Dukascopy vs MultiBank Group: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeDukascopyMultiBank Group
Licence Score69Strong80Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record37
1 ASIC Australia —Licensed
1 JFSA Japan Licensed—
1 MAS Singapore —Licensed
1 BaFin Germany —Licensed
1 FINMA Switzerland Licensed—
2 CySEC Cyprus —Licensed
2 FMA (NZ) New Zealand —Licensed
2 Bank of Latvia Latvia Licensed—
3 CIMA Cayman Islands —Licensed
4 VFSC Vanuatu —Licensed
Founded20042005
HeadquartersSwitzerlandUnited Arab Emirates
TypeTrading bankForex & CFD broker
Publicly listedNoNo
PlatformsProprietary, MT4, MT5MT4, MT5
Minimum depositUS$100US$50
VisitVisit siteVisit site

Frequently asked questions

Is Dukascopy or MultiBank Group better regulated?

MultiBank Group has the higher Licence Score (80 vs 69), based on the number and tier of licences, operating history and public listing.

Which regulators license both Dukascopy and MultiBank Group?

They share no regulators in our database.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.