Independent broker research
027Vol. IVJuly 10, 2026
Independent broker research

Broker comparison

ActivTrades vs MultiBank Group

Activtrades and Multibank Group are broker brands with their own documentation, entity structures and pricing, and a useful comparison starts with those primary sources rather than with a ranking. This page provides a checklist that takes you through regulation, total trading costs, and platform and account verification in a fixed order. The goal is that by the end, every fact influencing your decision comes from a current broker document you have read yourself. The InvestorTrip Activtrades review, Multibank Group review and compare broker tool are built to support exactly this workflow.

ActivTrades vs MultiBank Group cover image

ActivTrades

Current broker data

Review
Rating
4.6 / 5
Minimum deposit
$0
Regulator labels
FCA, SCB, CMVM, Bacen +1
Markets listed
Forex, Shares, Indices, Cryptocurrencies, Commodities +1
Editorial status
No current notice

MultiBank Group

Current broker data

Review
Rating
4.4 / 5
Minimum deposit
$50
Regulator labels
ASIC, AUSTRAC, BAFIN, CIMA +10
Markets listed
Forex, CFDs on Metals, CFDs on Shares, CFDs on Indices, CFDs on Commodities +1
Editorial status
Editorial notice

Editorial notice

MultiBank Group and MEX Exchange both operate under ASIC license 416279, held by MEX Australia Pty Ltd (issued 20 March 2012; ACN 155 084 058; registered in Sydney NSW). These two brokers are corporate-linked under shared regulatory coverage rather than independent alternatives.

How to read this comparison

The facts below come from InvestorTrip's current broker database and linked review pages. They are a screening aid, not a claim that a broker is available, cheaper or safer for every country, account type or legal entity.

Step 1: Establish which entity and regulator apply to you

Broker brands frequently operate through multiple legal entities, and Activtrades and Multibank Group may onboard clients from different countries under different regulators. The entity named in your client agreement determines the rules, dispute routes and protections that apply to your account, so identify it before anything else. Read the legal documents shown to residents of your country, then verify the named entity's licence number directly on the relevant regulator's public register. Confirm the licence is active and covers the products being offered to you, and note whether negative balance protection or a compensation scheme applies to that entity.

Key checks: Read the client agreement for your country and note the exact legal entity you would contract with.; Verify the entity's licence on the regulator's public register, not just the broker's website.; Check which client protections apply to that entity and their monetary limits.; Keep dated records of your checks, since regulatory details can change..

Step 2: Compare full trading costs across both fee schedules

A fair cost comparison uses each broker's current official fee schedule and covers more than the advertised spread. Gather spread and commission data for the instruments you actually trade at both Activtrades and Multibank Group, then add overnight financing on leveraged positions, currency conversion costs where your funding currency differs from the account base currency, and any inactivity or withdrawal charges in the account terms. Because pricing can vary by account type and region, make sure both sides of your comparison reflect the account you would genuinely open. Estimate a full month of costs based on your own trading frequency and position sizes.

Key checks: Source all pricing from each broker's official schedules and account documents.; Account for financing, conversion and administrative fees on top of spreads or commissions.; Compare the same account type and region on both sides of the comparison.; Refresh your figures shortly before opening an account, as schedules change..

Step 3: Verify platforms, account mechanics and support quality

Do not assume any platform, instrument or feature is available until you have confirmed it on the account type you plan to open. Where demo accounts are offered, test order entry, charting and the specific markets you trade at both brokers. Read the account terms for minimum deposits, leverage limits in your jurisdiction, margin call and stop-out thresholds, and the documented steps and timelines for withdrawals. Contact support with a practical question and judge the clarity of the answer. The Activtrades review and Multibank Group review on InvestorTrip use matching review fields, and the compare broker tool helps you place your verified notes side by side.

Key checks: Confirm platform features and available instruments on a demo account first.; Read the full account terms, including margin rules and withdrawal procedures.; Test support channels before funding, not after a problem arises.; Record verified details in the compare broker tool for a structured comparison..

Verdict

This checklist does not name a winner between Activtrades and Multibank Group. Which broker suits you depends on the entity serving your country, your verified total costs and the account terms you accept. Work through each step, confirm your findings in current broker documents, and choose based on your own verified requirements.