Item: MultiBank
Rating: 7.23
Author: Oleg Tkachenko

Brief Look at MultiBank

Established in 2005, MultiBank Group has successfully stamped its authority in the world of trading. It has a valid impact in the foreign exchange industry with providing exemplary products, services, and trading platforms. With a paid-up capital of over $322 million, MultiBank Group is recognized as one of the largest only financial derivatives providers worldwide.

The Group is closely supervised by 11 financial regulators worldwide across various jurisdictions, what ensures investor protection. Entities regulated by SCA (20200000045), MAS (CMS101174), CySEC (430/23), ASIC (416279), AUSTRAC (100724469), BaFin (HRB 73406), FMA (491129z), FSC (SIBA/L/14/1068), CIMA (1811316), TFG, VFSC (700443).
20,000+ CFD Products across six asset classes including Forex, Metals, Commodities, Indices and Cryptocurrencies
Lowest spreads, starting from 0.0* pips on Forex, and $0.07 on Gold.
Multi-lingual Expert Customer support 24/7
Guaranteed funds withdrawals within 24 hours
Zero commission trading and negative balance protection

the ability to trade from professional ECN accounts with floating spreads from 0.1 pips;
popular trading platforms MT4 and MT5, mobile applications and web terminals compatible with various OS and browsers;
several options for passive earnings including a service for copying trades, PAMM accounts, free MAM, EA, VPS, API and an affiliate program.
ECN start from 0 pips.

lack of micro (cent) accounts;
trading restrictions on scalping;

MultiBank Key Parameters Evaluation

6.82/10

MultiBank Summary

7.6

Trading Account Opening

Regulation and Safety

6.0

Commissions and Fees

6.3

Account Types

7.9

Deposit and Withdrawal

6.0

Investment Options

7.1

Customer Support

4.5

Education

MultiBank Summary

Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

MultiBank trading parameters
Trading platform	MT4, MT5, WebTrader, Mobile app
Accounts	Pro, ECN, Standard, Demo
Account currency	USD, GBP, EUR, CHF, AUD, AED, NZD, CAD
Replenishment / Withdrawal	Bank transfer, Debit/Credit card, Electronic wallet, Cryptocurrency
Minimum deposit	$50
Leverage	Up to 1:500
PAMM-accounts
Min Order	0.01
Spread	0,3 pips
Instruments	Forex, Metals, Shares, Indices, Commodities, Cryptocurrencies
Margin Call / Stop Out	50%
Liquidity provider
Mobile trading
Affiliate program
Orders execution	Market Execution
Trading features	Allows crypto CFD trading; Social Trading; Trading Bonuses; Trust management; Accrual of % on the balance.
Contests and bonuses	20% bonus

MultiBank Group’s trading conditions will vary according to the trading account or platform used. Orders will be executed in accordance with trading conditions or spreads at the time. MultiBank Group provides stop-out level, where trading platforms are set to automatically close positions whenever such level is reached. With a low minimum deposit and a leverage of up to 1:500, clients can implement a high number of trading strategies to multiply their profits. According to trading conditions, the minimum spread starts at 0.0* pips on FX.

User Satisfaction i

Score:

8.4/10

Share your experience

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zo9takatso

7 weeks ago

MultiBank offers a wide range of platforms — MT4, MT5, WebTrader, and a mobile app — making it convenient for traders with different styles. The minimum deposit is $50, and spreads start from 0.3 pips on major currency pairs. One of MultiBank’s strengths is its extensive range of instruments: over 20,000 CFDs on currencies, stocks, indices, metals, commodities, and cryptocurrencies. Leverage of up to 1:500 allows for aggressive position building, though new clients should be mindful of the associated risks. Funding and withdrawals are available in over six account currencies with a variety of methods, including cards, e-wallets, and cryptocurrencies. Withdrawal fees aren’t always clearly stated, so it’s best to check the terms for your selected method in advance.

Responses to a comment

trumpetvichamarn to zo9takatso

3 weeks ago

The main advantages of the platform are well presented — MultiBank does stand out for its wide range of available instruments and extensive platform lineup. Many traders find it convenient to work with both desktop and mobile apps. Leverage up to 1:500 allows for a variety of strategies, though I agree that beginners should approach risk management carefully. As for deposits and withdrawals, the broad selection of account currencies and funding methods is a plus, but there can be nuances with fees — it’s worth reviewing the terms in advance to avoid surprises.

ammame

29 weeks ago

Multi Bank offers a number of passive earning options, such as transaction copy service, PAMM accounts, free MAM, expert advisors, VPS, API and affiliate program. This is a great help for beginners who want to start making money without jumping straight into complex strategies. I've tried out a few of these tools myself, and they've helped me get to grips with the system more quickly. But like any business, there are downsides. While the features are impressive, there are occasional little flaws in the service. MultiBank is a good choice, but it's hard to call it perfect.

Multi Bank offre de nombreuses options de gains passifs telles que le service de copie de transactions, les comptes PAMM, le MAM gratuit, les conseillers experts, le VPS, l'API et le programme d'affiliation. Il s'agit d'une aide précieuse pour les débutants qui souhaitent commencer à gagner de l'argent sans se lancer directement dans des stratégies complexes. J'ai moi-même essayé quelques-uns de ces outils, et ils m'ont aidé à me familiariser plus rapidement avec le système.
Mais comme toute entreprise, il y a des inconvénients. Alors que les fonctionnalités sont impressionnantes, il y a de temps en temps de petites failles dans le service. MultiBank est un bon choix, mais il est difficile de le qualifier de parfait.

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dineshbabuindia

29 weeks ago

MultiBank offers everything you need to trade comfortably: the popular MT4 and MT5 platforms, mobile apps and web terminals that run smoothly and are compatible with different devices and browsers. MT4 is my favorite platform and it's perfectly implemented here: fast execution, all the necessary indicators and user-friendly interface. The only frustrating thing is the restriction on scalping trading. For those who prefer this style of trading, this can be a nuisance. But for medium- to long-term strategies, the platform is ideal.

MultiBank offre tout ce dont vous avez besoin pour trader confortablement : les plateformes populaires MT4 et MT5, les applications mobiles et les terminaux web qui fonctionnent sans problème et sont compatibles avec différents appareils et navigateurs. MT4 est ma plateforme préférée et elle est parfaitement mise en œuvre ici : exécution rapide, tous les indicateurs nécessaires et interface conviviale. La seule chose frustrante est la restriction du trading sur le scalping. Pour ceux qui préfèrent ce style de trading, cela peut être gênant. Mais pour les stratégies à moyen ou long terme, la plateforme est idéale.

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maxlee

31 weeks ago

MultiBank offers the possibility of trading from professional ECN accounts, where floating spreads start at 0.1 pips - an excellent solution for those seeking precise execution and low costs. However, the lack of micro accounts can be a drawback for beginners who want to start with minimal risk. However, the conditions here are aimed at those who are already serious about trading.

MultiBank offre la possibilité de trader à partir de comptes ECN professionnels, où les spreads flottants commencent à 0,1 pips - une excellente solution pour ceux qui recherchent une exécution précise et des coûts faibles. Cependant, l'absence de micro-comptes peut être un inconvénient pour les débutants qui veulent commencer avec des risques minimes. Cependant, les conditions ici sont destinées à ceux qui sont déjà sérieux dans le trading.

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srinjoy

1 year ago

I think that MultiBank is a reliable and normal broker. Ask why? Because my money was drained with another company, and when I registered and started trading with MultiBank I had no problems. The quotes are real, and most importantly, I managed to earn $300 in 2 months with a deposit of $2,000, although I’m not that experienced. I think I’ll continue trading here and if anything changes — I’ll let you know.

moneyvga

1 year ago

I recommend working with MultiBank to everyone, and for novice traders I recommend trading on a demo account until you learn how to trade profitably. For normal trading, MultiBank requires a sufficient deposit. But with a small deposit there is absolutely nothing to do in the financial market. The platform is normal and with a good strategy you can make money here.

rett444

1 year ago

I’ve been trading with multibank for about a year. At first I started with a small deposit, as I wanted to check the conditions and had doubts about withdrawals. Yes, the first withdrawal was delayed for several days, but subsequent ones were without problems — withdrawals arrived on the day of requests. Personally, I have no problems with MultiBank, perhaps because I trade honestly and not aggressively.

Trading Account Opening

Score:

7.55/10

Opening an account with MultiBank Group is easy and straightforward. They accept clients from all over the world, however, there are some exceptions such as the USA or Hong Kong. The required minimum deposit varies between $50 and $5000 depending on the account type.

Clients will only need to register their email, fill in the required forms and scan and submit the required documents in around 20 minutes.

Clients will have to follow the next steps to open a live account with MultiBank Group:

Select the regulator.
Choose account type.
Add personal information, email address and country of residence.
Complete Trading Assessment.
Verify your identity and residency.

MultiBank - How to Open an Account | Firsthand Experience of Traders Union

MultiBank tested by Rinat Gismatullin

Can MultiBank be trusted and safe?

Score:

10/10

MultiBank has a safety score of 10/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Tier-1 regulated
Negative balance protection
Track record over 40 years

Strict requirements and extensive documentation to open an account

MultiBank Security Factors
Foundation date	1985
Negative balance protection
Verification (KYC)

Commissions and Fees

Score:

6/10

The trading and non-trading commissions of broker MultiBank have been analyzed and rated as Medium with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, FBS and FxPro, to provide the most comprehensive information.

Tight EUR/USD market spread
No deposit fee
No withdrawal fee

Above-average Forex trading fees
Inactivity fee applies

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of MultiBank with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, MultiBank’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

MultiBank Standard spreads
	MultiBank	FxPro	Dukascopy
EUR/USD min, pips	0,1	0.9	0.1
EUR/USD max, pips	0.5	1.7	0.3
GPB/USD min, pips	0.1	1.2	0.1
GPB/USD max, pips	0.7	1.4	0.5

RAW/ECN Account Commission And Spread

The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

MultiBank Standard spreads
	MultiBank	FxPro	Dukascopy
Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency).	3	3	2
EUR/USD avg spread	0.3	0,2	0.3
GBP/USD avg spread	0,4	0,2	0,4

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with MultiBank. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

MultiBank Non-Trading Fees
	MultiBank	FxPro	Dukascopy
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0	0-2,5
Withdrawal fee, USD, % The indicated amount does not include possible fees from payment systems and banks.	1	0	0-2,5
Inactivity fee ($, per month)	60	15	8,33

Account Types

Score:

6.29/10

MultiBank offers Standard, ECN, and Swap-Free (Islamic) accounts, along with a demo account for risk-free practice. This selection covers the needs of most traders, providing both traditional and direct market access options. However, the broker does not offer Micro or Cent accounts, which may limit choices for traders working with very small volumes.

MultiBank account types

Available account types
Standard A general trading account suitable for most traders, offering access to a variety of markets with standard spreads and conditions.		ECN Provides direct market access with raw spreads and low latency execution. Typically requires a commission per trade instead of a spread markup. Suitable for high-frequency and professional traders.
Swap Free Eliminates overnight interest (swap) charges. Designed for traders following Islamic finance principles.		Micro Trading with micro-lots (0.01 lot = 1,000 units). Reduced capital requirements and risk. Ideal for beginners and strategy testing. Availability and conditions vary by broker.
Cent Operates with cent-denominated balances (1 USD = 100 cents) for trading micro-lots (0.01 lot = 1,000 units). Suitable for beginners and low-risk strategies.		Demo Enables risk-free trading with virtual funds. Conditions may vary by broker.
VIP Offers premium services, lower fees, and dedicated support. Requirements vary by broker.		Managed A professional handles trading on behalf of the investor. Risks and fees depend on the provider.

Available account types
Standard A general trading account suitable for most traders, offering access to a variety of markets with standard spreads and conditions.
ECN Provides direct market access with raw spreads and low latency execution. Typically requires a commission per trade instead of a spread markup. Suitable for high-frequency and professional traders.
Swap Free Eliminates overnight interest (swap) charges. Designed for traders following Islamic finance principles.
Micro Trading with micro-lots (0.01 lot = 1,000 units). Reduced capital requirements and risk. Ideal for beginners and strategy testing. Availability and conditions vary by broker.
Cent Operates with cent-denominated balances (1 USD = 100 cents) for trading micro-lots (0.01 lot = 1,000 units). Suitable for beginners and low-risk strategies.
Demo Enables risk-free trading with virtual funds. Conditions may vary by broker.
VIP Offers premium services, lower fees, and dedicated support. Requirements vary by broker.
Managed A professional handles trading on behalf of the investor. Risks and fees depend on the provider.

Deposit and Withdrawal

Score:

7.9/10

MultiBank received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

MultiBank provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

Wide variety of deposit and withdrawal options, reducing costs
Bitcoin (BTC) accepted
Low minimum withdrawal requirement
No deposit fee

BTC not available as a base account currency
Wise not supported
PayPal not supported

What are MultiBank deposit and withdrawal options?

MultiBank provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, Neteller, BTC, USDT.

MultiBank Deposit and Withdrawal Methods vs Competitors
	MultiBank	FxPro	Dukascopy
Bank card
PayPal
Wise
BTC

Does MultiBank Charge Deposit and Withdrawal Fees?

Traders Union compared MultiBank's deposit and withdrawal fees with those of two of its competitors.

MultiBank Deposit and Withdrawal Fee
	MultiBank	FxPro	Dukascopy
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0	0-2,5
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.	0	0	0-2,5

What are MultiBank base account currencies? Base account currencies are the primary currencies in which trading accounts are denominated. They determine the currency used for deposits, withdrawals, and calculating account balances.Using a base currency that matches a trader's local currency can help avoid unnecessary conversion fees.

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. MultiBank supports the following base account currencies:

USD

EUR

GBP

AUD

CAD

CHF

NZD

BTC

AED

What Are MultiBank's Minimum Deposit and Withdrawal Amounts?

The minimum deposit on MultiBank is $50, while the minimum withdrawal amount is $1. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact MultiBank’s support team.

Investment Options

Score:

8.6/10

MultiBank Group services an extensive client base of over 320,000 clients across the globe. The Group provides an extensive range of 20,000+ financial products across various asset classes including Forex, Metals, Commodities, Indices, Shares and Cryptocurrencies. In addition, MultiBank Group offers opportunities for clients who are seeking additional income by its Partnership Programs.

The Group provides an excellent opportunity for traders to join and trade via a social network and profit from the knowledge of trading experts. They can earn passive income by copying transactions of successful traders or, conversely, become a signal provider.

MultiBank investment options

Available investment options
Copy trading Allows traders to automatically replicate the trades of experienced investors. Performance and risks depend on the chosen strategy and provider.		Managed A professional trader or fund manager executes trades on behalf of the investor. Fees, strategies, and risks vary by provider.
PAMM A Percent Allocation Management Module (PAMM) account pools investor funds under a manager’s control, with profits and losses distributed proportionally. Terms depend on the broker and manager.		Affiliate program Traders earn commissions by referring new clients to a broker. Payouts and conditions vary based on the broker’s affiliate structure.

Available investment options
Copy trading Allows traders to automatically replicate the trades of experienced investors. Performance and risks depend on the chosen strategy and provider.
Managed A professional trader or fund manager executes trades on behalf of the investor. Fees, strategies, and risks vary by provider.
PAMM A Percent Allocation Management Module (PAMM) account pools investor funds under a manager’s control, with profits and losses distributed proportionally. Terms depend on the broker and manager.
Affiliate program Traders earn commissions by referring new clients to a broker. Payouts and conditions vary based on the broker’s affiliate structure.

Customer Support

Score:

7.14/10

Information
MultiBank Group’s multilingual 24/7 client support service is ready to assist clients around the clock.

There are several ways to contact support:

Live chat: Can be found on their website. It can be very useful as the questions are answered quickly and efficiently.
Phone support: Extremely helpful with guidance and approach to solving greater issues. Clients can reach phone support in several languages via local phone numbers
Email: Also, very efficient. All emails are answered effectively within 24 hours

Contacts
Foundation date	1985
Registration address	200 Gloucester Road, Wan Chai, Hong Kong
Regulation	SCA, MAS, CySEC, ASIC, AUSTRAC, BaFin, FMA, FSC, CIMA, TFG, VFSC Licence number: 20200000031, CMS101174, 430/23, 416279, 100724469, HRB 73406, 491129z, SIBA/L/14/1068, 1811316, 120000400121019, 700443
Official site	https://multibankfx.com
Contacts	cs@multibankfx.com

Education

Score:

4.47/10

Information
MultiBank Group does not provide training materials, trading academy, training videos or learning resources.

TU Expert Advice: Is MultiBank Worth the Try?

MultiBank Group is a comprehensive broker catering primarily to professional traders with its extensive asset range and trading options. With regulation from 11 authorities worldwide, the company ensures a secure trading environment. It offers low spreads starting from 0.0 pips, multiple account types, and trading platforms like MT4 and MT5, which are advantageous for experienced traders. However, beginners may find the absence of micro accounts and restrictions on scalping limiting. While suitable for those using complex strategies and varied portfolios, MultiBank's avoidance of platforms outside MT solutions could deter traders seeking more flexibility. With client support available 24/7, it offers robust service but lacks educational materials, posing challenges for novice clients.

Trade with this broker, if:

You require honest spreads without additional expenses. MultiBank's standard account offers spreads starting from 1.5 pips, while on the Pro account, they begin at 0.8 pips, and there is no trading fee in either case. On the ECN account, spreads are zero, but a fee is charged.

You are accustomed to creating diversified portfolios from various types of assets. The broker's pool includes over 20,000 financial instruments, including currency pairs, stocks, indices, metals, commodities, and cryptocurrencies.

Do not trade with this broker, if:

You dislike MT solutions. MultiBank clients can only trade through MetaTrader 4 and MetaTrader 5 platforms. The platform does not support cTrader, RTrader, or any other alternative software.

You do not accept trading restrictions. Traders working with the company can’t use certain common strategies, such as scalping.

Latest MultiBank News

MultiBank Group offers chance to win latest iPhone

MEX Atlantic, part of the globally recognized MultiBank Group, has announced a new promotion offering verified traders the opportunity to win the

Olga Shendetskaya

07.07.2025

MultiBank Group wins asset tokenization award at Dubai Expo

28.05.2025
MultiBank honored for ECN excellence at Dubai Forex Summit

20.05.2025
MultiBank signs $3 billion real estate tokenization deal with MAG

02.05.2025

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Team that worked on the article

Oleg Tkachenko is an economic analyst and risk manager having more than 14 years of experience in working with systemically important banks, investment companies, and analytical platforms. He has been a Traders Union analyst since 2018. His primary specialties are analysis and prediction of price tendencies in the Forex, stock, commodity, and cryptocurrency markets, as well as the development of trading strategies and individual risk management systems. He also analyzes nonstandard investing markets and studies trading psychology.

Learn about our editorial policies

Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).

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