MultiBank Group posts record-breaking 2024 earnings amid global expansion
MultiBank hits $361.8M in 2024 revenue
MultiBank Group has reported historic financial results for 2024, reaffirming its position as one of the world’s leading players in the financial derivatives market.
According to information published on Business Wire, the Dubai-headquartered company posted record growth across all key metrics — revenue, profit, and profitability — driven by strong operational efficiency and rising global demand.
According to its latest audited report, MultiBank Group’s revenue reached $361.8 million in 2024, marking an 18% increase from $306.6 million in 2023. EBITDA rose even further — by 24.5% — to $284.9 million, up from $228.7 million the previous year. Net profit also saw a 16% year-over-year increase, reaching $264 million — a result of effective cost management and consistent returns.
Founder and Chairman Naser Taher commented on the achievement, calling it the result of “relentless pursuit of excellence” and the strong trust from the Group’s global client base. “Our exceptional financial results are a testament to our ongoing commitment to excellence, innovation, and client trust. As we continue to expand globally, we remain dedicated to delivering world-class financial solutions that empower traders and institutions around the world,” he said.
Global reach and key operational metrics
Today, MultiBank Group processes over $25.6 billion in daily trading volume and serves more than 2 million traders across 100 countries. The company is regulated by 17 financial authorities worldwide, underscoring its strong compliance standards and international reputation.
A key factor behind the Group’s impressive performance has been its investment strategy in proprietary trading platforms and accessible financial products. These offerings enable both retail and institutional clients to trade efficiently across global markets.
Future development and strategic focus
Amid rapid technological evolution, MultiBank Group continues to expand its presence in strategic regions and drive innovation. The results for 2024 set a new benchmark for profitability and resilience in the global trading industry.
Looking ahead, the company plans to further strengthen its technological infrastructure and expand its suite of digital financial solutions to meet the evolving needs of traders worldwide.
Notably, MultiBank Group was recently named “Best Forex Trading Mobile App” for its MultiBank Plus platform at the Qatar Financial Expo 2025 in Doha.
