Written by ForexBrokers.com
In this head to head comparison of Tickmill 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.
Tickmill, founded in 2014, is an online broker that is not publicly traded and not a bank. It holds 2 Tier-1 licenses, which establishes it as highly trusted according to ForexBrokers.com, and also possesses 2 Tier-2 licenses. With a Trust Score of 86 out of 99, Tickmill is categorized as a trusted broker, providing customers with a sense of security and credibility in their online trading endeavors.
MultiBank, established in 2005, shares the same status of being neither publicly traded nor a bank. This broker stands out with 3 Tier-1 licenses, showing a commitment to high standards of trust, alongside 1 Tier-2 license. Earning a Trust Score of 84 out of 99 on ForexBrokers.com, MultiBank is also deemed a trusted broker. Both Tickmill and MultiBank offer solid safety ratings, supported by their regulatory licenses, making them appealing choices for online traders.
| Feature |
Tickmill
|
MultiBank
|
|---|---|---|
| Year Founded | 2014 | 2005 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 3 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 3 |
For low trading costs, Tickmill stands out over MultiBank. Tickmill earns 5 stars for commissions and fees and ranks #4 out of 63 brokers, while MultiBank earns 4 stars and ranks #39. Both offer multiple account types, but Tickmill’s pricing is generally sharper for active traders when you factor in spreads plus commissions.
Tickmill’s Classic account is commission-free but carries higher average spreads (about 1.76 pips as of August 2023). Its Raw account, which replaced the Pro account, charges a $3-per-side commission ($6 per standard lot) and lists a typical EUR/USD spread of 0.11 pips. That puts the all-in cost around 0.71 pips after the commission increase. The Raw account keeps the entry bar low with a $100 minimum and is designed to deliver the most competitive pricing for frequent traders.
MultiBank offers three choices: Standard (from $50 minimum, higher spreads), Pro (from $1,000, lower spreads), and ECN (from $10,000) with its tightest pricing and a small $3 round-trip commission per trade. Keep in mind MultiBank charges a $60 monthly inactivity fee after 90 days without trading. While MultiBank’s ECN account can be appealing, its higher minimums and fee structure make Tickmill the more cost-efficient pick for many traders focused on spreads and all-in pricing.
| Feature |
Tickmill
|
MultiBank
|
|---|---|---|
| Minimum Deposit | $100 | $50 |
| Average Spread EUR/USD - Standard | 1.70 | N/A |
| All-in Cost EUR/USD - Active | 0.70 | N/A |
| Active Trader or VIP Discounts [DELETED] | ||
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) [DELETED] | ||
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Tickmill vs MultiBank: both brokers support forex trading via CFDs or spot contracts and include copy trading. MultiBank stands out for sheer breadth with 1,042 tradeable symbols, while Tickmill lists 637. If your focus is currencies, Tickmill offers more forex pairs (63) than MultiBank (40). Neither broker lets you buy exchange‑traded shares directly on U.S. or international stock exchanges. For crypto, MultiBank allows buying actual (delivered) coins and also offers crypto derivatives; Tickmill limits crypto to derivatives only.
For range of investments, ForexBrokers.com rates MultiBank at 4/5 stars (ranked #38 of 63) and Tickmill at 3.5/5 stars (ranked #43 of 63). In short, MultiBank offers a wider overall market selection and access to real crypto, while Tickmill appeals to traders who want more forex pairs alongside copy trading and CFD/spot flexibility.
| Feature |
Tickmill
|
MultiBank
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 637 | 1042 |
| Forex Pairs (Total) | 63 | 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.
Tickmill vs MultiBank: both brokers make it easy to get started with a free demo account for paper trading and they each support web and Windows desktop platforms. You can trade directly from charts and use copy trading at either broker. Each also offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The key difference is platform ownership: Tickmill does not have a proprietary, in-house platform and leans on MetaTrader, while MultiBank offers its own platform alongside MT4/MT5.
On platforms and tools, both earn 4 out of 5 stars, yet Tickmill ranks higher overall (#30 of 63) than MultiBank (#40 of 63) in ForexBrokers.com’s category results. Details such as DupliTrade, ZuluTrade, the number of technical indicators, drawing tools, and watch list columns were not specified here. If you want a broker-built platform, MultiBank stands out; if you prefer sticking with MetaTrader and a slightly higher category ranking, Tickmill is a solid pick.
| Feature |
Tickmill
|
MultiBank
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | 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 [DELETED] | ||
| ZuluTrade [DELETED] | ||
| Charting - Indicators / Studies (Total) | 91 | 38 |
| Charting - Drawing Tools (Total) [DELETED] | ||
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields [DELETED] |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Tickmill and MultiBank both check the key boxes for mobile trading: each offers an iPhone app and an Android app, supports real-time watchlists, and lets you set price alerts for stocks and forex. Their charting tools are on par, with 30 technical indicators, the ability to draw trendlines, and auto-saving of your drawings. Note that neither broker syncs watchlist symbols between the mobile app and your online account. Details about viewing multiple time frames weren’t provided.
In terms of quality scores, both brokers earn 4 stars for their mobile trading apps. Where they differ is category ranking: Tickmill sits at #30 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, while MultiBank is #42. If ranking matters to you, Tickmill holds the edge; otherwise, their mobile features are largely comparable.
| Feature |
Tickmill
|
MultiBank
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | ||
| Mobile Charting - Trendlines Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
In a Tickmill vs MultiBank market research comparison, Tickmill stands out for everyday traders who want more guidance. Tickmill provides daily market commentary, top-tier forex news (from sources like Bloomberg, Reuters, or Dow Jones), a sentiment tool that shows long/short positioning, and research from Acuity Trading (such as Signal Centre). MultiBank also delivers top-tier forex news and an economic calendar, but it does not include daily commentary or a sentiment tool; its use of Acuity Trading tools is not indicated. Neither broker offers Autochartist, Trading Central, or TipRanks, and both include an economic calendar.
Ratings back up the difference: Tickmill is rated 4 out of 5 stars for Research and ranks 21st out of 63 brokers on ForexBrokers.com, while MultiBank scores 3.5 out of 5 stars and ranks 50th. If you want daily insights and position-sentiment data alongside quality news, Tickmill is the stronger choice; if you mainly need a steady news feed and an economic calendar, both brokers deliver.
| Feature |
Tickmill
|
MultiBank
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners comparing forex and CFD education, both Tickmill and MultiBank offer at least 10 beginner video lessons, making it easy to learn core trading topics through short, digestible content. Tickmill goes further with live client webinars held at least once per month, while MultiBank does not provide monthly educational webinars. Tickmill also includes at least 10 advanced trading videos to help you grow past the basics, whereas MultiBank does not meet that advanced-video threshold. The information provided does not confirm whether either broker has a larger education library beyond videos, a searchable archive of recorded webinars, or an investor dictionary with 50+ terms.
Based on third-party evaluations, Tickmill earns 4 stars for Education and ranks #15 out of 63 brokers at ForexBrokers.com, while MultiBank holds 3.5 stars and ranks #50. In short: choose Tickmill if you value ongoing live classes and a clear path from beginner to more advanced material; choose MultiBank if your focus is primarily on starter video lessons without live sessions.
| Feature |
Tickmill
|
MultiBank
|
|---|---|---|
| Education (Forex or CFDs) | ||
| Webinars | Yes | No |
| Client Webinars (Archived) [DELETED] | ||
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) [DELETED] |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Tickmill is better than MultiBank. Tickmill finished with an overall rank of #22, while MultiBank finished with an overall rank of #40.
Tickmill is a run-of-the-mill MetaTrader broker that offers a limited selection of tradeable securities. The broker does offer very competitive commission-based pricing for professionals through its VIP and Pro accounts.
| Feature |
Tickmill
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MultiBank
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 84 |
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When comparing online brokers Tickmill and MultiBank in the realm of cryptocurrency trading, it's notable that while both platforms offer the ability to buy cryptocurrency derivatives, only MultiBank provides the capability to purchase actual, delivered cryptocurrency.
In comparing online brokers Tickmill and MultiBank, Tickmill supports PayPal, Skrill, and bank wire deposits/withdrawals but not ACH/SEPA, whereas MultiBank supports ACH/SEPA, Skrill, and bank wires but not PayPal; Visa or Mastercard availability for both 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 | Tickmill | MultiBank | |
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| Trust Score | 86 | 84 | |
| Winner | check_circle | ||
| Review | Tickmill Review | MultiBank Review |
| Broker Screenshots | Tickmill | MultiBank | |
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| Regulation | Tickmill | MultiBank | |
|---|---|---|---|
| Trust Score | 86 | 84 | |
| Year Founded | 2014 | 2005 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 3 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 3 |
| Tier-1 Licenses (Highly Trusted) | Tickmill | MultiBank | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | 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) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | 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) | Tickmill | MultiBank | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Tickmill | MultiBank | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 637 | 1042 | |
| Forex Pairs (Total) | 63 | 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 | Tickmill | MultiBank | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.70 | N/A | |
| All-in Cost EUR/USD - Active | 0.70 | N/A | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Tickmill | MultiBank | |
|---|---|---|---|
| Minimum Deposit | $100 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | Yes |
| Trading Platforms | Tickmill | MultiBank | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | 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 |
| Trading Tools | Tickmill | MultiBank | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 91 | 38 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Tickmill | MultiBank | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Tickmill | MultiBank | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Tickmill | MultiBank | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Tickmill | 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 | Tickmill Review | MultiBank Review |
| Overall | Tickmill | MultiBank | |
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| Trust Score | 86 | 84 | |
| Winner | check_circle | ||
| Review | Tickmill Review | MultiBank Review |
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