Written by ForexBrokers.com
In this head to head comparison of Markets.com vs MultiBank, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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Markets.com and MultiBank are both prominent online brokers in the financial world, yet they differ in their Trust Score ratings and regulatory structures. Established in 1999, Markets.com achieves a high level of trust with a ForexBrokers.com Trust Score of 93, indicating it falls within the highly trusted range. The broker is not publicly traded and is not a bank, yet it operates under 3 Tier-1 licenses, which are considered highly trusted, and an additional Tier-2 license, meeting trusted regulatory standards. This strong regulatory background provides an added layer of security for users seeking a reliable trading environment.
Founded in 2005, MultiBank holds the same number of regulatory licenses as Markets.com, with 3 Tier-1 licenses and 1 Tier-2 license, ensuring a high standard of trust and compliance. However, MultiBank's Trust Score of 84 places it in the trusted category, indicating a slightly lower yet solid level of trust compared to Markets.com. Like its counterpart, MultiBank is neither publicly traded nor a banking institution, yet its regulatory credentials and Trust Score offer reassurance to traders interested in engaging with this broker's services.
| Feature |
Markets.com
|
MultiBank
|
|---|---|---|
| Year Founded | 1999 | 2005 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 3 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 3 |
When it comes to commissions and fees, Markets.com is rated at 3.5 stars and ranks #50 out of 63 brokers as per ForexBrokers.com. However, detailed information on average spreads is not readily available, which may make it challenging for potential traders to fully assess cost efficiency. While Markets.com provides a solid trading experience overall, those comparing brokers should consider this limitation in available data when making their choice.
In contrast, MultiBank is rated higher, with 4 stars for its commissions and fees, and ranks #38 out of 63 brokers. MultiBank's fee structure is transparent with three account types: Standard, Pro, and ECN, each tailored for different levels of traders. While the Standard account has lower deposit requirements of $50, it may come with higher spreads which might make it less appealing unless you're a complete novice. The Pro account, with a $1,000 minimum deposit, offers a lower spread, while the ECN account provides the lowest spreads coupled with a $10,000 minimum deposit and a $3 round-trip commission per trade, appealing to more serious traders.
Aside from trading fees, it's important to consider non-trading fees. MultiBank charges an inactivity fee of $60 if your account is inactive for over 90 days. This policy underscores the importance of remaining engaged with your account to avoid unexpected charges. If you're considering these platforms, both commissions and extra fees should be a significant part of your evaluation, alongside other factors like trading tools and customer service.
| Feature |
Markets.com
|
MultiBank
|
|---|---|---|
| Minimum Deposit | $100 | $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 | Yes | No |
| ACH or SEPA Transfers | No | Yes |
| 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.
Markets.com and MultiBank are two prominent online brokers offering a wide array of investment opportunities. Both provide forex trading as CFDs or spot contracts, giving users flexibility in how they engage with the currency market. Markets.com boasts a wider selection of tradeable symbols, offering 2,179 compared to MultiBank's 1,042. When it comes to forex pairs, Markets.com also takes the lead with 57 pairs available, as opposed to MultiBank's 40. However, neither platform provides direct access to exchange-traded securities on U.S. or international exchanges, limiting opportunities for those looking to invest in individual stocks like Apple or Vodafone directly.
For more versatile trading options, both Markets.com and MultiBank support copy trading, making it easier for users to mirror successful trading strategies. In terms of cryptocurrency, Markets.com focuses on derivatives, while MultiBank provides the option to buy actual cryptocurrencies, adding a layer of diversity to its asset offerings. Despite these differences, both platforms are equally rated with 4 stars for their range of investments. However, according to ForexBrokers.com, Markets.com slightly edges out MultiBank, securing the 29th position out of 63 brokers compared to MultiBank's 37th rank, showcasing a marginally more extensive investment range.
| Feature |
Markets.com
|
MultiBank
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2179 | 1042 |
| Forex Pairs (Total) | 57 | 40 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | 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.
Markets.com and MultiBank are two prominent online brokers offering a variety of trading platforms and tools to cater to different trading preferences. Both brokers provide simulated trading experiences with free virtual demo accounts, allowing new and seasoned traders to practice without the risk of losing real money. In addition to proprietary platforms developed in-house, both Markets.com and MultiBank also support popular third-party platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). They offer Windows-based desktop platforms and web-based trading platforms, delivering access and convenience suitable for desktop and web users alike. Traders at both brokers can take advantage of copy trading features, although neither offers support for DupliTrade or ZuluTrade. However, there is variance in tools available for charting; Markets.com offers 4 drawing tools, while MultiBank provides a more extensive set of 17 drawing tools, enhancing technical analysis capabilities for those inclined to use them.
When it comes to directly trading from charts, MultiBank provides this capability, whereas Markets.com does not. Markets.com allows for 6 columns in watch lists, slightly less than MultiBank's 7 columns, potentially providing more customization for market monitoring. Both brokers are fairly evenly matched with a 4-star rating for their trading platforms and tools, though Markets.com holds a higher rank at #27 compared to MultiBank's #39, out of 63 brokers evaluated by ForexBrokers.com. This suggests a slight edge for Markets.com in terms of platform and tool offerings according to ForexBrokers.com's comprehensive assessments. Overall, traders will find capable platforms and tools with both brokers, though certain aspects like drawing tools and chart trading might make one broker more appealing depending on specific trader needs.
| Feature |
Markets.com
|
MultiBank
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 89 | 38 |
| Charting - Drawing Tools (Total) | 4 | 17 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Markets.com and MultiBank, both brokers offer compatible apps for iPhone and Android users, along with features like stock or forex price alerts and real-time quotes for watchlists. Markets.com stands out with its ability to sync watchlist symbols between its mobile app and online account, offering greater convenience over MultiBank, which lacks this syncing feature. Despite this, MultiBank provides more in-depth charting tools with 30 technical studies available, while Markets.com relies on the default settings of MetaTrader 4. Both platforms allow users to draw trendlines on charts. However, only MultiBank saves these drawings automatically, adding a touch of user-friendliness.
For those who monitor different time frames, MultiBank offers the flexibility to view multiple time frames, unlike Markets.com, which does not. In terms of overall user satisfaction, both apps share a rating of four stars out of five. Nonetheless, Markets.com is slightly more favored in industry rankings, securing the 33rd spot out of 63 brokers by ForexBrokers.com, compared to MultiBank’s position at 41. Whether prioritizing charting enhancements or account synchronization, traders can find distinct advantages in each provider’s mobile offering.
| Feature |
Markets.com
|
MultiBank
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | (default on MT4, none on Markets app) | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | No | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research features of Markets.com and MultiBank, a few distinctions stand out. Markets.com provides daily market commentary, offering clients a consistent update on market trends, while MultiBank lacks this feature. Both brokers deliver forex news sourced from top-tier providers like Bloomberg and Reuters, ensuring traders stay informed with credible information. However, neither platform utilizes tools from Autochartist or Trading Central for technical or fundamental analysis. Markets.com does offer a sentiment-based trading tool, highlighting the balance of long and short positions, a feature MultiBank does not provide.
Markets.com and MultiBank both feature an economic calendar, essential for keeping track of global economic events. Despite similarities, Markets.com earns a higher rating of 4 stars for research compared to MultiBank's 3.5 stars. This difference in rating aligns with their rankings by ForexBrokers.com, where Markets.com holds the 17th position out of 63 brokers, considerably higher than MultiBank's 49th spot. These distinctions reflect Markets.com's stronger research capabilities, providing traders with more comprehensive insights for informed decision-making.
| Feature |
Markets.com
|
MultiBank
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, Markets.com and MultiBank each offer unique benefits. Markets.com stands out with its regular online webinars, providing clients with at least one educational session each month. This is a feature not available with MultiBank. Additionally, Markets.com excels in offering video resources, providing more than ten beginner and advanced educational videos, ensuring traders have access to valuable insights irrespective of their proficiency level. However, Markets.com falls short in providing sufficient articles, videos, or archived webinars focused primarily on forex or CFDs, with less than 10 educational pieces dedicated to these topics. It's also missing a searchable webinar archive and an investor dictionary with essential trading terms.
On the other hand, MultiBank forgoes monthly webinars, focusing instead on offering a variety of written and video material specifically aimed at educating forex or CFD traders, fulfilling the need for at least ten educational pieces. While it does provide over ten beginner-friendly videos, MultiBank lacks the breadth of advanced educational content that Markets.com offers. Like Markets.com, MultiBank does not provide an investor dictionary or a searchable archive of webinars. In educational ratings, Markets.com received 4 stars and ranks 34th out of 63 brokers, showcasing a slightly broader educational offering compared to MultiBank, which has a 3.5-star rating and is ranked 50th in the same survey.
| Feature |
Markets.com
|
MultiBank
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | 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 Markets.com is better than MultiBank. Markets.com finished with an overall rank of #23, while MultiBank finished with an overall rank of #40.
Thanks to its web-based MarketsX platform, Markets.com is easy to use and new trader friendly. However, Markets.com is pricey and lacks the feature-rich trading tools required to compete with the best trading platforms.
| Feature |
Markets.com
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MultiBank
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 84 |
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When comparing online brokers Markets.com and MultiBank, only MultiBank offers the ability to buy actual delivered cryptocurrency, whereas both platforms provide options for purchasing cryptocurrency derivatives.
While both Markets.com and MultiBank offer Skrill, Visa, Mastercard, and bank wire options for depositing or withdrawing funds, only MultiBank supports ACH or SEPA transfers, with neither broker providing PayPal as a transaction method.
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 | Markets.com | MultiBank | |
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| Trust Score | 93 | 84 | |
| Winner | check_circle | ||
| Review | MultiBank Review |
| Broker Screenshots | Markets.com | MultiBank | |
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| Regulation | Markets.com | MultiBank | |
|---|---|---|---|
| Trust Score | 93 | 84 | |
| Year Founded | 1999 | 2005 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 3 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 3 |
| Tier-1 Licenses (Highly Trusted) | Markets.com | 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) | No | 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 | Yes |
| Tier-2 Licenses (Trusted) | Markets.com | MultiBank | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Markets.com | MultiBank | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2179 | 1042 | |
| Forex Pairs (Total) | 57 | 40 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | 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 | Markets.com | MultiBank | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Markets.com | MultiBank | |
|---|---|---|---|
| Minimum Deposit | $100 | $50 | |
| 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 | No | Yes |
| Trading Platforms | Markets.com | MultiBank | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Markets.com | MultiBank | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 89 | 38 | |
| Charting - Drawing Tools (Total) | 4 | 17 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Markets.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 | (default on MT4, none on Markets app) | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | No | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | Markets.com | MultiBank | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Markets.com | MultiBank | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | Markets.com | MultiBank | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | No | Yes | |
| AUD/USD | Yes | Yes | |
| Review | MultiBank Review |
| Overall | Markets.com | MultiBank | |
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| Trust Score | 93 | 84 | |
| Winner | check_circle | ||
| Review | MultiBank Review |
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