IG 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.

AttributeIGMultiBank Group
Licence Score93Very strong80Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record117
1 FCA United Kingdom Licensed · FRN 195355—
1 ASIC Australia LicensedLicensed
1 JFSA Japan Licensed—
1 CFTC / NFA United States Licensed—
1 MAS Singapore LicensedLicensed
1 BaFin Germany LicensedLicensed
1 FINMA Switzerland Licensed—
2 CySEC Cyprus —Licensed
2 FSCA South Africa Licensed · FSP 41393—
2 DFSA United Arab Emirates Licensed—
2 FMA (NZ) New Zealand LicensedLicensed
3 CIMA Cayman Islands —Licensed
3 BMA Bermuda Licensed—
4 VFSC Vanuatu —Licensed
Founded19742005
HeadquartersUnited KingdomUnited Arab Emirates
TypeSpread betting & CFD providerForex & CFD broker
Publicly listedLSE:IGGNo
PlatformsProprietary, MT4, ProRealTime, TradingViewMT4, MT5
Minimum depositNo minimumUS$50
VisitVisit siteVisit site

Frequently asked questions

Is IG or MultiBank Group better regulated?

IG has the higher Licence Score (93 vs 80), based on the number and tier of licences, operating history and public listing.

Which regulators license both IG and MultiBank Group?

Both are matched to licences from ASIC, BaFin, MAS and FMA (NZ).

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.