FXCC 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.

AttributeFXCCMultiBank Group
Licence Score46Moderate80Very strong
Strongest licence 2 Tier 2 1 Tier 1
Licences on record17
1 ASIC Australia —Licensed
1 MAS Singapore —Licensed
1 BaFin Germany —Licensed
2 CySEC Cyprus LicensedLicensed
2 FMA (NZ) New Zealand —Licensed
3 CIMA Cayman Islands —Licensed
4 VFSC Vanuatu —Licensed
Founded20102005
HeadquartersCyprusUnited Arab Emirates
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4MT4, MT5
Minimum deposit—US$50
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Frequently asked questions

Is FXCC or MultiBank Group better regulated?

MultiBank Group has the higher Licence Score (80 vs 46), based on the number and tier of licences, operating history and public listing.

Which regulators license both FXCC and MultiBank Group?

Both are matched to licences from 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.