short, pick MultiBank if price alerts and drawing tools matter; choose IUX if having more built-in studies is your priority.
| Feature |
MultiBank
|
IUX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 106 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
In this MultiBank vs IUX market research comparison, both brokers skip daily market commentary and do not include Autochartist, Trading Central, sentiment tools, or TipRanks. A key difference is news: MultiBank streams forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, while IUX does not. Acuity Trading availability for MultiBank wasn’t specified in the data, and IUX does not offer it. Both brokers provide an economic calendar to track global events.
Based on ForexBrokers.com, MultiBank earns a 3.5-star Research rating and ranks #50 out of 63 brokers, whereas IUX scores 3 stars and ranks #60. If premium news feeds matter for your trading research, MultiBank has the edge; if you only need an economic calendar, either broker can fit the bill.
| Feature |
MultiBank
|
IUX
|
|---|---|---|
| Daily Market Commentary | No | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners, MultiBank delivers a fuller set of forex and CFD education than IUX. It clears the bar of 10+ pieces (articles, videos, or similar), while IUX does not. Both brokers skip monthly client webinars and do not keep searchable webinar archives. Each offers at least 10 beginner trading videos, but neither reaches 10 advanced videos. Neither site includes an investor dictionary with 50+ terms. For entry-level learning, MultiBank’s library is broader; IUX mainly covers the basics through videos.
Education ratings reflect this gap: MultiBank scores 3.5/5 stars and ranks 50th out of 63 brokers at ForexBrokers.com, while IUX scores 3/5 stars and ranks 60th. Choose MultiBank if you want a larger beginner-friendly library backed by videos; choose IUX if you only need starter videos and plan to learn elsewhere. In both cases, expect to supplement your study with outside guides since there are no ongoing webinars, archives, advanced video tracks, or a built-in dictionary.
| Feature |
MultiBank
|
IUX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that MultiBank is better than IUX. MultiBank finished with an overall rank of #40, while IUX finished with an overall rank of #55.
MultiBank Group, in operation since 2005, is home to numerous global brands and regulated in jurisdictions all over the world. A multi-asset broker, MultiBank offers forex and CFDs through the MetaTrader and cTrader platform suites (though not all markets are readily available) as well as underlying crypto assets via its regulated crypto exchange. On the negative side, the broker’s market research offering is unimpressive and educational content is entirely absent; MultiBank’s poor performance in these important categories drags down its Overall rating.
| Feature |
MultiBank
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IUX
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|---|---|---|
| Overall Rating |
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| Trust Score | 84 | 78 |
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MultiBank allows users to purchase both actual delivered cryptocurrency and cryptocurrency derivatives, whereas IUX only offers the option to trade cryptocurrency derivatives without the possibility of buying the actual cryptocurrency.
When comparing online brokers MultiBank and IUX, MultiBank provides more options for account fund transfers by supporting ACH or SEPA transfers along with Skrill, Visa, Mastercard, and bank wires, whereas IUX excludes ACH or SEPA transfers but also offers Skrill, Visa, Mastercard, and bank wires, with neither broker supporting PayPal.
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 | MultiBank | IUX | |
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| Trust Score | 84 | 78 | |
| Winner | check_circle | ||
| Review | MultiBank Review | IUX Review |
| Broker Screenshots | MultiBank | IUX | |
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| Regulation | MultiBank | IUX | |
|---|---|---|---|
| Trust Score | 84 | 78 | |
| Year Founded | 2005 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | MultiBank | IUX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | MultiBank | IUX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | MultiBank | IUX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1042 | 152 | |
| Forex Pairs (Total) | 40 | 34 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | Yes | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers |
| Cost | MultiBank | IUX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 0.9 | |
| All-in Cost EUR/USD - Active | N/A | 0.6 | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | MultiBank | IUX | |
|---|---|---|---|
| Minimum Deposit | $50 | 10 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | MultiBank | IUX | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | MultiBank | IUX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 46 | |
| Charting - Indicators / Studies (Total) | 38 | 106 | |
| Charting - Drawing Tools (Total) | 17 | 89 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | MultiBank | IUX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 106 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | No |
| Research | MultiBank | IUX | |
|---|---|---|---|
| Daily Market Commentary | No | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | MultiBank | IUX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | MultiBank | IUX | |
|---|---|---|---|
| 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 | MultiBank Review | IUX Review |
| Overall | MultiBank | IUX | |
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| Trust Score | 84 | 78 | |
| Winner | check_circle | ||
| Review | MultiBank Review | IUX Review |
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