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

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

ThinkMarkets is a global broker headquartered in Australia that offers real stocks and ETFs along with CFDs on stocks, etfs, commodities, indices and cryptocurrencies accompanied by their proprietary platform: ThinkTrader.

• 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

• Passive investors looking to buy, hold or transfer real shares or ETFs from ASX
• Active traders looking to exploit their low spreads on CFDs
• MetaTrader 4 & 5 traders looking for a convenient offering

• ASIC (Australia)
• BaFin (Germany)
• CIMA (Cayman Islands)
• FSC (British Virgin Islands)
• FMA (Austria)
• MAS (Singapore)
• TFG (Tianjin)
• VFSC (Vanuatu)

• FCA (UK)
• ASIC (Australia)
• FSAS (Seychelles)
• FSCA (South Africa)

• Great asset variety (over 13,000+)
• Competitive commissions on Pro and ECN accounts ($3 per lot side)
• High leverage offering (Up to 1:500)

• Possibility to invest in real stocks and ETFs or trade CFDs
• Proprietary platform ThinkTrader is smooth and user friendly
• Spreads are very competitive when compared to similar competitors

• 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.

• Real stocks or ETFs are only from ASX (Australian Securities Exchange)
• Expensive stock trading commissions ($8 flat fee for ASX shares or ETFs)
• While their stock and ETFs offering is great, they lack variety in all other asset classes

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

• 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.

• Visa
• Mastercard
• Bank Transfer
• PayTrust
• Praxis
• Pagsmile
• Skrill
• Neteller
• Plus Wallets
• Payment Asia
• GlobePay
• POLi
• Bitcoin

• Visa
• Mastercard
• Neteller
• Skrill
• Bank Transfer
• Bitcoin (BTC)
• Ethereum (ETH)
• Tether (USDT)

US, CA, SY, IR.

US, CA, SY, IR.

After 90 days of inactivity, $60 every month.

• None on Standard accounts.
• Yes in Pro and ECN accounts of $3 per lot side.

• For Standard account there are no commissions
• For Zero account there is a commission of $3.5 per lot round turn

For real stocks and ETFs investing, there is a flat fee of $8 per trade (in-and-out) or if the trade value is above $200,000 then a 0.05% fee per trade.