MultiBank Group
Many licenses, medium to high spreads, good presence but fluctuating reputation.
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- Licensed by 12 bodies (including UAE SCA, ASIC, CySEC, MAS, BaFin).
- Abu Dhabi office for regional customer service. Offers trading of local stocks (DFM/ADX).
- Platforms: MT4, MT5, MultiBank-Plus, cTrader.
- Over 20,000 instruments (Forex, stocks, indices, crypto). Leverage up to 1:500. Spreads start from 0.0 pips on ECN accounts.
- Cards, local transfers, e-wallets (Skrill, Neteller, Fatoorah), and cryptocurrencies.
Cons
- Complex company structure. Can be confusing for beginners
- Advanced accounts require higher deposits.
Full Review
A widely spread international broker carrying more than 12 regulatory licenses worldwide, including a license from the UAE SCA. It provides MT4, MT5, cTrader, and a proprietary platform, allowing trading of over 20,000 financial instruments including forex, stocks, indices, and digital currencies. It features services for Middle Eastern investors and support for deposits via local solutions like Fatoorah.
Broker Details
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