Overview
- Founded
- 2005
Strengths and watchouts
- Good variety of regulatory licenses across all Trust Score tiers
- Pricing within MultiBank’s ECN account is competitive, despite the high minimum deposit requirement ($10,000)
- Offers a proprietary social copy trading platform
- Operates a regulated crypto exchange in Australia, MEX Digital, which offers underlying physical crypto assets for popular cryptocurrencies like Bitcoin
- MEX Atlantic offers indemnity insurance of up to $1,000,000 per customer with Lloyd’s of London and holds a “B” rating with the S&P
- News headlines from Dow Jones Newswire (in MetaTrader)
- MultiBank's recently launched MultiBank-Plus platform, available for web and mobile, features charts powered by TradingView
- MultiBank’s research options are limited
- Educational materials are minimal – only short-form videos and ebooks are available
- Spreads on the Standard account are higher than the industry average
- MultiBank advertises 14,145 tradeable markets, but only 1042 are available by default in MT5. Access to additional markets must be requested via email
- Regulatory status in the EU is via money management licenses (not full brokerage licenses), and in the UK is limited to appointed representative status
- cTrader was recently discontinued at MultiBank
Safety and regulation
The company MultiBank Group had all the required top-tier permissions that have come under the supervision of ASIC (Australia), BaFin (Germany), and FCA (UK). This makes them compliant with the international standards defined in financial matters. They have saved accounts of the client with some of the best designates in banking, and the customers are given $1 million in terms of insurance protection related to the fund for receiving this investment.
- ASIC
- AUSTRAC
- BAFIN
- CIMA
- ESCA
- CySEC
- FSC
- FMA
- MAS
- TFG
- VARA
- FSCM
- FSAS
- VFSC
Between 70% and 85% of retail investor accounts lose money when trading CFDs with most regulated providers — the exact figure for any specific broker is published on that broker's own website. Consider whether you understand how these instruments work and whether you can afford the high risk of losing your money.
Markets available
- Forex
- CFDs on Metals
- CFDs on Shares
- CFDs on Indices
- CFDs on Commodities
- CFDs on Cryptocurrencies
Account types
| Account | Min deposit | Commission | Leverage |
|---|---|---|---|
| Standard | Not verified | 1.5 | 1:1 to 500:1 |
| Pro | Not verified | 0.8 | 1:1 to 500:1 |
| ECN | Not verified | 0 | 1:1 to 500:1 |
Fees and costs
This broker provides the best brokerage rates, according to which trading starts at 0.0 pips in Raw Spread accounts; also, no commissions for the Standard accounts. Transparency will be observed while employed and Islamic accounts will diminish transaction costs. An inactivity fee applies to accounts that have remained unused over time.
How we reviewed this broker
Each broker review documents the broker's claimed regulators, cross-references them against the public registers (FCA, CySEC, ASIC, FSCA, BCC and others), and notes any divergence. Where a regulator has issued a public advisory, the URL is cited inline so a reader can verify it directly. Tradable instruments, account types, and fees are sourced from the broker's published disclosures or documented as unavailable. The full scoring methodology is public.
Read the full methodology →Focused research pages
- RegulationMultiBank Group regulation and safety checks
- Account openingMultiBank Group minimum deposit and account-opening checks
- Minimum depositMultiBank Group minimum deposit and funding threshold checks
- Company backgroundMultiBank Group company background and entity checks
- RatingMultiBank Group rating context and methodology checks
- SafetyMultiBank Group safety, funds protection and entity checks
- Pros and consMultiBank Group pros, cons and trade-off checks
- FeesMultiBank Group fees, minimum deposit and cost checks
- MarketsMultiBank Group markets and product availability checks
- Public reputationMultiBank Group public reviews and reputation checks
Frequently asked questions
Is the broker regulated?
Yes, the MultiBank group is regulated by ASIC, BaFin, and FCA.
Which trading platforms are available?
MetaTrader 4, MetaTrader 5, and cTrader platforms as well as mobile apps.
How much should be deposited to open an account?
The deposit starts at Standard accounts from $50 and depends on the type of account.
Which types of accounts does the broker offer?
Standard, Raw Spread, cTrader, and Islamic accounts are provided by MultiBank Group.
What fees and commissions will I incur?
Spreads, commissions for certain accounts, swap rates, and inactivity fees for dormant accounts.
What is the maximum leverage available?
As determined by account type and regulatory jurisdiction, maximum leverage can be as high as 1:500.
Is there any demo trading account?
Yes, MultiBank Group provides a demo trading account for practice and strategy testing.
How can I contact customer support?
Customer service operates 24/7 for live chat, email, or phone calls. An international team supports customers.
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Reader reviews
Faysal Bana Hadi
Feb 9, 2025
Michael is a fantastic support representative who truly prioritizes customer needs. I appreciate your assistance, Mr. Michael!
Eugene joy Soriano
Feb 8, 2025
I really appreciate Customer Service Agent James for quickly addressing my query regarding the deposit bonus. It was added to my account swiftly. Excellent service!
customer
Feb 5, 2025
I've had a fantastic experience with this platform over the past five years, encountering no problems with withdrawals or any other complications. Waqas stands out as a true professional, frequently exceeding expectations by providing exceptional support, even after regular business hours, to ensure customer satisfaction at every opportunity.
Showing 1–3 of 10 reviews