Written by ForexBrokers.com
In this head to head comparison of MultiBank vs easyMarkets, 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.
MultiBank and easyMarkets are two well-known online brokers founded in 2005 and 2001, respectively. Neither of these brokers is publicly traded or operates as a bank. When it comes to regulatory credentials, MultiBank holds three Tier-1 licenses, which are regarded as highly trusted, and one Tier-2 license, known for its reliability. Similarly, easyMarkets keeps a strong regulatory standing with two Tier-1 licenses and one Tier-2 license. Both platforms have earned a Trust Score of 84 out of 99 from ForexBrokers.com, placing them well within the "trusted" category.
For investors considering these brokers, it's clear that both MultiBank and easyMarkets are subject to strict regulatory oversight, ensuring a trusted environment for trading. While MultiBank has one more Tier-1 license than easyMarkets, both have equivalent trust ratings, which reflects their commitment to maintaining secure and dependable trading platforms for their users.
| Feature |
MultiBank
|
easyMarkets
|
|---|---|---|
| Year Founded | 2005 | 2001 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 2 |
When it comes to commissions and fees, MultiBank offers three distinct account types: Standard, Pro, and ECN. The Standard account has a low entry barrier with a $50 minimum deposit, but it comes with comparatively higher spreads, making it ideal for beginners only. The Pro account, requiring a $1,000 deposit, offers more competitive spreads. For those looking for the best rates, the ECN account stands out with the lowest spreads and a modest round-trip commission of $3 per trade, though it requires a $10,000 minimum deposit. Note that MultiBank charges a $60 inactivity fee monthly if no trading occurs for 90 days. Overall, MultiBank receives a 4-star rating for its commissions and fees and ranks 38th out of 62 brokers according to ForexBrokers.com.
easyMarkets, on the other hand, provides fixed spreads of 0.8 pips for EUR/USD when trading through its proprietary platform and TradingView. The spreads are notably higher at 1.7 pips for the Standard account on MT4, but the VIP account significantly reduces it to 0.7 pips. For MT5 users, easyMarkets offers a variable spread starting at 0.7 pips. Despite its relatively fixed structure, easyMarkets earns a 3.5-star rating for commissions and fees, placing it at the 51st position among 62 brokers in the ForexBrokers.com ranking.
In summary, MultiBank's varied account types cater to different investor levels, with the ECN account offering the most competitive rates for substantial traders. However, the $60 inactivity fee could be a downside for less active clients. easyMarkets simplifies trading costs with its fixed spreads, potentially appealing to traders who prefer consistency. Each broker has its strengths, with MultiBank being favored more in terms of overall ratings and rankings in the commissions and fees category.
| Feature |
MultiBank
|
easyMarkets
|
|---|---|---|
| Minimum Deposit | $50 | $25 |
| Average Spread EUR/USD - Standard | N/A | 0.8 |
| All-in Cost EUR/USD - Active | N/A | 0.8 |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | Yes | 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 MultiBank and easyMarkets in terms of their range of investments, MultiBank stands out with a whopping 1042 tradeable symbols, offering a variety of options for investors. However, despite its larger selection, it only provides 40 tradeable forex pairs compared to easyMarkets' 63 forex pairs, indicating a narrower focus in this specific area. Both platforms allow traders to engage in forex trading as either CFDs or spot contracts, but neither offers direct investment in listed securities on US or international exchanges.
Though neither platform allows you to buy traditional exchange-traded shares such as Apple or Vodafone, MultiBank allows users to purchase actual cryptocurrencies alongside derivatives, unlike easyMarkets which limits users to cryptocurrency derivatives only. Further enhancing its appeal, MultiBank supports copy trading, which may attract investors interested in mirroring successful trading strategies. With these offerings, MultiBank receives a rating of 4 stars for its range of investments, compared to easyMarkets' 3.5 stars. Additionally, MultiBank is ranked 37th out of 62 brokers by ForexBrokers.com, outperforming easyMarkets, which is ranked 54th in the same category.
| Feature |
MultiBank
|
easyMarkets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1042 | 230 |
| Forex Pairs (Total) | 40 | 63 |
| 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.
When comparing MultiBank and easyMarkets for trading platforms and tools, both brokers offer similar features that cater to traders of all levels. They provide free virtual demo accounts, allowing users to practice trading without risking real money. Each broker offers a proprietary platform, a Windows-based desktop download option, and a web-based trading platform, ensuring flexibility across devices. Traders who prefer popular platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5) will find them available with both brokers. They also support copy trading, although neither offers DupliTrade or ZuluTrade.
MultiBank and easyMarkets enable trading directly from stock charts, but easyMarkets offers more in terms of charting tools, with 30 drawing tools compared to MultiBank's 17. Additionally, easyMarkets provides slightly more columns for watch lists, with eight fields versus MultiBank's seven. Despite these differences, both brokers achieve a solid 4-star rating in Trading Platforms and Tools. In rankings by ForexBrokers.com, easyMarkets is positioned at #35, slightly ahead of MultiBank at #39 out of 62 brokers, which might influence your choice based on preference for charting options and enhanced watch list features.
| Feature |
MultiBank
|
easyMarkets
|
|---|---|---|
| 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) | 38 | 15 |
| Charting - Drawing Tools (Total) | 17 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 8 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both MultiBank and easyMarkets offer trading apps for iPhone and Android devices, making them easily accessible for traders on the go. MultiBank stands out with the ability to send stock or forex price alerts directly to your phone, a feature not available with easyMarkets. On the other hand, easyMarkets allows watchlist symbol syncing between mobile apps and online accounts, so changes are updated seamlessly, while MultiBank does not offer this functionality.
When it comes to charting features within their mobile apps, easyMarkets shines with 81 technical studies available compared to MultiBank's offering of 30. Both brokers allow users to draw trendlines and switch between different time frames on stock or forex charts. However, only MultiBank's app auto-saves drawings on charts, adding an extra layer of convenience. While both platforms allow the creation of watchlists with real-time quotes, easyMarkets is ranked slightly higher at #30 in the Mobile Trading Apps category by ForexBrokers.com, versus MultiBank at #41. Ultimately, both receive a solid four-star rating, making them both reliable choices for mobile trading.
| Feature |
MultiBank
|
easyMarkets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 81 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing MultiBank and easyMarkets for market research, easyMarkets clearly stands out with its daily market commentary, which MultiBank lacks. Both brokers provide forex news from top-tier sources like Bloomberg and Reuters, ensuring traders have access to high-quality information. However, easyMarkets offers an added advantage with technical analysis tools from Trading Central, which are not available with MultiBank. Those interested in sentiment-based trading tools will find easyMarkets more appealing, as it provides a feature showing the ratio of long and short positions, whereas MultiBank does not offer this tool.
Despite these differences, both brokers score equally, with a 3.5-star rating for research. They also share the offering of an economic calendar to keep traders informed of global economic events. However, their rankings on ForexBrokers.com reflect slight variances, with MultiBank positioned at #49 and easyMarkets at #43 out of 62 brokers in the Research category. Neither broker provides research tools from Autochartist, TipRanks, or Acuity Trading, indicating room for growth in their research offerings.
| Feature |
MultiBank
|
easyMarkets
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Both MultiBank and easyMarkets provide a solid foundation for beginners with their range of educational materials focused on forex and CFDs. They each offer at least ten educational pieces such as articles, videos, and webinars to help newcomers get acquainted with trading concepts. Additionally, both platforms cater to beginners with more than ten introductory videos. This ensures that new traders can easily find the resources they need to start their trading journey on the right foot.
However, easyMarkets stands out by offering monthly online educational webinars and a searchable archive of past webinars, providing a more interactive learning experience for clients. While MultiBank lacks this feature, easyMarkets also excels by offering advanced educational content for seasoned traders and maintaining a comprehensive investor dictionary with definitions for over 50 trading terms. Both are rated 3.5 stars for education, but easyMarkets ranks higher at #39, compared to MultiBank's #50, out of 62 brokers evaluated by ForexBrokers.com in the Education category. Thus, while both brokers provide essential resources for beginners, easyMarkets offers a deeper and more interactive educational experience.
| Feature |
MultiBank
|
easyMarkets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | Yes |
| Investor Dictionary (Glossary) | No | Yes |
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 easyMarkets. MultiBank finished with an overall rank of #40, while easyMarkets finished with an overall rank of #42.
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
|
easyMarkets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 84 | 84 |
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MultiBank stands out by offering the option to buy actual delivered cryptocurrencies alongside cryptocurrency derivatives, while easyMarkets only provides access to cryptocurrency derivatives, not the actual cryptocurrencies.
Both MultiBank and easyMarkets provide a variety of deposit and withdrawal options, including ACH and SEPA transfers, Skrill, Visa or Mastercard, and bank wires, although neither broker supports PayPal transactions.
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 | easyMarkets | |
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| Trust Score | 84 | 84 | |
| Winner | check_circle | ||
| Review | MultiBank Review | easyMarkets Review |
| Broker Screenshots | MultiBank | easyMarkets | |
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| Regulation | MultiBank | easyMarkets | |
|---|---|---|---|
| Trust Score | 84 | 84 | |
| Year Founded | 2005 | 2001 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 2 |
| Tier-1 Licenses (Highly Trusted) | MultiBank | easyMarkets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| 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 | easyMarkets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | MultiBank | easyMarkets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1042 | 230 | |
| Forex Pairs (Total) | 40 | 63 | |
| 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 | easyMarkets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 0.8 | |
| All-in Cost EUR/USD - Active | N/A | 0.8 | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | MultiBank | easyMarkets | |
|---|---|---|---|
| Minimum Deposit | $50 | $25 | |
| 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 | Yes |
| Trading Platforms | MultiBank | easyMarkets | |
|---|---|---|---|
| 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 | MultiBank | easyMarkets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 8 | |
| Charting - Indicators / Studies (Total) | 38 | 15 | |
| Charting - Drawing Tools (Total) | 17 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | MultiBank | easyMarkets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 81 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | MultiBank | easyMarkets | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | MultiBank | easyMarkets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | MultiBank | easyMarkets | |
|---|---|---|---|
| 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 | easyMarkets Review |
| Overall | MultiBank | easyMarkets | |
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| Trust Score | 84 | 84 | |
| Winner | check_circle | ||
| Review | MultiBank Review | easyMarkets Review |
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