MultiBank Group Historic Milestone in Daily Trading Volume

MultiBank Group Historic Milestone in Daily Trading Volume

MultiBank Group has achieved a historic milestone, announcing on April 3, 2025, that it recorded its highest-ever single-day trading volume, surpassing USD $55.85 billion. This record marks a strong start to the second quarter of 2025, with the company reporting an impressive average daily trading volume of over USD $35 billion during the first four trading days of April.

This achievement comes just one day after the announcement of Trump Tariffs on April 2, which resulted in a decline of over 10% in the shares of publicly traded online brokers, in line with the overall equity market downturn. Despite this, the market volatility seemed to create favorable conditions for online brokers, a trend that MultiBank’s latest announcement seems to confirm.

MultiBank Group Historic Milestone in Daily Trading Volume

Earlier, MultiBank Group reported record-breaking revenues and profits in 2024, with revenue reaching $361.9 million and net income surpassing $264.1 million. The company’s latest achievement further underscores the growing confidence of its global clientele, including individual traders and institutional investors.

Founder and Chairman Naser Taher commented, “We are happy to share these impressive figures with our valued clients and business partners. It displays our financial strength, our drive for technological progress, and the trust our customers place in us.”

The company’s stellar performance is a testament to its unwavering commitment to transparency, security, and regulatory compliance. MultiBank’s remarkable growth in 2024 was driven by international expansion, new product innovations, and the launch of the MultiBank-Plus platform and MultiBank.io Crypto Exchange App, setting new standards in digital assets and cryptocurrencies.

Strategic partnerships have also been integral to MultiBank’s success, with collaborations with Al Ansari Exchange and Mashreq Bank enhancing transaction efficiency, and securing Dubai’s Virtual Asset Service Provider (VASP) license further solidifying its global presence.

Established in 2005, MultiBank Group serves over two million clients across 100 nations, maintaining licenses from 17 regulatory bodies worldwide.

Also, stay updated with the Latest Broker News.

Leave a comment