MultiBank is a trustworthy and low-risk broker with a high overall rating of 9 out of 10.
MultiBank Group is authorized and regulated by ASIC and offers leverage up to 500:1.
🛡️ 1253 new traders chose this broker in the last 90 days.
🛡️ Available for South African Traders 🇿🇦
MultiBank Group Spider Chart
MultiBank Group Spider Chart Ratings
Pro and Cons
| ✅ Pros | ❌ Cons |
| Fast and easy account opening | High stock CFD and inactivity fee |
| Multiple deposit, withdrawal options | Limited product coverage |
| Free deposit, withdrawal options | Basic research and educational tools |
Overview
- According to research in South Africa, MultiBank Group was established in 2005 in California and since then has become a large global financial institution with a paid-up capital of over $322 million.
- The company offers its customers direct trading access to banks and exchanges through a set of advanced trading platforms.
- MultiBank Exchange Group has headquarters in Hong Kong and maintains offices around the world in Europe, Asia, the Middle East, and Latin America.
- The MultiBank Exchange Group has offices in Sydney, Los Angeles, Vienna, Frankfurt, Madrid, Cyprus, and the UAE and delivers its services to more than 280,000 retail and institutional customers in more than 90 countries.
Featured Offered
- For both novice and experienced traders, MultiBank Group provides an extensive feature set.
- Customers can select from a variety of account categories, including Standard, Pro, and ECN, each offering commission-free trading, narrow spreads starting at 0.0 pips, and flexible leverage up to 500:1.
- More than 20,000 financial products, such as shares, indices, currency, commodities, and cryptocurrencies, are accessible through the broker.
- In addition to swap-free Islamic accounts, free VPS, and copy trading, traders can take advantage of cutting-edge platforms such as MetaTrader 4, MetaTrader 5, and the proprietary MultiBank-Plus.
| 🧩 Feature | 📊 Details |
| 🏦 Account Types | Standard, Pro, and ECN accounts to suit beginners to professionals. |
| ⚖️ Leverage | Flexible leverage up to 500:1 depending on account type and region |
| 📉 Spreads & Commissions | Spreads from 0.0 pips on ECN commission-free trading available on Standard & Pro. |
| 🌐 Instruments Offered | Trade 20,000+ instruments including forex, metals, indices, shares, and crypto. |
| 🖥️ Trading Platforms | Supports MetaTrader 4, MetaTrader 5, and proprietary MultiBank-Plus. |
| ☪️ Islamic (Swap-Free) Accounts | Available on request for traders following Shariah law. |
| 🖧 Free VPS Hosting | Offered to eligible traders for improved speed and reliability. |
| 👥 Copy Trading | Social trading features available for strategy sharing and automated copying. |
| 🛡️ Client Fund Security | Segregated funds in Tier‑1 banks and Lloyd’s insurance up to $1 million. |
| 📋 Regulatory Oversight | Regulated by top-tier authorities including ASIC, BaFin, CySEC, and others. |
MultiBank Group Customer Reviews
- MultiBank Group enjoys a strong 4.4–4.5 out of 5 average rating across major review platforms
- About 80–81% of reviews rate it five stars, with 4-star reviews also comprising a significant portion
| 🔍Aspect | 🔖Details |
| 🌟Overall Rating | 4.4 – 4.5 out of 5 on platforms like Trustpilot and InvestorTrip. |
| 👏Customer Satisfaction | Over 80% of users give 4 or 5 stars praise for fast funding and solid tools. |
| 📞Customer Service | Live chat and email rated as responsive and helpful by most reviewers. Some mixed experiences during high-volume hours. |
Customers Ratings
| 🌐 Platform | 📝 Feedback Summary | ⭐ Rating |
 | Mostly positive reviews, trusted for performance tracking. | ⭐⭐⭐⭐☆ |
 | Reliable user feedback platform mixed but generally favorable. | ⭐⭐⭐⭐☆ |
 | Some complaints about withdrawals average trust score. | ⭐⭐⭐☆☆ |
 | Excellent app reviews with strong usability and support. | ⭐⭐⭐⭐⭐ |
 | Positive customer service feedback, minor complaints noted. | ⭐⭐⭐⭐☆ |
 | High trust rating, praised for support and reliability. | ⭐⭐⭐⭐☆ |
Safety and Security
- One of the most effective means of determining the safety of a broker like MultiBank Exchange Group is to establish which regulating authorities are watchdogs over its actions.
- MultiBank Exchange Group comprises a number of companies, and its subsidiaries are licensed and regulated worldwide through relevant authorities, including ASIC, BAFIN, CNMV, FMA, DFSA, TFG, HKCE, AUSTRAC, VFSC, CIMA
- This means clients can trade with total confidence and enjoy complete security of funds because of segregated accounts and favorable trading conditions.
| 🛡️ Security Feature | ✅ Description |
| 💼 Regulation & Licensing | Regulated by 15–17+ authorities including ASIC (Australia), BaFin (Germany), MAS (Singapore), CySEC (Cyprus), AUSTRAC, SCA |
| 🏦 Segregated Client Accounts | Client funds are kept separate from company funds in Tier‑1 banks. |
| 📝 Lloyd’s of London Insurance | MEX Atlantic provides up to USD 1 million per account in excess-loss insurance. |
| 🔐 Capital Strength & Credit Rating | Paid-up capital USD 322 million, S&P credit rating of B. |
| 🔒 Account-Level Security (Crypto) | or the crypto division (MultiBank.io): hot + cold wallet storage, SSL encryption, 2FA, IP whitelisting. |
| 📈 Negative Balance Protection | Clients cannot lose more than they deposit negative-balance protection. |
| 🧾 Transparent Compliance & Audits | Adherence to AML/KYC, regular audits per regulatory oversight. |
MultiBank Group at a Glance
| 🔎 Broker's Name |  |
| 📍 Headquartered | California, USA/ Hong Kong (SAR) |
| 📅 Year Founded | 2005 |
| ⚖️ Regulating Authorities | ASIC, BAFIN, CNMV, FMA, DFSA, TFG, HKCE, AUSTRAC, VFSC, CIMA. |
| 🌐 Countries not accepted for trade | The United States and Hong Kong |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 500:1 |
| 💰 Minimum Deposit | $50/R752 |
| 💳 Deposit Options | BankWire, Credit/debit cards, Skrill, Neteller, PayTrust, PerfectMoney, Help2pay, Ngang Luong, Payment Asia. |
| 💳 Withdrawal Options | BankWire, Credit/debit cards, Skrill, Neteller, PayTrust, PerfectMoney, Help2pay, Ngang Luong, Payment Asia. |
| 💻 Platform Types | Maximus MT4, MultiBank Pro MT4 and ECN Pro MT4 |
| 📱 OS Compatibility | Mobile APP Apple, Google, Android Desktop Windows Web Trading: \Chrome, Firefox, IE, Safari |
| 📈 Tradable assets offered | Forex, Metals, Shares, Indices, Commodities |
| 👨💼 Languages supported on Website | Spanish, Arabic, Italian, German, Japanese, Chinese, Russian, Malay, Polish |
| 👥 Customer Support Languages | Spanish, Arabic, Italian, German, Japanese, Chinese, Russian, Malay, Polish |
| 📆 Customer Service Hours | 24 hours, 5 days per week. It is not transparent what time and in which time zone the customer service is available. |
| 📝Sign up | 👉 Open Account |
MultiBank Group Account Types
| 🏷️ Account Type | 💰 Minimum Deposit | 📝Sign up | 📉 Spreads From | ⚖️ Leverage |
| 🟢 Standard | $50 / R 904 | 👉 Open Account | 1.5 pips | Up to 500:1 |
| 🔵 Pro | $1,000 / R 18081 | 👉 Open Account | 0.8 pips | Up to 500:1 |
| 🟣 ECN | $10,000 / R 180816 | 👉 Open Account | 0.0 pips | Up to 500:1 |
MultiBank Exchange Group offers three account types, namely Maximus, MultiBank Pro, and ECN Pro.
Traders will experience a similar core trading environment regardless of the account type, with the most significant difference being more competitive spreads when a higher minimum deposit is required.
Standard Account
- Minimum Deposit: $50 — ideal for beginners and casual traders.
- Spreads from 1.5 pips, with zero commissions on trades.
- Supports social trading, MetaTrader platforms, and 24/7 multilingual customer service.
Pro Account
- Minimum Deposit: $1,000 — suitable for more active and experienced traders.
- Tighter spreads from 0.8 pips, also commission-free.
- Includes all Standard benefits, with enhanced trading conditions.
ECN Account
- Minimum Deposit: $10,000 — built for professional traders.
- Raw spreads from 0.0 pips, with market execution and commission fees applied.
- Direct market access, advanced execution, and FIX API compatibility.
Demo Account
A demo account is also referred to as a practice account because it provides traders with the ability and freedom to explore a broker’s offering without running the risk of losing money, due to the provision of virtual money with which to ‘trade’.
Islamic Account
- MultiBank Exchange’s Islamic account is appropriate for Muslim merchants who want to stay away from interest-based transactions because it is made to adhere to Shariah law.
- It is often referred to as a swap-free account since it does not impose overnight interest or rollover fees for positions that are held for more than twenty-four hours.
- Without sacrificing religious beliefs, this account type offers all of the same trading advantages and conditions as regular accounts, such as competitive spreads, high leverage, and access to well-known platforms like MetaTrader 4 and 5.
How to Open a MultiBank Group Account – Step-by-Step Guide
The MultiBank Exchange Group review is simple and easy.
Step 1 – Get Started
- Similar to a bank, if you want to register a forex trading account with MultiBank Exchange Group for the first time, you will be required to go through a basic “know your customer” process.
Step 2 – Upload further information
- This will allow MultiBank Exchange Group to make sure that your submitted personal details are correct and that the safety of your funds and your account details is ensured.
- After the initial registration, you will normally be emailed your login details that will correspond to a login on a trading platform matching your type of account.
Step 3 – Verify your account
- Click ‘register’ to submit your application.
- The entire process to open a MultiBank Exchange Group account is fully digital.
- You can fill out the forms, scan and submit all your documents within 20 minutes.
MultiBank Exchange Fees, Spreads, and Commissions
- MultiBank Exchange Group’s spreads on EUR/USD start from 0.0 pips.
- Average spreads in the commission-free Maximum account equal 1.4 pips, which is quite elevated.
- Spreads vary depending on the account type. The MultiBank Pro account sees a reduction to 0.8 pips, while the commission-based ECN Pro account lists them as 0.1 pips for a fee of $3 per lot, which is the most competitive offer.
| 📌 Broker | |
| 📈 Trading Fees Class | Low |
| 💰 Required Min Deposit | $50 |
| 🔁 Withdrawal Fee | None |
| 💳 Deposit Fees | None |
| 📝 Average Spread | 1.4 pips |
MultiBank Exchange Trading platforms
| 🔎 🖥️ Platform | 🔧 Key Features |
| 📈 MetaTrader 4 (MT4) | Trade Forex, metals, indices, stocks, commodities & crypto – 80+ technical indicators, one-click trading, algorithmic EAs Market depth, VPS, social trading |
| 📊 MetaTrader 5 (MT5) | All MT4 features + advanced order types & economic calendar Market depth insights and 38 indicators Broader asset classes under one roof |
| 🧩 MultiBank‑Plus | Proprietary next-gen web & mobile platform Intuitive interface, real-time trading, tight ECN spreads, nano‑second execution Free VPS, MAM/PAMM and up to 5‑level market depth |
| 🚀 MultiBank Trader 4 | Built on MT4 core with enhancements Advanced trading tools, signals, news and econ‑calendar integration Multi‑account management, chart customization |
| 📝Sign up | 👉 Open Account |
- A forex trading platform is, in essence, the software provided by MultiBank Exchange Group to its clients to carry out their trades. The decision about which platform to choose will always depend on what a client would like to trade.
- A multi-asset trading platform allows clients to trade forex but other asset classes, including CFDs on stocks, stock indices, precious metals, and cryptocurrencies as well.
- MultiBank Exchange Group offers the powerful, proven capabilities of MetaTrader’s MT4 and MT5 platforms. These include Maximus MT4, MultiBank Pro MT4, and ECN Pro MT4, with each of them ideal for a specific kind of client.
MetaTrader 4 (MT4)
- One of the most widely used trading platforms in the world is MetaTrader 4, and MultiBank Exchange fully supports it.
- With its sophisticated charting capabilities, one-click trading, and support for automated trading through Expert Advisors (EAs), MT4 gives traders access to forex, commodities, indices, stocks, and cryptocurrencies.
- It is perfect for both novice and seasoned traders because it has more than 80 technical indicators and adaptable trading tools.
MetaTrader 5 (MT5)
- The more sophisticated replacement for MT4, MT5, has more features like an economic calendar, market depth, and more customizable order types.
- With improved analytical tools and quicker execution, MultiBank’s MT5 platform facilitates multi-asset trading across currencies, equities, commodities, and more.
- Professional and algorithmic traders looking for a more comprehensive and potent platform appreciate it because of its 38 built-in indicators, 21 timeframes, and excellent back-testing features.
MultiBank-Plus
- The broker’s own platform, MultiBank-Plus, was created for contemporary traders who value a slick, user-friendly interface.
- It offers real-time market access with up to five levels of depth, tight ECN spreads, and lightning-fast execution.
- It is accessible on both mobile and web platforms. MultiBank-Plus is perfect for serious traders who want greater control outside of the MetaTrader ecosystem because it offers professional capabilities like MAM/PAMM account management, free VPS, and nano-second execution.
MultiBank Trader 4
- MultiBank Trader 4, which is based on the MT4 infrastructure, offers further features to improve your trading.
- It provides trading indications, integrated economic calendars, real-time news feeds, and sophisticated trading tools.
- This platform serves both individual and institutional traders seeking more extensive in-platform tools without sacrificing the convenience of MT4, thanks to enhanced charting capabilities and multi-account management options.
MultiBank Group Deposits and Withdrawals
- MultiBank offers a selection of direct, secure, and simple payment options for both deposits and withdrawals, subject to regulatory restrictions from the specific jurisdiction.
- In general, the funding options include Bank Wire transfers, Cards, Neteller, Skrill, Fasapay, and online payments.
- The minimum deposit with which you can access live trading is only $50/R756, but make sure what the applicable margins for the instrument you are willing to trade are, so you can cover that.
- MultiBank Group does not charge a commission for deposits or withdrawals, but the different payment providers (according to international rules) may add some charges.
Deposit Method:
| 📥 Deposit Method | ⚡ Speed | 💸 Fees |
| 💳 Credit / Debit Card | Instant – a few hours | No charges (third-party fees may apply) |
| 🏦 Bank Transfer (Wire/SWIFT) | 1–7 business days | No fee from MultiBank (bank fees may apply) |
| 🌐 E-Wallets (Skrill, Neteller, etc.) | Instant – 24 h | No fee from MultiBank (wallet fees may apply) |
| ₿ Cryptocurrency (BTC, USDT) | Instant – depends on network | No fee from MultiBank (network fees apply) |
| 💶 SEPA (Eurozone only) | Up to 2 business days | No fee from MultiBank (bank may charge) |
| 📝Sign up | 👉 Open Account | 👉 Open Account |
Withdrawal Method:
| 📤 Withdrawal Method | ⚡ Speed | 💸 Fees |
| 🏦 Bank Transfer | 3–7 business days | Free from MultiBank (bank may charge) |
| 💳 Credit / Debit Card | 2–5 business days | Free from MultiBank (issuer may charge) |
| 🌐 E-Wallets | 1–2 business days | Free from MultiBank (wallet fees may apply) |
| ₿ Cryptocurrency | Up to 24 hours (network-dependent) | Free from MultiBank (network fees apply) |
| 🔄 Local Payment Solutions & Regional Wallets | 24 hours – 3 days | Free from MultiBank (third-party fees apply) |
| 📝Sign up | 👉 Open Account | 👉 Open Account |
Sign-Up Bonus
- MultiBank Exchange Group may offer specific bonuses of up to 20% with sign-up, also called a deposit bonus or a welcome bonus.
- New traders who register a real account with a broker may receive a sign-up bonus, or deposit bonus, and earn up to $ 40,000 in deposit bonuses.
- New clients can earn up to $ 5,000/R75,376 with an Imperial bonus on their first-time deposits, but must meet some basic trading requirements.
MultiBank Group Minimum Deposit
- MultiBank Exchange Group has a minimum deposit requirement of only $ 50 for the Maximus Account.
- This minimum deposit amount was equivalent to ZAR 904 at an average current exchange rate between the US Dollar and the South African Rand at the time of writing.
- An ECN Pro Account can be opened with $ 1,000 / R 18081, and a MultiBank Pro Account with $ 10,000 / R180816.
Awards
| 🏆 Award | 🌍 Region/Issuer | 📅 Year |
| 🥇 Best Global Broker | Finance Magnates | 2025 |
| 🥈 Best FX & CFD Broker | Europe & Asia – International Investor Magazine | 2019 |
| 🥉 ECN Broker of the Year | Europe | 2019 |
| 🏅 Best Forex Platform | MENA – International Business Magazine | 2019 |
| 🏆 Best Financial Derivatives Broker | Global Banking & Finance Review | 2019 |
MultiBank Group vs Etoro vs XM – A Comparison
| 🔎 Broker | |  |  |
| 💰 Minimum Deposit | $50 / R 904 | $50 USD | $5 USD |
| 📝 Sign-Up Bonus | Yes | Yes | Yes |
| ➖ Min. Spread | 1.4 pips | 3 | 1 |
| ➕ Max. Leverage | 500:1 | 1:400 | 1:888 |
| 💵 Currency Pairs | 55 | 47 | 57 |
| 📝Sign up | 👉 Open Account | 👉 Click Here | 👉 Click Here |
Customer Reviews
⭐Aristos Panteli, Senior Account Manager
I was searching to start investing and I found Aristos Panteli from Multibank. We met each other in Dubai, and after he explained everything to I started to invest in Multibank.
He still helps me immediately when I have a question or need something.
He is friendly, smart, and skilled.
I had a very nice experience, and I want to thank him for his support. I really appreciate it.
⭐Great assistance from Aristos Panteli!
I am new to trading, and I have just opened an account with MultiBank Group. The whole process was so smooth and straightforward, and I received quick and helpful assistance from the senior account manager Aristos Panteli.
He is very professional and kind, Aristos. I cannot thank you enough!
⭐I have worked with many different.
I have worked with many different Brokerages.
MultiBank Group was the best option so far, as its exceptional customer service and results helped me gain financially.
Mr. Aristos, my Senior Account Manager, has learned me from the beginning the principles of trading, and with his help, I managed to understand what it is like to deal with true professionals. Thank you, Mr. Aristos, and thank you, Multi-Bank!!
Conclusion
Overall, MultiBank is a trustworthy and reliable broker that provides traders with ample digital tools.
MultiBank maximum leverage is 500:1. MultiBank has MT4 & MT5 trading platforms that deliver the tightest spreads in the industry and provide.
Disclaimer
MultiBank Exchange Group warns all potential customers that Forex and CFDs trading always carries a high level of risk and may not be suitable for all investors.
Before deciding to trade the products offered by MultiBank Exchange Group, potential traders are advised to carefully consider their investment objectives, financial situation, needs, and level of experience before investing money they cannot afford to lose.
MultiBank Exchange Group warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable.
Therefore, MultiBank Exchange Group cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.
You might also like:
MultiBank Exchange Group Account Types Overview
MultiBank Exchange Group Demo Account – Step by Step
MultiBank Exchange Group Fees and Spreads
MultiBank Exchange Group Islamic Account Overview
MultiBank Exchange Group Minimum Deposit
Refreneces
Frequently Asked Questions
Is MultiBank Group regulated in South Africa?
No, MultiBank Group is not regulated by the FSCA in South Africa, but it operates under several top-tier international regulators, including ASIC (Australia), BaFin (Germany), and CySEC (Cyprus).
Can South African traders open an account with MultiBank?
Yes, South African residents can register and trade with MultiBank Group via its international entities.
What is the minimum deposit for South African traders?
The minimum deposit starts from $50 (around R900), depending on the account type chosen (Standard, Pro, or ECN).
How can I deposit funds from South Africa?
South Africans can deposit via credit/debit cards, bank wire, Skrill, Neteller, crypto, and regional payment options supported on the platform.
Are withdrawals fast and secure for South African clients?
Yes, withdrawals are processed within 1–5 business days, depending on the method, with no fees charged by MultiBank itself (third-party fees may apply).
Which trading platforms are available to South African users?
MultiBank supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), MultiBank-Plus, and MultiBank Trader 4.
What leverage does MultiBank offer in South Africa?
Traders in South Africa can access leverage of up to 500:1, depending on the asset and account type.
Does MultiBank offer Islamic (swap-free) accounts?
Yes, Islamic accounts are available upon request and must be approved by MultiBank’s compliance team.
Is customer support available in South Africa?
MultiBank offers 24/7 multilingual customer support, accessible online via live chat, email, and phone, though it has no physical office in South Africa.
Is MultiBank Group safe for South African traders?
Yes, MultiBank Group is considered safe due to its multi-jurisdictional regulation, segregated client funds, insurance coverage, and strong track record globally.
