MultiBank Group Review 2026
The full MultiBank Group write-up for Kenya traders: the kitchen inspection, the ingredient costs, the bill, and our straight verdict.
Regulation in Kenya
| Regulator | FSA FSA, Seychelles Financial Services Authority (FSA) |
| Licence Number | SD036 |
| Regulated Entity | MBG Investments Ltd |
| Max Leverage (Forex) | 1:500 |
| 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
Cooks under FSA (licence SD036). Cover charge $50. In Kenya, forex leverage is capped at 1:500.
About MultiBank Group
MultiBank Group opened its doors in 2005 out of a kitchen in Dubai, UAE. Its menu runs to 20,000 tradeable instruments, forex pairs alongside CFDs on stocks, indices and commodities. It holds licences across several jurisdictions, with the head licence carried by MBG Investments Ltd under FSA.
In Kenya, MultiBank Group serves as MBG Investments Ltd, cleared by FSA under licence number SD036. Under FSA house rules, Kenya traders are poured no more than 1:500 leverage on forex pairs.
Trading Platforms
Pros
- FSA regulated, licence SD036
- 20,000+ instruments to trade
- Negative balance protection in Kenya
- Platforms: MT4, MT5, MultiBank App
- Founded in 2005 (21 years operating)
- 20,000+ instruments, one of the widest menus reviewed
Cons
- No inactivity fee
- 76% of retail clients burn their fingers
- CFDs only, you trade the price, you never own the dish
- No real stock ownership
Frequently Asked Questions
Is MultiBank Group regulated?
Yes. MultiBank Group is authorised by FSA, issued to the entity MBG Investments Ltd, an authorisation you can look up for yourself on the official FSA public register.
What is the minimum deposit for MultiBank Group in Kenya?
The cover charge is $50, the smallest amount Kenya traders need to open a live account with MultiBank Group under FSA rules.
What leverage does MultiBank Group offer in Kenya?
In Kenya, FSA rules cap MultiBank Group at 1:500 on forex pairs. A larger pour is sometimes available through offshore-regulated entities, with thinner protection to match.
Is MultiBank Group safe to trade with?
The kitchen passes inspection: MultiBank Group cooks under FSA. A tier-1 regulator insists on segregated client money, negative balance protection and independent audits, while lighter offshore regimes offer weaker cover and often no compensation scheme. That does not make trading risk-free, so check which entity holds your account and what protections actually apply before you deposit.
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