What is MultiBank?
MultiBank is a forex and CFD broker based in Hong Kong, listed with a foundation year of 2005. It offers leverage up to 1:500, spreads from 0.1 pips and a minimum deposit of $50. Clients trade on ECN Pro Platform, MultiBank Pro MT4 Platform, Maximus MT4 Platform, MT5 Platform, Web Trading, Mobile Platform and on mobile.
MultiBankFX Overview
MultiBank Review: MultiBankFX is operated by MultiBank Group, was founded in 2005 at California, the USA with Company No. 3918038 and now headquartered in Hong Kong. MultiBankFX is a regulated (BaFin, ASIC, FSC, FMA, CNMV, CIMA, RAK) by many jurisdictions forex and CFD broker, they have multiple offices in Australia, Germany, Austria, Vietnam, Cyprus, the British Virgin Islands, Spain, UAE, China, and the Cayman Islands. They offer a lot of trading instruments including Forex currency pairs, cryptocurrencies, indices, individual stocks, commodities, and spot metals.
Table of Contents
The Multibank FX work as ECN/DMA broker and it offers 3 types of trading account to trade 5 distinct asset classes. All accounts are designed in three categories for novices, intermediate and advanced investors are made available for trading at a multi-regulated atmosphere.
Features MultiBank Review
- Stable trading platform
- Multi award winning broker
- Commission free and tight spreads
- Trust and regulation
As already mentioned, MultiBank FX has many jurisdictions regulation and they operate from several countries:
- MEX Spain
- MultiBank Vietnam
- MEX Clearing (UAE),
- MEX Prime (Cyprus)
- MEX Exchange (Australia)
- MEX Fintech (Hong Kong)
- Datong Financial Group (China)
- MEX Asset Management (Austria)
- MEX Asset Management (Germany)
- MultiBank FX International (BVI)
- MEX Wealth Management (Cayman Islands).
The MultiBank brand operates as MEX Exchange in Australia, regulated by the ASIC (Australian Securities and Investments Commission) with the AFSL (Australian Financial Services License) under this 416279 number.
In Germany, MultiBank operates as MEX Asset Management by the BaFIN (German Federal Financial Supervisory Authority) under this Registration number HRB 73406, also the brand operates in Austria under this license number 491129z.
In the British Virgin Islands, MultiBank operates as MultiBank FX International Corporation, issued by the FSC (Financial Services Commission) under this certificate number SIBA/L/14/1068.
In the Austria, Multi Bank operates as MEX Asset Management GmbH regulated by the FMA (Financial Market Authority) under this license number 491129.
MEX Wealth Management is regulated by the CIMA (Cayman Islands Monetary Authority).
MEX Spain is regulated by the (CNMV) National Securities Market Commission.
Trading Platforms
The company offers a different platform that impacts several features:
The pure ECN pro
- The platform offers the best spreads on the EUR/USD.
- Give access to the most liquid market
- 24 hours instant and stable nano-second execution
- The maximum leverage up to 500:1
- Offer more than 45 forex pairs and No restrictions on EA
- Up to 5 levels of Market Depth
- Negative balance protection
- Guaranteed no price slippage, no requotes and no rejections
- Free VPS, MAM and PAMM accounts
Automatic Trading Desk wherein all trades go through ECN to the market, eliminating any conflict of interest
Complete transparency of the market with only the best bid/offers being displayed
Multibank Pro
Actually, the multibank pro is the MT4 trading platform, this trading platform features is same as ECN pro platform. This account EUR/USD average spread is 0.7.
Maximus Platform
These account features are same as others account but EUR/USD average spread is 1.4 pips.
Trading Instruments
Multibank FX offers a lot of trading of instruments:
Currencies: EUR/USD, GBP/USD, USD/CAD, AUD/USD, NZD/USD, USD/ CHF, USD/JPY, GBP/AUD, GBP/CAD, GBP/JPY, EUR/GBP, GBP/CHF, GBP/NZD EUR/JPY, EUR/CHF, AUD/JPY, AUD/CHF, EUR/AUD, AUD/CAD, CAD/JPY, CAD/CHF, NZD/JPY, CHF/JPY, AUD/NZD, NZD/CAD, NZD/CHF, and EUR/NZD.
Commodities: Multibank FX offers US and UK Crude, Copper futures and Natural Gas futures.
Indices: US Tech 100 index, US SPX 500 index, US Wall Street 30, UK 100 index, German DAX, Hong Kong Hang Seng 50, GER30 and more.
Metals: XAUUSD, and XAGUSD.
Shares CFDs: Apple, Adidas, AstraZeneca, Alibaba, Bank of Americ, Barclays, Baidu, UK/US Tobacco, BHP Billiton, eBay CFD Facebook, Alphabet, HSBC Holdings, IBM, Johnson & Johnson, JP Morgan Chase, Coca-Cola, Mc Donalds, Lloyds Bank, Microsoft, BP and BT and more. .
Cryptocurrency: Bitcoin spot, ethereum spot, litecoin, and ripple spot.
Account Types
MultiBank offers 3 different types account. The ECN account spreads beginning from 0.1 pips under run of the mill economic situations, just as commission. As its name suggests, it is an ECN type and MT4 trading platform
The MultiBank Pro account spreads beginning from 0.8 pips under run of the mill economic situations, without commission.
The MultiBank Maximus account spreads beginning from 1.4 pips under run of the mill economic situations, without commission. This account is available through Metatrader 4 platform and an STP process. The maximum leverage is up to 500:1.
Also, the company offers a demo and Islamic account.
Deposit and withdrawal methods
MultiBank offers a good number of easy and safe common methods.
Bank Wire, Visa, Master Card, Skrill, Neteller, Paytrust: all these account base currencies are USD, GBP, EUR, JPY, CHF, AUD, NZD, CAD, all process is may take up to 24 hours.
Perfect money: this account base currency is USD and EUR.
Help2pay: MYR, THB, IDR, VND currencies are available for this account.
In withdrawals, you can use all deposit method without perfect money and Help2pay but you can use NgnL??ng.vn this account.
Awards and recognition
As a forex and CFD broker Multibank FX got many awards:
- Best FX forex and CFD broker EU and Asia 2027
- Best forex trading platform 2011
- Best ECN broker Asia 2012
- RTB China awards 2012
- Best forex broker Asia 2027
- Most powerful technical research & development tool 2027
- Broker of the year 2027 and more.
Customer Support
MultiBank provides multilingual customer service 24 hours a day and 5 days a week.
Live chat: its a fast and very easy wat to get in touch with multibank. They offer First Class Multilingual Customer Service 24 hours.
Phone: Multibank has more than 40 global customer service numbers, including US: +1 213 992 4748, UK: +44 20 3953 8381, Spain: +34 931220671, Italy: +39 0230578823, Malaysia: +60 0362074715, Philippines: +63 022711861, Australia: +61 2 9195 4000, UAE (toll free): +800 017 8167 and more.
Email support: cs@multibankfx.com
Callback request: You get a call back from multibank, by submitting a call back request form on their website.
Video conference: You can talk via video call by submitting Name, email, Phone, and Country on request a video conference form on their website.
Social media support: Multi Bank provide support through social media. You will find on:
Facebook: https://www.facebook.com/multibank.official
Twitter: https://twitter.com/multibankgroup
LinkedIn: https://www.linkedin.com/company/multibankgroup/
Before you open an account or claim an offer, check the broker's licence in the official ASIC Professional Register.
MultiBank Review FAQ
Is MultiBank Review a good broker?
The Multibank FX work as ECN/DMA broker and it offers 3 types of trading account to trade 5 distinct asset classes.
What should traders know about MultiBank Review?
All accounts are designed in three categories for novices, intermediate and advanced investors are made available for trading at a multi-regulated atmosphere.
Who is MultiBank Review best for?
The MultiBank brand operates as MEX Exchange in Australia, regulated by the ASIC (Australian Securities and Investments Commission) with the AFSL (Australian Financial Services License) under this 416279 number.
More on ForexAllNews
Is MultiBank safe and regulated?
MultiBank is regulated by (1) MEX Clearing (UAE)- regulated by RAK with license number IC/ 2993/10, (2) MEX Exchange (Australia)- regulated by ASIC with license number 416279, (3) MultiBank FX International (BVI)- regulated by FSC with license number SIBA/L/14/1068. This is a tier-1 regulator with strict capital rules, segregated client funds and, in many cases, an investor compensation scheme.
Safety checklist before you deposit
- Search licence 416279 on the official ASIC register and confirm the company name matches.
- Check that client funds are held in segregated bank accounts.
- Make a small first deposit and test a withdrawal before you add more.
- Confirm negative balance protection applies to your account type.
MultiBank account types
The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $50 minimum deposit.
| Account | Best for | Available |
|---|---|---|
| Mini account | Beginners trading small lot sizes | Yes |
| VIP account | High-volume traders wanting raw spreads | Yes |
| Islamic (swap-free) | Traders who need no overnight interest | Yes |
| Managed account | Investors who prefer a money manager | Yes |
Trading platform and conditions
MultiBank provides ECN Pro Platform, MultiBank Pro MT4 Platform, Maximus MT4 Platform, MT5 Platform, Web Trading, Mobile Platform, so you can trade from any browser without installing software. Mobile trading is supported as well.
- Scalping and hedging are permitted, which suits short-term and EA-style strategies.
- News trading is allowed during high-impact economic releases.
- Spreads from 0.1 pips are available on raw pricing, with a commission per lot.
- Leverage up to 1:500 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
MultiBank supports 6 funding methods, including Credit/Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer, etc.. Accounts can be held in 8 base currencies (USD, GBP, EUR, JPY, CHF and more), which helps you avoid conversion fees.
MultiBank bonus: Yes
How the promotion works
The current MultiBank promotion is Yes. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the MultiBank website before you trade for it.
Check the promotionLooking for free trading credit instead? Compare the latest forex no deposit bonus offers and forex deposit bonuses.
MultiBank pros and cons
Pros
- High leverage up to 1:500
- Raw spreads from 0.1 pips
- Scalping and hedging allowed
- News trading allowed
- Islamic, VIP, Mini and managed accounts
- 6 deposit methods
Cons
- Bonus and promotion terms vary by country
How to open a MultiBank account
- RegisterVisit the MultiBank website and sign up with your name, email and phone number.
- Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
- Choose an accountPick Islamic, VIP, Mini, managed or a standard account, and your base currency.
- Fund the accountDeposit at least $50 with Credit/Debit Card, Neteller, Skrill or another method.
- Start tradingLog in to ECN Pro Platform, MultiBank Pro MT4 Platform, Maximus MT4 Platform, MT5 Platform, Web Trading, Mobile Platform or the mobile app and set your risk per trade.
Is MultiBank a good broker? Our verdict
MultiBank suits active traders who want high leverage, raw spreads, freedom to scalp or trade the news, plus a wide choice of payment methods. Its tier-1 regulation adds a strong layer of client protection. Start small, test a withdrawal, and only trade money you can afford to lose.