Written by ForexBrokers.com
In this head to head comparison of MultiBank vs VT Markets, 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.
Comparing MultiBank and VT Markets reveals differences in their trustworthiness and regulatory standings. MultiBank, established in 2005, has earned a Trust Score of 84 on ForexBrokers.com, placing it in the 'trusted' category. It holds three Tier-1 licenses and one Tier-2 license, signaling a strong regulatory foundation. In contrast, VT Markets, founded in 2016, has a Trust Score of 70, reflecting an 'average risk' standing as per ForexBrokers.com. VT Markets holds one Tier-1 license and one Tier-2 license, which provides a satisfactory level of regulatory oversight.
Neither MultiBank nor VT Markets is publicly traded or operates as a bank. This distinction emphasizes their sole focus as online brokers. For those evaluating online trading options based on regulatory security, MultiBank's more extensive collection of Tier-1 licenses could be a significant consideration, whereas VT Markets maintains a basic, though decent, trust level through its regulatory licenses.
| Feature |
MultiBank
|
VT Markets
|
|---|---|---|
| Year Founded | 2005 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 0 |
When comparing the commissions and fees of MultiBank and VT Markets, prospective traders have notable differences to consider. MultiBank provides three account types for forex and CFD trading: Standard, Pro, and ECN. The Standard account, with a minimum deposit of $50, features higher spreads, making it less appealing unless you're new to trading. For more experienced traders, the Pro account offers lower spreads but requires a $1,000 deposit. The ECN account delivers the lowest spreads with a $10,000 deposit and a $3 round-trip commission per trade. However, inactivity can incur a monthly fee of $60 if your account remains dormant for 90 days. MultiBank earns a 4-star rating for its commissions and fees, ranking it 37th out of 62 brokers on ForexBrokers.com.
On the other hand, VT Markets offers two main account types: the Standard STP and the Raw ECN. Both require a minimum deposit of $100. The Standard STP account is commission-free but has higher spreads, with the average for EUR/USD pegged at 1.2 pips. The Raw ECN account features lower spreads, averaging 0.83 pips for EUR/USD, factoring in a 0.6 round-trip commission and a 0.23 average spread, providing a competitive edge in pricing. VT Markets scores a higher 4.5-star rating for commissions and fees and is ranked 20th out of 62 brokers by ForexBrokers.com.
| Feature |
MultiBank
|
VT Markets
|
|---|---|---|
| Minimum Deposit | $50 | $100 |
| Average Spread EUR/USD - Standard | N/A | 1.2 |
| All-in Cost EUR/USD - Active | N/A | 0.8 |
| 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 comparing MultiBank and VT Markets, both brokers provide forex trading as a CFD option. MultiBank offers a slight edge with 1,042 tradeable symbols compared to VT Markets' 1,000. In terms of forex pairs, MultiBank provides 40 options, just one more than VT Markets’ 39. However, MultiBank stands out by allowing the purchase of actual cryptocurrencies, unlike VT Markets which only offers cryptocurrency derivatives. Both brokers support copy trading capabilities, but neither allows the purchase of exchange-traded securities on U.S. markets.
For international exchange-traded securities, though, VT Markets provides the opportunity to buy shares like Vodafone on the London Stock Exchange, a service not offered by MultiBank. While MultiBank receives a 4-star rating for its range of investments, VT Markets follows closely with a 3.5-star rating. According to ForexBrokers.com, MultiBank is ranked #37 out of 62 brokers for its range of investments, slightly ahead of VT Markets, which holds the #39 spot in the same category.
| Feature |
MultiBank
|
VT Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1042 | 1000 |
| Forex Pairs (Total) | 40 | 39 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| 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 VT Markets for their trading platforms and tools, both brokers offer a strong foundation for traders looking to engage with the markets. MultiBank and VT Markets provide access to simulated or paper trading through a free virtual demo account, ideal for beginners or those wishing to test strategies without financial risk. MultiBank boasts a proprietary platform developed in-house, whereas VT Markets does not offer this feature, relying instead on well-recognized platforms. Both brokers support MetaTrader 4 (MT4) and MetaTrader 5 (MT5), and offer Windows-based desktop and web-based browser trading platforms, ensuring flexibility and availability for various trading preferences. For those interested in social trading, both brokers support copy trading, although neither provides DupliTrade or ZuluTrade capabilities.
In terms of technical features, MultiBank and VT Markets offer the convenience of trading directly from a stock chart, a useful function for active traders. While both provide the same number of columns, seven, for watch lists, there is a notable difference in charting tools: VT Markets offers 30 drawing tools compared to MultiBank's 17. Despite these differences, both brokers share a similar ranking in trading platforms and tools, each receiving a rating of four out of five stars. However, according to ForexBrokers.com rankings, MultiBank holds a slightly higher position at #39, compared to VT Markets at #47 out of 62 assessed brokers. This comprehensive comparison can guide traders in selecting a platform that aligns with their needs and trading style.
| Feature |
MultiBank
|
VT Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| 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 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
MultiBank and VT Markets both offer iPhone and Android apps that are highly accommodating to traders interested in stock or forex price alerts and technical analysis. Each mobile app supports 30 technical studies, providing ample tools to analyze market trends. Traders can draw trendlines and view multiple time frames such as daily, weekly, or intraday, which can be pivotal for detailed market scrutiny. However, while MultiBank has the advantage of automatically saving drawings on charts, VT Markets does not offer this feature.
One area where the two apps align is in their lack of watchlist symbol syncing between mobile and online accounts, which might limit the seamlessness for users switching devices. For those keen on staying updated with real-time data, both platforms allow the creation of watchlists featuring real-time quotes. In terms of user satisfaction, both apps have earned a 4-star rating for mobile trading features. However, MultiBank slightly edges out VT Markets in the ForexBrokers.com mobile trading apps ranking, placing 41st against VT Markets' 44th position out of 62 brokers.
| Feature |
MultiBank
|
VT Markets
|
|---|---|---|
| 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 | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of MultiBank and VT Markets, there are notable differences to consider. VT Markets shines with its daily market commentary and provides a sentiment-based trading tool, which can offer valuable insight into trading positions across currency pairs. Both MultiBank and VT Markets deliver forex news from top-tier sources such as Bloomberg and Reuters, ensuring traders have access to reliable information.
However, VT Markets holds an edge by offering technical analysis tools from Trading Central, whereas MultiBank doesn't incorporate such resources. Both brokers provide an economic calendar to help traders keep track of global economic events. Despite these differences, both MultiBank and VT Markets are rated similarly for research, each earning 3.5 stars. When ranked by ForexBrokers.com, VT Markets stands out slightly higher at #36, compared to MultiBank's #49 ranking out of 62 brokers.
| Feature |
MultiBank
|
VT Markets
|
|---|---|---|
| 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 in the world of trading, both MultiBank and VT Markets provide a solid foundation. Each offers at least ten educational pieces focused on forex or CFDs, which can include articles, videos, or archived webinars. This is beneficial for newcomers looking to gain basic insights into trading. Both brokers offer a collection of beginner educational videos that cover various trading topics, making it easier for newbies to build their knowledge base. However, neither MultiBank nor VT Markets provide monthly online educational webinars or a searchable archive of previously recorded sessions, which could be a drawback for those seeking ongoing learning opportunities.
In terms of more specialized resources, VT Markets stands out by offering an investor dictionary with over 50 investing terms defined, which can be especially valuable for beginners encountering complex trading jargon. Meanwhile, neither broker offers advanced educational videos tailored for experienced traders. Both MultiBank and VT Markets have been rated at 3.5 stars for education, indicating a similar level of competence in this area. Despite their identical star ratings, MultiBank ranks slightly higher than VT Markets in the education category according to ForexBrokers.com, securing the 50th spot among 62 brokers compared to VT Markets' 55th position. This suggests that while both brokers are comparable in educational offerings, MultiBank may have a slight edge in this arena.
| Feature |
MultiBank
|
VT Markets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| 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 VT Markets. MultiBank finished with an overall rank of #40, while VT Markets finished with an overall rank of #44.
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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VT Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 84 | 70 |
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MultiBank offers both the ability to buy actual delivered cryptocurrencies and cryptocurrency derivatives, whereas VT Markets provides access only to cryptocurrency derivatives, not the actual cryptocurrencies.
MultiBank and VT Markets both offer Skrill, Visa, Mastercard, and bank wire options for depositing or withdrawing funds, but only MultiBank supports ACH or SEPA transfers, while neither 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 | VT Markets | |
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| Trust Score | 84 | 70 | |
| Winner | check_circle | ||
| Review | MultiBank Review | VT Markets Review |
| Broker Screenshots | MultiBank | VT Markets | |
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| Regulation | MultiBank | VT Markets | |
|---|---|---|---|
| Trust Score | 84 | 70 | |
| Year Founded | 2005 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 0 |
| Tier-1 Licenses (Highly Trusted) | MultiBank | VT Markets | |
|---|---|---|---|
| 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 | No |
| Tier-2 Licenses (Trusted) | MultiBank | VT Markets | |
|---|---|---|---|
| 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 | VT Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1042 | 1000 | |
| Forex Pairs (Total) | 40 | 39 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| 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 | VT Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.2 | |
| All-in Cost EUR/USD - Active | N/A | 0.8 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | MultiBank | VT Markets | |
|---|---|---|---|
| Minimum Deposit | $50 | $100 | |
| 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 | VT Markets | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| 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 | VT Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| 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 | VT Markets | |
|---|---|---|---|
| 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 | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | MultiBank | VT Markets | |
|---|---|---|---|
| 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 | VT Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | MultiBank | VT Markets | |
|---|---|---|---|
| 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 | VT Markets Review |
| Overall | MultiBank | VT Markets | |
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| Trust Score | 84 | 70 | |
| Winner | check_circle | ||
| Review | MultiBank Review | VT Markets Review |
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