Compare eToro vs MultiBank


Online brokers compared for fees, trading platforms, safety and more. See how eToro stacks up against MultiBank!

eToro vs MultiBank
overall rating
4.7
3.9
overall pros
  • Free stock and ETF trading
  • Seamless account opening
  • Social trading experience
  • Fast and easy account opening
  • Free and multiple deposit and withdrawal options
  • Fast and relevant customer service
overall cons
  • High forex fees
  • Withdrawing money can be slow
  • Only one account base currency
  • High stock CFD and inactivity fee
  • Limited product coverage
  • Basic research and educational tools
fees
4.3
  • Low trading fees
  • Free stock trading
  • Low CFD fees
  • Withdrawal fee
  • Monthly inactivity fee after 1 year of no trading
2.9
  • No withdrawal fee
  • Low stock index CFD fees
  • High inactivity fee
  • High stock CFD fees
account opening
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
  • High minimum deposit for ECN Pro and MultiBank Pro accounts
deposit and withdrawal
3.5
  • Credit/Debit card available
  • No deposit fee
  • User-friendly
  • Only one account base currency
  • $5 withdrawal fee
  • Conversion fee for non-USD deposits
4.5
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
web trading platform
4.4
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
mobile trading platform
4.9
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • No Touch/Face ID login
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
  • No order confirmation
desktop trading platform
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
3.8
  • Stock
  • ETF
  • Forex
  • CFD
  • Crypto
1.4
  • Forex
  • CFD
  • Crypto
research
3.5
  • Good interactive chart
  • Trading ideas
  • User-friendly
  • Analyst recommendations
  • No fundamental data available
  • No/poor quality news flow
2.3
  • User-friendly
  • Useful daily newsletters
  • No trading ideas
  • No fundamental data available
  • No/poor quality news flow
customer service
3.5
  • Live chat
  • Fast response time
  • Relevant answers
  • No phone support
  • No 24/7 support
  • Live chat is offline quite often
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
education
2.5
  • Demo account
  • Intro guide to the platform
  • Basic educational videos
1.5
  • Demo account
  • No trading platform tutorial videos
  • No educational videos
  • Majority of clients belong to a top-tier financial authority
  • Negative balance protection
  • Well-known innovative fintech firm.
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
  • Majority of clients belong to a top-tier financial authority
  • Negative balance protection
  • No investor protection
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Traders interested in social trading (i.e. copying other investors’ trades) & zero commission stock trading Forex and CFD traders familiar with the MetaTrader trading platform
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