Al-Waseet Financial Business vs MultiBank Group 2026: which is better?
We compared Al-Waseet Financial Business and MultiBank Group on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- MultiBank Group holds 3 licences from strong regulators, against 0 for Al-Waseet Financial Business.
- MultiBank Group offers a swap-free Islamic account; Al-Waseet Financial Business does not.
- MultiBank Group offers copy trading; Al-Waseet Financial Business does not.
- MultiBank Group offers MetaTrader 4, MetaTrader 5, which Al-Waseet Financial Business does not.
Comparison table
| Comparison table | Al-Waseet Financial Business Broker |
MultiBank Group
Broker
|
|---|---|---|
| Licences | CMA (KW) | ASIC, MAS, BaFin, CySEC, CMA, FMA (AT), FSA, FSC (VG), VFSC, CIMA, FSC (MU) Best |
| Minimum deposit | — | $50 |
| Maximum leverage | — | 1:1000 |
| Trading platforms | Al Waseet etrade | MetaTrader 4, MetaTrader 5, Web Trader, Mobile App, MB Trader |
| Markets | Stocks | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices |
| Islamic account | — | ✓ Yes |
| Demo account | — | ✓ Yes |
| Copy trading | — | ✓ Yes |
| Founded | 1985 | 2005 |
| Headquarters | Kuwait | United Arab Emirates |
| Read the review | Read the review |
Data is for information only and may change; always check the official website before opening an account.
Add a third broker to the comparison
Choose MultiBank Group if you
- want more licences from strong regulators
- need a swap-free Islamic account
- want to copy other traders
- use MetaTrader 4, MetaTrader 5
Frequently asked questions
Which is better, Al-Waseet Financial Business or MultiBank Group?
We compared Al-Waseet Financial Business and MultiBank Group on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. MultiBank Group holds 3 licences from strong regulators, against 0 for Al-Waseet Financial Business. MultiBank Group offers a swap-free Islamic account; Al-Waseet Financial Business does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are Al-Waseet Financial Business and MultiBank Group regulated?
Al-Waseet Financial Business licences: CMA (KW). MultiBank Group licences: CySEC, ASIC, FSA, MAS, CMA, FSC (VG), VFSC, BaFin, CIMA, FSC (MU), FMA (AT).
What is the minimum deposit at Al-Waseet Financial Business and MultiBank Group?
Al-Waseet Financial Business: not available. MultiBank Group: $50.
Do Al-Waseet Financial Business and MultiBank Group offer an Islamic account?
Al-Waseet Financial Business: No. MultiBank Group: Yes.