Written by ForexBrokers.com
In this head to head comparison of Admirals 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.
Admirals, established in 2001, and MultiBank, founded in 2005, are both online brokers that are not publicly traded nor functioning as banks. When it comes to trustworthiness, Admirals holds a stronger position with a ForexBrokers.com Trust Score rating of 93, indicating a high level of trust. Admirals also boasts four Tier-1 licenses and three Tier-2 licenses, reflecting their strong regulatory standing.
MultiBank, while also a reliable choice, holds a slightly lower ForexBrokers.com Trust Score of 84, placing it in the trusted category. They have secured three Tier-1 licenses and one Tier-2 license, demonstrating a commitment to regulatory standards, albeit slightly behind Admirals. Both brokers offer credible and regulated options for investors, but Admirals takes a slight lead in terms of regulatory trust and credibility.
| Feature |
Admirals
|
MultiBank
|
|---|---|---|
| Year Founded | 2001 | 2005 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 3 |
| Tier-2 Licenses | 3 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 3 |
Admirals is known for its competitive pricing, especially with its Trade and Zero account options. Both accounts offer typical spreads of 0.8, making it an attractive choice for cost-conscious traders. With a strong emphasis on affordability, Admirals earns a high rating of 4.5 stars for commissions and fees. This broker holds a respectable position, ranked 17th out of 62 brokers in the Commissions and Fees category on ForexBrokers.com.
In contrast, MultiBank offers a range of account types tailored to different trader needs. The Standard account, with a low $50 minimum deposit, presents higher spreads, which may not be suitable for all traders. The Pro account, requiring a $1,000 deposit, offers more competitive spreads. For the lowest spreads, the ECN account is ideal, though it necessitates a $10,000 deposit and includes a $3 round-trip commission per trade. While these varying options cater to diverse trading preferences, prospective clients should take note of the $60 monthly inactivity fee if the account remains dormant for 90 days. MultiBank scores a solid 4-star rating for commissions and fees and is ranked 38th out of 62 brokers in the same category by ForexBrokers.com.
Both Admirals and MultiBank offer tiered account structures, accommodating traders with different budgetary requirements and trading experience levels. Admirals outshines in the spread category, providing exceptional value without the need for substantial initial deposits. Meanwhile, MultiBank's tiered minimum deposit requirements ensure that traders can select an account that aligns with their financial investment and trading aspirations. When choosing between these brokers, it's essential to consider your trading style, account activity, and budget to find the most suitable option.
| Feature |
Admirals
|
MultiBank
|
|---|---|---|
| Minimum Deposit | $100 | $50 |
| Average Spread EUR/USD - Standard | 0.8 | N/A |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | 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 the range of investments available at online brokers Admirals and MultiBank, it's evident that Admirals offers a more extensive selection. Admirals boasts an impressive 8,702 tradeable symbols, significantly outnumbering MultiBank’s 1,042 symbols. Both platforms provide forex trading as CFDs or spot contracts; however, Admirals offers 82 tradeable forex pairs compared to MultiBank's 40. Admirals also allows clients to invest in exchange-traded securities on both U.S. and international exchanges, enabling users to buy stocks like Apple and Vodafone directly. In contrast, MultiBank does not offer this capability on any exchange.
In terms of alternative trading options, Admirals and MultiBank both provide copy trading services, appealing to users interested in following seasoned traders’ strategies. When it comes to cryptocurrency, MultiBank allows clients to purchase actual cryptocurrencies, while Admirals only offers cryptocurrency derivatives. Based on ratings by ForexBrokers.com, Admirals earns 4.5 stars for their range of investments and ranks 19th out of 62 brokers. MultiBank, with a 4-star rating, stands at the 37th position. These metrics highlight Admirals as a more versatile choice for those seeking a wider assortment of investment opportunities.
| Feature |
Admirals
|
MultiBank
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8702 | 1042 |
| Forex Pairs (Total) | 82 | 40 |
| U.S. Stock Trading (Non CFD) | Yes | 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.
When comparing trading platforms and tools, Admirals and MultiBank present similar offerings in several areas, ensuring a user-friendly experience across various devices. Both brokers provide free virtual demo accounts, allowing users to practice trading risk-free. Admirals and MultiBank offer proprietary platforms developed in-house, alongside popular platforms like MetaTrader 4 and 5. Enthusiasts of browser-based trading will find satisfaction, as both brokers offer web-based platforms, supplemented by desktop downloads for Windows users. Additionally, copy trading is available with both brokers, enhancing their appeal to those interested in replicating successful traders' strategies.
Despite their similarities, there are notable differences in their charting tools. Admirals delivers a richer experience with 106 drawing tools compared to MultiBank’s 17, providing users more flexibility in technical analysis. However, both enable trading directly from stock charts, which can streamline the trading process. Admirals and MultiBank are equally matched with seven columns available for creating watch lists. While both platforms scored 4 stars for their tools and platforms, Admirals ranks higher at #19 compared to MultiBank's #39 by ForexBrokers.com, indicating a slightly stronger overall platform offering.
| Feature |
Admirals
|
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) | 106 | 17 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Admirals and MultiBank, both brokers offer impressive iPhone and Android apps. Users of each platform can expect stock and forex price alerts, and the convenience of creating watchlists with real-time quotes. In terms of charting features, both Admirals and MultiBank support 30 technical studies, trendline drawing capabilities, and multiple time frame views, such as daily or weekly charts. Additionally, any drawings made on charts are automatically saved, helping users maintain their analyses across sessions.
While the core functionalities are quite similar, neither broker provides the ability to sync watchlists between the mobile app and online platforms. Admirals and MultiBank both receive a solid four-star rating for their mobile trading apps. However, according to ForexBrokers.com, Admirals ranks higher, securing the 23rd spot out of 62 brokers, whereas MultiBank is ranked 41st. This ranking position might influence traders who prioritize app performance and recognition in their broker selection process.
| Feature |
Admirals
|
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 comparing Admirals and MultiBank in terms of market research offerings, Admirals clearly stands out. Admirals provides daily market commentary and delivers forex news from prestigious sources such as Bloomberg and Reuters. In contrast, MultiBank does not offer daily market commentary but matches Admirals by providing top-tier forex news. Admirals' edge continues with its collaboration with Trading Central for technical analysis tools and its sentiment-based trading tool, neither of which MultiBank provides. Admirals further enhances its research capabilities with tools from companies like TipRanks and Acuity Trading, giving traders access to diverse insights, while MultiBank does not include these tools in its offerings. Both brokers do offer an economic calendar to track global news events.
In reviews, Admirals earns a higher research rating of four stars out of five, reflecting its strong suite of features, compared to MultiBank's 3.5 stars. Consequently, Admirals sits at a higher rank, positioned at #15 out of 62 brokers based on research capabilities, while MultiBank falls behind at #49. This comprehensive array of research tools and resources makes Admirals a more attractive choice for those seeking detailed market analysis and insights.
| Feature |
Admirals
|
MultiBank
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
If you're a beginner looking to dive into the world of forex and CFDs, Admirals and MultiBank both offer educational resources to help you get started. Admirals provides an extensive educational platform that includes over 10 educational pieces like articles and videos focusing on forex and CFDs. They go a step further with monthly online webinars and a searchable archive of past webinars, ensuring you have plenty of opportunities to learn at your own pace. Admirals also caters to those just starting out with at least 10 beginner videos dedicated to essential trading topics, and they even extend learning support to experienced traders with another 10 advanced educational videos. To top it off, Admirals features an investor dictionary filled with over 50 trading term definitions to help you familiarize yourself with industry jargon.
MultiBank also offers more than 10 basic educational resources such as articles and videos about forex and CFDs, along with a set of beginner-focused videos to help newcomers grasp the essentials. However, they do not host regular webinars or have an archive of recorded sessions, which may limit interactive learning opportunities. For traders seeking advanced knowledge, MultiBank lacks advanced educational videos, and they also do not offer a comprehensive investor dictionary. When comparing educational rankings and ratings, Admirals edges ahead with a 4-star rating and ranks #12 among 62 brokers, while MultiBank is rated 3.5 stars and ranks at #50. Ultimately, Admirals provides a more rounded educational experience, especially for those seeking both foundational and advanced trading knowledge.
| Feature |
Admirals
|
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) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Admirals is better than MultiBank. Admirals finished with an overall rank of #18, while MultiBank finished with an overall rank of #40.
Traders choose Admirals for its excellent investor education and advanced MetaTrader features – such as the Supreme add-ons – alongside an extensive range of shares, forex and CFD markets, and premium research content.
| Feature |
Admirals
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MultiBank
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 84 |
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When comparing Admirals and MultiBank for cryptocurrency trading, Admirals only provides options for cryptocurrency derivatives, while MultiBank offers both the ability to purchase actual cryptocurrencies and cryptocurrency derivatives.
Admirals and MultiBank both offer ACH or SEPA transfers, Skrill, Visa or Mastercard, and bank wires for depositing or withdrawing account funds; however, only Admirals provides PayPal as an additional option.
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 | Admirals | MultiBank | |
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| Trust Score | 93 | 84 | |
| Winner | check_circle | ||
| Review | Admirals Review | MultiBank Review |
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| Regulation | Admirals | MultiBank | |
|---|---|---|---|
| Trust Score | 93 | 84 | |
| Year Founded | 2001 | 2005 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 3 | |
| Tier-2 Licenses | 3 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 3 |
| Tier-1 Licenses (Highly Trusted) | Admirals | MultiBank | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | 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). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Admirals | MultiBank | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes | No |
| Investments | Admirals | MultiBank | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8702 | 1042 | |
| Forex Pairs (Total) | 82 | 40 | |
| U.S. Stock Trading (Non CFD) | Yes | 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 | Admirals | MultiBank | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.8 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Admirals | MultiBank | |
|---|---|---|---|
| Minimum Deposit | $100 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | Admirals | 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 | Admirals | MultiBank | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 38 | |
| Charting - Drawing Tools (Total) | 106 | 17 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Admirals | 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 | Admirals | MultiBank | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Admirals | 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) | Yes | No |
| Major Forex Pairs | Admirals | 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 | Admirals Review | MultiBank Review |
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| Trust Score | 93 | 84 | |
| Winner | check_circle | ||
| Review | Admirals Review | MultiBank Review |
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