MultiBank Vs. Vantage - 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.

Vantage is a global broker operating since 2009. Initially based in Australia, Vantage is offering trading in forex, stocks, indices, commodities and cryptocurrencies.

• 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

• Traders looking to hedge their FX positions (low fees)
• Social traders looking to connect to popular copying services
• Traders preferring mobile apps

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

• ASIC (Australia)
• VFSC - (Vanuatu)
• CIMA (Cayman Islands)

• 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 deposit requirements
• Low non-trading fees
• Good educational material, news feed and market analysis
• Great mobile platform

• 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.

• High stock CFD fees
• Not all instruments are available on every trading platform
• Doesn’t offer ETFs

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• 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

• Bank Transfer
• Debit / Credit Card
• Cryptocurrency
• Bitwallet
• FasaPay
• Neteller
• Skrill
• Union Pay

US, CA, SY, IR.

AF, AL, AS, AU, BY, BM, BA, BG, BI, CA, CF, CN, HR, CU, ER, GR, GU, IR, IQ, CI, JP, LB, LR, LY, ML, ME, MM, KR, PR, GN, GW, RO, SL, RS, SG, SI, SO, SD, ES, SD, SY, VE, YE.

After 90 days of inactivity, $60 every month.

No for all methods, except the bank transfer. First one is free, subsequent in the same month are charged $20 or equivalent depending on the account currency.

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

Yes for ECN accounts -from $6 per lot per round turn.