VT Markets 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 VT Markets vs MultiBank.
Does VT Markets 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, VT Markets offers better pricing overall for traders.
Is VT Markets 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 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).
Which trading platform is better: VT Markets or MultiBank?
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.
What about MetaTrader and copy trading?
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.
How many forex pairs and CFDs are available to trade?
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.
Can I trust VT Markets?
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).
Can I trust MultiBank?
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.
Is VT Markets good?
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.
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: VT Markets
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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.