MultiBank Exchange Group review and tutorials


Detailed MultiBank Exchange Group Review 2021: Forex, CFD'S and Crypto Regulated Broker

The MultiBank Group is one of the world’s leading Forex & CFD brokers. Founded in the USA in 2005, MultiBank was one of the first foreign-exchange firms to operate a fully transparent Forex and Financial Derivatives Market. Since its founding, MultiBank has become one of the largest providers of online financial derivatives.

What’s MultiBank Exchange Group?

MultiBank was founded in California in 2005 and has since become a major financial institution in the world that offers its clients direct trading access to banks and exchanges through advanced trading platforms.

MultiBank Exchange Group service provides to over 280,000 retail and institutional customers in over 90 countries, with offices in Melbourne, Los Angeles, Vienna, Frankfurt, Madrid, Cyprus and the UAE.

The group has multiple divisions, each of which retains its own tasks and functions. MEXFintech is based in Hong Kong, while MEX Group Worldwide has offices in Hong Kong, MEX Asset Management (Austria) GmbH, Beijing, Tianjin, Hangzhou and Ho Chi Minh City.

10 Points summary

  1. MultiBank Exchange Group is an multinational financial group operating through Australia, Germany, the United Kingdom, the UAE, Hong Kong and Cyprus.
  2. The broker has a decent reputation and an outstanding record of compliance with the regulatory requirements levied by the world authorities, including ASIC and BaFin.
  3. The range of instruments offers Forex, Indices, Currency and Commodity
  4. Demo Account – Available
  5. Min. deposit requirement – $50
  6. Trading costs and spreads are low
  7. Variety of platforms including the famous MT5 and advanced Maximus software, MultiBank Pro Platform, ECN PRO
  8. Tools for research and trading ideas incorporated into the trading platform
  9. Resources for trade, research materials and social trade offered
  10. Customer Service is available 5 days a week.


The business claims that exchange technology is the most stable operator of the financial market, which is why MultiBank Exchange Group provides award-winning trading technology, liquidity delivery and brokerage services. The broker and its financial institution, which operates as a group, is an award-winning company that continually improves its proposals and receives great rewards.

Is MultiBank Exchange Group Safe or a Scam?

MultiBank Exchange Group is one of the recognized and respected financial institutions that adhere to best practices. It is fully regulated and registered in each jurisdiction where it serves its clients.

Is the MultiBank Exchange Group legit?

Yes, the MultiBank Exchange Group is heavily regulated worldwide and has world-famous and respected authorizations – the Australian Securities and Investment Commission (‘ASIC’), the Federal Financial Supervisory Authority (“BaFin”) of Germany, and the European cross boarding authorization from CNMV, FMA.

In addition, there is an offshore registration with the Financial Services Commission (‘FSC’) of the British Virgin Islands, and the Cayman Islands Monetary Authority (‘CIMA’) which does not, on its own, provide the necessary level of security that we would recommend to sign it. Yet, along with other regulations and legal obligations, the MultiBank Exchange Group is seen as a safe trading broker to invest or trade with.

How are Traders Protected?

At MultiBank, due to its comprehensive regulatory obligations operating in compliance with existing international rules, which are essential to uphold and provide the highest standard of protection, you may remain assured of its offer.

The highest level of security of funds, through regulated companies of the MultiBank Exchange Group, provided often with to $10 million per account with segregated accounts in first-class banks. Apart from that, the company operates with negative balance insurance that prevents you from losses even though not every law mandates this provision to the broker.


Depending on the specific entity of the MultiBank Exchange Group and its applicable regulatory responsibility, you will be offered the opportunity to use powerful tool leverage to improve your trading outcome.

In addition, the regulations in one jurisdiction or another apply different leveraging laws, therefore,

  • European organizations have significantly lower leverage for major currency pairs to an average of 1:30.
  • Australian clients may still have high leverage ratios of up to 1:500.
  • International traders – 1:500
  • Clients of Dubai under the RAK UAE Regulation may use 1:200
  • Registered clients qualify for 1:500

Nonetheless, it is recommended that you know how to use leverage so as not to run unnecessary risks when trading.


There is a range of account types designed to meet specific trading needs, each reflecting primarily the type of investor you are. A virtual $100,000 demo account is given to anyone who wants to check out the broker’s scheme, along with the ability to open a Swap-free account for clients who practice the Islamic faith.

Types of Accounts

The details of the trading account are divided into the offering either to the retail client or to the institutional one, meaning that the account is specified only by the type of investor. The broker also offers Social Trading.

You will have an option between the offered platforms Maximus MT4, MultiBank Pro MY4 and ECN Pro MT4, where the terms and trading costs can differ from one another.

How to Open Your Account

MultiBank Exchange Group review also shows you how to open a digital account which is a very simple process. You should submit the necessary information and documentation for your identity and follow the next steps.

  1. Follow the Open Account link
  2. Provide personal data and trading background to validate your Live account
  3. Verify your account via your email and get access to your account area and Demo trading.
  4. Make your first deposit
  5. Access trading and markets


As far as trading costs are concerned, the MultiBank Exchange Group relies on costs built into the spread-only strategy available for the Standard Account.

Our find on Forex fees

Trading conditions can vary depending on the trading account or network you’re using at MultiBank, so if you’re trading through Maximus MT4 – spread averages about 1.4 pips. MultiBank Pro MT4 – designed primarily for seasoned and larger traders, since it needs an initial deposit of $1,000, offers lower costs – usually around 0.5 pips.

Ultimately, ECN Pro MT4 – a qualified account with a retained balance of $5,000, provides a spread of 0.1 pips and a commission of $3 per lot with a traded amount of $20,000, while the fee is reduced to $2 per lot. It is a quite competitive and good trading choice.

Overall, the costs of the MultiBank Exchange Group are low compared to industry rivals, see examples below.

Trading Fees of MultiBank Exchange Group vs Similar Brokers

Asset/PairMultiBank Exchange Group FeesOctaFX FeesAvaTrade Fees
EUR USD0.5 pips0.5 pips1.3 pips
Crude Oil WTI2 pips2 pips3 pips
Inactivity FeeYesYesYes
Fee rankingLowLowHigh

Snapshot of MultiBank Exchange Group fees

Trading Instruments

The MultiBank trading account will provide you with prime liquidity within the strictly regulated framework to ensure that your funds are secure and that a range of products, including foreign exchange, metals and CFDs, are available for trading at tight rates.

This means that exchange technology gives you full transparency with quotes from 20 Top Tier Banks, 12 Exchanges and 6 ECNs, while with the emergence of blockchain technology and cryptocurrencies, MultiBank has included this commodity in its CFD trading range.

What payment methods does the MultiBank Exchange Group offer?

MultiBank offers a selection of instant, simple and secure payment options for deposits and withdrawals that remain at your disposal. You can choose the most appropriate, yet be subject to regulatory restrictions from another jurisdiction. Traders issued with different group entities may face certain differences in the method of payment and its charges, if applicable.

Options for Deposit

One of the great things is that you can choose the basic currency of your account to prevent non-essential exchange costs. Supported currencies are USD, GBP, EUR, JPY, CHF, AUD, NZD, CAD, and others. General financing options, including the following (ensure the tool is available in your country of origin):

  • Transfers via bank wire
  • Credit cards
  • Neteller, Skrill, Fasapay, and online payments

Minimum Deposit

The minimum that will allow you to access live trading is set at only $50, which is a great opportunity for traders. Nevertheless, make sure to check the appropriate margins for the instrument that you are willing to trade so that you cover specific conditions. Various technology platforms may require higher deposits, too.


Generally, the MultiBank Exchange Group does not charge a commission for deposits or withdrawals, but different jurisdictions may add to certain charges the legal conditions of its payment providers in conjunction with international rules. So you should consult the payment provider itself, as well as the broker’s customer service, for any additional fees.

How am I going to withdraw capital from the MultiBank Exchange Group?

For withdrawals, you can send the request online, while the money will be transferred using the chosen method.

How long will it take to withdraw money from the MultiBank Exchange Group?

Usually, the broker approves the withdrawal request within 1-2 business days but may vary depending on the entity’s conditions.

Platforms for Trading

The MultiBank Platform offers you MetaTrader-based technology that has proven its powerful capabilities, installed on MT4 and MT5 platforms that enable partial bridge filling without retracting or slipping. Using the MT4 engine, these platforms run an ECN connection with customized trading, allowing a sophisticated yet customer-friendly approach to any strategy.

Web Platforms

In particular, MultiBank platforms, include a wide range of platforms through Maximus Platform, ECN PRO Platform and MultiBank Pro Platform, each of which meets the needs of the clients they represent, is ideally suited for any type of trader.

No matter if you’re a scalper, algorithmic or automated trader, or using advanced money manager services via PAMM and MAM accounts, all is open and feasible with MultiBank Exchange Group platforms.

Desktop trading platform

Both systems are available in desktop models, where you can find the tools you need to handle positions and advanced analysis features. Also, there are different order styles that optimize your plan and control your money at risk.

The platforms are based on MT4 software and diverse by account sort, which includes personalized account pricing and solutions. The MT5 platform provides different features aside from the ones offered by the MT4 version – improved trading capabilities and enhanced scripting tools for custom indicators and professional advisors.

Mobile Platform

Smartphone applications are also included in the kit. Even though each platform features its own simple-to-use app packed with a wide variety of resources.

Last but not least, along with the award-winning platform features for which MultiBank is popular, the diversified portfolio includes unrestricted use of VPS and APIs, and no limits on EAs. In addition, there is a possibility to compete in a Demo Contest and win valuable prizes with no monetary risk, which is a fantastic opportunity.

Customer Support Services

The nature of the brokers means they provide multiple assistance options in case of client inquires. 24-hour customer service is available in 10+ languages with the service desk, on-boarding, setups and cash management facilities.

Customer Service can be reached easily. They are available through Live Chat, email, contact form and support for an impressive number of international telephone lines that truly cover the world.


Novices may rely on educational support through learning resources, videos, tutorials and workshops, along with up-to-date online financial news available in various languages to promote improved decision-making and information.

MultiBank Education has been recognized in good time, and you can find a well-organized learning center with a variety of testing resources and materials. You can find access to specialist advisors, signal suppliers, social trading tools where you can learn how to trade, copy trades and more.

Final Word

Overall, the MultiBank Exchange Group review presents a company with a wide range of established offices and expanded trading portfolios across a wide range of countries, regulations and offerings.

The highly regulated MultiBank Exchange Group provides a secure trading environment across a selection of award-winning channels to be used. The scope of accounts provided is appropriate for newcomers and experienced investors, while favorable trading conditions via STP order processing are possible.

In general, MultiBank Exchange Group is a reliable option for almost any trader, due to their global coverage of comprehensive trading proposals and the great support.

MultiBank Exchange Group trading information

Forex, Metals, Shares, Indices, Commodities, Cryptocurrencies
Demo Account
Min. Deposit
Min. Trade
0.01 lots
Regulated By
MT4 Integration
Mobile Apps
Auto Trading
Trade Signals
Islamic Account




FTSE Spread
Oil Spread
Stocks Spread



Official MultiBank Exchange Group Registration



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