MultiBank Group vs XTB: 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 GroupXTB
Licence Score80Very strong75Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record76
1 FCA United Kingdom —Licensed
1 ASIC Australia Licensed—
1 MAS Singapore Licensed—
1 BaFin Germany Licensed—
2 CySEC Cyprus LicensedLicensed
2 FSCA South Africa —Licensed
2 DFSA United Arab Emirates —Licensed
2 FMA (NZ) New Zealand Licensed—
2 KNF Poland —Licensed
3 CIMA Cayman Islands Licensed—
4 VFSC Vanuatu Licensed—
4 FSC (Belize) Belize —Licensed
Founded20052002
HeadquartersUnited Arab EmiratesPoland
TypeForex & CFD brokerMulti-asset broker
Publicly listedNoWSE:XTB
PlatformsMT4, MT5Proprietary
Minimum depositUS$50No minimum
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Frequently asked questions

Is MultiBank Group or XTB better regulated?

MultiBank Group has the higher Licence Score (80 vs 75), based on the number and tier of licences, operating history and public listing.

Which regulators license both MultiBank Group and XTB?

Both are matched to licences from CySEC.

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.