MultiBank Group vs Saxo: 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 | Saxo |
|---|---|---|
| Licence Score | 80Very strong | 84Very strong |
| Strongest licence | 1 Tier 1 | 1 Tier 1 |
| Licences on record | 7 | 8 |
| 1 FCA United Kingdom | — | Licensed |
| 1 ASIC Australia | Licensed | Licensed |
| 1 JFSA Japan | — | Licensed |
| 1 MAS Singapore | Licensed | Licensed |
| 1 BaFin Germany | Licensed | — |
| 1 FINMA Switzerland | — | Licensed |
| 1 SFC Hong Kong | — | Licensed |
| 2 CySEC Cyprus | Licensed | — |
| 2 FMA (NZ) New Zealand | Licensed | — |
| 2 AFM Netherlands | — | Licensed |
| 2 Finanstilsynet (DK) Denmark | — | Licensed |
| 3 CIMA Cayman Islands | Licensed | — |
| 4 VFSC Vanuatu | Licensed | — |
| Founded | 2005 | 1992 |
| Headquarters | United Arab Emirates | Denmark |
| Type | Forex & CFD broker | Trading bank |
| Publicly listed | No | No |
| Platforms | MT4, MT5 | Proprietary |
| Minimum deposit | US$50 | No minimum |
| Visit | Visit site | Visit site |
Frequently asked questions
Is MultiBank Group or Saxo better regulated?
Saxo has the higher Licence Score (84 vs 80), based on the number and tier of licences, operating history and public listing.
Which regulators license both MultiBank Group and Saxo?
Both are matched to licences from ASIC and MAS.