Baraka vs MultiBank Group 2026: which is better?
We compared Baraka 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 1 for Baraka.
- MultiBank Group offers copy trading; Baraka does not.
- MultiBank Group offers MetaTrader 4, MetaTrader 5, which Baraka does not.
Comparison table
| Comparison table | Baraka Broker |
MultiBank Group
Broker
|
|---|---|---|
| Licences | DFSA | ASIC, MAS, BaFin, CySEC, CMA, FMA (AT), FSA, FSC (VG), VFSC, CIMA, FSC (MU) Best |
| Minimum deposit | — | $50 |
| Maximum leverage | — | 1:1000 |
| Trading platforms | baraka app | MetaTrader 4, MetaTrader 5, Web Trader, Mobile App, MB Trader |
| Markets | Stocks, Commodities & gold, ETFs | Forex, Stocks, Crypto, Commodities & gold, Indices |
| Islamic account | ✓ Yes | ✓ Yes |
| Demo account | — | ✓ Yes |
| Copy trading | — | ✓ Yes |
| Founded | — | 2005 |
| Headquarters | Dubai, United Arab Emirates | 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
- want to copy other traders
- use MetaTrader 4, MetaTrader 5
Frequently asked questions
Which is better, Baraka or MultiBank Group?
We compared Baraka 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 1 for Baraka. MultiBank Group offers copy trading; Baraka does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are Baraka and MultiBank Group regulated?
Baraka licences: DFSA. MultiBank Group licences: CySEC, ASIC, FSA, MAS, CMA, FSC (VG), VFSC, BaFin, CIMA, FSC (MU), FMA (AT).
What is the minimum deposit at Baraka and MultiBank Group?
Baraka: not available. MultiBank Group: $50.
Do Baraka and MultiBank Group offer an Islamic account?
Baraka: Yes. MultiBank Group: Yes.