MultiBank Group
Published: Updated:
- Trust score
- 6/10
- Legal simplicity
- 7/10
- Min. deposit
- 50
- Payment systems
- Instruments
- Forex, Metals, Indices, Commodities, Energies, Stocks, Cryptocurrencies
- Legal entity
- MEX Group Worldwide Limited
- Jurisdiction
- United Arab Emirates
- Fees
- Standard accounts price the cost into a marked-up spread; Pro and ECN accounts quote raw spreads with a commission per lot. Overnight swaps apply, and swap-free accounts are available on request.
- Withdrawals
- Withdrawals return to the funding method and are usually processed within one business day. Card returns are capped at the deposited amount, with the surplus paid by bank transfer.
Features
- Seminars and training
- Daily market analysis
- Low $50 minimum deposit
- Copy trading
- Islamic accounts
- Deposit bonus
- MAM accounts
- Segregated accounts
- ECN accounts
- Affiliate program
- Wide selection of trading instruments
Pros
- Regulated across multiple international jurisdictions
- Low forex and CFD fees
- Access to the popular MT4 and MT5 trading platforms
Cons
- Trading conditions vary by jurisdiction
Founded in California in 2005 and now headquartered in Hong Kong, MultiBank Group operates in more than 90 countries and serves over 280,000 retail and institutional clients, with offices in financial hubs including Sydney, Los Angeles, Vienna, Frankfurt, Madrid, Cyprus, and the UAE. It is regulated by ASIC, BaFin, FMA, CNMV, and DFSA, with additional offshore registrations through the FSC (British Virgin Islands) and CIMA (Cayman Islands). The broker offers MT4 and MT5 trading plus ECN, MAM, and social trading accounts, with a minimum deposit of $50.
MultiBank Group offers copy trading, MAM and ECN accounts, seminars, daily analysis, a low $50 minimum deposit, and Islamic and segregated accounts across a wide range of instruments.
MultiBank Group is a multi-asset broker founded in California in 2005, now headquartered in Hong Kong. It operates in more than 90 countries, serves over 280,000 retail and institutional clients, and holds licenses from several major regulators, though trading conditions differ by jurisdiction.
Global footprint
MultiBank Group maintains offices in key financial hubs including Sydney, Los Angeles, Vienna, Frankfurt, Madrid, Cyprus, and the UAE.
Regulation
The group is regulated by ASIC (Australia), BaFin (Germany), FMA (Austria), CNMV (Spain), and DFSA (UAE), with additional offshore registrations through the FSC (British Virgin Islands) and CIMA (Cayman Islands).
Leverage by jurisdiction
- European traders: up to 1:30 on major currency pairs
- Australian clients: up to 1:500
- Dubai-based clients: up to 1:200
- Professional and international traders: up to 1:500
Account types
Retail traders can choose between ECN Pro, MultiBank Pro, and Maximus accounts. Institutional clients use the dedicated iMultiBank account.
Trading instruments
MultiBank offers forex, metals, and CFDs on stocks, indices, and commodities, with high liquidity across its accounts.
Trading platforms
The broker runs on MT4 and MT5, and also supports social trading and MAM accounts.
Minimum deposit
MultiBank's minimum deposit is $50, open to both beginner and experienced traders.
Verdict
MultiBank Group combines a broad international regulatory footprint with a wide range of account types and STP order execution. Trading conditions, including leverage, vary by jurisdiction, so check the terms that apply to your region before opening an account.
Trading conditions
MultiBank Group holds licences across several jurisdictions and routes clients to different entities accordingly, which is the single most important thing to establish before depositing: the leverage and the protections attached to your account come from the entity, not the brand.
Account types run from Standard, priced in the spread, through Pro and ECN, which quote raw spreads against a per-lot commission. The group markets very high leverage on its offshore entities and applies regulated caps on the Australian and European ones.
Hedging, scalping and automated strategies are permitted across account types.
Verification
Verification requires photo ID and proof of address, with an appropriateness assessment on the regulated entities. Review usually completes within one business day.
Confirm which company the client agreement names. An account under the ASIC or DFSA entity carries supervision and conduct obligations that the offshore alternative does not, and the difference is not visible from the trading interface.
