MultiBank Group review
Regulation, trading conditions, fees, platforms and user experiences
Also known as MultiBank FX, MEX Markets, MEX Atlantic
- Editorial score
- 8.7/10How we scored MultiBank Group
- User rating
- No user ratings yet
- Regulatory status
- ASICMASCySECCIMA (Cayman Islands)+4
- Country
- United Arab Emirates
- Established
- Established 2005
- Website
- multibankfx.com
MultiBank Group may have a commercial relationship with 88 Forex Brokers. Paid placement is labelled separately and does not allow payment alone to determine the editorial score.
MultiBank Group is a forex and CFD broker associated with United Arab Emirates. This profile reviews its regulatory records, trading conditions, platforms, fees and available user reports.
MultiBank Group is a solid mid-table option. Regulated by ASIC (AFSL 416279); MAS (CMS101174); CySEC (430/23); CIMA (1811316); UAE SCA/CMA (20200000031); Mauritius FSC (GB23201531); Seychelles FSA (SD198); Vanuatu VFSC (700443); plus additional group registrations/licences, offering MetaTrader 4, MetaTrader 5, WebTrader, MultiBank-Plus / MultiBank App. What follows is drawn from the broker's own published material and covers the things that decide the account you end up with: who oversees them, what trading actually costs, and where the compromises sit.
MultiBank Group at a glance
- Broker name
- MultiBank Group
- Established
- 2005
- Headquarters
- Dubai, United Arab Emirates
- Legal entities
- MEX Group Worldwide Limited
- Regulatory status
- Regulated
- Minimum deposit
- $50
- Maximum leverage
- 1:30
- Trading platforms
- MetaTrader 4, MetaTrader 5, Proprietary platform
- Markets offered
- Forex, Metals, Commodities, Indices, Shares, Cryptocurrency CFDs
- Account types
- Standard, Pro, ECN, Islamic, Demo
- Demo account
- Available
- Islamic account
- Available
- Customer support
- Live chat, email, phone, 24/7
- Official website
- multibankfx.com
Our view of MultiBank Group
MultiBank Group stands out for an ASIC licence, 21 years of operating history, raw spreads from 0.0 pips and a low minimum deposit of $50. The main issues to consider are an inactivity fee. Its suitability depends on the legal entity available in your country, the protection attached to that entity and whether its pricing and platform range match how you intend to trade.
Who MultiBank Group may suit
MultiBank Group may suit traders looking for a tier-one licence behind the account, raw spreads with a commission, a small first deposit and copy trading.
What stands out
- High leverage, diverse account types
What to consider
- Withdrawal fees apply
What traders report about MultiBank Group
There are not enough eligible ratings to publish an aggregate user rating for MultiBank Group.
- Open cases
- 0
- Broker responded
- 0
- Resolved
- 0
- Unresolved
- 0
Community metrics describe the published dataset and do not establish that every client will have the same experience.
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How MultiBank Group scored
The editorial score is calculated from the broker information and assessment criteria described in our scoring methodology. It is separate from user ratings and sponsored placement.
Category scores may be unavailable where there is not enough reliable information. The overall score should not be treated as a guarantee of safety, performance or suitability.
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