MultiBank
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74-89% of retail CFD accounts lose money.

Vs.

easyMarkets
Visit

61% of retail CFD accounts lose money.

MultiBank Vs. easyMarkets - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Updated Oct 20 2022

Visit

74-89% of retail CFD accounts lose money.

Visit

61% of retail CFD accounts lose money.

Overview

MultiBank (MultiBank FX, MultiBank Group) is a global broker founded in 2005 that specialises in CFDs trading via MetaTrader 4 and 5 platforms.

Founded in 2001, easyMarkets offers three types of accounts – VIP, Premium and Standard – with fixed spreads for its Web, App and MT4 platforms.

Best For
  • Traders looking for an off-shore broker connected to a well regulated parent group that provides high leverage
  • Stock CFDs traders looking for wide share variety
  • FX Traders that don’t scalp and are looking for competitive ECN accounts
  • Forex traders who want transparent trades with fixed spreads
  • Traders who want access to higher leverage with its global entities
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

4

Other Licenses

4

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

3

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • BaFin (Germany)
  • CIMA (Cayman Islands)
  • FSC (British Virgin Islands)
  • FMA (Austria)
  • MAS (Singapore)
  • TFG (Tianjin)
  • VFSC (Vanuatu)
  • CySec (Cyprus)
  • FSAS (Seychelles)
  • FSC (British Virgin Islands)
  • ASIC (Australia)
The Good
  • Great asset variety (over 13,000+)
  • Competitive commissions on Pro and ECN accounts ($3 per lot side)
  • High leverage offering (Up to 1:500)
  • Low minimum deposit required for standard accounts
  • No fees or commissions
  • Clear trading conditions with fixed spreads
  • Offers free guaranteed stop loss
The Bad
  • Complicated legal regulatory framework due to being a group as it’s hard to understand which of their companies do what and on which entity does a customer trade or is being protected by regulation
  • Scalping not allowed (120 seconds time limit for FX and commodities and 300 second limit for other CFDs)
  • Expensive inactivity fee, $60 monthly after 90 days of inactivity.
  • Asset offering isn’t that comprehensive
  • There is no possibility of buying real stocks or ETFS
  • Limited trading hours
Status
Operational Operational
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

Key Data
⌛ Account Opening Time
1 day 1 day
📋 Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

📍 Year Founded
2005 2001
💳 Minimum Deposit Range
From $50 to $5,000 $25 for Standard account, $2,000 for premium and $10,000 for VIP
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • PayTrust
  • Praxis
  • Pagsmile
  • Skrill
  • Neteller
  • Plus Wallets
  • Payment Asia
  • GlobePay
  • POLi
  • Bitcoin
  • Visa
  • Mastercard
  • American Express
  • Maestro
  • JCB
  • Skrill
  • Neteller
  • AstroPay
  • Sofort
  • giropay
  • Ideal 
  • Bank transfer
  • BPay
  • Fasapay
  • Sticpay
  • WebMoney
  • bitwallet
  • Perfect Money
💵 Account Base Currencies
17 - USD, EUR, AUD, AED, GBP, CHF, CAD, MYR, THB,VND, IDR, BRL, MXN, CLP, PEN, GTQ, NIO. 19 - EUR, CAD, CZK, JPY, NZD, USD, SGD, CHF, GBP, MXN, AUD, PLN, TRY, CNY, HKD, NOK, SEK, ZAR, BTC.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, CA, SY, IR.

US, IL, CA, AF, AI, BI, KY, KY, TD, CD, CG, DM, GQ, FJ, GW, HY, HN, IR, IQ, LA, MZ, MM, NI, KP, PW, PA, SO, SS, SD, SY, TT, TM, VU, VE, YE.

📊 STP Account
No No
📊 DMA Account
No No
📊 ECN Account
Yes No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs CFDs
Total Asset Offering
13,925 196
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
12,825 64
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
41 62
📗 Commodities
0 0
📗 Commodities CFDs
21 17
📕 Indices
0 0
📕 Indices CFDs
27 13
📔 ETFs
0 0
📔 ETFs CFDs
1,000 0
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
11 17
📒 Bonds
0 0
📒 Bonds CFDs
0 0
📓 Options
0 0
📓 Options CFDs
0 23
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
1 Share Varies per stock (Eg: AMZN 0.05, APPL 0.25)
📉 Minimum ETFs Trade Size
1 ETF Unavailable
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots) $2,500 (0.025 Lots)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $2,500 (0.025 Lots)
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots) Varies per commodity (Eg: $25 for WTI, $75 for XAG)
📉 Minimum Bonds Trade Size
Unavailable Unavailable
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
500 30
💪 Professional Leverage
Unavailable 500
✍ Customisable Leverage
No Yes
🎲 Deleveraged Trading
No No
🎓 Demo Account
Yes Yes
📱 IOS App
No Yes
📱 Android App
No Yes
📺 MetaTrader 4
No Yes
📺 MetaTrader 5
Yes No
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No Yes
💻 Proprietary Platform
No Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes No
👫 Social Trading
Yes No
🔑 Guaranteed Stop-loss
No Yes
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee

After 90 days of inactivity, $60 every month.

None
💰 Deposit Fees
None None
💰 Withdrawal Fees
None None
💰 Commissions
  • None on Standard accounts.
  • Yes in Pro and ECN accounts of $3 per lot side.
None
Spreads
📈 EUR/USD
Dynamic - From 0.1 to 1.2 Pips Fixed - Based on Account Type (From 0.7 to 1.7 Pips)
📉 SP500
Dynamic - From 2 to 50 Pips Fixed - 150 Pips
📈 GOLD
Dynamic - From 2 to 50 Pips Fixed - Based on Account Type (From 5 Pips to 30 Pips)
📉 TSLA (Stock CFD)
Unavailable Fixed - $13
📈 XLK (ETF - CFD)
Unavailable Unavailable
📉 BTC
Unavailable Fixed - $100
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No
📡 Educational Content
No No
📡 Live Chat Support
No No
📡 Video Tutorials
No No
📡 Account Management
Yes Yes
📡 Webinars
No No