MultiBank vs Trade360 2023

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, MultiBank offers better pricing overall for traders.

At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. MultiBank holds 2 global Tier-1 licenses, while Trade360 holds 1. Both MultiBank and Trade360 hold 1 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, MultiBank earned a higher Trust Score than Trade360.

To compare the trading platforms of both MultiBank and Trade360, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Trade360 offers a better experience. With research, Trade360 offers superior market research. Finally, we found Trade360 to provide better mobile trading apps.

For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Neither broker offers Meta Trader.MultiBank and Trade360 both offer copy trading.

Trade360 provides traders 49 currency pairs (e.g., EUR/USD) compared to MultiBank's 41 available pairs. Forex pairs aside, Trade360 offers traders access to 1062 CFDs while MultiBank has 1042 available CFDs, a difference of 20.

MultiBank Group is not publicly traded, does not operate a bank, and is authorised by two tier-1 regulators (high trust), one tier-2 regulator (average trust), and three tier-3 regulators (low trust). MultiBank Group is authorised by the following tier-1 regulators: the Australian Securities & Investment Commission (ASIC) and the Monetary Authority of Singapore (MAS). Learn more about Trust Score.

Trade360 is not publicly traded and does not operate a bank. Trade360 is authorized by one tier-1 regulator (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust). Trade360 is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC).

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.

Trade360 offers over a thousand symbols on its innovative app for web and mobile. It also supports MetaTrader 5 (MT5), making it a versatile platform for forex and CFD trading. That said, Trade360’s market research and educational content are limited, and spreads are fairly expensive compared to peers.