MG
MultiBank Group
3.6 / 5Score: 2 / 4
Globally regulated multi-asset trading with leverage up to 1:500 across six asset classes.
- Min deposit
- $50
- Max leverage
- 1:500
- Spread from
- 0 pips
- Regulators
- ASIC, FCA, CySEC
Reviewed by Experts Updated 9/7/2026
MultiBank Group vs SoFi Invest: Which Broker Wins in 2026?
MultiBank Group and SoFi Invest sit on opposite ends of the trading spectrum — one a heavily regulated multi-asset forex powerhouse, the other a beginner-friendly US investing app. Our research gives MultiBank Group the edge overall, but the right choice depends heavily on what and how you want to trade.
SI
SoFi Invest
3.3 / 5Score: 2 / 4
Start investing with just $1 and zero per-trade commissions on stocks and crypto.
- Min deposit
- $1
- Max leverage
- 1:1
- Spread from
- 0 pips
- Regulators
- SEC
Overall Winner
MultiBank Group
Best for Beginners
SoFi Invest
Lowest Fees
MultiBank Group
Top Regulation
MultiBank Group
Side-by-side comparison
Core features compared head-to-head.
| Feature | MG MultiBank Group | SI SoFi Invest |
|---|---|---|
| Overview | ||
| Rating | 3.6 / 5 | 3.3 / 5 |
| Founded | 2005 | 2012 |
| Headquarters | Dubai, UAE | San Francisco, USA |
| Regulation | ASIC, FCA, CySEC | SEC |
| Fees & Limits | ||
| Min Deposit | $50 | $1 |
| Spreads From | 0 pips | 0 pips |
| Commission | $3/lot | None |
| Max Leverage | 1:500 | 1:1 |
| Platforms & Markets | ||
| Trading Platforms | MT4, MT5 | Proprietary Web, Proprietary Mobile |
| Markets Offered | Forex, Cfd, Stocks, Indices, Commodities, Crypto | Stocks, Crypto, Indices |
Trading & non-trading fees
Min Deposit
MultiBank Group
$50
SoFi Invest
$1
Spreads From
MultiBank Group
0 pips
SoFi Invest
0 pips
Commission
MultiBank Group
$3/lot
SoFi Invest
None
Deposit Fees
MultiBank Group
None
SoFi Invest
None
Withdrawal Fees
MultiBank Group
None
SoFi Invest
None
Pros & cons
MG
MultiBank Group
Pros
- Backed by three respected regulators (ASIC, FCA, CySEC) for stronger oversight
- High leverage of up to 1:500 for capital-efficient trading
- Wide market access spanning Forex, CFDs, Stocks, Indices, Commodities, and Crypto
- Industry-standard MT4 and MT5 platforms with algorithmic trading support
- Higher overall rating of 3.6/5 versus competitor's 3.3/5
- No fees on deposits or withdrawals
- Established track record since 2005
Cons
- Higher minimum deposit ($50) compared to SoFi Invest's $1
- Charges a per-lot commission on top of spreads
- High leverage increases risk for inexperienced traders
- Platform interface less beginner-friendly than proprietary apps
- Not ideal for casual, low-frequency stock investors
SI
SoFi Invest
Pros
- Extremely low $1 minimum deposit lowers entry barrier
- No per-trade commission on stock and crypto transactions
- Simple, beginner-friendly proprietary platforms
- No deposit or withdrawal fees
- Straightforward account setup ideal for new investors
- Established, recognizable US brand since 2012
Cons
- Limited to a single regulator (SEC) with no international licences
- No leverage offered (capped at 1:1)
- Narrower market range covering only Stocks, Crypto, and Indices
- No MT4/MT5 support for advanced or algorithmic trading
- Lower overall rating of 3.3/5 versus MultiBank Group's 3.6/5
Our expert verdict
Editor's verdict
Overall winner MultiBank Group
Lowest fees MultiBank Group
Best regulation MultiBank Group
Better for beginners SoFi Invest
MultiBank Group is the stronger all-round broker, earning a 3.6/5 on our proprietary rating system versus SoFi Invest's 3.3/5. It wins on regulatory strength (ASIC, FCA, CySEC vs SEC only), leverage (1:500 vs 1:1), and breadth of tradable markets. SoFi Invest remains a compelling option purely for cost-conscious beginners thanks to its $1 minimum deposit and zero-commission model, but MultiBank Group offers a far more complete package for serious forex and CFD traders.
Regulation & Safety
Regulation is where MultiBank Group truly separates itself from SoFi Invest. MultiBank Group is overseen by three respected regulators — ASIC, FCA, and CySEC — giving traders multiple layers of tier-1 and tier-2 protection across different jurisdictions.
SoFi Invest, by contrast, operates under a single regulatory umbrella, the SEC, which is appropriate for its US-focused stock and crypto investing model but doesn't offer the same multi-jurisdictional oversight that international forex and CFD traders typically look for.
For traders who prioritize regulatory diversification and broker accountability across multiple regions, MultiBank Group's licensing structure provides noticeably stronger peace of mind.
Fees, Spreads & Commissions
Both brokers advertise spreads starting from 0 pips, so on paper the headline pricing looks similar. However, MultiBank Group charges a flat $3 per lot commission on top of its raw spreads, which is standard practice for ECN-style forex and CFD accounts.
SoFi Invest charges no per-trade commission at all, which makes it attractively simple for stock and crypto investors who trade in smaller, less frequent volumes.
Neither broker charges deposit or withdrawal fees, which is a welcome point of parity. Overall, active forex traders may find MultiBank Group's commission structure more cost-effective at scale, while casual investors will appreciate SoFi Invest's zero-commission simplicity.
Minimum Deposit & Accessibility
SoFi Invest is the clear winner for accessibility, requiring just a $1 minimum deposit to open an account. This makes it an excellent entry point for beginners or younger investors testing the waters with minimal capital at risk.
MultiBank Group requires a $50 minimum deposit, which is still relatively low by industry standards but represents a meaningfully higher barrier to entry compared to SoFi Invest.
If your primary concern is starting small and scaling up gradually, SoFi Invest's near-zero deposit threshold is difficult to beat.
Leverage & Market Range
MultiBank Group offers leverage up to 1:500, giving forex and CFD traders substantial capital efficiency, though this also increases risk and requires disciplined risk management. SoFi Invest offers no meaningful leverage at 1:1, reflecting its identity as a straightforward long-only investing platform rather than a leveraged trading venue.
Market range tells a similar story. MultiBank Group supports Forex, CFDs, Stocks, Indices, Commodities, and Crypto — six distinct asset classes in total. SoFi Invest covers just three: Stocks, Crypto, and Indices.
Traders wanting to diversify across forex, commodities, and CFDs alongside equities will find MultiBank Group's offering considerably more comprehensive.
Trading Platforms
MultiBank Group supports the industry-standard MetaTrader 4 and MetaTrader 5 platforms, giving traders access to advanced charting, algorithmic trading via Expert Advisors, and a vast ecosystem of third-party tools and indicators.
SoFi Invest relies on its own proprietary web and mobile platforms. These are designed for simplicity and ease of use rather than advanced technical trading, which suits its beginner-focused audience well.
Experienced traders who rely on automated strategies or advanced order types will likely prefer MultiBank Group's MT4/MT5 environment, while newcomers may find SoFi Invest's clean proprietary interface less intimidating.
Our Verdict
When weighing regulation, leverage, market access, and platform sophistication, MultiBank Group earns the higher overall rating of 3.6/5 compared to SoFi Invest's 3.3/5. It's the stronger choice for serious forex, CFD, and multi-asset traders who value regulatory depth and platform flexibility.
SoFi Invest still earns its place as a top pick for absolute beginners and small-capital investors thanks to its $1 minimum deposit and zero-commission stock and crypto trading.
Ultimately, your decision should hinge on your trading goals: choose MultiBank Group for a robust, globally regulated multi-asset trading experience, or SoFi Invest if you want the simplest possible entry point into investing.
Verdict summary
The bottom line — category winners and our final pick based on ratings.
Editor's verdict
MultiBank Group wins overall
MultiBank Group edges out SoFi Invest overall based on our expert rating score.
MG
Highest Rated
MultiBank Group
3.6 / 5 / 5
Category winners
Overall winner
Based on overall expert rating (3.6/5).
MultiBank GroupBetter for beginners
Stronger onboarding and educational resources.
SoFi InvestLower trading costs
More competitive spreads and baseline commissions.
MultiBank GroupStronger regulation
Higher trust based on tier-1 regulatory oversight.
MultiBank Group
Frequently asked questions
Based on our independent rating system, MultiBank Group scores higher overall at 3.6/5 compared to SoFi Invest's 3.3/5. MultiBank Group's advantage comes from stronger regulation, higher leverage, and broader market access, though SoFi Invest remains attractive for beginners with small capital. Your ideal choice depends on whether you prioritize multi-asset trading flexibility or simple, low-cost stock investing.
Both brokers advertise spreads from 0 pips, but MultiBank Group applies a flat $3 per lot commission while SoFi Invest charges no commission at all. Active forex traders may still find MultiBank Group more cost-effective at scale due to tighter raw spreads, while casual stock investors benefit from SoFi Invest's zero-commission structure.
MultiBank Group requires a minimum deposit of $50, while SoFi Invest requires just $1 to get started. This makes SoFi Invest significantly more accessible for beginners or those wanting to test a platform with minimal financial commitment.
MultiBank Group holds licences from ASIC, FCA, and CySEC, offering oversight across multiple respected jurisdictions. SoFi Invest is regulated solely by the SEC in the United States. For traders seeking multi-jurisdictional regulatory protection, MultiBank Group offers a more robust safety net.
MultiBank Group supports the widely used MetaTrader 4 and MetaTrader 5 platforms, favored by experienced traders for advanced charting and automated strategies. SoFi Invest uses its own proprietary web and mobile apps, designed for simplicity and ease of use by beginner investors.
No, SoFi Invest's market access is limited to Stocks, Crypto, and Indices, with no dedicated forex or CFD trading available. Traders specifically wanting to trade currency pairs or CFDs with leverage should consider MultiBank Group, which supports Forex, CFDs, Stocks, Indices, Commodities, and Crypto.
MultiBank Group offers leverage of up to 1:500, giving active traders greater capital efficiency, though this comes with increased risk. SoFi Invest offers no meaningful leverage, capped at 1:1, reflecting its focus on straightforward long-term investing rather than leveraged trading.
Yes, there is nothing stopping you from opening accounts with both brokers simultaneously. Many traders use MultiBank Group for leveraged forex and CFD trading while keeping a SoFi Invest account for simple, commission-free stock and crypto investing.
SoFi Invest is generally better suited for complete beginners due to its $1 minimum deposit, zero-commission structure, and simple proprietary platforms that avoid the complexity of MT4/MT5. MultiBank Group, while offering more features, is better suited to traders with some existing experience in forex and CFD markets.
Neither MultiBank Group nor SoFi Invest charges fees for deposits or withdrawals, making both platforms transparent in this regard. This parity means your decision should be based on other factors like regulation, market access, leverage, and platform tools rather than transactional fees.
Risk warning: Trading CFDs and forex involves significant risk of loss and is not suitable for all investors. Please consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.