Why Pick MultiBank Group

MultiBank Group is one of the rare international brokers that calls Dubai home. Founded in 2005 and headquartered in the UAE, it holds licences from 15+ financial regulators across five continents — including the UAE’s Securities and Commodities Authority (CMA, licence 20200000045) and the Virtual Assets Regulatory Authority (VARA, licence VL/24/06/001) for crypto services. With a paid-up capital exceeding $322 million, over 2 million clients globally, and 25 offices worldwide, MultiBank has grown into one of the largest financial derivatives institutions in the world.

The broker offers access to over 20,000 CFDs across forex, stocks, indices, commodities, and crypto through MT4, MT5, and its proprietary MultiBank-Plus platform — which features TradingView-powered charting, integrated social trading, and a clean mobile-first design. The ECN account delivers raw spreads from 0.0 pips with a $3 per lot per side commission ($6 round turn), while the Standard and Pro accounts offer commission-free trading. For UAE clients specifically, MultiBank has partnered with Al Ansari Exchange to offer cash deposits and withdrawals through its extensive branch network — a local convenience that no other international broker matches. Social and copy trading is built into the platform. Islamic swap-free accounts are available. Free VPS hosting supports algorithmic traders. And 24/7 multilingual support includes Arabic, WhatsApp, and live chat.

For traders who want a broker that is genuinely rooted in the UAE — with local regulation, local offices, local payment partnerships, and Arabic-first support — MultiBank Group is one of the strongest options available.

MultiBank Group

Best For Forex, CFDs, stock CFDs, indices, commodities, crypto

Recommended ForUAE traders seeking locally headquartered broker with CMA regulation, Arabic support, ECN pricing, and social trading

Open Account

All trading involves risk ⓘ

More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

Best For Forex, CFDs, stock CFDs, indices, commodities, crypto

Recommended ForUAE traders seeking locally headquartered broker with CMA regulation, Arabic support, ECN pricing, and social trading

• Trader Level Beginner–Advanced
• Number of Users 2M+ clients globally
• Number of Instruments 20,000+ CFDs
• Base Currencies USD, EUR, GBP, CHF, AUD, NZD, CAD

4,6 / 5

Overall score

See Overall Score Breakdown

• Web trading platform4.5

• Fees4.5

• Mobile App4.5

• Deposit and withdrawal 4.5

• Available assets5.0

• Account opening5.0

• Education and Research 4.0

• Support5.0

• Overall rating4.6

Visit Interactive Brokers

All trading involves risk ⓘ

More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

MultiBank Group is a Dubai-headquartered, CMA + VARA regulated broker with $322M+ in paid-up capital and 15+ global licences. It offers 20,000+ CFDs through MT4, MT5, and its proprietary MultiBank-Plus platform (with TradingView-powered charts), ECN raw spreads from 0.0 pips, $1M Lloyd’s insurance per account, and unique UAE features including Al Ansari Exchange cash deposits, Islamic accounts, and 24/7 Arabic support.

Overall Pros & Cons

See how the best brokers in United Arab Emirates compare to MultiBank Group

The comparison below contrasts MultiBank against two popular alternatives for active forex and CFD traders. IC Markets is the established ECN broker with similar raw-spread pricing and global reputation. Pepperstone is the DFSA-licensed raw-spread specialist.

MultiBank offers a tiered fee structure designed to suit traders at every level. The ECN account is the standout for active traders: raw spreads from 0.0 pips with a competitive $3 per lot per side commission ($6 round turn) — lower than the industry standard of $7 round turn. The Pro account offers a solid middle ground at 0.8 pips with zero commission. The Standard account provides the simplest entry at 1.5 pips with no commission and a $50 minimum deposit. No deposit or withdrawal fees apply across any account type, and MultiBank does not charge currency conversion fees internally — a genuine advantage for UAE traders depositing in AED through local channels.

Forex Fees

MultiBank’s ECN account delivers competitive raw-spread pricing with a commission that undercuts the industry standard.

Stock CFD Fees

MultiBank offers one of the largest stock CFD selections in the industry — over 14,000 instruments from global exchanges including US, European, and Asian markets. All stock CFDs are spread-based on Standard and Pro accounts.

CFD Fees

Index and commodity CFDs are competitively priced across all account types.

Crypto Fees

MultiBank offers crypto CFD trading with competitive spreads. The VARA licence also enables the group to operate a regulated crypto exchange (MultiBank.io) for underlying crypto asset trading.

Non-trading fees

MultiBank charges no deposit, withdrawal, conversion, or account fees. The main non-trading cost is the inactivity fee, which can be avoided by logging in periodically.

MultiBank Group operates under one of the most extensive regulatory frameworks in the retail brokerage industry, with 15+ licences across five continents. For UAE traders, the broker offers dual local regulation: CMA (Securities and Commodities Authority, licence 20200000045) for traditional trading and VARA (Virtual Assets Regulatory Authority, licence VL/24/06/001) for crypto services. Being headquartered in Dubai — not merely maintaining a branch office — means MultiBank’s operations, management, and compliance teams are locally based.

The $322 million in paid-up capital is among the highest of any retail broker, providing a substantial financial buffer. Client funds are held in segregated accounts, and select entities are covered by a $1 million Lloyd’s of London insurance policy per account — a protection layer that goes beyond what most competitors offer. Negative balance protection applies to all retail clients.

Who is MultiBank Group regulated by?

CMA (UAE, 20200000045), VARA (Dubai, VL/24/06/001), ASIC (Australia), CySEC (Cyprus), MAS (Singapore), BaFin (Germany), FMA (Austria), CIMA (Cayman Islands), FSC (BVI), VFSC (Vanuatu), AUSTRAC (Australia — crypto), TFG (China), and others. UAE clients are served under MEX Global Financial Services LLC (CMA entity).

Is MultiBank Group a safe broker to use?

Yes. MultiBank’s combination of 15+ licences, $322M paid-up capital, Dubai headquarters, $1M Lloyd’s insurance, segregated funds, and 20-year track record creates one of the strongest safety profiles among retail brokers. The CMA licence ensures local UAE regulatory oversight, and the VARA licence adds regulated crypto services.

Is there investor protection for MultiBank Group?

CySEC/EU clients: up to €20,000 via ICF. Select entity clients: up to $1M via Lloyd’s insurance. UAE CMA clients: segregated funds and negative balance protection — no statutory compensation scheme, but the Lloyd’s insurance provides additional coverage.

MultiBank Group Background

Founding: 2005 in California, USA. Relocated headquarters to Dubai.

Founder: Naser Taher (Executive Chairman).

Mission: Provide institutional-grade trading infrastructure with retail accessibility.

Scale: 2M+ clients across 100+ countries. $322M+ paid-up capital. 25 offices worldwide.

Headquarters: Dubai, UAE.

Revenue: $20B+ daily trading volume (broker reported).

Awards: 80+ industry awards including Best Forex Broker Middle East, Best ECN Broker.

Entities: MEX Global Financial Services LLC (CMA), MEX Digital FZE (VARA), MEX Australia Pty Ltd (ASIC), MEX Europe Ltd (CySEC), MEX Global Markets Pte. Ltd (MAS), and others.

Innovation: MultiBank-Plus proprietary platform with TradingView charting, social trading, Al Ansari Exchange partnership, VARA-regulated crypto exchange (MultiBank.io), $MBG utility token.

MultiBank offers one of the most comprehensive funding experiences for UAE traders. No deposit or withdrawal fees apply internally. The standout is the Al Ansari Exchange partnership — UAE clients can walk into any Al Ansari branch and deposit or withdraw cash directly to their trading account. This is a local convenience that no other international broker offers. Additional methods include Visa, Mastercard, UnionPay, bank wire, SEPA, Skrill, Neteller, FasaPay, Perfect Money, and crypto (BTC, USDT ERC20/TRC20). Card and e-wallet deposits are instant; bank wires take 1–3 days. Withdrawals process within 24 hours internally.

Account base currencies

Fees and options for deposits

Fees and options for withdrawal

Account opening is fully digital and straightforward. The Standard account requires just $50 — approximately AED 184 — making it accessible to beginners. UAE clients are onboarded under the CMA entity (MEX Global Financial Services LLC). Emirates ID is accepted for verification. Most accounts are approved within one business day.

Account opening information

What is the minimum deposit at MultiBank Group?

$50 for Standard accounts (approximately AED 184). $1,000 for Pro accounts. $10,000 for ECN accounts.

Account types

Standard Account: $50 minimum. Commission-free with spreads from 1.5 pips. Instant execution. All platforms (MT4, MT5, MultiBank-Plus). Leverage up to 1:500. Best for beginners who want simple all-inclusive pricing.

Pro Account: $1,000 minimum. Commission-free with tighter spreads from 0.8 pips. Instant execution. All platforms. Leverage up to 1:500. Best for intermediate traders who want better pricing without commission complexity.

ECN Account: $10,000 minimum. Raw spreads from 0.0 pips + $3/lot/side commission ($6 round turn). Instant execution. All platforms. Leverage up to 1:500. Includes FIX API and VPS hosting. Best for active traders, scalpers, and algo traders.

Islamic Account: Swap-free variant of Standard or Pro. No overnight interest charges. Available for UAE traders on request. Compliant with Shariah principles.

Demo Account: Virtual funds mirroring live market conditions. Available on all platforms.

MAM/PAMM Account: Multi-account management for money managers and portfolio managers.

How to open an account?

1. Visit multibankfx.com or download the MultiBank app (iOS/Android).
2. Click “Open Account” and select your preferred account type (Standard, Pro, or ECN).
3. Provide personal details: name, email, phone number, country of residence.
4. Create your account password.
5. Submit tax information and answer questions about trading experience and financial status.
6. Verify identity with Emirates ID or passport.
7. Provide proof of address (utility bill or bank statement from the last 3 months).
8. Select base currency (USD recommended for UAE).
9. Fund via Al Ansari Exchange (cash), bank wire, card, e-wallet, or crypto.
10. Access demo or live trading upon approval (typically within 24 hours).

The MultiBank-Plus mobile app combines a modern interface with TradingView-powered charting, integrated social trading, and comprehensive account management. The app features 107 built-in technical indicators, 50+ drawing tools, 7 timeframes, and 12 chart types — powered by TradingView’s charting engine. Social trading is built directly into the app, allowing users to browse, follow, and copy successful traders. In-app deposits, withdrawals, customer support via live chat, and multilingual navigation (including Arabic) complete the mobile experience. MT4 and MT5 mobile apps are also available for traders who prefer the MetaTrader ecosystem.

Mobile app information

Languages

Multiple languages including English, Arabic, Spanish, French, Russian, and Chinese.

Look and Feel / User Interface

Modern, clean design that matches the MultiBank website aesthetic. High-definition charts with fluid price action. The spread for each instrument is displayed between bid and ask prices for instant cost visibility. Dark and light modes available.

Security & Login

2FA mandatory. Biometric login via Face ID and Touch ID. SSL encryption on all connections.

Search

Fast instrument search across all available CFDs. Category filtering by asset class.

Placing Orders

Market, limit, stop, and trailing stop orders. Order execution available directly from the chart on MT4/MT5. MultiBank-Plus provides chart-based trading with TradingView integration.

Products

All 20,000+ CFDs accessible from the mobile app — forex, stock CFDs, indices, commodities, crypto. Full account management including deposits, withdrawals, and statement generation.

Alerts and Notifications

Price alerts via push notification. Trading signal notifications. Margin call alerts. Economic calendar events.

MultiBank offers three web trading experiences: the proprietary MultiBank-Plus platform, MT4 Web, and MT5 Web. MultiBank-Plus is the most visually polished — featuring TradingView-powered charting, integrated social trading, market analytics, and trading signals. The platform provides a uniform experience across web and mobile. MT4/MT5 Web offer the full MetaTrader ecosystem including Expert Advisors, 80+ indicators, and one-click trading. MT5 adds the built-in economic calendar, depth of market (DOM), and a multi-threaded strategy tester. Free VPS hosting and FIX API access are available for algorithmic and institutional traders.

Languages

Multiple languages including English and Arabic.

Look and Feel / User Interface

MultiBank-Plus has a modern, responsive design with TradingView-powered charts. Customisable watchlists, instrument search, and market analytics panels. MT4/MT5 provide the familiar MetaTrader interface with customisable workspaces.

Security & Login

2FA mandatory. SSL encryption throughout.

Search

Instant instrument search across 20,000+ CFDs. Category filtering by asset class (forex, stocks, indices, commodities, crypto).

Placing Orders

Market, limit, stop, trailing stop orders on all platforms. MT4/MT5 add OCO and pending order types. Expert Advisors supported on MT4/MT5. One-click trading available on MT4/MT5.

Products

All 20,000+ CFDs accessible: 55+ forex pairs, 14,000+ stock CFDs, 27+ indices, 13+ commodities, crypto CFDs. Full account management.

Alerts and Notifications

Price alerts, trading signals, margin call notifications, and economic calendar events. MT4/MT5 support email and push notification alerts.

Requirements

Any modern browser for MultiBank-Plus and MT4/MT5 Web. Desktop downloads available for MT4 and MT5 on Windows and Mac.

MultiBank offers one of the broadest product ranges in the retail brokerage industry with 20,000+ CFDs across six asset classes. The stock CFD selection alone — over 14,000 instruments from US, European, and Asian exchanges — exceeds most competitors’ total instrument counts. MultiBank is expanding its presence further with DFM and ADX stock CFDs from the Dubai Financial Market and Abu Dhabi Securities Exchange, adding locally relevant UAE equities to the platform.

Assets & products

Forex

55+ pairs (majors, minors, exotics). Leverage up to 1:500.

Stock CFDs

14,000+ global companies from US, European, and Asian exchanges.

Index CFDs

27+ global indices including S&P 500, DAX, FTSE, Nikkei.

Commodity CFDs

13+ including gold, silver, oil, natural gas.

Crypto CFDs

Available across major coins (BTC, ETH, XRP, and more).

Metals

Gold and silver with spreads from 0.2 pips.

What’s not available

Real stocks, real ETFs, options, futures (exchange-traded), bonds, mutual funds. MultiBank is a pure CFD broker.

MultiBank’s education offering includes introductory and advanced trading courses, candlestick charting guides, social trading tutorials, and platform walkthroughs. The broker publishes weekly newsletters, daily technical analysis, and economic updates produced by its in-house research team. Market analytics and trading signals are integrated directly into the MultiBank-Plus platform, providing actionable insights alongside the charts. The economic calendar and Dow Jones news feed support fundamental analysis. Where MultiBank could improve is in structured learning paths and webinar archives — the educational content is functional but not as deep as IG’s Academy or eToro’s learning environment.

Education for all levels

• Trading courses: Introductory and advanced, covering forex basics, charting, risk management.
• Candlestick pattern guides.
• Social trading tutorials.
• Platform walkthroughs for MT4, MT5, and MultiBank-Plus.

Market insights

• Daily technical analysis newsletter.
• Weekly market newsletters.
• In-house research team producing economic updates.
• Trading signals integrated into MultiBank-Plus.

Research tools

• Economic calendar.
• Dow Jones news feed.
• Market analytics on MultiBank-Plus.
• TradingView-powered charting with pattern recognition.

Accessibility

• Available in multiple languages including Arabic.
• Free for all MultiBank account holders.
• Mobile, web, and desktop delivery.

MultiBank offers 24/7 customer support across multiple channels — a level of availability that few competitors match. Arabic language support is available across all channels, reflecting the broker’s UAE-headquartered positioning. The Al Ansari Exchange partnership extends beyond payments — it provides a physical touchpoint for UAE clients who prefer face-to-face interaction.

Support options available

• Live Chat: 24/7 instant chat
• WhatsApp: 24/7 support
• Phone: 24/7 multilingual support including Arabic
• Email: Available
• Callback service: Available
• Al Ansari Exchange branches: Physical touchpoint for UAE clients

Response times and quality

• Live Chat: Fast connection
• Phone: 24/7 responsive
• Email: Within 24 hours
• Quality: Knowledgeable staff; Arabic-first support for UAE clients

UAE-specific support details

• Arabic language support across all channels — 24/7
• WhatsApp support — convenient for UAE communication norms
• Al Ansari Exchange partnership — in-person cash deposits and withdrawals
• Dubai headquarters — local management and compliance teams
• ECN/Pro account holders receive dedicated account managers

UAE specific features

• Dubai-headquartered — genuine local presence, not a cross-border branch
• CMA licence (20200000045) — UAE regulatory oversight for traditional trading
• VARA licence (VL/24/06/001) — UAE regulatory oversight for crypto
• Al Ansari Exchange partnership — cash deposits/withdrawals at branches across the UAE
• 15+ global regulatory licences — among the most regulated brokers worldwide
• $322M+ paid-up capital — institutional-grade financial backing
• $1 million Lloyd’s insurance per account (select entities)
• 20,000+ CFDs including DFM and ADX stock CFDs (UAE equities)
• ECN raw spreads from 0.0 pips + $3/lot/side commission
• MT4, MT5, and MultiBank-Plus with TradingView-powered charting
• Social and copy trading integrated into the platform
• Islamic swap-free accounts available
• 24/7 Arabic-first support via live chat, WhatsApp, phone, and email
• Free VPS hosting for algorithmic traders
• FIX API and MAM/PAMM for professional and institutional traders
• $50 minimum on Standard — accessible to all traders
• No deposit or withdrawal fees
• No internal currency conversion fees
• AED deposits via Al Ansari Exchange and local banks
• Negative balance protection for all retail clients
• Up to $40,000 deposit bonus (conditions apply)
• Tax-free capital gains for UAE residents

Author comment

MultiBank Group is a broker built for the UAE market in a way that few competitors can claim. Being headquartered in Dubai — not London, Sydney, or Cyprus — means its operations, compliance, and management are locally rooted. The CMA + VARA dual regulation provides local oversight for both traditional and crypto trading. The Al Ansari Exchange partnership is a unique local feature that brings trading account funding into the same physical branch network UAE residents already use for remittances. And 24/7 Arabic-first support reflects a broker that treats the UAE as its home market, not an aftermarket.

For active traders, the ECN account’s $3/side commission undercuts the $3.50 industry standard, and the $1M Lloyd’s insurance provides a safety net that most competitors cannot match. The $60/month inactivity fee after 3 months is high, but easily avoided by logging in periodically. For traders who prioritise DFSA regulation specifically, Pepperstone is the alternative. For those who want the broadest selection of raw-spread platforms (including cTrader), IC Markets fills that gap. But for UAE traders who want a locally headquartered, CMA-regulated broker with deep product range, competitive ECN pricing, social trading, and genuine local infrastructure — MultiBank Group delivers.

FAQ

Is MultiBank Group available to UAE residents?

Yes. MultiBank Group is headquartered in Dubai and regulated by the CMA (licence 20200000045) and VARA (licence VL/24/06/001). UAE clients are served under MEX Global Financial Services LLC.

Does MultiBank offer Islamic accounts?

Yes. Islamic swap-free accounts are available across Standard and Pro account types. No overnight interest charges apply. Available to UAE Muslim traders on request.

What is the minimum deposit?

$50 for Standard accounts (approximately AED 184). $1,000 for Pro accounts. $10,000 for ECN accounts.

Which account should I choose?

Standard for beginners ($50, simple pricing). Pro for intermediate traders ($1,000, tighter spreads, no commission). ECN for active traders ($10,000, raw spreads + $3/side, best all-in cost).

Can I deposit cash in the UAE?

Yes. MultiBank has partnered with Al Ansari Exchange to offer cash deposits and withdrawals through its branch network across the UAE — a feature unique to MultiBank.

What platforms does MultiBank offer?

MultiBank-Plus (proprietary, with TradingView-powered charting and social trading), MetaTrader 4, and MetaTrader 5. No cTrader.

Does MultiBank support TradingView?

Yes. The MultiBank-Plus platform features TradingView-powered charting with 107 indicators, 50+ drawing tools, and 12 chart types.

Does MultiBank support social trading?

Yes. Social and copy trading is built directly into the MultiBank-Plus platform and app. Users can browse, follow, and automatically copy the trades of experienced traders.

Are there inactivity fees?

Yes. $60/month after 3 consecutive months of inactivity. This can be avoided by logging into your account periodically.

What is the $1 million insurance?

MultiBank provides up to $1 million insurance per account through Lloyd’s of London for select entities, covering clients beyond standard regulatory compensation schemes.

Does MultiBank support Arabic?

Yes. All platforms, the mobile app, and 24/7 customer support are available in Arabic. MultiBank is an Arabic-first broker given its Dubai headquarters.

Is MultiBank regulated in the UAE?

Yes. MultiBank holds two UAE licences: CMA (Securities and Commodities Authority, licence 20200000045) for traditional trading and VARA (Virtual Assets Regulatory Authority, licence VL/24/06/001) for crypto services.

Does MultiBank offer VPS hosting?

Yes. Free VPS hosting is available for all CFD traders, supporting Expert Advisors and algorithmic trading strategies on MT4 and MT5.

What is the leverage available?

Up to 1:500 on forex, 1:200 on commodities and indices, 1:20 on shares. Leverage may vary by jurisdiction and account type.

Can I trade UAE stocks on MultiBank?

Yes. MultiBank is expanding its stock CFD offering to include instruments from the Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX), adding locally relevant UAE equities.

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