Compare MultiBank vs Trade Nation


Online brokers compared for fees, trading platforms, safety and more. See how MultiBank stacks up against Trade Nation!

MultiBank vs Trade Nation
overall rating
4.1
4.4
overall pros
  • Quick and easy account opening
  • Free and varied deposit and withdrawal options
  • Fast and helpful customer service
  • Free deposit and withdrawal
  • Excellent research and education tools
  • Good customer support
overall cons
  • High stock CFD and inactivity fees
  • Limited product coverage
  • Poor research and educational tools
  • Slim product portfolio
  • No live chat
  • Desktop platform lacks safer login
fees
3.4
  • Low forex fees
  • No withdrawal fee
  • High inactivity fee
  • High stock CFD fees
3.5
  • No inactivity fee
  • Low stock and index CFD fees
  • High forex fees
  • Average trading fees
account opening
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
  • High minimum deposit for ECN Pro and MultiBank Pro accounts
5.0
  • Fast
  • Fully digital
  • No minimum deposit
deposit and withdrawal
4.5
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
4.5
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Few minor account base currency available
web trading platform
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
4.5
  • User-friendly
  • Good search function
  • Guaranteed Stops
  • No two-step (safer) login
mobile trading platform
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
  • No order confirmation
4.3
  • User-friendly
  • Good search function
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
desktop trading platform
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
  • Search function could be improved
markets and products
1.6
  • Forex
  • CFD
  • Crypto
1.5
  • Forex
  • CFD
  • Spread betting
research
2.3
  • User-friendly
  • Useful daily newsletters
  • No trading ideas
  • No fundamental data available
  • No/poor quality news flow
4.3
  • Good interactive chart
  • Quality news flow
  • No fundamental data available
customer service
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
4.0
  • Phone support
  • Fast response time
  • Email
  • No live chat
  • No 24/7 support
education
1.5
  • Demo account
  • No trading platform tutorial videos
  • No educational videos
5.0
  • Trading platform tutorial
  • Educational videos
  • Webinars
  • Majority of clients belong to a top-tier financial authority
  • Negative balance protection
  • No investor protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Majority of clients belong to a top-tier financial authority
  • Negative balance protection
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Forex and CFD traders familiar with the MetaTrader trading platform Spread, forex and CFD traders looking for a great trading platform and quality customer service
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