MultiBank Group
MultiBank Group is a Dubai-headquartered, privately held financial derivatives provider operating a multi-platform trading ecosystem (FX, CFDs, crypto, RWA tokenization) serving 2M+ retail and institutional clients across 100+ countries, with $322M paid-up capital and $35B daily trading volume.
- Company typePrivate
- Founded2005
- HeadquartersDubai, United Arab Emirates
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
What MultiBank Group does
MultiBank Group is a Dubai-headquartered, privately held financial derivatives provider founded in 2005 in California. The company operates a multi-platform trading ecosystem serving retail traders, Introducing Brokers, and institutional clients across 100+ countries, with a reported customer base of 2,000,000+, $322 million in paid-up capital, and daily trading volume of $35 billion as of April 2025. Operations are overseen by 18+ financial regulators across five continents (including ASIC, BaFIN, MAS, CySEC, and VARA), and client funds are protected by Lloyd's of London insurance up to $1 million per account.
The company's product architecture spans three primary platforms. MultiBank FX delivers retail and IB trading across 20,000+ instruments (forex, metals, stocks, indices, commodities, crypto) through a proprietary MultiBank App and the MT4/MT5 platforms. MEX Exchange is positioned as the first interbank trading platform for BRICS and GCC markets, offering institutional clients deep liquidity, prime brokerage, and FIX API connectivity, with MEX Prime providing prime-of-prime services. mb.io operates as an all-in-one crypto exchange and RWA tokenization platform (including the Ritz-Carlton Residences Dubai and African gold tokenization). Supporting infrastructure includes MultiBank Blockchain (planned to migrate $20B+ in daily volume on-chain), MultiBank.AI for trade execution optimization, a social/copy trading layer, the $MBG utility token, and the recently formed MultiBank Khabib LLC tokenized sports joint venture.
MultiBank generates revenue primarily through trading spreads and commissions across its 20,000+ instruments, supplemented by institutional services fees, crypto/RWA transaction revenue, and a $120 million annual IB commission pool distributed to 30,000+ partners. Distribution is asset-light and partner-driven: the IB network, a franchise program for top partners, and self-serve platform access are supported by promotional mechanics such as a 25% retail deposit bonus (up to $40,000) and a 50% IB rebate boost (commissions up to $50,000). The company has been actively extending into adjacent verticals (tokenized real estate, tokenized sports assets, African gold) and adjacent geographies (Abu Dhabi, India, Caribbean, Oceania), with a $10 million strategic investment in Mavryk Network underpinning a stated $10 billion UAE real estate tokenization pipeline.
MultiBank Group firmographics
Firmographics- Name
- MultiBank Group
- Legal name
- MEX Group Worldwide Limited
- Website
- https://multibankgroup.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- MultiBank Group is a Dubai-headquartered, privately held financial derivatives provider operating a multi-platform trading ecosystem (FX, CFDs, crypto, RWA tokenization) serving 2M+ retail and institutional clients across 100+ countries, with $322M paid-up capital and $35B daily trading volume.
- Ownership category
- akta.pro rank
MultiBank Group industry classification
Industry- Product category
- FX and CFD Brokerage
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Miscellaneous Financial Investment Activities (523999)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211), Finance Services (6199)
- akta.pro primary industry
- Multi-Asset Electronic Trading Platforms (FSAFANAH)
- akta.pro secondary industries
- Multibank FX Trading Platforms (FSAFADAC), Multi-Asset / Cross-Asset Brokerage (FSAEACAM), Crypto/Web3 Neobanks (FSABAFAG)
Keywords
Where MultiBank Group is headquartered
LocationHeadquarters
- HQ city
- Dubai
- HQ country
- United Arab Emirates
- HQ region
- Middle East
Offices26 records
Markets served
MultiBank Group business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Marketing or Sales, Personnel, Operations, Technology or R&D, Infrastructure, Others
Revenue model
- Trading Spreads and Commissions: MultiBank generates primary revenue through trading spreads on forex, metals, stocks, indices, commodities, and crypto instruments. The company offers tight spreads (0.0 pips mentioned) and leverages up to 500:1, generating revenue from the bid-ask spread across 20,000+ trading instruments.
- IB Commission Distribution: Revenue sharing with Introducing Brokers through commission distribution. The company distributed over $120 million in commissions to IB partners over the past 12 months, indicating significant volume-based commission revenue.
- Deposit Bonuses and Promotions: The company offers promotional deposit bonuses (25% up to $40,000) to retail clients and rebate boosts (50% for IBs with commissions up to $50,000), which serve as customer acquisition and retention mechanisms while generating revenue from trading volume.
- Institutional Services: MEX Exchange serves institutional clients (banks, hedge funds, family offices) in BRICS and GCC regions with prime brokerage, liquidity provision, and settlement services, generating fees for advanced trading features and credit provision.
- Crypto and RWA Trading: mb.io crypto exchange generates revenue from cryptocurrency spot and derivatives trading, including fees from RWA tokenization products offering up to 8% APY on real estate tokens.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard retail trading accounts with access to 20,000+ instruments |
| Hybrid | Monthly | Introducing Broker Program with tiered commission structure |
| Subscription | Annual | Institutional ECN trading via MEX Exchange |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels5 records
MultiBank Group product offering
Product offeringCore offering
MultiBank Group operates a multi-asset financial derivatives brokerage offering trading in forex, metals, stocks, indices, commodities, and cryptocurrencies through 20,000+ instruments with leverage up to 500:1. The company serves over 2 million retail clients via MultiBank FX and the MultiBank App, institutional clients through the MEX Exchange ECN and MEX Prime brokerage, and crypto users through mb.io with RWA tokenization offerings.
Product overview
MultiBank Group operates a multi-platform financial derivatives ecosystem consisting of: MultiBank FX (core retail trading platform for FX, CFDs, and assets with 20,000+ instruments), mb.io (all-in-one crypto exchange with RWA tokenization), MEX Exchange (first interbank trading platform in BRICS/GCC markets for institutional clients), and MEX Prime (prime brokerage services). The ecosystem includes proprietary platforms (MultiBank App), supported third-party platforms (MT4/MT5), social trading, the $MBG utility token, and MultiBank Blockchain/MultiBank.AI infrastructure. Institutional services include IB and franchise programs, liquidity offerings, and VPS/FIX API access. The company recently launched a tokenized sports ecosystem joint venture with Khabib Nurmagomedov.
Differentiator
Problem solved
Functional benefit
Brands
- MultiBank FX: Forex and CFD trading platform for retail and professional clients
- mb.io
- MEX Exchange
- MEX Prime
- MBG Token
- MultiBank.AI
- MultiBank Blockchain
Products and services
- MultiBank FX Primary retail trading platform offering FX, CFDs, metals, stocks, indices, commodities, and digital assets trading with leverage up to 500:1 and execution from a single account with 20,000+ instruments.
- mb.io Crypto Exchange All-in-one crypto exchange backed by MultiBank Group, offering spot and derivatives trading, RWA tokenization including real estate tokens with up to 8% APY paid daily, and African gold tokenization partnerships.
- MEX Exchange First interbank trading platform in emerging markets (BRICS and GCC countries), providing institutional-grade prime brokerage settlement for banks, hedge funds, and family offices with deep liquidity and ECN technology.
- MEX Prime Institutional prime-of-prime liquidity and brokerage services complementing MEX Exchange for institutional clients requiring additional prime brokerage arrangements and credit provision.
- MultiBank App State-of-the-art proprietary trading platform designed for stability and real-time trading, accessible via mobile and desktop for retail and professional clients.
- MetaTrader 4 (MT4) Platform Access Industry-standard trading platform supported by MultiBank Group, offering market analysis, advanced trading features, and EA integration for automated trading.
- MetaTrader 5 (MT5) Platform Access Advanced trading platform including all MT4 features plus enhanced trading tools and advanced scripting for custom indicators and expert advisors.
- $MBG Utility Token MultiBank Group's utility token enabling access to the digital ecosystem and tokenized sports assets, with token buyback and burn mechanism.
- Introducing Broker (IB) Program Partnership program with 30,000+ IBs earning rebates and commissions based on referred client trading volume, with 50% rebate boost promotions and commissions up to $50,000.
- Institutional Liquidity Offering Deep liquidity solutions for retail brokers with FIX and GUI connectivity, accessing global FX, commodities, metals, and indices through top-tier aggregator technology.
- Franchise Program IB upgrade program offering brand exclusivity, brand rights, tailored cost and revenue sharing schemes, and Senior Manager designation for established partners.
Quantifiable outcome
- $35 billion daily trading volume achieved as of April 2025
- +3 more outcomes
Companies that use MultiBank Group
Customer profileNamed customers2 records
Segments5 records
Ideal customer profiles5 records
MultiBank Group technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability3 records
Feature6 records
MultiBank Group partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and flagship.
- Mavryk NetworkcoreMultiBank Group made a $10 million strategic investment in Mavryk Network, a Layer-1 blockchain focused on Real World Asset (RWA) tokenization. The investment is part of a broader $10 billion partnership with MAG and MultiBank targeting UAE real estate tokenization. Mavryk is building a vertically integrated ecosystem spanning tokenization infrastructure (Equiteez), lending (Maven Finance), and secondary market trading, with plans to tokenize $40 billion in on-chain assets by 2030.
- The Ritz-Carlton Residences DubaicoreMultiBank Group's mb io platform is tokenizing The Ritz-Carlton Residences in Dubai into tradable on-chain fractions, allowing investors to gain exposure to high-end real estate through smaller ticket sizes. The tokens represent economic rights to the property structure.
- Khabib NurmagomedovflagshipMultiBank Group launched a multi-billion-dollar joint venture with UFC champion Khabib Nurmagomedov to develop the world's first regulated tokenized sports ecosystem. The partnership, based in Dubai under MultiBank Khabib LLC, aims to tokenize gym franchises and sports brands, allowing investors to purchase fractionalized ownership stakes through MultiBank.io's RWA platform. Token holders earn a share of annual yield from gym operations with all transactions verifiable on-chain.
- Kings OrbiscorePartnership with Kings Orbis and EON3 Group to bring African gold on-chain through mb.io platform, enabling tokenization of physical gold assets with blockchain verification.
- EON3 GroupcorePartnership with Kings Orbis and EON3 Group to bring African gold on-chain through mb.io platform, enabling tokenization of physical gold assets with blockchain verification.
Scale indicators13 records
Recent moves6 records
Expansion highlights6 records
MultiBank Group competitors and assessment
Company assessmentDirect peers
- IC Markets: IC Markets is a leading global ECN forex and CFD broker offering MT4/MT5, tight spreads, and serving retail and institutional clients across 200+ countries. It is the closest direct competitor to MultiBank in the multi-asset retail FX/CFD space, competing head-to-head on spreads, leverage, and IB commission economics.
- Pepperstone: Pepperstone is an Australia-headquartered multi-asset broker with MT4/MT5, cTrader, and TradingView integrations, serving retail and institutional clients globally. It competes directly with MultiBank on retail FX pricing, IB programs, and emerging-market presence (Africa, Latam, MENA).
- XM (Trading Point): XM is a Cyprus-regulated retail forex and CFD broker with a similarly large IB network and bonus-driven acquisition model to MultiBank. Both target retail traders in emerging markets with high leverage and multi-language support across MT4/MT5.
- Exness: Exness is a global multi-asset broker with high retail leverage, MT4/MT5, and a strong emerging-markets footprint in Asia, Latam, Africa, and MENA. It is comparable to MultiBank in client profile, instrument breadth, and reliance on IB-driven distribution.
- eToro: eToro is a multi-asset retail platform with social/copy trading, MT4/MT5 alternatives, and crypto trading. Both companies share the multi-asset + social trading + crypto positioning, though eToro leans more consumer/fintech while MultiBank is more broker-traditional.
- FXCM: FXCM is a global forex and CFD broker offering MT4/MT5 and proprietary platforms with institutional and retail services. It is comparable to MultiBank in multi-asset retail/institutional positioning but has a smaller emerging-markets footprint.
- OANDA: OANDA is a globally regulated multi-asset broker with strong FX heritage, MT4/MT5, and institutional liquidity provision. It competes with MultiBank in retail and institutional FX and shares a similar multi-jurisdictional regulatory model.
- Capital.com: Capital.com is a multi-asset CFD broker with a proprietary platform, AI-driven features, and a strong EU/MENA presence. It is highly comparable to MultiBank's retail tech and growth positioning — and notably the prior employer of MultiBank's new CPGO, Dana Massey.
Broad incumbents
- IG Group: IG Group is a long-established, publicly-listed multi-asset broker (LSE) offering FX, CFDs, shares, and crypto. It is comparable to MultiBank in product breadth but operates under tighter UK/FCA leverage constraints and serves a more institutional/regulated client mix.
- Plus500: Plus500 is a publicly-listed multi-asset CFD broker with a proprietary platform and broad retail reach. It overlaps with MultiBank's core retail FX/CFD franchise but lacks the emerging-markets and IB-driven distribution depth.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
MultiBank Group social profiles
Digital presenceMultiBank Group compliance and trust
Trust signalCompliance2 records
MultiBank Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
MultiBank Group leadership team
Management profileNumber of profiles
Profiles6 records
MultiBank Group subsidiaries and ownership
Company hierarchySubsidiaries29 records
MultiBank Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MultiBank Group M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MultiBank Group
What does MultiBank Group do?
MultiBank Group operates a multi-asset financial derivatives brokerage offering trading in forex, metals, stocks, indices, commodities, and cryptocurrencies through 20,000+ instruments with leverage up to 500:1. The company serves over 2 million retail clients via MultiBank FX and the MultiBank App, institutional clients through the MEX Exchange ECN and MEX Prime brokerage, and crypto users through mb.io with RWA tokenization offerings.
Is MultiBank Group a public or private company?
MultiBank Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was MultiBank Group founded?
MultiBank Group was founded in 2005. It employs 501 to 1,000 people.
Where is MultiBank Group based?
MultiBank Group is headquartered in Dubai, United Arab Emirates, in the Middle East region.
How does MultiBank Group make money?
Five revenue lines are on record. Trading Spreads and Commissions are the primary driver. The others are IB Commission Distribution, deposit Bonuses and Promotions, institutional Services and crypto and RWA Trading.
Who are MultiBank Group's main competitors?
Direct peers on record are IC Markets, Pepperstone, XM (Trading Point), Exness, eToro, FXCM, OANDA and Capital.com. Broad incumbents are IG Group and Plus500.
Does MultiBank Group have an API?
Yes. MultiBank Group offers FIX API integration for institutional and high-volume clients. The FIX API provides direct access to market, offering best prices and conditions. Institutional clients can also access third-party trading through FIX API integration via the MEX Exchange platform.
What industry is MultiBank Group in?
MultiBank Group's product category is FX and CFD Brokerage. Its primary akta.pro industry code is FSAFANAH, Multi-Asset Electronic Trading Platforms, with a secondary code of FSAFADAC, Multibank FX Trading Platforms. Its NAICS code is 5231 and its SIC code is 6200.