TopBrokers.com will not accept any liability for loss or damage as a result of reliance on the information on this site. Forex pairs, cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money. TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate. This isn’t something many brokers offer, however it’s worth noting that it’s only available on Pro and Standard accounts. By investing time and effort, we can be sure that we’re making the most of our trading endeavors.
MultiBank has 6 trading platforms on multiple devices, including desktop PCs, laptops, Android, and iOS devices. While these materials offer valuable insights, the broker’s educational offering is not as comprehensive as some other brokers, as it lacks live webinars, interactive sessions, and in-depth mentorship programs. Traders who prefer a more structured learning experience with real-time guidance may find the available resources somewhat limited.
MultiBank Group provides a selection of educational resources to help traders improve their market knowledge and trading skills. The broker offers learning courses, eBooks, and video tutorials, covering fundamental and technical analysis, trading strategies, and platform guides. Additionally, the broker offers multilingual customer support to cater to its international client base. For email inquiries, clients can contact the support team at [email protected], ensuring a direct and professional response to any questions related to trading, accounts, or platform issues. They are available as a desktop client, with full support for EAs, where MT4 remains a market leader. Overall, MultiBank Group’s global presence, diverse product range, advanced trading platforms, and strong regulatory oversight position it as a reputable broker in the financial industry.
Additionally, MultiBank provides CFDs on Indices, allowing exposure to major stock market indices, as well as Shares in leading companies for equity trading. Traders can also take positions in a wide variety of Commodities, including oil and agricultural products, and Cryptocurrencies, providing access to the rapidly growing digital asset market. Testing of MT4 platforms reveals a strong emphasis on execution speed, user-friendly interfaces, and a wide range of tools that cater to various trading strategies. Traders have found the platforms to be stable, with minimal downtime and fast order execution. The platform supports One-Click Trading, allowing traders to execute trades instantly with a single click. VPS Hosting is also available for uninterrupted trading, ensuring that automated strategies and Expert Advisors run smoothly without any downtime.
- Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.
- This is an ideal choice for trading on the go, and gives access to accounts, trading, and the ability to manage positions.
- An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.
- Many users talk about the excellent customer service, although there are a few customers that believe it could be better.
Notably, MultiBank Group was named the “Best Global Regulated Broker 2024” by the International Wealth Management and Financial Investment Forum (IWMFIF) in Hong Kong. This accolade underscores the company’s dedication to innovation, integrity, and client-centric services. Those who opt for this setup, will only be able to choose the Turbo Meta platform though. Excellent customer service devoted crew of well-trained, multilingual specialists is available 24/7 and speaks more than 12 languages. The MultiBank-Plus mobile app allows you to trade on the go, giving you market power at any time and from any location.
MultiBank FX: A deeply regulated global broker
Had some registration issues for a copy provider but Adam came to my aid straight away and in no time at all the problem was fixed. To see the full broker review click “See review”, to see the complete table and compare more brokers visit our Comparison page. While MultiBank Group certainly has many advantageous elements, it’s equally as important to assess the downsides. MultiBank Group is a broker that many people return to time and time again. For that reason, this MultiBank Group review will cover all aspects, good and bad.
While active traders won’t find issue with this, beginner traders who only want to trade occasionally may find it a costly endeavor. Unlike other large brokerages, however, MultiBank does not offer trading in ETFs, interest rates, and bonds. MultiBank is a fairly large forex & CFD broker with offices in many countries around the world. Join most lucrative IB program, earn highest rebates and commissions with MultiBank Group.
Our IB partners benefit from daily payouts, year-round promotions, activities, and bonuses including cash and physical prizes. Here is our guide on how to open a digital account which is a quite simple process. You should submit the necessary information and documentation for your identity and walk through the next steps. However, we highly recommend you thoroughly examine how to use leverage smartly so as not to fall under unnecessary risks while trading. Traders should be mindful of these potential fees and ensure their accounts remain active or sufficiently funded to avoid unnecessary charges.
- It also has a physical presence across five continents with offices worldwide.
- The reality is that only 1042 markets are available by default on its MetaTrader platforms.
- After all, by understanding the most important elements of a broker, it’s easier to understand its quality.
- MultiBank Group is a highly regulated and reputable broker with competitive trading conditions and a strong global presence.
- This is an ideal feature as it allows for fast decisions no matter the language.
Beginner’s Guide to Forex Trading in UK 2025
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. One of the most widely ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs.
Testing MultiBank’s Customer Support
The 24/7 customer service is available in 10+ languages with the service desk, onboarding, configuration, and cash management facilities. MultiBank platform offers technology based on MetaTrader’s proven powerful capabilities, installed to MT4 and MT5 platforms that enable partial fill with bridge technology, without any requotes rejections or slippage. Using the MT4 engine these platforms run ECN connection with customized capabilities of trading opportunities allowing sophisticated, yet customer-friendly suit to any strategy.
Futures & Options
However, traders should be aware of potential inactivity penalties of $60 per month for 90 days, which can be avoided by frequent trading or maintaining a higher balance. Withdrawals are processed through the same methods used for deposits to comply with anti-money laundering (AML) regulations. Those who choose this setting will only be able to select the Turbo Metа platform. To be able to use EAs to their full potential, traders will need a solid VPS (Virtual Private Server) service as well, and Mexgroup excel in this regard too. MultiBank Group’s best feature is its relatively high Trust Score; the broker holds multiple regulatory licenses, including Tier-1 licenses in Singapore and Australia. MultiBank Group does not rank highly in this category, due to the lack of any significant in-house or third-party research content.
Best Known For Low-Cost Trading and High Leverage
Very Good FX Broker for lowest spreads and no commissions and no overnight charges. MultiBank Group accepts clients from all over the world, excluding USA, Iran, Iraq and some other countries where restrictions apply. MultiBank Group rewarding Cashback Program is your best bet to make extra profits on your trades.
MultiBank provides a variety of research tools on both its website and trading platforms, ensuring traders have access to essential resources for informed decision-making. On MultiBank’s platform, traders have access to an extensive selection of over 20,000 instruments, offering a diverse range of trading opportunities. This includes Forex pairs, allowing traders to access the global currency markets, as well as CFDs on Metals, such as gold and silver, for those looking to trade precious commodities. https://lunarcapital.net/ The ECN Account is perfect for professional traders or institutional investors who need raw spreads, direct market access, and ultra-fast execution. Offering spreads starting from 0.0 pips, this account provides the most competitive pricing with no dealing desk intervention, making it the preferred choice for scalpers and high-frequency traders.
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