Saxo Bank
MultiBank Group
VS
Higher Rated
Saxo Bank
Capital at risk · T&Cs apply
Choosing between Saxo Bank and MultiBank Group depends on your trading style, preferred markets, and budget. Saxo Bank is headquartered in Copenhagen, Denmark, while MultiBank Group operates from Dubai, UAE. Saxo Bank has the longer track record, established in 1992, compared to MultiBank Group which was founded in 2005. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Saxo Bank
MultiBank Group
| Saxo Bank | MultiBank Group | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.6/5 |
| Min. Deposit | $2000 ✓ | $50 |
| Spread from | 0.4 pips | 0 pips ✓ |
| Max Leverage | 1:200 | 1:500 ✓ |
| Regulation | FCA, MAS, ASIC | ASIC, FCA, CySEC |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5 |
Saxo Bank is the better choice overall, scoring 4.0/5 vs 3.6/5 on BrokerRank's independent rating. On fees, MultiBank Group offers lower spreads (0 pips).
See full side-by-side comparison belowSaxo Bank
WinnerMultiBank Group
Saxo Bank
MultiBank Group
Saxo Bank holds licences from FCA, MAS, ASIC. MultiBank Group is regulated by ASIC, FCA, CySEC.
Both brokers offer access to Stocks, Forex, Cfd, Indices, Commodities markets.
On spreads, MultiBank Group is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.4 pips at Saxo Bank.
Saxo Bank supports Proprietary Web, Proprietary Mobile. MultiBank Group offers MT4, MT5.
Saxo Bank requires a minimum deposit of $2,000, while MultiBank Group sets a minimum deposit of $50. Both are suitable for traders with moderate starting capital.
BrokerRank scores Saxo Bank at 4.00/5 and MultiBank Group at 3.60/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Saxo Bank leads overall with a clear advantage.
Saxo Bank
4.0/5
Choose Saxo Bank if you want…
MultiBank Group
3.6/5
Choose MultiBank Group if you want…
Saxo Bank scores higher overall on our independent rating system. Saxo Bank holds a 4.0/5 rating vs MultiBank Group's 3.6/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Saxo Bank offers spreads from 0.4 pips, while MultiBank Group starts at 0 pips. Check the fees section above for a full breakdown.
Saxo Bank requires a minimum deposit of $2000. MultiBank Group requires $50.
Saxo Bank is regulated by FCA, MAS, ASIC, while MultiBank Group holds licences from ASIC, FCA, CySEC.
Saxo Bank supports Proprietary Web, Proprietary Mobile. MultiBank Group supports MT4, MT5.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.