MultiBank FX or Vantage FX – which is better for UK traders 2026? Compare MultiBank FX and Vantage FX in this detailed breakdown of their platforms, features and fees.
MultiBank FX, a reputable broker since 2005, provides forex and CFD products. With over 20,000 instruments, numerous local payment options, and round-the-clock multilingual support, it is favoured by traders worldwide. New clients benefit from bonus offers and can use the popular MT4 and MT5 trading platforms.
Established in 2009, Vantage provides trading on more than 1,000 short-term CFD products to over 900,000 clients. Forex CFDs are available from 0.0 pips on the RAW account via TradingView, MT4, or MT5. Regulated by ASIC, Vantage ensures that client funds are kept in separate accounts. Traders looking to copy strategies will benefit from a wide array of social trading tools.
Pros
MultiBank is growing its Middle East operations with a new office in Abu Dhabi and offering stock CFDs from the Dubai Financial Market and Abu Dhabi Securities Exchange.
MultiBank operates worldwide, holding over 10 regulatory licences, such as ASIC in Australia and MAS in Singapore, enhancing its trust rating.
In 2024, MultiBank updated its web and mobile platforms. The redesign features a seamless look across the website and includes an advanced TradingView charting tool.
The broker offers MAM, PAMM, and FIX API for professional traders, along with EAs and VPS hosting for algorithmic trading. It's a reliable choice for serious traders.
Vantage upholds a high trust score through its solid reputation, backed by premier regulation from the FCA and ASIC.
Vantage has enhanced its trading tools for experienced traders, introducing AutoFibo EA to pinpoint potential market reversals.
ECN accounts offer competitive terms, featuring spreads starting at 0.0 pips and a commission of $1.50 per trade side.
The trading software suite is outstanding, featuring the acclaimed MT4 and MT5 platforms.
The broker recently expanded its range of CFDs, offering more trading opportunities.
Vantage addresses the needs of passive investors through user-friendly social trading on ZuluTrade and Myfxbook.
With a minimal deposit requirement of just $50 and no funding fees, this broker stands out as an excellent option for novice traders.
Hedging and scalping strategies are fully permitted without any short-term restrictions.
Opening a live account is both straightforward and swift, requiring under 5 minutes to complete.
Cons
The $5,000 minimum deposit needed for the lowest ECN spreads creates a significant entry barrier for many retail traders.
MultiBank's education and market research require improvement, lagging behind top brokers such as IG and XTB.
MultiBank imposes a £60 monthly inactivity fee, notably above the industry average based on our broker assessments.
It's unfortunate that some clients must register with the offshore firm, which provides reduced regulatory safeguards.
To access optimal trading conditions, a substantial deposit of $10,000 is required. This includes a commission of $1.50 per transaction per side.
Based on tests, average execution speeds of 100ms to 250ms are slower compared to other options.
Regrettably, cryptocurrencies are accessible solely to clients in Australia.
Awards
Best Gold Broker 2023 - FX Empire
Best Forex Broker 2023 - Fintech & Crypto Summit Bahrain
Chairman Of The Year 2023 - Le Fonti Awards Dubai
Leading Financial Derivatives Institution 2023 - Le Fonti Awards Dubai
The Most Trusted Broker In The Middle East 2023 - Ultimate Fintech
Best Broker Of The Year 2022 - Traders Union
Best Globally Recognized Forex Broker 2022 - Forex Expo Dubai
Best Crypto Broker Asia & Europe 2022 - Global Brands Magazine
Best Financial Derivatives Broker Asia & Europe 2022 - Global Brands Magazine
Best Global Broker 2022 - Pan Finance
Best Global Forex Chairman Of The Year 2022 - Global Business Review Magazine
Best New Global Asset Digital Exchange - MultiBank Crypto Exchange 2022 - Global Business Review Magazine
The 50 Most Influential Figures In Global Financial Markets 2022 - Forex Traders Summit Dubai
Best Global Crypto Broker 2021 - Forex Expo Dubai
Bets Global Broker 2021 - Finance Magnates
Best Broker MENA 2021 - Finance Magnates
Best Broker Africa 2021 - Finance Magnates
Best Broker LATAM 2021 - Finance Magnates
Most Trusted Global Broker 2021 - Global Business Review Magazine
The 50 Most Influential Figures In Global Financial Markets 2021 - Forex Traders Summit Dubai
Best FX Service Provider 2020 - International Business Magazine
Best FX Customer Service 2020 - Forex Awards
Best Apac Region Broker 2020 - International Financial Awards
Best Forex & CFD Broker 2019 - Jordan Forex & Expo Awards
Financial Services Provider of the Year Asia 2019 - Global Brands Magazine
Best Forex Trading Platform Hong Kong 2018 - International Finance Magazine
Most Trusted Broker Global - International Business Magazine Award 2025
Best Global Broker - Ultimate Fintech Awards LATAM 2025
Best Forex Affiliate Program - Global Brand Awards 2025
Best CFD Broker Global - Global Brands Magazine 2024
Best Trade Execution - Global Forex Awards 2023
Best Multi-Asset Broker Global - Global Business and Finance Magazine 2023
Vantage provides a comprehensive trading app with a sleek design and user-friendly interface, making market analysis and trading simple. Although switching to horizontal mode may take a few seconds, it offers excellent chart views. This small delay is offset by easy access to indicators, drawing tools, an economic calendar, newsfeed, market analysis, and FX TV.
iOS App Rating
5
3.6
Android App Rating
4.2
3.9
Margin Trading
No
Yes
MetaTrader 4
Yes
Yes
MetaTrader 5
Yes
Yes
cTrader
Yes
No
AlgoTrader
No
No
OmniTrader
No
No
TradingView
No
Yes
Autochartist
No
No
eSignal
No
No
Trading Central
No
No
STP Account
No
Yes
ECN Account
Yes
Yes
DMA Account
No
No
MAM Account
No
Yes
PAMM Account
No
Yes
LAMM Account
No
No
Demat Account
No
No
AI / Machine Learning
No
No
Robo Advisor
No
No
Negative Balance Protection
No
Yes
Market Maker
Yes
No
P2P Trading
No
No
Spot Trading
Yes
Yes
Auto Trading
Yes (APIs)
Myfxbook AutoTrade, Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes
Yes
Copy Trading Platform
Clients at MultiBank FX can begin trading effortlessly in three straightforward steps. Access successful global traders online and diversify your investment portfolio. Learn from seasoned investors and save time on market analysis.
Traders benefit from social and copy trading at Vantage through MetaTrader, DupliTrade, ZuluTrade, and Myfxbook. ZuluTrade stands out as a leading social trading network. It employs an advanced algorithm to rank top signal providers.
Social Trading
Yes
Yes
Trade Signals
Yes
Yes
VPS Hosting
No
Yes
Tournaments
No
No
Demo Competitions
Yes
Yes
Ethical Investing
No
No
Custodial Account
No
No
Guaranteed Stop Loss
No
No
Inactivity Fee
$0
Islamic Account
Yes
Yes
Account Currencies
USD
EUR
GBP
CAD
AUD
NZD
JPY
HKD
SGD
PLN
Commodities
Gold
Silver
Oil
Cocoa
Coffee
Corn
Soybeans
Copper
Gold
Silver
Gasoline
Copper
Palladium
Platinum
Cocoa
Coffee
Orange Juice
Cotton
Sugar
Wheat
Oil
Natural Gas
CFD
Access numerous CFDs with competitive pricing and leverage up to 1:500. Trade across various asset classes such as currencies, shares, indices, metals, and commodities. Utilise the market-leading MetaTrader platforms for trading.
Traders can engage in leveraged speculation on over 1,000 financial markets, with leverage reaching up to 1:2000 based on regional regulations. One can take positions on both increasing and decreasing prices in currencies, commodities, indices, and shares, without needing to own the actual asset. A wide range of CFD trading platforms offers the flexibility to trade on desktop, web, or mobile, ensuring a smooth experience.
Leverage
1:500
1:30
FTSE Spread
Not offered
1.0
GBPUSD Spread<
0.8
0.5
Oil Spread
0.03
0.01
Stocks Spread
Variable
0.01
Forex
MultiBank FX provides trading on over 50 currency pairs, including major, minor, and exotic ones. The broker boasts tighter spreads compared to many rivals and offers higher leverage than most others. Automated trading strategies are allowed.
Vantage provides over 55 currency pairs, exceeding the industry norm, giving traders ample opportunities. With a robust liquidity pool, forex spreads start at 0.0 pips on the ECN account, often beating other options. Additionally, there are no commissions, deposit fees, or hidden charges.
Assets
45+
55+
GBPUSD Spread
0.8
0.5
EURUSD Spread
0.3
0.0
EURGBP Spread
0.8
0.5
Currency Indices
USD
Cryptocurrency
Trade leading cryptocurrencies, such as Bitcoin, Polkadot, and Stellar, against the US Dollar with 50% leverage. Enjoy execution speeds of under 20 milliseconds for swift transactions.
Trade cryptocurrencies like Bitcoin around the clock, with leverage as high as 1:200, and no overnight charges. Utilise risk management tools such as price alerts and stop losses. The Vantage app provides a superior live news feed, ensuring you stay informed about the crypto market wherever you are.