MultiBank

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    MultiBankFX Overview

    MultiBankFX is operated by MultiBank Group, was founded in 2005 at California, the USA with Company No. 3918038 and now headquartered in Hong Kong. MultiBankFX is a regulated (BaFin, ASIC, FSC, FMA, CNMV, CIMA, RAK) by many jurisdictions forex and CFD broker, they have multiple offices in Australia, Germany, Austria, Vietnam, Cyprus, the British Virgin Islands, Spain, UAE, China, and the Cayman Islands. They offer a lot of trading instruments including Forex currency pairs, cryptocurrencies, indices, individual stocks, commodities, and spot metals.

    The Multibank FX work as ECN/DMA broker and it offers 3 types of trading account to trade 5 distinct asset classes. All accounts are designed in three categories for novices, intermediate and advanced investors are made available for trading at a multi-regulated atmosphere.

    Broker Overview

    Website Visit Website
    Broker Type ECN/STP Forex Broker
    Demo Link Open Demo Account
    Founded 2005
    Country Hong Kong
    Headquarter Hong Kong
    Regulation (1) MEX Clearing (UAE)- regulated by RAK with license number IC/ 2993/10, (2) MEX Exchange (Australia)- regulated by ASIC with license number 416279, (3) MultiBank FX International (BVI)- regulated by FSC with license number SIBA/L/14/1068
    Int Offices Hong Kong
    Phone +44 20 3953 8381
    Fax +1 213 992 4748
    Email cs@multibankfx.com
    Website Lang English
    Accept Us Clients no
    Account Currencies USD, GBP, EUR, JPY, CHF, AUD, NZD, CAD
    Trading Platforms ECN Pro Platform, MultiBank Pro MT4 Platform, Maximus MT4 Platform, MT5 Platform, Web Trading, Mobile Platform
    Promotions 100% Forex Deposit Bonus and $5000 Imperial Deposit Bonus
    No Deposit Bonus No
    Welcome Bonus 100% Welcome Deposit Bonus and 20% Trading Bonus
    Commission Yes
    Withdraw Options Credit/Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer, etc.
    Account Funding Methods Credit/Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer, etc.
    Other Trading Instruments Yes
    Min Deposit 50
    Max Leverage 1:500
    Mobile Trading Yes
    Web Trading Yes
    News Trading Yes
    Type Of Spread Fixed and even Negative
    Minimum Spreads 0.1 pips
    Lowest Spread On Eur Usd 0.0 pips
    Precision Pricing 4 & 5 digits
    Free Demo Account Yes
    Mini Accounts Yes
    Islamic Accounts Yes
    VIP Accounts Yes
    Ecn Account Yes
    Swap Free Accounts Yes
    Segregated Accounts Yes
    Managed Account Yes
    Interest On Margin Yes
    Trading Contests Yes
    Hedging Yes
    Expert Advisors Yes
    One Click Execution Yes
    Oco Orders Yes
    Gold Silver Yes
    CFDs Yes

    Features

    Stable trading platform
    Multi award winning broker
    Commission free and tight spreads
    Trust and regulation

    As already mentioned, MultiBank FX has many jurisdictions regulation and they operate from several countries:

    MEX Spain
    MultiBank Vietnam
    MEX Clearing (UAE),
    MEX Prime (Cyprus)
    MEX Exchange (Australia)
    MEX Fintech (Hong Kong)
    Datong Financial Group (China)
    MEX Asset Management (Austria)
    MEX Asset Management (Germany)
    MultiBank FX International (BVI)
    MEX Wealth Management (Cayman Islands).

    The MultiBank brand operates as MEX Exchange in Australia, regulated by the ASIC (Australian Securities and Investments Commission) with the AFSL (Australian Financial Services License) under this 416279 number.

    MultiBank operates as MEX Asset Management, In Germany. They BaFIN (German Federal Financial Supervisory Authority) under this Registration number HRB 73406, also the brand operates in Austria under this license number 491129z.

    In the British Virgin Islands, MultiBank operates as MultiBank FX International Corporation, issued by the FSC (Financial Services Commission) under this certificate number SIBA/L/14/1068.

    Multi Bank operates as the MEX Asset Management GmbH In the Austria, and they regulated by the FMA (Financial Market Authority) under this license number 491129.

    MEX Wealth Management is regulated by the CIMA (Cayman Islands Monetary Authority).

    MEX Spain is regulated by the (CNMV) National Securities Market Commission.

    Trading Platforms

    The company offers a different platform that impacts several features:

    The pure ECN pro

    The platform offers the best spreads on the EUR/USD.
    Give access to the most liquid market
    24 hours instant and stable nano-second execution
    The maximum leverage up to 500:1
    Offer more than 45 forex pairs and No restrictions on EA
    Up to 5 levels of Market Depth
    Negative balance protection
    Guaranteed no price slippage, no requotes and no rejections
    Free VPS, MAM and PAMM accounts

    Automatic Trading Desk wherein all trades go through ECN to the market, eliminating any conflict of interest

    Complete transparency of the market with only the best bid/offers being displayed

    Multibank Pro

    Actually, the multibank pro is the MT4 trading platform, this trading platform features is same as ECN pro platform. This account EUR/USD average spread is 0.7.

    Maximus Platform

    These account features are same as others account but EUR/USD average spread is 1.4 pips.

    Trading Instruments

    Multibank FX offers a lot of trading of instruments:

    Currencies: EUR/USD, GBP/USD, USD/CAD, AUD/USD, NZD/USD, USD/ CHF, USD/JPY, GBP/AUD, GBP/CAD, GBP/JPY, EUR/GBP, GBP/CHF, GBP/NZD EUR/JPY, EUR/CHF, AUD/JPY, AUD/CHF, EUR/AUD, AUD/CAD, CAD/JPY, CAD/CHF, NZD/JPY, CHF/JPY, AUD/NZD, NZD/CAD, NZD/CHF, and EUR/NZD.

    Commodities: Multibank FX offers US and UK Crude, Copper futures and Natural Gas futures.

    Indices: US SPX 500 index, UK 100 index, US Tech 100 index, German DAX, US Wall Street 30, HK Hang Seng 50, GER30 and more.

    Metals: XAUUSD, and XAGUSD.

    Shares CFDs: Apple, Adidas, AstraZeneca, Alibaba, Bank of Americ, Barclays, Baidu, UK/US Tobacco, BHP Billiton, eBay CFD Facebook, Alphabet, HSBC Holdings, IBM, Johnson & Johnson, JP Morgan Chase, Coca-Cola, Mc Donalds, Lloyds Bank, Microsoft, BP and BT and more. .

    Cryptocurrency: Bitcoin spot, ethereum spot, litecoin, and ripple spot.

    Account Types

    MultiBank offers 3 different type’s account. The ECN account spreads beginning from 0.1 pips under run of the mill economic situations, just as commission. As its name suggests, it is an ECN type and MT4 trading platform

    The MultiBank Pro account spreads beginning from 0.8 pips under run of the mill economic situations, without commission.

    The MultiBank Maximus account spreads beginning from 1.4 pips under run of the mill economic situations, without commission. This account is available through Metatrader 4 platform and an STP process. The maximum leverage is up to 500:1.

    Also, the company offers a demo and Islamic account.

    Deposit and withdrawal methods

    MultiBank offers a good number of easy and safe common methods.

    Bank Wire, Visa, Master Card, Skrill, Neteller, Paytrust: all these account base currencies are USD, GBP, EUR, JPY, CHF, AUD, NZD, CAD, all process is may take up to 24 hours.

    Perfect money: this account base currency is USD and EUR.

    Help2pay: MYR, THB, IDR, VND currencies are available for this account.

    In withdrawals, you can use all deposit method without perfect money and Help2pay but you can use NgânLượng.vn this account.

    Awards and recognition

    As a forex and CFD broker Multibank FX got many awards:

    Best FX forex and CFD broker EU and Asia 2019
    Best forex trading platform 2011
    Best ECN broker Asia 2012
    RTB China awards 2012
    Best forex broker Asia 2013
    Most powerful technical research & development tool 2013
    Broker of the year 2013 and more.

    Customer Support

    MultiBank provides multilingual customer service 24 hours a day and 5 days a week.

    Live chat: it’s a fast and very easy wat to get in touch with multibank. They offer First Class Multilingual Customer Service 24 hours.

    Phone: Multibank has more than 40 global customer service numbers, including US: +1 213 992 4748, UK: +44 20 3953 8381, Spain: +34 931220671, Italy: +39 0230578823, Malaysia: +60 0362074715, Philippines: +63 022711861, Australia: +61 2 9195 4000, UAE (toll free): +800 017 8167 and more.

    Email support: cs@multibankfx.com

    Callback request: You get a call back from multibank, by submitting a call back request form on their website.

    Video conference: You can talk via video call by submitting Name, email, Phone, and Country on request a video conference form on their website.

    Social media support: Multi Bank provide support through social media. You will find on:

    Facebook: https://www.facebook.com/multibank.official

    Twitter: https://twitter.com/multibankgroup

    LinkedIn: https://www.linkedin.com/company/multibankgroup/