Written by ForexBrokers.com
In this head to head comparison of Vantage 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.
Founded in 2009, Vantage is an online broker not publicly traded and not a bank. It holds two Tier-1 licenses and one Tier-2 license, reflecting its strong regulatory standing. With a Trust Score of 90 from ForexBrokers.com, Vantage is considered highly trusted, making it a reliable choice for those looking to trade with confidence.
In comparison, MultiBank was established earlier in 2005 and, like Vantage, it is not publicly traded and not a bank. MultiBank boasts three Tier-1 licenses and one Tier-2 license, indicating a good regulatory status. However, it has a Trust Score of 84, placing it in the trusted category but slightly below Vantage in terms of overall trust. This may be an essential consideration for potential investors seeking robust regulatory oversight.
| Feature |
Vantage
|
MultiBank
|
|---|---|---|
| Year Founded | 2009 | 2005 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 3 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 3 |
Vantage vs. MultiBank commissions and fees: both brokers offer tiered account choices that trade off spreads, commissions, and minimum deposits. Vantage earns 4.5 out of 5 stars for commissions and fees and ranks #20 out of 63 brokers at ForexBrokers.com. MultiBank earns 4 out of 5 stars and ranks #39 out of 63.
Vantage has three accounts: Standard STP (spread-only), RAW ECN, and PRO ECN. Typical EUR/USD spreads were 1.30 pips on the Standard account (March 2023). The RAW ECN account averaged 0.15 pips plus a $3 commission per side ($6 round turn), for about 0.75 pips all-in during the same period. The PRO ECN account lowers the commission to $2 per side ($4 round turn). Eligibility for PRO ECN varies by entity: in Australia you must qualify as a wholesale client, while under the Cayman Islands entity you need at least $10,000 to open. Vantage also runs an active trader program with rebates of $2–$8 per standard lot based on balance and monthly volume, but it applies only to the higher-spread Standard account.
MultiBank also offers Standard, Pro, and ECN accounts. The Standard account has a $50 minimum deposit but carries higher spreads. The Pro account lowers spreads with a $1,000 minimum. The ECN account targets the lowest spreads and charges a small $3 round‑trip commission per trade, with a $10,000 minimum deposit. Note the non-trading cost: an inactivity fee of $60 per month after 90 days without trading. In short, MultiBank’s ECN shows the lowest listed commission ($3 round trip) but has a higher entry bar, while Vantage’s PRO ECN sits at $4 round trip and may offer better value for eligible clients; Vantage’s RAW ECN is $6 round trip but published all-in EUR/USD pricing points to competitive totals.
| Feature |
Vantage
|
MultiBank
|
|---|---|---|
| Minimum Deposit | $50 | $50 |
| Average spread (EUR/USD) - Standard account | 1.30 | N/A |
| All-in Cost EUR/USD - Active | 0.75 | N/A |
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing Vantage vs MultiBank on range of investments: both support forex trading via CFDs/spot and both offer copy trading. MultiBank lists slightly more total instruments (about 1,042 vs Vantage’s 1,000), while Vantage leads in forex pairs (61 vs 40). Neither broker lets you buy exchange-traded U.S. or international stocks directly (non-CFDs).
For crypto, both provide cryptocurrency CFDs, but only MultiBank also lets you buy actual crypto. Overall, MultiBank earns a higher Range of Investments score (4 stars, ranked 38th of 63 by ForexBrokers.com) compared with Vantage (3.5 stars, ranked 51st). Pick Vantage if you want more forex pairs; choose MultiBank if you prefer a slightly broader instrument list and access to real crypto alongside CFDs.
| Feature |
Vantage
|
MultiBank
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 1042 |
| Forex Pairs (Total) | 61 | 40 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | 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.
Vantage and MultiBank line up closely on trading platforms and tools. Both provide free demo (paper) accounts, proprietary platforms, and access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can trade on Windows desktop downloads or through web-based platforms, use copy trading, and place orders directly from price charts. In short, each broker covers the platform basics most traders look for, from testing strategies in a demo to executing trades from charts on MT4/MT5 or the brokers’ own platforms.
For quality scores, both earn 4 out of 5 stars for Trading Platforms and Tools. However, according to ForexBrokers.com, Vantage ranks higher at #21 out of 63 brokers, while MultiBank is #40. If rankings matter to you, this suggests Vantage may have a slight edge, though MultiBank still offers the same key platform features many traders need.
| Feature |
Vantage
|
MultiBank
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 38 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Vantage and MultiBank both deliver full-featured mobile trading apps for iPhone and Android. Each app supports price alerts for stocks and forex, offers 30 technical studies for charting, lets you draw trendlines, and auto-saves your chart drawings. One limitation to note: neither broker syncs watchlists between the mobile app and the web platform, so changes won’t carry over.
Both apps earn 4 out of 5 stars, but Vantage ranks higher in ForexBrokers.com’s Mobile Trading Apps category (#29 out of 63) than MultiBank (#42). If you want similar tools and charts on the go, either app will work; if industry ranking matters to you, Vantage has the edge.
| Feature |
Vantage
|
MultiBank
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Vantage offers a fuller market research suite than MultiBank. Both brokers stream forex news from top-tier sources and provide an economic calendar, and neither includes TipRanks. However, Vantage adds daily market commentary, Autochartist pattern-recognition tools, Trading Central analytics, and a sentiment tool that shows the ratio of long vs. short positions—features MultiBank does not offer. If you want built-in analysis and trading ideas alongside headline news, Vantage has the edge; if you mainly need news and a calendar, MultiBank covers the basics.
Independent ratings reflect this gap: Vantage scores 4 out of 5 stars for Research and ranks #22 out of 63 brokers at ForexBrokers.com, while MultiBank earns 3.5 stars and ranks #50. For traders comparing Vantage vs. MultiBank on market research, Vantage is better suited to those who value daily commentary, technical insights, and sentiment data.
| Feature |
Vantage
|
MultiBank
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | Yes | No |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing Vantage and MultiBank for beginner-friendly education, both brokers make it easy to start learning with at least 10 beginner videos that explain core trading topics for forex and CFDs. Vantage stands out by running client webinars at least once a month, giving newcomers the chance to ask questions and learn in real time, while MultiBank does not offer monthly educational webinars.
For traders who plan to grow their skills over time, Vantage also provides 10 or more advanced videos for experienced traders, whereas MultiBank does not. These differences show up in independent ratings: Vantage earns 4 stars and ranks 24th out of 63 brokers for Education on ForexBrokers.com, while MultiBank scores 3.5 stars and ranks 50th. If live learning and a deeper library matter, Vantage is the stronger pick; if you just want beginner videos to get started, both brokers can work.
| Feature |
Vantage
|
MultiBank
|
|---|---|---|
| Webinars | Yes | 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 Vantage is better than MultiBank. Vantage finished with an overall rank of #26, while MultiBank finished with an overall rank of #40.
Vantage rounds out its MetaTrader platform suite offering with support for multiple social trading platforms, content powered by Trading Central and a proprietary mobile app. However, Vantage trails industry leaders in key areas such as research and education.
| Feature |
Vantage
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MultiBank
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|---|---|---|
| Overall Rating |
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| Trust Score | 90 | 84 |
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Vantage vs MultiBank: MultiBank lets you buy actual (delivered) cryptocurrency and trade cryptocurrency CFDs, whereas Vantage does not support buying real crypto but does offer crypto CFD trading.
In the Vantage vs MultiBank comparison of deposit and withdrawal methods, Vantage offers PayPal, Skrill, and bank wires but not ACH/SEPA (Visa/Mastercard availability not specified), while MultiBank provides ACH/SEPA, Skrill, and bank wires but not PayPal (Visa/Mastercard availability 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 | Vantage | MultiBank | |
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| Trust Score | 90 | 84 | |
| Winner | check_circle | ||
| Review | Vantage Review | MultiBank Review |
| Broker Screenshots | Vantage | MultiBank | |
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| Regulation | Vantage | MultiBank | |
|---|---|---|---|
| Trust Score | 90 | 84 | |
| Year Founded | 2009 | 2005 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 3 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 3 |
| Tier-1 Licenses (Highly Trusted) | Vantage | MultiBank | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | 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). | No | Yes |
| Tier-2 Licenses (Trusted) | Vantage | MultiBank | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Vantage | MultiBank | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 1042 | |
| Forex Pairs (Total) | 61 | 40 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | 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 | Vantage | MultiBank | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.30 | N/A | |
| All-in Cost EUR/USD - Active | 0.75 | N/A | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Vantage | MultiBank | |
|---|---|---|---|
| Minimum Deposit | $50 | $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 | Vantage | MultiBank | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | Vantage | MultiBank | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 38 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Vantage | MultiBank | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - 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 | Vantage | MultiBank | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Vantage | MultiBank | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Vantage | MultiBank | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Vantage Review | MultiBank Review |
| Overall | Vantage | MultiBank | |
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| Trust Score | 90 | 84 | |
| Winner | check_circle | ||
| Review | Vantage Review | MultiBank Review |
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