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 |
When comparing Trading 212 and MultiBank for commissions and fees, both online brokers have distinct structures that cater to different types of traders. Trading 212, with a star rating of 4 out of 5, offers a CFD account that requires a minimum deposit of 10 euros. It promotes zero-commission trading but compensates through spreads, with an average spread of 2.7 pips for the EUR/USD pair as of April 2025. This spread is notably higher than the industry average, which places Trading 212 at a competitive disadvantage in this aspect. It ranks at number 49 out of 63 brokers according to ForexBrokers.com for its commissions and fees.
On the other hand, MultiBank, also rated 4 out of 5 stars, provides three varied account types for forex and CFD trading: Standard, Pro, and ECN. While the Standard account offers a low $50 minimum deposit, it comes with relatively higher spreads, making it less appealing except for beginners. The Pro account requires a $1,000 deposit and offers more favorable spreads. For those seeking the lowest possible spreads, the ECN account is available, featuring a $10,000 deposit requirement and a small commission of $3 per trade. MultiBank's comprehensive structure positions it at number 38 out of 63 brokers in the same category ranking.
Adding to the fees, MultiBank imposes an inactivity fee of $60 monthly if no trading occurs for 90 days, an aspect to consider for traders who take extended breaks from trading. Both brokers offer competitive options for traders, but their differences in spreads and account requirements can heavily influence a trader's decision depending on their experience level and trading strategy preference.
| Feature |
Trading 212
|
MultiBank
|
|---|---|---|
| Minimum Deposit | €1 | $50 |
| Average Spread EUR/USD - Standard | 2.7 | N/A |
| All-in Cost EUR/USD - Active | 2.7 | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing Trading 212 and MultiBank, both platforms offer forex trading as CFDs or spot contracts, but their range of investments varies significantly. Trading 212 stands out with a broader selection, offering 7,868 tradeable symbols, including 146 forex pairs. In contrast, MultiBank provides 1,042 symbols with 40 forex pairs. Trading 212 also enables clients to buy exchange-traded securities on both U.S. and international exchanges, allowing for direct investment in companies like Apple and Vodafone. Meanwhile, MultiBank does not offer direct purchase of exchange-traded securities on these markets but does provide copy trading and the ability to buy actual cryptocurrencies.
Both brokers facilitate trading in cryptocurrency derivatives, but Trading 212 does not support the direct acquisition of cryptocurrencies, unlike MultiBank. Overall, Trading 212 receives a slight edge with a 5-star rating for its range of investments, ranking 15th out of 63 brokers according to ForexBrokers.com. Meanwhile, MultiBank holds a 4-star rating and ranks 37th, highlighting the more extensive options available through Trading 212 for those seeking a wide array of investment opportunities.
| Feature |
Trading 212
|
MultiBank
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7868 | 1042 |
| Forex Pairs (Total) | 146 | 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). |
Dive deeper: Best Copy Trading Platforms.
When it comes to trading platforms and tools, both Trading 212 and MultiBank offer compelling services, each catering to different preferences. For those keen on simulated trading, both brokers provide a free virtual demo account, allowing users to practice without financial risk. Trading 212 and MultiBank each present their proprietary platforms developed in-house, with Trading 212 solely focusing on a user-friendly web-based platform, whereas MultiBank extends its offerings to include a Windows-based desktop platform too. Notably, while both support web-based trading, Trading 212 does not offer copy trading features or support MetaTrader platforms, such as MT4 or MT5, which are available through MultiBank, alongside its unique support for copy trading. Both brokers allow trading directly from stock charts, but Trading 212 comes ahead with 20 drawing tools, compared to 17 offered by MultiBank, enhancing the user’s charting experience.
For traders interested in watch lists, MultiBank provides a slight edge with seven customizable columns compared to Trading 212’s five. Despite these differences, both brokers rate equally at four out of five stars for their trading platforms and tools. However, Trading 212 achieves a higher ranking of 20th out of 63 brokers according to ForexBrokers.com, whereas MultiBank is positioned at 39th in the same category. This suggests that while both offer strong platforms, Trading 212 gains a slight advantage in terms of user satisfaction and overall platform ranking. Whether you value MultiBank's additional features or Trading 212’s streamlined experience, your choice will largely depend on which platform specifics align better with your personal trading style.
| Feature |
Trading 212
|
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) | 54 | 38 |
| Charting - Drawing Tools (Total) | 20 | 17 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 5 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Trading 212 and MultiBank, both platforms cater to iPhone and Android users, supporting traders with essential features like stock and forex price alerts. Trading 212 edges out with features such as watchlist symbol syncing, allowing seamless updates across devices—something MultiBank doesn't offer. In terms of charting tools, Trading 212 provides a remarkable 104 technical studies, far surpassing MultiBank's offering of 30 studies. However, both apps allow drawing trendlines and viewing charts across various time frames, while also auto-saving these custom drawings.
For those interested in real-time market data, both Trading 212 and MultiBank equip users with the ability to create watchlists with live quotes. Despite these similarities, there is a notable difference in their industry rankings. Trading 212 secures the 17th spot out of 63 brokers reviewed by ForexBrokers.com for mobile trading apps, whereas MultiBank sits at 41st place. Both apps have received a respectable rating of 4 out of 5 stars, reflecting their user-friendly designs and comprehensive trading functionalities.
| Feature |
Trading 212
|
MultiBank
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Trading 212 and MultiBank in terms of market research offerings, there are a few key distinctions to consider. Both brokers provide forex news from top-tier sources like Bloomberg and Reuters, giving traders access to essential market updates. However, neither broker offers daily market commentary, nor do they provide technical analysis tools from industry leaders such as Autochartist or Trading Central. One area where Trading 212 stands out is its sentiment-based trading tool, which displays the ratio of long and short positions across various instruments—a feature not available with MultiBank.
Both Trading 212 and MultiBank offer an economic calendar to help traders keep track of global news events, further aiding in strategic trading decisions. In terms of research ratings, both brokers receive 3.5 out of 5 stars, reflecting a moderate level of satisfaction among their users. Notably, Trading 212 is ranked #44 out of 63 brokers by ForexBrokers.com for research, slightly ahead of MultiBank, which is positioned at #49. Overall, while both brokers provide valuable news services, Trading 212 offers slightly more in terms of sentiment analysis for traders seeking additional insights.
| Feature |
Trading 212
|
MultiBank
|
|---|---|---|
| Daily Market Commentary | No | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, Trading 212 and MultiBank both provide a solid foundation. Both platforms offer more than ten educational pieces focused on forex or CFDs, ensuring newcomers have a variety of materials to start with. However, neither brokerage offers monthly online educational webinars, which could be a disadvantage for those who prefer live learning sessions. Trading 212 leads in offering a searchable archive of previously recorded webinars, giving learners the chance to revisit past sessions, a feature that MultiBank lacks.
Trading 212 offers added value through its extensive library of beginner-focused and advanced educational videos, catering to a range of learning stages. In contrast, while MultiBank provides beginner videos, it falls short in supplying content targeted toward more experienced traders. Trading 212 further separates itself by providing an investor dictionary containing over 50 investing terms, a resource not available through MultiBank. Both brokers earn a respectable 3.5-star rating for their educational offerings, but Trading 212 is ranked 20th out of 63 brokers by ForexBrokers.com, outperforming MultiBank, which is ranked 50th.
| Feature |
Trading 212
|
MultiBank
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | 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 |
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| Trust Score | 80 | 84 |
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Trading 212 does not facilitate the purchase of actual (delivered) cryptocurrency but does offer cryptocurrency derivatives, whereas MultiBank provides options for buying both actual cryptocurrency and cryptocurrency derivatives.
Trading 212 and MultiBank both support ACH, SEPA transfers, Visa/Mastercard, and bank wires for depositing and withdrawing funds, but differ in additional payment methods, with Trading 212 offering PayPal and MultiBank supporting Skrill.
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 | Trading 212 | MultiBank | |
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| Trust Score | 80 | 84 | |
| Winner | check_circle | ||
| Review | Trading 212 Review | MultiBank Review |
| Broker Screenshots | Trading 212 | MultiBank | |
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| 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) | No | No | |
| 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) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Trading 212 | MultiBank | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7868 | 1042 | |
| Forex Pairs (Total) | 146 | 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). |
| Cost | Trading 212 | MultiBank | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 2.7 | N/A | |
| All-in Cost EUR/USD - Active | 2.7 | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Trading 212 | MultiBank | |
|---|---|---|---|
| Minimum Deposit | €1 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | Trading 212 | 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 | Trading 212 | MultiBank | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 5 | 7 | |
| Charting - Indicators / Studies (Total) | 54 | 38 | |
| Charting - Drawing Tools (Total) | 20 | 17 | |
| 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 Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 104 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Trading 212 | MultiBank | |
|---|---|---|---|
| Daily Market Commentary | No | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Trading 212 | MultiBank | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Trading 212 | 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 | Trading 212 Review | MultiBank Review |
| Overall | Trading 212 | MultiBank | |
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| Trust Score | 80 | 84 | |
| Winner | check_circle | ||
| Review | Trading 212 Review | MultiBank Review |
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