MultiBank Group vs Qtrade Direct Investing - BrokerCue
BrokerCue

Select your country to see eligible brokers

Account eligibility and broker availability depend on your country of residence. Setting this now allows us to hide brokers that do not accept clients from your country.

Broker Comparison

MultiBank Group vs Qtrade Direct Investing

Compare MultiBank Group and Qtrade Direct Investing side by side: fees, regulation, platforms.

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 instrumen…

VS
Qtrade Direct Investing

Qtrade Direct Investing

Canadian self-directed investors seeking research tools

Qtrade Direct Investing is a Canadian online brokerage offering zero-commission trading on stocks, ETFs and m…

Head-to-head comparison

MultiBank Group vs Qtrade Direct Investing
Feature MultiBank Group Qtrade Direct Investing
Minimum deposit - -
Stock trading fee - $0 per trade (Canadian and U.S. exchanges)
Regulators ASIC, BaFin, CySEC, MAS, FMA, SCA, CIMA, FSC, VFSC, AUSTRAC CIRO, CIPF
Best for Active forex and CFD traders Canadian self-directed investors seeking research tools
Markets & account
Stocks
-
ETFs
-
Forex
-
CFDs
-
Crypto
-
Bonds
-
Options
-
Margin
Demo Account
Funds
-
Ready Made Portfolios
-
Business Account
-

Pros & cons

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
Qtrade Direct Investing

Qtrade Direct Investing

Pros

  • Zero-commission trading on stocks, ETFs and mutual funds since October 2025
  • No quarterly account or inactivity fees
  • Strong research tools including Morningstar analyst reports and screeners
  • Portfolio analytics with risk exposure and ESG scoring
  • Qtrade Guided Portfolios robo-advisor available for hands-off investors
  • Wide range of registered account types (TFSA, RRSP, FHSA, RESP, RRIF, LIRA, LIF)
  • Pre-market and after-hours trading available for U.S. markets
  • 30-day free trial account for platform exploration

Cons

  • No support for forex, CFDs, crypto, futures or precious metals
  • No fractional share trading
  • Currency conversion markup of approximately 0.9% applies to U.S. trades
  • Stock alerts not available on the mobile app
  • Options fee of $0.75 per contract is not the cheapest in Canada
  • Transfer-out fee of $150 per account
  • Limited to Canadian and U.S. exchanges only
  • 30-day trial account is view-only and does not support simulated trading
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.

Visit MultiBank Group Read review

Your capital is at risk. Other fees apply.

Qtrade Direct Investing

Qtrade Direct Investing

Qtrade Direct Investing is a Canadian online brokerage offering zero-commission trading on stocks, ETFs and mutual funds, with strong research tools and a robo-advisor option.

Visit Qtrade Direct Investing Read review

Your capital is at risk. Other fees apply.

Not the right match?

Line up any two brokers side by side, or browse the full list to find your next platform.

Compare another broker Browse all brokers