VT Markets vs MultiBank 2023

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, VT Markets offers better pricing overall for traders.

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 3 global Tier-1 licenses, while VT Markets holds 1. Both VT Markets and MultiBank hold 1 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, MultiBank (84) earned a higher Trust Score than VT Markets (71).

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

For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both VT Markets and MultiBank offer MetaTrader 4 (MT4).VT Markets and MultiBank both offer copy trading.

MultiBank provides traders 41 currency pairs (e.g., EUR/USD) compared to VT Markets's 39 available pairs. Forex pairs aside, MultiBank offers traders access to 1042 CFDs while VT Markets has 168 available CFDs, a difference of 874.

VT Markets is not publicly traded and does not operate a bank. VT Markets is authorised by one tier-1 regulator (highly trusted), one tier-2 regulator (trusted), zero tier-3 regulators (average risk), and zero tier-4 regulators (high risk). VT Markets (through its parent company) is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA).

MultiBank Group is not publicly traded, does not operate a bank, and is authorised by three Tier-1 regulators (Highly Trusted), one Tier-2 regulator (Trusted), zero Tier-3 regulators (Average Risk), and three Tier-4 regulators (High Risk). MultiBank Group is authorised by the following Tier-1 regulators: the Australian Securities & Investment Commission (ASIC), Monetary Authority of Singapore (MAS, and the European Union via MiFID.

VT Markets benefits from being part of the Vantage Group of companies, and provides access to the MetaTrader suite of platforms as well as its own VT Pro trading app.

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.