Overview
MultiBank Group is a multi-entity broker founded in 2005, offering forex and CFD trading on stocks, indices, commodities, and cryptocurrencies via MetaTrader 4, MetaTrader 5, and its proprietary MB Trader platform. Its subsidiaries operate under licences from several regulatory bodies, including ASIC, CySEC, MAS, and the UAE Securities and Commodities Authority (SCA).
MultiBank Group: questions and answers
Is MultiBank Group regulated?
Yes, MultiBank Group is licensed by 11 regulators: ASIC, BaFin, MAS, CMA, CySEC, FMA (AT), FSC (MU), FSC (VG), CIMA, VFSC, FSA. They include top-tier regulators such as ASIC, BaFin, MAS. Always check which entity you open your account with, as protection depends on the regulator.
What is the minimum deposit at MultiBank Group?
The minimum deposit at MultiBank Group is $50; it can vary by account type and payment method.
What is the maximum leverage at MultiBank Group?
Leverage at MultiBank Group goes up to 1:1,000, depending on the regulator, account type and instrument. High leverage magnifies both profits and losses.
Which trading platforms does MultiBank Group offer?
MultiBank Group offers trading on MetaTrader 4, MetaTrader 5, Web Trader, Mobile App, MB Trader.
What can I trade with MultiBank Group?
MultiBank Group lets you trade Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices.
Does MultiBank Group offer an Islamic account?
Yes, MultiBank Group offers a swap-free Islamic account. Check its conditions, such as admin fees after a number of days.
Does MultiBank Group have a demo account?
Yes, you can open a free demo account at MultiBank Group to practise with virtual money before trading for real.
Does MultiBank Group support copy trading?
Yes, MultiBank Group lets you copy other traders. Remember that past performance does not guarantee future results.
When was MultiBank Group founded?
MultiBank Group was founded in 2005 and is headquartered in United Arab Emirates.
Licences
| Regulator | Licence number | Last verified |
|---|---|---|
| ASIC — Australian Securities and Investments Commission Verify on the official register | 416279 | — |
| BaFin — Federal Financial Supervisory Authority Verify on the official register | HRB 73406 | — |
| MAS — Monetary Authority of Singapore Verify on the official register | CMS101174 | — |
| CMA — Capital Market Authority (UAE) | 20200000477 | — |
| CySEC — Cyprus Securities and Exchange Commission Verify on the official register | 430/23 | — |
| FMA (AT) — Financial Market Authority | 491129z | — |
| FSC (MU) — Financial Services Commission Mauritius | — | — |
| FSC (VG) — Financial Services Commission, British Virgin Islands | SIBA/L/14/1068 | — |
| CIMA — Cayman Islands Monetary Authority | 1811316 | — |
| VFSC — Vanuatu Financial Services Commission | 700443 | — |
| FSA — Seychelles Financial Services Authority | — | — |
Available markets
Key facts
| Percentage of losing CFD accounts | 74-89% |
|---|
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