GENERAL INFORMATION | |
Broker Name: | MultiBank Group |
Country: | Hong Kong |
Operating since year: | 2005 |
Regulation: | ASIC, BAFIN, CNMV, FMA, DFSA, TFG, AUSTRAC, CIMA |
CUSTOMER SERVICE | |
Phone: | +1 646-568-9702 |
Email: | [email protected] |
Languages: | English, Spanish, Italian, Arabic, Ukrainian, Vietnamese, French, Russian, Indonesian, Mandarin, Cantonese, Hindi, Urdu, Dutch, Swedish, Turkish |
Availability: | 24/7 |
TRADING | |
Trading platforms: | MultiBank Pro, MT4, MT5, Webtrading |
Trading platform Time zone: | – |
Demo account: | YES |
Mobile trading: | YES |
Web-based trading: | YES |
Bonuses: | YES |
Other trading instruments: | Forex, Metals, Shares, Indices, Commodities, Cryptocurrencies, CFDs |
ACCOUNT | |
Minimum deposit ($): | $50 |
Maximal leverage: | up to 500:1 |
Spread: | Variable |
Scalping allowed: | Not Allowed |
Forex pairs offered: | 55+ |
Payment methods: | Wire Transfer, Credit card, Debit card, Neteller, Skrill, Union Pay, PayTrust, SEPA, Bitcoin, AwePay, GlobePay, Thunder X Pay, Poli Payment |
Account types: | ECN: min deposit $5,000, PRO: min deposit $1,000, STANDARD: min deposit $50 |
CONTENT
- GENERAL INFORMATION
- FUNDS TRADING AND SECURITY
- THE TRADING ACCOUNTS
- TRADING CONDITIONS
- TRADING PLATFORM
- MULTIBANK GROUP’S TRADING PRODUCTS
- CUSTOMER SERVICE
- CONCLUSION
Broker Review: MultiBank Group
General Information
MultiBank Group is a versatile multi-asset brokerage that’s been around in the industry for quite a while. It started operating in 2005 and has been giving top-tier trading and investing services ever since. Its offices span over numerous countries, with the firm operating in more than ten vital financial centers. Over its years of operating, the firm has constantly innovated and updated, always remaining relevant in online trading circles. Because of that, our MultiBank Group review will help you decide whether the company is one you should consider.
As soon as you enter multibankfx.com, you get a feeling that it’s more serious than the regular broker. It looks good, is well organized, runs smoothly, and isn’t too persistent with marketing. All those are great signs of a solid broker with valid intentions that aims to satisfy customers. Naturally, just having a pretty-looking and functional website isn’t enough to please potential traders. Still, it’s apparent that MutliBank Group knows how to please its customer base.
With a service and an introduction that MultiBank Group has, it’s no wonder it’s maintained relevance. Few brokers manage to push past their first few years, let alone the better part of two decades. The experience the broker has is a sign of valid functioning, as well as a great service. After all, how could a company stay afloat for so long if its customers were displeased? That statement rings even truer in the brokerage world, where innovation is constant and the competition steep.
As you could likely already tell, our MultiBank broker review starts on a positive note. Luckily, the broker continues with that degree of quality throughout the rest of the service. Here are some of MultiBank Group’s interesting achievements and properties:
· Continuous Awards
One of the main things that show us MultiBank Group’s quality before we even enter the service are its accolades. Now, a lot of brokers earn an award or two over their lifetimes. What makes MultiBank Group stand out is the consistency and variety of awards it’s received. They come from numerous sources, multiple years, and a lot of them cover different categories. As such, we have solid proof that the broker’s services are of high quality, even before we look at them ourselves.
· Numerous Licenses
Another advantage MultiBank Group has over most other brokerages is the strength of its security and regulation. Nowadays, most brokers settle for a B-list regulator or opt to operate without any licensing. For brokers that have been around for a while, there’s sometimes one slightly stronger regulator present. However, MultiBank Group has five strong regulators watching how it operates, ensuring it treats customers well. That goes a long way towards proving the company runs well and that its customers can feel safe.
· Various Promotions
The last significant advantage we want to talk about in this part of our MultiBank Group review is its promotions. Namely, the broker has a diverse set of bonuses its users can claim to bolster their funds. The total amount of money you can get comes up to thousands of dollars, which everyone can agree is significant. Naturally, getting to that amount takes some funds and effort, and the broker won’t give you thousands for signing up. However, the bonuses are still a nice boon to your trading experience, tilting the odds in your favor.
Funds Trading and Security
Safety is one of the primary advantages of MultiBank Group. It’s no overstatement to say that the broker is one of the safest online brokerage companies present. No matter where you look, the broker’s safety protocols are airtight, preventing any sort of foul play. Even when you look at the less objective descriptors, the broker still doesn’t let up. In this part of our MultiBank Group review, we’ll explain why we’re so confident in its security.
To start, we’ll mention one thing we already talked about earlier in our broker review. Namely, MultiBank Group is a multinational company, and as such has to adhere to a wide set of legal rules. The fact that it keeps its validity under all of the various requirements is quite encouraging. Furthermore, we already spoke about how the broker has numerous regulators following its operations closely and potentially compensating customers. The full list of regulators includes BaFin, DFSA, FCA, CIMA, and ASIC, each a strong financial watchdog on its own.
So with that in mind, the chances MultiBank Group will try and trick you are close to zero. If the broker were even to attempt anything, it’s more than likely it’d get fined and punished by various sources. However, the fact that the broker goes to such lengths to collect licenses tells us it doesn’t intend anything malicious. Still, some traders might find little confidence in regulators, and value customer opinions more.
Even on that front, MultiBank Group does flawlessly. It’s impressive for a broker that’s over 15 years old to still maintain a positive reputation among users. That tells us the broker truly cares about the service it provides and the customers it offers it to.
The Trading Accounts
As we said earlier in our MultiBank Group review, the broker is versatile and can fit various users. That’s in no small part due to its excellent account setup, which has something for everyone. It’s slightly different from the way most brokers, especially newer ones, do it. Namely, instead of tiered accounts that depend on cumulative deposits, MultiBank Group has three distinct ones. Choosing an account this way does require slightly more thought, but you receive something that suits you better.
For those that are worried, you don’t need to be as there’s still a budget option. Namely, MultiBank Group’s cheapest account requires a fifth of the regular brokerage deposit. That means the “price” sits at $50, which is quite affordable for potential traders and investors. Naturally, price here isn’t an exact term, as you still get the entire sum to trade with. As such, MultiBank Group is actually one of the cheaper brokerages, even with its quality and experience.
Furthermore, we should also note that the broker has an account option that starts at 0.0 pips. That can be quite beneficial for users, especially for specific trading tactics. Here are the specifications for accounts at multibankfx.com:
STANDARD
- Minimum initial deposit of $50
- Spread from 0.4 pips
- Leverage up to 500:1
- Social trading
- 24/7 technical and account support
- Multilingual customer service
PRO
- Minimum initial deposit of $1,000
- Spread from 0.8 pips
- Leverage up to 500:1
- Social trading
- 24/7 technical and account support
- Multilingual customer service
ECN
- Minimum initial deposit of $5,000
- Spread from 0.0 pips
- Leverage up to 500:1
- Social Trading
- 24/7 technical and account support
- Multilingual customer service
Trading Conditions
The broker’s trading conditions keep up with its security in ensuring the entire service is top-notch. Namely, the broker has a pricing structure that’s favorable towards users, with a cheap starting account. There’s also a lack of fees and extra charges that you rarely see with other brokerages. The leverage you can trade at is high, sitting at 1:500 and helping out specific strategies significantly. On top of that, there’s an account option that starts with 0.0 pip spreads.
We should also mention that the supporting conditions are excellent. The broker has multiple platforms, as well as a social trading feature. That can be a significant boost for newer and less secure traders. The funding structure and speed are also excellent, allowing your money to transfer quickly. That eliminates any sort of downtime or interruption while you trade or invest.
Trading Platform
As we said earlier in our MultiBank Group broker review, the firm has two platforms. The platforms at hand are MetaTrader4 and MetaTrader5, both belonging to the top-tier of trading software. Most traders have already encountered one or both, as they’re among the top trading platform for online brokers. They’re both intuitive interface-wise yet offer complex trading features, thus fitting beginners and veterans well. The software also comes in web and mobile forms, bringing increased convenience to users.
MultiBank Group’s Trading Products
One advantage we haven’t mentioned a lot is MultiBank Group’s variety of assets. There’s a ton of different trading products to choose from, making portfolio diversification simple. Even beyond that, the broker covers all the major categories, so traders won’t ever feel like something is missing. Here’s a list of the trading instrument categories you can expect to see at multibankfx.com:
- Forex
- Metals
- Shares
- Indices
- Commodities
- Cryptocurrencies
Customer Service
People often overlook the quality of a good customer support team to overall service. MultiBank Group has phone lines over multiple countries, with many of them being free. That, and the fact that a lot of their representatives are multilingual, leads to a pleasant experience. The support team works 24/6 and is also available through live chat and email.
Phone: +18335427841
Email: [email protected]
Conclusion
MultiBank Group is a serious brokerage that maintains a high level of quality throughout. We’ve already gone in-depth about their security in trading, so we don’t need to be repetitive. Still, it’s impressive that a brokerage that’s been around for as long as MultiBank Group has is keeping up. Most older brokerages fail to keep up with the constant innovation in online investing and quickly fail. MultiBank Group succeeded in keeping up, giving us a refreshing mix of experience and trading features.
The result is a brokerage unlike many others on the market. No matter where you look, it’s difficult to find something you wouldn’t enjoy with the broker. To wrap up our MultiBank Group review, we’d definitely suggest trying out the broker’s service for yourself. The quality is sure to meet your expectations, and the bonuses make that offer even more enticing.
Good broker
If you are wondering if this is a good broker to deal with. I can vouch for it. I have been trading with them for a year and services are guaranteed excellent.
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Interesting services
Interesting trading services and tools. I’m also satisfied with the trading conditions provided here.
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Reliable broker
Over all the broker is trustworthy and reliable. Services are always good.
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Fantastic broker signals
Fantastic broker signals and trading guidelines. Consistently bringing profit to my trading account.
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Good broker
Been trading over a year with them and never had an issue with them.Fast customer service response and fast withdrawals.Good services overall.
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Great brokers
Great broker. Customer service is good too. I get good profit from the signals and never had any problem on withdrawals.
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Cool brokers
Cool brokers and tools. I am getting good income from my trades.
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Effective signals
This is a good broker company. Signals are proven effective. I highly recommend this broker.
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Good profit
They have given me so many great opportunities to earn money. I am glad to have traded with the right broker. I gained good profit and received my withdrawals earlier than expected date.
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Reliable signals
Reliable signals and good services. So far, for the past eight months, I am fully satisfied with the services. I was able to observe minimal slippage and they also offer competitive spreads.
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Happy with this broker
Happy with my trading broker. I am getting good profit monthly. I am also able to withdraw my profit smoothly.
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Good broker company
I can consider this to be a good broker company. They deal with all of my concerns in a timely manner and all transactions are prompt.
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Great broker
I’ve got so many good reasons to keep this broker service. Withdrawal is smooth and trading advice are always accurate. Customer support is always available for help.
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Good trading advise
I get really good trading advice from the brokers. I am profitable on my trades because of them.
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Great trading opportunities
They have given me so many great opportunities to earn money. I am glad to have traded with the right broker. I gained good profit and received my withdrawals earlier than expected date.
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Swift withdrawals
I never had issues with withdrawals or any of their services. Withdrawals are always swiftly processed.
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Good broker
What I observe from a few months of trading with this broker is that, all services are good. Withdrawal is fast and signals are spot on.
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Satisfactory
Satisfactory result. I am happy with everything. Services and signals are both great.
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Fast withdrawals
Fast and hassle-free withdrawals. I have no complaints about the services, I get good profit.
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Good broker
Fair trading terms and conditions. Good broker services as well. Been trading for a couple of months and had several withdrawals. So far, all is good.
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Professional broker
They were able to hit forecast. Always on time and meet commitment all the time.
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Highly recommended
Good software. It has advanced technological software which makes trading more organized and easier. They also process withdrawals smoothly.
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Responsive
They have responsive brokers and good customer service. The response comes in an instant.
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Good trading tools
Offers not only good trading services but also a good knowledge base about online trading. Good website and efficient trading tools.
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Good performance
They are keen on details and careful on trades. Good overall performance.
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Enthusiastic customer service
Enthusiastic customer service. They always sound happy and sincere in helping. Good signals also.
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Efficient broker
They’ve been very efficient and helpful. I never had any trouble contacting them, they attend to my trading needs real fast.
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Good performance
They are keen on details and careful on trades. Good overall performance.
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Highly recommended
I am overall satisfied with the services from this broker company. Highly recommended.
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Satisfied with services
They’ve assisted me in all my trading needs. I am happy and satisfied with the services.
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Good signals
Good trading signals. I gained good profit because I got great advice from the brokers.
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Good broker
Good broker to trade forex with. Support are prompt and brokers deliver efficient services always.
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Good broker
Good trading broker. They perform very well.
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Fully satisfied
I’ve got no complaints with their services. I am truly satisfied with this broker’s service.
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Wonderful place for online trading
This is such a wonderful place to trade forex. The tools and services are both efficient. I’ve got no problem with this broker and I am satisfied with customer service.
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Great customer service
The best customer service, they are willing to help me anytime. They are resourceful and efficient, too.
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Hassle-free withdrawals
It is a good trading broker to deal with. Withdrawals are always hassle-free and customer service are prompt.
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Good profits
This is a good broker service but I am happy with my trading results. I am not getting good profit since I traded with them six months ago.
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Good profits
This is a good broker service but I am happy with my trading results. I am not getting good profit since I traded with them six months ago.
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Thumbs up
They are a good provider of trading services. I gain good profit in just a matter of few months. Thumbs up for this broker company.
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Great broker
Great trading broker. I can give them the highest ratings possible based on the trading results they give me.
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The best broker
One of the best among the brokers I have traded with. The signals are really amazing.
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Competitive broker
Admirable trading brokers. They are competitive and are dedicated in conducting market research.
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Perfect broker
I found a perfect broker to trade with. Signals are accurate and profitable. The services are great.
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Good broker
Always maintain a good connection with me. Trading results are good and I am happy with customer service.
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Exceptional broker service
Exceptional broker services. I am impressed on broker signals and even services.
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Excellent trading services
They are a team of skilled staff from brokers, technical support to their customer service. They are nice, warm and accommodating. And the skills they have in forex are exemplary.
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Good service.
Very excellent service,I highly recommend this company.
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Good broker
Good broker to deal with. They attend to all my concerns right away.
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Good broker
Thumbs up! This broker is good.
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Best trading company
The best trading company I have ever dealt with. Withdrawal is fast and easy.
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Good broker
Always maintain a good connection with me. Trading results are good and I am happy with customer service.
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Reliable
Great source of market analysis and signals. A reliable trading broker to deal with.
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Excellent broker service
They were able to address all my trading queries and concerns promptly and effectively. I am gaining decent profit and experience great services from them.
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Good broker
Easy deposit and withdrawals. Profitable signals.
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Reliable broker
Trading forex isn’t easy. You have to really have to do good research and analysis. But this broker make everything easier for me. I can rely on their trading signals and market analysis.
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Great trading experience
I had a great trading experience with this broker. I was able to withdraw profit monthly. I never had any problem with any of their transactions.
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Honest broker
This is a trusted and honest broker. They are very dedicated in helping me whether on small or big trades.
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Good broker
A good broker company. Signals are accurate and withdrawals are always quick.
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Good offers
They have so many interesting offers and I really got the proper support I needed in order to succeed. Glad to have them as my trading broker.
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Amazing brokers
All my trading needs have been addressed promptly. I am fully satisfied with the services, they are truly amazing.
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Competitive brokers
They are competitive and skilled forex brokers. Signals are really worthwhile and services are dependable.
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Good customer service
Good customer service. I am happy with how they assist me and treat me. They have been respectful.
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Satisfied with this broker
Signals gives good profit and services are great. I have observed consistency for the past six months and I am satisfied.
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Great customer service
The best customer service, they are willing to help me anytime. They are resourceful and efficient.
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Highly recommended
Extraordinary forex broker company with brokers that has exemplary online trading skills. Highly recommended.
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Good services
For me, this is one of the best trading company to partner with. Services are always good and signals are amazing.
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Highly commendable
They support me all the way and help me gain good profit. Highly commendable broker services.
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Great trading broker
Great trading brokers in the forex industry. They are well versed and delivers really good services. I gain good profits and withdraw them smoothly.
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Fine test
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Great broker for forex trading.
Great broker for forex trading. They have been professional in all dealings.
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I will keep the benefits.
I have been using this broker service for almost a year and will keep the benefits.
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I can withdraw my profit anytime without any hassle
I can withdraw my profit anytime without any hassle. All of the services are always very efficient, and profit is excellent.
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Adequately broker.
Trading results have always been favorable for the past six months. Adequately broker.
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MultiBank has been recommended to me
MultiBank has been recommended to me. It’s a good thing I traded with this broker. I had good returns.
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Honest and safe trading.
Honest and safe trading. Regulated and good forex brokers.
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The best customer service
The best customer service, they are willing to help me anytime. Very innovative and efficient.
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Fantastic forex trading services
Fantastic forex trading services. They are very suitable for what they do.
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Friendly environment
Friendly environment. Applications and platforms are user-friendly—very accommodating staff.
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Everything is perfect
I have not got any issues with Multibank. Everything is perfect
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Multibank has everything I need with a great support team.
I am not going to switch to any other broker sites. Multibank has everything I need with a great support team.
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It is a great business model and convenient for travelers
This is the second time I have used them, and I continue to be impressed. It is a great business model and convenient for travelers who bring home extra currency.
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Multibank has made good progress in technical terms
Multibank has made good progress in technical terms, a complete absence of requotes and slippages, minimal spread, good trading conditions for cryptocurrencies and currency pairs.
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A fast and reliable platform, I can trade easily
A fast and reliable platform, I can trade easily. All of the withdrawal procedures take place quickly. The interface is user-friendly.
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Great support and easy to use!
Great support and easy to use!
Thanks MultiBank!
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Quick deposits and withdrawals
Quick deposits and withdrawals. It is guaranteed, I am experiencing this for over a year.
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Highly recommended trading services
Highly recommended trading services. Been using the services for a three months, and they’re proven effective.
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I love trading here
I have not seen such polite support team. I love trading here
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It is highly recommended.
Great people and excellent service. It is highly recommended.
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Withdrawal without any extra process
Withdrawal without any extra process. I respect this forex broker
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I like the advice the customer service gives to me
I like the advice the customer service gives to me. With professionals, it’s not difficult to gain good profits.
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The accurate and attentive team
The group of MultiBank surprise me each day I decide to trade with them. The accurate and attentive team
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Both brokers and customer service are friendly and skilled.
Happy with this broker service, the signals are beneficial. Both brokers and customer service are friendly and skilled.
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Recommended broker
The services are incredible. Fantastic and pleasant people to trade with. Recommended broker
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Services are also outstanding.
Offers great trading instruments to trade, very affordable and profitable. Services are also outstanding.
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They always get in touch with me
They always get in touch with me for all available opportunities
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I get the tools and services that I need.
I get the tools and services that I need. My recommendations
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I am glad that I found this forex broker.
I am glad that I found this forex broker. I was able to recover all my losses from previous brokers.
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Reliable and skilled forex broker
Reliable and skilled forex broker. You can trust MultiBank Group. I am delighted.
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a progressive forex trading.
Need to admit it’s a progressive forex trading.
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I respect the team of MultiBank.
They know how to handle beginners like me. I respect the team of MultiBank.
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Low fees and high profits
Low fees and high profits, what more do trader needs?
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Everything seems wonderful
I have no regrets regarding this forex broker. Everything seems wonderful
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The services are always good
The services are always good, and I get good profit as well. Worth trying MultiBank
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Truly recommended
With multibank gaining high profits is not a problem. Truly recommended
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Exclusive offers and high profits.
Exclusive offers and high profits. These are the main reasons why I am trading here.
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Quick responses and also a quick withdrawal process
Quick responses and also a quick withdrawal process. I will keep trading with MutliBank Group.
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My favorite forex broker
My favorite forex broker. I am impressed with my trading results.
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I will keep trading with them.
My cousin suggested to me this forex broker, and so far, I am satisfied. For now, I will keep trading with them.
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perfect trading instruments!
High profits and perfect trading instruments!
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Worth my money and time
Worth my money and time. They are so dedicated to providing outstanding signals.
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I gain good profit
Fast and easy withdrawal process. I gain good profit
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Reliable forex broker
Reliable forex broker, it’s a pleasure to deal with them.
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I adore trading here.
Helpful broker. More than satisfied, I adore trading here.
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Signals and services are both excellent
Signals and services are both excellent. I have recommended this broker to my friends and recommend it to you.
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Great service
I respect their support team that works 24/7/. Great service
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Easy money
Multibank gave me the opportunities to make easy money. Worth to try
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Friendly support team
Friendly support team, I appreciate their hard work
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Everything is organized
A simple platform for trading. Everything is organized
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I got my first withdrawal yesterday
I got my first withdrawal yesterday without any extra procedure. All went easy
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Many exciting features
I like using their online trading platform. It has so many exciting features making everything easier for me.
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I am satisfied with my profits
I am satisfied with my profits. It’s easy to gain good earnings with the trading advice of the support team.
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Recommended from my side
The service is excellent. The platform is easy. Recommended from my side
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Super offers
Super offers, I did not expect such a good place for trading. Very thankful
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Follow the trading instructions
I follow the trading instructions, and everything goes pretty well
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They are nice and friendly in all dealings
They are nice and friendly in all dealings: professional broker and customer service.
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Great trading offers.
Great trading offers. I am earning a good profit on all of my trades.
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Signals are reliable
Signals are reliable, worth trading with them
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I have not got any issue with them
I have been trading with this company for more than 4 months, and since then I have not got any issue with them
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Best broker performance
Best broker performance. I am happy and content with their assistance.
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I am very thankful for their conditions.
After I started trading with this broker, I noticed that my trading results improved. I am very thankful for their conditions.
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I’ve got the best assistance from this broker
I’ve got the best assistance from this broker. Their customer service is one of the most helpful and enthusiastic people I know.
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The withdrawal process is smooth
The withdrawal process is smooth and swift, and that is very valuable to me.
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It is my preferred trading broker
It is my preferred trading broker. They are experienced and very professional.
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Everything goes very wel
Currently, I am trading with this broker and need to say they deserved my appreciation. Everything goes very well
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My recommendations
Efficient services, easy to deal with this broker. If you are searching for a new good broker, this is it. My recommendations
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I love trading with this broker
I love trading with this broker. Signals and services both are amazing.
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a very friendly team
It’s fun to trade with this broker. They give you awesome advice, a very friendly team, and honest broker
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their trading options are very interesting
Don’t know why this broker is not popular. Because their trading options are very interesting. Will continue trading with them
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Usually I do not like trading with brokers, but this one is really amazing. They have got exclusive offers for the new customers.
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