Written by ForexBrokers.com
In this head to head comparison of Vantage vs MultiBank, 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.
Founded in 2009, Vantage is an online broker not publicly traded and not a bank. It holds two Tier-1 licenses and one Tier-2 license, reflecting its strong regulatory standing. With a Trust Score of 90 from ForexBrokers.com, Vantage is considered highly trusted, making it a reliable choice for those looking to trade with confidence.
In comparison, MultiBank was established earlier in 2005 and, like Vantage, it is not publicly traded and not a bank. MultiBank boasts three Tier-1 licenses and one Tier-2 license, indicating a good regulatory status. However, it has a Trust Score of 84, placing it in the trusted category but slightly below Vantage in terms of overall trust. This may be an essential consideration for potential investors seeking robust regulatory oversight.
| Feature |
Vantage
|
MultiBank
|
|---|---|---|
| Year Founded | 2009 | 2005 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 3 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 3 |
When comparing the commissions and fees of Vantage and MultiBank, both brokers offer varied account types catering to different trader needs. Vantage provides three main account options: the Standard STP account, a spread-only option with typical spreads around 1.30 pips on EUR/USD, and two commission-based choices, the RAW ECN, and PRO ECN accounts. The RAW ECN account offers an appealing average spread of 0.15 pips with a $6 round-turn commission, making a total cost of 0.75 pips. The PRO ECN account stands out with a lower $4 per round-turn commission, although it requires higher account qualifications or a $10,000 deposit, depending on the regulatory entity. Vantage also presents an active trader program for the Standard account that provides rebates up to $8 per lot, depending on account balance and volume.
MultiBank, in contrast, features three global account types: Standard, Pro, and ECN. The Standard account is accessible with a minimum deposit of $50 but comes with comparatively higher spreads, making it suitable mainly for beginners. The Pro account, requiring a $1,000 deposit, offers more competitive spreads. For the lowest spreads, MultiBank’s ECN account requires a $10,000 deposit with a $3 round-trip commission. Potential users should also be aware of a $60 monthly inactivity fee applied after 90 days without trading activity at MultiBank.
In terms of ratings, Vantage receives 4.5 stars for its commission and fee structure, ranked #18 out of 62 brokers by ForexBrokers.com. This suggests a favorable reception in the market, though not top-tier pricing. Meanwhile, MultiBank earns a 4-star rating, with a rank of #37, highlighting a more moderate standing. Both brokers offer distinct account benefits, but Vantage's varied account options and robust rebate program may present a more compelling case for traders looking for competitive pricing and flexibility.
| Feature |
Vantage
|
MultiBank
|
|---|---|---|
| Minimum Deposit | $50 | $50 |
| Average Spread EUR/USD - Standard | 1.30 | N/A |
| All-in Cost EUR/USD - Active | 0.75 | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | 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.
Vantage and MultiBank both provide a diverse array of investment options suitable for different types of traders. Both platforms support forex trading as a CFD or spot contract, giving investors diverse trading strategies. Vantage offers a broad selection of 1,000 tradeable symbols with 57 forex pairs, while MultiBank slightly edges out with 1,042 symbols but has fewer forex pairs at 40. When it comes to stock trading, neither Vantage nor MultiBank offers exchange-traded securities on U.S. or international exchanges, meaning investors looking to buy shares directly will not find this option with these brokers.
For crypto enthusiasts, MultiBank offers a unique advantage by allowing the purchase of actual delivered cryptocurrency, a feature Vantage lacks. However, both platforms provide the ability to trade cryptocurrency derivatives. Additionally, both Vantage and MultiBank support copy trading, an appealing feature for those considering mirroring successful strategies. In terms of ratings, Vantage scores a 3.5-star rating in its range of investments, while MultiBank scores slightly higher at 4 stars. According to ForexBrokers.com, Vantage ranks at 50th place out of 62 brokers for its investment range, whereas MultiBank ranks more favorably at 37th. This indicates a more comprehensive offering for MultiBank, particularly appealing for investors seeking a rich mixture of tradeable assets.
| Feature |
Vantage
|
MultiBank
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 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.
When choosing an online trading platform, comparing features and tools can significantly impact the trading experience. Both Vantage and MultiBank offer comprehensive trading platforms, each with unique advantages. For those interested in simulated trading, both brokers provide free virtual demo accounts, helping users practice without financial risk. They each support proprietary platforms, desktop downloads for Windows, and web-based platforms, offering versatility in how and where you trade. Additionally, both brokers house MetaTrader 4 and MetaTrader 5 platforms, well-known among traders for their sophisticated analysis tools. When it comes to social trading options, Vantage provides access to both DupliTrade and ZuluTrade, whereas MultiBank offers neither.
Examining technical aspects, Vantage and MultiBank allow trading directly from stock charts, enhancing convenience. Vantage features 15 drawing tools compared to MultiBank's 17, but both brokers provide watch lists with seven customizable columns. Despite these similarities, there’s a slight difference in their ratings and rankings. Both get four out of five stars for their trading platforms and tools. However, Vantage holds a higher position at #15 on ForexBrokers.com, while MultiBank ranks at #39 among 62 brokers. This distinction might influence those prioritizing platform rankings in their broker selection process.
| Feature |
Vantage
|
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 | Yes | No |
| ZuluTrade | Yes | No |
| Charting - Indicators / Studies (Total) | 30 | 38 |
| Charting - Drawing Tools (Total) | 15 | 17 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Vantage and MultiBank provide mobile trading apps for iPhone and Android devices, catering to traders who need access on the go. These apps feature stock and forex price alerts and the capability to create watchlists with real-time quotes. Users can enjoy 30 technical studies for charting and have the option to draw trendlines. Additionally, both apps allow for viewing stock or forex charts across different time frames, with auto-saving for any drawings made.
However, neither Vantage nor MultiBank offers the convenience of syncing watchlist symbols between mobile apps and online accounts. Despite the parity in many features, Vantage holds a slight edge in the rankings. It is rated 26th out of 62 brokers for mobile trading apps by ForexBrokers.com, compared to MultiBank's 41st place. Both apps have achieved a solid rating of four out of five stars, making them reliable choices for mobile trading.
| Feature |
Vantage
|
MultiBank
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| 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 comparing Vantage and MultiBank for their market research offerings, several key differences arise. Vantage stands out by providing daily market commentary, which MultiBank lacks. Both platforms deliver forex news from top-tier sources like Bloomberg and Reuters, ensuring traders have access to reliable information. However, Vantage pulls ahead with additional tools from Trading Central, offering technical analytics to support informed trading decisions. In contrast, MultiBank does not include similar features from Trading Central.
Vantage also provides a sentiment-based trading tool that displays the ratio of long or short positions across various instruments, a feature not offered by MultiBank. Both brokers supply an economic calendar to track important global events. In terms of expert ratings, Vantage scores four stars for research, tying for 24th position among 62 brokers reviewed by ForexBrokers.com. Meanwhile, MultiBank receives a slightly lower rating of 3.5 stars and ranks at 49th, indicating a noticeable gap in the overall research capabilities between the two brokers.
| Feature |
Vantage
|
MultiBank
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | 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, both Vantage and MultiBank offer a solid selection of materials. Vantage provides a comprehensive range of educational pieces focused on forex and CFDs, ensuring there are more than ten articles, videos, or archived webinars available. Meanwhile, MultiBank offers a similar foundation of resources for those starting out. However, Vantage stands out by offering monthly online webinars and a searchable archive of recorded sessions, a feature that MultiBank does not include.
Vantage surpasses MultiBank regarding educational content for both beginner and advanced traders. While both platforms offer a good amount of beginner-friendly videos, Vantage extends its offerings with over ten advanced educational videos specifically for experienced traders and features an investor dictionary with more than 50 investing terms, which MultiBank lacks. This breadth of resources gives Vantage a higher education rating of 4 stars compared to MultiBank’s 3.5 stars, resulting in a better ranking by ForexBrokers.com—Vantage is ranked #27 out of 62 brokers, whereas MultiBank is positioned at #50.
| Feature |
Vantage
|
MultiBank
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Vantage is better than MultiBank. Vantage finished with an overall rank of #26, while MultiBank finished with an overall rank of #40.
Vantage rounds out its MetaTrader platform suite offering with support for multiple social trading platforms, content powered by Trading Central and a proprietary mobile app. However, Vantage trails industry leaders in key areas such as research and education.
| Feature |
Vantage
|
MultiBank
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 90 | 84 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platform & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
While both Vantage and MultiBank provide options to trade cryptocurrency derivatives, only MultiBank offers the ability to purchase actual delivered cryptocurrency, whereas Vantage does not.
Vantage and MultiBank differ in their deposit and withdrawal options, with Vantage supporting PayPal but not ACH or SEPA transfers, while MultiBank provides ACH and SEPA transfer support but not PayPal; both brokers offer Skrill, Visa/Mastercard, and bank wire options.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Vantage | MultiBank | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 90 | 84 | |
| Winner | check_circle | ||
| Review | Vantage Review | MultiBank Review |
| Broker Screenshots | Vantage | MultiBank | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
|
| |
| Mobile Trading Gallery (click to expand) |
|
| |
| Research Gallery (click to expand) |
|
| |
| Education Gallery (click to expand) |
|
|
| Regulation | Vantage | MultiBank | |
|---|---|---|---|
| Trust Score | 90 | 84 | |
| Year Founded | 2009 | 2005 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 3 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 3 |
| Tier-1 Licenses (Highly Trusted) | Vantage | 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) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | Vantage | 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 | Vantage | MultiBank | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 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 | Vantage | MultiBank | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.30 | N/A | |
| All-in Cost EUR/USD - Active | 0.75 | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Vantage | MultiBank | |
|---|---|---|---|
| Minimum Deposit | $50 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | 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 | Vantage | 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 | Yes | No | |
| ZuluTrade | Yes | No |
| Trading Tools | Vantage | MultiBank | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 38 | |
| Charting - Drawing Tools (Total) | 15 | 17 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Vantage | MultiBank | |
|---|---|---|---|
| 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 | 30 | |
| 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 | Vantage | MultiBank | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Vantage | MultiBank | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Vantage | MultiBank | |
|---|---|---|---|
| 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 | Vantage Review | MultiBank Review |
| Overall | Vantage | MultiBank | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 90 | 84 | |
| Winner | check_circle | ||
| Review | Vantage Review | MultiBank Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill