Compare MultiBank vs Plus500


Online brokers compared for fees, trading platforms, safety and more. See how MultiBank stacks up against Plus500!

MultiBank vs Plus500
overall rating
3.8
4.4
overall pros
  • Fast and easy account opening
  • Free and multiple deposit and withdrawal options
  • Fast and relevant customer service
  • Easy-to-use platform
  • Low CFD fees
  • Great account opening
overall cons
  • High stock CFD and inactivity fee
  • Limited product coverage
  • Basic research and educational tools
  • Limited product range, only CFDs
  • Minimal research tools
  • Mediocre educational section
fees
2.6
  • No withdrawal fee
  • Low stock index CFD fees
  • High inactivity fee
  • High stock CFD fees
3.6
  • Low trading fees
  • No withdrawal fee
  • Inactivity fee
account opening
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
  • High minimum deposit for ECN Pro and MultiBank Pro accounts
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
4.5
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
5.0
  • Credit/Debit card available
  • No deposit fee
  • Five withdrawals per month free
web trading platform
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
4.4
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
  • No order confirmation
4.9
  • User-friendly
  • Two-step (safer) login
  • Good search function
desktop trading platform
3.3
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
1.4
  • Forex
  • CFD
  • Crypto
1.9
  • CFD
research
2.3
  • User-friendly
  • Useful daily newsletters
  • No trading ideas
  • No fundamental data available
  • No/poor quality news flow
2.8
  • Good interactive chart
  • User-friendly
  • No trading ideas
  • No fundamental data available
  • No/poor quality news flow
customer service
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
5.0
  • Live chat
  • Relevant answers
  • 24/7 availability
  • No phone support
education
1.5
  • Demo account
  • No trading platform tutorial videos
  • No educational videos
2.5
  • Demo account
  • Educational videos
  • No trading platform tutorial videos
  • No webinars
  • No educational articles
  • 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
  • Listed on stock exchange
  • Negative balance protection
  • Financial information is publicly available
  • Does not hold a banking license
recommended for Forex and CFD traders familiar with the MetaTrader 4 trading platform Experienced traders looking for an easy-to-use platform and a great user experience
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