MultiBank Group, the largest financial derivatives institution worldwide headquartered in Dubai, announced today that its latest European subsidiary, MEX Europe Ltd, has been granted a license by the Cyprus Securities and Exchange Commission (CySEC) to provide services to clients in full compliance with the applicable laws in European markets.

This significant development marks yet another major milestone for the Group and demonstrates its continuing unwavering commitment to achieving the highest echelon of regulatory standards and security of funds.

"We are immensely proud of MultiBank Group obtaining the CySEC license, reflecting our dedication to continuously developing the world’s leading regulated financial products and services ecosystem," said Naser Taher, Founder of MultiBank Group. "MultiBank Group has been operating in the financial services industry with an unblemished track record, for over 20 years, and as such, it has built a reputation for providing the highest level of funds security, first-class financial services, award-winning technology and products that have made MultiBank the world’s most widely used financial derivatives broker with a loyal valued customer base of over 1,000,000 users”.

The unveiling of MEX Europe comes when the MultIBank Group is expecting to go public in 2023 with several ground-breaking projects including an inter-bank ECN trading platform for financial institutions and banks, a digital assets exchange regulated in Australia, an enhanced state-of-the-art social trading application and a global digital payments processor which will be combined to create the world’s first cross-asset ecosystem, aiming to bridge the gap between traditional and other emerging forms of finance.

In addition to the CySEC license, MultiBank Group announced last October it had obtained licenses from SCA of the UAE and MAS of Singapore. MEX Europe joins the ranks of other financial institutions within the MultiBank Group that are regulated by prestigious regulatory authorities, including SCA, MAS, CySEC, ASIC, AUSTRAC, BaFin, FMA, FSC, CIMA, TFG, and VFSC. With 12 regulators, the MultiBank Group demonstrates its dedication to providing a fully regulated and secure trading environment for its clients worldwide. From its establishment in 2005 to this day, MultiBank Group has maintained an unblemished regulatory record and currently maintains over 25 branches worldwide.


MultiBank Group was established in California, USA, in 2005. It boasts a daily trading volume of over US $12.1 billion and evolved into one of the largest online financial derivatives providers worldwide, providing award-winning trading platforms and leverage up to 500:1 on products including Forex, Metals, Shares, Commodities, Indices, and Digital Assets. For more information, visit