MultiBank Group Reviews Read Customer Service Reviews of multibankfx com 11 of 25

There is an expert adviser, over eighty technical analytics tools, one-click trading, VPS hosting, and a stop out level of 50%. Third is the Maximus account, which requires a minimum account size of $50. MultiBank Pro bills this as its “no frills” account, and the Maximus also uses the MT4 platform. As with the other accounts, you can trade on mobile, web, or desktop.

MultiBank Group Fees, Spreads, and Commission

Platforms like MetaTrader 4 and MetaTrader 5 have become industry standards for a positive user experience, so that bodes well for MultiBank. Additionally, the customer service offered at this broker is impressive. You have access to 24/5, multi-lingual customer support. You can also contact this broker via email, live chat, or video conference, in addition to the dozens of phone numbers offered.

I have traded with lot of brokers and…

If you ever have more challenging inquiries or require further assistance, please don’t hesitate to reach out. Dear All, i would like to share my experience with multi bank. Intially a person called Ashwin called me and spoked about this trading. And after month of chase and visitng to multi bank office, i endrolled.

Pros and Cons

MultiBank Group’s Islamic Account, also known as a “Swap-Free Account,” caters to Islamic traders by eliminating swap charges for overnight holdings. This account allows traders to participate in global markets while maintaining religious beliefs. Yes, MultiBank Group serves institutional clients with its ECN Account, which provides raw spreads and quick execution.

Very good support

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. MultiBank Group offers forex, CFDs, and underlying cryptocurrencies across its relevant brand entities around the world.

Is MultiBank’s 20% deposit bonus legit?

Conversion fees are based on the trading account’s base currency and are determined by a markup on the exchange rate. To reduce costs, traders can choose a base currency or use multi-currency accounts. MetaTrader 4 is a popular trading platform with advanced functionality and analytical tools, offering traders access to various tradable items like forex, metals, stocks, indices, commodities, and cryptocurrencies.

Amazing support as always

  1. If you complaint to his senior manager (Mr. Ahmed), he never respond Multibank, they will say, they are not our employee we are not responsible for it.
  2. ECN account holders pay $3 per lot transacted, ensuring transparent pricing and allowing traders to make informed decisions without hidden fees.
  3. It is good to have a trusted source of information and a reliable company.
  4. Tradable products include crypto, commodities, shares, indices, metals, and Forex.

Lost a lot of my grandparents’ money, which hurts more than anything.Now, I’m working with a company. They’re helping me deal with these guys, trying to get back what I can. Still in the middle of it, but they’ve been a big help. I prefer to not expose their name here so feel freeo to contact me at my proton mail, gogomalemaJust wanted to say, be careful. Despite its strong security measures and negative balance protection, it charges higher inactivity fees and spreads variations across account types and products.

Such bonuses come with steep volume requirements that must be met before redemption is allowed, and it’s possible for your losses to far offset the amount promised by the bonus. Always read the fine print, and make sure that you fully understand the terms and conditions of any promotional offerings – especially in the scammed by limefx case of forex deposit bonuses. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation. MultiBank Group offers its Standard account for a minimum deposit of only $50. Pro is available from $1,000, a high demand, but it cuts trading fees by almost 50%.

Founded in California, USA, in 2005, MultiBank Group has grown to command a daily trading volume exceeding $12.1 billion, serving over 1 million customers. MultiBank Group has matured into one of the largest online financial derivatives providers globally, offering an array of brokerage services and asset management solutions. The group’s award-winning https://limefx.group/ trading platforms offer a diverse range of products, including Forex, Metals, Shares, Commodities, Indices, and Digital Assets. The ECN Account offers raw spreads and fast execution for traders, with spreads as low as 0.0 pips. It requires a $10,000 initial commitment, which is ideal for experienced traders and institutional investors.

If you get a call from any of them regarding introducing broker which means they will ask you to open a trading account and deposit the funds. And they will say that there will be a fund manager allocated for you and he will trade for you from your account and you have to pay the commission from your withdrawal. You will never get a withdrawal they will wipe out your account. But after a month when i asked for my payment they just said company has closed the program. They are scammer took services and don’t pay for that.

MultiBank offers bank wires, credit/debit cards, SEPA, Skrill, Neteller, PayTrust, Payment Asia, Globe Pay, ThunderX, Help2Pay, POLi, and cryptocurrencies (Bitcoin and USDT). I like the choice and flexibility concerning financial transactions at MultiBank Group. Most traders will be able to satisfy this step by sending a copy of their ID and one proof of residency document.

VIP account holders enjoy tight pricing and increased trading efficiency with spreads as low as 0.0 pips. Pro account members have spreads at 0.8 pips, while standard account holders have competitive spreads at 1.5 pips, making trading accessible to all skill levels. MultiBank Trader 5 provides diverse financial instruments, including over 150 Crypto CFDs and 1,000+ shares, with 21 time periods and 38 built-in MT5 analytical indicators. It supports netting, order types, and customizable charting, enabling efficient holding management. ✅ Select your chosen deposit method and send the first investment funds to start your trading account.

MultiBank Group offers fair and transparent pricing across all account types by providing reasonable spreads and fee structures suited to each trader category’s demands. Additionally, it provides negative balance protection, preventing customers from losing more than they have put in their accounts. This comprehensive approach to security reflects MultiBank Group’s commitment to maintaining trust in its trading environment. MultiBank Group regularly supports philanthropic organizations and social responsibility programs, proving its dedication to making a positive difference in society beyond its financial services offers. The Standard account requires just a $50 minimum deposit, but comes with higher relative spreads.

Traders select the amount and desired payment processor, and MultiBank Group processes requests instantly. I’d like to extend my profound thanks to Mr. Oscar of your company who assisted me in having my deposited Deposit bonus in less than two minutes. MultiBank io empowers traders with a diverse selection of crypto assets, encompassing both spot markets and derivatives featuring leverage options of up to 100x. MultiBank Group rewarding Cashback Program is your best bet to make extra profits on your trades. The higher your trade volume in Forex and Metals, the more cashback you earn. Join most lucrative IB program, earn highest rebates and commissions with MultiBank Group.

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