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Trading 212 vs MultiBank 2023

ForexBrokers.com

Written by ForexBrokers.com

December 27, 2022

Is Trading 212 better than MultiBank? In our analysis of 23 international regulators across 62 of the best forex brokers, Trading 212 is considered average-risk, with an overall Trust Score of 77 out of 99. MultiBank Group is considered trusted, with an overall Trust Score of 82 out of 99. Learn more about Trust Score.

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Overall RatingTrading 212MultiBank
Overall Rating 4/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Offering of Investments 4/5 Stars 4/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3.5/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score 77 82
Winner check_circle
Review Trading 212 Review MultiBank Review
RegulationTrading 212MultiBank
Trust Score 77 82
Year Founded 2004 2005
Publicly Traded (Listed) No No
Bank No No
Authorised in European Union Yes info No
Tier-1 Licenses 1 2
Tier-2 Licenses 1 1
Tier-3 Licenses 0 3
Tier-1 Licenses (High Trust)Trading 212MultiBank
ASIC Authorised (Australia) No Yes
IIROC Authorised (Canada) No No
SFC Authorised (Hong Kong) No No
CBI Authorised (Ireland) No No
FSA Authorised (Japan) No No
MAS Authorised (Singapore) No Yes
FINMA Authorised (Switzerland) No No
FCA Authorised (U.K.) Yes No
CFTC Registered (USA) No No
FMA Authorised (New Zealand) No No
Tier-2 Licenses (Average Trust)Trading 212MultiBank
CBRC Authorised (China) No No
CySEC Authorised (Cyprus) Yes No
SEBI Authorised (India) No No
ISA Authorised (Israel) No No
CBR Authorised (Russia) No No
FSCA Authorised (South Africa) No No
SEC Authorised (Thailand) No No
DFSA / Central Bank Authorised (UAE) No Yes
Tier-3 Licenses (Low Trust)Trading 212MultiBank
SCB Authorised (Bahamas) No No
IFSC Authorised (Belize) No No
CIMA Authorised (Cayman Islands) No Yes
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands) No Yes
FSC Authorised (Mauritius) No No
VFSC Authorised (Vanuatu) No Yes
InvestmentsTrading 212MultiBank
Forex Trading (Spot or CFDs) Yes Yes
Tradeable Symbols (Total) 1785 1042
Forex Pairs (Total) 184 41
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 (CFD) No 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).
CostTrading 212MultiBank
Average Spread EUR/USD - Standard N/A info N/A
All-in Cost EUR/USD - Active N/A info N/A
Active Trader or VIP Discounts No No
Execution: Agency Broker Yes No
Execution: Market Maker Yes Yes
FundingTrading 212MultiBank
Minimum Deposit EUR 10 $50
PayPal (Deposit/Withdraw) Yes No
Skrill (Deposit/Withdraw) Yes Yes
Visa/Mastercard (Credit/Debit) Yes Yes
Bank Wire (Deposit/Withdraw) Yes Yes
Trading PlatformsTrading 212MultiBank
Proprietary Platform Yes No
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 Yes
DupliTrade No No
ZuluTrade No No
Trading ToolsTrading 212MultiBank
Virtual Trading (Demo) Yes Yes
Alerts - Basic Fields Yes Yes
Watchlists - Total Fields 5 7
Charting - Indicators / Studies (Total) 45 38
Charting - Drawing Tools (Total) 19 17
Charting - Trade From Chart Yes Yes
Charts can be saved Yes Yes
Mobile TradingTrading 212MultiBank
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 45 30
Mobile Charting - Draw Trendlines Yes Yes
Mobile Charting - Multiple Time Frames Yes Yes
Mobile Charting - Drawings Autosave Yes Yes
Forex Calendar Yes Yes
ResearchTrading 212MultiBank
Daily Market Commentary Yes No
Forex News (Top-Tier Sources) Yes Yes
Autochartist No No
Trading Central (Recognia) No No
Social Sentiment - Currency Pairs No No
Economic Calendar Yes Yes
EducationTrading 212MultiBank
Has Education - Forex or CFDs No No
Client Webinars No No
Client Webinars (Archived) No No
Videos - Beginner Trading Videos Yes No
Videos - Advanced Trading Videos Yes No
Investor Dictionary (Glossary) Yes No
Major Forex PairsTrading 212MultiBank
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 Trading 212 Review MultiBank Review
OverallTrading 212MultiBank
Overall Rating 4/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Offering of Investments 4/5 Stars 4/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3.5/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score 77 82
Winner check_circle
Review Trading 212 Review MultiBank Review
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Trading 212 vs MultiBank Comparison

Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare Trading 212 vs MultiBank.

Does Trading 212 or MultiBank offer lower pricing?

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.

Is Trading 212 or MultiBank safer for forex and CFDs trading?

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 Trading 212 holds 1. Both Trading 212 and MultiBank hold 1 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, MultiBank earned a higher Trust Score than Trading 212.

Which trading platform is better: Trading 212 or MultiBank?

To compare the trading platforms of both Trading 212 and MultiBank, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Trading 212 offers a better experience. With research, Trading 212 offers superior market research. Finally, we found Trading 212 to provide better mobile trading apps.

What about MetaTrader and copy trading?

For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Neither broker offers Meta Trader.Copy trading is not offered by either broker.

How many forex pairs and CFDs are available to trade?

Trading 212 provides traders 184 currency pairs (e.g., EUR/USD) compared to MultiBank's 41 available pairs. Forex pairs aside, Trading 212 offers traders access to 1785 CFDs while MultiBank has 1042 available CFDs, a difference of 743.

Can I trust Trading 212?

Trading 212 is not publicly traded and does not operate a bank. Trading 212 is authorized by one tier-1 regulator (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust). Trading 212 is authorised by the following tier-1 regulator: the Financial Conduct Authority (FCA).

Can I trust MultiBank?

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.

Is Trading 212 good?

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.

Is MultiBank good?

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.

Overall winner: Trading 212

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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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