MultiBank Group Review 2026

Trust

MultiBank Regulators

When reviewing brokers, we examine the licenses held by each of their entities to determine how effectively they protect clients. We use a simple three-tier system to rank regulatory bodies, with Tier 1 being the most trusted and offering the highest level of protection.

This is what I discovered about the fifteen entities operating under the MultiBank trade name:

• MEX Atlantic Corporation is licensed and regulated by the Cayman Islands Monetary Authority (CIMA) under license number 1811316. We rate CIMA as a Tier-3 regulator.
• MEX Australia Pty Ltd is licensed and regulated by the Australian Securities and Exchange Commission (ASIC) under license number 416279. We rate ASIC as a Tier-1 regulator.
• MEX Digital Pty Ltd is a Corporate Authorized Representative of MEX Australia Pty Ltd and is registered as a Digital Currency Exchange with AUSTRAC under license number 100724469. We rate AUSTRAC as a Tier-1 regulator.
• MEX Asset Management GmbH is licensed and regulated by the German Federal Financial Supervisory Authority (BaFin) under license number HRB73406. We rate BaFin as a Tier-1 regulator.
• MEX Europe Ltd is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 430/23. We rate CySEC as a Tier-1 regulator.
• MEX Asset Management GmbH, Austria branch, is licensed and regulated by the Financial Markets Authority (FMA) of Austria under license number 491129z. We rate FMA as a Tier-1 regulator.
• MEX Global Financial Services LLC is licensed and regulated by the Securities and Commodities Authority (SCA) of the UAE under license number 20200000031. We rate the SCA as a Tier-2 regulator.
• MEX Digital FZE is licensed and regulated by the Virtual Assets Regulatory Authority (VARA) of the UAE with license number VL/24/06/001. We rate VARA as a Tier-2 regulator.
• MEX Global Markets PTE. Ltd is licensed and regulated by the Monetary Authority of Singapore (MAS) under license number CMS101174. We rate MAS as a Tier-2 regulator.
• Ikon Financial Services Corporation Ltd is licensed and regulated by the Tianjin Financial Government (TFG) of China under license number 120000400121019. We rate the TFG as a Tier-2 regulator.
• MultiBank FX International Cooperation is licensed and regulated by the Financial Services Commission (FSC) of the British Virgin Islands under license number SIBA/L/14/1068. We rate the FSC as a Tier-3 regulator.
• MEX Pacific (V) Ltd is licensed and regulated by the Vanuatu Financial Services Commission (VFSC) under license number 700443. We rate the VFSC as a Tier-3 regulator.
• MEXFM Securities (Mauritius) Ltd is licensed and regulated by the Financial Services Commission (FSC) under license number C22185514. We rate the FSC as a Tier-3 regulator.
• MB Group (Seychelles) Limited is licensed and regulated by the Financial Services Authority (FSA) of Seychelles under license number 8424231-1. We rate the FSA as a Tier-3 regulator.
• MEXD Worldwide Private Limited is incorporated under the Corporations Act in India. The entity is not regulated.

How Does MultiBank Protect You?

Brokers operate multiple entities globally, but regulatory protections vary. Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity with which they choose to open an account.

Here is how MEX Atlantic Cooperation protects you:

✅ Segregated accounts – Client funds are kept separate from the company’s own capital.

✅ Compensation scheme – MultiBank has issued a Civil Liabilities Insurance protecting client funds by up to $1 million.

❌ Negative balance protection – Your losses can exceed your invested capital.

To learn more about the most essential safety mechanisms and how they apply to you, click here.

Note: MultiBank’s safety measures vary by entity, as each operates under different regulations. Before opening an account, verify the entity with which you’ll trade and the specific protections that apply.

Stability and Transparency

In our Trust category, we assess how stable and transparent a broker is. This includes how long they’ve been in business, the size of the company, and how openly they share essential information.

I reviewed MultiBank’s company profile on its website and LinkedIn page and found that the broker has been in operation for more than two decades, employing nearly 1,000 professionals worldwide—clear evidence of its stability and long-standing presence in the industry.

I also examined the broker’s legal documents and client agreements and found them to be transparent, well-structured, and easy to understand.

Lastly, I appreciated that MultiBank displays live spreads directly on its website, allowing traders to gauge pricing transparency and competitiveness easily. Even better, the MultiBank App automatically shows the spread value between bid and ask prices, saving traders the trouble of calculating it themselves.

Is MultiBank Safe?

I concluded that MultiBank can be considered very safe to trade with due to the following factors:

• Regulated by 15 authorities worldwide, including several top regulators: ASIC, CySEC, BaFin.
• Protects client money from the broker’s credit risk.
• Committed to compensating its clients in case of insolvency.
• Has transparent legal documents.

Fees

MultiBank Trading Fees

MultiBank Spreads

I tested MultiBank’s spreads on 17 September 2025 during the London and New York opens. The results are shown in the table below:

My test revealed that MultiBank’s GBPJPY, Apple, Tesla, and Dow Jones 30 spreads were the tightest. The spreads on gold, crude oil, and the DAX 40 were aligned with the industry average, while its EURUSD and BTCUSD spreads sit at the higher end.

MultiBank Swaps

A swap fee is the cost of keeping a trade open overnight, and it’s tied to the difference in interest rates between the two currencies in a pair. If you’re holding a buy (long) position, you may either pay or earn interest depending on the rates—this is called a swap long. The same applies to a sell (short) position, where the overnight charge or credit is called a swap short.

The values listed below are for one full base currency contract (100,000 units).

While MultiBank’s GBPJPY and XAUUSD swaps beat the industry benchmark, its EURUSD swap sits just above it. This makes MultiBank a good option for overnight trading. However, swaps tend to fluctuate over time.

MultiBank Non-Trading Fees

MultiBank does not charge a handling fee for deposits or withdrawals, though third-party processing fees may apply.

I also found that MultiBank imposes a $60 inactivity fee after just three months of account dormancy. This charge recurs monthly until trading activity resumes or the account balance reaches zero. The fee is relatively high and applied after a comparatively short period, which may not suit occasional traders.

Are MultiBank’s Fees Competitive?

MultiBank’s fee competitiveness depends on the traded instruments and account activity. The broker offers tight spreads on most stocks, select forex pairs, and indices, along with zero commissions, competitive overnight fees, and free deposits and withdrawals. Although MultiBank charges a relatively high inactivity fee, which could be a drawback for less active traders.

Platforms and Tools

MultiBank App Web

I tested the MultiBank App and was impressed by its easy-to-navigate design, fluid charts, and high customizability. The platform’s charting capabilities are powered by the seamless TradingView, giving it that extra edge for chart artists. It also features advanced market analytics and trading signals, as well as copy trading.

I appreciated that the spread value for each instrument is displayed between the bid and ask prices, giving traders a quick glance at the current trading price. MultiBank App also features direct customer support via live chat and provides a straightforward and fast instrument search.

Availability & Features

The MultiBank App is compatible with all major search engines and is available in multiple languages, including English, French, Russian, Arabic, Spanish, and more.

The MultiBank App features include:

• Customizable Watchlists: Keep tabs on your favorite instruments with ease.
• Chart Trading: Place and manage orders directly from the chart, including entry points, volume, stop-loss, and take-profit levels.
• Integrated Analytics: Assess the prevailing market sentiment and viable trading opportunities.
• Copy Trading: Access MultiBank’s leaderboard of signal providers and select a trading strategy to copy.

The MultiBank App has greatly improved since my last review and now meets the needs of most traders. Its only drawback is the lack of automated trading via Expert Advisors (EAs), though this feature is available on MT4 and MT5.

Charting & Analysis Tools

The MultiBank App trader is loaded with analytical tools:

• 107 built-in technical indicators: From trend-following to oscillators and volume-based tools.
• 50+ drawing tools: Including Fibonacci retracements, Elliott Waves, and more for technical pattern spotting.
• 7 timeframes: Great for multi-timeframe analysis — one of the largest offerings in the industry.
• 12 chart types: Line, bar, and candlestick options let traders view price action in their preferred format.

The chart screen is powered by TradingView, making it quite versatile and highly customizable. Price action is fluid, represented in high definition, and easily scalable. This makes it easier to interpret and spot viable trading opportunities.

Order Types

The MultiBank App offers three execution modes and covers all the core order types needed by most traders:

• Market Orders: Instant execution at the best available price — ideal for quick entries
• Limit Orders: Target a specific price level for entry, though execution isn’t guaranteed.
• Stop Orders: Protect open positions with predefined risk levels. Stop-loss orders automatically convert into market orders once triggered.

MultiBank App Web: My Key Takeaways

The MultiBank App is a powerful trading platform that offers users a seamless interface, advanced charting capabilities, comprehensive market analytics, and personalized customer support. I recommend it to traders interested in conducting probing technical analysis and copy trading. The platform’s only drawback is that it does not support automated trading.

MultiBank App Mobile

The mobile version of MultiBank App mirrors the flexibility and sophistication of its web platform. It features high-definition, easily scalable charts and integrates the broker’s robust market research, enabling informed trading on the go. I also liked that the app includes educational videos that explain its key features and functionalities.

On the downside, the MultiBank mobile app lacks technical indicators and drawing tools, which may disappoint some technical traders.

MultiBank App Mobile: My Key Takeaways

I appreciated the MultiBank mobile app for its intuitive and user-friendly design. It is pretty easy to navigate, and even first-time traders can quickly learn their way around it. I also found the app an indispensable tool for trading on the go, account management, market research, and copy trading.

MultiBank Execution Model

MultiBank supports both market-maker and ECN/DMA models, depending on the underlying trade account. Client orders are either filled by the broker (market maker), who trades against the client to create liquidity, or matched electronically using communication networks. Both models ensure fast and reliable order execution.

Trading Tools

MultiBank elevates the trading experience with a strong suite of supporting tools. It offers free Virtual Private Server (VPS) hosting for low-latency execution to clients with a minimum equity of $2,000 and a monthly trading volume of 10 lots.

The broker also provides FIX API solutions for Direct Market Access (DMA), enabling high-volume traders to access the tightest spreads directly from the exchange’s order books.

Tradable Instruments

MultiBank offers a relatively average number of currency pairs and cryptocurrencies, but a number of commodities, share CFDs, and indices is higher than the industry benchmark.

What Are CFDs?

CFDs (Contracts for Difference) let you trade on the price movements of assets—like gold—without actually owning them.

For example, if you go long on gold and the price rises, you profit; if it falls, you lose—without ever buying real gold.

The biggest perk? You can jump in or out of the market quickly to take advantage of even the smallest price changes.

What CFDs Can You Trade With MultiBank?

MultiBank Instruments: My Key Takeaways

Most of MultiBank’s tradable instruments consist of share CFDs, giving traders access to a wide range of markets and sectors. The broker also offers a solid selection of commodities and indices, available for trading on both the spot and futures markets. My only gripe is the absence of low-risk securities like ETFs and bonds, which would provide more options for diversification and hedging.

Customer Support

Customer Support Channels

Customer Support Test

When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, the time it takes them to respond to questions, and the level of detail in their answers.

I conducted my testing of MultiBank’s customer support over a couple of days, asking a series of questions of varying difficulty to assess the agents’ knowledge and responsiveness.

I first contacted the broker on September 19 at approximately 13:50 CET via live chat. An agent connected within a minute. Their answers were prompt and straightforward, though the agent did not seem to be aware that the MultiBank App is only available for web trading. In contrast, its mobile app version is available for download.

Deposit and Withdrawal

How Do You Deposit Money With MultiBank

How Do You Withdraw Money With MultiBank

Account Types and Terms

How to Open an Account With MultiBank

To open an account with MultiBank, follow these simple steps:

1. Click ‘Open a Live Account’ in the middle of the screen.
2. Fill in your name and choose your country of residence.
3. Enter your email address and choose an account password.
4. Agree to MultiBank’s T&Cs and proceed with the registration.
5. Verify the OTP code sent to your email address.
6. Provide the rest of your personal details.
7. Configure your trading account.
8. Upload proof of ID and proof of address to verify your account.

MultiBank Account Types

MultiBank’s Standard account offers commission-free trading with floating spreads from 1.5 pips — a typical setup suited for casual traders.

The Pro account follows a similar pricing structure but is better suited for seasoned traders, featuring a $1,000 minimum deposit and tighter spreads.

For high-volume traders, the ECN account is the standout option, offering raw spreads from 0.0 pips and a $3 round-turn commission per traded lot (100,000 units) — well below the industry average of $6. It also supports VPS and FIX API trading for maximum efficiency. The only downside is its steep $10,000 minimum deposit.

Lastly, MultiBank caters to portfolio managers through its PAMM accounts, which are designed to manage multiple client portfolios.

Demo Accounts

MultiBank offers a demo account that lets traders explore the broker’s available platforms and test their strategies in a risk-free environment. Since markets are constantly changing, it’s crucial to keep your skills sharp without risking real money. You can open a demo account before or alongside your live CFD account.

Swap-Free (Islamic) Accounts

MultiBank offers Islamic accounts for swap-free trading in accordance with Shariah Law. Please contact the broker for additional information.

What is CFD Leverage?

Leverage determines a trader’s overall market exposure. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage. Essentially, the broker lends the trader money, allowing them to open larger positions. Leverage multiplies the profits a trader generates from winning positions, as well as the losses incurred from failed trades.

What Leverage Does MultiBank Offer?

In the table below, I have listed the maximum retail leverage available with MEX Atlantic Cooperation for instruments from different asset classes:

MultiBank Restricted Countries

MultiBank does not accept clients who are residents of the US or any other restricted country or jurisdiction where trading is prohibited by law.

MultiBank IB and Bonus Programs

MultiBank Group offers a comprehensive IB program that provides a powerful mix of flexibility and rewards for partners and traders alike. Asset managers can create their own investment funds and benefit from tools like free VPS, API, and a social trading platform. Individual clients can also join the program, enjoy a 25% deposit bonus, and participate in the cashback program for additional rewards.

Research

Research Tools

• Economic Diary: MultiBank’s in-house economic calendar keeps traders informed about key market events and upcoming economic releases that could trigger market movements — making it easier to spot trading opportunities.
• Market News: The broker’s integrated news screener delivers up-to-date financial news and economic reports directly on the trading platform. The coverage is detailed and relevant, though it would benefit from supporting price charts for better context.
• Market Analytics: Within the MultiBank App, traders can access various sentiment indicators to gauge market momentum. These tools highlight buying and selling pressure, daily top gainers and losers, and other useful insights.
• Trading Signals: Verified clients also get access to real-time trading signals on multiple instruments. Each signal includes suggested entry and exit points, stop levels, and key support and resistance zones — helping traders act quickly on emerging opportunities.

MultiBank Research: My Key Takeaways

I rate MultiBank’s research as very high quality. It is broad and diverse, offering traders a 360-degree view of current market developments and trading setups. The broker could add a nuance by incorporating some research content from third-party resources.

Education

I found MultiBank’s educational offering to be both extensive and well-structured. The broker’s YouTube channel hosts over 50 platform tutorials, how-to guides, and platform tutorials, along with 26 recordings from past seminars and expos — a great mix of practical and event-based learning materials.

Beyond video content, MultiBank provides several educational courses with more than 60 individual lessons that cover essential trading concepts in depth. The broker has also released 11 e-books that take a closer look at key topics like technical and fundamental analysis, trading psychology, and risk management.

Overall, I found MultiBank’s educational materials to be rich, informative, and easy to follow — suitable for both beginners and intermediate traders looking to sharpen their skills.

The Bottom Line

MultiBank stands out as a global powerhouse in online trading, combining strong safety credentials with an exceptionally wide market offering and versatile platforms. Its 15 regulatory licenses, a broad selection of 14,200+ CFDs, and advanced tools like VPS hosting, FIX API access, and copy trading make it one of the most complete brokers in the industry.

While some spreads — particularly on BTCUSD and EURUSD — are higher than average, and the web platform lacks certain advanced functions, the broker’s competitive overall pricing, rich research and education, and deep liquidity more than compensate.

In my view, MultiBank is a top-tier choice for both retail and professional traders seeking a regulated, feature-packed broker with global reach and a focus on safety and performance.