eToro 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.

AttributeeToroMultiBank Group
Licence Score74Strong80Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record47
1 FCA United Kingdom Licensed · FRN 583263—
1 ASIC Australia LicensedLicensed
1 MAS Singapore —Licensed
1 BaFin Germany —Licensed
2 CySEC Cyprus LicensedLicensed
2 FMA (NZ) New Zealand —Licensed
3 CIMA Cayman Islands —Licensed
4 FSA (Seychelles) Seychelles Licensed—
4 VFSC Vanuatu —Licensed
Founded20072005
HeadquartersIsraelUnited Arab Emirates
TypeMulti-asset brokerForex & CFD broker
Publicly listedNASDAQ:ETORNo
PlatformsProprietaryMT4, MT5
Minimum depositUS$50US$50
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Frequently asked questions

Is eToro or MultiBank Group better regulated?

MultiBank Group has the higher Licence Score (80 vs 74), based on the number and tier of licences, operating history and public listing.

Which regulators license both eToro and MultiBank Group?

Both are matched to licences from ASIC and CySEC.

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.