Written by ForexBrokers.com
In this head to head comparison of ActivTrades 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 2001, ActivTrades is a well-regarded online broker with a Trust Score of 81 out of 99 according to ForexBrokers.com, placing it in the trusted category. Though not publicly traded or a bank, ActivTrades holds two Tier-1 licenses, indicating a high level of trust, and one Tier-2 license, further reinforcing its credibility.
Established in 2005, MultiBank slightly surpasses ActivTrades with a Trust Score of 84, also classifying it as trusted. Like ActivTrades, MultiBank is neither publicly traded nor a bank. It holds three Tier-1 licenses, suggesting an even greater level of trust, along with one Tier-2 license, strengthening its standing as a reliable broker.
| Feature |
ActivTrades
|
MultiBank
|
|---|---|---|
| Year Founded | 2001 | 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 | 2 | 3 |
When comparing commissions and fees between ActivTrades and MultiBank, both brokers offer competitive structures but with notable differences. ActivTrades has spreads that are generally better than the industry average, although they do not match the most affordable forex brokers. With its Individual, Professional, and Islamic account options, ActivTrades caters to different trader needs, though it lacks specific offerings for high-volume traders and active trader pricing. Average spreads for ActivTrades, particularly for the EUR/USD, have been found to be around 0.98 pips. The broker is highly rated with 4 stars for its commissions and fees, ranking 27th out of 62 brokers according to ForexBrokers.com.
MultiBank provides a tiered account structure with its Standard, Pro, and ECN accounts, each offering varying spreads and commissions. The Standard account requires a $50 deposit with higher spreads, making it suitable mainly for beginners. Their Pro account, which necessitates a $1,000 deposit, offers reduced spreads compared to the Standard account. For the lowest spreads, traders can opt for the ECN account, which requires a $10,000 minimum deposit and levies a $3 per trade commission. MultiBank also charges a $60 monthly inactivity fee after 90 days of no trading activity. Like ActivTrades, MultiBank is rated 4 stars for commissions and fees, ranking slightly lower at 37th out of 62 brokers on ForexBrokers.com.
Both ActivTrades and MultiBank offer compelling options for different types of traders. ActivTrades provides stable, better-than-average spreads with a variety of accounts aimed at ethical and experienced users. MultiBank stands out with its clear, tiered account structure catering to different investment levels, though it imposes an inactivity fee. Consider your trading volume, experience, and financial capability to choose the broker that aligns best with your needs.
| Feature |
ActivTrades
|
MultiBank
|
|---|---|---|
| Minimum Deposit | 0 | $50 |
| Average Spread EUR/USD - Standard | 0.98 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | Yes |
| 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.
When comparing ActivTrades and MultiBank, both brokers offer a solid platform for forex trading with contracts for difference (CFDs) and spot contracts available. ActivTrades stands out by offering 1267 tradeable symbols and 49 forex pairs, surpassing MultiBank, which provides 1042 tradeable symbols and 40 forex pairs. While neither broker allows trading U.S. exchange-listed securities directly, ActivTrades allows direct investment in international exchange-traded securities, unlike MultiBank, which lacks this option. Both brokers feature copy trading and access to cryptocurrency derivatives; however, MultiBank also offers the option to buy actual cryptocurrency, a feature absent in ActivTrades.
For those weighing their options, ActivTrades and MultiBank both carry a 4-star rating in terms of their range of investments. ForexBrokers.com ranks ActivTrades at #31 out of 62, slightly ahead of MultiBank’s ranking at #37. Choosing between them may depend on specific investment needs: ActivTrades offers a broader array of symbols and the ability to trade international securities, whereas MultiBank provides direct cryptocurrency options, catering to distinct investor preferences.
| Feature |
ActivTrades
|
MultiBank
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1267 | 1042 |
| Forex Pairs (Total) | 49 | 40 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | 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.
ActivTrades and MultiBank both offer a comprehensive suite of trading platforms and tools. They each provide traders with the benefit of simulated trading through free virtual demo accounts, as well as access to both proprietary platforms developed in-house. Trading is flexible on both brokers, with Windows-based desktop downloads and web-based browser platforms available. Additionally, both brokers support popular platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5) and offer the ability to trade directly from stock charts, enhancing the user experience. However, neither ActivTrades nor MultiBank has support for DupliTrade or ZuluTrade. When it comes to copy trading, both brokers have this feature to cater to traders interested in mimicking successful strategies.
In terms of charting tools, there is a slight variation between the two brokers. ActivTrades provides 15 drawing tools, whereas MultiBank offers a bit more with 17. Both brokers offer less differentiation in terms of watch list management, with ActivTrades having 11 columns for customization and MultiBank offering 7. Regarding their ratings in the Trading Platforms and Tools category, both ActivTrades and MultiBank are rated four stars, demonstrating a competitive edge. However, ActivTrades is ranked #29 out of 62 brokers according to ForexBrokers.com, while MultiBank sees a lower rank at #39. This slight difference suggests a marginal preference toward ActivTrades in this particular category.
| Feature |
ActivTrades
|
MultiBank
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| 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) | 30 | 38 |
| Charting - Drawing Tools (Total) | 15 | 17 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 11 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading, both ActivTrades and MultiBank offer iPhone and Android apps, making their platforms accessible for traders on the go. They also provide stock or forex price alerts and the capability to create watchlists with real-time quotes. Each app supports 30 technical studies for charting and allows users to draw trendlines and view charts in multiple time frames. However, neither platform currently offers watchlist symbol syncing between mobile and online accounts, which means any changes made in one location won't automatically update in the other. Fortunately, any drawings on stock or forex charts do auto-save, ensuring your technical analysis efforts aren't lost.
In terms of user satisfaction, ActivTrades and MultiBank are evenly rated at four out of five stars for their mobile trading apps. Despite this similar rating, they differ in rankings. According to ForexBrokers.com, ActivTrades holds a more favorable position at number 19 out of 62 brokers, showcasing a higher preference compared to MultiBank, which is ranked at number 41. This suggests that while both apps offer comparable features, users may favor the overall experience with ActivTrades slightly more.
| Feature |
ActivTrades
|
MultiBank
|
|---|---|---|
| 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 | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research offerings, ActivTrades and MultiBank present distinct feature sets to potential traders. ActivTrades provides a comprehensive suite with daily market commentary and top-tier forex news from sources like Bloomberg and Reuters, ensuring traders are well-informed. Additionally, it offers a sentiment-based trading tool that allows users to gauge market trends by showing long or short positions across currency pairs, enhancing strategic insights. MultiBank, while also providing premium forex news, does not offer daily commentary or sentiment-based tools, which may limit real-time market insights for traders who rely on these features.
Both ActivTrades and MultiBank give users access to an economic calendar, keeping traders informed of global events. However, neither platform currently integrates technical or fundamental research tools from providers like Autochartist or Trading Central. Market ratings show ActivTrades slightly ahead with a 4-star research rating compared to MultiBank's 3.5 stars, and a higher position in ForexBrokers.com's research rankings (#30 vs. #49 out of 62 brokers). These differences in research offerings and ratings highlight ActivTrades as potentially more appealing for traders prioritizing comprehensive market analysis features.
| Feature |
ActivTrades
|
MultiBank
|
|---|---|---|
| Daily Market Commentary | Yes | 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 comparing the educational resources for beginners offered by ActivTrades and MultiBank, several differences stand out. Both brokers provide a basic set of educational materials focused on forex and CFDs, with more than ten different pieces such as articles and videos. For those who value live learning sessions, ActivTrades has a clear advantage as it offers online educational webinars at least once a month, along with a searchable archive of past sessions. In contrast, MultiBank does not offer webinars or an archive, making real-time learning opportunities less accessible. Both brokers cater to novice traders with at least ten beginner-focused educational videos. However, only ActivTrades extends this offering to advanced learners, making it a better choice for those wanting to build on their initial education.
Neither broker provides an investor dictionary featuring comprehensive trading terminology, which might leave some beginners seeking outside resources for definitions. Despite this, ActivTrades earns a higher education rating, with 4 out of 5 stars compared to MultiBank's 3.5 stars. According to ForexBrokers.com, ActivTrades ranks 38 out of 62 brokers in the education category, ahead of MultiBank, which is positioned at 50. This higher ranking indicates that ActivTrades could offer a more enriching educational environment for beginners who are keen to explore trading.
| Feature |
ActivTrades
|
MultiBank
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that ActivTrades is better than MultiBank. ActivTrades finished with an overall rank of #33, while MultiBank finished with an overall rank of #40.
ActivTrades is a long-standing brand that offers a proprietary trading platform, ActivTrader, and support for the award-winning TradingView and MetaTrader (MT4 and MT5) platforms. ActivTrades also delivers a selection of custom add-ons, indicators, and trading tools for traders who prefer to use MetaTrader. Drawbacks for trading with ActivTrades include a smaller selection of tradeable symbols and fewer educational resources than what’s available from the best forex brokers.
| Feature |
ActivTrades
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MultiBank
|
|---|---|---|
| Overall Rating |
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| Trust Score | 81 | 84 |
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While both ActivTrades and MultiBank provide options for trading cryptocurrency derivatives, only MultiBank offers the capability to purchase actual delivered cryptocurrencies, setting it apart from ActivTrades, which does not offer this service.
In comparing the online brokers ActivTrades and MultiBank, both provide Skrill, Visa, Mastercard, and bank wires for deposits and withdrawals, whereas ActivTrades lacks ACH or SEPA transfer options, unlike MultiBank, and neither offers PayPal as a transaction method.
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 | ActivTrades | MultiBank | |
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| Trust Score | 81 | 84 | |
| Winner | check_circle | ||
| Review | ActivTrades Review | MultiBank Review |
| Broker Screenshots | ActivTrades | MultiBank | |
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| Regulation | ActivTrades | MultiBank | |
|---|---|---|---|
| Trust Score | 81 | 84 | |
| Year Founded | 2001 | 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 | 2 | 3 |
| Tier-1 Licenses (Highly Trusted) | ActivTrades | 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). | No | Yes |
| Tier-2 Licenses (Trusted) | ActivTrades | 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 | ActivTrades | MultiBank | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1267 | 1042 | |
| Forex Pairs (Total) | 49 | 40 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | 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 | ActivTrades | MultiBank | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.98 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | ActivTrades | MultiBank | |
|---|---|---|---|
| Minimum Deposit | 0 | $50 | |
| 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 | No | Yes |
| Trading Platforms | ActivTrades | MultiBank | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| 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 | ActivTrades | MultiBank | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 11 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 38 | |
| Charting - Drawing Tools (Total) | 15 | 17 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | ActivTrades | MultiBank | |
|---|---|---|---|
| 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 | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | ActivTrades | MultiBank | |
|---|---|---|---|
| Daily Market Commentary | Yes | 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 | ActivTrades | MultiBank | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | ActivTrades | 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 | ActivTrades Review | MultiBank Review |
| Overall | ActivTrades | MultiBank | |
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| Trust Score | 81 | 84 | |
| Winner | check_circle | ||
| Review | ActivTrades Review | MultiBank Review |
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