MultiBank Group Review 2025 Is It a Legit or a Scam?

As a result, there are zero requotes, no rejections, and seamless trading – even during periods of high market volatility. Consequently, traders benefit from reliable order fills and real-time pricing accuracy. Explore the MultiBank Group through a dynamic visual and video overview that highlights its key features, services, and market presence. Additionally, this section offers a clear and engaging snapshot of what sets MultiBank apart in the trading industry. Standard and Pro accounts have spreads from 1.5 and 0.8 pips respectively, with no commission.

Yes, deposit bonuses offered by MultiBank Group are legit, but that doesn’t necessarily mean you’ll be able to redeem them. Such bonuses come with steep volume requirements that must be met before redemption is allowed, and it’s possible for your losses to far offset the amount promised by the bonus. 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. Our researchers open personal brokerage accounts and test all available platforms on desktop, web, and mobile for each broker reviewed on ForexBrokers.com.

• For instance, trading the S&P 500 CFD typically incurs a cost of approximately $0.90 per contract, making it cost-effective for both day traders and longer-term investors.
• This may impact how, where and which companies / services we review and write about.
• I had a question about setting up an Islamic account so I contacted support via live chat, and within 10 minutes, a friendly agent responded.
• MultiBank Group also offers an Islamic Account, also known as a ‘Swap-Free Account,’ for clients in specific eligible countries.

How does MultiBank support its partners and clients?

With no regulation, price manipulation and spread widening, particularly during times of high volatility, cannot be ruled out. Yes, MultiBank Group is regulated by the Securities and Commodities Authority (SCA) in the UAE under the name MEX Global Financial Services LLC. Although MT5 looks somewhat similar to MT4 at first glance, it definitely took me a little while to adjust and make the most of its features. That said, if you’re an intermediate or advanced trader, I think it’s well worth the transition. It’s like a more modern and robust version of MT4, built for those who want more depth in their trading tools. In my experience, MetaTrader 5 (MT5) feels like a natural upgrade from MT4, especially once you get used to the interface.

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By combining transparency, automation, and a https://lunarcapital.space/ diverse selection of assets, it simplifies investing, allowing users to learn, diversify, and trade seamlessly without requiring extensive market knowledge. MultiBank Group offers a dedicated Islamic Account designed to align with Shariah principles by removing all swap or interest fees on overnight positions. This swap-free solution allows Muslim traders to access global financial markets while remaining compliant with religious values. Users can access tutorials covering MT4 and MT5, social trading features, mobile app navigation, and economic insights. Advanced topics such as ECN trading and market analysis are also included, catering to more experienced traders. MultiBank Group’s global presence in key financial hubs and recognition through 70+ industry awards further highlights its standing.

Deposit Bonus

Research and education at MultiBank Group brands have a long way to go to catch up to industry leaders, but the broker continues to make progress in other categories. 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. With one of the industry’s broadest selections of tradable markets, MultiBank Group allows traders to operate with both flexibility and depth. By combining diverse assets, cutting-edge platforms, and a regulated infrastructure, the broker provides a robust solution for accessing global markets. MultiBank Group offers a scalable account structure, making it easy for both beginners and experienced traders to choose a platform that fits their goals.

Deposit Options And Fees

I recently encountered an issue where I couldn’t access my balance on the app. I suspect the issue stemmed from a surge in trading activity following the inflation news. Read broker reviews, compare platforms, and always verify licensing details. If a platform is providing staking or a crypto-related service, it is worth reviewing the structure.

Traders may only hold either a swap-free or a standard account at any one time. MultiBank Group also reserves the right to revoke swap-free status in cases of misuse or abuse, ensuring the account is used appropriately. Joey Shadeck is a Content Strategist and Research Analyst for ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.

It offers more flexibility and power, from the number of charts and analytical tools to the wider range of tradable instruments and faster processing speeds. The Pro account at MultiBank Group requires you to deposit at least USD 1,000 and features average spreads from 0.8 pips. These spreads are on major forex pairs, translating to roughly USD 3.00 per standard lot round‑turn. As you already know, MultiBank’s ECN (Raw) account is commission‑based.

• Processing times and limits vary by method, ensuring flexibility, convenience, and secure fund movement across platforms.
• The account is commission-free or (more accurately) spread-only which means no commission costs outside the spread.
• ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry.
• CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Customer Service

MT4 focuses on simplicity with robust automation and technical analysis for forex and CFD trading, ideal for beginners and seasoned traders. MT5 builds on MT4 by offering enhanced analytical tools, additional asset classes, and advanced algorithmic trading capabilities for a more versatile experience. MultiBank Group’s MetaTrader 5 (MT5) platform combines speed, versatility, and precision. Traders with MultiBank can access over 20,000 instruments, including Forex, Metals, Shares, Indices, Commodities, and Cryptocurrencies. Moreover, the broker provides real-time execution and nanosecond processing. It offers affiliate/referral programs/Lucrative IB program, starting with a minimum of 53%.

Altogether, the platform supports over 20,000 financial instruments, giving clients broad exposure across traditional and modern markets. Some of the top assets traded include EUR/USD, Gold, and BTC/USD, among others. There are no internal deposit or withdrawal fees, but third-part charges apply, which is why I recommend traders check costs. The secure MyMultiBank account area handles all financial transactions, and MultiBank Group claims instant processing.

I,ve spoken with Mr Mark

He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. MultiBank Group offers forex, CFDs, and underlying cryptocurrencies across its relevant brand entities around the world. MultiBank advertises 14,145 tradeable markets, with 14,054 stocks, 11 crypto CFDs, 11 commodity CFDs, 40 forex pairs, 6 metals, and 23 indices. However, the vast majority of MultiBank’s listed offering is unavailable when first logging into the broker’s available platforms.

This provides an excellent way for beginners to learn while gaining exposure to different trading approaches. MultiBank Group’s MetaTrader 4 platform provides traders with a refined blend of simplicity and sophistication. MultiBank Group offers a suite of trading platforms tailored to meet the needs of traders at every level. Users can access the popular MetaTrader 4 (MT4), MetaTrader 5 (MT5), Multibank.io, and the proprietary MultiBank-Plus platform. These platforms support advanced charting, instant execution, and seamless integration across devices.

However, it also carries increased risk, and MultiBank enforces strict risk management measures – such as stop-out levels and maximum leverage limits – to protect clients. A robust $322 million in paid-up capital, raw ECN spreads from 0.0 pips, along with multi-platform compatibility, while winning more than 70 industry awards. The company’s brand line, “Life is Better with Money,” reflects its core philosophy. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.