MultiBank Group Review 2026
Full MultiBank Group review for New Zealand traders — regulation, spreads, fees and our honest verdict.
Regulation in New Zealand
| Regulator | ASIC ASIC — Australian Securities and Investments Commission (ASIC) |
| Licence Number | 416010 |
| Regulated Entity | MultiBank Australia Pty Ltd |
| Max Leverage (Forex) | 1:30 |
| Minimum Deposit | $50 |
| EUR/USD Spread | From 0.0 pips (ECN/Raw) |
| Instruments | 20,000+ |
| Platforms | MT4, MT5, MultiBank App |
| Copy Trading | ✗ |
| Real Stocks | ✗ |
| Inactivity fee | No inactivity fee |
Verdict
Regulated by ASIC (licence 416010). Minimum deposit $50. In New Zealand: maximum forex leverage 1:30.
About MultiBank Group
MultiBank Group was founded in 2005 and is headquartered in Dubai, UAE. The broker offers 20,000 tradeable instruments including forex pairs, CFDs on stocks, indices and commodities. It is regulated across multiple jurisdictions with a primary licence held by MultiBank Australia Pty Ltd under ASIC.
In New Zealand, MultiBank Group operates as MultiBank Australia Pty Ltd, authorised by ASIC under licence number 416010. New Zealand traders are subject to a maximum leverage of 1:30 on forex pairs under ASIC rules.
Trading Platforms
Pros
- ASIC regulated — licence 416010
- 20,000+ instruments to trade
- Negative balance protection in New Zealand
- Platforms: MT4, MT5, MultiBank App
Cons
- No inactivity fee
- 76% of retail clients lose money
- CFD trading — you do not own the underlying asset
- No real stock ownership
Frequently Asked Questions
Is MultiBank Group regulated?
MultiBank Group holds ASIC licence 416010, issued to the regulated entity {entity}. This is a real, verifiable licence recorded in the official ASIC public register.
What is the minimum deposit for MultiBank Group in New Zealand?
The minimum deposit is $50. This is the amount required to open a live trading account for traders in New Zealand under ASIC regulation.
What leverage does MultiBank Group offer in New Zealand?
In New Zealand, MultiBank Group offers maximum forex leverage of 1:30 under ASIC rules. Higher leverage may be available through offshore-regulated entities.
Is MultiBank Group safe to trade with?
MultiBank Group is regulated by ASIC, which requires segregated client funds, negative balance protection and independent audits. Regulation does not eliminate trading risk, but it provides meaningful investor protection.
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