MultiBank Group vs TMGM: 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 GroupTMGM
Licence Score80Very strong58Moderate
Strongest licence 1 Tier 1 1 Tier 1
Licences on record73
1 ASIC Australia LicensedLicensed
1 MAS Singapore Licensed—
1 BaFin Germany Licensed—
2 CySEC Cyprus Licensed—
2 FMA (NZ) New Zealand Licensed—
3 FSC (MU) Mauritius —Licensed
3 CIMA Cayman Islands Licensed—
4 VFSC Vanuatu LicensedLicensed
Founded20052013
HeadquartersUnited Arab EmiratesAustralia
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5MT4, MT5
Minimum depositUS$50US$100
VisitVisit siteVisit site

Frequently asked questions

Is MultiBank Group or TMGM better regulated?

MultiBank Group has the higher Licence Score (80 vs 58), based on the number and tier of licences, operating history and public listing.

Which regulators license both MultiBank Group and TMGM?

Both are matched to licences from ASIC and VFSC.

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.