MultiBank Review 2026
Established in 2005
•
Australia
• ASIC Regulated
MultiBank is a well-established broker with a solid 4.1/5 rating. Regulated by ASIC (highest protection tier), this broker offers spreads from 0.1 pips on EUR/USD with a minimum deposit of $50. Trade 1000+ instruments including forex, CFDs, and more.
📊 MultiBank Overview
MultiBank is a well-established broker founded in 2005 headquartered in Australia. The broker operates under the supervision of ASIC , one of the world's most respected financial regulators known for strict oversight and investor protection .
With access to 1000+ tradable instruments including 55 forex pairs , MultiBank caters to diverse trading strategies. The broker uses ECN execution .
| Legal Name | MultiBank |
|---|---|
| Founded | 2005 |
| Headquarters |
Australia
|
| Primary Regulation | ASIC (Tier 1 - Highest Protection) |
| Instruments | 1000+ assets |
| Min Deposit | $50 |
| Max Leverage | 1:500 |
📖 MultiBank — In-Depth Introduction
With over 21 years of industry experience, MultiBank has established itself as a leading force in the forex and CFD trading space. Operating under the stringent oversight of ASIC, MultiBank adheres to the highest regulatory standards in the industry. This tier-1 regulation means clients benefit from robust investor protection, including segregated accounts, negative balance protection, and access to compensation schemes. Targeting active traders and scalpers, MultiBank offers some of the tightest spreads in the market at 0.1 pips on EUR/USD.
Company Background
MultiBank has been operating in the financial services industry for 21 years. Headquartered in Australia, the company has weathered multiple market cycles including the 2008 financial crisis and the 2020 pandemic volatility, demonstrating operational resilience.
The broker provides access to 1000+ tradable instruments.
💸 MultiBank Fees — Complete Cost Analysis
MultiBank's fee structure is designed for high-volume traders who understand that every pip counts. The 0.1 pip average spread on EUR/USD translates to real savings over hundreds of trades. MultiBank's ECN accounts feature $6.0 commission per lot, combined with raw spreads. Total trading costs often work out lower than spread-only accounts for high-volume traders. For context, a day trader executing 5 round-turn trades daily at 1 lot each would pay roughly $5 in spread costs per day with MultiBank. Over a month (22 trading days), that's $110.
Trading Costs Breakdown
💡 Cost Calculator: MultiBank
Non-Trading Fees
| Fee Type | MultiBank | Industry Average |
|---|---|---|
| Deposit Fee | Free | Free - $25 |
| Withdrawal Fee | Varies by method | $0 - $50 |
| Inactivity Fee | None | $10-50/month |
Want to compare fees with other brokers?
⚖️ Compare🛡️ Is MultiBank Safe? — Complete Security Analysis
With a Trust Score of 80/100, MultiBank demonstrates adequate safety standards for most retail traders. The broker maintains reasonable protections while balancing accessibility. MultiBank implements institutional-grade fund security: segregated accounts, regular third-party audits, and in some jurisdictions, investor compensation scheme coverage up to €20,000.
Regulatory Framework
MultiBank is regulated by ASIC.
Security Features Checklist
Understanding the Trust Score
Our 80/100 Trust Score is calculated using 15+ safety factors including regulation, company history, financial transparency, and client fund protection.
📋 Methodology👤 Who Should Use MultiBank?
✅ Best For
- Beginners will appreciate MultiBank's low $50 minimum deposit, free demo account, and educational resources. The learning curve is manageable, making it suitable for those just starting their trading journey.
- Scalpers and high-frequency traders should consider MultiBank for its 0.1 pip spreads and rapid execution. Every fraction of a pip saved adds up when executing dozens of trades daily.
- Muslim traders can benefit from MultiBank's swap-free Islamic accounts, which comply with Sharia principles. No interest is charged on overnight positions.
- MultiBank's copy trading functionality makes it ideal for passive investors who want market exposure without active management. Follow successful traders and replicate their strategies automatically.
❌ May Not Suit
- Those seeking the absolute lowest trading costs.
Looking for alternatives?
📝 The Bottom Line on MultiBank
MultiBank is a solid choice for most traders looking for reliability with a 4.1/5 rating.
📈 MultiBank Detailed Scores
Our expert team evaluates brokers across 8 key categories. Here's how MultiBank performed in our rigorous testing:
MultiBank offers a solid trading experience with competitive conditions.
💰 MultiBank Fees & Spreads
Understanding trading costs is crucial for profitability. MultiBank uses a variable spread model with commissions of $6.0 per lot round turn. The average EUR/USD spread is 0.1 pips — one of the lowest in the industry.
📊 Typical Spreads
| Pair | Min | Average |
|---|---|---|
| EUR/USD | 0.1 | 0.1 pips |
| GBP/USD | 0.8 | 1.2 pips |
| USD/JPY | 0.6 | 1.0 pips |
| XAU/USD | 15 | 25 cents |
💳 Other Fees
| Commission (ECN) | $6.0/lot |
| Deposit Fee | Free |
| Withdrawal Fee | Free (method dependent) |
| Inactivity Fee | None |
| Swap-Free (Islamic) | ✓ Available |
💡 Trading Cost Example
Trading 1 standard lot (100,000 units) of EUR/USD with MultiBank:
- Spread Cost: 0.1 pips × $10/pip = $1.0
- Commission: $6.0 round turn
- Total Cost: $7.0 per lot
🛡️ MultiBank Regulation & Safety
MultiBank is regulated by ASIC, a Tier 1 - Highest Protection regulatory authority. This means the broker must adhere to the strictest financial regulations, including capital requirements, regular audits, and mandatory investor protection schemes.
📜 Regulatory Licenses
🔒 Safety Features
- ✓ Segregated Client Funds
- ✓ Negative Balance Protection
- ✗ Investor Compensation
- — Publicly Traded
🎯 Trust Score: 80/100
High Trust: MultiBank has demonstrated excellent regulatory compliance and safety standards.
🖥️ MultiBank Trading Platforms
MultiBank offers 3 trading platforms, giving traders flexibility in how they access the markets. Mobile apps are also available for iOS and Android.
MetaTrader 4
The world's most popular forex platform. Ideal for beginners and algo traders with Expert Advisor support.
- ✓ Expert Advisors (EAs)
- ✓ Custom Indicators
- ✓ One-Click Trading
- ✓ Mobile & Desktop
MetaTrader 5
Advanced multi-asset platform with more timeframes, order types, and improved backtesting.
- ✓ 21 Timeframes
- ✓ Depth of Market
- ✓ Economic Calendar
- ✓ Multi-Asset Support
📋 Platform Comparison
| Feature | MT4 | MT5 | cTrader |
|---|---|---|---|
| Available | ✓ | ✓ | ✗ |
| Copy Trading | ✓ | ✓ | ✓ |
| Algo Trading | ✓ | ✓ | ✗ |
| VPS Available | ✓ Free VPS | ||
| API Access | Not available | ||
🌐 MultiBank Tradable Instruments
MultiBank offers access to 1000+ tradable instruments across multiple asset classes. This includes 55 forex pairs .
👤 MultiBank Account Types
MultiBank offers various account types to suit different trading needs and experience levels. Demo accounts are available for practice. Swap-free Islamic accounts are also available for Muslim traders.
Practice with virtual funds
Compliant with Sharia law
Not available
Not available
Replicate successful traders
💳 MultiBank Deposits & Withdrawals
MultiBank requires a minimum deposit of $50 — one of the most accessible in the industry.
📥 Deposit Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets (Skrill, Neteller)
📤 Withdrawal Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets
⚖️ MultiBank Pros & Cons
✅ Pros
- Ultra-low spreads from 0.1 pips on EUR/USD
- Top-tier ASIC regulation ensures high safety standards
- Offers both MetaTrader 4 and MetaTrader 5 platforms
- Free demo account available for practice
- Low minimum deposit of just $50 makes it accessible
- Negative balance protection for retail traders
- Copy trading available for passive investing
- Swap-free Islamic accounts available
❌ Cons
- Limited educational resources for advanced traders
📚 MultiBank Education & Research
MultiBank's educational offerings are limited compared to some competitors.
Limited
Not available
Basic coverage
Available on trading platforms
🎧 MultiBank Customer Support
MultiBank offers customer support to assist traders with their queries.
⭐ MultiBank User Reviews
📝 User reviews will be displayed here. Share your experience with MultiBank!
Write a Review🏆 MultiBank — Our Verdict
MultiBank is a solid choice for most traders. With ASIC regulation, 0.1 pips EUR/USD spreads, and a $50 minimum deposit, this broker is particularly accessible for beginners .
Best for: Scalpers and high-frequency traders , Safety-focused traders , Beginners with limited capital , Passive investors
⚠️ Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
❓ MultiBank — Frequently Asked Questions
Is MultiBank a safe and regulated broker?
Yes, MultiBank is regulated by ASIC, which is a Tier 1 - Highest Protection regulatory authority. Client funds are kept in segregated accounts with negative balance protection.
What is the minimum deposit at MultiBank?
The minimum deposit at MultiBank is $50. This is considered low and accessible for beginners.
What trading platforms does MultiBank offer?
MultiBank offers the following trading platforms:
- MetaTrader 4 (MT4) — The most popular forex trading platform
- MetaTrader 5 (MT5) — Advanced multi-asset platform
- Web Platform — Trade directly from your browser
- Mobile Apps — Available for iOS and Android
What are MultiBank's spreads on EUR/USD?
MultiBank offers EUR/USD spreads with an average of 0.1 pips. On ECN accounts, there's a commission of $6.0 per lot round turn.
How long do withdrawals take at MultiBank?
Withdrawal processing times at MultiBank depend on the payment method:
- E-wallets: 0-24 hours
- Credit/Debit Cards: 2-5 business days
- Bank Transfers: 3-7 business days
Does MultiBank offer a demo account?
Yes, MultiBank offers free demo accounts with virtual funds so you can practice trading without risking real money. This is an excellent way to test the platform and develop your trading strategy.
What is MultiBank's maximum leverage?
MultiBank offers maximum leverage of 1:500. However, note that leverage limits vary by region due to regulatory requirements:
- EU/UK/Australia: Up to 1:30 for major forex pairs (retail)
- Professional traders: Higher leverage may be available upon qualification
- Other jurisdictions: Leverage up to 1:500 may be available
Higher leverage increases both potential profits and potential losses.
Can I use MultiBank in ?
MultiBank accepts traders from . The broker operates under ASIC regulation. Always verify current availability and applicable regulations on the broker's website.
Does MultiBank offer Islamic (swap-free) accounts?
Yes, MultiBank offers Islamic (swap-free) accounts that comply with Sharia law. These accounts do not incur swap charges for positions held overnight. Contact MultiBank's support to request an Islamic account.
What instruments can I trade with MultiBank?
MultiBank offers access to 1000+ tradable instruments:
- 55 Forex currency pairs
