MultiBank Group Broker

MultiBank Group Broker Profile
MultiBank Group


General Information
Broker Name: MultiBank Group
Broker type: ECN  
Country: Hong Kong
Operating since year: 2005
Number of employees: 550
International offices: United Arab Emirates , Australia , China , Cyprus , Germany , Spain , United States , British Virgin Islands , Vietnam
Regulation: FSC, ASIC, BaFIN, FMA, CIMA
Address: Hong Kong
Broker status: Broker   
Accepting US clients? No
Account Options
Account currency: USD, GBP, EUR, CHF, JPY, NZD, CAD, AUD
Funding/Withdrawal methods: Wire Transfer, Credit Card, Neteller, UnionPay, Skrill
Swap free accounts: Yes
Segregated accounts: Yes
Interest on margin: No
Managed accounts: No
Accounts for money managers (MAM, PAMM): Yes
Customer Service
Phone: +44 20 3953 8381
Fax:
Email: cs@multibankfx.com
Languages: English, Spanish, French, German, Portuguese, Japanese, Italian, Russian, Mandarin, Chinese, Polish, Indonesian, Malay, Arabic, Vietnamese, Malay, Hindi
Availability: Phone, Chat, Email, Skype, Whatsapp
Trading
Trading Platforms: MetaTrader 4, MetaTrader 5
Trading platform(s) timezone: (GMT -8:00) Pacific Time (US & Canada)
Demo Account: Yes  
Mobile trading: Yes
Web based trading: No
API: Yes
OCO orders: No
Trading over the phone: No
Hedging allowed: Yes
Trailing stops: Yes
One click trading: Yes
Bonuses: Yes
Contests: Yes
Other trading instruments: Stocks, Indices, Commodities, Energies, Shares, CFDs, Cryptocurrency, Precious Metals
Account
Minimum deposit ($) 50.0
Maximal leverage (1:?) 500
Minimum lot size 0.01
Maximum lot size 30.0
Commission 0.0
Spread
Decimals 5 decimals
Scalping allowed Yes
General information about MultiBank Group
MultiBank was established in California, USA in 2005. Since its launch MultiBank has evolved into one of the largest online financial derivatives providers worldwide, with a current paid up capital of over US$ 322 million. Combining prime liquidity, cutting edge technology and first-class customer service, MultiBank delivers advanced trading platforms and tight pricing in online financial products, including Forex, Metals, Shares, Indices, Commodities and Cryptocurrencies CFDs. MultiBank Group boasts a daily trading volume in excess of $6.2 billion and provides services to 32,000 clients in over 90 countries worldwide.

With the concept that technology must keep pace with the advancements in financial products, MultiBank was one of the first in the foreign exchange industry to launch a fully transparent and electronic Forex and Financial Derivatives Exchange.

MultiBank comprises a number of companies which are licensed and regulated worldwide through relevant authorities including ASIC in Australia, BaFin in Germany, FMA in Austria, CNMV in Spain, FSC in the BVI, CIMA in the Caymans and RAK in the UAE. MultiBank has offices in Hong Kong, Sydney, Frankfurt, Vienna, Barcelona, Dubai, Beijing, Ho Chi Minh City and others.

MultiBank has won numerous awards, including “Best FX & CFD Broker (Europe & Asia) 2019”, “ECN Broker of the Year (Europe) 2019”, “Best Forex Platform MENA 2019” and others in recent years.
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EURUSD 1.106 GBPUSD 1.31349
USDJPY 108.572 USDCAD 1.32552

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.