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MultiBank Review 2025: Pros & Cons

These trackers help us to deliver personalized ads or marketing content to you, and to measure their performance. These trackers enable basic interactions and functionalities that allow you to access selected features of our service and facilitate your communication with us. Connect with a network of driven professionals, gain valuable insights, and access resources that propel you toward your dream career. Custom integration for high-frequency traders—precision at its finest. Copy trades from top performers worldwide—great https://lunarcapital.live/ for beginners or passive traders.

MultiBank Group was founded in 2005 and today employs over 600 staff globally. According to MultiBank Group’s website, the broker is well-capitalized with over $322 million in paid-up capital. “Though MultiBank’s app has a long way to go before it competes with the best mobile trading apps, it’s a good foundation to build on and I look forward to seeing how it evolves in the years to come.” Use our country selector tool to view available brokers in your country.

  • Custom integration for high-frequency traders—precision at its finest.
  • These rates are determined by the interest rate differential between the two currencies being traded and can vary depending on market conditions, the currency pair, and the direction of the trade.
  • The best forex brokers make all markets available directly within the trading platform, making it far easier to find trading opportunities.
  • With a paid-up capital exceeding $322 million, the group serves over 2 million clients across 100 countries.

Safest Forex Brokers 2025

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. ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. MultiBank Group does not rank highly in this category, due to the lack of any significant in-house or third-party research content.

  • The software is user friendly and supports a wide variety of trading technologies including the use of Expert Advisors (EAs).
  • Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
  • According to MultiBank Group’s website, the broker is well-capitalized with over $322 million in paid-up capital.
  • Social trading is available across account types, allowing users to copy strategies from seasoned professionals.

55+ currency pairs are offered, including majors, minors and many exotics. The spreads you pay will be determined by the trading account you use for trading. MultiBank Group, a prominent name in the global financial derivatives industry, was initially established in California, USA, in 2005. Over nearly two decades, it has grown significantly, strategically relocating its headquarters to Dubai, UAE. MultiBank Group has a very impressive suite of regulators, whose sheer number is rare to see when reviewing competing brokers. This is always good to see, as it means that the broker had to go through multiple rigorous standards.

Raw Account Commission Rate

The best trading conditions exist in the ECN option, but traders must commit $5,000, which may be high for some. I like the choice of trading instruments at MultiBank Group, ideal for all types of traders. It offers MAM/PAMM managers the necessary tools to provide effective asset management.

Trade with Confidence Worldwide

multibank group reviews

You should submit the necessary information and documentation for your identity and walk through the next steps. Overall, MultiBank Exchange Group costs range as low-cost trading compared to industry competition. ✅ All platforms are available on Desktop (Windows & Mac), Web, and Mobile (iOS & Android).

multibank group reviews

Made an enquiry regarding my account…

MultiBank Pro Account is designed mainly for traders with experience and bigger size, since requires a $1,000 initial deposit it also brings lower costs typically 0.8 pips. Overall, the MultiBank Group review presents a company with a diverse range of established offices and enlarged trading portfolios through numerous countries, regulations, and offerings. In general, MultiBank broker is a reliable option for almost any trader from almost anywhere due to their global coverage comprehensive trading proposal, and the great support they offer.

Learn And Trade With Confidence

MultiBank FX offers a Demo Account with a $100,000 virtual balance and simulated real-time trading. Head to the broker’s website to sign up for the account and practice your trading strategy. Clients can practice their trading strategies online across multiple markets with no real risks. You can fill in the online from on MultiBank Group’s website and use your credentials to sign up. MultiBank provides additional tools and features designed to enhance the trading experience.

I was happy to see that it has developed its own social copy trading platform, and spreads are competitive on its ECN Account offering. Making its entire range of markets available by default and adding more educational and research content would help to balance MultiBank’s overall offering. Those who are afraid to risk real money in trading will be glad to know that MultiBank Group does offer a demo account.

Great customer service support

However, this should not be a deal breaker for anyone as there is plenty of good free educational material available widely on the internet, MultiBank also offers newsletters weekly. I also like the transparency concerning the paid-up capital at MultiBank Group, which stands at $322 million. Traders get negative balance protection, which I find paramount for leveraged trading, and all client deposits remain segregated from corporate funds. Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders to check for regulation and verify it with the regulator by checking the provided license with their database. As I already mentioned, the ECN model provides us as traders with direct access to over 20 interbank trading prices, ensuring complete market transparency.

I think that the biggest upside with their proprietary app, unlike MT4/5, MultiBank-Plus, combines trading and account tools in one place. MultiBank Group also offers an Islamic Account, also known as a ‘Swap-Free Account,’ for clients in specific eligible countries. These countries are those that largely follow Sharia rule or have Islam as their main religion. Examples include the UAE, Algeria, Bangladesh, Chad, Indonesia, Kazakhstan, Lebanon, Mali, and Oman.

About the Author

Muhammad

Muhammad is an independent writer from Pakistan who enjoys blogging about WordPress tips, online tools, life hacks, and beyond.