MultiBank Group will give you a chance to become a huge influence on their platform by gaining followers and copycats. It is professional, fast, profitable, and best of all – automatic. MultiBank
Group has announced a record-breaking third quarter in 2023. With a remarkable
revenue of US $112,365,577 and an astonishing trading turnover of US $3
trillion during this period, MultiBank Group has achieved its most successful
quarter in the company’s history.

  • There are no deposit and withdrawal fees, but third-party commissions may apply.
  • “Our financial results broke new records once again this year, highlighting solid growth, with achievements that are in line with our long-term strategy.
  • Below we will list the branches and the regulators, respectively.
  • With the MT4 app, traders can effectively analyze financial markets, execute advanced trading operations, and even copy deals from other traders, among many other capabilities.
  • MultiBank offers a full ECN model with tight spreads by following a non-dealing desk ECN trade structure that gives direct access to more than 20 interbank trading prices with no conflict of interest.

There are valuable educational resources or courses on the official website. MultiBank Group prioritizes its customers and helps them with informational FAQs, introduction and in-depth courses, and ebooks. Users can also benefit from various indicators, built-in customer service, customizable charts, and expert advisors for automated trading. Depositing and withdrawing funds is also easy through the mobile trading app.

The Trustpilot Experience

We double-checked all of them, and MultiBank Group passed with flying colors. Below we will list the branches and the regulators, respectively. The MultiBank Group has won multiple awards from distinguished media organizations, financial institutions, and publications. The first-ever tag earned by MultiBank is the Best Forex Trading Platform 2011 by Hexun; the most recent award is the Chairman Of The Year 2023 by Le Fonti Awards Dubai.

  • MultiBank Group holds multiple awards that make it an impressive foreign exchange broker in various areas that are beneficial for seasoned traders.
  • For example, the broker is one of the few to offer automated trading.
  • There are different deposit methods, including instant payments, bank transfers, crypto payments, and SEPA, with variable minimum deposit requirements and charges.
  • They also get access to a variety of high-quality tools and materials to officially promote the platform’s services and products.
  • All users need to do is download and install the MultiBank FX mobile apps free of cost from respective app stores.

I am thrilled to give them a well-deserved 5-star rating for the outstanding service they provided throughout our partnership. Especially with the help of my account manager Mr. Cherukad Mashoodh, thanks bro! limefx scammers puts their clients’ safety above all else, proving a large list of regulators from all around the world. If this is not your first hint to trust them, you can personally get in touch with them and you will see how professional they are. Their support is always available to help you with any questions or issues you might be facing. Thus, we are incredibly happy to see such supportive brokers like MultiBank Group.

It is mostly suitable for high rollers as the minimum deposit requirement is quite high at $5000. The commission charged for an ECN account is $3 per lot for trade for trading forex. The MultiBank Group offers state-of-the-art forex trading platforms specially developed and designed to offer stability and allow real-time trading.

Web Trader MT5 on the MultiBank platform allows forex and CFD trading in the most secure manner. MultiBank users can utilize all types of trade operations, more than 30 indicators, 24 graphical objects for technical analysis, different chart types and time frames with real-time quotes in Market Watch, and many more. They provide me with the excellent support and fast feedback. From all our intensive research about MultiBank Group, we have nothing else to say but that they are one of the best we have come across.

I have been trading stocks for a while…

It is hard to find safe and legal brokers, nowadays, but luckily, we have come across one of the best brokerages in the world. This MultiBank Group review will focus on all aspects of this brand. We found a lot of pros and cons thanks to their extremely informative website.

Keep in mind, there are possibilities to lose money when trading. Therefore, this might make trading a little riskier for an inexperienced investor. The MultiBank Group offers an Islamic account, also known as the swap-free account, that does not rollover or swap interest on overnight positions considering the Islamic faith. The rollover or swap rate is an interest charged when traders keep positions open overnight. Every currency pair has a unique swap rate calculated based on 1 standard lot and determined by interbank rates.

All users need to do is download and install the MultiBank FX mobile apps free of cost from respective app stores. Another useful tool offered by MultiBank is the Economic Calendar which covers main economic events, news, and announcements, taking place worldwide that substantially impact the financial markets. All events and news are updated in real-time as soon as any information is released. The Economic Calendar provides general information and is intended for informative purposes only. Both beginners and professional traders can trade more than 20,000 instruments, including forex, shares, indices, metals, commodities, and even cryptocurrencies.

Furthermore, the broker offers highly inclusive platforms, allowing all traders to choose what they are most comfortable with. In fact, some of the platforms even offer special bonuses, which you can view above. With the MT4 app, traders can effectively analyze financial markets, execute advanced trading operations, and even copy deals from other traders, among many other capabilities. Meanwhile, the MultiBank Group is regulated by seven major financial regulators worldwide. The regulator list is really impressive and it includes, financial watchdogs like ASIC, BAFIN, CIMA, FMA, TFG, MAS, AUSTRAC, BVI, VFSC. Their different branches also have corresponding regulators watching over them.

MultiBank Group Review 2023: Is It Legit or Scam?

With under 20 millisecond execution, you will get access to over 55 currency pairs, metals, and all major assets with MultiBank Group. MultiBank FX has come out in the limelight by offering a 20% deposit bonus, allowing traders to claim up to $40,000 by making a minimum deposit of $1000. MultiBank has the best free VPS (Virtual Private Servers) hosting in the market through supplied reliable hosting vendors. With this feature, traders can run their trading terminals 24×7 and experience the most reliable and stable trading conditions. MultiBank offers its services to an international demographic of traders in partnership with affiliates from more than 20 offices within the world’s financial centers.

They are professional

Many seasoned traders recommend MultiBank for offering secure trading platforms that are heavily regulated and uphold stringent rules, thereby offering its clients the highest degree of funds security to its clients. The MultiBank Group is globally recognized as one of the most popular trading platforms and largest online financial derivatives providers due to its accumulated paid-up capital of more than $322 million. MultiBank Group offers one of the safest trading platforms closely supervised by more than 10 financial regulators around the world across multiple jurisdictions that guarantee protection to investors and traders. It is regulated by AUSTRAC, BAFIN, ASIC, CIMA, ESCA, FMA, MAS, FSC, VFSC, and TFG.

They offer a wide range of options for all types of traders. It has achieved excellence in providing a seamless MT5 platform, ensuring top-notch trading execution quality and user-friendliness. When you download and trade on MULTIBANK Trader 5, you can enjoy a trading experience free from price slippage, requotes, and rejections.

You can submit your government-issued ID, Driver’s License, and passport as proof of identity. In fact, you can fill out all forms, scan, and submit your documents within 20 minutes. There are three simple steps for account opening with MultiBank Group. Their website lists their license links and PDFs in plain sight.

MultiBank’s Loyalty Bonus is for our long-term customers, who can earn up to $3,500 when they top up their trading accounts. To qualify, all you need to do is meet the trading lots requirement. Broker reviews can be hard to complete, but MultiBank Group makes it easy to see all their licensing and documentation to all users, whether registered or not. You can find all information you might require on their site.

MultiBank FX also offers individual liquidity pools through FIX API connections. The MultiBank Group has made great efforts to keep trading costs as low as possible. There are no deposit and withdrawal fees, but third-party commissions may apply. Hence, we recommend that traders check the trading costs before joining the platform.

You can trade via Desktop on your Microsoft account (windows), as well as web trading on Chrome, Firefox, Microsoft Edge, and Safari. The pending orders must be calculated by the client to maintain the required real-time margin for the execution. Moreover, the pending order will be automatically canceled if the margin level is not enough for the transaction. They possess a diverse global audience, with over 25 offices worldwide. Initially established in California, the USA in 2005 now has at least one office on every continent in the world.

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