From beginner to expert, MultiBank FX caters to all levels of traders with its diverse offerings and user-friendly platform. This guide gives you an expert solution.
MultiBank Group review
MultiBank Group, established in 2005 in California, has evolved to become one of the world’s largest producers of financial derivatives, with a paid-up capital of more than $322 million and a client base of over 1,000,000 consumers in 100 countries.
The introducing broker’s program provides industry-leading commission and rebate structures, encouraging solid collaborations with experts. MultiBank makes sure that cash withdrawal is simple and accessible, usually completed within 24 hours.
The cutting-edge trading platforms offered are built for stability, allowing you seamless, real-time trading. Trade over 20,000 assets, including forex, metals, stocks, indices, commodities and cryptocurrency. Enjoy zero-commission trading, negative balance protection and nano-second execution without requotes, rejections, or EA limits.
MultiBank Group offers professional, multilingual customer care 24 hours a day, seven days a week, as well as free MAM, PAMM, EA, VPS, and API services. The regulatory compliance ensures that clients’ funds are as secure as possible.
With a turnover of more than $6.8 trillion in 2023, continues to generate record-breaking financial outcomes. Additionally, they serve clients all over the world from 25+ locations in important financial hubs; a strong affiliate network supports it.
Why Choose the MultiBank group?
MultiBank Group has firmly established itself as a trading leader, constantly innovating and developing the foreign exchange market. Their commitment to perfection is evident in the high-quality products, services, and trading platforms that they provide.
- The regulation across five continents ensures the highest levels of safety and compliance.
- With a paid-up capital surpassing US$ 322 million, they offer a secure trading environment.
- The full ECN model has spreads starting at 0.0* pips, providing the best pricing on the market.
- Use leverage of up to 500:1 to increase your trading flexibility and potential.
MultiBank FX: A deeply regulated global broker
MultiBank FX is a leading global broker regulated by multiple tier-1 financial authorities worldwide. This robust regulatory oversight ensures the safety and security of client funds and operations.
Key regulatory bodies
- ASIC- Australian Securities and Investments Commission
- BAFIN – Federal Financial Supervisory Authority
- CIMA – Cayman Islands Monetary Authority
- CySEC – Cyprus Securities and Exchange Commission
- ESCA – Emirates Securities and Commodities Authority
- FSC – Financial Services Commission
- FMA – Financial Markets Authority
- MAS – Monetary Authority of Singapore
- VFSC – Vanuatu Financial Services Commission
- Client funds are kept separate from business assets in segregated accounts, providing increased investment protection.
- Enjoy zero commission trading, negative balance protection, and nano-second execution with no requotes, rejections, or EA restrictions.
MultiBank assets and instruments
They offer forex, metals, shares, indices, commodities, and digital assets.
MultiBank Group Forex review
Trade over 55 major, cross, and exotic Forex pairs, and spreads from 0.0* pips experience the tightest spreads in the industry with leverage up to 500:1. Benefit from the world’s No.1 online financial derivatives broker, trusted by over 1 million clients worldwide.
Metals
Trading precious metals such as gold and silver will help you diversify your portfolio and open up new trading options. MultiBank Group’s wide global network of top-tier metal dealers, producers, and industry specialists provides unparalleled experience and seamless trade.
- Gold spreads: as tight as 2 cents.
- Silver spreads: as tight as one penny.
- Leverage: Up to 500:1.
Shares
Trade over 20,000 equities from the world’s largest multinational companies listed on top stock exchanges. Benefit from competitive margins as low as 5%.
- Shares Available: 20,000+
- Leverage: Up to 20:1
- Commission:0%
Indices
You can trade major global stock indices like NASDAQ, German DAX, and US Wall Street 30 with ease and precision. Enjoy the lowest spreads and zero commissions.
- Leverage: Up to 100:1
- Spreads: Tightest in the market
- Commission: 0%
Commodities
Expand your portfolio by trading commodities like energy and grains. Take advantage of global supply and demand trends to maximize your returns.
- Commission: 0%
- Spreads: Tightest in the market
- Margin: Low on all commodities
Digital Assets
You can trade popular cryptocurrencies like Bitcoin, Ethereum, and Ripple with MultiBank Group. Capitalize on the volatility of the digital asset market, perfect for experienced traders with an aggressive strategy.
- Execution: <20ms stable, nanosecond execution
- Commission: 0%
- Leverage: Up to 20:1 on cryptocurrencies
MultiBank trading platforms
MultiBank provides a variety of trading platforms, including MT5, as well as a property platform, MultiBank plus web and mobile apps, which are listed below.
MultiBank plus trading platform
Understanding the future of trading with MultiBank-Plus, a cutting-edge platform built for stability and real-time execution.
Begin your trading journey with MultiBank-Plus, which allows for seamless trading across web and mobile platforms, keeping you linked to the market.
MultiBank-plus web application
The new generation of trading with an intuitive, user-friendly design that simplifies and streamlines the trading process.
MultiBank plus mobile app
The MultiBank-Plus mobile app allows you to trade on the go, giving you market power at any time and from any location.
MT4 trading platform
The MetaTrader 4 (MT4) platform is a popular choice among millions of traders due to its superior trading and analysis capabilities. It enables users to analyze financial markets, carry out sophisticated deals, and even replicate successful traders’ tactics.
Mt4 platform features
- Tradable products: forex, metals, shares, indices, commodities, cryptocurrencies
- Execution type: market order
- Market depth: latest price quotes
- Alerts: notifications for important market events
- Technical tools: over 80 indicators and analysis tools
- Lot sizes max 30 for FX; 10 for metals; and 5 for shares, indices, commodities, and cryptocurrencies. Min 0.01 for FX & metals; 0.1 for others.
Platform highlights
- Algorithmic trading: with mql5 development environment
- Stop out level: 50%
- One-click trading
- VPS hosting & full EA functionality
- Comprehensive fundamental analysis:financial news and economic calendar
- Social trading functionality
MT5 trading platform
The MetaTrader 5 (MT5) platform is intended to fulfill the expanding demands of brokers and traders, building on the success of its predecessor, MT4 and offering new features and functionality.
MT5 platform features
- Tradable Products: Forex, Metals, Shares, Indices, Commodities, Cryptocurrencies
- Execution Type: Market Order
- Market Depth: Access to the latest price quotes
- Alerts: Real-time notifications to monitor key market events
- Analysis Tools: Over 80 technical indicators and analytical tools
- Maximum lots per click 30 for FX 10 for Metals 5 for Shares, Indices, Commodities, Cryptocurrencies
- Minimum lots per click for FX & Metals, for Shares, Indices, Commodities, Cryptocurrencies
Platform highlights
- Algorithmic Trading: Utilize the powerful MQL5 development environment
- Stop Out Level: 50%
- One-Click Trading: Quick execution
- VPS Hosting: Ensure uninterrupted trading
- Full EA Functionality: Support for Expert Advisors
- Fundamental Analysis: Access financial news and an economic calendar
- Social Trading: Engage in social trading activities
- Download MT5: Choose the appropriate download option based on your device’s operating system and account regulation.
Social trading
Effortlessly copy successful traders worldwide and earn extra income by replicating strategies. Enjoy hassle-free investing with 24/7 support on our globally regulated and licensed platform.
Account types
MultiBank FX offers four main account types to suit different trading styles and experience levels.
Standard account
Ideal for beginners with a $50 minimum deposit, offering commission-free trading with wider spreads.
Pro account
It is geared towards experienced traders seeking tighter spreads from 0.8 pips and requires a $1,000 minimum deposit.
ECN account
Best for advanced traders who prefer raw spreads and direct market access, requiring a $10,000 high minimum deposit.
Islamic account
It caters to traders following Islamic finance principles, offering swap-free options.
Deposit and withdrawal of MultiBank Group
The MultiBank provides numerous funding alternatives, which are listed in the table below.
| Available payment options | Description |
| Visa | Credit/debit card payments |
| MasterCard | Credit/debit card payments |
| SWIFT | International bank transfers |
| Neteller | Online payment system |
| Skrill | Online payment system |
| Pagsmile | Local payment solutions |
| Fatoorah | Online payment system |
| PlusWallets | Digital wallet |
| ThaiQR | QR Code Payments in Thailand |
| PayTrust | Online payment gateway |
| PayRetailers | Global payment solutions |
| Korapay | African payment gateway |
| PaymentAsia | Asian payment gateway |
| Boleto | Brazilian payment system |
| Pix | Instant Payment System in Brazil |
| SPE | Online payment system |
| Praxis | Fintech payment solutions |
| GCash | Mobile Wallet in the Philippines |
| DragonPay | Online Payment Gateway in the Philippines |
| GlobePay | Digital payment solutions |
Withdrawals
With MultiBank Group, withdrawing your funds is simple, secure, and instant, ensuring you have the convenience and peace of mind you deserve. Follow the secure withdrawal process to access your funds without any delays.
How to Withdraw
- Withdraw via My MultiBank: Submit your withdrawal request online through your MyMultiBank account area.
- Withdraw via Email: Alternatively, email withdraw@multibankfx.com from your registered email address, and the Customer Support team will assist with your request.
Fees and commissions of MultiBank group
A comprehensive summary of the charges associated with MultiBank Group is provided in the form of a table.
| Fee type | Details |
| Inactivity fee | $60/month after 3 months of inactivity, charged until the account is active or the balance is zero. |
| Third-party banking fees | MultiBank does not charge for deposits/withdrawals, but third-party banking fees may apply. |
| Overnight fees swaps | Swap-free accounts are available; otherwise, overnight fees apply to leveraged positions. |
MultiBank is fully commission-free, although trading charges vary depending on the asset or instrument exchanged. Below is a breakdown of the minimal trading expenses.
| Asset | Markup over raw spreads | Total fees |
| Forex EUR/USD | 0.0 pips | $0.00 per 1.0 lot |
| Indices S&P500 | 0.90 points | $0.90 per contract |
| Metals Gold | 0.02 points | $0.02 per contract |
| Cryptocurrencies Bitcoin | 39.00 points | $39.00 per coin |
Customer service
Excellent customer service devoted crew of well-trained, multilingual specialists is available 24/7 and speaks more than 12 languages.
- Live chat
- Phone: 1646-568-9702
Pros
- Multibank is highly regulated and ensures the safety and security of client funds.
- Beginner-friendly: Offers educational resources and user-friendly platforms.
- Commission-free trading: Reduces trading costs.
- Wide range of assets: Caters to diverse trading interests.
- 24/7 Customer Support: Provides timely assistance.
Cons
- Inactivity Fee: This applies after 3 months of account inactivity.
- Third-party fees may apply for deposits and withdrawals.
- Overnight swap fees are applicable for leveraged positions held overnight except swap-free accounts.
- Limited educational resources are compared to some competitors.
Conclusion
MultiBank FX offers a well-regulated platform with a variety of trading instruments and user-friendly interfaces. The commission-free structure and diverse account options make it attractive for both beginners and experienced traders. However, potential inactivity fees and limited educational resources are factors to consider.
Pro Tip
Choose the best broker to explore your trading potential Open a MultiBank FX account today and start trading with our trusted forex broker!
