MultiBank Group

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MultiBank Group
Private
IndustryFinancial services
Founded2005
FounderNaser Taher
HeadquartersDubai, United Arab Emirates
Area served
Worldwide
Key people
  • Naser Taher (Founder & Chairman)
  • Zak Taher (Chief Business Officer, MultiBank Group; CEO, MultiBank.io)
ProductsForeign exchange, contracts for difference, digital asset services
Websitehttps://multibankgroup.com

MultiBank Group is a Dubai-based financial services company operating in online trading and brokerage services. Founded in 2005, the group provides access to foreign exchange and contracts for difference (CFDs) through regulated subsidiaries and also operates digital-asset related services through affiliated platforms.

History

MultiBank Group was founded in 2005 by Naser Taher as an online foreign exchange brokerage.[1]

Over time, the company expanded its product offering beyond foreign exchange to include contracts for difference (CFDs) on commodities, indices, and equities, operating through regulated entities in multiple jurisdictions.[2]

In 2022, MultiBank Group relocated its headquarters from Hong Kong to Dubai.[3]

Operations

MultiBank Group operates through multiple business divisions. Its core brokerage activities are conducted through MultiBank FX, which provides online trading services in foreign exchange and contracts for difference (CFDs) to retail and professional clients.[1][2]

The group also operates MultiBank.io, a digital asset platform that provides cryptocurrency trading services.[4]

Digital asset activities

In July 2025, MultiBank.io launched the MBG token, which was made available for trading on several cryptocurrency exchanges.[5]

In August 2025, MultiBank Group announced a collaboration with former mixed martial arts champion Khabib Nurmagomedov related to a sports-technology project involving digital asset tokenization.[6]

Leadership

The company was founded by Naser Taher, who serves as chairman. Zak Taher serves as Chief Business Officer of MultiBank Group and Chief Executive Officer of MultiBank.io.[1]

References

  1. 1.0 1.1 1.2 "MultiBank Group Review". DailyForex. Retrieved 2 January 2026.
  2. 2.0 2.1 "MultiBank Review: Is it safe or a scam?". BrokerChooser. Retrieved 2 January 2026.
  3. "MultiBank Group relocates headquarters to Dubai". Gulf News. 6 December 2022. Retrieved 2 January 2026.
  4. "MAG and MultiBank ink $3 Billion Tokenisation Deal for Real-World Assets". Gulf Business. 9 May 2025. Retrieved 2 January 2026.
  5. "MultiBank Group's MBG utility token debuts on global exchanges". Khaleej Times. 23 July 2025. Retrieved 2 January 2026.
  6. "MultiBank Group, Khabib Nurmagomedov launch sports-tech venture amid global tokenisation boom". Khaleej Times. 19 August 2025. Retrieved 2 January 2026.

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