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MultiBank Group Review
MultiBank Group general information
| Founded in: | 2005 year |
| Headquarters: | Hong Kong |
| Minimum Deposit: | 0 $ |
| Website: | multibankfx.com |
| Website languages: | English |
| Execution model: | ECN |
| Deposit currency: |
USD, EUR, JPY, GBP, AUD, CHF, CAD, MXN, NZD, INR |
| Support languages: |
English, Arab, Vietnamese, Indonesian, Spanish, Italian, Chinese, Malay, Portuguese, Russian, Thai, Turkish, Ukrainian, Philippine, French, Hindi |
| Regulated by: | ASIC (Australia) license №416279 |
| Mobile trading: | iOS, Android |
| Types of offered accounts: |
Demo accounts (with a time limit), Standard Accounts, ECN accounts, Swap free accounts, VIP accounts, Micro accounts, Segregated accounts |
| Trust management: | PAMM, MAM |
| Autotrading: | MQL.5 Signals |
| Affiliate program: | Yes |
MultiBank Group Forex broker description
MultiBank Group was established in California, USA, in 2005 and is headquartered in Hong Kong. Since its launch, MultiBank has evolved into one of the largest financial derivatives companies worldwide, with a current paid up capital of over US$322 million.
Combining prime liquidity, cutting edge technology and first-class customer service, MultiBank Group delivers advanced trading platforms and tight pricing in online financial products, including Forex, Metals, Shares, Commodities, Indices and Cryptocurrencies. MultiBank Group boasts a daily trading volume in excess of $7.2 billion and provides services to over 280,000 clients across 90 countries worldwide.
Our mission at MultiBank Group is to provide exceptional products and services to our clients, and as such, we vow to continue our heavy investments into technology and regulations to benefit our customers and the forex industry as a whole.
MultiBank Group is comprised of a number of companies which are licensed and regulated worldwide through relevant authorities including ASIC in Australia, BaFin in Germany, FMA in Austria, CNMV in Spain, CIMA in the Caymans and others.
MultiBank Group maintains a large global presence, and has offices worldwide, including MEX Fintech Limited (Hong Kong), MultiBank Forex Exchange (USA), MEX Exchange (Australia), MEX Asset Management (Germany), MEX Asset Management (Austria), MEX Spain, MEX MENA (UAE), MEX Group (China), MultiBank Vietnam, MEX Prime (Cyprus), MultiBank FX International (BVI) and MEX Wealth Management (Cayman Islands).
Trading Accounts
MultiBank Group offers different types of accounts on MT4 & MT5 trading platforms to suit traders needs and trading strategies.
STANDARD ACCOUNT
This trading platform is ideal for Introducing Brokers and traders seeking a no-frill trading experience.
Minimum initial deposit of $50
Spreads from 1.5 pips
Leverage up to 500:1
Social Trading
24/7 technical and account support
Multilingual customer service
PRO ACCOUNT
Ideal for traders looking for an ECN experience without high investment commitment.
Minimum initial deposit of $1,000
Spreads from 0.8 pips
Leverage up to 500:1
Social Trading
24/7 technical and account support
Multilingual customer service
ECN ACCOUNT
This account offers tightest spreads in the industry. Prime brokers receive raw price feed exclusively through ECN connection.
Minimum initial deposit of $5,000
Spreads from 0.0 pips
Leverage up to 500:1
Social Trading
24/7 technical and account support
Multilingual customer service
Trading accounts of MultiBank Group
- Standard
- PRO
- ECN
| Trading platforms: | MetaTrader 4, MetaTrader 5, Meta Trader 4 Mobile, MetaTrader 5 Mobile |
| Minimum Deposit : | 50 $ |
| Deposit currency : |
USD - US Dollar EUR - Euro JPY - Japanese Yen GBP - British Pound AUD - Australian Dollar CHF - Swiss Franc CAD - Canadian Dollar MXN - Mexican Peso NZD - New Zealand Dollar INR - Indian Rupee |
Trading instruments:
| Forex1:500
Number of currency pairs: 39
CFD's1:20 Metals1:500
Energy sources1:50
Cryptocurrencies |
Stop Out:
| 50 % |
Minimum position size:
| 0.1 лотов |
Execution type:
| Instant Execution |
Swap Free:
| Yes |
VIP Account:
| Yes |
Spread type:
| Floating |
Decimal places:
| 5 characters |
Margin Call:
| 50 % |
Locked Margin level:
| 50 % |
Speed of execution:
| 0.1 sec. |
Phone trading:
| Yes |
| Trading platforms: | MetaTrader 4, MetaTrader 5, Meta Trader 4 Mobile, MetaTrader 5 Mobile |
| Minimum Deposit : | 1000 $ |
| Deposit currency : |
USD - US Dollar EUR - Euro JPY - Japanese Yen GBP - British Pound AUD - Australian Dollar CHF - Swiss Franc CAD - Canadian Dollar MXN - Mexican Peso NZD - New Zealand Dollar INR - Indian Rupee |
Trading instruments:
| Forex1:500
Number of currency pairs: 39
CFD's1:20 Amount of assets : 20000
Metals1:500
Energy sources1:50
Cryptocurrencies |
Stop Out:
| 50 % |
Minimum position size:
| 0.1 лотов |
Execution type:
| Instant Execution |
Swap Free:
| Yes |
VIP Account:
| Yes |
Spread type:
| Floating |
Decimal places:
| 5 characters |
Margin Call:
| 50 % |
Locked Margin level:
| 50 % |
Speed of execution:
| 0.1 sec. |
Phone trading:
| Yes |
| Trading platforms: | MetaTrader 4, MetaTrader 5, Meta Trader 4 Mobile, MetaTrader 5 Mobile |
| Minimum Deposit : | 0 $ |
| Deposit currency : |
USD - US Dollar EUR - Euro JPY - Japanese Yen GBP - British Pound AUD - Australian Dollar CHF - Swiss Franc CAD - Canadian Dollar MXN - Mexican Peso NZD - New Zealand Dollar INR - Indian Rupee |
Trading instruments:
| Forex1:500
Number of currency pairs: 39
CFD's1:20 Amount of assets : 20000
Metals1:500
Energy sources1:50
Cryptocurrencies |
Stop Out:
| 50 % |
Minimum position size:
| 0.1 лотов |
Execution type:
| Instant Execution |
Swap Free:
| Yes |
VIP Account:
| Yes |
Spread type:
| Floating |
Decimal places:
| 5 characters |
Margin Call:
| 50 % |
Locked Margin level:
| 50 % |
Phone trading:
| Yes |
Recent customer reviews of MultiBank Group
Advantages: Great trading conditions with bonuses
Disadvantages: None
Comment: It didn't take me long to open an account with this broker, and moreover, it turned out to be a great option for beginners. I started trading immediately, and I managed to profit in the first month. Trading conditions there are the best, and I don't even think about switching to anything else (at least, in the nearest future). But I doubt I'll be able to find something better. So if you're determined to get into trading, choosing this broker can be highly beneficial for you.
Advantages: I was able to recover my funds
Disadvantages: Scammed company
Comment: Easy said than done , I traded with MultiBank for 4months hoping to get the best , but after much profit I was denied withdraw I tried severely till my account was blocked but thank God for One Standard Finance who made it possible for me to get all that have loss and even made more money with their unique and accurate signals. Get One Standard Finance via mail at, support at onestandardfinance com I believe within 24hours of meeting them your story must change.
