MultiBank Group offers MT4, MT5 and the MultiBank App with a $50 minimum deposit and access to 20,000+ instruments. The group holds licences from regulators including ASIC, BaFin and MAS, with international clients served by offshore entities.
Spreads from
1.5 pips
Commission
$0 (spread-only)
Min deposit
$50
Established
2005
Regulated by
ASIC · BaFin · MAS (Singapore) · FMA (Austria) · ESCA (UAE) · CIMA · FSC (BVI) · VFSC (Vanuatu) · TFG (Tianjin Financial Government) · Hong Kong Customs and Excise (MSO)
Written byLaverlane Team·Updated8 Nov 2026
Researched with AI assistance and verified by our editors
Regulation
MultiBank Group is regulated by 11 financial regulators across five continents, but international clients are served by offshore entities.
Group entities include MEX Australia Pty Ltd (ASIC, AFSL 416279), MEX Asset Management GmbH (BaFin, BaFin-ID 10119375) and its Austrian branch (notified to the FMA, commercial register no. 491129z), MEX Global Markets PTE LTD (MAS, CMS101174) and MEX Global Financial Markets (UAE SCA, 1068656)
On 30 June 2025, the UAE Securities and Commodities Authority (SCA) published a warning stating that MEX Atlantic Corporation, the group's main offshore client-facing entity, isn't licensed to carry out activities regulated by the SCA. The warning also appears on IOSCO's I-SCAN alerts network. Check your local regulator's warning list before you open an account, especially if you live in the UAE.
Key facts
MultiBank Group was established in California in 2005.
Client-facing entity
MEX Atlantic Corporation
Regulators
ASIC, BaFin, MAS (Singapore), FMA (Austria), ESCA (UAE), CIMA, FSC (BVI), VFSC (Vanuatu), TFG (Tianjin Financial Government), Hong Kong Customs and Excise (MSO)
Restricted countries
US, JP, HK, IR, KP
Negative-balance protection
jurisdiction-only
Minimum deposit
$50
Max leverage (offshore entity)
1:1000
Max leverage
EU Retail 1:30
Max leverage (Australia)
1:30
Platforms
MT4, MT5, Proprietary, MT4/MT5 WebTrader
Account currencies
USD, EUR, GBP, AUD
MultiBank Group says it has paid-up capital of more than $322 million, more than 2 million clients in 100 countries, 25+ offices and daily turnover of more than $35 billion. These are the company's own figures.
The group offers more than 20,000 instruments across forex, metals, shares, indices, commodities and digital assets.
Best for
Pros & cons
Fund safety
Client funds are segregated, with Lloyd's insurance on the main offshore entity.
The group states that it keeps client money in separate accounts from company funds. All MEX Atlantic Corporation clients are covered by an excess of loss insurance policy with Lloyd's of London of up to US$1,000,000 per account. This is a private insurance policy that can pay out if the broker fails and your losses go beyond what's normally protected.
This insurance is not a statutory scheme, and offshore entities have no statutory investor compensation.
Account terms
Account terms vary by the entity you join.
MultiBank Group publishes its privacy policy, terms and conditions, risk warning and swap-free agreement, and provides fund withdrawal forms for each regulated entity.
An inactivity fee of $60 a month applies after 90 days without activity.
Costs
Costs depend on the account, from spread-only Standard to raw-spread ECN.
The Standard account offers floating spreads from 1.5 pips with no commission, and the Pro account from 0.8 pips. The ECN account offers raw spreads from 0.0 pips with a commission of $6 per lot round turn ($3 per side).
Spreads and swaps are variable and change with real-time market conditions, so live costs should be checked in the trading platform. MultiBank Group charges no broker fee on deposits or withdrawals, though intermediary banks may charge for wire transfers.
Markets
The broker offers more than 20,000 instruments.
Forex CFD
55 pairs
Index CFD
20 indices
Commodity CFD
Metals, energies, softs
Single-Stock CFD
20000 shares
Crypto CFD
Available ✓
Real ownership: Stocks / ETFs
N/A for this broker, CFDs only
Products include more than 55 forex pairs, 20+ indices, 15+ commodities such as gold, silver, oil and natural gas, more than 20,000 share CFDs across US, European and Hong Kong markets, and 20+ crypto CFDs including Bitcoin, Ethereum, Litecoin and XRP.
You don't own the underlying assets when trading CFDs.
Platforms
Trading runs on MT4, MT5 and the MultiBank App.
All three account types are available on MetaTrader 4 and MetaTrader 5, with web trader versions of both, plus the MultiBank App. MetaTrader supports Expert Advisors and social trading.
A FIX API is available for institutional and high-volume clients.
Execution
MultiBank Group promotes instant execution, but details vary by entity.
The broker describes instant execution and pricing from top-tier banks and prime brokers. We couldn't find a published order execution policy or execution statistics on the pages we reviewed.
Check the legal documents for your entity during account opening.
Leverage
Leverage reaches 1:1000 on the main accounts.
Standard, Pro and ECN accounts list leverage of up to 1:1000, far above the 1:30 retail cap in Australia and the EU. The group homepage also highlights leverage of up to 1:500.
Margin call is triggered at 100% and stop-out at 50%. Clients of the ASIC and EU-regulated entities are subject to local retail leverage limits.
Account types
MultiBank Group offers Standard, Pro, ECN and Islamic accounts.
| Account | Min deposit | Commission | Swap | Spread | Demo | Islamic |
|---|---|---|---|---|---|---|
| Standard | $50 | Spread-only | Standard swaps apply | From 1.5 pips · Variable | Yes | Yes |
| Pro | $1000 | Spread-only | Standard swaps apply | From 0.8 pips · Variable | Yes | Yes |
| ECN | $10000 | $6 per lot round turn | Standard swaps apply | From 0 pips · Variable | Yes | Yes |
The Standard account requires $50, the Pro account $1,000 and the ECN account $10,000. All three are available on MT4 and MT5 with social trading and 24/7 support.
An Islamic, swap-free account option is also available.
Funding
Funding options include cards, bank transfer and crypto.
You can fund your account with credit and debit cards, local online payment channels, bank and wire transfers, SEPA and crypto deposits in BTC, USDT ERC20 and USDT TRC20.
Withdrawals are requested through the client portal or a fund withdrawal form for your regulated entity.
Support
Customer support is available 24/7.
MultiBank Group offers 24/7 customer service via live chat, WhatsApp and email at cs@multibankfx.com, with support in more than 12 languages, including English, Thai, Chinese, Arabic, Spanish, Vietnamese and Tagalog.
Research includes daily market analysis, an economic calendar and Autochartist, and education covers trading webinars, video tutorials and forex and CFD guides.
Availability
Availability and protections depend on your country of residence.
MultiBank Group operates entities across five continents and assigns clients to an entity based on where they live. It doesn't accept clients from the United States, Japan, Hong Kong, Iran or North Korea.
Check which entity your account will be opened with during registration.
Verdict
MultiBank Group is a long-established broker group founded in 2005, with licences from 11 financial regulators, including ASIC, BaFin and MAS. International clients are typically onboarded through offshore entities such as MEX Atlantic Corporation, whose accounts carry Lloyd's insurance of up to US$1,000,000 but no statutory compensation scheme, and leverage reaches 1000:1. It suits MetaTrader traders who want a broad product range and understand which entity holds their account.
MultiBank Group may suit you if you trade on MT4 or MT5, want access to a very wide range of instruments and value Lloyd's insurance cover. It is less suitable if you need your account held by a Tier-1 regulated entity or want low leverage limits.
Forex and CFD traders, EA users and multi-asset traders who are comfortable with high leverage and checking which group entity they join. Newer traders who want strict leverage caps and statutory protection should confirm they are onboarded by a Tier-1 regulated entity.
FAQ
MultiBank Group is a financial derivatives provider established in California in 2005. It reports more than 2 million clients across 100 countries and offers more than 20,000 instruments on MT4, MT5 and the MultiBank App. The group operates through regulated entities across five continents.
MultiBank Group is a registered trade name of MEX Group Worldwide Limited, based at 99 Queens Road, Central, Hong Kong. The group is chaired by Mr Taher, who has led its growth since its founding in 2005. Its trading entities include MEX Atlantic Corporation, MEX Australia Pty Ltd and MEX Global Markets PTE LTD.
MultiBank Group keeps client money in segregated accounts, separate from company funds. Clients of MEX Atlantic Corporation are covered by Lloyd's of London excess of loss insurance of up to US$1,000,000 per account. Protection depends on the entity you join, as offshore entities carry no statutory compensation scheme.
MultiBank Group withdrawals are typically processed within one to two business days. Requests are submitted through the client portal or a fund withdrawal form for your regulated entity. The time to receive funds also depends on your payment method and bank.
The minimum deposit at MultiBank Group is $50 for the Standard account. The Pro account requires $1,000 and the ECN account $10,000. All three accounts are available on MT4 and MT5.
Alternatives
Eightcap offers CFDs on 850+ markets through TradingView, MetaTrader 4, MetaTrader 5 and TradeLocker, with a Raw account that starts from 0.0 pips. Clients outside the regulated regions contract with Eightcap Global Limited in The Bahamas, which carries no statutory compensation scheme.
Octa offers swap-free forex and CFD trading on OctaTrader, MetaTrader 4 and MetaTrader 5, with no trading commission and a $25 minimum deposit. Accounts on octabroker.com are with Versustrategy Inc, registered in Saint Lucia, and the legal documents page lists no financial regulator.
JustMarkets offers leverage of up to 1:3000, swap-free trading and MT4, MT5 and its own app, but international clients contract with an offshore Seychelles entity without a statutory compensation scheme.
FXCM offers forex and CFD trading on Trading Station, MetaTrader 4 (MT4) and TradingView. Accounts on the international website are with Stratos Global LLC, an offshore entity in St Vincent and the Grenadines that sits outside the group’s regulated companies.
ThinkMarkets offers ThinkTrader, TradingView, MT4 and MT5 with 4,000+ instruments and leverage of up to 1:500 on Standard and ThinkZero accounts. International clients contract with a Seychelles-licensed entity.
IronFX operates as a retail CFD broker providing high leverage up to 1:1000 on MetaTrader 4, but international clients contract through an offshore entity without statutory compensation protection.
CFI Financial offers MT5, TradingView and its own app with no minimum deposit and leverage of up to 1:500. International clients trade with CFI International Ltd, licensed in Mauritius.
EC Markets offers MT4, MT5 and its own app with a $10 minimum deposit on STD and ECN accounts and leverage of up to 1:1000. International clients trade with the Mauritius-licensed entity.
General CFD risk warning
CFDs are complex leveraged products and carry a high risk of rapid losses. They do not give you ownership of the underlying asset. Depending on your jurisdiction, broker entity and client classification, protections such as leverage limits and negative-balance protection may differ or may not apply. Where negative-balance protection is not provided, losses may exceed the funds you deposit. You should consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
Disclaimer
This page is provided for general information only. Nothing on this page constitutes investment, tax or trading advice, or a recommendation to open an account or trade with a particular broker. Laverlane does not provide personalised investment advice. We are not a broker or financial institution, we do not arrange or execute trades, and we do not hold client funds.
Broker availability, spreads, fees, leverage, products and legal protections, including compensation schemes and negative-balance protection, vary by the broker’s legal entity, your country of residence and your client classification, and may change over time. Where a broker is required to publish its retail CFD loss rate, that figure is shown on its review page. Spreads shown are typical figures as at our verification date; they are not guaranteed and may widen, particularly during volatile market conditions.
Laverlane Scores reflect the information available at our most recent review. They are editorial assessments, not guarantees of a broker’s financial strength, reliability or future performance. Where we report a regulator warning or enforcement notice, it reflects the official public information available at the time of our review.
Links to brokers take you outside Laverlane. We are not responsible for a third-party website’s content, privacy practices, security or handling of any data you provide. Our research may be compiled with AI assistance and is checked by our editorial team against available sources before publication.
Always verify the broker’s current terms, regulatory status, product availability and eligibility directly with the broker before opening an account or depositing funds.