MultiBank Group holds 17 regulatory licences across five continents — more than any broker we have put through this process — and routes orders to 20 bank liquidity providers on a no-dealing-desk model. It also wants $10,000 before it will show you a raw spread, and takes $60 out of a dormant account every three months.
We opened a live Pro account, funded it with $1,000, and spent four weeks in January and February 2026 measuring spreads, placing more than 40 orders, running a withdrawal and contacting support on three channels. Everything below comes from that account unless stated. Our weights are set out in how we rate brokers.
Disclosure: we may earn a commission if you open an account through links on this page. It does not change our scores, our rankings, or anything we found in testing. Read how we make money.
| Overall rating | 8.2/10 |
|---|---|
| Founded | 2005 |
| Headquarters | Dubai, United Arab Emirates (relocated from California in 2022) |
| Main licences | ASIC AFSL 416279 (Australia), BaFin HRB 73406 (Germany), CySEC 430/23 (Cyprus), DFSA F004403 (DIFC), CIMA 1811316 (Cayman Islands) |
| Minimum deposit | $50 (Standard) / $1,000 (Pro) / $10,000 (ECN) |
| Spreads from | 0.0 pips (ECN account, plus commission) |
| Maximum leverage | 1:500 |
| Instruments | 20,000+ |
| Swap-free available | Yes, on Standard, Pro and ECN |
| Retail loss rate | 74–89% |
Pros and cons
MultiBank Group is a large institutional operation founded in 2005, headquartered in Dubai, with more than 25 offices across five continents. The regulatory footprint is exceptional. The weak points are equally specific: the raw-spread account is priced out of reach for most retail traders, and the fee schedule includes one of the harshest inactivity charges we have measured.
What works
- Seventeen licences including ASIC, BaFin, CySEC, DFSA and CIMA — the broadest footprint of any broker we have reviewed, with verifiable tier-one numbers.
- Raw spreads from 0.0 pips on the ECN account, fed by 20 bank liquidity providers including Bank of America, HSBC and ING.
- More than 20,000 instruments across FX, share CFDs, indices, commodities, digital assets and precious metals.
- Four platforms: MetaTrader 4, MetaTrader 5, MultiBank-Plus, and MultiBank.io for digital assets.
- Swap-free on every tier, with no substitute administration fee and no limit on how long a position may be held.
- Paid-up capital of $322 million; minimum withdrawal of $1, among the lowest in the sector.
What does not
- The ECN account requires $10,000. IC Markets and Pepperstone open comparable raw-spread accounts from $200.
- An inactivity fee of $60 every three months after three months without trading — $240 a year. IC Markets, Pepperstone and Equiti charge nothing.
- The multi-entity structure is genuinely confusing. Which entity holds your account determines what protection you have, and that is not obvious at sign-up.
- Standard-account spreads start at 1.5 pips, above the sector average.
- MultiBank-Plus and MultiBank.io are less mature than MetaTrader on advanced analysis. There is no cTrader and no TradingView.
Company information
MultiBank Group was founded in California in 2005 by the Jordanian businessman Naser Taher, and moved its headquarters to Dubai in 2022. Taher, still founder and chairman, was named one of the 100 most inspiring leaders of 2024 by Arabian Business. A publicly identifiable owner is worth more than it sounds — a substantial number of brokers do not disclose who runs them.
When we examined the corporate structure in January 2026, we found a network of separately regulated entities: MEX Australia Pty Ltd under ASIC, MEX Asset Management GmbH under BaFin, MEX Europe Ltd under CySEC, and MEX Atlantic Corporation under CIMA. Establishing which one holds your account is the most important thing to do before funding.
The group states it serves more than two million clients across over 100 countries, holds paid-up capital of $322 million, and processes daily volume above $35 billion. It has moved from conventional brokerage towards an integrated financial group covering asset management and institutional trading, launching MultiBank.io for digital assets in 2025.
| Item | Detail |
|---|---|
| Legal name | MultiBank Group (multiple legal entities) |
| Founded | 2005 |
| Headquarters | Dubai, UAE (relocated from California in 2022) |
| Founder and chairman | Naser Taher |
| Offices | More than 25 across five continents |
| Clients | More than 2 million across 100+ countries |
| Paid-up capital | $322 million |
| Daily trading volume | More than $35 billion |
| Instruments | More than 20,000 |
| Regulators | 17 |
Who this broker suits (and who it does not)
On our testing in early 2026, MultiBank fits a specific profile. If regulatory safety is what you weight most heavily, this is one of the strongest structures we have examined, and the tier-one licences are individually verifiable rather than decorative. Liquidity depth was the other standout: trading the live Pro account through February 2026, fills were quick and slippage contained even in volatile conditions. Instrument breadth is the third fit, at over 1,000 shares across US, European and Asian markets, 23 global indices and more than 50 currency pairs. Swap-free access is the fourth, available on every tier with no additional administration charge.
Who it does not suit is just as clear. If you are starting with a modest balance and want a raw spread, the $10,000 ECN threshold is a hard barrier — IC Markets or Pepperstone will give you comparable pricing from $200. If you want a single-entity relationship where you know without reading the small print who holds your money, the structure works against you. And if you trade in bursts, the $60 quarterly inactivity fee erodes the account while you are away.
Licensing and regulation
When we checked MultiBank’s licensing in January 2026 we found 17 regulators across five continents, which makes the group one of the most heavily regulated brokers in the world. We verified the principal licences manually against the regulators’ own registers.
| Regulator | Country | Entity | Licence number | Tier |
|---|---|---|---|---|
| ASIC (Australian Securities and Investments Commission) | Australia | MEX Australia Pty Ltd | AFSL 416279 | Tier one |
| BaFin (German Federal Financial Supervisory Authority) | Germany | MEX Asset Management GmbH | HRB 73406 | Tier one |
| CySEC (Cyprus Securities and Exchange Commission) | Cyprus | MEX Europe Ltd | 430/23 | Tier one |
| DFSA (Dubai Financial Services Authority) | UAE (DIFC) | MEX Australia Pty Ltd-DIFC | F004403 | Tier one |
| CIMA (Cayman Islands Monetary Authority) | Cayman Islands | MEX Atlantic Corporation | 1811316 | Tier two |
| MAS (Monetary Authority of Singapore) | Singapore | Singapore entity | Registered | Tier one |
| FMA (Austrian Financial Market Authority) | Austria | MEX Asset Management GmbH (branch) | 491129z | Tier one |
| CNMV (Spanish National Securities Market Commission) | Spain | MEX Asset Management GmbH (branch) | 120 | Tier one |
What separates MultiBank from most of the field is that its principal licences are tier one rather than offshore. ASIC AFSL 416279 imposes strict segregation of client money at authorised banks, BaFin HRB 73406 places the German entity under one of the more demanding frameworks in Europe, and CySEC 430/23 brings Investor Compensation Fund cover of up to €20,000 per client if the broker fails.
The DFSA licence sits inside the Dubai International Financial Centre, and the group maintains a physical DIFC office. An important caveat attaches to it, and it comes from the DFSA itself: the regulator has clarified that the only DFSA-licensed entity within MultiBank Group is the DIFC branch of MEX Australia Pty Ltd, and that other group entities are not DFSA-licensed.
The practical difference matters. An account with MEX Europe Ltd in Cyprus is covered by the ICF up to €20,000. An account with MEX Australia Pty Ltd has client money segregated at authorised Australian banks. An account with the CIMA-regulated MEX Atlantic Corporation in the Cayman Islands has materially less, because CIMA operates no investor compensation scheme. Same brand, three very different outcomes if something goes wrong.
ASIC AFSL 416279 is verifiable on the ASIC register at asic.gov.au, the BaFin registration through BaFin’s own database, and CySEC 430/23 at cysec.gov.cy. For context: IC Markets holds ASIC, CySEC and the tier-three SCB in the Bahamas; Pepperstone holds FCA, ASIC, CySEC, DFSA and BaFin; Equiti holds FCA, DFSA, SCA and JSC. On breadth, MultiBank leads all three.
Opening an account and verification
We opened our account in January 2026. The process is fully digital through multibankfx.com and the initial form took under four minutes. We then uploaded a passport scan and a recent bank statement as proof of address, and verification came back in roughly 12 hours — well ahead of the 24 to 48 hours we normally see. MultiBank also accepts a national ID or driving licence for identity, and a utility bill no more than three months old for address.
The flow includes a suitability questionnaire covering prior experience, source of income, expected investment size and risk tolerance — a licence condition rather than a courtesy, but its depth is a reasonable signal the entity is applying it properly. A demo account with a customisable virtual balance gives access to every platform; we would use it for at least two weeks before funding anything.
Shortly after registration we received a call from an account manager. It was informative and no pressure was applied, but we would still say what we always say: never make a funding decision on a phone call. IC Markets took a similar amount of time to verify; Pepperstone is the fastest we have measured, typically under five hours.
Account types
There are three live accounts plus a demo, with swap-free on all three. Testing them through the first quarter of 2026, the differences come down to spread, minimum deposit and commission.
| Feature | Standard | Pro | ECN |
|---|---|---|---|
| Minimum deposit | $50 | $1,000 | $10,000 |
| Spreads from | 1.5 pips | 0.8 pips | 0.0 pips |
| Commission | None | None | $3 per lot round turn |
| Execution | Instant | Instant | Direct ECN |
| Platforms | MT4, MT5, MultiBank-Plus | MT4, MT5, MultiBank-Plus | MT4, MT5, MultiBank-Plus |
| Maximum leverage | 1:500 | 1:500 | 1:500 |
| Swap-free | Available | Available | Available |
| Social trading | Available | Available | Available |
| Free VPS | Available | Available | Available |
Over the week we spent on the Pro account, live EUR/USD sat between 0.9 and 1.2 pips in normal liquidity — close to the advertised 0.8 pip floor, but above it more often than not.
The observation that matters most concerns the ECN account. A raw spread from 0.0 pips with $3 per lot round turn produces a genuinely competitive all-in cost, but the entry is $10,000. IC Markets offers Raw Spread from 0.0 pips at $3.5 per side with a $200 minimum, and Pepperstone’s Razor runs comparable terms from $200. For most retail traders that settles it.
Standard at $50 suits small balances, but 1.5 pips is above the sector average. Pro at $1,000 with 0.8 pip spreads and no commission is the sensible middle ground. Social trading tools and a free VPS come with every tier — real value if you run expert advisors.
Swap-free trading
MultiBank’s swap-free option removes overnight financing charges entirely. It matters to two groups: traders who need to avoid interest for religious reasons, and anyone holding positions across many nights who would otherwise watch swap charges accumulate. We requested conversion through customer service and the account switched inside 24 hours.
| Swap-free term | Detail |
|---|---|
| Overnight swap charges | Fully waived |
| Substitute administration fee | None |
| Time limit on holding positions | None |
| Instruments covered | All available instruments |
| Account tiers | Standard, Pro, ECN |
| Minimum deposit | $50 (same as standard accounts) |
| Spreads | Identical to standard accounts |
The absence of a substitute administration fee and of a holding-period limit is what makes this stronger than most. Many brokers waive the swap and then reintroduce an administration charge after three to seven days; on our testing MultiBank does not. It does reserve the right to withdraw swap-free status where it is abused, a standard term aimed at carry-trade arbitrage. IC Markets applies a three-day grace period before administration fees begin, and Pepperstone charges none on major pairs but applies a grace period elsewhere — so MultiBank’s version is among the better ones available.
Fees and trading costs
Spreads
These readings were taken in February 2026 on each broker’s raw-spread account, during main European and US session hours.
| Instrument | MultiBank ECN | IC Markets Raw | Pepperstone Razor | Equiti Premiere |
|---|---|---|---|---|
| EUR/USD | 0.1 pips | 0.02 pips | 0.16 pips | 0.0 pips |
| GBP/USD | 0.4 pips | 0.23 pips | 0.38 pips | 0.3 pips |
| USD/JPY | 0.3 pips | 0.18 pips | 0.26 pips | 0.2 pips |
| AUD/USD | 0.3 pips | 0.12 pips | 0.19 pips | 0.3 pips |
| USD/CHF | 0.5 pips | 0.35 pips | 0.42 pips | 0.4 pips |
| Gold (XAU/USD) | 1.5 pips | 0.9 pips | 1.2 pips | 1.8 pips |
| Oil (WTI) | $0.03 | $0.02 | $0.03 | $0.04 |
Values are observed averages and will vary with market conditions. MultiBank’s ECN spread is competitive and sits mid-pack, between IC Markets at the tight end and Equiti. Spreads widened visibly around major releases and at the Monday open, comparably with both competitors over the same period.
Commissions
Standard and Pro carry no commission; the cost sits in the spread. ECN charges $3 per lot round turn, or $1.50 per side — cheaper than IC Markets and Pepperstone at $3.5 per side each, and structured differently from Equiti’s $70 per million dollars of volume.
All-in cost is the real measure. On EUR/USD, MultiBank ECN works out at roughly 0.1 pips of spread plus 0.3 pips of commission, for 0.4 pips total, against 0.72 pips at IC Markets and 0.86 pips at Pepperstone. For a trader who can fund $10,000, MultiBank’s ECN account is materially cheaper than either.
Overnight financing, deposits and withdrawals
Swaps apply to positions held overnight on standard accounts. In February 2026 we recorded EUR/USD swaps of -5.5 points long and +1.2 points short, mid-range for the sector and comparable to IC Markets and Pepperstone. MultiBank charges nothing on deposits or withdrawals from its side. On our withdrawal the broker took nothing, but the receiving bank applied a $15 inbound international transfer fee.
Inactivity fee
This is the clearest weakness in the schedule: $60 every three months after three consecutive months without trading, or $240 a year. IC Markets, Pepperstone and Equiti all charge none. If you trade seasonally or leave a funded account idle waiting for a setup, the balance erodes at $60 a quarter while you do nothing.
The net: ECN delivers a very competitive all-in cost, but the $10,000 threshold confines that advantage to well-capitalised traders. Pro is decent value, and Standard is priced above the sector average.
Desktop platforms
We spent a week in January 2026 across all four desktop platforms. MetaTrader 4 is supplied as an enhanced build backed by institutional liquidity; execution was fast, with expert advisor support, more than 30 built-in indicators and nine timeframes. MetaTrader 5 adds depth of market, 21 timeframes, more than 38 indicators and extra pending order types including buy stop limit and sell stop limit — the better choice if you trade several asset classes from one interface.
MultiBank-Plus is the group’s own platform: clean interface, competent basic charting, one-click order entry, straightforward portfolio monitoring. On advanced technical analysis it is still behind MetaTrader on indicator count and drawing tools. MultiBank.io is the digital-asset platform, which we did not focus on here.
All platforms connect to the same liquidity infrastructure and reach the full instrument list, and execution speed was consistent across them. The comparison is less favourable: IC Markets offers cTrader alongside MT4 and MT5, and Pepperstone adds TradingView on top. The absence of both is a real gap for traders who prefer them.
Mobile apps
We tested on iPhone and Android in February 2026. MultiBank provides the official MetaTrader 4 and 5 apps plus its own MultiBank-Plus app, on both the App Store and Google Play. It was responsive, handling order entry, portfolio monitoring, live pricing and charting with a basic technical toolset. Placing several trades through it, execution matched desktop with no freezes or noticeable lag, and price alerts fired reliably.
The analytical toolkit is thin compared to desktop — fewer indicators, simpler drawing tools. That is typical of mobile trading, but cTrader Mobile, available through IC Markets and Pepperstone, offers a richer experience on a phone. MultiBank.io is a separate app, an irritation if you want everything in one place. Store ratings were broadly positive across the reviews we read in February 2026: praise for ease of use and execution speed, recurring complaints about limited advanced analysis and occasional transient technical issues.
Trading tools
Trading the live Pro account in February 2026 we worked through the instrument library. The advertised 20,000-plus figure is at the top end of the sector and covers the full platform range.
| Asset class | MultiBank | IC Markets | Pepperstone | Equiti |
|---|---|---|---|---|
| FX pairs | 50+ | 60+ | 60+ | 50+ |
| Share CFDs | 1,000+ | 1,600+ | 1,000+ | 300+ |
| Indices | 23 | 25 | 28 | 14 |
| Commodities | 10+ | 22 | 30+ | 8 |
| Digital assets | Via MultiBank.io | 13 | 30+ | 5 |
| Precious metals | 4+ | 4 | 4 | 3 |
| Approximate total | 20,000+ | 2,200+ | 1,400+ | 400+ |
The headline number comes overwhelmingly from the breadth of share CFDs across global markets. Major US and European equities were readily available at reasonable spreads, and the main global indices — S&P 500, Nasdaq 100, Dow Jones 30, FTSE 100, DAX 40 and Nikkei 225 — are all tradeable. Commodities cover crude oil in both WTI and Brent, natural gas, wheat and corn; precious metals cover gold, silver, platinum and palladium. MultiBank leads on share CFDs, IC Markets on commodities and FX pairs, Pepperstone on digital assets.
Order execution
We placed more than 40 trades on the live Pro account through February 2026, sampling three conditions: quiet European and US session hours, major economic releases, and the Monday open. MultiBank runs a hybrid ECN/STP no-dealing-desk model, so orders go straight to 20 bank liquidity providers including Bank of America, HSBC, ING and Bank of China.
In normal liquidity, execution was excellent — filled in under a second in most cases, with average slippage no greater than 0.1 pips, comparable to IC Markets and Pepperstone over the same window. During the US non-farm payrolls release on the first Friday of February 2026, slippage reached 1.5 pips on EUR/USD in the first 30 seconds, in line with what we recorded elsewhere.
Stop-loss orders filled reliably in every case, and we saw no rejections and no requotes across the testing period. The no-dealing-desk model reduces the structural conflict of interest that exists at brokers filling client orders from their own book. MultiBank was named Best Global ECN Broker at the Forex Traders Summit 2025; awards are marketing, but this one at least points at the part of the operation our measurements support.
Deposits
We deposited $1,000 by bank transfer in January 2026 and the funds showed in the account after two business days.
| Method | Processing time | Fee | Minimum |
|---|---|---|---|
| Bank transfer | 1–3 business days | Free (broker side) | $50 |
| Credit and debit cards (Visa/Mastercard) | Instant | Free | $50 |
| E-wallets (Skrill, Neteller) | Instant to a few hours | Free | $50 |
| Cryptocurrency | Depends on network confirmations | Free | Variable |
MultiBank charges no deposit fee on any method, though your sending bank may. Card deposits credited almost instantly in our testing, and e-wallet deposits cleared inside an hour. Deposits are accepted in US dollars, euros, sterling and other currencies; if your account is denominated in a currency the broker does not hold, conversion happens automatically and your bank charges for it.
Withdrawals
We requested a $300 withdrawal by bank transfer in February 2026 and the money arrived in four business days. MultiBank applied no withdrawal fee; the receiving bank charged an inbound international transfer fee.
| Method | Processing time | Fee | Minimum |
|---|---|---|---|
| Bank transfer | 3–7 business days | Free (broker side) | $1 |
| Credit and debit cards | 2–5 business days | Free | $1 |
| E-wallets | 1–2 business days | Free | $1 |
| Cryptocurrency | Usually within 24 hours | Free | Variable |
The $1 minimum withdrawal is a genuine strength and among the lowest we have recorded — much of the sector sets a floor between $50 and $200, which traps small balances. Ours completed without unexplained delay, inside the published window and with no unusual requests.
Withdrawals must return by the same method used to deposit, up to the value of the original deposit — standard anti-money-laundering practice. Anything above that can go by the method you choose. Speed is mid-table: IC Markets typically clears bank transfers in one to two business days. Four business days is not the fastest, but it is within the acceptable range.
Customer support
We tested three channels through February 2026. Live chat is staffed 24/7, and replies arrived in under two minutes on average. We asked about account types, fee structures and withdrawal procedures, and the answers were clear and accurate rather than deflections to a help centre article. Email was slower: a query about swap-free terms drew a detailed reply in eight hours that addressed every point raised.
Phone support is available in English and several other languages. Our call was answered in under three minutes and the representative handled technical questions about the platform and execution rather than routing us elsewhere. MultiBank also assigns a personal account manager; ours applied no pressure to deposit more or trade larger, worth saying because the opposite is common enough in this sector to be a live risk.
Research and education
We worked through the research and educational material in February 2026. There is a reasonable amount of it, but it is not a reason to choose this broker. MultiBank publishes daily market analysis, maintains an economic calendar, and provides Autochartist for automated pattern recognition. We followed the daily analysis for two weeks; it covers the major pairs plus gold and oil consistently, and the quality is acceptable but not at specialist-research-house level. The online academy is serviceable introductory material rather than a structured curriculum.
The additional tools carry more weight than the content. A free VPS is provided to all traders, which matters if you run expert advisors that need to keep running when your machine is not, and social trading tools let you follow and copy other traders’ positions. Pepperstone stands out on education and market analysis; MultiBank is adequate, not a differentiator.
Fund safety and protections
We reviewed the client-money protections in the first quarter of 2026 and found three layers. The first is segregation: under its ASIC, BaFin, CySEC and DFSA licences the group must hold client money in separate accounts at authorised banks, so your balance is not used in the company’s own operations. The second is investor compensation — under the CySEC licence held by MEX Europe Ltd, client money is covered up to €20,000 on insolvency. The third is negative balance protection, mandatory under the CySEC, ASIC and DFSA licences, meaning you cannot lose more than you deposited even in severe market moves.
Paid-up capital of $322 million is high for this sector and gives a positive signal on solvency, and MultiBank applies anti-money-laundering and know-your-customer compliance in each jurisdiction it operates in. On the strength of multiple tier-one licences, fund safety here is among the strongest in the sector. IC Markets offers similar protection through ASIC and CySEC; Pepperstone has an edge through its FCA authorisation, which brings FSCS cover up to £85,000.
Verdict
After four weeks of testing across January and February 2026, MultiBank comes out as a strong institutional broker with the widest regulatory footprint in our broker reviews and deep liquidity. It suits traders who put regulatory safety first, and traders with enough capital to reach the ECN account, where the all-in cost of 0.4 pips on EUR/USD beat both IC Markets and Pepperstone in our measurements.
Against that: the $10,000 ECN threshold, the $60 quarterly inactivity fee, and a corporate structure complex enough that most clients will not know which entity holds their money without checking. A small starting balance will find better value at IC Markets or Pepperstone, both of which open raw-spread accounts at $200.
| Category | Weight | Score |
|---|---|---|
| Regulation and licensing | 25% | 9.3 |
| Trading costs | 20% | 7.0 |
| Withdrawals and fund access | 20% | 8.0 |
| Platforms and execution | 15% | 8.5 |
| Customer support | 10% | 8.5 |
| Research and transparency | 10% | 7.5 |
| Overall | 100% | 8.2 |
Trading costs is the category that holds the total down. Regulation scores near the top of our range because 17 licences with verifiable tier-one numbers is not something we see often. Costs score more than two points lower because the competitive pricing is gated behind $10,000 and the inactivity fee is among the highest in the sector while three direct competitors charge nothing. Research and transparency is held back by the entity structure.
Risk warning: between 74% and 89% of retail investor accounts lose money trading CFDs with MultiBank. CFDs are leveraged products carrying a high risk of losing your money rapidly. Consider whether you can afford that risk, and never trade with money you cannot afford to lose. Nothing here is investment advice or a prediction of any outcome.
Is MultiBank trustworthy?
Is MultiBank a scam?
No. The group holds 17 licences including ASIC, BaFin, CySEC and DFSA, has operated since 2005, and its founder is publicly named — a combination not available to a fraudulent operation. It does not make trading low risk, since leveraged trading carries a high risk of loss whichever broker you use, but the company is what it says it is.
Is it actually licensed, or does it just claim to be?
Actually licensed. We checked against the regulators’ own registers in January 2026: ASIC AFSL 416279 at asic.gov.au, the BaFin registration on BaFin’s database, and CySEC 430/23 at cysec.gov.cy. The numbers are in the table above so you can check them yourself.
Does the DFSA licence cover my account?
Only if your account is with the right entity. The DFSA has clarified that the only DFSA-licensed entity in MultiBank Group is the DIFC branch of MEX Australia Pty Ltd. If DFSA supervision is what you are relying on, confirm the entity named on your client agreement before you fund.
Are there withdrawal problems?
We hit none. Our $300 bank transfer in February 2026 arrived in four business days with no broker-side fee and no unusual requests. MultiBank’s Trustpilot rating stood at 4.6 out of 5 from more than 1,600 reviews when we checked. Some online complaints do describe slow processing in particular cases; the most common preventable cause is incomplete verification documents, so make sure your file is complete before requesting a withdrawal.
Is my money protected if MultiBank fails?
It depends on the entity. Under MEX Europe Ltd in Cyprus, the Investor Compensation Fund covers up to €20,000. Under MEX Australia Pty Ltd, client money is segregated at authorised Australian banks. Under MEX Atlantic Corporation in the Cayman Islands, CIMA operates no compensation scheme, so that protection is absent.
Frequently asked questions
What is the minimum deposit at MultiBank?
$50 for Standard, $1,000 for Pro, $10,000 for ECN. Standard suits small starting balances; the raw-spread ECN account requires substantially more capital.
Does MultiBank offer swap-free accounts?
Yes, on Standard, Pro and ECN, with no overnight financing charges, no substitute administration fee and no time limit on holding a position. Request it through customer service; ours was activated inside 24 hours.
How long do withdrawals take?
By published times: bank transfer 3–7 business days, cards 2–5, e-wallets 1–2, cryptocurrency usually within 24 hours. Our own $300 bank transfer in February 2026 arrived in four business days. There is no broker withdrawal fee and the minimum is $1.
Which platforms does MultiBank support?
MetaTrader 4, MetaTrader 5, MultiBank-Plus and MultiBank.io, all on desktop and mobile. There is no cTrader and no TradingView integration.
What does it cost to trade EUR/USD?
On the ECN account in February 2026 we measured roughly 0.1 pips of spread plus 0.3 pips of commission, an all-in cost near 0.4 pips. On Pro, which has no commission, the spread ran 0.9 to 1.2 pips. On Standard, spreads start at 1.5 pips.
Does MultiBank charge an inactivity fee?
Yes — $60 every three months once an account has gone three consecutive months without trading, or $240 a year. IC Markets, Pepperstone and Equiti charge none.
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