Written by ForexBrokers.com
In this head to head comparison of ActivTrades vs MultiBank, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Founded in 2001, ActivTrades is a well-regarded online broker with a Trust Score of 81 out of 99 according to ForexBrokers.com, placing it in the trusted category. Though not publicly traded or a bank, ActivTrades holds two Tier-1 licenses, indicating a high level of trust, and one Tier-2 license, further reinforcing its credibility.
Established in 2005, MultiBank slightly surpasses ActivTrades with a Trust Score of 84, also classifying it as trusted. Like ActivTrades, MultiBank is neither publicly traded nor a bank. It holds three Tier-1 licenses, suggesting an even greater level of trust, along with one Tier-2 license, strengthening its standing as a reliable broker.
| Feature |
ActivTrades
|
MultiBank
|
|---|---|---|
| Year Founded | 2001 | 2005 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 3 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 3 |
When comparing ActivTrades and MultiBank based on commissions and fees, both online brokers present distinct offerings. ActivTrades features spreads slightly better than the industry norm, focusing primarily on its Individual Account, along with Professional and Islamic account options. However, there's no account specifically tailored for high-volume traders, and pricing for active traders is absent. Average EUR/USD spreads were reported at 0.98 pips in May 2024. ActivTrades is rated 4 out of 5 stars, ranking 28th out of 63 brokers according to ForexBrokers.com for commissions and fees.
MultiBank provides three account types—Standard, Pro, and ECN. While the Standard account offers lower barriers to entry with a $50 minimum deposit, it comes with higher spreads. The Pro account, demanding a $1,000 deposit, provides lower spreads, but the ECN account boasts the tightest spreads and a $3 round-trip commission per trade, requiring a $10,000 deposit. Additionally, MultiBank charges a $60 monthly inactivity fee if an account is inactive for 90 days. With a 4-star rating, MultiBank also ranks lower at 38th in the same broker comparison for commissions and fees.
Both brokers cater to different trader needs. ActivTrades may appeal to those seeking slightly better-than-average spreads without pursuing specialized account tiers, while MultiBank’s tiered account system offers flexibility but at varying cost thresholds. Each broker’s choice of account necessitates a trade-off between spread tightness and account deposit requirements, influencing potential long-term trading costs.
| Feature |
ActivTrades
|
MultiBank
|
|---|---|---|
| Minimum Deposit | $0 | $50 |
| Average Spread EUR/USD - Standard | 0.98 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
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When comparing ActivTrades to MultiBank in terms of their investment offerings, both online brokers provide a comprehensive range of options tailored to diverse trading needs. ActivTrades offers a broader selection with 1,267 tradeable symbols compared to MultiBank's 1,042. While both brokers provide forex trading as CFDs or spot contracts, ActivTrades stands out with 49 available forex pairs against MultiBank's 40 pairs. Additionally, although neither broker offers the direct purchase of U.S.-listed exchange-traded securities, ActivTrades allows access to international exchanges, giving clients the chance to buy shares like Vodafone on the London Stock Exchange, while MultiBank does not provide this choice.
Both ActivTrades and MultiBank support copy trading, catering to those who prefer automated strategies. Cryptocurrency enthusiasts will find both brokers offering crypto derivatives, yet only MultiBank allows the purchase of actual cryptocurrencies. Despite these differences, each broker holds an admirable 4-star rating for their range of investments. In rankings by ForexBrokers.com, ActivTrades is placed at #31, while MultiBank sits at #37 among 63 brokers surveyed for investment offerings.
| Feature |
ActivTrades
|
MultiBank
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1267 | 1042 |
| Forex Pairs (Total) | 49 | 40 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | Yes |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
ActivTrades and MultiBank both provide a solid range of trading platforms and tools, catering to both novice and seasoned traders. Traders will find that both brokers offer free virtual demo accounts, allowing for practice without financial risk. Each company has developed its own proprietary platform, offering tailored experiences for their users, and provides a Windows-based desktop download trading platform as well as a web-based platform. Popular trading platforms MetaTrader 4 and MetaTrader 5 are available at both brokers, supporting flexibility and familiarity for traders. Additionally, both ActivTrades and MultiBank offer copy trading services, enhancing trader collaboration and strategy replication.
When it comes to charting features, ActivTrades provides 15 drawing tools, while MultiBank offers 17, giving traders a slight edge with more options for technical analysis. Both platforms support trading directly from stock charts, providing a seamless trading experience. Watch list customization differs slightly, with ActivTrades featuring up to 11 columns for fields and MultiBank offering up to seven. In a rating of their trading platforms and tools, both brokers earn four out of five stars. However, in rankings by ForexBrokers.com, ActivTrades takes the lead, positioned at #30 out of 63 brokers, compared to MultiBank's #39 ranking.
| Feature |
ActivTrades
|
MultiBank
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 38 |
| Charting - Drawing Tools (Total) | 15 | 17 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 11 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
ActivTrades and MultiBank both offer mobile trading apps that cater to iPhone and Android users, ensuring that traders can manage their investments on the go. These apps provide essential features such as stock and forex price alerts and the capability to draw trendlines on charts. Traders can view multiple time frames, like daily or weekly, and both apps have the functionality to auto-save chart drawings. Additionally, users can create watchlists with real-time quotes to stay updated with market movements. However, neither app supports watchlist symbol syncing, meaning changes made on mobile won't automatically reflect on other platforms.
While both ActivTrades and MultiBank provide 30 technical studies for charting on their mobile apps, there are some distinctions in their ratings and rankings. Both apps have garnered a 4-star rating out of five for mobile trading, but differ in their rankings by ForexBrokers.com. ActivTrades is placed at #19, reflecting a stronger position among 63 brokers, whereas MultiBank is further down the list at #41. This may suggest that ActivTrades offers a slightly better overall experience, despite both apps providing substantial features for mobile trading enthusiasts.
| Feature |
ActivTrades
|
MultiBank
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of ActivTrades and MultiBank, ActivTrades stands out with its daily market commentary, which MultiBank does not provide. Both brokers deliver forex news from top-tier sources such as Bloomberg and Reuters, keeping traders informed with high-quality market updates. However, neither broker offers research tools from Autochartist or Trading Central, which limits access to those specific technical analysis resources. Additionally, while ActivTrades provides a sentiment-based trading tool that measures long and short positions, MultiBank does not offer this feature, potentially giving ActivTrades users an edge in terms of market sentiment insights.
Both brokers offer an economic calendar to track significant global events, which is essential for traders to make informed decisions. As per ForexBrokers.com, ActivTrades is rated 4 stars for research and ranks 30th among 63 brokers, indicating a solid research offering. In comparison, MultiBank has a slightly lower rating of 3.5 stars and ranks 49th, reflecting some gaps in their research provisions. Overall, ActivTrades seems to offer a more comprehensive research experience, which may appeal to traders seeking detailed market analysis tools.
| Feature |
ActivTrades
|
MultiBank
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both ActivTrades and MultiBank offer a good range of forex and CFDs learning materials, ensuring beginners have access to more than 10 educational pieces like articles and videos. However, ActivTrades shines brighter by offering online client webinars every month, along with a searchable archive of recorded sessions. MultiBank, in contrast, does not provide these live educational sessions or access to past webinars. Furthermore, while both brokers support beginners with educational videos, only ActivTrades ventures into more advanced topics with extensive video coverage aimed at experienced traders.
Neither ActivTrades nor MultiBank provides an investor dictionary of investing terms, but ActivTrades still scores a bit higher in educational services overall. Rated at four stars for education, ActivTrades ranks 38th, whereas MultiBank garners a 3.5-star rating, placing it 50th among 63 brokers according to ForexBrokers.com. This reflects ActivTrades' richer and more varied educational offerings, making it a slightly better choice for beginners eager for comprehensive learning and ongoing webinars.
| Feature |
ActivTrades
|
MultiBank
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that ActivTrades is better than MultiBank. ActivTrades finished with an overall rank of #33, while MultiBank finished with an overall rank of #40.
ActivTrades is a long-standing brand that offers a proprietary trading platform, ActivTrader, and support for the award-winning TradingView and MetaTrader (MT4 and MT5) platforms. ActivTrades also delivers a selection of custom add-ons, indicators, and trading tools for traders who prefer to use MetaTrader. Drawbacks for trading with ActivTrades include a smaller selection of tradeable symbols and fewer educational resources than what’s available from the best forex brokers.
| Feature |
ActivTrades
|
MultiBank
|
|---|---|---|
| Overall Rating |
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| Trust Score | 81 | 84 |
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While both ActivTrades and MultiBank provide options for trading cryptocurrency derivatives, only MultiBank offers the capability to purchase actual delivered cryptocurrencies, setting it apart from ActivTrades, which does not offer this service.
In comparing the online brokers ActivTrades and MultiBank, both provide Skrill, Visa, Mastercard, and bank wires for deposits and withdrawals, whereas ActivTrades lacks ACH or SEPA transfer options, unlike MultiBank, and neither offers PayPal as a transaction method.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | ActivTrades | MultiBank | |
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| Trust Score | 81 | 84 | |
| Winner | check_circle | ||
| Review | ActivTrades Review | MultiBank Review |
| Broker Screenshots | ActivTrades | MultiBank | |
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| Regulation | ActivTrades | MultiBank | |
|---|---|---|---|
| Trust Score | 81 | 84 | |
| Year Founded | 2001 | 2005 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 3 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 3 |
| Tier-1 Licenses (Highly Trusted) | ActivTrades | MultiBank | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | Yes | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | ActivTrades | MultiBank | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | ActivTrades | MultiBank | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1267 | 1042 | |
| Forex Pairs (Total) | 49 | 40 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | Yes | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | ActivTrades | MultiBank | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.98 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | ActivTrades | MultiBank | |
|---|---|---|---|
| Minimum Deposit | $0 | $50 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | ActivTrades | MultiBank | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | ActivTrades | MultiBank | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 11 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 38 | |
| Charting - Drawing Tools (Total) | 15 | 17 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | ActivTrades | MultiBank | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | ActivTrades | MultiBank | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | ActivTrades | MultiBank | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | ActivTrades | MultiBank | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | ActivTrades Review | MultiBank Review |
| Overall | ActivTrades | MultiBank | |
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| Trust Score | 81 | 84 | |
| Winner | check_circle | ||
| Review | ActivTrades Review | MultiBank Review |
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