- Spread:
- 1.0 - 1.5
- Deposit:
- $50
Broker Alarab ReviewAccounts, costs and regulation
MultiBank Group Review
Review Summary
Overview of MultiBank Group
MultiBank Group offers Standard, Pro and ECN accounts for forex and CFDs on MT4 and MT5. Standard and Pro use spread-based pricing, while ECN combines tighter spreads with commission. Account funding requirements are tiered, so the entry conditions of ECN should not be used to describe all accounts.
If you are comparing MultiBank vs XM or Exness, start with the account you can fund and your usual trading costs. Spreads, commission and overnight charges matter together; an ECN name alone does not establish execution quality. Review payment methods and Islamic account eligibility separately. The group's regulatory reach should also be distinguished from the entity and client protection applying to you.
Key Strength
Multiple account types, markets and regulated entities
Key Consideration
Multiple accounts and legal entities can make account selection more complex
Who Is It Best For?
- ECN account traders
- High-deposit traders
- Multi-asset traders
- Traders comfortable with tiered accounts
Who May It Not Suit?
- Low-deposit traders
- First-time traders
- Traders seeking ultra-simple accounts
- Passive long-term investors
Broker Alarab’s view on MultiBank Group
MultiBank Group provides Standard, Pro and ECN-style accounts through MT4 and MT5, together with access to a broad range of markets and multiple operating entities.
It may suit experienced traders comparing ECN-style execution and liquidity, but account conditions, minimum deposits, leverage and regulatory coverage should be reviewed carefully before registration.
Rating Breakdown
Each category is rated out of 5.How MultiBank Group performs across safety, trading costs, platforms, deposits and withdrawals, and customer support, with each category rated out of 5.
Safety & Regulation4.65 / 5
Fees & Spreads4.4 / 5
Trading Platforms4.35 / 5
Deposits & Withdrawals4.35 / 5
Customer Support4.25 / 5
Main Advantages
5Fast trade execution with advanced trading infrastructure
Low spreads, especially on ECN accounts
Wide range of assets including forex, stocks, and cryptocurrencies
Trading via MetaTrader 4 and MetaTrader 5 platforms
Strong regulation from authorities such as ASIC, CySEC, and BaFin
Main Disadvantages
3High minimum deposit on ECN accounts reaching up to $10,000
Regulatory protection varies depending on the entity and jurisdiction
Withdrawal speed and customer support experience may vary across regions
Account Types at MultiBank Group
Compare the accounts and tap an account name for more details.Compare the available account conditions and open an account page to review its full details.
- Accounts
- 3
- Lowest Deposit
- $50
Review the account conditions, availability, and trading costs before registering.
Open an Account with MultiBank GroupLicenses & Safety at MultiBank Group
MultiBank Group operates through a network of entities that includes MEX Australia Pty Ltd, authorised by ASIC under licence number 416279; MEX Asset Management GmbH, supervised by BaFin under number 119375; and MEX Europe Ltd, regulated by CySEC under licence number 430/23. The group also has an entity supervised by the SCA in the UAE and an international entity in Belize serving different markets. The group’s multiple entities provide broad regulatory coverage, but they do not mean that every client receives the same protection available under ASIC, BaFin or CySEC. The actual entity may affect leverage, products, complaint procedures and investor protection, so traders should also verify the permitted scope of each legal company. When researching MultiBank Group licences, traders should look beyond the number of licences and identify the entity shown in the client agreement. This is especially important for Arabic-speaking traders who may be directed to the UAE or international entity and need to balance global availability with the oversight applied to their account.
- Number of licenses
- 5
- Top regulator
- ASIC
- Last verified
- 2026-09-15
- Status
- All active
ASICActiveAustralia416279
Active
Australian Securities and Investments Commission
- Country
- Australia
- Legal entity
- MEX Australia Pty Ltd
BaFinActiveGermany119375
Active
Federal Financial Supervisory Authority
- Country
- Germany
- Legal entity
- MEX Asset Management GmbH
CySECActiveCyprus430/23
Active
Cyprus Securities and Exchange Commission
- Country
- Cyprus
- Legal entity
- MEX Europe Ltd
Client Fund Protection
MultiBank Group entities apply client-money protection rules according to the regulator responsible for each legal company. These arrangements include separating eligible client funds from the group’s operating capital and business expenses, helping prevent client money from being used to finance the broker’s daily operations. Fund custody rules, negative balance protection and investor compensation arrangements are not uniform across the ASIC, BaFin, CySEC, SCA and international Belize entities. Traders should verify the specific MEX or MultiBank company named in their client agreement instead of relying on the total number of licences held across the wider group.
Fees & Trading Costs
A clear overview of MultiBank Group’s spreads, commissions, and potential trading costs.
Pricing Summary
- Lowest Spread
- 0.0 - 0.3
- Commission Structure
- 1 commission-based account
Trading Fees Explained
MultiBank Group separates pricing across Standard, Pro and ECN accounts. Standard offers commission-free spreads around 1.0–1.5 pips with a $50 deposit, while Pro tightens pricing to 0.5–0.8 pips and requires $1,000.
ECN delivers 0.0–0.3 pip spreads with a $3-per-lot commission and $10,000 minimum in our comparison. Account selection becomes increasingly important for higher-volume traders, while swaps vary by instrument and holding period.
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MultiBank Group separates pricing across Standard, Pro and ECN accounts. Standard offers commission-free spreads around 1.0–1.5 pips with a $50 deposit, while Pro tightens pricing to 0.5–0.8 pips and requires $1,000.
ECN delivers 0.0–0.3 pip spreads with a $3-per-lot commission and $10,000 minimum in our comparison. Account selection becomes increasingly important for higher-volume traders, while swaps vary by instrument and holding period.
Deposits & Withdrawals
Funding Summary
- Payment Methods
- 5
- Minimum Deposit
- $50
- Funding Score
- 4.35 / 5
- Withdrawal Speed
- Fast for e-wallets and crypto, standard processing time for bank transfers
Deposit & Withdrawal Details
MultiBank Group offers deposits and withdrawals through bank transfers, Visa and Mastercard, Skrill, Neteller, cryptocurrencies, and other services that may be available for the client's region. Payment options, supported currencies, limits, and conditions vary according to the account entity and country of residence.
Electronic wallets and cryptocurrency methods may provide faster processing than traditional bank transfers. The actual withdrawal time depends on the selected route, the receiving provider, and any intermediary institutions. Banks or payment services may also apply transaction or currency-conversion charges independently of MultiBank Group.
Financial transactions are subject to identity-verification, payment-ownership, and anti-money-laundering controls. The payment method should match the verified account holder, and a withdrawal may need to follow the original funding source. Completing account verification early can help prevent avoidable processing delays.
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MultiBank Group offers deposits and withdrawals through bank transfers, Visa and Mastercard, Skrill, Neteller, cryptocurrencies, and other services that may be available for the client's region. Payment options, supported currencies, limits, and conditions vary according to the account entity and country of residence.
Electronic wallets and cryptocurrency methods may provide faster processing than traditional bank transfers. The actual withdrawal time depends on the selected route, the receiving provider, and any intermediary institutions. Banks or payment services may also apply transaction or currency-conversion charges independently of MultiBank Group.
Financial transactions are subject to identity-verification, payment-ownership, and anti-money-laundering controls. The payment method should match the verified account holder, and a withdrawal may need to follow the original funding source. Completing account verification early can help prevent avoidable processing delays.
Supported Payment Methods
- Bank transfer
- Visa / Mastercard
- Skrill
- Neteller
- Cryptocurrencies
Trading Platforms
A closer look at the trading platforms offered by MultiBank Group and the overall platform experience.
Platform Access
- Available Platforms
- MT4
- MT5
- WebTrader
- Mobile App
- Trading Tools
- 5 tools available
- Best For
- ECN and MetaTrader trading
Trading Platform Experience
MultiBank Group uses MetaTrader 4 and MetaTrader 5 alongside mobile applications and web access where available. These platforms support several CFD asset classes and allow traders to place orders and manage their accounts across desktop and mobile devices within the familiar MetaTrader environment.
The platforms provide charting, technical indicators, and automated trading through Expert Advisors, together with MQL5 functionality and one-click trading in eligible environments. This range suits traders seeking a familiar setup for manual or automated strategies with cross-device access, although available tools and instruments depend on the account and regulatory entity.
Read more +Show less −
MultiBank Group uses MetaTrader 4 and MetaTrader 5 alongside mobile applications and web access where available. These platforms support several CFD asset classes and allow traders to place orders and manage their accounts across desktop and mobile devices within the familiar MetaTrader environment.
The platforms provide charting, technical indicators, and automated trading through Expert Advisors, together with MQL5 functionality and one-click trading in eligible environments. This range suits traders seeking a familiar setup for manual or automated strategies with cross-device access, although available tools and instruments depend on the account and regulatory entity.
Available Trading Tools
- Expert Advisors
- MQL5 support
- One-click trading
- Charting tools
- Mobile access
Download MetaTrader Platforms
Final Verdict
Overall Rating
4.4 / 5
Final Verdict
Very Good
Our verdict on MultiBank Group
Overall, MultiBank Group may appeal to experienced traders seeking several account structures, ECN-style pricing and access to multiple markets through MT4 and MT5. The range provides flexibility for users who want to balance deposit requirements, spreads and execution preferences. At the same time, multiple accounts and legal entities can make the selection process more complex, particularly for beginners. Clients should confirm the responsible entity, regulatory coverage, leverage, commissions and minimum deposit before choosing an account.
Read more +Show less −
Overall, MultiBank Group may appeal to experienced traders seeking several account structures, ECN-style pricing and access to multiple markets through MT4 and MT5. The range provides flexibility for users who want to balance deposit requirements, spreads and execution preferences. At the same time, multiple accounts and legal entities can make the selection process more complex, particularly for beginners. Clients should confirm the responsible entity, regulatory coverage, leverage, commissions and minimum deposit before choosing an account.
Key Strength
Multiple account types, markets and regulated entities
Main Limitation
Multiple accounts and legal entities can make account selection more complex
Frequently Asked Questions
Is MultiBank Group a scam or a legit broker?
MultiBank Group is not a scam and operates under multiple regulators such as ASIC, CySEC, BaFin, and SCA. However, the level of protection depends on the specific entity handling your account, so it's important to verify the jurisdiction before trading.
How fast are withdrawals with MultiBank Group?
Withdrawal speed at MultiBank Group depends on the payment method. E-wallets and cryptocurrencies are usually processed faster, while bank transfers can take longer. Additional verification may be required for large withdrawals.
What are the real trading fees on MultiBank Group?
Trading fees vary by account type. Standard and Pro accounts have no commission with spreads included, while ECN accounts offer raw spreads from 0.0 pips with a commission of around $3 per lot per side.
Is MultiBank Group good for scalping and day trading?
MultiBank Group can be suitable for scalping and day trading, especially on ECN accounts that offer low spreads and faster execution, although performance depends on liquidity and market conditions.
What is the minimum deposit for MultiBank Group?
The minimum deposit starts from around $50 for basic accounts, while advanced accounts like ECN and Pro require higher deposits to access better trading conditions.
Show more questions (5)Hide additional questions
Does MultiBank Group offer true ECN trading?
MultiBank Group offers ECN-style accounts with direct market access and raw spreads, but conditions may vary depending on the account type and the entity providing the service.
Can you use automated trading on MultiBank Group?
Yes, MultiBank Group supports automated trading through MetaTrader 4 and MetaTrader 5, allowing traders to use Expert Advisors (EAs) and custom strategies.
How stable is execution on MultiBank Group platforms?
Execution stability on MultiBank Group depends on the account type and market liquidity, with better performance typically seen on higher-tier accounts.
What is the difference between Standard and ECN accounts on MultiBank Group?
Standard accounts include costs within spreads without commission, while ECN accounts offer lower spreads starting from 0.0 pips with a fixed commission, making them more suitable for active traders.
Is MultiBank Group suitable for beginners?
While beginners can open a basic account, the platform structure and account types may be more suitable for traders with some experience rather than complete beginners.
Compare MultiBank Group with Other Brokers
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Risk Warning
The information on this page is provided for educational and informational purposes only and does not constitute financial or investment advice. Broker Alarab does not provide trading services or hold client funds. Trading forex, CFDs and other leveraged products involves a high level of risk and may not be suitable for all investors. You may lose part or all of your invested capital. Trading conditions, leverage and investor protection may vary according to the broker, regulatory entity and client jurisdiction.