MultiBank Review 2021

MultiBank Review 2021

Davis J.
Robertson A.
March 2021
Analysis of the Main Features of the Forex Broker

5.9

Overall rating

5.69

/10

Execution of orders

6.11

/10

Investment instruments

5.75

/10

Withdrawal speed

6.05

/10

Customer Support work

5.53

/10

Variety of instruments

6.27

/10

Trading platform

56

Position
in rating

Trading terminals:

MT4 MT5
56

Position in rating

5.9/10
Overall rating

Trading terminals:

MT4 MT5

Attention!

Due to the large number of negative reviews about this company and because it occupies the low position of number 20 on our Ratings List of Forex brokers, the Traders Union does not recommend cooperating with this broker.

Instead, our experts strongly advise you to select a brokerage from among the Top 5 on our objectively ranked list:

Summary of MultiBank Trading Company

The MultiBank Group Corporation (MultiBank) has been operating since 2005 when its first company was registered in California (USA). The broker is currently licensed by six international regulators: Australian ASIC, German BaFin, Austrian FMA, Spanish CNMV, BVI FSC, and Cayman Islands CIMA. The company strives to provide favorable trading conditions for traders with any work experience. In 2019, according to Jordan Forex Expo & Awards, MultiBank Group was named "The Best Forex and CFD Broker in Europe and Asia."

Attention!

The rebate from Traders Union on the MultiBank Group broker is available to its new and existing clients who have opened a trading account using the Union's referral link.

👍 Advantages of trading with MultiBank:

  • the ability to trade from professional ECN accounts with floating spreads from 0.1 pips;
  • popular trading platforms MT4 and MT5, mobile applications and web terminals compatible with various OS and browsers;
  • several options for passive earnings including a service for copying trades, PAMM accounts, and an affiliate program.

👎 Disadvantages of MultiBank:

  • lack of micro (cent) accounts;
  • trading restrictions on scalping;
  • up to 48 hours for withdrawals;
  • deposits from USD 1000 on accounts with spreads between 0.1-0.8 points;
  • inability to open a real account without verification.

Overall

The MultiBank Group is a broker for active trading and passive investing, the conditions of which are primarily suitable for professional traders.

Visit MultiBank

MultiBank Latest Comments for 2021

0
5
0

Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of MultiBank published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

I contacted the support service regarding the withdrawal of my money. So they made an enemy out of me, that I say so and so, there are so many opportunities on the market, and I want to get money out of greedy. In short, after that I decided to finally remove everything.

The broker cheats clients for money. This is not the first time I notice that money is gradually disappearing from the account. Where it is not clear, support is freezing. I can't understand how it is. In theory, they should work for the client. And in the end, money is being withdrawn somewhere, they can't really say anything.

Terrible nadiralovo! MultiBank is just a lure for the lap ears. They blow in the ears, bred shorter to the fullest. My mower stuck to them. The site seems to be decent, but I would call them in my own way.

They licked my feet several times. We just stopped and went in the opposite direction, although there were no such movements on other platforms. So make your own conclusions whether it is worth working with such a desk or not.

The bummer happened where I did not expect. They blocked the account and said that I had broken some rules. In short, out of the blue, zeroed out.

Expert Review of MultiBank

MultiBank has 6 licenses from international regulators, the requirements of which are aimed at the safety of traders' funds. The company strives to provide its clients with the most transparent cooperation and provide favorable conditions for trading in the financial markets. Today MultiBank Group offices are located in more than 20 locations around the world, and their employees provide support to clients from 90 countries.

The MultiBank Brokerage company offers several types of accounts with floating and fixed spreads. There are no micro accounts, so potential clients (especially newcomers to Forex) are deprived of the opportunity to test the broker's service with minimal or no investment. It is forbidden to use scalping and high-frequency strategies for trading, but hedging and the use of automated advisors are allowed. The broker also offers several options for passive investing.

The company's website is presented in 9 versions. Unfortunately, there are no analytics and training sections on the broker's website. This evidences that the company is primarily aimed at cooperation with professional traders with a certain knowledge base.

Antony Robertson

Traders Union
Financial Analyst

Analysis of the Main Features of the Forex Broker

5.9

Overall rating

5.69

/10

Execution of orders

6.11

/10

Investment instruments

5.75

/10

Withdrawal speed

6.05

/10

Customer Support work

5.53

/10

Variety of instruments

6.27

/10

Trading platform

Dynamics of the Popularity of MultiBank
in 2020 among the Users of the Traders Union

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets and Products of the Broker

Clients of the MultiBank broker can combine active trading with passive investing. The company provides an opportunity to copy transactions of successful traders or, conversely, become a signal provider. Also, to receive additional income, the broker offers investors PAMM accounts or to become a partner of MultiBank.

MAM and PAMM accounts are investment tools managed by an independent trader

PAMM and MAM are trader's (manager's) trading accounts, in which investors invest their funds. After completing a profitable trade, the account manager receives an agreed percentage of the profit. Investing in a PAMM account allows the investor to receive additional passive income without independently trading on Forex.

  • The broker controls the distribution of profits and losses and also provides investors with a rating of successful managers.

  • It is possible to simultaneously use and manage several accounts.

  • It is allowed to use expert advisors for trading from managed accounts.

  • You can monitor order management in real-time, including profit/loss.

The manager is interested in successful trading, as he also invests his own funds in his PAMM accounts. In addition, the trader is rewarded only after making profitable trades.

Important!

If you are a large investor and plan on investments over $10,000, contact us at [email protected] or by the feedback form on our website. Our professional team will take you through all the intricacies of thedeal and all the steps from signing up to withdrawal of profits.

MultiBank Group’s affiliate program:

  • The “Invite a friend” program gives $100-400 to a trader, provided that the referred client replenishes a deposit of $100 and closes at least 25 trading lots within 3 months. The referral's reward is $100-400.

  • "CPA" – is a commission for site owners, bloggers, marketers, etc., for connecting each active trader.

  • ‘Introducing Broker’ (IB) is a program for receiving commissions, discounts, and refunds on transactions with the highest level of personalized customer service.

  • "Franchise" - opening an office under the name MultiBank and obtaining exclusive rights to products and services.

  • ‘White Label’ is a program for institutional clients who want to create their own trading system with a brand name and become independent Forex brokers.

Affiliate programs allow the broker's clients to receive additional profit for attracting new clients to the company and distributing the MultiBank brand throughout the network.

Rebate and Discount Programs of the Traders Union for MultiBank

Become a Traders Union partner to lower your trading costs. After registering on the Traders Union website and opening an account with the MultiBank Group, you will be able to receive a refund of a part of the spread. Rebate is given for each open trade, regardless of its result: The Traders Union pays remuneration for both profitable and unprofitable trades.

Information

The amount of payment from MultiBank to Traders Union is $5 per 1 lot. The clients of the Union receive 80% of this amount.

Example. You trade the EUR/USD currency pair, opening a 1 lot trade once a day. The pip value for 1 lot is $10. Spread/commission - 1 pip. If you worked directly with MultiBank, the daily cost of spread/commission alone would be $10. Traders Union receives from the broker $5 for 1 lot while paying the trader a rebate of 80%. The amount of compensation, in this case, will be 5x0.8 = 4 dollars per 1 lot.

Try it!  You’ll like this!

Trading Conditions for MultiBank Users

The conditions of the MultiBank Group broker are more suitable for a trader with free capital. On MT4 and MT5 Maximus accounts with a minimum deposit of $50, fixed spreads for the EUR/USD pair start at 1.4 pips. The accounts with low floating spreads (from 0.1 pips) need to be funded with $5,000. Traders trade with leverage from 1:100 to 1:500, which is not the best indicator in the Forex market.

$50

Minimum
deposit

1:500

Leverage

24/5

Support

MT4 MT5
Trading platform: МТ4, МТ5
Accounts: Demo, МТ4 Maximus, МТ4 MultiBank Pro, МТ4 ECN Pro, MT5 Maximums, MT5 ECN, Islamic (no swaps)
Account currency: USD, GBP, EUR, JPY, CHF, AUD, NZD, CAD
Replenishment / Withdrawal: Bank Transfer (SWIFT), Credit Cards Visa, Mastercard, Neteller, Skrill, FasaPay, Perfect Money, Payment Asia, PayTrust, FxBit, GlobePay, Thunder X Pay
Minimum deposit: From USD 50
Leverage: Up to 1:500
PAMM-accounts: Yes
Min Order: 0.01
Spread: From 0.1 pips (МТ4 ECN Pro); From 0.8 pips (МТ4 MultiBank Pro); From 1.4 pips (МТ4 Maximus); From 1.4 pips (MT5 Maximums); From 0.8 pips (MT5 ECN)
Instruments: 45 currency pairs, metals, stocks, indices, commodities, and cryptocurrencies
Margin call/Stop Out: 100/50%
Liquidity provider: N/a
Mobile trading: Yes
Affiliate program: Yes
Orders execution: Market executions
Trading features: The commission per lot on ECN accounts
Contests and bonuses: 100% bonus, 20% bonus, Imperial bonus, loyalty program

Comparison of MultiBank with other Brokers

MultiBank FxPro XM Group Admiral Markets UK AvaTrade
Trading
platform
ECN Pro, MultiBank Pro (MT4), Maximus MT4, MobileTrading, MT5, cTrader MT4, MT5, MobileTrading MT4, MT5, iPhone, iPad, Android, MT4 Supreme Edition MT4, MobileTrading, Zulu Trader, Mirror Trader, AvaTrader, AVA Option
Min deposit $50 $100 $5 $200 $100
Leverage From 1:1
to 1:500
From 1:1
to 1:500
From 1:1
to 1:30
From 1:25
to 1:500
From 1:200
to 1:400
Trust management No No No No No
Accrual of % on the balance No No No No No
Spread From 0 points From 1 point From 1 point From 0 points From 0 points
Level of margin call
/ stop out
100%  /  50% 25%  /  20% 100%  /  50% 100%  /  30% 25%  /  10%
Execution of orders Market Execution Market Execution, Instant Execution Market Execution Market Execution Instant Execution
No deposit bonus No $100 $30 No No
Cent accounts No No Yes No Yes

Broker comparison table of trading instruments

MultiBank FxPro XM Group Admiral Markets UK AvaTrade
Forex Yes Yes Yes Yes Yes
Metalls Yes Yes Yes Yes Yes
Crypto Yes No No Yes Yes
CFD Yes Yes Yes Yes Yes
indexes Yes Yes Yes Yes Yes
Stock Yes No Yes Yes Yes
ETF No No No Yes No
Options No No No No No

MultiBank Commissions & Fees

Information

The Traders Union specialists analyzed the trading conditions of MultiBank to identify all commissions. Withdrawals of funds are free. The fees of payment systems are not indicated on the site. On ECN accounts, there is a commission per lot in both directions. The broker withholds $3 from the client when replenishing the deposit from $5,000 to $20,000 and $2 when credited to the account from $20,000.

Account type Spread (minimum value) Withdrawal commission
МТ4 ECN Pro From $1 No
МТ4 MultiBank Pro From $8 No
МТ4 Maximus From $14 No
MT5 Maximums From $14 No
MT5 ECN From $8 No

For the transfer of a position to the next day, the broker charges a swap commission. We also compared the average spreads of the MultiBank broker and its competitors. The data obtained as a result of the comparison can be viewed in the table below.

Conclusion

The MultiBank Group Broker offers average spreads, the values of which do not differ much from those of its competitors. Spreads can be reduced with a rebate from Traders Union.

Detailed Review of MultiBank

The MultiBank Broker is part of the MEX Group Corporation (MultiBank Exchange Group), which has received more than 40 international awards. MultiBank offers a wide range of the most liquid financial instruments for trading. The regulated broker provides clients with fast execution speed and access to the best quotes. Also, traders can connect to the VPS server for free, open MAM and PAMM accounts, and use trading advisors.

A few figures about MultiBank Group, which will help potential clients evaluate its activities:

  • capital of USD 322 million;

  • 20 offices around the world;

  • 320,000 clients from 90 countries of the world.

MultiBank caters to active and passive traders

MultiBank Group offers award-winning MT4 and MT5 platforms and a wide variety of secure deposit and withdrawal options. The broker offers several types of accounts, so a trader can choose suitable conditions based on his own experience and the amount of available capital. The company provides an opportunity to trade on ECN accounts with direct access to more than 20 interbank trading instruments. MultiBank Group allows clients to receive passive income through participation in partnership and bonus programs, as well as copying deals of experienced traders and/or investing in PAMM accounts.

The broker provides its clients with the two most popular trading platforms among traders - MetaTrader 4 and MetaTrader 5. A desktop version, mobile applications, and web terminals are also available for trading. The maximum number of trades: 30 (Forex), 10 (metals), 5 (stocks, indices, commodities, and cryptocurrencies).

Useful services of the MultiBank Group:

  • VPS hosting. Free virtual private servers from third-party providers for round-the-clock remote trading including weekends and breaks;

  • Trading calendar – provide working hours of various exchanges and a schedule of opening and closing times of trading sessions and reminders of upcoming bank holidays;

  • CFD expiration calendar. Information about the expiration dates of the quoted contracts.

Advantages:

1

the holding group for MEX Worldwide Limited has six international licenses;

2

has average market spreads for popular currency pairs;

3

access for trading using the most popular trading platforms - MT4 and MT5;

4

negative balance protection;

5

the existence of several types of affiliate programs;

6

website and support in 9 languages.

On all platforms, the broker prohibits the use of scalping and high-frequency strategies, in which the opening/closing of trades occurs within 10 seconds.

How to Start Making Profits — Guide for Traders

The MultiBank Group offers a wide variety of live accounts. Their conditions are suitable for novice and professional traders. The accounts differ in the sizes of the minimum deposit, the type and size of the spread, and the existence or non-existence of commissions.

Account types:

Account Type
Description
MT4 Maximus
MT4 Maximus is an account with fixed spreads from 1.4 pips and a minimum deposit of $50. There is no commission for a lot;
МТ4 MultiBank Pro
МТ4 MultiBank Pro is an account with no commission per lot. The minimum deposit is $1,000, and the average floating spread is 0.8 pips;
MT4 ECN Pro
The ECN account requires a deposit of $5,000 or more. The spreads float, starting from 0.1 pip (EUR/USD). There is a commission per lot in both directions: $3 for deposits from $5,000 to $20,000; and $2 for deposits from $20,000;
MT5 Maximus
the MT5 Maximus is an account with a minimum deposit of $50. Fixed spreads are from 1.4 pips. The broker does not charge a commission per lot;
MT5 ECN
the MT5 ECN is a professional account with floating spreads from 0.8 pips. The minimum deposit is $5,000. The size of the commission per lot depends on the amount of the deposit. For deposits from $5,000 to $20,000, the return fee is $3, for deposits from $20,000 its $2.

A trader can study trading conditions and test the functionality of the platforms presented on a free demo account.

The MultiBank Group offers accounts that are suitable for professional traders using medium- and long-term strategies.

Bonuses Paid by the Broker

"100% Bonus"

A reward of up to $20,000 is available for new clients who choose the Maximus account to trade currency pairs and gold. The minimum initial deposit is $200.

Imperial bonus

The Imperial bonus is a $40 to $5,000 first-deposit bonus available on all platforms and account types. The minimum deposit to participate in the program is $200, the target for closed positions is 40 lots, available to individual clients and introducing brokers.

"20% Bonus"

"20% Bonus" – is a bonus in the amount of 20% of the deposit for replenishment from USD 1,000. Half of the bonus can be converted at a rate of $2 per 1 lot in both directions. The bonus is available to individual clients who have opened a Maximus or MultiBank Pro account.

“Loyalty bonus”

This is a payment of $40-3,500 when replenishing the account (but not the initial deposit) from $200 and closing from 40 lots. This is also available to introducing brokers on all trading platforms.

Bonuses from Traders Union

Would you like to receive a bonus from Traders Union? Then register on the Traders Union website, and then open an account with the MultiBank Group broker using a special partner link. Regardless of the results of the trade, the Union will return to you a part of the funds that you spent on the payment of the brokerage spread. If you have been trading with MultiBank for some time, the rebate is also available to you. But see here for detailed instructions on how to link your active brokerage account to your Traders Union account.

Investment Education Online

Information

There are no separate sections with training materials, analytics, and FAQs on the MultiBank website. The trader is forced to look for all the necessary information about trading in other sections of the site and the user agreement.

Information available in the “Tools” section
Information not available at MultiBank’s website
Margin calculation for currency pairs
Forex terminology
What is hedging?
Technical and fundamental analysis
Conditions for order execution
Description of indicators
 
Analysis of trading strategies

The information presented on the site is not enough for a deep study of the Forex market and choosing your own trading strategy.

Security (Protection for Investors)

Information

MultiBank includes several companies that are licensed by reputable regulators, such as ASIC (Australia), BaFin (Germany), FMA (Austria), CNMV (Spain), FSC (British Virgin Islands), and CIMA (Cayman Islands).

International regulators strictly monitor the compliance of the MultiBank Group with the requirements set out when issuing a license. The broker is committed to providing services within the legal framework and guarantees the safety of its clients’ funds.

👍 Advantages

  • Custody of customer funds in segregated accounts in premier banks 
  • Negative balance protection
  • Ability to file a complaint with the regulator

👎 Disadvantages

  • Inability to open a real account without providing verification
  • Complaints of private traders with insignificant amounts are not considered by regulators
  • Claims for damages are processed within 1-2 months

Withdrawal Options and Fees

  • Submission of an application for withdrawal is carried out through your personal account or by sending an appropriate request to the email specified in the section labeled Withdrawals.

  • The broker does not charge a withdrawal fee. Also, there is no information on the site about the amount of fees charged by payment systems and banks.

  • The company's clients withdraw funds by bank transfer (SWIFT) using Visa/Mastercard credit cards, Neteller, Skrill, FasaPay, Perfect Money, Payment Asia, PayTrust, FxBit, GlobePay, Thunder X Pay, and e-wallets. The available payment systems may differ depending on the company chosen during registration - MultiBank FX or MEX Exchange.

Customer Support Service

Information

The broker's support service advises clients around the clock 24/5.

👍 Advantages

  • Many communication options
  • Multilingual support
  • The company's specialists answer within 1-2 minutes

👎 Disadvantages

  • Closed on weekends

There are several ways to contact support:

  • via phone, using the numbers indicated on the website;

  • by email;

  • in an online chat on the broker's website;

  • via WhatsApp;

  • start a video conference using SKYPE;

  • using the feedback form.

You can contact technical support from the broker's website and through your personal account.

Contacts

Registration address Craigmuir Chambers, Road town, Tortola VG1110, British Virgin Islands
Regulation
Contacts

Review of the Personal Cabinet of MultiBank

To become a client of MultiBank Group and receive a spread compensation from the Traders Union rebate service, you need to:

1

Complete a free registration on the Traders Union website. Using the affiliate link of the Union, go to the broker's official website and press the red “Live account” button on its main page. This will open the registration form.

MultiBank Group Review - Opening an account
MultiBank Group Review - Opening an account
MultiBank Group Review - Opening an account
2

Fill out the form correctly. From the drop-down list, select the priority company for cooperation such as MultiBank FX (FCA regulator) or MEX Exchange (ASIC). Check the trading platform (MT4, MT5); required leverage (from 1:100 to 1:500); account type such as individual, corporate, joint, or introducing broker (IB). Enter your name, phone number, and email. Be sure to upload your verification of identity documents.

3

Access to the personal account opens only after registering a real account. To open it, you need to provide scanned copies of documents. Opening a demo account will not allow you to enter the personal account.

MultiBank Group Review - Personal account
MultiBank Group Review - Personal account

In the personal account of the broker, a trader has access to the following functions:

  • information about the trading account;

  • personal information;

  • uploading documents for verification;

  • banking information and documentation;

  • the ability to open a demo account;

  • change of leverage and access to the account;

  • deposit and withdrawal of funds;

  • transaction history;

  • broker contacts.

Tags:

multibank multi bank

The Oldest Reviews of the MultiBank

The reviews by customers of the MultiBank indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of MultiBank published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

The bummer happened where I did not expect. They blocked the account and said that I had broken some rules. In short, out of the blue, zeroed out.

They licked my feet several times. We just stopped and went in the opposite direction, although there were no such movements on other platforms. So make your own conclusions whether it is worth working with such a desk or not.

Terrible nadiralovo! MultiBank is just a lure for the lap ears. They blow in the ears, bred shorter to the fullest. My mower stuck to them. The site seems to be decent, but I would call them in my own way.

The broker cheats clients for money. This is not the first time I notice that money is gradually disappearing from the account. Where it is not clear, support is freezing. I can't understand how it is. In theory, they should work for the client. And in the end, money is being withdrawn somewhere, they can't really say anything.

I contacted the support service regarding the withdrawal of my money. So they made an enemy out of me, that I say so and so, there are so many opportunities on the market, and I want to get money out of greedy. In short, after that I decided to finally remove everything.

Author of this Review

MultiBank broker’s review prepared by

John Davis

Traders Union Author and Analyst

John Davis is a Financial and Economic Analyst working with the Traders Union since 2016. During this time, he has written more than 100 analytical articles on technical and fundamental analysis, reviews of financial companies and has developed more than 10 proprietary trading systems. John's motto is to help everyone go from a novice to a professional trader.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.

Latest Forex Articles that may help you

Top 5 US Forex Brokers in 2021
For Beginners
Top 5 US Forex Brokers in 2021
Jack Moore - January 2021
What is Forex Trading? Your Guide to Start Earning
For Beginners
What is Forex Trading? Your Guide to Start Earning
John Mayer - February 2021
Best European Forex Brokers in 2021
For Beginners
Best European Forex Brokers in 2021
John Mayer - January 2021
Benefits of Working with the Traders Union
For Beginners
Benefits of Working with the Traders Union
Alexey Vrask - February 2021
5 Tips for Forex Trading Success
For Beginners
5 Tips for Forex Trading Success
Samuel Adamson - January 2021
How to Invest in Forex? A Beginner's Guide
For Beginners
How to Invest in Forex? A Beginner's Guide
Grant Adlington - February 2021
How to Open a Forex Demo Account for Free?
For Beginners
How to Open a Forex Demo Account for Free?
Grant Adlington - January 2021
How Much Does the Average Day Trader Make?
For Beginners
How Much Does the Average Day Trader Make?
David Butler - February 2021
Step-by-Step Guide on How to Open a Forex Account
For Beginners
Step-by-Step Guide on How to Open a Forex Account
John Mayer - February 2021
How Much Can You Make Trading in Forex in 2021?
For Beginners
How Much Can You Make Trading in Forex in 2021?
Jack Moore - February 2021
Forex Risks Investors Should Consider
For Beginners
Forex Risks Investors Should Consider
Daniel White - February 2021
Forex License Types - Best Forex Regulators
For Beginners
Forex License Types - Best Forex Regulators
Jack Moore - February 2021
Why Trade Forex: The Pros and Cons of Forex Trading
For Beginners
Why Trade Forex: The Pros and Cons of Forex Trading
Grant Adlington - February 2021
Best Investment Brokers in 2021
For Beginners
Best Investment Brokers in 2021
Grant Adlington - February 2021
PAMM Account Brokers in Forex 2021
For Beginners
PAMM Account Brokers in Forex 2021
Flynn Simpson - February 2021

FAQs

Do reviews by traders influence the MultiBank rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about MultiBank you need to go to the broker's profile.

How to leave a review about MultiBank on the Traders Union website?

To leave a review about MultiBank, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about MultiBank on a non-Traders Union client?

Anyone can leave feedback about MultiBank on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

Why is it more profitable to work with MultiBank through Traders Union?

Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.