MultiBank Group vs Oanda 2026: which is better?
We compared MultiBank Group and Oanda on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- MultiBank Group offers a swap-free Islamic account; Oanda does not.
- Oanda holds 7 licences from strong regulators, against 3 for MultiBank Group.
- The minimum deposit at Oanda is $0, against $50 at MultiBank Group.
- Oanda offers TradingView, which MultiBank Group does not.
Comparison table
| Comparison table |
MultiBank Group
Broker
|
Oanda
Broker
|
|---|---|---|
| Licences | ASIC, MAS, BaFin, CySEC, CMA, FMA (AT), FSA, FSC (VG), VFSC, CIMA, FSC (MU) | FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG) Best |
| Minimum deposit | $50 | $0 Best |
| Maximum leverage | 1:1000 | 1:888 |
| Trading platforms | MetaTrader 4, MetaTrader 5, Web Trader, Mobile App, MB Trader | MetaTrader 4, MetaTrader 5, TradingView, Web Trader, Mobile App |
| Markets | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices |
| Islamic account | ✓ Yes | — |
| Demo account | ✓ Yes | ✓ Yes |
| Copy trading | ✓ Yes | ✓ Yes |
| Founded | 2005 | 1996 |
| Headquarters | 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
- need a swap-free Islamic account
Choose Oanda if you
- want more licences from strong regulators
- want to start with less money
- use TradingView
Frequently asked questions
Which is better, MultiBank Group or Oanda?
We compared MultiBank Group and Oanda on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. MultiBank Group offers a swap-free Islamic account; Oanda does not. Oanda holds 7 licences from strong regulators, against 3 for MultiBank Group. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are MultiBank Group and Oanda regulated?
MultiBank Group licences: CySEC, ASIC, FSA, MAS, CMA, FSC (VG), VFSC, BaFin, CIMA, FSC (MU), FMA (AT). Oanda licences: FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG).
What is the minimum deposit at MultiBank Group and Oanda?
MultiBank Group: $50. Oanda: $0.
Do MultiBank Group and Oanda offer an Islamic account?
MultiBank Group: Yes. Oanda: No.