MultiBank Reports 18% Revenue Growth in 2024, Serving 2 Million Traders

MultiBank Group, a financial derivatives institution based
in Dubai, reported a strong financial performance for 2024. According to its
latest audited financial statements, the company achieved a revenue of $361.87
million, an 18% increase from the previous year’s $306.64 million.

“Global Expansion” Drives Daily Trading Volume
to over $25.6 Billion

“Our exceptional financial results are a testament to
our relentless pursuit of excellence, innovation, and client trust,” Naser
Taher, Founder and Chairman of MultiBank Group, said

EBITDA grew by 24.5%, reaching $284.91 million, compared to
$228.79 million in 2023. The group’s net income also rose by 16%, from $226.84
million to $264.05 million, reflecting continued operational efficiency.

“As we continue to expand globally, we remain committed
to providing world-class financial solutions that empower traders and
institutions worldwide. We look forward to building on this success in the
years ahead,” Taher added.

The company manages a daily trading volume of over $25.6
billion and serves more than 2 million traders across 100 countries. It holds
licenses from 17 financial regulators worldwide.

MultiBank Group, a financial derivatives institution based
in Dubai, reported a strong financial performance for 2024. According to its
latest audited financial statements, the company achieved a revenue of $361.87
million, an 18% increase from the previous year’s $306.64 million.

“Global Expansion” Drives Daily Trading Volume
to over $25.6 Billion

“Our exceptional financial results are a testament to
our relentless pursuit of excellence, innovation, and client trust,” Naser
Taher, Founder and Chairman of MultiBank Group, said

EBITDA grew by 24.5%, reaching $284.91 million, compared to
$228.79 million in 2023. The group’s net income also rose by 16%, from $226.84
million to $264.05 million, reflecting continued operational efficiency.

“As we continue to expand globally, we remain committed
to providing world-class financial solutions that empower traders and
institutions worldwide. We look forward to building on this success in the
years ahead,” Taher added.

The company manages a daily trading volume of over $25.6
billion and serves more than 2 million traders across 100 countries. It holds
licenses from 17 financial regulators worldwide.

This post is originally published on FINANCEMAGNATES.

  • Related Posts

    These Names May Soon Be Reserved for Regulated Firms in Hong Kong

    Hong Kong’s Securities and Futures Commission (SFC) has proposed new rules to clamp down on unregulated entities using misleading names. The aim is to reduce public confusion and protect investors…

    MetaQuotes’ MT5 Update Lands Weeks After China Connectivity Woes

    In this video, we review Hola Prime, a proprietary trading firm offering funded accounts to skilled traders. We cover everything from their one-hour payout system and compliance structure to their…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Why Sometimes News Doesn’t Move the Market?

    • June 12, 2025
    Why Sometimes News Doesn’t Move the Market?

    These Names May Soon Be Reserved for Regulated Firms in Hong Kong

    • June 12, 2025
    These Names May Soon Be Reserved for Regulated Firms in Hong Kong

    What Is Overleveraging in Forex and How to Avoid It?

    • June 12, 2025
    What Is Overleveraging in Forex and How to Avoid It?

    MetaQuotes’ MT5 Update Lands Weeks After China Connectivity Woes

    • June 12, 2025
    MetaQuotes’ MT5 Update Lands Weeks After China Connectivity Woes

    How to Choose Lot Size Based on Account Type?

    • June 12, 2025
    How to Choose Lot Size Based on Account Type?

    The Future of B2B Payments: Will Blockchain Finally Solve Cross-Border Payment Inefficiencies?

    • June 12, 2025
    The Future of B2B Payments: Will Blockchain Finally Solve Cross-Border Payment Inefficiencies?