Global Brokers NZ 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.

AttributeGlobal Brokers NZMultiBank Group
Licence Score—Not rated80Very strong
Strongest licence ? None on record 1 Tier 1
Licences on record07
1 ASIC Australia —Licensed
1 MAS Singapore —Licensed
1 BaFin Germany —Licensed
2 CySEC Cyprus —Licensed
2 FMA (NZ) New Zealand —Licensed
3 CIMA Cayman Islands —Licensed
4 VFSC Vanuatu —Licensed
Founded20112005
HeadquartersNew ZealandUnited Arab Emirates
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
Platforms—MT4, MT5
Minimum deposit—US$50
VisitVisit site

Frequently asked questions

Is Global Brokers NZ or MultiBank Group better regulated?

MultiBank Group has the higher Licence Score (80 vs 0), based on the number and tier of licences, operating history and public listing.

Which regulators license both Global Brokers NZ 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.