MultiBank Group
Licensed across five continents, ECN-focused multi-asset broker
FXPARTNER Score
Very Good
MultiBank Group was established in 2005, relocated its headquarters from Hong Kong to Dubai in 2022, and its group companies operate under regulators across five continents including ASIC (416279), BaFin (10119375), CySEC (430/23), MAS (CMS101174), and UAE SCA (20200000045). The cost side diverges sharply depending on the account type: the standard account opens with 50 $, but spreads start from 1.5 pips, and an ECN account with a minimum of 5.000 $ is required for truly tight spreads. There is no cent/micro account, and an inactivity fee of 60 $ is charged for accounts with no trading activity for 3 months.
Regulation and Fund Safety
MultiBank Group holds 8 regulatory licenses: ASIC, BaFin, CySEC, MAS, SCA (BAE), CIMA, FMA (Avusturya) and VARA (Dubai). ASIC and CySEC Tier-1 authorities — these require segregation of client funds and minimum capital reserves, and in some countries also support a compensation scheme if the broker goes bankrupt. The remaining licenses are offshore; this usually means lighter capital requirements and no investor compensation scheme behind them.
