Written by ForexBrokers.com
In this head to head comparison of Markets.com vs MultiBank, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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Markets.com and MultiBank are both prominent online brokers in the financial world, yet they differ in their Trust Score ratings and regulatory structures. Established in 1999, Markets.com achieves a high level of trust with a ForexBrokers.com Trust Score of 93, indicating it falls within the highly trusted range. The broker is not publicly traded and is not a bank, yet it operates under 3 Tier-1 licenses, which are considered highly trusted, and an additional Tier-2 license, meeting trusted regulatory standards. This strong regulatory background provides an added layer of security for users seeking a reliable trading environment.
Founded in 2005, MultiBank holds the same number of regulatory licenses as Markets.com, with 3 Tier-1 licenses and 1 Tier-2 license, ensuring a high standard of trust and compliance. However, MultiBank's Trust Score of 84 places it in the trusted category, indicating a slightly lower yet solid level of trust compared to Markets.com. Like its counterpart, MultiBank is neither publicly traded nor a banking institution, yet its regulatory credentials and Trust Score offer reassurance to traders interested in engaging with this broker's services.
| Feature |
Markets.com
|
MultiBank
|
|---|---|---|
| Year Founded | 1999 | 2005 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 3 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 3 |
When evaluating online brokers for their commissions and fees, Markets.com and MultiBank offer distinct approaches. Markets.com is rated 3.5 stars and ranks 49th out of 62 brokers according to ForexBrokers.com. Unfortunately, the average spread data for Markets.com is not available, making it difficult to directly compare their fee structure. However, this rating suggests that their fees are generally competitive but not leading in the industry.
MultiBank, on the other hand, offers more defined options with their different account types, being awarded 4 stars and ranked 38th. They provide three packages: Standard, Pro, and ECN accounts. The Standard account comes with a minimal deposit of $50 but has relatively higher spreads, suitable for beginners. The Pro account requires a $1,000 deposit with more favorable spreads, while the ECN account offers the lowest spreads for a $10,000 deposit and charges a modest $3 commission per trade. Also, be aware of the $60 inactivity fee if your account remains dormant for 90 days.
Overall, MultiBank offers a structured fee strategy catering to various trader levels, from novices to pros, as reflected in their higher star rating and better ranking than Markets.com. While Markets.com does not provide explicit average spread data, its ranking suggests it remains a viable choice depending on your specific trading needs.
| Feature |
Markets.com
|
MultiBank
|
|---|---|---|
| Minimum Deposit | $100 | $50 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | 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 Markets.com and MultiBank on their range of investments, both platforms provide forex trading through CFDs. Markets.com offers a wider selection of tradeable symbols, with 2,179 compared to MultiBank's 1,042. Additionally, Markets.com provides access to 57 forex pairs, while MultiBank offers 40. Neither broker allows clients to buy exchange-traded securities on U.S. or international exchanges, such as Apple or Vodafone shares, but both support copy trading. While actual cryptocurrency purchases are not available on Markets.com, they do offer cryptocurrency derivatives. MultiBank, on the other hand, provides the ability to buy both real cryptocurrencies and derivatives.
Both Markets.com and MultiBank earn a rating of 4 stars for their range of investments. Nevertheless, Markets.com is ranked higher by ForexBrokers.com, placed at #29 out of 62 brokers, compared to MultiBank's position at #37. This difference indicates that while both brokers have strong offerings, Markets.com slightly edges out MultiBank in terms of available investment options. Therefore, potential investors might prefer Markets.com for its broader array of trading instruments and higher forex pair availability, despite MultiBank's advantage in offering real cryptocurrency purchases.
| Feature |
Markets.com
|
MultiBank
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2179 | 1042 |
| Forex Pairs (Total) | 57 | 40 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | 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.
Markets.com and MultiBank both provide traders with various platforms and tools that cater to a wide range of needs and preferences. Both brokers offer simulated trading with free virtual demo accounts and have proprietary platforms developed in-house. For those who prefer desktop solutions, each offers a Windows-based download option and web-based platforms for browser-based trading. Additionally, both support popular platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5). However, they do not integrate DupliTrade or ZuluTrade. While Markets.com provides four charting drawing tools, MultiBank offers a more extensive selection with 17. Notably, MultiBank allows trading directly from a stock chart, a feature not available with Markets.com.
When it comes to managing watch lists, Markets.com offers six columns while MultiBank provides seven, which may appeal to traders who desire more fields for their monitoring needs. At a glance, both platforms share similar ratings of four stars for trading platforms and tools, highlighting their competent offerings in this area. Despite having the same star rating, Markets.com ranks higher at 27th on ForexBrokers.com compared to MultiBank's 39th position, showcasing a slight edge in the competitive landscape of online brokers offering trading platforms and tools.
| Feature |
Markets.com
|
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) | 89 | 38 |
| Charting - Drawing Tools (Total) | 4 | 17 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Markets.com and MultiBank both offer convenient iPhone and Android apps for mobile trading, allowing users to set stock and forex price alerts and create watchlists with real-time quotes. A standout feature for Markets.com is its ability to sync watchlist symbols across different platforms, providing seamless integration between mobile and online accounts—a feature MultiBank lacks. Both platforms support drawing trendlines on charts, but MultiBank takes a lead by offering 30 technical studies for chart analysis, while Markets.com's app doesn't provide default studies on its own platform, although they are available on MT4.
Moreover, MultiBank allows users to view charts over multiple time frames like daily or intraday, and it automatically saves chart drawings, enhancing the user experience. Markets.com, however, does not offer these capabilities. In terms of ratings, both brokers score 4 out of 5 stars for their mobile trading apps. Yet, when ranked among 62 brokers by ForexBrokers.com, Markets.com secures the 33rd position, whereas MultiBank is placed at the 41st spot, indicating a slightly higher preference for Markets.com's mobile trading experience.
| Feature |
Markets.com
|
MultiBank
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | (default on MT4, none on Markets app) | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | No | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Markets.com and MultiBank for market research, Markets.com emerges as the stronger option. It provides daily market commentary and features forex news from top-tier sources such as Bloomberg and Reuters. Additionally, Markets.com offers a sentiment-based trading tool that reveals the ratio of long or short positions across various currency pairs, proving beneficial for traders looking to understand market mood. Both platforms include an economic calendar displaying significant global news events, aiding traders in making informed decisions. However, neither broker offers tools from Autochartist or Trading Central.
In terms of ratings, Markets.com holds a higher position with 4 stars for research, while MultiBank lags slightly at 3.5 stars. This ranking is reflected by ForexBrokers.com, where Markets.com stands at an impressive 17th position out of 62 brokers, compared to MultiBank's placement at 49th. These rankings indicate that Markets.com provides users with a more comprehensive market research experience, enhancing its appeal to traders seeking insightful market analysis tools.
| Feature |
Markets.com
|
MultiBank
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | 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 educational resources for beginners, Markets.com and MultiBank offer different features. Markets.com provides a variety of educational webinars each month, which can be beneficial for those who prefer live learning and interaction. They also offer a wide range of educational videos tailored specifically for beginners and even have content geared towards more seasoned traders. These features have helped Markets.com earn a 4-star rating in the education category, placing them at the 34th position out of 62 brokers.
On the other hand, MultiBank stands out in terms of the quantity of educational materials related to forex and CFDs, offering more than ten educational pieces on these topics. This can be a significant advantage for beginners looking for in-depth, written educational content. However, MultiBank lacks in the realm of live and recorded webinars, which might be a drawback for those who learn better from interactive sessions. While they do offer videos for beginners, they fall short in providing advanced educational videos, contributing to their lower 3.5-star rating and 50th rank in the education category among brokers.
| Feature |
Markets.com
|
MultiBank
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | 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 Markets.com is better than MultiBank. Markets.com finished with an overall rank of #23, while MultiBank finished with an overall rank of #40.
Thanks to its web-based MarketsX platform, Markets.com is easy to use and new trader friendly. However, Markets.com is pricey and lacks the feature-rich trading tools required to compete with the best trading platforms.
| Feature |
Markets.com
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MultiBank
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 84 |
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When comparing online brokers Markets.com and MultiBank, only MultiBank offers the ability to buy actual delivered cryptocurrency, whereas both platforms provide options for purchasing cryptocurrency derivatives.
While both Markets.com and MultiBank offer Skrill, Visa, Mastercard, and bank wire options for depositing or withdrawing funds, only MultiBank supports ACH or SEPA transfers, with neither broker providing PayPal as a transaction 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 | Markets.com | MultiBank | |
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| Trust Score | 93 | 84 | |
| Winner | check_circle | ||
| Review | MultiBank Review |
| Broker Screenshots | Markets.com | MultiBank | |
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| Regulation | Markets.com | MultiBank | |
|---|---|---|---|
| Trust Score | 93 | 84 | |
| Year Founded | 1999 | 2005 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 3 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 3 |
| Tier-1 Licenses (Highly Trusted) | Markets.com | MultiBank | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | 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) | 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) | Markets.com | MultiBank | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Markets.com | MultiBank | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2179 | 1042 | |
| Forex Pairs (Total) | 57 | 40 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | 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 | Markets.com | MultiBank | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Markets.com | MultiBank | |
|---|---|---|---|
| Minimum Deposit | $100 | $50 | |
| 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 | No | Yes |
| Trading Platforms | Markets.com | 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 | Markets.com | MultiBank | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 89 | 38 | |
| Charting - Drawing Tools (Total) | 4 | 17 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Markets.com | MultiBank | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | (default on MT4, none on Markets app) | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | No | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | Markets.com | MultiBank | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Markets.com | MultiBank | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | Markets.com | MultiBank | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | No | Yes | |
| AUD/USD | Yes | Yes | |
| Review | MultiBank Review |
| Overall | Markets.com | MultiBank | |
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| Trust Score | 93 | 84 | |
| Winner | check_circle | ||
| Review | MultiBank Review |
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