MultiBank Group vs OANDA: 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.

AttributeMultiBank GroupOANDA
Licence Score80Very strong82Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record78
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 Licensed—
2 FMA (NZ) New Zealand Licensed—
2 MFSA Malta —Licensed
3 CIMA Cayman Islands Licensed—
4 VFSC Vanuatu Licensed—
4 BVI FSC British Virgin Islands —Licensed
Founded20051996
HeadquartersUnited Arab EmiratesUnited States
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5Proprietary, MT4, MT5, TradingView
Minimum depositUS$50No minimum
VisitVisit siteVisit site

Frequently asked questions

Is MultiBank Group or OANDA better regulated?

OANDA has the higher Licence Score (82 vs 80), based on the number and tier of licences, operating history and public listing.

Which regulators license both MultiBank Group and OANDA?

Both are matched to licences from ASIC and MAS.

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.