| General Information |
|
|---|---|
| Broker Name: | MultiBank Group |
| Broker Type: | Forex & CFD |
| Country: | Hong Kong |
| Operating since year: | 2005 |
| Regulation: | ASIC, BAFIN, CNMV, FMA, DFSA, TFG, AUSTRAC, VFSC, CIMA |
| Address: | / |
| Broker status: | Active |
| 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 |
|
| The 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: | Yes |
| Account |
|
| Minimum deposit: | $20 |
| Maximal leverage: | up to 500:1 |
| Spread: | Variable |
| Scalping allowed: | NO |
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 multinational and experienced brokerage that suits both beginner and veteran investors. It has offices in over 10 countries, allowing it to shift to fit various global legislative requirements. On top of that, the firm has been around for 2005 and has since deserved quite a positive public opinion. With the brokerage constantly innovating, new user interest seems to be as high as always. As such, our MultiBank Group review will help you make an informed decision about using the broker’s services.
To start, we need to emphasize the thoroughness and flexibility of MultiBank Group. It’s one of those vintage brokers that don’t do anything halfway through. As such, there are no conditions that are half-pleasing. Instead, the broker gives off a strong impression from the start and doesn’t let up. Even its website, which is a relatively benign feature for brokers, is carefully crafted.
The company website allows users to inform themselves about Multibank Group’s services quickly. It doesn’t hide anything or try and misdirect users and waste time they could’ve spent trading. Instead, the broker is intent on getting you up and running quickly, not delaying your potential trading gains. That lends it an air of trustworthiness from the start and negates the frustration of researching new brokerages. On top of that, it looks pretty appealing and doesn’t jump at you with promotional materials.
MultiBank Group definitely has the looks and feel to match its excellent reputation. The first impression you get of it is that the broker is a company that knows what to do. As we said earlier in our MultiBank Group review, that feeling doesn’t let up as you learn more regarding the broker. Before we continue, let’s look at some of MultiBank Group’s interesting features:
· Social Trading
Social trading is a relatively new online trading feature that can meaningfully contribute to your trading experience. It can be a way to both earn money and learn how to become a better trader. It achieves that by letting you copy others, as well as analyze their trading patterns and habits. However, even if you’re a trading veteran, you can still utilize social trading by letting others copy you. That means you earn some fraction of each positive trade they make, providing a welcome fund boost.
· Multiple Regulators of MultiBank Group
We’re all aware of how difficult the regulatory situation is, especially with new unregulated brokers flooding the market. Despite regulations being one of the primary security features, most new firms seem to operate without any. That forces some traders to go for unregulated companies as they have no better option. Naturally, that’s a huge gamble, especially if you intend to trade on a higher-than-casual level. Luckily, MultiBank Group doesn’t fall into that category, as it has multiple strong regulators ensuring user safety.
· Bonuses
Various bonuses and promotions can make an experience with a broker much more pleasant and profitable. However, most firms tend to stop at basic promotions, such as deposit matches and welcome bonuses. However, MultiBank Group has a ton of various bonuses that can gather you thousands of dollars in total. Naturally, getting the max out of them takes a fair bit of money or effort, but they’re worth it. As such, no matter your budget, the broker’s bonuses can bolster your trading funds significantly.
Funds Trading and Security
Safety is a primary concern when choosing a brokerage, as unsafe brokers can steal tons of money from you. However, most newer brokerages seem to rely on trust rather than solid proof of trustworthiness. Unfortunately, those same brokers often end up being scams, or at least dishonest firms that harm users. In contrast to that, MultiBank Group is one of the most secure online financial businesses you can run into.
Earlier in our MultiBank Group review, we talked about how the company had multiple regulators. For anyone in the trading world, it should be apparent that’s a sign of a very trustworthy company. Most brokers settle on one if even that much and call it a day, mostly doing that as a formality. It’s apparent that MultiBank Group wants users to feel safe and isn’t afraid to put resources towards ensuring that. If you simply look at the regulator list, it should be enough to convince you of the firm’s integrity.
The whole list of regulators includes ASIC, BaFin, DFSA, FCA, CIMA. Experienced investors should be aware that each of these is a strong licensing body by itself. When you stack them up together, you get an airtight security web.
Furthermore, we should also talk about the firm’s experience and how that works towards its trustworthiness. It’s factual that scams are unsustainable and disappear quickly in the vast majority of cases. However, MultiBank Group has been around since 2005. That’s over 15 years of operation without any major scandals or missteps. On top of that, the broker manages to maintain a positive impression among users, which is impressive.
Altogether, there’s no room for doubt about the firm’s integrity or safety measures. As we said earlier in our MultiBank Group review, it doesn’t do anything halfway.
The Review of MultiBank Trading Accounts
MultiBank Group is one of the few brokers that doesn’t follow the standard way to set up accounts. It instead opts for a more diverse setup, which suits particular investor types better. As such, it has three distinct account types, each with conditions appropriate for the fund level they sit at. It allows the broker to be much more diverse with its service, as well as become more affordable. An example of that is the firm’s cheapest account requiring a mere $50 deposit.
And besides having an excellent live account setup, the broker also has a demo account. That can be an invaluable tool for newbies, who can use the demo to practice for a while. It also allows beginners to get used to trading platform interface and functionality. Even for veterans, the demo account is the best way to test out a broker’s service and get full insight.
Back to the live accounts, we should note that all three provide competitive trading conditions. As we said earlier in our MultiBank Group review, each has benefits, with the more expensive ones being more feature-rich. However, even the cheaper accounts can give you a complete trading experience. Here are some more details about the accounts at multibankgroup.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
So far in our MultiBank Group review, the broker has shown few weaknesses. That completeness is the broker’s primary advantage over competitors, and it carries over into the trading conditions. Namely, the broker provides some of the best trading in the market, with leverage of up to 1:500. Furthermore, it has accounts that allow you to trade without spreads, making the prices entirely transparent. At that point, you get a fully skill-expressive experience and can capitalize on your trading skill and knowledge.
The supporting features are excellent as well. The broker has same-day withdrawals, allowing your money to flow in and out of your account freely. On top of that, it has multiple trading platforms and a deep trading product variety. Near the start of our MultiBank Group broker review, we also mentioned its social trading features and bonuses. Those go towards improving the overall experience as well.
Trading Platform
MultiBank Group has two platforms for users to chose from, both being market leaders. MetaTrader4 and MetaTrader5 are available to MultiBank Group customers, with their intuitive interface and broad functionality. The two are favorites among users everywhere, and most have already used one of the two at least. The platforms also come in web and mobile forms, allowing users to trade while they’re moving.
MultiBank Group’s Trading Products
MultiBank Group is a trading company with a wide variety of assets to pick from. Its trading instrument collection includes all of the common asset classes, with a solid selection inside each. That allows traders to always choose the best trading products for their portfolio. It makes diversification simple and enables investors and traders to set up a great safety net. Here are the asset classes at multibankgroup.com:
- Forex
- Metals
- Shares
- Indices
- Commodities
- Cryptocurrencies
Customer Service
As we said earlier in our MultiBank Group review, the firm values customer satisfaction quite a bit. That’s why the broker set up an excellent customer support structure, with toll-free phones for various countries. Its team operates 24/6 and speaks multiple languages, making communication smooth and simple. Besides the phones, you can also reach the broker via email or live chat.
Phone: +18335427841
Email: [email protected]
Conclusion
MultiBank Group is one of the few brokerages that manage to do it all and do it well. Undoubtedly, the ample time it’s had to develop helps that, but it’s apparent the broker knows what customers want. It’s one of the most secure brokers on the internet, with a broad array of regulatory bodies watching it. It also has offices across the globe, meaning it adheres to different legislations. The fact that it doesn’t break any rules speaks volumes about how clean the broker acts.
On top of that, the firm also has numerous features that improve your trading experience. We’ve already gone over them earlier in our MultiBank Group review, and it’s fair to say they cover everything. On top of that, the broker is friendly towards new users via bonuses and a demo account. Naturally, we’d like to implore you to try the broker out for yourself. MultiBank Group is great as both a starting point and permanent trading hub, and we’re sure it won’t disappoint.
Happy with the services
I am trading for over six months with this broker and so far I am happy with the services. I get good trading returns.
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Excellent brokers
I am impressed with their support, their broker signals as well as their platform. I gain good profit, too.
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Hassle-free withdrawals
I was able to get my money on time. Withdrawal is hassle-free.
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Good brokers
They are good brokers. They let me see their company and regulation prior trading. Also, they explain all the things I need to know including risk.
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Great services
Good services for forex brokerage. They have really profitable signals and fast withdrawals.
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Smooth withdrawals
I encounter good services with this broker. Customer service is always prompt and efficient. Withdrawals are always fast.
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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 and honest broker
Good and honest broker. What I like about this broker is that they are transparent and explain everything clearly. Overall performance is good also, based on my profit.
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Great profit
Been using their signals for the past few months and so far I am getting good profit. Happy to trade with.
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Reliable broker
Reliable broker service. I have no regrets choosing them to be my trading broker. They have been a good trading partner.
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Awesome services
They are good in what they do. The services are extremely awesome.
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Highly recommended
I feel their sincerity to help and dedication to make my trades successful. Highly recommended.
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Good profit
Good commercial broker. I have been doing business with them for some time and they still provide good services. They have many trading options. I do not have tried a few and am benefitting from them so far.
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Fair trading services
Execution and pricing are fair. I experience good services, too. There are no withdrawal issues encountered so far.
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Smooth withdrawals
I think this broker is reliable. I didn’t have any problem with the services. My withdrawals are always on time.
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Skilled brokers
They assist me in all my trading needs and teach me how to place good trades. I get updated and accurate market news. Trades are profitable and withdrawals are smooth and easy.
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Favorable trading results
Trading results have always been favorable for the past six months. Good broker.
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Highly recommended
Excellent customer service and easy to withdraw profit. I am keeping their services for sure and will highly recommend.
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Good services
Signals are spot on and services are good. I gain profit from my currency pairs and experience efficient services, too.
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Highly recommended
I feel their sincerity to help and dedication to make my trades successful. Highly recommended.
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Smooth withdrawals
Easier and faster withdrawals. I have used several brokers in the past but among them, this broker has the smoothest withdrawal process.
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Satisfied with the results
They have low trading costs, fast and personalized support and a great range of products to trade. I have been using the services for the past few months and I am satisfied with the trading results so far.
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Good profit
I am working with this broker since last year and for more than a year, they’ve been consistently good. They have helped me gain good profit as well.
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Good brokers
They have dedicated brokers and customer service. They always uphold standard procedures and always go the extra mile to make my trades progressive.
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Good signals
Fast withdrawals and efficient customer service. I am confident with their signals.
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Amazing broker signals
Amazing trading signals. I am so much impressed with the profit I am getting from this broker.
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Smart trading tools
Smart trading platforms and tools for forex. I have traded with several companies in the past but this one got the best tools.
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On time withdrawals
A decent trading company to deal with. They attend to all concerns promptly. Also, they process withdrawals on time.
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Great profit
Happiest place to trade. Aside from earning great profit, withdrawal is fast and easy.
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Favorable trading results
Trading results have always been favorable for the past six months. Good broker.
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Excellent signals
I am happy to leave a review for this broker. Signals are excellent and services are great.
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Excellent Service and Good Profit
I found all the good qualities of a forex broker I have been looking for. I am satisfied with my profit and I am happy with the services. Tight spreads and good leverage too.
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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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Excellent brokers
I am impressed with their support, their broker signals as well as their platform. Good broker company to deal with.
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The best broker
The best choice to trade forex with. Signals and services are all worthwhile.
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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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Smooth withdrawals
Easier and faster withdrawals. This broker has a smooth withdrawal process.
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Great signals
Spot on broker signals. They are highly skilled and always come up with accurate technical and fundamental analysis. I am benefiting from my trades so far.
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Reliable broker
Genuinely reliable. I have been using this broker service for quite some time and I never had any single issues encountered as I trade along.
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Amazing broker
I’ve got nothing to complain about, I am amazed and satisfied with the services.
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Satisfied with this broker service
Good customer service, a stable platform, fast execution, and hassle-free withdrawals. I am overall satisfied with this broker’s service.
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Easy and quick withdrawals
Easy and quick withdrawals. I made a few transactions and I get good benefits from it. They always provide precise technical and fundamental analysis.
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Reliable broker
Reliable and great services. I had so many great options to earn money and I have a good return on my investment.
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Great services
I always receive my withdrawals on time. The services are great.
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Affordable trading
I can trade at a lower cost. They have affordable initial deposit and trading assets. Signals are reliable.
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Awesome customer service
Awesome customer service. I never had any problem communicating with them. They are also prompt in attending to my trading needs.
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Reliable signals
Reliable trading signals and accurate market analysis. I can fully trust them, they’re good in helping me gain good profit.
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Good profit
Amazing services and good profit are my reason of keeping this broker service. I have never traded to brokers as good as this before.
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Good signals
Awesome forex trading signals. It made trading easier for me. I can fully rely on their signals and tools to get me a good profit.
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Favorable trading results
Trading results have always been favorable for the past six months. Good broker.
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Fast withdrawals
Fast and smooth withdrawals. I never had any trouble dealing with them, they’re easy to deal with.
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Good platform
They are using the latest forex trading platform which is really very confusing. But when I get the hang of using it, it is really good. It manages accounts effectively. And it makes trading easier.
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Reliable signals
Reliable trading signals and accurate market analysis. I can fully trust them, they’re good in helping me gain good profit.
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Amazing brokers
Trading tools and features are amazing. Among the several brokers I have used, they have the best trading platform. Features aren’t just nice but also helpful.
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No withdrawal issues
Happy to recommend. I am getting good returns on a monthly basis. Never had any withdrawal issues.
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Transparent broker
There transparency is outstanding. I trust them high enough with my investment. They did well in what they do and works efficiently.
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Affordable trading options
I can trade at a lower cost. They have a lot of affordable trading assets. Signals are reliable, too.
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Efficient trading brokers
Both brokers and customer service are efficient workers. They have been giving me the services and advice that I needed in order to succeed on my trades.
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Trusted brokers
I trust them so much. They are competitive brokers and all transactions are transparent.
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Exemplary broker performance
Exemplary forex trading broker. I get amazing profit and am dealing with amazing people.
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Earned huge money
I earned real big money by trading with this broker. They seem to know what to do and are well-experienced in the forex industry.
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Happy and satisfied with this broker
I am on the right track with my trading career. It is all because of this broker’s dedication and perseverance to help me succeed. I am happy and satisfied with this broker service.
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Good trading broker
I am happy to see progression in my trades. It is one of the best brokers I have dealt with. Signals are always good and services are, too.
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Good services
No execution delays and trading advice are very effective. Good customer service, too.
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Responsive customer service
Customer service is very good and responsive. Brokers deliver accurate signals that bring really good profit.
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Wonderful broker
Wonderful and dedicated brokers. They always treat all concerns with high importance.
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MultiBank surprised me
MultiBank surprised me. Did not expect such nice service and trading instruments. If you want to try a new and interesting broker, here it is!
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