MultiBank Group vs Olymp Trade: 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.
| Attribute | MultiBank Group | Olymp Trade |
|---|---|---|
| Licence Score | 80Very strong | 19Very weak |
| Strongest licence | 1 Tier 1 | 4 Tier 4 |
| Licences on record | 7 | 2 |
| 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 | Licensed |
| 4 FinaCom International (Hong Kong-registered) | — | Licensed |
| Founded | 2005 | 2014 |
| Headquarters | United Arab Emirates | St. Vincent & the Grenadines |
| Type | Forex & CFD broker | Forex & CFD broker |
| Publicly listed | No | No |
| Platforms | MT4, MT5 | Proprietary |
| Minimum deposit | US$50 | — |
| Visit | Visit site | Visit site |
Frequently asked questions
Is MultiBank Group or Olymp Trade better regulated?
MultiBank Group has the higher Licence Score (80 vs 19), based on the number and tier of licences, operating history and public listing.
Which regulators license both MultiBank Group and Olymp Trade?
Both are matched to licences from VFSC.