I compared the data with the spread rates quoted on the platform and observed no discrepancies. In our Trust category assessments, we evaluate factors tied to stability and transparency, including the broker’s longevity, company size, and the transparency of information provided. In our reviews, we examine the licenses and regulations of each entity operated by a broker. This allows us to compare their different levels of protection. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation. The VPS lets customers run terminals 24/7, experiencing “stable, reliable” trade conditions that let them trade remotely from anywhere.

Thank you Lucas for quick response.

When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of the leverage. Essentially, the broker lends the trader money so that the latter can open bigger positions. The leverage multiplies the profits a trader generates from winning positions and the losses incurred from failed trades. The broker also serves high-risk/yield traders via its huge cryptocurrency offering. Few brokers offer as many crypto CFDs, though it should also be stated that Multibank charges above-average spreads on instruments from the same asset class. The chart screen is a platform’s key feature, crucial for technical analysis through price action overview.

Great support

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 https://limefx.name/ forex deposit bonuses. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation.

They respond really quick and agent…

It is a fantastic option for a trading novice and takes anyone from the beginning to a profitable trading level. Using the MultiBank Group platform was a delightful experience for me. This broker is one of the most reliable I have encountered, and it leads the industry by providing Zero Commission Trading and Negative Balance Protection. Their excellent trading tools made it easy for me to choose the best strategy to achieve steady profits. The broker impressed me with the wide variety of tools and services it offers its clients, including VPS hosting, FIX API, and Trading Central.

Is good and fast Team.

MultibankFX has been an absolute game-changer for me in the trading, and Edward’s (my account manager) support has been nothing short of exceptional. From the moment I joined the platform, Edward’s assistance and kindness have been invaluable.Edward’s commitment to providing top-notch support is evident in every interaction. He goes above and beyond to ensure that every query is addressed promptly and thoroughly. He doesn’t just assist with technical aspects but also offers insights and tips to help navigate more effectively. Edward’s dedication and expertise have undoubtedly made my experience with MultibankFX truly exceptional. Dear Jasper,Thank you for sharing your positive experience with Multibank Group!

For months I have been able to trade successfully using an EA and I made some decent profits through intraday trading. Never have I heard from Multibank / Mex Atlantic at all. Now, when trying to withdraw profits I am barred from doing so. Multibank / Mex Atlantic is now threatening to wipe out all my profits under the argument scalping was used. Stay away from them, they’re happy with you when you lose money but when making money they will prevent you from withdrawing it. Recently I was helped promptly and courteously by Chloe.

You’ll also need to specify some trading account settings, answer suitability questions, and provide proof of identity (such as a Passport or other Government-issued ID) along with proof of address. I have used the live chat a couple of times for queries and they have been so efficient. Professional experience from start to finish and give me complete confidence in what they do. They trapping people with this $10 No-Deposit-Bonus. After making profits they will tell you to deposit $100 for you to withdraw the profit made from the welcome bonus.

They respond really quick and agent Becky was very helpful. I got the right answers on the things I need to know especially in depositing and withdrawing funds. His politeness and speedy response was very helpful to me and I appreciate it. Over the past decade, MultiBank Group’s achievements have been recognized by the global forex industry, including awards from distinguished financial institutions, media organizations, and publications. Claim your listing for free to respond to reviews, update your profile and manage your listing. MultiBank Group has a rating of 2.7 stars from 24 reviews, indicating that most customers are generally dissatisfied with their purchases.

It features a combination of commission-free trading and floating spreads starting from 0.8 pips, with a minimum deposit requirement of $1000. I concluded that the Standard account with a $50 minimum deposit requirement is the most affordable. Accounts can be opened in EUR, USD, GBP, CHF, AUD, NZD, or CAD. Swap-free trading is available via Multibank’s Islamic Accounts. My biggest issue was setting up a demo account due to the broker’s KYC policy.

Multibank also offers a cashback program where traders reap bigger benefits the more they trade. The terms and conditions of the offers are available here. Please note that while the broker does not charge a handling fee for deposits or withdrawals, third-party banking fees may apply, subject to the chosen payment method. One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative. Multibank stands out with its impressive range of more than 20,000 tradable instruments.

For this reason, staying abreast of the latest market developments is crucial, a task made simpler through the mobile app version of MT5. MT5 is a good option for fast and simple order execution. On the other hand, its dated and rugged design falls short compared to newer, sleeker platforms. As a trader who prioritizes flexible chart scaling, I find MT5’s charting capability too rigid and less effective.

• Their advanced trading tools, such as the MT4 platform, have enhanced my trading strategies.
• Edward’s dedication and expertise have undoubtedly made my experience with MultibankFX truly exceptional.
• MultiBank has over twenty-five global locations, and it is one of the largest, most-regulated derivatives companies in the world.
• (I’m happy to help anyone who needs help setting up and running EAs).

Customer service is spot on and their platform is very friendly to a newbie like me. Multibank overall makes me feel secured with my funds/ investment. I consider Multibank an appealing option for beginners and day traders seeking a wealth of educational resources and trading limefx scammers opportunities. The videos introduce beginners to price trends and how to spot them, trade them, apply risk management, and discern market noise from real price movements. I like that after covering each topic, you can practice what you have learned by taking a quiz.