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In addition to the downloadable desktop trading platforms, there are also mobile app versions of the MT4 and MT5 platforms for both Apple and Andriod devices. Overall, we were impressed by this section of our Multibank Group review. Ever since Alexander got his first stock savings account, he’s also taken a keen interest in the financial markets. Now a full time writer and contributor to TradersBest.com, he uses his experience in the world of finance on a range of different topics, from investment strategies to reviews of new brokers. I will stick with these broker services because of their fast withdrawals and profitable signals.
Multibank Group claims to be the world’s best CFD trading platform. While this might be a little bit of a stretch given the sheer amount of competition, we do have to say that they are certainly up there. If nothing else, Multibank Group offers a safe, secure, and well-constructed CFD trading platform with amazing market access. So what is Multibank Group exactly and what do they offer?
Our MultiBank Group review of their trading conditions left us confident that the broker can only offer the best and safest options to their traders. Especially compared to other CFD brokers, MultiBank Group stands out. Consequently, the conditions presented satisfied us. MultiBank has great customer service and a free demo account, which are important for new traders. However, there is no education section and the MetaTrader platform is not very intuitive. MultiBank Group provides in-depth coverage and analysis of headline market news stories, such as Elon Musk’s acquisition of Twitter and the latest Fed policy.
The brand owns and operates the ‘MEX exchange’; which allows institutions and clients to trade forex and other financial derivatives. In this section of our Multibank Group review, we found that there is no messing around with this operator. There are three account types you can choose from – the standard, pro, and the ECN. Below, we’ve provided you with a breakdown of exactly what each account type can offer you as a trader. Ultimately, this should help you to make an informed decision about the correct trading account type for you.
Bitcoin is the digital currency with the largest market capitalization and price levels since its inception in 2008. It dominates 50% of the total crypto market cap. MultiBank Exchange Group also offers free Virtual Private Servers use to all its customers through reliable third-party hosting vendors. The maximum bonus amount per customer is US Dollar 25,000 and is a losable bonus that can be withdrawn at a rate of US Dollar 250 for every 50 lots round trip traded. The bonus is just a reward for the trader’s choice that gives some of these expenses back to the trader, once proving himself as an active trader.
Multibank Group is a very broad trading site that’s designed to cater to a wide range of traders – both in terms of trading interests, location, and experience level. Despite having a lot of information to display, the overall layout of the website is intelligent and very simple to navigate and follow. We’ll also alert you to any Multibank Group scams that you may want to avoid, and will ultimately put your mind at ease by answering that all-important question, “is Multibank Group safe and secure? ” So join us, as we prepare to take you through one of Australia’s premier online trading platforms today. If you are looking for forex brokers with high accuracy, trade with this broker.
The broker you choose for your trading endeavors should be trustworthy. It’s a piece of common knowledge that every successful Forex trader knows. They have realized – some in a very hard way, – that overlooking this task and failing to find the right brokerage for your needs can lead you to a financial disaster. TradingCenter provides essential information and tools for learning and trading the Global Financial Markets. TradingCenter helps investors to improve their skills and their level of understanding regarding core mechanisms of the trading process.
We’ve learned about their licenses, trading conditions and funding options. One of the most important things we did conclude is that the MultiBank FX scam is totally bogus. It does not exist and has no way of existing simply based on the broker’s licenses in trustworthy jurisdictions. As for other fees or anything, the only thing a trader may encounter is the “inactivity fee”, which is activated if an account had not been active for 13 consecutive months.
You can also navigate to ‘live account’ under ‘accounts’ on the menu bar. Fill the 2-page form that displays. Enter your name, phone number, and email. Phone verification is required before the form can be submitted. A 6-digit code will be sent to your phone number, best day trading schools enter it immediately and your phone will be verified, then, you can submit the form to continue. MultiBank Review – Do not open an account with MultiBank FX before reading this review.The broker boasts of over 280,000 clients from about 90 countries worldwide.
Then the new account is opened immediately. Normally don’t leave reviews, but wanted to share. Probably the best international company i’ve traded with, they have. They are very clear, supportive and friendly when it comes to specific matters.
MultiBank review Customer service
This section tends to be the shortest in this industry, but in this MultiBank Group review, we have a rare broker with a LIST offinancial regulators. Not many brokers invest a lot into regulations. In 2021, it is hard to find safe and legal brokers, but luckily, we have come across one of thebest brokerages in the world. This MultiBank Group review will focus on all aspects of this brand.
Creating a demo account is free and easy. It comes with up to $100,000 in virtual currency. All account types are available on the demo account.
Regulation and protection
So, without further ado, let’s start with the leverage. With this broker, the Forex pairs can have as low as 0.1 pips on the ECN platform while the Maximus platform has 1.5 pips, which is still a great trading condition. This means that the bid-ask price difference that benefits the broker against the trader is minimized as much as possible. Unfortunately, the internet is full of scam brokers, as well as reports from scammed clients from those brokers.
Affordable trading instruments. The signals are reliable and withdrawal is always fast. One of the best trading software I have ever used. I find it more organized and easier to trade using their tools. One of the best services and signals also. I get trading aids not only through signals and advice but also with some materials and tools to do market research.
MultiBank Group Review Conclusion
You may discover that there are hidden fees, or that withdrawal times are longer than you anticipated. We check these factors and others so you know what to expect when trading with this broker. Traders tend to plus500 scam underestimate customer support, but it might be a crucial feature in moments of crisis. In our rating, we check the contact methods available, how accessible a live agent is and how helpful the responses are.
Working at MultiBank: 2 Reviews
I will surely keep them as my forex broker. This is a really good forex trading company. The services are all good and withdrawal is always fast. They have shown expertise in forex trading.
I admire the brokers and customer service that are very friendly. The best broker for forex trading among the brokers I have traded with. They have very reliable and profitable signals. The trading experience is so amazing.
Perfect forex trading services and flawless transactions including withdrawals. No trading fees to pay and trading assets are very affordable. They never fail to provide profitable signals and the software is amazing. Founded in 2005, MultiBank Group is a Forex & CFD broker situated in Hong Kong. With its several offices located in Australia, Germany, United States, Spain, Austria, UAE, Vietnam, Cyprus, and the British Virgin Islands, it is one of the most experienced names in online trading. They offer a trading platform that provides a wide range of assets that help in achieving trading objectives.
But, MultiBank has no training resources to teach beginner traders and no comprehensive market insights or analysis from experts. Even the available social trading is lacking signal providers. The inactivity fees charged is high when compared to other brokers. The minimum deposit required for the ECN Pro account is very high, though only $50 is required for the Maximus account.
NewsWIKIFX REPORT: MultiBank launches new crypto platform with Danny Willett as new partner
In this review, we analyzed the fees of the ECN Pro account. ECN Pro charges a commission, but the spreads are tighter. If you opt for MultiBank Pro or Maximus, you will be charged only spread costs, but spreads will be generally wider, especially for the Maximus account. We also compared MultiBank’s fees with those of two similar brokers we selected, XM and XTB. This selection is based on objective factors such as products offered, client profile, fee structure, etc. See a more detailed rundown of MultiBank alternatives.
Easily accessible and transparent – we love it. 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.
I am thankful to this broker for being so patient with me. They have always shown compassion and genuinely help me grow my investment. The excellent opportunity offered ever. Excellent trading advice and market analysis. They always come up with good results.
Chase Financial does not allow withdrawals!
Exceptional broker services. I am impressed with broker signals and even services. Commendable trading services and tools. I am pleased with everything about this company. Fast and hassle-free withdrawals. I have no complaints about the services, I get good profit.
They assist me in all my trading needs and teach me without hesitation. I am getting profit monthly. I get different amounts because that is how trading works, not fix. Sometimes low, sometimes high profits but I consistently get and that’s what matters to me. Seriously reliable trading services and tools. I am so impressed with all of my trading results.
It is a worldwide brand that is composed of global CFD and FX brokers. MultiBank Group is a global financial company that owns companies that generally fall into the category of resource management. The brokerage currency quotation service functions under the supervision of lawful bodies that are controlled by Australian ASIC and other financial regulators. In this review, we use MultiBank as a name for brokerage purposes.