MultiBank Group

Last updated
MultiBank Group
TypePrivate
IndustryFinancial Services
Founded2005
FounderNaser Taher
Headquarters
Dubai
,
UAE
Services Derivatives market

MultiBank Group is a global financial derivatives broker providing a gateway to forex, metals, indices, shares, commodities, and cryptocurrencies CFDs.

About

Founded in 2005, by Naser Taher in California, USA. MultiBank Group became one of the first financial brokers to start an electronic Forex and Financial Derivatives Exchange. [1]

MultiBank Group provide trading tools and infrastructure, including MetaTrader 4 and 5. Also consist of MT4 percent allocation management module, as well as the multiple account management tool (MAM and PAMM) tool. [2]

In August 2021, the company launched MEX Digital, a spot digital asset trading platform. MEX Digital expands the MultiBank Group footprint into cryptocurrencies and blockchain. [3]

MultiBank comprises entities that are regulated by 12 regulators across five continents, these entities are not related to the activity as a broker. [4] [5]

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References

  1. "The Future of Trading".
  2. "MultiBank Group: Delivering Innovative Trading Solutions". 26 February 2021.
  3. https://www.nasdaq.com/articles/the-need-for-more-compliance-driven-crypto-exchanges-2021-09-23 [ bare URL ]
  4. "MultiBank Group | Regulated by ASIC, CNMV, FMA, BaFin, and CIMA".
  5. "MultiBank Exchange Group Obtains BaFin License and Expands Its Business through Acquisition and Aggressive Growth" (Press release). 6 December 2017.