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
4.1
4.4
overall pros
  • Quick and easy account opening
  • Free and varied deposit and withdrawal options
  • Fast and helpful customer service
  • Easy-to-use platform
  • Great account opening
  • Quick and helpful customer support
overall cons
  • High stock CFD and inactivity fees
  • Limited product coverage
  • Poor research and educational tools
  • Limited product range, only CFDs
  • Mediocre research tools
  • Average CFD fees
fees
3.4
  • Low forex fees
  • No withdrawal fee
  • High inactivity fee
  • High stock CFD fees
3.0
  • Free withdrawal
  • Inactivity fee charged only if you don't log into the platform
  • Average CFD fees
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
  • Free withdrawal
  • No deposit fee
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
4.5
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability for 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
5.0
  • User-friendly
  • Two-step (safer) login
  • Good search function
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
1.6
  • 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
3.3
  • Good interactive chart
  • User-friendly
  • Market analysis
  • 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
3.5
  • Demo account
  • Educational videos
  • Educational articles
  • No webinars
  • Materials are not well-structured
  • 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
  • Financial information is publicly available
  • Does not hold a banking license
recommended for Forex and CFD traders familiar with the MetaTrader trading platform Experienced traders looking for an easy-to-use platform and a great user experience
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