Recalculated 2026-11-02 · Established 2005 · Kenyan clients served via offshore entit
MultiBank Group — Kenya
MultiBank Group is rated 2.64 out of 5 by our formula (Rank #26 of 36) for traders in Kenya: round turn 6 USD, residents accepted — Through an offshore entity.
Suits you if the round turn is 6 USD against a 7 USD median here · a swap-free account is available · it runs 3 trading platforms
Look elsewhere if the minimum is 50 USD against 25 USD in this market · it holds no licence issued in Kenya · you are onboarded by an offshore entity, not a local one
Key facts (8)
- Who actually onboards you
- Kenyan clients served via offshore entity (BVI FSC / Vanuatu VFSC); no
- Licence number
- not stated
- Established
- 2005group
- Min deposit, USD
- 50 USD
- Platforms
- MT4 · MT5 · MultiBank Plus
- Local funding
- Cards, wire, Skrill/Neteller, crypto; local M-Pe
- Max leverage
- 500geo
- EURUSD
- 1.5 pipsgroup
Accounts (3)
3 of 3 accounts with a published cost per lot
3 of 3 shown
Click a column heading to sort. Figures are list terms, no promo codes.
| Broker · account | Min deposit, USD | Spread | Commission | Cost per lot | Swap-free |
|---|---|---|---|---|---|
| MultiBank GroupStandard | 50 | 1.5advertised | Anyper standard lot | 15round turn, USD | — |
| MultiBank GroupPro | 1000 | 0.8advertised | Anyper standard lot | 8round turn, USD | — |
| MultiBank GroupECN | 10000 | 0advertised | 6per standard lot | 6round turn, USD | — |
This broker against the Kenya middle (37 of 56)
| MultiBank Group | Kenya median | |
|---|---|---|
| Round turn, USD | 6.0 USD | 7.0 USD |
| Min deposit, USD | 50 USD | 25.0 USD |
| Max leverage | 500geo | 500.0geo |
| Withdrawal, h | 1 to 5 business daysgroup | 48.0 h |
| EURUSD, standard | 1.5 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.0 pipsgroup | 0.0 pips |
| Established | 2005group | 2009.0 |
| Platforms | 3 | 3.0 |
Onboards residents through an offshore entity
Offshore; not CMA Kenya regulated. Available to Kenyan residents; no specific local alert verified.
28 of 56 brokers in our base hold a licence issued in Kenya. That is a fact about the market, not about MultiBank Group.
- Who actually onboards you
- Kenyan clients served via offshore entity (BVI FSC / Vanuatu VFSC); no local CMA-licensed
- Licence number
- —
- Local licence
- no
- Checked
- 2026-07-09
Score (6/6 axes)
A weighted average of the axes below. Each axis is measured on the same scale as the score itself, and carries the weight shown beside it.
Check:25.0% × 3.75+ 20.0% × 4.75+ 20.0% × 0.00+ 15.0% × 0.00+ 10.0% × 5.00+ 10.0% × 2.50= 2.64
Ranked against brokers measured on every axis
Licence check
- Licence number
- —
- Checked
- 2026-07-09
Who actually onboards you
Kenyan clients served via offshore entity (BVI FSC / Vanuatu VFSC); no local CMA-licensed entity verified.
Offshore entity
What one lot actually costs in Kenya (37 of 56)
raw+commission
Account types and entry terms
Standard (min $50), Pro ($1,000), ECN ($10,000).
How long a withdrawal takes
Platforms and markets (3)
MT4 · MT5 · MultiBank Plus
FX, metals, indices, shares, commodities, crypto CFDs.
The public rating
4.5/5 rating on Trustpilot across roughly 1,780 reviews
Upsides and the things that are missing
Pros (2)
- Round turn 6.0 USD against a Kenya median of 7.0
- Swap-free account available
Cons (2)
- No local licence: the client is onboarded by a foreign entity
- Carries a regulator warning; excluded from beginner and most-established lists
Where else a Kenya resident can go (6)
Where it does not serve
United States, United Kingdom, Canada, Iran, Iraq, North Korea, Japan
Methodology
the weighted mean of six axes, each on the same 0–5 scale · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Sources (3)
3 sources, read on 2026-07-09. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
- Regulator registers
- 1cma.or.kecma.or.ke · domainRegister
- Aggregators and directories
- 2fxscouts.com/broker/multibankfxscouts.com · pageAggregator
- 3wikifx.comwikifx.com · domainAggregator
FAQ (5)
Does MultiBank Group accept residents of Kenya?
Through an offshore entity.
Which entity onboards a Kenya client of MultiBank Group?
Kenyan clients served via offshore entity (BVI FSC / Vanuatu VFSC); no local CMA-licensed entity verified.
What licence does MultiBank Group hold for Kenya?
No licence number is published for this country.
What does one EURUSD lot cost at MultiBank Group?
6.0 USD per round turn against a Kenya median of 7.0 USD, measured on 37 of 56 brokers.
How long does a withdrawal from MultiBank Group take?
MultiBank Group publishes 1 to 5 business days. Their own wording: “Withdrawals are generally handled within 1 to 5 business days”.