Fidelity vs MultiBank Group - BrokerCue
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Broker Comparison

Fidelity vs MultiBank Group

Compare Fidelity and MultiBank Group side by side: fees, regulation, platforms.

Fidelity

Fidelity

Long-term investors and beginners

Fidelity is a US brokerage founded in 1946 offering stocks, ETFs, options, bonds, mutual funds, crypto, fractโ€ฆ

VS
MultiBank Group

MultiBank Group

Active forex and CFD traders

MultiBank Group is a Dubai-headquartered forex and CFD broker founded in 2005, offering over 20,000 instrumenโ€ฆ

Head-to-head comparison

Fidelity vs MultiBank Group
Feature Fidelity MultiBank Group
Minimum deposit - -
Stock trading fee $0 commission per online US stock trade -
Regulators SEC, FINRA, SIPC ASIC, BaFin, CySEC, MAS, FMA, SCA, CIMA, FSC, VFSC, AUSTRAC
Best for Long-term investors and beginners Active forex and CFD traders
Markets & account
Stocks
-
ETFs
-
Forex
-
CFDs
-
Crypto
Bonds
-
Options
-
Fractional Shares
-
Funds
-
Money Market Funds
-
Margin
Ready Made Portfolios
-
Investment Plans
-
Demo Account
-

Pros & cons

Fidelity

Fidelity

Pros

  • No commission on US stock and ETF trades
  • No account minimum, no account fee, no inactivity fee
  • No withdrawal fee
  • Fractional shares available from $1
  • Extensive research and educational resources
  • Fidelity Go robo-advisor free under $25,000
  • Fidelity does not accept payment for order flow
  • Excess-of-SIPC coverage totalling $1 billion in aggregate

Cons

  • No futures trading
  • No forex or CFD trading
  • Crypto limited to five coins with a 1% spread
  • No paper trading or demo account
  • Margin rates higher than some specialist discount brokers
  • A small subset of ETFs carry a $100 service fee per purchase
MultiBank Group

MultiBank Group

Pros

  • Regulated by 15+ authorities including ASIC, BaFin, CySEC and MAS
  • Over 20,000 tradable instruments including 14,000+ share CFDs
  • No deposit or withdrawal fees
  • ECN account offers raw spreads from 0.0 pips
  • Free demo account with virtual funds, no deposit required
  • MAM and PAMM account support for professional money managers
  • Excess loss insurance up to $1 million per account through Lloyd's of London
  • Free VPS hosting available for qualifying accounts

Cons

  • Inactivity fee of $60 per month after just 3 months of dormancy
  • ECN account requires a $10,000 minimum deposit
  • Standard account spreads of 1.5 pips on EURUSD are above the industry average
  • No physical stocks, ETFs or bonds - instruments are CFDs only
  • FCA (UK) has flagged MultiBank Group as an unauthorised firm for UK residents
  • Offshore entities such as VFSC and CIMA do not offer investor compensation schemes
  • Limited educational resources compared to major retail brokers
Fidelity

Fidelity

Fidelity is a US brokerage founded in 1946 offering stocks, ETFs, options, bonds, mutual funds, crypto, fractional shares and the Fidelity Go robo-advisor with no account minimums.

Your capital is at risk. Other fees apply.

MultiBank Group

MultiBank Group

MultiBank Group is a Dubai-headquartered forex and CFD broker founded in 2005, offering over 20,000 instruments across forex, share CFDs, indices, metals and crypto through MT4, MT5 and a proprietary platform.

Your capital is at risk. Other fees apply.

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