flatex vs MultiBank Group 2026: which is better?
We compared flatex 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 flatex.
- MultiBank Group offers a swap-free Islamic account; flatex does not.
- MultiBank Group offers copy trading; flatex does not.
- MultiBank Group offers MetaTrader 4, MetaTrader 5, which flatex does not.
Comparison table
| Comparison table |
flatex
Broker
|
MultiBank Group
Broker
|
|---|---|---|
| Licences | BaFin | ASIC, MAS, BaFin, CySEC, CMA, FMA (AT), FSA, FSC (VG), VFSC, CIMA, FSC (MU) Best |
| Minimum deposit | — | $50 |
| Maximum leverage | — | 1:1000 |
| Trading platforms | flatex next, flatex classic, flatex trader 2.0 | MetaTrader 4, MetaTrader 5, Web Trader, Mobile App, MB Trader |
| Markets | Stocks, Cryptocurrencies, Commodities and Gold, Exchange-Traded Funds (ETFs) | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices |
| Islamic account | — | ✓ Yes |
| Demo account | — | ✓ Yes |
| Copy trading | — | ✓ Yes |
| Founded | 2006 | 2005 |
| Headquarters | Frankfurt, Germany | 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, flatex or MultiBank Group?
We compared flatex 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 flatex. MultiBank Group offers a swap-free Islamic account; flatex does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are flatex and MultiBank Group regulated?
flatex licences: BaFin. MultiBank Group licences: CySEC, ASIC, FSA, MAS, CMA, FSC (VG), VFSC, BaFin, CIMA, FSC (MU), FMA (AT).
What is the minimum deposit at flatex and MultiBank Group?
flatex: not available. MultiBank Group: $50.
Do flatex and MultiBank Group offer an Islamic account?
flatex: No. MultiBank Group: Yes.