MultiBank Group
Wealthsimple
VS
Higher Rated
MultiBank Group
Capital at risk · T&Cs apply
Choosing between MultiBank Group and Wealthsimple depends on your trading style, preferred markets, and budget. MultiBank Group is headquartered in Dubai, UAE, while Wealthsimple operates from Toronto, Canada. MultiBank Group has the longer track record, established in 2005, compared to Wealthsimple which was founded in 2014. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
MultiBank Group
Wealthsimple
MultiBank Group is the better choice overall, scoring 3.6/5 vs 3.2/5 on BrokerRank's independent rating. On fees, MultiBank Group offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
MultiBank Group
3.6 vs 3.2
Lowest Fees
Tied
0 vs 0 pips
Regulation
MultiBank Group
3 vs 1 licences
Min. Deposit
Wealthsimple
$50 vs $0
MultiBank Group
Wealthsimple
MultiBank Group
Wealthsimple
Lower feesMultiBank Group holds licences from ASIC, FCA, CySEC. Wealthsimple is regulated by SEC.
Both brokers offer access to Stocks markets. MultiBank Group additionally covers Forex, Cfd, Indices, Commodities. Wealthsimple adds Crypto.
MultiBank Group supports MT4, MT5. Wealthsimple offers Proprietary Web, Proprietary Mobile.
MultiBank Group requires a minimum deposit of $50, while Wealthsimple sets no minimum deposit. This makes Wealthsimple accessible to traders with any budget.
BrokerRank scores MultiBank Group at 3.60/5 and Wealthsimple at 3.20/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. MultiBank Group leads overall with a clear advantage.
MultiBank Group scores higher overall on our independent rating system. MultiBank Group holds a 3.6/5 rating vs Wealthsimple's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
MultiBank Group offers spreads from 0 pips, while Wealthsimple starts at 0 pips. Check the fees section above for a full breakdown.
MultiBank Group requires a minimum deposit of $50. Wealthsimple requires $0.
MultiBank Group is regulated by ASIC, FCA, CySEC, while Wealthsimple holds licences from SEC.
MultiBank Group supports MT4, MT5. Wealthsimple supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.