Running ftools multiparts to singleparts from PyQGIS

Yes:

1) The proposed solution (Using processing algorithms from the console)

 import processing
 # find the algorithm
 processing.alglist("Multipart to singleparts")
 Multipart to singleparts----------------------------->qgis:multiparttosingleparts
 # help
 processing.alghelp("qgis:multiparttosingleparts")
 ALGORITHM: Multipart to singleparts  
    INPUT <ParameterVector>  
    OUTPUT <OutputVector>

So the command is

processing.runalg("qgis:multiparttosingleparts","shape1.shp","shape2.shp")

2) an easiest solution

Each time you execute a Processing algorithm,the complete runalg command with values are saved in the .../.qgis2/processing/processing.log file

Execute the algorithm with a test layer and look at the last line of this file:

ALGORITHM|Mon Apr 14 2014    
17:13:45|processing.runalg("qgis:multiparttosingleparts","/Users/shape1.shp","/Users/shape2.shp")

and you have the syntax of the command.