Written by ForexBrokers.com
In this head to head comparison of Plus500 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 Plus500 and MultiBank, both offer solid regulatory credentials, but there are key differences in their trust frameworks. Established in 2008, Plus500 is publicly traded and holds a top-tier Trust Score of 99 out of 99 according to ForexBrokers.com. This reflects its strong standing with 6 Tier-1 licenses that are highly trusted and 3 Tier-2 licenses. Being publicly traded adds an additional layer of transparency and oversight to Plus500's operations.
MultiBank, founded in 2005, operates with a Trust Score of 84 out of 99, indicating a trusted status but slightly below the top tier. Although it isn't publicly listed, MultiBank maintains a respectable regulatory footing with 3 Tier-1 licenses and 1 Tier-2 license. While both firms are non-banking institutions, Plus500's status as a public company and its higher trust rating may appeal more to traders who prioritize regulatory reputation. In contrast, MultiBank provides a trusted alternative, though not at the same high level as Plus500 according to the Trust Score metrics.
| Feature |
Plus500
|
MultiBank
|
|---|---|---|
| Year Founded | 2008 | 2005 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 6 | 3 |
| Tier-2 Licenses | 3 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 3 |
If you’re comparing Plus500 and MultiBank on trading costs, both earn solid marks but land in different positions. Plus500 is rated 4.0/5 stars for Commissions and Fees and ranks #24 out of 63 brokers at ForexBrokers.com, while MultiBank is rated 4/5 stars and ranks #39 out of 63.
Plus500 primarily charges through the spread, and its pricing sits slightly above the industry average. In April 2024, the average EUR/USD spread at Plus500 was 1.5 pips. The broker does not offer retail discounts; however, Professional clients who qualify may receive cash rebates similar to an active trader program. Overall, Plus500 trails the cheapest brokers for high-volume pricing.
MultiBank structures fees by account type. The Standard account has a $50 minimum deposit and higher spreads. The Pro account lowers spreads with a $1,000 minimum. The ECN account offers the tightest spreads but requires a $10,000 minimum deposit and adds a small $3 round-trip commission per trade. Non-trading costs include a $60 per month inactivity fee after 90 days without trading. In short, MultiBank can be more cost-effective on its ECN tier for larger accounts, while Plus500 offers simple, spread-only pricing with optional rebates for eligible Professional clients.
| Feature |
Plus500
|
MultiBank
|
|---|---|---|
| Minimum Deposit | €50 | $50 |
| Average spread (EUR/USD) - Standard account | 1.3 | N/A |
| All-in Cost EUR/USD - Active | 1.3 | N/A |
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Plus500 vs MultiBank: both let you trade forex (via CFDs or spot), but their ranges are quite different. Plus500 lists about 5,500 tradeable symbols and 65 forex pairs, while MultiBank offers 1,042 symbols and 40 pairs. If you want to buy real shares, Plus500 supports exchange-traded securities on both U.S. and international markets; MultiBank does not offer real stock trading. Both brokers provide crypto CFDs, but only MultiBank also lets you buy actual cryptocurrency.
Feature-wise, MultiBank includes copy trading, whereas Plus500 does not. For overall range of investments, Plus500 earns 4.5/5 stars and ranks #22 out of 63 brokers at ForexBrokers.com, compared with MultiBank’s 4/5 stars and #38 ranking. In short, Plus500 is better for investors who want lots of symbols and the ability to buy real stocks, while MultiBank suits traders who want copy trading and access to both real crypto and crypto CFDs.
| Feature |
Plus500
|
MultiBank
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 1042 |
| Forex Pairs (Total) | 65 | 40 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. |
Dive deeper: Best Copy Trading Platforms.
Plus500 and MultiBank both provide free paper trading with virtual demo accounts and each has its own in-house platform. Plus500 focuses on a clean, browser-based experience and does not offer a Windows desktop download, while MultiBank includes a Windows desktop platform. For third-party tools, Plus500 does not support MetaTrader, whereas MultiBank offers both MT4 and MT5. Copy trading and trading directly from charts are available at MultiBank, but not at Plus500. Details like the exact number of chart indicators and watchlist fields aren’t specified.
In independent reviews for Trading Platforms and Tools, Plus500 earns 4.5 out of 5 stars and ranks #14 out of 63 brokers, while MultiBank scores 4 stars and ranks #40. Choose Plus500 if you want a straightforward web platform with an easy demo to practice. Pick MultiBank if you need a Windows desktop app, MetaTrader compatibility, copy trading, and the ability to place orders right from the chart.
| Feature |
Plus500
|
MultiBank
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 115 | 38 |
| Charting - Trade From Chart | No | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Plus500 vs. MultiBank for mobile trading: both brokers offer iPhone and Android apps and let you set price alerts for stocks and forex. A standout difference is watchlists—Plus500 syncs your watchlist between the mobile app and your online account, while MultiBank does not, which can matter if you switch devices often.
For charting, Plus500 includes 115 technical studies (indicators) compared with 30 on MultiBank. Both apps let you draw trendlines, but only MultiBank auto-saves chart drawings—Plus500 does not. Overall ratings favor Plus500: it earns 4.5/5 stars and is ranked #14 out of 63 brokers for Mobile Trading Apps by ForexBrokers.com, while MultiBank scores 4/5 stars and ranks #42. Choose Plus500 for more indicators and synced watchlists; pick MultiBank if auto-saving chart drawings is your top priority.
| Feature |
Plus500
|
MultiBank
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 115 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing Plus500 vs MultiBank for market research: Plus500 includes daily market commentary, Trading Central tools, and a handy sentiment gauge showing the ratio of long vs short positions. MultiBank skips daily commentary but pipes in forex news from top-tier sources like Bloomberg/Reuters/Dow Jones–style providers. Neither broker offers Autochartist or TipRanks, and both provide an economic calendar. Plus500 does not include Acuity Trading tools; MultiBank’s use of Acuity is not specified.
On performance, Plus500 earns 4.0/5 stars for Research and ranks #19 out of 63 brokers at ForexBrokers.com, while MultiBank scores 3.5/5 stars and ranks #50. In short, pick Plus500 if you want daily commentary, Trading Central, and sentiment data; choose MultiBank if integrated premium news feeds are your priority.
| Feature |
Plus500
|
MultiBank
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | No | 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 beginners seeking forex and CFD education, both Plus500 and MultiBank provide at least 10 beginner-focused videos that explain trading basics in plain terms. Plus500 adds live learning with monthly educational client webinars, giving new traders a chance to learn in real time—something MultiBank does not offer. As you progress, Plus500 also supplies at least 10 advanced videos, while MultiBank does not meet that advanced-video threshold.
Independent ratings back up the difference in overall education: Plus500 earns 4.0 stars and ranks #31 out of 63 brokers for Education at ForexBrokers.com, while MultiBank holds 3.5 stars and ranks #50. If you value ongoing webinars and a deeper path from beginner to advanced topics, Plus500 is the stronger choice. If you mainly want on-demand beginner videos to get started with forex and CFDs, both brokers can work.
| Feature |
Plus500
|
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 Plus500 is better than MultiBank. Plus500 finished with an overall rank of #14, while MultiBank finished with an overall rank of #40.
Plus500 is a trusted global brand that offers an easy-to-use trading platform for online traders, alongside access to a thorough selection of CFDs. Share trading is available, but only via its Plus500 Invest product offering.
| Feature |
Plus500
|
MultiBank
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 99 | 84 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
In the Plus500 vs MultiBank comparison for cryptocurrency trading, Plus500 offers crypto CFDs only (no ability to buy actual, delivered cryptocurrency), while MultiBank provides both real cryptocurrency purchases and crypto CFDs.
In a Plus500 vs MultiBank payment-methods comparison: Plus500 supports PayPal, Skrill and bank wire for deposits and withdrawals but not ACH or SEPA, while MultiBank does offer ACH/SEPA; MultiBank’s support for PayPal, Skrill and bank wires, as well as Visa/Mastercard availability for either broker, was 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 | Plus500 | MultiBank | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 84 | |
| Winner | check_circle | ||
| Review | Plus500 Review | MultiBank Review |
| Broker Screenshots | Plus500 | MultiBank | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| Regulation | Plus500 | MultiBank | |
|---|---|---|---|
| Trust Score | 99 | 84 | |
| Year Founded | 2008 | 2005 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 6 | 3 | |
| Tier-2 Licenses | 3 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 3 |
| Tier-1 Licenses (Highly Trusted) | Plus500 | MultiBank | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | Yes | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Plus500 | MultiBank | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Plus500 | MultiBank | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 1042 | |
| Forex Pairs (Total) | 65 | 40 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. |
| Cost | Plus500 | MultiBank | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.3 | N/A | |
| All-in Cost EUR/USD - Active | 1.3 | N/A | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Plus500 | MultiBank | |
|---|---|---|---|
| Minimum Deposit | €50 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | Yes |
| Trading Platforms | Plus500 | MultiBank | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | Plus500 | MultiBank | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 115 | 38 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Plus500 | 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 | 115 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Plus500 | MultiBank | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Plus500 | MultiBank | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Plus500 | MultiBank | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Plus500 Review | MultiBank Review |
| Overall | Plus500 | MultiBank | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 84 | |
| Winner | check_circle | ||
| Review | Plus500 Review | MultiBank Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill