Written by ForexBrokers.com
In this head to head comparison of MultiBank vs VT Markets, 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.
Comparing MultiBank and VT Markets reveals differences in their trustworthiness and regulatory standings. MultiBank, established in 2005, has earned a Trust Score of 84 on ForexBrokers.com, placing it in the 'trusted' category. It holds three Tier-1 licenses and one Tier-2 license, signaling a strong regulatory foundation. In contrast, VT Markets, founded in 2016, has a Trust Score of 70, reflecting an 'average risk' standing as per ForexBrokers.com. VT Markets holds one Tier-1 license and one Tier-2 license, which provides a satisfactory level of regulatory oversight.
Neither MultiBank nor VT Markets is publicly traded or operates as a bank. This distinction emphasizes their sole focus as online brokers. For those evaluating online trading options based on regulatory security, MultiBank's more extensive collection of Tier-1 licenses could be a significant consideration, whereas VT Markets maintains a basic, though decent, trust level through its regulatory licenses.
| Feature |
MultiBank
|
VT Markets
|
|---|---|---|
| Year Founded | 2005 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 0 |
MultiBank offers three types of accounts for forex and CFD trading: Standard, Pro, and ECN. The Standard account, with a $50 minimum deposit, has higher spreads and might not be ideal unless you are just starting. For more experienced traders, the Pro account requires a $1,000 minimum deposit and offers lower spreads. The ECN account offers the lowest spreads with a $10,000 deposit and charges a $3 commission per trade. However, if your account remains inactive for 90 days, MultiBank imposes a $60 monthly inactivity fee. MultiBank scores 4 out of 5 stars for commissions and fees and is ranked #38 out of 63 brokers by ForexBrokers.com.
In comparison, VT Markets provides two account options: the Raw ECN and the Standard STP. Both require only a $100 minimum deposit. The Standard STP account is commission-free but has higher spreads compared to the Raw ECN account, which has more competitive pricing with an effective spread of 0.83 pips for EUR/USD. The Raw ECN account is positioned well within industry standards, whereas the Standard STP account is less appealing for those seeking tighter spreads. VT Markets has a slightly higher rating of 4.5 out of 5 stars for its commissions and fees, ranked at #20 out of 63 brokers by ForexBrokers.com.
Ultimately, both brokers cater to different levels of traders with varying requirements for deposit minimums and account features. MultiBank might appeal to traders willing to handle higher initial deposits for lower spreads, particularly with their ECN account. Meanwhile, VT Markets offers accessible entry points for traders, especially those looking for a commission-free experience, albeit with higher spreads on their Standard STP account.
| Feature |
MultiBank
|
VT Markets
|
|---|---|---|
| Minimum Deposit | $50 | $100 |
| Average Spread EUR/USD - Standard | N/A | 1.2 |
| All-in Cost EUR/USD - Active | N/A | 0.8 |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
MultiBank and VT Markets both offer an impressive suite of products to sharpen the trading experience, but there are subtle differences between the two. MultiBank offers traders a massive 1,042 tradeable symbols, including 40 forex pairs, making it a great option for those focused on forex trading. In contrast, VT Markets comes in just behind with 1,000 tradeable symbols and 39 forex pairs. While both brokers support forex trading through CFDs or spot contracts, MultiBank stands out by allowing the purchase of actual cryptocurrencies alongside crypto derivatives.
Investing in international exchange-traded securities is a clear area where VT Markets edges ahead, offering access to shares such as those from the London Stock Exchange, although neither broker supports purchasing U.S. exchange-traded securities. Both platforms offer copy trading features, appealing to traders interested in mirroring strategies. However, when rated by ForexBrokers.com, MultiBank is ranked slightly higher at #37 versus VT Markets at #39, with ratings of 4 and 3.5 stars respectively for their range of investments. This shows MultiBank may have an upper hand in terms of variety and reach for diverse trading strategies.
| Feature |
MultiBank
|
VT Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1042 | 1000 |
| Forex Pairs (Total) | 40 | 39 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | Yes | No |
| 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 comparing MultiBank and VT Markets regarding their trading platforms and tools, both brokers present a comprehensive offering to cater to traders' needs. Each provides a free virtual demo account, allowing users to practice and familiarize themselves with the platforms in a risk-free environment. While MultiBank impresses with a proprietary platform developed in-house, VT Markets does not offer this feature, relying instead on established third-party platforms. Both offer a Windows-based desktop download and a web-based trading platform, ensuring flexibility for traders who prefer either option. Additionally, each broker supports the popular MetaTrader 4 and MetaTrader 5 platforms, along with the option for copy trading, but neither offers DupliTrade or ZuluTrade.
In terms of trading features, VT Markets stands out with 30 charting drawing tools compared to MultiBank's 17, though both offer the ability to trade directly from a stock chart. Watch list customization is identical, with both brokers allowing for seven columns. Despite these differences, both MultiBank and VT Markets receive a solid 4-star rating for their trading platforms and tools. However, according to ForexBrokers.com, MultiBank edges ahead in ranking at #39, while VT Markets is positioned at #47 out of 63 brokers. Both brokers offer strong platforms, catering to beginners and experienced traders alike, though the choice may ultimately come down to specific feature preferences and individual trading needs.
| Feature |
MultiBank
|
VT Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 38 | 15 |
| Charting - Drawing Tools (Total) | 17 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
MultiBank and VT Markets both offer solid mobile trading experiences with apps available for iPhone and Android users. Each app provides a robust set of features like stock and forex price alerts, the ability to draw trendlines on charts, and multiple time frame views for traders to analyze market movements. Both platforms match in the number of technical studies available for charting, offering 30 options to their users, and allow for creating watchlists with real-time quotes. However, a key difference is in chart drawing management; MultiBank's app automatically saves chart drawings, while VT Markets does not.
Though both brokers have been rated four out of five stars for their mobile trading apps, MultiBank slightly edges out VT Markets in ForexBrokers.com's ranking, placing at #41 compared to VT Markets' ranking at #44 out of 63 brokers. Neither app supports the syncing of watchlist symbols between the mobile and online accounts. Despite these nuances, traders looking for capable trading apps with essential tools will find both MultiBank and VT Markets to be competitive options in the market.
| Feature |
MultiBank
|
VT Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing MultiBank to VT Markets in terms of market research offerings, both brokers provide essential forex news from reputable sources like Bloomberg, Reuters, and Dow Jones. Each also features an economic calendar to track major global events. However, a notable distinction between the two is that VT Markets offers daily market commentary, a feature absent from MultiBank’s services. Additionally, VT Markets provides tools from Trading Central, allowing for deeper technical analysis, alongside a sentiment-based trading tool that illustrates the ratio of long or short positions across various instruments. MultiBank, on the other hand, does not offer these specific tools.
Despite similarities in some areas, these differences contribute to VT Markets’ slightly better positioning in expert ratings, landing at #36 in research excellence compared to MultiBank's rank of #49 out of 63 brokers reviewed by ForexBrokers.com. Both brokers share the same overall research rating of 3.5 out of 5 stars, reflecting a balance of strengths and areas for improvement in their market research tools and offerings. For traders prioritizing daily commentary and sophisticated technical tools, VT Markets seems to edge out ahead, while those with other focal points might find a suitable partner in MultiBank.
| Feature |
MultiBank
|
VT Markets
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | No | Yes |
| 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, both MultiBank and VT Markets provide a sizeable assortment aimed at enhancing learners' understanding of forex and CFDs. Each broker offers a selection of more than 10 educational materials, including articles, videos, and archived webinars, all focused on forex and CFD education. Beginners will also find at least 10 videos explicitly catering to their learning needs on each platform. While neither MultiBank nor VT Markets hosts monthly webinars or archives past ones, their initial educational offerings are helpful for those just starting their trading journey.
VT Markets takes an additional step by including an investor dictionary with definitions for over 50 investing terms, which can be a valuable resource for beginners looking to grasp the basics. On the rating front, both brokers receive 3.5 out of 5 stars for their education offerings; however, MultiBank holds a slight lead in the rankings, coming in at #50 compared to VT Markets' #55 out of 63 brokers on ForexBrokers.com. Despite these close ratings, the choice between the two could hinge on the availability of a handy investor dictionary offered by VT Markets.
| Feature |
MultiBank
|
VT Markets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that MultiBank is better than VT Markets. MultiBank finished with an overall rank of #40, while VT Markets finished with an overall rank of #44.
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.
| Feature |
MultiBank
|
VT Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 84 | 70 |
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MultiBank offers both the ability to buy actual delivered cryptocurrencies and cryptocurrency derivatives, whereas VT Markets provides access only to cryptocurrency derivatives, not the actual cryptocurrencies.
MultiBank and VT Markets both offer Skrill, Visa, Mastercard, and bank wire options for depositing or withdrawing funds, but only MultiBank supports ACH or SEPA transfers, while neither supports PayPal transactions.
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 | MultiBank | VT Markets | |
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| Trust Score | 84 | 70 | |
| Winner | check_circle | ||
| Review | MultiBank Review | VT Markets Review |
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| Regulation | MultiBank | VT Markets | |
|---|---|---|---|
| Trust Score | 84 | 70 | |
| Year Founded | 2005 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 0 |
| Tier-1 Licenses (Highly Trusted) | MultiBank | VT Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | MultiBank | VT Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | MultiBank | VT Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1042 | 1000 | |
| Forex Pairs (Total) | 40 | 39 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | No | |
| 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 | MultiBank | VT Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.2 | |
| All-in Cost EUR/USD - Active | N/A | 0.8 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | MultiBank | VT Markets | |
|---|---|---|---|
| Minimum Deposit | $50 | $100 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | MultiBank | VT Markets | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | MultiBank | VT Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 38 | 15 | |
| Charting - Drawing Tools (Total) | 17 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | MultiBank | VT Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | MultiBank | VT Markets | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | MultiBank | VT Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | MultiBank | VT Markets | |
|---|---|---|---|
| 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 | MultiBank Review | VT Markets Review |
| Overall | MultiBank | VT Markets | |
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| Trust Score | 84 | 70 | |
| Winner | check_circle | ||
| Review | MultiBank Review | VT Markets Review |
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