Compare Fineco Bank vs MultiBank


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

Fineco Bank vs MultiBank
overall rating
4.7
4.0
overall pros
  • Low non-trading fees
  • Great mobile trading platform
  • Rock-solid background
  • Fast and easy account opening
  • Free and multiple deposit and withdrawal options
  • Fast and relevant customer service
overall cons
  • Only bank transfer for deposit
  • Limited educational tools
  • Poor charting tools
  • High stock CFD and inactivity fee
  • Limited product coverage
  • Basic research and educational tools
fees
3.5
  • Low non-trading fees
  • Low stock and ETF fees
  • Low fund fees
  • High forex and options fees
  • High fees for CFD overnight positions
3.2
  • Low forex fees
  • No withdrawal fee
  • High inactivity fee
  • High stock CFD fees
account opening
4.4
  • Fully digital
  • No minimum deposit
  • Slightly slow account verification
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
  • High minimum deposit for ECN Pro and MultiBank Pro accounts
deposit and withdrawal
3.3
  • No deposit fee
  • Several account base currencies
  • Free withdrawal in most cases
  • Credit/Debit card deposit not possible
  • Electronic wallets not accepted
4.5
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
web trading platform
4.3
  • Good search function
  • Good variety of order types
  • Modern design
  • 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
4.7
  • User-friendly
  • Good search function
  • Modern design
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
2.7
  • Good customizability (for charts, workspace)
  • Good search function
  • Not user-friendly
  • No clear fee report available
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
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
1.4
  • Forex
  • CFD
  • Crypto
research
4.0
  • Trading ideas
  • Data on asset fundamentals
  • Great screeners
  • Limited interactive charting
2.3
  • User-friendly
  • Useful daily newsletters
  • No trading ideas
  • No fundamental data available
  • No/poor quality news flow
customer service
4.0
  • Phone support
  • Live chat
  • Relevant answers
  • No 24/7 support
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
education
3.0
  • Educational videos
  • Webinars
  • No demo account
1.5
  • Demo account
  • No trading platform tutorial videos
  • No educational videos
  • High level of investor protection
  • Banking background
  • Listed on stock exchange
  • 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 and investors looking for a great trading platform and a broker with a solid background Forex and CFD traders familiar with the MetaTrader trading platform
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