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 offers competitive pricing across its various account types, delivering typical spreads of 0.8 pips on its Trade account. This pricing structure ensures that traders have access to cost-effective trading opportunities. Admirals is commendably ranked #17 out of 62 brokers by ForexBrokers.com for its commissions and fees, reflecting positively on its value proposition. With a rating of 4.5 stars for its pricing, Admirals is well-regarded among traders seeking affordable trading solutions.
MultiBank provides a tiered account structure with three options: Standard, Pro, and ECN. The Standard account is accessible with a $50 minimum deposit, though it features higher spreads, making it less appealing to experienced traders. The Pro account, requiring a $1,000 minimum deposit, offers more favorable spreads, while the ECN account delivers the lowest spreads with a $10,000 minimum deposit, plus a small commission of $3 per trade. However, traders should be aware of an inactivity fee of $60 per month after 90 days of inactivity. MultiBank receives a solid rating of 4 stars for commissions and fees, ranking #37 out of 62 on ForexBrokers.com.
| 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 it comes to trading platforms and tools, both Admirals and MultiBank provide a wide range of features designed to cater to traders at all levels. Both brokers offer simulated or paper trading through free virtual demo accounts, making it easy for newcomers to get started without risking real money. Admirals and MultiBank each have their own proprietary platforms, alongside popular options like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). For those who prefer flexibility in trading environments, both companies provide Windows-based desktop platforms and web-based trading platforms accessible through browsers. Additionally, the ability to engage in copy trading is a feature available with both Admirals and MultiBank.
Despite many similarities, there are some differences between these two brokers. When it comes to technical tools, Admirals provides a staggering 106 drawing tools for charting, compared to MultiBank's 17, which might appeal to traders who value comprehensive charting capabilities. Although neither broker supports external trading tools like DupliTrade or ZuluTrade, both allow trading directly from stock charts. On the technical side, both brokers offer seven columns for watch lists, giving users plenty of flexibility in tracking their preferred stocks. In terms of ratings, both Admirals and MultiBank receive four out of five stars for their trading platforms and tools; however, Admirals is ranked higher at #20, compared to MultiBank's #39, according to ForexBrokers.com. This ranking difference might be something to consider for traders prioritizing platform performance and usability.
| 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 Admirals and MultiBank mobile trading apps, both platforms offer iPhone and Android versions, ensuring broad device compatibility for traders on the go. Users of both apps can receive stock or forex price alerts and have access to 30 technical studies for chart analysis. Despite not offering watchlist symbol syncing between devices, both apps enable users to create watchlists with real-time quotes. Admirals and MultiBank equally support drawing trendlines and viewing various time frames on charts, and they also auto-save these drawings for user convenience.
Despite these similarities, Admirals edges out MultiBank in user rankings, with ForexBrokers.com placing Admirals at #28 out of 62 brokers, while MultiBank sits at #41. Both platforms, however, share a similar user satisfaction level, each garnering a rating of 4 out of 5 stars for their mobile trading apps. Traders might find their decision influenced by these rankings, aligning with which broker meets their specific needs beyond just mobile app functionality.
| 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
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|---|---|---|
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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) | No | 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 |
| Overall | Admirals | MultiBank | |
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| Trust Score | 93 | 84 | |
| Winner | check_circle | ||
| Review | Admirals Review | MultiBank Review |
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