MultiBank Group Review 2026
Established in 2005
•
United Arab Emirates
• ASIC Regulated
MultiBank Group is a well-established broker with a solid 4.0/5 rating. Regulated by ASIC (highest protection tier), this broker offers spreads from 0.8 pips on EUR/USD with a minimum deposit of $50. Trade 1000+ instruments including forex, CFDs, and more.
📊 MultiBank Group Overview
MultiBank Group (MEX Group Worldwide) is a well-established broker founded in 2005 headquartered in Dubai, United Arab Emirates. 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 , 20 cryptocurrencies , 800 stocks , and various indices, MultiBank Group caters to diverse trading strategies.
| Legal Name | MEX Group Worldwide |
|---|---|
| Founded | 2005 |
| Headquarters |
Dubai, United Arab Emirates
|
| Primary Regulation | ASIC (Tier 1 - Highest Protection) |
| Instruments | 1000+ assets |
| Min Deposit | $50 |
| Max Leverage | 1:500 |
📖 MultiBank Group — In-Depth Introduction
MultiBank Group, a veteran broker founded in 2005, has built an impressive track record spanning 21 years of continuous operation. Operating under the stringent oversight of ASIC, MultiBank Group 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. MultiBank Group focuses on accessibility, requiring just $50 to open a live account—making it suitable for beginners testing the waters.
Company Background
MultiBank Group (legally MEX Group Worldwide) has been operating in the financial services industry for 21 years. Headquartered in Dubai, United Arab Emirates, 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 Group Fees — Complete Cost Analysis
MultiBank Group offers competitive trading costs that will appeal to cost-conscious traders. The 0.8 pip spread on EUR/USD is below the industry average, providing good value. On ECN/Raw accounts, MultiBank Group charges $3.0 per lot round turn in addition to raw spreads. This transparent pricing model is preferred by many professional traders. For context, a day trader executing 5 round-turn trades daily at 1 lot each would pay roughly $40 in spread costs per day with MultiBank Group. Over a month (22 trading days), that's $880.
Trading Costs Breakdown
💡 Cost Calculator: MultiBank Group
Non-Trading Fees
| Fee Type | MultiBank Group | 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 Group Safe? — Complete Security Analysis
With a Trust Score of 78/100, MultiBank Group demonstrates adequate safety standards for most retail traders. The broker maintains reasonable protections while balancing accessibility. Client funds at MultiBank Group are held in segregated accounts at top-tier banks, completely separate from the company's operational funds. This means even in the unlikely event of broker insolvency, your money remains protected and inaccessible to creditors.
Regulatory Framework
MultiBank Group is regulated by ASIC.
Security Features Checklist
Understanding the Trust Score
Our 78/100 Trust Score is calculated using 15+ safety factors including regulation, company history, financial transparency, and client fund protection.
📋 Methodology👤 Who Should Use MultiBank Group?
✅ Best For
- Beginners will appreciate MultiBank Group'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.
- Muslim traders can benefit from MultiBank Group's swap-free Islamic accounts, which comply with Sharia principles. No interest is charged on overnight positions.
- MultiBank Group'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 Group
MultiBank Group is a solid choice for most traders looking for reliability with a 4.0/5 rating.
📈 MultiBank Group Detailed Scores
Our expert team evaluates brokers across 8 key categories. Here's how MultiBank Group performed in our rigorous testing:
MultiBank Group offers a solid trading experience with competitive conditions.
💰 MultiBank Group Fees & Spreads
Understanding trading costs is crucial for profitability. MultiBank Group uses a Variable spread model with commissions of $3.0 per lot round turn. The average EUR/USD spread is 0.8 pips — competitive compared to industry average.
📊 Typical Spreads
| Pair | Min | Average |
|---|---|---|
| EUR/USD | 0.8 | 0.8 pips |
| GBP/USD | 0.8 | 1.2 pips |
| USD/JPY | 0.6 | 1.0 pips |
| XAU/USD | 15 | 25 cents |
💳 Other Fees
| Commission (ECN) | $3.0/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 Group:
- Spread Cost: 0.8 pips × $10/pip = $8.0
- Commission: $3.0 round turn
- Total Cost: $11.0 per lot
🛡️ MultiBank Group Regulation & Safety
MultiBank Group 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
- ASIC 416279
- DFSA F008212
- BaFin 148975
- CIMA 1707
🔒 Safety Features
- ✓ Segregated Client Funds
- ✓ Negative Balance Protection
- ✗ Investor Compensation
- — Publicly Traded
🎯 Trust Score: 78/100
Moderate Trust: MultiBank Group meets industry standards for safety and regulation.
🖥️ MultiBank Group Trading Platforms
MultiBank Group 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 | Not offered | ||
| API Access | Not available | ||
🌐 MultiBank Group Tradable Instruments
MultiBank Group offers access to 1000+ tradable instruments across multiple asset classes. This includes 55 forex pairs , 20 cryptocurrencies , and 800 global stocks.
👤 MultiBank Group Account Types
MultiBank Group 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 Group Deposits & Withdrawals
MultiBank Group 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 Group Pros & Cons
✅ Pros
- Competitive spreads with average 0.8 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 Group Education & Research
MultiBank Group's educational offerings are limited compared to some competitors.
Limited
Not available
Basic coverage
Available on trading platforms
🎧 MultiBank Group Customer Support
MultiBank Group offers customer support to assist traders with their queries.
⭐ MultiBank Group User Reviews
📝 User reviews will be displayed here. Share your experience with MultiBank Group!
Write a Review🏆 MultiBank Group — Our Verdict
MultiBank Group is a solid choice for most traders. With ASIC regulation, 0.8 pips EUR/USD spreads, and a $50 minimum deposit, this broker is particularly accessible for beginners .
Best for: 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 Group — Frequently Asked Questions
Is MultiBank Group a safe and regulated broker?
Yes, MultiBank Group is regulated by ASIC, which is a Tier 1 - Highest Protection regulatory authority. The broker also holds licenses from 3 additional regulators. Client funds are kept in segregated accounts with negative balance protection.
What is the minimum deposit at MultiBank Group?
The minimum deposit at MultiBank Group is $50. This is considered low and accessible for beginners.
What trading platforms does MultiBank Group offer?
MultiBank Group 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 Group's spreads on EUR/USD?
MultiBank Group offers EUR/USD spreads with an average of 0.8 pips. The broker uses Variable spreads. On ECN accounts, there's a commission of $3.0 per lot round turn.
How long do withdrawals take at MultiBank Group?
Withdrawal processing times at MultiBank Group 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 Group offer a demo account?
Yes, MultiBank Group 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 Group's maximum leverage?
MultiBank Group 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 Group in ?
MultiBank Group accepts traders from . The broker operates under ASIC regulation. Always verify current availability and applicable regulations on the broker's website.
Does MultiBank Group offer Islamic (swap-free) accounts?
Yes, MultiBank Group offers Islamic (swap-free) accounts that comply with Sharia law. These accounts do not incur swap charges for positions held overnight. Contact MultiBank Group's support to request an Islamic account.
What instruments can I trade with MultiBank Group?
MultiBank Group offers access to 1000+ tradable instruments:
- 55 Forex currency pairs
- 20 Cryptocurrencies
- 800 Stock CFDs
- 14 Index CFDs
- 11 Commodities
