Written by ForexBrokers.com
In this head to head comparison of MultiBank vs Earn, 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.
Both MultiBank and Earn provide online brokerage services but differ in their years of establishment and regulatory standings. Founded in 2005, MultiBank has grown to be a trusted name in the industry with a ForexBrokers.com Trust Score of 84. Although not publicly traded or a bank, MultiBank holds three Tier-1 licenses, signifying a high level of regulatory trust, along with one Tier-2 license, further establishing its credibility.
In comparison, Earn was founded in 1994 and currently holds a ForexBrokers.com Trust Score of 71, indicating an average level of risk. Like MultiBank, it is neither publicly traded nor a bank. However, Earn holds just one Tier-1 license and no Tier-2 licenses, suggesting a lesser degree of regulatory oversight compared to MultiBank. These differences highlight the varied trust levels and regulatory credentials between the two brokers.
| Feature |
MultiBank
|
Earn
|
|---|---|---|
| Year Founded | 2005 | 1994 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 0 |
When comparing the commissions and fees of MultiBank and Earn, investors have different options to consider based on their trading preferences and experience level. MultiBank offers three account types: Standard, Pro, and ECN. The Standard account, with a low $50 minimum deposit, has relatively higher spreads and might suit only beginners. The Pro account, requiring a $1,000 minimum deposit, offers lower spreads. For experienced traders seeking the lowest spreads, the ECN account demands a $10,000 minimum deposit and includes a modest $3 commission per trade. MultiBank also charges a $60 monthly inactivity fee if no trading activity occurs within 90 days.
On the other hand, Earn does not provide specific average spread data, leaving some uncertainty regarding the exact costs for traders. Despite this, both MultiBank and Earn receive a four-star rating for commissions and fees, indicating fairly competitive pricing structures. However, when it comes to ranking, MultiBank holds a slightly better position, being ranked #38 compared to Earn's #46 out of 62 brokers evaluated by ForexBrokers.com.
| Feature |
MultiBank
|
Earn
|
|---|---|---|
| Minimum Deposit | $50 | $100 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | Yes | No |
| 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 the investment options at MultiBank and Earn, both online brokers offer forex trading as either a CFD or a spot contract, providing a diverse range of options for currency trading enthusiasts. MultiBank boasts an impressive 1,042 tradeable symbols, significantly surpassing Earn's 500. However, while MultiBank has 40 tradeable forex pairs, Earn offers a greater variety with 61 pairs. Neither broker provides access to exchange-traded securities on U.S. or international exchanges, meaning users cannot directly purchase shares like Apple or Vodafone.
Additionally, both brokers support copy trading, allowing users to mirror the strategies of experienced traders. MultiBank stands out with its ability to purchase actual cryptocurrencies rather than just derivatives—a feature not available with Earn, which only allows trading through cryptocurrency derivatives. MultiBank's broader range of investments earns it a 4-star rating compared to Earn's 3.5 stars. According to ForexBrokers.com rankings, MultiBank is placed at #37, ahead of Earn, which ranks #45 in the range of investment category.
| Feature |
MultiBank
|
Earn
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1042 | 500 |
| Forex Pairs (Total) | 40 | 61 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | Yes | No |
| 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.
MultiBank and Earn both cater to traders looking for versatile and comprehensive trading environments. Both platforms provide simulated trading through free virtual demo accounts, making it easy for beginners to practice. While MultiBank shines with its proprietary platform built in-house, Earn leverages third-party platforms like MetaTrader 4 and MetaTrader 5, which are also supported by MultiBank. Windows-based desktop platforms and web-based trading are available from both brokers, ensuring accessibility and ease of use across devices. Additionally, both platforms offer copy trading for those interested in mirroring experienced traders' strategies.
When it comes to charting and analysis, MultiBank stands out with 17 drawing tools, compared to Earn's 15 tools, allowing for more comprehensive chart analysis. Both brokers support the ability to trade directly from stock charts and provide seven fields for watch lists. However, Earn edges ahead with the integration of ZuluTrade, a feature absent in MultiBank. Both brokers receive four-star ratings for their trading platforms and tools, but according to ForexBrokers.com, MultiBank ranks higher at #39 out of 62 brokers, while Earn falls to #51, suggesting a slight preference among users for MultiBank's offerings.
| Feature |
MultiBank
|
Earn
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| 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 | Yes |
| Charting - Indicators / Studies (Total) | 38 | 35 |
| Charting - Drawing Tools (Total) | 17 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
MultiBank and Earn both provide convenient mobile trading app experiences for iPhone and Android users, making it easy to trade on the go. Each app is equipped with essential trading features, including price alerts for stocks and forex, and the ability to draw trendlines and view various time frames like daily, weekly, or intraday—all designed to enhance your trading experience. Both apps also support creating watchlists with real-time quotes, although they miss out on syncing these watchlists with online accounts, which might be a drawback for some users.
When diving into technical aspects, Earn slightly edges out MultiBank by offering 35 technical studies for charting compared to MultiBank's 30. Both apps, however, ensure your chart drawings are auto-saved, helping you keep track of your analytical work. Despite their shared strengths, each app holds a 4-star rating for mobile trading, and they fall at different ranks in the ForexBrokers.com list for Mobile Trading Apps—Earn at #27 and MultiBank at #41. This might influence your choice if rankings are a key factor for you.
| Feature |
MultiBank
|
Earn
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 35 |
| 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 exploring market research offerings, MultiBank and Earn both provide forex news from top-notch sources like Bloomberg and Reuters, ensuring traders stay informed with credible information. However, while Earn distinguishes itself with daily market commentary, MultiBank lacks this feature, which could be a decisive factor for those preferring regular insights directly from their brokerage platform. Both platforms offer economic calendars to track upcoming global events, catering to traders who value awareness of worldwide economic developments.
Despite their shared features, neither MultiBank nor Earn includes advanced research tools from companies like Autochartist, Trading Central, TipRanks, or Acuity Trading, as well as sentiment-based trading tools. When it comes to ratings, both brokers receive a similar score of 3.5 stars for research. However, Earn edges out MultiBank with a higher rank on ForexBrokers.com, occupying the 38th position compared to MultiBank's 49th out of 62 brokers, implying a favorable perception of Earn's offerings in the market research domain.
| Feature |
MultiBank
|
Earn
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to providing educational resources for beginners, MultiBank makes a noteworthy effort compared to Earn. MultiBank offers more than 10 educational pieces focusing on forex or CFDs, ensuring a strong start for newcomers eager to learn about trading. They also present a selection of video content specifically tailored for beginners, surpassing the offerings of Earn which lacks a comparable level of beginner-focused materials. However, both brokers fall short in areas like advanced educational videos, investor dictionaries, and live educational webinars, which might be a consideration for those who would like a more interactive or comprehensive educational experience.
Both MultiBank and Earn are similarly rated 3.5 stars for their education resources according to ForexBrokers.com, but they differ significantly in ranking among brokers. MultiBank holds the 50th spot while Earn is positioned further down at 61st place. This illustrates a slight preference for MultiBank over Earn when it comes to general educational offerings, particularly for those just beginning their trading journey. Despite not offering live webinars or extensive advanced materials, MultiBank's initial educational resources provide a better foundation for novice investors compared to Earn.
| Feature |
MultiBank
|
Earn
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | 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 MultiBank is better than Earn. MultiBank finished with an overall rank of #40, while Earn finished with an overall rank of #50.
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.
| Feature |
MultiBank
|
Earn
|
|---|---|---|
| Overall Rating |
|
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| Trust Score | 84 | 71 |
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MultiBank provides the option to purchase actual delivered cryptocurrency, unlike Earn, but both platforms offer the ability to trade cryptocurrency derivatives.
When comparing online brokers MultiBank and Earn, both offer Visa, Mastercard, Skrill, and bank wires for depositing or withdrawing funds, but only MultiBank supports ACH or SEPA transfers, whereas neither provides PayPal as a payment 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 | MultiBank | Earn | |
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| Trust Score | 84 | 71 | |
| Winner | check_circle | ||
| Review | MultiBank Review |
| Broker Screenshots | MultiBank | Earn | |
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| Regulation | MultiBank | Earn | |
|---|---|---|---|
| Trust Score | 84 | 71 | |
| Year Founded | 2005 | 1994 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 0 |
| Tier-1 Licenses (Highly Trusted) | MultiBank | Earn | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | 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) | MultiBank | Earn | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | MultiBank | Earn | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1042 | 500 | |
| Forex Pairs (Total) | 40 | 61 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | No | |
| 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 | MultiBank | Earn | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | MultiBank | Earn | |
|---|---|---|---|
| Minimum Deposit | $50 | $100 | |
| 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 | Yes | No |
| Trading Platforms | MultiBank | Earn | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| 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 | Yes |
| Trading Tools | MultiBank | Earn | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 38 | 35 | |
| Charting - Drawing Tools (Total) | 17 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | MultiBank | Earn | |
|---|---|---|---|
| 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 | 35 | |
| 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 | MultiBank | Earn | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | MultiBank | Earn | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | MultiBank | Earn | |
|---|---|---|---|
| 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 | MultiBank Review |
| Overall | MultiBank | Earn | |
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| Trust Score | 84 | 71 | |
| Winner | check_circle | ||
| Review | MultiBank Review |
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