BrokerRatingBest Openbank alternatives 2026
If Openbank is not right for you, these 8 brokers offer similar services. They are ranked by licence strength and by how closely their markets, platforms and accounts match Openbank.
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- Licences
- FCA, ASIC, DFSA, CFTC
- Min. deposit
- $0
- Islamic account
- No
- IG holds 10 licences from strong regulators, against 0 for Openbank.
- IG offers MetaTrader 4, MetaTrader 5, which Openbank does not.
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- Licences
- FCA, ASIC, SEC, FINRA
- Min. deposit
- $0
- Islamic account
- No
- Interactive Brokers holds 10 licences from strong regulators, against 0 for Openbank.
- Interactive Brokers offers Web Trader, Mobile App, which Openbank does not.
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- Licences
- FCA, CySEC, DFSA, SFC
- Min. deposit
- $1,000
- Islamic account
- No
- Swissquote holds 6 licences from strong regulators, against 0 for Openbank.
- Swissquote offers MetaTrader 4, MetaTrader 5, which Openbank does not.
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- Licences
- CySEC, ASIC, CBI, FSCA
- Min. deposit
- $100
- Islamic account
- Yes
- AvaTrade holds 4 licences from strong regulators, against 0 for Openbank.
- AvaTrade offers a swap-free Islamic account; Openbank does not.
- AvaTrade offers copy trading; Openbank does not.
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- Licences
- FCA, ASIC, CFTC, NFA
- Min. deposit
- $0
- Islamic account
- No
- Oanda holds 7 licences from strong regulators, against 0 for Openbank.
- Oanda offers copy trading; Openbank does not.
- Oanda offers MetaTrader 4, MetaTrader 5, which Openbank does not.
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- Licences
- CySEC, ASIC, FSA, MAS
- Min. deposit
- $50
- Islamic account
- Yes
- MultiBank Group holds 3 licences from strong regulators, against 0 for Openbank.
- MultiBank Group offers a swap-free Islamic account; Openbank does not.
- MultiBank Group offers copy trading; Openbank does not.
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- Licences
- FCA, CySEC, ASIC, DFSA
- Min. deposit
- $0
- Islamic account
- Yes
- Pepperstone holds 4 licences from strong regulators, against 0 for Openbank.
- Pepperstone offers a swap-free Islamic account; Openbank does not.
- Pepperstone offers copy trading; Openbank does not.
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- Licences
- FCA, CySEC, ASIC, DFSA
- Min. deposit
- $0
- Islamic account
- Yes
- Axi holds 4 licences from strong regulators, against 0 for Openbank.
- Axi offers a swap-free Islamic account; Openbank does not.
- Axi offers copy trading; Openbank does not.
