MultiBank
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MultiBank is a financial derivatives institution brokerage specializing in online trading of foreign exchange (forex), gold, silver, contracts for difference (CFDs), and cryptocurrencies. It was founded in 2005 and is headquartered in Dubai, United Arab Emirates.[1]
History
[edit]MultiBank was founded in 2005 in California, United States, by Naser Taher.[1]
In late 2022, MultiBank relocated its headquarters from Hong Kong to Dubai in the UAE.[2] Later, it acquired new licences from the UAE’s Securities and Commodities Authority (SCA) and the Monetary Authority of Singapore.[2]
Operations
[edit]MultiBank is headquartered in Dubai, and operates through more than 25 offices across five continents, including Asia, Europe, the Middle East, and Latin America.[2] It serves both retail and institutional clients through various regulated subsidiaries. Its entities hold licences from regulators such as the Australian Securities & Investments Commission (ASIC), the BaFin in Germany, the Cyprus Securities and Exchange Commission (CySEC), the UAE Securities and Commodities Authority (SCA) and the Monetary Authority of Singapore (MAS).[1][2]
Multibank’s primary business involves online brokerage services for trading in financial derivatives. Other tradable instruments include foreign-exchange currency pairs, equities and stock indices, precious metals, commodities and cryptocurrencies.[1]
Platform
[edit]MultiBank Plus is an all-in-one trading platform developed by MultiBank Group, offered as both a mobile application and a web-based trading platform.[3]
References
[edit]- ^ a b c d Staff, Entrepreneur Middle East (December 20, 2024). "The 100: Naser Taher, Founder and Chairman, MultiBank Group". Entrepreneur.
- ^ a b c d Segal, Gerald (November 18, 2022). "MultiBank relocates its headquarters from Hong Kong to Dubai". FX News Group.
- ^ "History of MultiBank".