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 |
MultiBank and Exness are both well-regarded brokers offering various account types tailored to different trading preferences. MultiBank provides three primary accounts: Standard, Pro, and ECN. The Standard account starts with a low minimum deposit of $50 but comes with relatively higher spreads. In contrast, the Pro account requires a $1,000 minimum deposit but offers more competitive spreads. The ECN account, demanding a $10,000 deposit, provides the tightest spreads along with a modest $3 commission per trade. However, traders should note that MultiBank imposes a $60 per month inactivity fee if no trades occur for 90 days. MultiBank is rated at 4 stars for its commissions and fees and is ranked #37 out of 62 brokers by ForexBrokers.com.
Exness offers a wide array of five primary account types, including two standard and three professional accounts, along with two social copy trading accounts. The Standard Cent and Standard accounts have higher spreads, but the Pro account offers lower spreads and the flexibility to switch between instant and market execution methods. For traders interested in low-cost trading, the Zero Spread account charges a commission of $0.05 per trade, whereas the Raw account comes with a per-trade commission up to $7 but features lower spreads. Rated 4 stars for its commissions and fees, Exness is ranked #38 out of 62 brokers by ForexBrokers.com.
While both MultiBank and Exness boast a 4-star rating in commissions and fees, they cater to different trading needs. MultiBank's ECN account is ideal for those willing to make a substantial deposit for competitive spreads, while Exness provides options for those seeking commission-based accounts with potentially lower costs. These brokers hold close rankings, with MultiBank slightly edging out Exness by being ranked #37 compared to Exness’s #38.
| 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.
When evaluating MultiBank and Exness for their range of investment options, each platform offers a distinct trading experience. MultiBank provides access to a vast array of 1,042 tradeable symbols, which includes 40 forex pairs available as both CFDs and spot contracts. In comparison, Exness offers 227 tradeable symbols, with 96 forex pairs also available in CFD and spot contract formats. Neither broker currently allows for direct purchase of exchange-traded securities on U.S. or international exchanges. Both platforms support copy trading, catering to those interested in mimicking expert trades with ease.
In terms of cryptocurrency options, MultiBank permits the purchase of actual cryptocurrencies alongside cryptocurrency derivatives, while Exness focuses solely on offering derivatives. This difference makes MultiBank a more versatile choice for cryptocurrency enthusiasts. Overall, MultiBank holds a slightly superior position, earning a 4-star rating for its range of investments, compared to Exness' rating of 3.5 stars. Furthermore, ForexBrokers.com ranks MultiBank 37th out of 62 brokers, ahead of Exness, which is positioned at 56th.
| 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.
When it comes to trading platforms and tools, both MultiBank and Exness provide a comprehensive range to cater to different traders. They each offer simulated trading through a free virtual demo account, allowing beginners and seasoned traders alike to practice strategies risk-free. Both brokers have developed in-house proprietary platforms, alongside standard offerings like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). For convenience, users can access trading platforms via Windows desktop downloads or web browsers. Additionally, both MultiBank and Exness support copy trading, though they do not integrate with platforms like DupliTrade or ZuluTrade.
Charting capabilities show some differences, with Exness providing a wider array of drawing tools, totaling 87, compared to MultiBank's 17. However, both brokers allow trading directly from stock charts and offer identical configurations for watch lists with seven columns each. According to ForexBrokers.com ratings, both MultiBank and Exness receive a four-star rating for their trading platforms and tools. Still, Exness edges out in rankings at 31st compared to MultiBank's 39th among 62 brokers—suggesting a slightly more favorable assessment from users and reviewers.
| 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.
When comparing the mobile trading apps of MultiBank and Exness, both brokers offer apps for iPhone and Android devices, giving users the flexibility to trade on the go. Each app provides essential features like stock or forex price alerts and the capability to create watchlists with real-time quotes. However, neither broker supports watchlist symbol syncing between the mobile app and online account, which means changes need to be updated manually across platforms. In terms of charting capabilities, MultiBank users have access to 30 technical studies and can draw trendlines on charts. Exness offers a slight edge in this area with 35 technical studies, although both platforms allow users to view multiple time frames on charts.
MultiBank's app auto-saves chart drawings, a feature not available on Exness, which may appeal to traders who frequently annotate their analyses. Both apps have received a 4-star rating for mobile trading, indicating a generally high level of user satisfaction. Despite this equal rating, Exness ranks higher at #32 compared to MultiBank's #41 in the Mobile Trading Apps category according to ForexBrokers.com. Overall, while both brokers provide a comprehensive suite of mobile trading features, prospective users may lean towards Exness for more technical studies, though MultiBank's automatic drawing save feature might sway some traders.
| 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
|
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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