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 | 1.3 | N/A |
| All-in Cost EUR/USD - Active | 1.3 | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | 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.
Plus500 vs. MultiBank for range of investments: Both brokers support forex trading (via CFDs or spot). Plus500 offers about 5,500 tradeable symbols and 65 forex pairs, while MultiBank provides roughly 1,042 symbols and 40 pairs. Plus500 also lets clients buy exchange-traded securities on U.S. and international markets—such as Apple and Vodafone—whereas MultiBank does not offer exchange-listed shares. For social features, MultiBank includes copy trading, but Plus500 does not. In crypto, MultiBank allows purchases of actual (delivered) cryptocurrency, and both brokers offer cryptocurrency derivatives.
On independent ratings for range, Plus500 scores 4.5/5 stars and ranks #22 of 63 at ForexBrokers.com; MultiBank scores 4/5 stars and ranks #38. Choose Plus500 if you want a larger selection and access to real shares worldwide, and pick MultiBank if copy trading and the ability to own crypto directly are priorities.
| Feature |
Plus500
|
MultiBank
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 1042 |
| Forex Pairs (Total) | 65 | 40 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. |
Dive deeper: Best Copy Trading Platforms.
Plus500 and MultiBank both offer free demo accounts and proprietary, web-based trading platforms. The big differences come down to platform choice and features: MultiBank adds a Windows desktop download and supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), plus it offers copy trading. Plus500 does not support MT4/MT5 or copy trading, and it doesn’t have a Windows desktop platform. Neither broker integrates DupliTrade or ZuluTrade.
For charting and workflow, Plus500 provides 36 drawing tools versus 17 at MultiBank, while MultiBank lets you place trades directly from charts (Plus500 does not). Watchlists on Plus500 include 10 columns compared with 7 at MultiBank. In independent testing for Trading Platforms and Tools, Plus500 earned 4.5 stars and ranked #14 out of 63 brokers, while MultiBank earned 4 stars and ranked #40. Choose Plus500 if you want a streamlined web platform with deeper drawing tools, or go with MultiBank if you need MT4/MT5, a Windows desktop app, and copy trading.
| Feature |
Plus500
|
MultiBank
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 115 | 38 |
| Charting - Drawing Tools (Total) | 36 | 17 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 10 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Plus500 and MultiBank both deliver full-featured mobile trading apps for iPhone and Android. Each app supports real-time watchlists, price alerts, trendline drawing, and multiple time frames for charts. The biggest differences show up in charting and syncing: Plus500 offers 115 technical studies versus MultiBank’s 30, and Plus500 syncs watchlists between the app and your online account, so changes carry over automatically. MultiBank, on the other hand, auto-saves your chart drawings, while Plus500 does not.
In independent assessments, Plus500 earns 4.5 stars and ranks #14 out of 63 brokers for Mobile Trading Apps, while MultiBank scores 4 stars and ranks #42. If you want deeper chart tools and seamless watchlist syncing, Plus500 stands out. If auto-saving chart annotations matters most, MultiBank may be the better fit. Both are solid options for traders who rely on alerts and on-the-go market tracking.
| Feature |
Plus500
|
MultiBank
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 115 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | 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 | Yes | No |
| Forex News (Top-Tier Sources) | No | 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 educating beginners, Plus500 emerges as a comprehensive choice with its wide array of resources. This platform not only delivers over ten educational pieces focusing on forex and CFDs but also hosts monthly webinars for its clients. These sessions, along with a library of recorded webinars, allow traders to learn at their own pace. Beginners have access to over ten insightful trading videos, providing a solid introduction to the world of trading. Plus500 also caters to advanced traders with additional in-depth video content. Despite lacking an investor dictionary, Plus500's focus on regular webinars and extensive video materials has earned it a strong 4.0-star rating for education, positioning it 31st among 63 brokers according to ForexBrokers.com.
In contrast, MultiBank also offers more than ten educational pieces and beginner-friendly videos. However, it falls short in a few key areas. MultiBank does not provide any webinars for client education, nor does it maintain a searchable archive of past sessions, limiting the opportunities for interactive learning. Furthermore, while it does cater to beginners, it does not offer dedicated content for advanced traders and lacks an investor dictionary. Consequently, MultiBank receives a slightly lower education rating of 3.5 stars and ranks 50th in the Education category according to ForexBrokers.com. When comparing the educational offerings of these two brokers, Plus500 holds a definitive edge with its additional resources and interactive learning opportunities.
| Feature |
Plus500
|
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) | No | 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
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MultiBank
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 84 |
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While both Plus500 and MultiBank provide the option to trade cryptocurrency derivatives, only MultiBank allows users to purchase actual, delivered cryptocurrencies, giving it an advantage for investors seeking ownership of digital assets.
Plus500, unlike MultiBank, does not support ACH or SEPA transfers but accepts PayPal, Skrill, Visa, Mastercard, and bank wires for deposits and withdrawals, whereas MultiBank permits ACH, SEPA, Skrill, Visa, Mastercard, and bank wire transfers but does not support 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 | Plus500 | MultiBank | |
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| Trust Score | 99 | 84 | |
| Winner | check_circle | ||
| Review | Plus500 Review | MultiBank Review |
| Broker Screenshots | Plus500 | MultiBank | |
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| 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/Central Bank 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. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. |
| Cost | Plus500 | MultiBank | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.3 | N/A | |
| All-in Cost EUR/USD - Active | 1.3 | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Plus500 | MultiBank | |
|---|---|---|---|
| Minimum Deposit | €50 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | 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 | Plus500 | MultiBank | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Plus500 | MultiBank | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 10 | 7 | |
| Charting - Indicators / Studies (Total) | 115 | 38 | |
| Charting - Drawing Tools (Total) | 36 | 17 | |
| 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 Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 115 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Plus500 | MultiBank | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Plus500 | 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) | No | No |
| Major Forex Pairs | Plus500 | MultiBank | |
|---|---|---|---|
| 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 | Plus500 Review | MultiBank Review |
| Overall | Plus500 | MultiBank | |
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| Trust Score | 99 | 84 | |
| Winner | check_circle | ||
| Review | Plus500 Review | MultiBank Review |
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