MultiBank Headquarter Is No Longer In Hong Kong But In Dubai

MultiBank Group, a retail FX and CFDs broker, has announced that its headquarters have been relocated from Hong Kong to Dubai.

MultiBank Group, which was created in 2005, has risen to become the world's largest financial derivatives institution. MultiBank Group just relocated its headquarters from Hong Kong to Dubai, UAE in October 2022. MultiBank Group Chairman, Mr. Taher, stated:

“Recently, MultiBank Group was granted further licenses by the Securities and Commodities Authority of the United Arab Emirates (”SCA“) and the Monetary Authority of Singapore (”MAS). These are two of the world's most prestigious regulators. The Board of Directors had to decide whether to relocate its headquarters to Singapore or Dubai. I am glad to say that after a thorough debate, they unanimously authorized the transfer to Dubai in light of the UAE Government's favorable and encouraging strategy of establishing Dubai as a worldwide major financial hub.

“We are extremely delighted that MultiBank Group has relocated to Dubai with an unblemished track record with its worldwide authorities, bringing the world's biggest financial derivatives institution to solidify its position in the UAE.”

MultiBank Group has onshore and offshore brokerage businesses based in Australia, Germany, the Cayman Islands, the United Arab Emirates, the British Virgin Islands, Austria, Singapore, and Vanuatu.

About MultiBank

In 2005, MultiBank FX was founded in California, USA. The company is currently a multinational organization based in Hong Kong, with 25 offices throughout the globe, including Dubai, Malaysia, London, Marbella, Germany, Australia, and others. Across its branches, the brokerage serves over 320,000 clients in 90+ countries.

MultiBank FX is regulated by ASIC, BaFin, FMA, BVI, CNMV, DFSA, FSC, and CIMA on four continents.

Check out more of MultiBank here: https://www.wikifx.com/en/dealer/0001326398.html

Stay tuned for more Forex broker news.

Download the WikiFX App from the App Store or Google Play Store to stay updated on the latest news.