Written by ForexBrokers.com
In this head to head comparison of Trading 212 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.
Trading 212 and MultiBank provide online brokerage services and offer users a wide range of financial products. Founded in 2004, Trading 212 holds three Tier-1 licenses but lacks any Tier-2 licenses, earning a Trust Score rating of 80 by ForexBrokers.com. Established in 2005, MultiBank also holds three Tier-1 licenses and is bolstered by one additional Tier-2 license, resulting in a higher Trust Score rating of 84. Neither broker is publicly traded or operates as a bank, which is an important factor for some investors.
Based on the Trust Score, MultiBank is considered more reliable, better aligning with its slightly higher score in comparison to Trading 212. However, each broker maintains a commendable level of trust as per ForexBrokers.com's standards, falling within the "trusted" category for secure trading. It's worth noting that both platforms have been in the industry for a considerable time, with proven track records since their inception in the mid-2000s.
| Feature |
Trading 212
|
MultiBank
|
|---|---|---|
| Year Founded | 2004 | 2005 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 3 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 3 |
Comparing commissions and fees, both Trading 212 and MultiBank earn 4 out of 5 stars. However, MultiBank ranks higher in ForexBrokers.com’s Commissions and Fees category (#39 of 63) than Trading 212 (#50 of 63), giving MultiBank a slight edge for pricing overall.
Trading 212 offers an Invest account (minimum deposit 1 euro) and a CFD account (minimum deposit 10 euros). This comparison focuses on the CFD account. While Trading 212 advertises zero-commission trading, you still pay the spread on CFDs and forex. The broker now publishes average spread data; in April 2025, the EUR/USD average spread was 2.7 pips, which is higher than the industry average and makes Trading 212 less price-competitive for that pair.
MultiBank provides three account types for forex and CFDs. The Standard account has a $50 minimum but wider spreads. The Pro account lowers spreads with a $1,000 minimum deposit. The ECN account targets the tightest pricing, requires a $10,000 minimum, and adds a $3 round-trip commission per trade. Note: MultiBank charges a $60 monthly inactivity fee after 90 days without trading.
| Feature |
Trading 212
|
MultiBank
|
|---|---|---|
| Minimum Deposit | €1 | $50 |
| Average spread (EUR/USD) - Standard account | 2.7 | N/A |
| All-in Cost EUR/USD - Active | 2.7 | N/A |
| Non-wire bank transfer | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | No | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Trading 212 vs MultiBank: for range of investments, Trading 212 offers far more market access with 7,868 tradeable symbols versus MultiBank’s 1,042. Both support forex trading (CFD/spot), but Trading 212 lists 146 forex pairs compared with MultiBank’s 40. Crypto exposure is available at both via cryptocurrency CFDs; however, only MultiBank lets you buy actual crypto, while Trading 212 does not.
If you want real shares, Trading 212 lets you buy exchange-traded U.S. stocks like Apple and international shares such as Vodafone, while MultiBank does not offer exchange-traded stocks. For social features, MultiBank supports copy trading; Trading 212 does not. Reflecting this coverage, ForexBrokers.com rates Trading 212 at 5 stars and ranks it #16 out of 63 for Range of Investments, while MultiBank earns 4 stars and ranks #38.
| Feature |
Trading 212
|
MultiBank
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7868 | 1042 |
| Forex Pairs (Total) | 146 | 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). |
Dive deeper: Best Copy Trading Platforms.
Trading 212 and MultiBank both offer free paper (demo) accounts and provide proprietary, in-house trading platforms. Trading 212 runs in your web browser and does not have a Windows desktop download, while MultiBank offers both a web platform and a Windows-based platform. If you want third-party platforms, MultiBank supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5); Trading 212 supports neither. Both brokers let you place trades directly from charts. For social features, MultiBank includes copy trading, whereas Trading 212 does not.
For trading platforms and tools, ForexBrokers.com rates both brokers 4 out of 5 stars, with Trading 212 ranked #20 of 63 and MultiBank ranked #40 of 63. In short, pick MultiBank if you want MT4/MT5, copy trading, or a Windows desktop platform; choose Trading 212 if a simple, in-house web platform and a higher category ranking appeal to you.
| Feature |
Trading 212
|
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) | 54 | 38 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Trading 212 and MultiBank both deliver mobile trading apps for iPhone and Android, with handy price alerts, trendline drawing, and auto‑saved chart annotations. A key difference is watchlists: Trading 212 syncs your watchlist between the app and your online account, while MultiBank does not, which can matter if you switch between devices.
For charting, Trading 212 offers far more technical indicators (104 vs. 30 for MultiBank), giving traders more ways to analyze stocks and forex. While both apps earn 4 out of 5 stars, ForexBrokers.com ranks Trading 212 higher (#17 of 63) than MultiBank (#42 of 63). If you want deeper charting and seamless watchlist sync, Trading 212 is the stronger pick; if you just need basic tools and alerts, either app will cover the essentials.
| Feature |
Trading 212
|
MultiBank
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Trading 212 and MultiBank offer similar research basics: both stream forex news from top-tier outlets (think Bloomberg or Reuters) and both include an economic calendar. Neither broker integrates Autochartist or Trading Central, and neither offers TipRanks. The biggest difference is sentiment data—Trading 212 provides a tool that shows the split between long and short positions, while MultiBank does not. Trading 212 does not include Acuity Trading tools; MultiBank’s support for Acuity isn’t specified.
Both brokers earn 3.5 out of 5 stars for research. In ForexBrokers.com’s rankings, Trading 212 places #45 of 63, while MultiBank comes in at #50. If a built-in sentiment gauge matters to you, Trading 212 has the edge; otherwise, their market research features are largely alike.
| Feature |
Trading 212
|
MultiBank
|
|---|---|---|
| Daily Market Commentary (Articles) | No | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | No | No |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing education for beginners, Trading 212 and MultiBank both offer sizable libraries of beginner trading videos (at least 10 each), making it easy to get started with core concepts in forex and CFDs. Neither broker runs monthly educational webinars, so live, ongoing classes aren’t part of the experience. As you advance, Trading 212 provides at least 10 videos aimed at experienced traders, while MultiBank does not, which may matter if you want content that grows with your skills.
Both brokers earn 3.5 out of 5 stars for Education from ForexBrokers.com, but their category rankings differ: Trading 212 sits at #21 of 63 brokers, while MultiBank is #50. For beginners who want a strong path from introductory lessons to more advanced topics, Trading 212 has the edge; if you only need beginner videos, either platform can work. If monthly webinars are important, you’ll need to look elsewhere.
| Feature |
Trading 212
|
MultiBank
|
|---|---|---|
| Webinars | No | 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 Trading 212 is better than MultiBank. Trading 212 finished with an overall rank of #31, while MultiBank finished with an overall rank of #40.
Best known for its mobile trading app, Trading 212 offers an easy-to-use trading platform suite for CFD and share trading, as well as a large variety of forex pairs. However, despite its well-designed platform and wide range of symbols, its lack of advanced trading tools and flat research offerings hamper Trading 212’s bid to be considered a top broker.
| Feature |
Trading 212
|
MultiBank
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 80 | 84 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
In the Trading 212 vs MultiBank comparison for crypto, MultiBank lets you buy actual (delivered) cryptocurrency and trade cryptocurrency CFDs, while Trading 212 only offers cryptocurrency CFDs and does not support purchasing real (delivered) crypto.
Trading 212 supports ACH/SEPA, PayPal and bank wires but not Skrill, while MultiBank also supports ACH/SEPA, with its PayPal, Skrill, Visa/Mastercard and bank wire options 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 | Trading 212 | MultiBank | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 80 | 84 | |
| Winner | check_circle | ||
| Review | Trading 212 Review | MultiBank Review |
| Broker Screenshots | Trading 212 | MultiBank | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| Regulation | Trading 212 | MultiBank | |
|---|---|---|---|
| Trust Score | 80 | 84 | |
| Year Founded | 2004 | 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 | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 3 |
| Tier-1 Licenses (Highly Trusted) | Trading 212 | 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) | Trading 212 | MultiBank | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Trading 212 | MultiBank | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7868 | 1042 | |
| Forex Pairs (Total) | 146 | 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). |
| Cost | Trading 212 | MultiBank | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 2.7 | N/A | |
| All-in Cost EUR/USD - Active | 2.7 | N/A | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Trading 212 | MultiBank | |
|---|---|---|---|
| Minimum Deposit | €1 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | No | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | Yes | Yes |
| Trading Platforms | Trading 212 | 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 | Trading 212 | MultiBank | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 54 | 38 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Trading 212 | 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 | 104 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Trading 212 | MultiBank | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Trading 212 | MultiBank | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Trading 212 | MultiBank | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Trading 212 Review | MultiBank Review |
| Overall | Trading 212 | MultiBank | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 80 | 84 | |
| Winner | check_circle | ||
| Review | Trading 212 Review | MultiBank Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill