Written by ForexBrokers.com
In this head to head comparison of MultiBank vs Libertex (Forex Club), 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.
MultiBank and Libertex (Forex Club) are both renowned online brokers, yet they differ significantly in their regulatory standings and trustworthiness. Founded in 2005, MultiBank is not publicly traded, nor is it a bank. It holds an impressive three Tier-1 licenses, which are highly regarded, and one Tier-2 license, earning it a Trust Score of 84 out of 99 from ForexBrokers.com. This score positions MultiBank as a trusted broker in the trading space.
Established in 1997, Libertex (Forex Club) also remains privately owned and operates without banking status. It possesses one Tier-1 license, reflecting a commitment to high-standard regulation, though it lacks any Tier-2 licenses. With a Trust Score of 73, Libertex is considered of average risk, indicating a moderate level of trust according to ForexBrokers.com's rating scale. Both brokers provide a breadth of trading options, yet MultiBank holds a slight edge in regulatory trustworthiness.
| Feature |
MultiBank
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2005 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 0 |
Here’s how commissions and fees compare between MultiBank and Libertex (Forex Club). MultiBank is rated 4 out of 5 stars for commissions and fees and ranks #39 out of 63 brokers at ForexBrokers.com. Libertex holds a 3 out of 5 star rating and ranks #63 out of 63. In short, MultiBank scores better in this category.
MultiBank offers three forex and CFD account types: Standard (minimum deposit $50, higher spreads), Pro (minimum $1,000, lower spreads), and ECN (minimum $10,000) with the lowest spreads plus a $3 round-trip commission per trade. Note the non-trading fee: $60 per month if your account is inactive for 90 days.
For Libertex, average spread data is not available, which makes direct cost comparisons harder. Its 3-star rating and #63 ranking for the Commissions and Fees category indicate weaker results versus peers based on the available information.
| Feature |
MultiBank
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $50 | $10 |
| Average spread (EUR/USD) - Standard account | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | Yes | Yes |
| PayPal (Deposit/Withdraw) | ||
| Skrill (Deposit/Withdraw) | ||
| Bank Wire (Deposit/Withdraw) |
Dive deeper: Best Low Spread Forex Brokers.
Comparing MultiBank and Libertex (Forex Club) on range of investments, both support forex trading (CFD/spot). MultiBank offers 1,042 tradeable symbols versus 300 at Libertex, though Libertex lists more forex pairs (51) than MultiBank (40). Neither broker provides access to exchange-traded U.S. or international shares (non-CFD). Both support copy trading.
For crypto, MultiBank lets you buy actual coins as well as trade crypto CFDs, while Libertex only offers crypto via CFDs. According to ForexBrokers.com, MultiBank is rated 4 stars and ranks 38th out of 63 for Range of Investments, while Libertex earns 3.5 stars and ranks 54th.
| Feature |
MultiBank
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1042 | 300 |
| Forex Pairs (Total) | 40 | 51 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | Yes | No |
| 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.
MultiBank and Libertex (Forex Club) both deliver key platform essentials: free demo (paper) trading, their own proprietary platforms, MetaTrader 4 (MT4), a Windows desktop download, a web-based platform, copy trading, and the ability to place orders directly from charts. The main platform difference is MetaTrader 5 (MT5): MultiBank supports MT5, while Libertex does not.
For Trading Platforms and Tools, both brokers earn 4 out of 5 stars, though ForexBrokers.com ranks MultiBank higher (#40 of 63) than Libertex (#51 of 63). Neither broker specifies how many built-in technical indicators or watchlist columns are available. If MT5 matters to you, MultiBank has the edge; if you’re focused on MT4, web or desktop access, demo accounts, and copy trading, both are comparable choices.
| Feature |
MultiBank
|
Libertex (Forex Club)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 38 | 15 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
MultiBank and Libertex (Forex Club) both deliver mobile trading apps for iPhone and Android, complete with price alerts, 30 built-in technical indicators, and the ability to draw trendlines. Each app holds a 4-star mobile rating, with ForexBrokers.com ranking MultiBank at #42 out of 63 brokers and Libertex at #50. In short, both cover the essentials for on-the-go trading, with MultiBank scoring slightly higher in the category.
The key differences come down to convenience features. Libertex (Forex Club) supports watchlist syncing between mobile and the web, so your symbols stay aligned across devices. MultiBank lacks that sync, but it does auto-save your chart drawings, while Libertex does not. If you frequently switch between desktop and phone, Libertex (Forex Club) may fit better; if you annotate charts and want your lines to stick without extra steps, MultiBank has the edge.
| Feature |
MultiBank
|
Libertex (Forex Club)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
MultiBank and Libertex (Forex Club) take a similar approach to market research. Neither provides daily market commentary, and both lack popular third-party tools like Autochartist and Trading Central, as well as sentiment indicators. On the plus side, each offers forex news from top-tier sources such as Bloomberg, Reuters, or Dow Jones, along with an economic calendar to track key events. MultiBank does not include TipRanks; TipRanks and Acuity Trading (e.g., Signal Centre) are not specified for Libertex, and Acuity Trading availability is not specified for MultiBank either.
For overall research quality, MultiBank earns 3.5 out of 5 stars and ranks #50 out of 63 brokers on ForexBrokers.com, while Libertex scores 3 out of 5 stars and ranks #62. If you mainly want trusted news feeds and a handy calendar, both deliver; if you’re looking for a slightly stronger research experience based on ratings and rankings, MultiBank has the edge.
| Feature |
MultiBank
|
Libertex (Forex Club)
|
|---|---|---|
| Daily Market Commentary (Articles) | No | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | No | No |
| Client sentiment data | No | No |
| TipRanks | No | |
| Acuity Trading | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Looking for beginner-friendly forex and CFD education? MultiBank is the stronger choice for newcomers, offering at least 10 beginner-focused trading videos that cover core concepts and platform basics. Libertex (Forex Club) doesn’t hit that threshold for beginner videos, concentrating more on higher-level material. Neither broker runs monthly client webinars, so live classes aren’t part of their education lineup.
Independent ratings back this up: MultiBank scores 3.5 out of 5 stars for Education and ranks #50 of 63 brokers, while Libertex (Forex Club) earns 3 stars and ranks #58. If you’re just starting out, MultiBank’s beginner video library makes learning forex and CFDs more accessible; if you’re already experienced, Libertex’s at-least-10 advanced videos may better match your needs.
| Feature |
MultiBank
|
Libertex (Forex Club)
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | Yes |
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 Libertex (Forex Club). MultiBank finished with an overall rank of #40, while Libertex (Forex Club) finished with an overall rank of #61.
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
|
Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
|
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| Trust Score | 84 | 73 |
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| Mobile Trading |
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Compared with Libertex (Forex Club), MultiBank lets you buy actual delivered cryptocurrency as well as trade crypto CFDs, while Libertex (Forex Club) only offers cryptocurrency trading via CFDs.
Both MultiBank and Libertex (Forex Club) support ACH/SEPA transfers for deposits and withdrawals, while the availability of PayPal, Skrill, Visa/Mastercard, and bank wire options 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.
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0 of 5| Overall Rating | MultiBank | Libertex (Forex Club) | |
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| Trust Score | 84 | 73 | |
| Winner | check_circle | ||
| Review | MultiBank Review |
| Broker Screenshots | MultiBank | Libertex (Forex Club) | |
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| Broker Gallery (click to expand) |
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| Regulation | MultiBank | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 84 | 73 | |
| Year Founded | 2005 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 0 |
| Tier-1 Licenses (Highly Trusted) | MultiBank | Libertex (Forex Club) | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | |||
| 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 | Yes |
| Tier-2 Licenses (Trusted) | MultiBank | Libertex (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | MultiBank | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1042 | 300 | |
| Forex Pairs (Total) | 40 | 51 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | Yes | No | |
| 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 | MultiBank | Libertex (Forex Club) | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | MultiBank | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $50 | $10 | |
| PayPal (Deposit/Withdraw) | |||
| Skrill (Deposit/Withdraw) | |||
| Bank Wire (Deposit/Withdraw) | |||
| Non-wire bank transfer | Yes | Yes |
| Trading Platforms | MultiBank | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | MultiBank | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 38 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | MultiBank | Libertex (Forex Club) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | MultiBank | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | No | No | |
| TipRanks | No | ||
| Client sentiment data | No | No | |
| Economic Calendar | Yes | Yes |
| Education | MultiBank | Libertex (Forex Club) | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | Yes |
| Major Forex Pairs | MultiBank | Libertex (Forex Club) | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | MultiBank Review |
| Overall | MultiBank | Libertex (Forex Club) | |
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| Trust Score | 84 | 73 | |
| Winner | check_circle | ||
| Review | MultiBank Review |
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