MultiBank Group Review

ASICBaFinFMA

Overall rating

4.6/5

Minimum deposit

$50

EUR/USD spread

Varies

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Use this review to validate safety, fees, platform fit, and where this broker falls short.

BrokerAnalysis Research Desk

Written by

BrokerAnalysis Research Desk
BrokerAnalysis Editorial Team

Fact Checked by

BrokerAnalysis Editorial Team

Updated

Jul 21, 2026
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Last reviewed:
By:BrokerAnalysis Research Desk
Fact-checked by:BrokerAnalysis Editorial Team
Last verified: Jul 2026

Is MultiBank Group a good broker?

MultiBank Group is a ASIC, BaFin, FMA, FSC (BVI), CIMA, SCA, MAS, TFG-regulated broker rated 4.6/5. Published EUR/USD pricing is listed at Varies with a minimum deposit of $50. MultiBank Group is a large multi-entity broker with over $322M in claimed paid-up capital and institutional-grade ECN execution.

Sources & References

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Should you choose MultiBank Group?

Use this short answer before you dive into the full review.

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Best for

Fully Transparent ECN

Not ideal for

Website can be cluttered

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92

Trust Score: 92/100

Based on regulatory status, company history, and financial transparency

MultiBank Group Score Breakdown

9.1/ 10
Safety9.2Fees9.4Platform9.3Account9.0Support8.8
Safety
9.2
Fees
9.4
Platform
9.3
Account
9.0
Support
8.8
  • $322M+ Paid Capital (claimed)
  • SCA + VARA Licensed (UAE)
  • Pure ECN Execution
  • Multi-Entity Structure

Founded

2005

Headquarters

Dubai, UAE / USA

Why choose MultiBank Group

MultiBank Group is a large multi-entity broker with over $322M in claimed paid-up capital and institutional-grade ECN execution. It holds a real UAE Securities and Commodities Authority licence (SCA 20200000031) and a VARA virtual-asset licence (VL/24/06/001) for its Dubai/UAE operations, plus additional entity-specific licences elsewhere. We deliberately don't repeat MultiBank's own marketing claim of '18+ regulators' — some versions of that count include registries like AUSTRAC (an anti-money-laundering registry, not a trading regulator) and a Chinese municipal business registration, which inflates the real regulatory picture. Confirm which specific entity and licence covers your country before depositing.

Pros

  • Massively capitalized ($322M+)
  • Heavily regulated
  • Tight ECN spreads

Cons

  • Website can be cluttered
  • Inactivity fee is high ($60)
MultiBank Group logo

MultiBank Group

Fast decision summary

Min Deposit:

$50

Regulated:

Yes

Inactivity Fee:

USD 60/month after 3 consecutive months of inactivity.

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ECN account is the highlight. Standard accounts have higher spreads. ECN commission is $3/lot.

InstrumentStandardRaw/Pro
EUR/USD1.5 pips0.0 pips ($3 comm)
GBP/USD1.8 pips0.2 pips
USD/JPY1.6 pips0.1 pips
Gold0.250.08

Inactivity

$60/mo after 3mo

Withdrawal

Free

Non-trading fees

Inactivity fee

USD 60/month after 3 consecutive months of inactivity.

Fees and conditions last verified: July 2026.

Fees may vary depending on account type and jurisdiction. We aim to keep this data updated regularly.

Regulated by ASIC, BaFin, FMA, MAS, and many others. One of the most regulated brokers globally.

Regulatory Status

RegulatorCountryTier
ASICAustralia1
BaFinGermany1
FMAAustria1
MASSingapore1

Safety Features

Segregated AccountsYes
Negative Balance ProtectionYes
Investor ProtectionExcess Loss Insurance.

Is regulated?

Yes, heavily regulated.

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Global methods. Efficient.

Deposit Options

MethodProcessing TimeFeeMin. Deposit
CardInstantFree$50
Wire1-3 DaysFree$50
CryptoInstantFree$50

Withdrawal Options

MethodProcessing TimeFeeMin. Withdrawal
All24 HoursFree$50

Base Currencies

USD, EUR, GBP, AUD, JPY, CHF

Standard, ECN, and Pro.

Account Types

Account TypeMin. DepositKey Features
Standard$50
  • Spreads from 1.5
  • No Comm
Pro$1000
  • Spreads from 0.8
  • No Comm
ECN$5000
  • Spreads from 0.0
  • $3 Comm

Verification Steps

  • Time to open: Same Day
  • Demo Account: Yes
  • Islamic Account: Yes
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MultiBank Plus app has won awards. Reviewers like the UX.

App Features

  • TradingView Charts (App)
  • Social Trading

MT4 and MT5.

Supported Platforms

  • MetaTrader 4/5: Core platforms.

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MultiBank Group claims to offer over 20,000 instruments. This includes a massive selection of 15,000+ stocks, along with comprehensive forex, indices, and commodities coverage. The crypto offering is also solid.

Available Instruments

Forex Pairs55
Indices25
Stocks15000
Commodities20
Cryptos30

Leverage Limits

InstrumentMax Leverage
Forex500:1 (Intl), 30:1 (Aus/EU)
Indices100:1
Stocks20:1
Crypto5:1
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Frequently Asked Questions

MultiBank operates through multiple regulated entities, including a UAE SCA licence (20200000031), a VARA virtual-asset licence (VL/24/06/001), and additional entity-specific licences such as ASIC (Australia) and BaFin (Germany) depending on which MultiBank entity onboards you. It also claims over $322 million in paid-up capital. Confirm the specific entity and licence that covers your country before depositing — don't rely on an aggregate 'X regulators' count, since some versions of that figure include non-trading registries.
The Standard account starts at $50. The Pro account requires $1,000, and the ECN account requires $5,000.
The ECN account charges a commission of $3 per lot per side ($6 round turn), which is very competitive for true ECN execution.
No, MultiBank Group does not accept clients from the United States.
Yes, MultiBank supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms.
Social Trading at MultiBank allows you to copy the trades of successful investors automatically. You can select traders to copy based on their performance history.
MultiBank generally offers free withdrawals, although bank wire fees may apply depending on the intermediary banks.
Yes, MultiBank offers swap-free Islamic accounts for all its account types.
MultiBank boasts pure ECN execution with deep liquidity, resulting in very fast execution speeds and minimal slippage.
Yes, you can open a free demo account to practice trading with virtual funds on their platforms.

Review Team

Why Traders Shortlist MultiBank Group

Key points from our latest editorial review and testing process.

  • $322M+ Paid Capital (claimed)
  • SCA + VARA Licensed (UAE)
  • Pure ECN Execution
  • Multi-Entity Structure
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Why this review is trustworthy

  • Freshness dates and fact-checking are shown on the page.
  • Broker scoring follows our public methodology and disclosure standards.
  • Country-specific differences still matter, so compare the exact entity before you deposit.
Review Methodology

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Our Verdict

MultiBank Group is recommended for Fully Transparent ECN

Where MultiBank Group fits best
Best for

Fully Transparent ECN

Not ideal for

Website can be cluttered

Use this final check alongside the fee, safety, platform, and funding sections above. If MultiBank Group still fits your country, account size, and risk tolerance, open the account through the tracked broker route below.

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Risk Warning: Forex/CFD trading involves significant risk. 68-80% of retail accounts lose money.|Affiliate Disclosure: We may earn commissions from listed partners.|Not Advice: For educational purposes only.

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