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Multibank Forex Broker Review

Published: 13/07/2025 Updated: 25/07/2025 Read Time: 3 min read Author: TradersTrusted
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Multibank Group is a globally active forex and CFD broker known for offering institutional-grade trading conditions to retail and professional clients. Founded in 2005, the broker has grown to serve clients across Asia, the Middle East, Africa, and Latin America, with a strong regulatory presence in Dubai (DFSA) and other key jurisdictions. This review covers Multibank’s regulation, trading conditions, platforms, and real trader feedback as of 2026.

Is Multibank a Regulated Forex Broker?

Yes, Multibank Group is regulated by multiple financial authorities, including:

  • DFSA – Dubai Financial Services Authority
  • ASIC – Australian Securities and Investments Commission
  • BaFin – Federal Financial Supervisory Authority (Germany)
  • FCA (UK) – Previously registered, now focused on offshore entities
  • CIMA – Cayman Islands Monetary Authority
  • FSC – British Virgin Islands Financial Services Commission

The broker operates through regional subsidiaries with varying terms. Always confirm which entity your account falls under.

Multibank Key Features

FeatureDetails
Founded2005
Global HeadquartersHong Kong / Dubai
RegulationDFSA, ASIC, BaFin, FSC, CIMA
PlatformsMT4, MT5
Minimum Deposit$50–$1,000 (depends on region/account type)
LeverageUp to 1:500 (offshore); 1:30 (DFSA)
Islamic Account✅ Yes (upon request)
Funding MethodsCards, crypto (USDT, BTC), bank transfer

Account Types

1. Standard Account

  • Spreads: From 1.5 pips
  • Commission: None
  • Best For: Beginners

2. Pro Account

  • Spreads: From 0.8 pips
  • Commission: None
  • Execution: Market

3. ECN Account

  • Spreads: From 0.0 pips
  • Commission: $3 per lot
  • Best For: Scalpers and institutional traders

Trading Instruments

  • Forex: 45+ currency pairs
  • Metals: Gold, silver, platinum
  • Indices: NASDAQ, DAX, FTSE, etc.
  • Crypto: BTC, ETH, XRP (region-dependent)
  • Stocks: US, EU, Asia (via CFDs)
  • Commodities: Oil, gas, agricultural products

Platforms and Tools

  • MetaTrader 4 – Classic with low-latency execution
  • MetaTrader 5 – Multi-asset trading and faster order handling
  • Multibank Copy Trading App – Mirror strategies from top traders
  • Risk Management Tools – Negative balance protection, margin alerts

2026 Update:

  • Mobile trading app redesigned with crypto wallets and biometric login
  • New Arabic and Spanish UI support

Deposit & Withdrawal Methods

MethodFeesProcessing Time
Credit CardFreeInstant
Crypto (USDT)Free1–2 hours
Wire TransferBank charges2–5 business days
Online WalletsVariesRegion-specific

Withdrawals are processed within 24–48 hours, though delays may occur in high-volume periods.

Multibank Pros and Cons

✅ Pros

  • Strong regulatory framework in DFSA, ASIC, BaFin
  • Competitive ECN spreads and execution
  • Supports Islamic accounts
  • Fast crypto deposits and withdrawals
  • Copy trading and mobile app support

❌ Cons

  • Not available to US or Canadian residents
  • Different conditions under offshore vs regulated entities
  • Spreads can widen during high volatility on Standard account
  • No cTrader or TradingView integration

Real User Feedback (2026)

  • Trustpilot Rating: ⭐ 4.2 / 5 (varies by region)
  • Common Praise:
    • “Reliable withdrawal system with USDT”
    • “Good for high-frequency scalping under ECN”
  • Common Complaints:
    • “Spreads wider than advertised on Standard”
    • “Customer support can be slow during peak hours
    • “Confusion over which entity regulates my account”

Is Multibank a Good Broker in 2026?

Yes — for traders seeking regulated ECN access, fast funding, and copy trading.
The broker is especially strong in Dubai, MENA, and Asia, offering DFSA-compliant options and crypto flexibility. Traders should confirm the entity they are onboarded with and choose the ECN or Pro account for optimal pricing.

Key Takeaways

  • Multibank is a multi-regulated global broker, trusted across MENA, Asia, and Europe
  • Offers tight ECN spreads, Islamic accounts, and crypto funding
  • MetaTrader-only access, with enhanced mobile tools in 2026
  • Recommended for traders seeking DFSA regulation, copy trading, and fast withdrawals

Frequently Asked Questions

Is Multibank a regulated broker?

Yes, Multibank is regulated by DFSA (UAE), ASIC (Australia), BaFin (Germany), and FSC (BVI), among others.

Does Multibank offer ECN trading?

Yes, Multibank’s ECN account offers raw spreads from 0.0 pips with $3 commission per lot.

Can I trade crypto with Multibank?

Yes, crypto trading and funding (e.g., USDT) are available under offshore and DFSA entities.

Is Multibank available in the UAE?

Yes, Multibank is licensed by DFSA and has an operational presence in Dubai DIFC.

Does Multibank support Islamic accounts?

Yes, Multibank offers swap-free Islamic accounts upon request.

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