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Ghaf Review
76 brokers measured40 pricedmedian 7.0 USDformula v1.0Data captured 03.10.2026Some links are partner links. They never change a score or a position.
Score recalculated 03.10.2026

MultiBank Group — United Arab Emirates

Key facts (8)

Who actually onboards you
MEX Global Financial Services L.L.C
Licence number
20200000045
Established
2005group
Min deposit, USD
50 USDgeo
Platforms
MT4 · MT5 · MultiBank Plus
Local funding
Bank wire, cards, Skrill, Neteller, crypto (BTC/
Max leverage
500geo
EURUSD
not priced

This broker against the United Arab Emirates middle (40 of 76)

MultiBank GroupUnited Arab Emirates median
Round turn, USDnot priced7.0 USD
Min deposit, USD50 USDgeo50.0 USD
Max leverage500geo500.0geo
Withdrawal, hno data36.0 h
EURUSD, standardnot priced1.0 pips
EURUSD, rawnot priced0.0 pips
Established2005group2009.0
Platforms33.0

Accepts residents of United Arab Emirates

Yes

Score (4/6 axes)

4.54 of 5
reviews8025%
safety10020%
track_record10010%
platforms5010%

Shown, not ranked: no round-turn price

Licence check

Licence number
20200000045
Checked
2026-07-09

Register

Who actually onboards you

MEX Global Financial Services L.L.C

Offshore entity

MEX Global Financial Services L.L.C serves UAE retail clients locally; crypto via MEX Digital FZE (MultiBank.io).

Cost against the United Arab Emirates median (40 of 76)

Round turn, USD
not priced
Median
7.0 USD

Distributions across the base

Round-turn cost, USD (40 of 76)

Median 7.0 · Range 3.0–14.0 USD

Minimum deposit, USD (18 of 76)

Median 50.0 · Range 0.0–10000.0 USD

Accounts

Standard (min $50), Pro ($1,000), ECN ($10,000).

Withdrawal time and methods

Withdrawal, h
not stated

Rating, and how many people left it

Reviews
4.6/5 from 2K reviewsgroup

4.6 2K reviews

Software and market access (3)

MT4 · MT5 · MultiBank Plus

FX, metals, indices, shares, commodities, crypto CFDs.

The tax side in United Arab Emirates

0% personal income tax and 0% capital gains tax on individual trading profits (forex, stocks, crypto, derivatives) - as of the review (2026); individuals keep full trading profit. Corporate tax of 9% applies to business profits above AED 375,000 (since June 2023), but a 'Qualifying Free Zone Person' in DIFC/ADGM/DMCC can qualify for 0% on qualifying income. Traders operating as a business/company

Arguments for, arguments against

Pros (2)

  • Licensed locally: 20200000045
  • Swap-free account available

Cons (1)

  • Withdrawal time not published

Other brokers that onboard United Arab Emirates residents (6)

Where it does not serve

United States, United Kingdom, Canada, Iran, Iraq, North Korea, Japan

Methodology

2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%

Methodology

Verified · what changed · sources (3)

Checked: 2026-07-09

FAQ (3)

Does MultiBank Group accept residents of United Arab Emirates?

Yes.

Which entity onboards a United Arab Emirates client of MultiBank Group?

MEX Global Financial Services L.L.C

What licence does MultiBank Group hold for United Arab Emirates?

Licence 20200000045.