MultiBank Group

MultiBank Group offers an extensive portfolio of over 20,000 tradable instruments across six major asset classes. Traders can access a broad selection of Forex pairs, including majors, minors, and exotics. The metals market features popular options like Gold and Silver. Equity trading is available through CFDs on Shares from major global companies. Additionally, the broker provides access to Indices, Commodities such as oil and agricultural products, and a growing range of Digital Assets including Bitcoin, Ethereum, and Ripple.

MultiBank Group offers a tiered account structure designed to suit various trading styles and experience levels. The Standard account, with a minimum deposit of $50, is commission-free and ideal for beginners, offering spreads from 1.5 pips. Intermediate traders might prefer the Pro account, requiring a $1,000 minimum deposit, which provides tighter spreads from 0.8 pips and competitive commission based on trading volume. For professional traders seeking direct market access and raw spreads from 0.0 pips, the ECN account is available with a $10,000 minimum deposit and a commission of $5 per lot. All account types can be converted into Islamic (swap-free) accounts upon request, adhering to Sharia law. Demo accounts are also readily available for risk-free practice.

Opening an account with MultiBank Group is a straightforward online process. Prospective traders visit the website, select their preferred account type (Standard, Pro, or ECN), and complete a registration form with personal details. The Know Your Customer (KYC) verification requires uploading identification documents like a passport or national ID, along with proof of residence (e.g., a utility bill less than three months old). Once documents are verified, clients can fund their account using various methods and receive login credentials to start trading. Demo accounts can be opened with minimal details for instant access.

MultiBank Group provides access to the globally recognized MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, available across desktop, web, and mobile devices. These platforms are renowned for their advanced charting tools, technical indicators, and support for Expert Advisors (EAs) for automated trading. Additionally, MultiBank Group offers its proprietary MultiBank Plus platform, which integrates social trading capabilities, allowing clients to copy strategies from experienced traders. A WebTrader platform is also available, providing browser-based access without requiring any downloads.

MultiBank Group supports a wide array of convenient funding methods for deposits and withdrawals, including traditional Bank Transfers (SWIFT, Wire Transfers), major Credit/Debit Cards (Visa, Mastercard), and popular E-Wallets such as Skrill and Neteller. Various local payment solutions and cryptocurrencies like Bitcoin, Ethereum, and USDT are also accepted. Deposits via credit/debit cards, e-wallets, and cryptocurrencies are typically instant, while bank transfers may take 1-3 business days. MultiBank Group generally does not charge internal fees for deposits or withdrawals, though third-party payment providers may apply their own charges. Withdrawals follow a return-to-source policy for security and regulatory compliance.

MultiBank Group operates under the oversight of numerous financial authorities across five continents, boasting over 18 regulators globally. Key regulatory bodies include the Australian Securities and Investments Commission (ASIC), Germany's Federal Financial Supervisory Authority (BaFin), the Cyprus Securities and Exchange Commission (CySEC), the Monetary Authority of Singapore (MAS), and the Financial Markets Authority (FMA) of New Zealand. The group also holds licenses from VARA in the UAE, the Financial Services Commission (FSCM) of Mauritius, the Financial Services Authority of Seychelles (FSAS), and the Vanuatu Financial Services Commission (VFSC), among others. This extensive regulatory framework aims to provide a secure trading environment and segregated client accounts.

Client funds with MEX Atlantic, one of MultiBank Group's entities, are covered by an insurance policy with Lloyd's of London, protecting clients' funds up to $1,000,000 per account.