FOREX.com 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.

AttributeFOREX.comMultiBank Group
Licence Score86Very strong80Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record77
1 FCA United Kingdom Licensed—
1 ASIC Australia LicensedLicensed
1 JFSA Japan Licensed—
1 CFTC / NFA United States Licensed—
1 MAS Singapore LicensedLicensed
1 BaFin Germany —Licensed
1 CIRO Canada Licensed—
2 CySEC Cyprus LicensedLicensed
2 FMA (NZ) New Zealand —Licensed
3 CIMA Cayman Islands —Licensed
4 VFSC Vanuatu —Licensed
Founded20012005
HeadquartersUnited StatesUnited Arab Emirates
TypeForex & CFD brokerForex & CFD broker
Publicly listedNASDAQ:SNEXNo
PlatformsProprietary, MT4, MT5, TradingViewMT4, MT5
Minimum depositUS$100US$50
VisitVisit siteVisit site

Frequently asked questions

Is FOREX.com or MultiBank Group better regulated?

FOREX.com has the higher Licence Score (86 vs 80), based on the number and tier of licences, operating history and public listing.

Which regulators license both FOREX.com and MultiBank Group?

Both are matched to licences from ASIC, MAS 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.