Multibank Group Review
Regulated by 18+
$35B Daily Turnover
Spreads from 0.0 pips
MT4 & MT5 + Social
📊 MultiBank Group at a Glance — Brand Profile & Stats
🏢 Who is MultiBank Group?
MultiBank Group
Global multi-asset FX & CFD broker since 2005
Founder
Naser Taher
Headquarters
🇭🇰 Hong Kong (MEX Group)
Founded
2005 (21 years operating)
Daily Turnover
$35 billion (April 2025)
Active Clients
2 million+
Global Offices
25+ worldwide
Why it matters: Two decades of operation, eight-figure daily volume, and 80+ industry awards make MultiBank one of the most established names in retail FX — not a new prop firm with no track record.
★ What Real Traders Say (Trustpilot)
★★★★★Trustpilot — 1,774 reviews
Trustpilot note: MultiBank Group’s composite Trustpilot rating is currently flagged as unavailable due to a guidelines review. Individual reviews continue to be published.
“Live support was able to guide me”
Julio A Barrios Lemole, May 2026 — praised responsive customer service.
“Luke was very helpful and cooperative”
Huzaifa Kalimuddin, May 2026 — login issue resolved by support.
Negative: IB account closure dispute
A verified IB user reported their account was closed under clause 18.5; MultiBank publicly replied requesting more info.
🛡️ Regulated by 18+ Authorities
MultiBank Group is regulated by 18+ financial authorities across major jurisdictions:
🇦🇺 ASIC Australia
🇩🇪 BaFin Germany
🇨🇾 CySEC Cyprus
🇸🇬 MAS Singapore
🇦🇪 VARA Dubai
🇰🇾 CIMA Cayman
🇳🇿 FMA New Zealand
🇲🇺 FSC Mauritius
Bonus protection: MEX Atlantic entity carries Lloyd’s of London insurance protecting client funds up to $1 million per account — rare for retail FX.
🖥️ Platform Stack (MT4, MT5 & Social)
Trade on the platforms you already know, plus copy-trading and a web terminal:
MetaTrader 4
EA support, custom indicators, deep mobile app
MetaTrader 5
Multi-asset, depth-of-market, hedging mode
Social Trading
Copy verified strategy providers in one click
Web Trader
Browser-based, no install required
All free: Platforms are free to use on any MultiBank account — no monthly license fee, no data-feed surcharge.
📈 20,000+ Instruments & 7 Asset Classes
MultiBank offers 20,000+ tradable instruments across 7 asset classes:
💱 Forex — 55+ pairs
🪙 Metals — Gold, Silver, Platinum
📊 Indices — Global cash & futures
🛢️ Energies — Crude, Brent, Gas
📈 Stocks/CFDs — US, EU, Asia
₿ Crypto — BTC, ETH, more
Why it matters: One funded account, every major asset class — no need to maintain separate brokers for crypto and equities.
⚠️ 3 Things to Check Before You Fund
Three things to confirm before depositing:
- Which entity holds your account? Regulation differs by entity (ASIC, BaFin, CySEC, etc.) — check the agreement during account opening to know which authority covers you.
- High leverage cuts both ways. Up to 1:500 is offered, but the risk warning is explicit: “you could sustain a loss in excess of your deposited funds.”
- Deposit bonus T&Cs. The 25% / up to $40,000 bonus is tradable & withdrawable but subject to terms — verify volume requirements before counting it as cash.
Important: Trading FX/CFDs on margin carries a high level of risk and may not be suitable for all investors.
Top MultiBank Group Alternatives
🥇 IC Markets ★★★★★
Raw spreads from 0.0 pips with $3.50/lot commission. ASIC, CySEC, FSA-Seychelles regulated. ECN execution with deep liquidity.
Best for: Scalpers and EAs needing the tightest possible spreads.
🥈 Pepperstone ★★★★½
Razor account spreads from 0.0 pips, $3.50/lot. Multi-regulated (FCA, ASIC, CySEC, BaFin, DFSA). MT4, MT5, cTrader and TradingView.
Best for: Traders wanting cTrader plus FCA-tier oversight.
🥉 XM Group ★★★★
$5 minimum deposit, leverage up to 1:1000 (offshore), no-requote execution. CySEC, ASIC, IFSC regulated. Strong educational content.
Best for: Beginners testing live trading on small balances.
⭐ FXTM ★★★★
Advantage Plus account from $500, spreads from 1.5 pips, no commission. FCA, CySEC, FSC-Mauritius regulated. Strong copy trading.
Best for: Emerging-market traders wanting local funding options.
💼 Account Types & Trading Conditions
💼 Standard Account — $50 min
Min deposit
$50
Spreads
From 1.5 pips
Commission
$0
Leverage
Up to 1:500
Best for: New traders. Instant execution, stable spreads, no commission.
💼 Pro Account — $1,000 min
Min deposit
$1,000
Spreads
From 0.8 pips
Commission
$0
Leverage
Up to 1:500
Best for: Intermediate traders. Tighter spreads, zero commission, instant execution.
💼 ECN Account — $10,000 min
Min deposit
$10,000
Spreads
From 0.0 pips
Commission
Yes (per-lot)
Leverage
Up to 1:500
Best for: Scalpers/EAs needing raw interbank pricing and direct market access.
🛡️ Regulation & Safety of Funds
🛡️ 18+ Tier-1 & Tier-2 Licenses
Each MultiBank entity is regulated separately. Key licenses include:
- ASIC (Australia) — tier-1 retail oversight
- BaFin (Germany) — EU tier-1 oversight
- MAS (Singapore), CySEC (Cyprus)
- VARA (Dubai) — virtual asset regulation
- CIMA, FMA, FSC, AUSTRAC and more
Verify your entity in the account-opening paperwork — that is the regulator covering you.
💵 $1M Lloyd’s of London Insurance
MEX Atlantic (one of MultiBank’s regulated entities) holds an insurance policy with Lloyd’s of London that protects client funds up to $1 million per account.
Why it matters: Most retail FX brokers cap compensation at ~£85,000 (FCA) or €20,000 (CySEC ICF). $1M per account is unusually high.
Coverage only applies to the MEX Atlantic entity; other entities have local compensation schemes per regulator.
🏦 Segregated Client Funds
Client funds are held in segregated accounts at top-tier banks — separate from the company’s operating capital. Standard tier-1 broker practice.
Liquidity is sourced from top-tier banks and prime brokers, supporting reported daily turnover of US$35 billion.
Combined: 18+ regulators + segregation + Lloyd’s insurance = one of the deeper safety stacks in retail FX.
💵 Spreads, Commissions & Trading Costs
💵 Spreads by Account
| Account | Spread | Commission |
|---|---|---|
| Standard | From 1.5 pips | $0 |
| Pro | From 0.8 pips | $0 |
| ECN | From 0.0 pips | Per-lot |
All-in cost (EUR/USD, ECN): raw spread + commission typically lands competitively against IC Markets and Pepperstone Razor.
💸 Deposits, Withdrawals & Funding
MultiBank lists multiple funding methods including bank wire, credit/debit card, and e-wallets. Available methods vary by entity and region.
Withdrawal speed: MultiBank advertises “Fast Withdrawals”. Actual processing time depends on method and entity — verify with support before depositing if speed matters.
No fixed published fee schedule on the homepage; check the live deposit page for current options.
🎁 Bonuses & Promotions
Active homepage promotion: 25% Deposit Bonus — up to $40,000 in tradable and withdrawable bonus credit.
Terms apply. MultiBank explicitly notes “*Terms & Conditions Apply” on the offer. Volume/holding requirements are common — read the bonus T&Cs before counting it as withdrawable cash.
Bonus availability varies by entity; not offered to all regions.
🚫 Restricted Countries
🚫 Where MultiBank Group Does Not Accept Clients
Available regions depend on which MultiBank entity you sign up with. Common restricted/excluded jurisdictions across MultiBank entities include:
🇺🇸 United States🇨🇦 Canada🇯🇵 Japan🇮🇱 Israel🇮🇷 Iran🇰🇵 North Korea🇸🇾 Syria🇨🇺 Cuba
Verify before signup: The exact restricted list varies by regulated entity. Check the entity-specific Terms & Conditions during onboarding.
🎥 Video Guides & Reviews
🎥 Watch Before You Sign Up
