MultiBank Launches New Unit MEX Orient

Dubai-based Retail FX and CFDs broker MultiBank Group has formed a new unit, MEX Orient, in collaboration with industry executive Niki Saki. The unit is intended to serve clients in smaller, underserved markets globally, according to information provided by the company.

MEX Orient will operate as a partner and affiliate of MultiBank Group, with Niki Saki leading the initiative. The unit is currently recruiting introducing brokers (IBs) and country managers across various regions. While the official website, mexorient.com, does not yet appear to be operational, the move indicates MultiBank's interest in expanding its reach into less traditional markets.

MultiBank, which moved its headquarters from Hong Kong to Dubai in 2022, has historically focused on the Far East. The creation of MEX Orient suggests a strategic shift toward broader global markets, particularly those that have received less attention from major brokerage firms.

Niki Saki, based in Dubai, has operated an FX Broker advisory firm through her website, nikisaki.com, for several years. In a social media post, Saki commented on the new venture, stating:

"MEX Orient—Part of the MultiBank Group Family—is Ready to Conquer Global Markets! MultiBank is not just a forex broker—it is a masterpiece, a lasting legacy crafted by the fearless leader, visionary, and artist, Naser Taher."

Saki described MultiBank Group as "a comprehensive and professional ecosystem that, in my view, ranks among the top 10 brokerage firms in the world." She noted the group's liquidity, technology, and regulatory approvals from over 20 bodies, calling it "one of the most transparent and reliable financial organizations globally."

Regarding MEX Orient's objectives, Saki added: "As a partner and affiliate of MultiBank Group, MEX Orient is set to launch soon with a mission to attract top talent and provide exceptional opportunities for financial market professionals worldwide. Our goal is to transform this system into a cultural bridge in financial markets, pioneering specialized operations tailored to different regions and their unique economic landscapes."

Saki also acknowledged MultiBank Group's founder, Naser Taher, for his support and thanked the broader MultiBank team for their contributions to the initiative.