Forex, Metals, Shares, Indices Trading Broker MultiBank Group

Your commissions will vary based on the type of account you choose, but the fees are reasonable. The main accounts at MultiBank include ECN Pro, MultiBank Pro, Maximus, and MT5. Features like Social Trading allow traders to “invest smarter.” You can copy the trades of profitable, consistent traders. Traders who act as Signal Providers can scale their income, earning extra money when investors copy their account and trading moves. Social Trading indicates that this broker works with both sides of the spectrum, experienced and new(ish).

Trade with the world’s #1 broker

There are several features offered at MultiBank that clue you in as to this broker’s target customers. At MultiBank Group, the educational tools are light, so complete novices might find it a little difficult to get going. However, that’s not to say that you need to be a seasoned pro to join this broker. MultiBank Group does not rank highly in this category, due to the lack of any limefx company reviews significant in-house or third-party research content. For the most part, the broker’s research offering is limited to a weekly newsletter and news headlines within its platforms. ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry.

TRADE OUR TOP PERFORMING PRODUCTS

• With MultiBank, you can trade products like Forex, metals, shares, indices, and commodities on a wide range of platforms.
• We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points.
• Though processes may vary depending on the MultiBank Group entity that holds your account, withdrawals typically require a withdrawal request form.
• At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers.
• MultiBank Group does not rank highly in this category, due to the lack of any significant in-house or third-party research content.
• Since then, we have evolved into one of the largest financial derivatives companies worldwide, with a current paid-up capital of over $322 million.
• The main accounts at MultiBank include ECN Pro, MultiBank Pro, Maximus, and MT5.

Though this broker is not cut out for total newbies, traders of most other experience levels will find MultiBank to be top-notch. The minimum deposit requirement for opening a Standard Account at MultiBank Group is $50, whereas the Pro limefx forex broker account requires $1,000, and you’ll need to deposit $10,000 to get started with the broker’s ECN account. Keep in mind that the minimum deposit requirement might vary depending on your country of residence and the MultiBank Group entity that holds your account.

TRADING INSTRUMENTS

And while we don’t review forex broker bonus offerings, it’s worth noting that the bonus offer by MultiBank is only available on its Pro and Standard accounts, and not on its ECN account (which has lower spreads). To set up a live account at MultiBank Group, you’ll need to submit the same personal information that is required by every regulated forex broker for Know-Your-Customer (KYC) and Anti-Money Laundering (AML) compliance purposes. You’ll also need to specify some trading account settings, answer suitability questions, and provide proof of identity (such as a Passport or other Government-issued ID) along with proof of address. The same funding options available for deposits can be used to withdraw funds at MultiBank.

• A commission-free account that is perfect for new traders looking to start investing.
• An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.
• Read our full explanation and accounting of our research and testing process to learn more about how we test.
• Yes, deposit bonuses offered by MultiBank Group are legit, but that doesn’t necessarily mean you’ll be able to redeem them.
• MultiBank Group was founded in 2005 and today employs over 600 staff globally.
• Always read the fine print, and make sure that you fully understand the terms and conditions of any promotional offerings – especially in the case of forex deposit bonuses.

Trade and invest in a selection of over 1,000 financial products

Its total trade volume is 1.87 trillion and counting, and it has become a sponsor for companies like BMW. The broker clearly has a lot of longevity in the industry, as well as a solid reputation. Read our full explanation and accounting of our research and testing process to learn more about how we test. MultiBank Group was founded in 2005 and today employs over 600 staff globally.

MultiBank Group, in operation since 2005, is home to numerous global brands and is regulated in jurisdictions all over the world. A multi-asset broker, MultiBank offers forex and CFDs through the MetaTrader platform suite (though not all markets are readily available) as well as underlying crypto assets via its regulated crypto exchange. Overall, MultiBank is a solid choice for anyone who wants a broker with longevity in the industry, multiple account options, and VPS hosting. MultiBank has over twenty-five global locations, and it is one of the largest, most-regulated derivatives companies in the world.

Fourthly, the MT5 account, as you might have guessed from the name, allows you to trade with MetaTrader 5, which is an even more advanced version of MT4. Tradable products include crypto, commodities, shares, indices, metals, and Forex. There is an expert adviser, over eighty technical analytics tools, one-click trading, VPS hosting, and a stop out level of 50%.