Written by ForexBrokers.com
In this head to head comparison of MultiBank vs Exness, 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, founded in 2005, and Exness, established in 2008, both operate as online brokers without a presence on any stock exchange. Despite not being banks, they provide trusted brokerage services worldwide. In terms of regulatory credentials, MultiBank holds an edge with three highly trusted Tier-1 licenses compared to Exness's two. However, Exness compensates by having a greater number of trusted Tier-2 licenses, holding three against MultiBank's one.
When it comes to overall trustworthiness, as rated by ForexBrokers.com, MultiBank attains a Trust Score of 84, placing it in the trusted category. Similarly, Exness scores slightly lower with 81, yet still maintains a trusted status. These scores signify both brokers as reliable options with moderate risk for potential clients. Ultimately, the choice between them could come down to individual preferences and specific licensing needs.
| Feature |
MultiBank
|
Exness
|
|---|---|---|
| Year Founded | 2005 | 2008 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 2 |
| Tier-2 Licenses | 1 | 3 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 3 |
When comparing the commissions and fees of online brokers, MultiBank and Exness each offer distinct account types catering to different trader preferences. MultiBank provides three main accounts for forex and CFD trading: Standard, Pro, and ECN. The Standard account, with a minimum deposit of $50, features higher relative spreads but may be suitable for beginners. The Pro account, requiring a $1,000 deposit, offers reduced spreads. Their ECN account stands out with the lowest spreads, necessitating a $10,000 minimum deposit plus a round-trip commission of $3 per trade. MultiBank also imposes a monthly inactivity fee of $60 after 90 days of no trading activity. MultiBank earns a 4-star rating for commissions and fees, ranking 38th out of 62 brokers according to ForexBrokers.com.
Exness, on the other hand, boasts a comprehensive array of account options, including two standard accounts and three professional ones. Notably, there are also tailored accounts for social copy trading. The competition-based accounts, namely Zero Spread and Raw, offer lower spreads but apply trade commissions, with the Zero Spread account charging $0.05 per trade and the Raw account up to $7 per round turn. Standard Cent and Standard accounts provide market execution, while the Pro account affords traders the flexibility to switch between instant and market execution. Exness shares the same 4-star rating as MultiBank for commissions and fees and holds the 35th position out of 62 brokers in the ForexBrokers.com rankings.
Both MultiBank and Exness provide diverse account types catering to varying levels of investment and trading preferences. In terms of rankings, Exness slightly outperforms MultiBank in the commissions and fees category, albeit both receiving equivalent star ratings. With distinct fee structures and deposit requirements, traders have ample choices dependent on their trading style and investment capacity.
| Feature |
MultiBank
|
Exness
|
|---|---|---|
| Minimum Deposit | $50 | $10 |
| 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 | No |
| 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.
In comparing the range of investments available from MultiBank and Exness, both platforms provide forex trading as a Contract for Difference (CFD) or spot contract, but there are notable differences in offerings. MultiBank boasts a larger selection of tradeable symbols, with 1042 available, compared to Exness, which offers 227. However, Exness leads the way in forex pairs, providing access to 96 pairs, while MultiBank offers 40. Neither broker offers exchange-traded securities from the U.S. or international exchanges, such as Apple or Vodafone shares.
For those interested in copy trading, you’ll be pleased to know both MultiBank and Exness support this feature. When it comes to cryptocurrencies, MultiBank allows the purchase of actual, delivered cryptocurrency, whereas Exness only offers cryptocurrency derivatives. Based on their range of investments, MultiBank scores 4 out of 5 stars and ranks 37th out of 62 brokers according to ForexBrokers.com. Meanwhile, Exness receives a slightly lower rating of 3.5 stars and ranks 55th. This diverse offering and favorable ranking highlight MultiBank as a comprehensive choice for investors.
| Feature |
MultiBank
|
Exness
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1042 | 227 |
| Forex Pairs (Total) | 40 | 96 |
| 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.
Both MultiBank and Exness offer a range of trading platforms and tools that cater to both new and seasoned traders. Each broker provides a free virtual demo account, allowing users to practice trading without financial risk. They also offer proprietary platforms developed in-house, alongside popular options like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both brokers have Windows-based desktop platforms and web-based trading options, as well as support for copy trading. However, neither MultiBank nor Exness offer DupliTrade or ZuluTrade.
When it comes to charting tools, Exness shines with 87 drawing tools compared to MultiBank's 17, though both offer the ability to trade directly from stock charts. Both brokers provide the same number of columns for watch lists, with seven fields available. Despite the similarities, Exness edges ahead in overall platform ranking, placing at #26 compared to MultiBank's #39 in the Trading Platforms and Tools category on ForexBrokers.com. However, both received a solid four-star rating, reflecting strong capabilities in their offerings.
| Feature |
MultiBank
|
Exness
|
|---|---|---|
| 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 | 107 |
| Charting - Drawing Tools (Total) | 17 | 87 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
MultiBank and Exness both offer mobile trading apps available for iPhone and Android, enabling traders to stay connected on the go. These apps provide essential features such as stock and forex price alerts and the ability to draw trendlines on charts. Users can easily switch between various time frames, such as daily or weekly views, for a comprehensive market analysis. In terms of charting tools, MultiBank delivers 30 technical studies, while Exness offers a slightly broader selection with 35 studies. Notably, only MultiBank’s app automatically saves chart drawings, providing a convenient feature for traders who frequently need to track changes or revisit their markups.
While neither app allows watchlist synchronization across device and online accounts, both still facilitate the creation of real-time quote watchlists, a key feature for active monitoring. With consistent four-star ratings for their mobile trading experiences, both brokers cater well to traders on the move. However, in ForexBrokers.com’s rankings for mobile trading apps, Exness stands out slightly at #26 compared to MultiBank's #41 spot among 62 brokers, perhaps due to its more extensive charting options and overall user experience. This ranking might influence those deciding between these two platforms, especially if they value technical analysis and simplicity in chart management.
| Feature |
MultiBank
|
Exness
|
|---|---|---|
| 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 | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of MultiBank and Exness, both brokers provide forex news from esteemed sources like Bloomberg and Reuters, enhancing traders' access to valuable information. However, Exness edges ahead with its provision of daily market commentaries, a feature that MultiBank lacks. Both platforms offer comprehensive economic calendars that outline important global events, aiding in strategic trading decisions. Unfortunately, neither broker offers research tools from Acuity Trading or market insights from TipRanks, indicating room for improvement in their research services.
Exness holds the advantage by providing a sentiment-based trading tool and support from Trading Central, which MultiBank does not. Despite these differences, both platforms receive a research rating of 3.5 stars. In terms of overall research rankings by ForexBrokers.com, Exness is positioned slightly better at #41 compared to MultiBank's #49 out of 62 brokers. This reflects that while both brokers offer similar market research foundations, Exness has a slight edge in additional insights and features that could benefit traders.
| Feature |
MultiBank
|
Exness
|
|---|---|---|
| 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.
When it comes to educational resources for beginners, both MultiBank and Exness provide a basic introduction to the forex and CFDs market with at least 10 educational materials, including articles and videos. This can be beneficial for those new to trading. However, neither broker hosts monthly online educational webinars, which could have offered deeper insights and updated market strategies. While both brokers supply an array of beginner-focused videos, they lack comprehensive content for experienced traders seeking advanced topics.
One key area where Exness surpasses MultiBank is in the accessibility of past educational content. Exness offers a searchable archive of previously recorded client webinars, allowing beginners to learn at their own pace and revisit complex topics when needed. Additionally, Exness includes an investor dictionary for users who want to understand more investing terms, a resource that MultiBank does not provide. Despite these differences, both brokers hold a similar educational rating of 3.5 stars and rank closely among competitors, with Exness slightly ahead at #47 compared to MultiBank's #50 based on ForexBrokers.com assessments.
| Feature |
MultiBank
|
Exness
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| 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 Exness. MultiBank finished with an overall rank of #40, while Exness finished with an overall rank of #43.
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
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Exness
|
|---|---|---|
| Overall Rating |
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| Trust Score | 84 | 81 |
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MultiBank allows the purchase of actual delivered cryptocurrency in addition to offering cryptocurrency derivatives, while Exness only provides the option to trade cryptocurrency derivatives without the ability to buy the actual cryptocurrency.
MultiBank and Exness both support Skrill and Visa or Mastercard for fund transactions, but only MultiBank offers ACH or SEPA transfers, while neither broker supports PayPal, and both provide traditional bank wire options for deposits and withdrawals.
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 | Exness | |
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| Trust Score | 84 | 81 | |
| Winner | check_circle | ||
| Review | MultiBank Review | Exness Review |
| Broker Screenshots | MultiBank | Exness | |
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| Regulation | MultiBank | Exness | |
|---|---|---|---|
| Trust Score | 84 | 81 | |
| Year Founded | 2005 | 2008 | |
| 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 | 3 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 3 |
| Tier-1 Licenses (Highly Trusted) | MultiBank | Exness | |
|---|---|---|---|
| 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 | Yes | |
| 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 | Exness | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | Yes | |
| 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 | Yes |
| Investments | MultiBank | Exness | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1042 | 227 | |
| Forex Pairs (Total) | 40 | 96 | |
| 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 | Exness | |
|---|---|---|---|
| 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 | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | MultiBank | Exness | |
|---|---|---|---|
| Minimum Deposit | $50 | $10 | |
| 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 | Exness | |
|---|---|---|---|
| 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 | Exness | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 38 | 107 | |
| Charting - Drawing Tools (Total) | 17 | 87 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | MultiBank | Exness | |
|---|---|---|---|
| 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 | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | MultiBank | Exness | |
|---|---|---|---|
| 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 | Exness | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | MultiBank | Exness | |
|---|---|---|---|
| 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 | Exness Review |
| Overall | MultiBank | Exness | |
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| Trust Score | 84 | 81 | |
| Winner | check_circle | ||
| Review | MultiBank Review | Exness Review |
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