MultiBank Group Review 2026
MultiBank Group is a Dubai based CFD broker regulated in Australia and Cyprus, though the FCA, CNMV and DFSA have each issued authorisation warnings about parts of the group.
Min Deposit
$50
Spreads From
0.0 pips
Max Leverage
1:500
Platforms
5
Pros
- Holds genuine licences from ASIC in Australia and CySEC in Cyprus
- Also regulated by MAS in Singapore for leveraged forex dealing
- Supports real MetaTrader 4 and MetaTrader 5, not just a closed app
- A raw ECN account can reach spreads from 0.0 pips
- Trading history stretches back to 2005, well before many newer rivals
Cons
- The FCA says MultiBank Group is not authorised to serve UK clients
- Spain's CNMV issued a fresh unauthorised firm warning in October 2024
- Dubai's DFSA had to publicly correct false claims about its licence status
- Its only DFSA licence was given up in 2022, ending Dubai oversight
- Trustpilot reviewers often report frozen or slow withdrawal payouts
- Standard and Pro account spreads of 1.5 and 0.8 pips trail tighter rivals
- The ECN account needs $10,000, a high bar for the tightest spreads
- In March 2026, BaFin warned a fake site was misusing the MultiBank Group name
MultiBank Group began in California in 2005. It grew into a network of separate companies under a Hong Kong parent, MEX Group Worldwide Limited. The group now runs from Dubai and says it serves over two million clients in around 100 countries.
Trading runs on MetaTrader 4, MetaTrader 5 and its own app. A standard account opens with $50, though spreads start near 1.5 pips. A raw ECN account needs $10,000 for spreads from 0.0 pips. Leverage can reach 1:500 outside Europe, well above the 1:30 cap CySEC gives EU clients.
The regulatory record has real gaps. The FCA and Spain's CNMV both warned in 2024 that MultiBank entities were not authorised there. Dubai's DFSA once licensed a MultiBank unit, then corrected false claims about that licence before the unit gave it up in 2022. On Trustpilot, MultiBank Group scores 4.5 from over 1,700 reviews, yet 1 in 10 leave just 1 star, often about frozen withdrawals.
Min. Deposit
USD 50
Max Leverage
1:500 outside the EU, 1:30 for CySEC regulated retail clients
Spreads From
0.0 pips (ECN account)
Platforms
MultiBank Group is one of the world's largest financial derivatives brokers, headquartered in Dubai, UAE, and founded in 2005. The broker is regulated by ASIC in Australia, FCA in the UK, BaFin in Germany, and VFSC in Vanuatu, making it one of the most comprehensively regulated brokers serving the MENA region.
With reported daily trading volumes of $12.1 billion and over 320,000 clients across 100+ countries, MultiBank Group operates at a scale that puts it firmly among the elite tier of global retail brokers. The broker offers access to 20,000+ instruments spanning forex, metals, energies, indices, shares, and cryptocurrencies.
MultiBank supports MetaTrader 4, MetaTrader 5, and its proprietary MEX platforms (MEX MT4, MEX MT5, MEX Exchange). The broker's wide geographic presence is supported by 25 offices worldwide and multilingual customer support in Arabic, Chinese, English, and multiple European languages.
Standard
ECN Plus
55+ currency pairs available for trading
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
Regulators
Platforms
- ASIC (Australia)
- FCA (UK)
- BaFin (Germany)
- VFSC (Vanuatu)
