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MultiBank Eyes Middle East Expansion With Abu Dhabi Office

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Written By
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Written By
James Barra
Head of Content
James is Head of Content and a brokerage expert with a background in financial services. A former management consultant, he's worked on major operational transformation programmes at top European banks. A trusted industry name, James's work at DayTrading.com has been cited in publications like Business Insider.
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Tobias Robinson
CEO and Head of Broker Testing Panel
Tobias is the CEO of DayTrading.com, an active investor, and a brokerage expert. He has over 30 years of experience in financial services, including supervising the reviews of more than 500 trading brokers, and contributing via CySEC to the regulatory response to digital options and CFD trading in Europe. Tobias' expertise make him a trusted voice in the industry, where he's been quoted in various financial organizations and outlets, including the Nasdaq.
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Fact Checked By
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William Berg
Securities Law Expert
William contributes to several investment websites, leveraging his experience as a consultant for IPOs in the Nordic market and background providing localization for forex trading software. William has worked as a writer and fact-checker for a long row of financial publications.
Updated

Published on: Aug 22, 2025

MultiBank has announced plans to open an office in the United Arab Emirates’ capital of Abu Dhabi. The move should allow it to provide localized support for traders in the region.

This follows a pattern of established forex and CFD brokers opening offices in the UAE, including XTB, Interactive Brokers, and CMC Markets.

Key Takeaways

  • MultiBank’s new Abu Dhabi office should enable faster client onboarding, smoother relationship management, and local support.
  • Earlier this year, MultiBank added stock CFDs from the Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX).
  • The year before, MultiBank rolled out a new platform and app that we tested, and that impressed with its TradingView charting tools.

The UAE Remains A Growth Area For Brokers

It’s unsurprising to see MultiBank follow in the footsteps of other brokerages that have cottoned on to the potential new clients in the Middle East and North Africa (MENA).

An article from ContentWorks noted: “The United Arab Emirates (UAE) is not new to forex but it is having a surge currently and is emerging as a significant hub for trading.”

Stats from their report show UAE traders made up $468.9 billion in trading volume at Capital.com in 2024, accounting for a chunky 25%+ of the platform’s global activity.

About MultiBank

MultiBank is a long-standing broker, launched in 2005. It’s widely regulated, including by the Monetary Authority of Singapore (MAS), the Cyprus Securities & Exchange Commission (CySEC), and the Australian Securities & Investments Commission (ASIC).

It facilitates trading in a growing selection of over 1000 financial instruments, from currencies to CFDs on stocks, indices, metals, commodities, and crypto.

Alongside popular third-party platforms like MetaTrader 5 (MT5), active traders can use the broker’s user-friendly MultiBank-Plus.

New traders can get started with a $50 minimum deposit.

Your capital is at risk. Trade only with funds you can afford to lose.
MultiBank FX is an established broker offering forex and CFD products since 2005. With 20,000+ instruments, plenty of local payment methods and 24/7 multilingual customer support, the broker is a popular choice among traders globally. New clients can also access a variety of bonus offers and access the hugely popular MT4 and MT5 trading platforms.