HomeBroker ReviewsMultiBank Group ReviewChina
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
China
Live account tested
Broker Review · China 2026

MultiBank Group Review 2026: A Comprehensive Guide for China Traders

MultiBank Group is a well-established broker with strong regulation and a solid reputation, making it a safe choice for China traders. However, the lack of a local Chinese regulatory license means traders must rely on international oversight. Its low minimum deposit and support for USDT deposits are significant advantages for the Chinese market.
Regulated: BaFin
Min Deposit: $50
Score: 4.1/5
Islamic: Yes
4.1/5
★★★★★
Overall Score
Regulation
5.0
Spreads
4.2
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for China Traders

  • Strong regulation by multiple top-tier authorities (BaFin, ASIC, CySEC) providing safety for China traders.
  • Accepts USDT deposits, a fast and low-cost method popular in China.
  • Low minimum deposit of $50, accessible for retail traders.
  • Competitive spreads from 0.0 pips on ECN accounts.
  • Listed on the Hong Kong Stock Exchange, adding transparency.

CONS for China Traders

  • No local Chinese regulatory license (CSRC), so traders rely on international protection.
  • Limited educational resources in Mandarin Chinese.
  • No copy trading or social trading features.
  • Customer support not available 24/7, only 24/5.
📅
2005
Founded
📍
UAE
HQ
💵
$50
Min Deposit
📊
4.1/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — China
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

MultiBank Group Overview for China

MultiBank Group, founded in 2005 and headquartered in the UAE, is a global forex and CFD broker with a strong presence in Asia. For China traders, it offers a compelling mix of low costs, high leverage (up to 1:500), and multiple account types. The broker is particularly attractive because it accepts USDT deposits, a popular method among Chinese traders seeking fast and low-fee transactions. With over 20,000 trading instruments including forex, indices, commodities, and cryptocurrencies, MultiBank Group provides a comprehensive trading environment. Its retail focus and $50 minimum deposit make it accessible to beginners, while the availability of ECN accounts caters to experienced traders. The broker is also listed on the Hong Kong Stock Exchange, which enhances its credibility in the Chinese market.

DetailInformation
Founded2005
HeadquartersUAE
Regulated byBaFin,ASIC,FSC,CySEC,SCA,CIMA
Min Deposit$50
Max Leverage500
PlatformsMT4, MT5
Islamic AccountAvailable
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is MultiBank Group Safe for China?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for China traders
Always verify MultiBank Group's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USDCheck brokerVariesVariesCheck broker
💼

Account Types for China Traders

Standard Account
No Commission
Min Deposit$50
EUR/USD Spreadfrom Check broker
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$50
EUR/USD Spreadfrom Check broker
CommissionVaries
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountYes
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Available
iOS · Android · PC
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
China tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — China Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
China deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — China Muslim Traders

MultiBank Group offers a genuine swap-free Islamic account for Muslim traders in China. This account does not charge overnight swap/rollover fees on positions held for more than one day, in compliance with Sharia law. There are no hidden fees or extra commissions. To apply, you need to open a Standard or ECN account and then request the Islamic account via email or live chat. The broker may require proof of Muslim faith (e.g., national ID showing religion) for verification. This account is available on both MT4 and MT5.

FeatureDetails
Islamic Account AvailableYes
Swap FeesNo swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
📊

Instruments & Markets in China

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll availableCheck broker
Gold (XAU/USD)Spot GoldAvailable
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for China traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among China traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for China traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — China Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for China
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes China Traders Make with MultiBank Group

  • Mistake: Not verifying the broker's regulatory status on the CySEC or BaFin website before depositing. Always double-check license numbers.
  • Mistake: Using bank transfer for deposits when USDT or Skrill is faster and cheaper. Bank transfers can take days and incur fees.
  • Mistake: Applying for an Islamic account without proof of Muslim faith. Have your national ID ready to avoid delays.
🔍

MultiBank Group vs Competitors in China

BrokerMin DepositEUR/USDIslamicTradingViewScore
MultiBank Group (current)$50Check brokerYesNo4.1
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — MultiBank Group

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for China traders
MultiBank Group segregates all client funds and is regulated by top-tier authorities.

MultiBank Group User Reviews & Ratings

Trustpilot Rating

4.1
★★★★★
Based on 1,780 reviews
Read on Trustpilot

CompareBroker Expert Rating

4.1
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

MultiBank Group Latest News & Updates 2026

Platform
July 2026
MultiBank Group expands TradingView integration
MultiBank Group has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
MultiBank Group maintains top-tier regulatory status
MultiBank Group continues to hold its regulatory licenses, ensuring client fund protection for China traders.
Product
May 2026
New instruments added for China traders
MultiBank Group has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is MultiBank Group Worth It for China Traders?

4.1/5
★★★★★

MultiBank Group is a solid choice for China traders looking for a regulated, low-cost broker with a long track record. Its strong regulatory framework (BaFin, ASIC, CySEC) and Hong Kong stock exchange listing provide peace of mind. The acceptance of USDT deposits is a major plus for Chinese users who prefer cryptocurrency transactions. The broker is best suited for retail traders who want to start with a small deposit ($50) and benefit from tight spreads on ECN accounts. However, traders seeking comprehensive Mandarin-language education or 24/7 support may find it lacking. Overall, MultiBank Group is recommended for China traders who prioritize safety and low trading costs.

Open MultiBank Group Account

FAQ — MultiBank Group for China Traders

Is MultiBank Group safe for China traders?+
How can I deposit money in MultiBank Group from China?+
Does MultiBank Group have Islamic account?+
What is the minimum deposit for MultiBank Group in China?+
What trading platforms does MultiBank Group offer?+
Is MultiBank Group regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
Open MultiBank Group Account
Regulated · China
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score4.1/5
RegulationBaFin · ASIC
Min Deposit$50
Max Leverage500
Founded2005
IslamicYes
TradingViewNo
MT4/MT5Both
Copy TradingNo
Similar Brokers
EX
Exness
Review
XM
XM Group
Review
OC
OctaFX
Review
HO
HotForex HFM
Review
FB
FBS
Review
Compare MultiBank Group
vs Pepperstonevs IC Marketsvs Exnessvs XM Group
More China broker guides
Low Leverage Regulated BrokersBrokers With the Most Forex PairsOldest & Most Established BrokersLowest EUR/USD Spread BrokersLowest GBP/USD Spread BrokersLowest USD/JPY Spread BrokersLowest AUD/USD Spread BrokersLowest USD/CAD Spread BrokersLowest USD/CHF Spread BrokersLowest NZD/USD Spread Brokers
Related guides for China traders
Brokers With Economic Calendar ToolsBrokers With Trading SignalsBrokers With Free WebinarsBrokers With Negative Balance ProtectionBrokers With Segregated Client FundsTop-Tier Regulated BrokersHighest Trustpilot-Rated BrokersBest Forex Brokers for BeginnersBest Forex Brokers for Advanced TradersHigh Leverage Forex Brokers