MultiBank Group was established in California, USA, in 2005 and currently operates from more than 25 offices worldwide. Combining prime liquidity, cutting edge technology and first-class customer service, MultiBank Group delivers advanced trading platforms and tight pricing in online financial products, including Forex, Metals, Shares, Commodities, Indices and Cryptocurrencies. MultiBank Group boasts a daily trading volume in excess of $7.2 billion and provides services to over 320,000 clients across 90 countries worldwide.
MultiBank Group Review
- Broker Name : MultiBank Group
- Broker Type : ECN
- Operating since year : 2005
- Country : Hong Kong
- Regulation : ASIC, BAFIN, CNMV, FMA, TFG, HKCE, AUSTRAC, VFSC, CIMA
- Trading Platform : MT4, MT5, Web Trader, Mobile app
- Payment options : Wire Transfer, Credit card, Debit card, Neteller, Skrill, Union Pay, PayTrust, SEPA, Bitcoin, AwePay, GlobePay, Thunder X Pay, Poli Payment
- Minimum account size : $50
- Account types : (ECN: min deposit $5,000, PRO: min deposit $1,000, STANDARD: min deposit $50, MEX SPORTS $50)
- Minimum lot size : 0.01 lots
- Leverage : up to 1:500
- Spreads : Variable
- Islamic account : Available
- Swap-Free accounts : Available
- Languages : English, Russian, Arabic, Spanish, Vietnamese, French, Indonesian, Chinese
- Other trading instruments : Forex, Metals, Shares, Indices, Commodities, Cryptocurrencies, CFDs
- Forex pairs offered : 55+
- Scalping allowed : Not Allowed
MultiBank Group Regulations
MultiBank Group comprises a number of companies which are heavily regulated worldwide by ASIC, BAFIN, CNMV, FMA, TFG, HKCE, AUSTRAC, VFSC, CIMA.
| Regulators | Country | Company |
|---|---|---|
 ASIC (AFSL no. 416279) | Australia | MEX Australia Pty Ltd (MEX Exchange) |
 BaFin (HRB 73406) | Germany | MEX Asset Management GmbH |
 CNMV (License no. 120) | Spain | MEX Asset Management GbmH-Spain |
 FMA (License no. 491129z) | Austria | MEX Asset Management GbmH-Austria |
 HKCE (License no. 18-11-02612) | Hong Kong | Red Rock Pay Ltd |
| AUSTRAC (Reg. no. 100724469) | Australia | MEX Digital Pty Ltd |
 TFG (Reg. no. 1200004001211019) | China | Ikon Financial Service Corporation Ltd |
 CIMA (License no. 1811316) | Cayman Islands | MEX Atlantic Corporation |
 VFSC (License no. 700443) | Vanuatu | MEX Pacific (V) Ltd |
ASIC
MEX Australia Pty Ltd (MEX Exchange) is authorised and regulated by the Australian Securities & Investments Commission (“ASIC”) with AFSL number 416279. MEX Exchange is a registered business name of MEX Australia Pty Ltd.
BaFin
MEX Asset Management GmbH is authorised and regulated by the German Federal Financial Supervisory Authority (“BaFin”) with license number HRB 73406.
CNMV
MEX Asset Management GmbH-Spain branch is authorised and regulated by the National Securities Market Commission (“CNMV”) with license number 120.
FMA
MEX Asset Management GmbH-Austria branch is authorised and regulated by the Financial Markets Authority (“FMA”) with license number 491129z.
HKCS
Red Rock Pay Ltd is authorised and regulated by Hong Kong Customs and Excise (“HKCE”) Department under license number 18-11-02612.
AUSTRAC
MEX Digital Pty Ltd is licensed by ASIC as a Corporate Authorised Representative (AFS Representative Number 001285048) of Mex Australia Pty Ltd (AFSL 416279) and is registered as a Digital Currency Exchange with AUSTRAC with Registration No. 100724469.
TFG
Ikon Financial Services Corporation Ltd is regulated by the Tianjin Financial Government (“TFG”) under the registration number 120000400121019.
CIMA
MEX Atlantic Corporation is authorised and regulated by the Cayman Islands Monetary Authority (“CIMA”) with license number 1811316
VFSC
MEX Pacific (V) Ltd is authorised and regulated by the Vanuatu Financial Services Commission (“VFSC”) with license number 700443.
MultiBank Group Trading Accounts
The MultiBank Group have several account options to suit a variety of needs. It is easy to open a live account and the broker offers negative balance protection and attractive leverage and bonuses across the board.
ECN ACCOUNT
- Minimum deposit of $5,000
- Spreads from 0.0 pips
- Leverage up to 500:1
- Social Trading
- 24/7 support
- Multilingual customer service
PRO ACCOUNT
- Minimum deposit of $1,000
- Spreads from 0.8 pips
- Leverage up to 500:1
- Social Trading
- 24/7 support
- Multilingual customer service
STANDARD ACCOUNT
- Minimum deposit of $50
- Spreads from 1.5 pips
- Leverage up to 500:1
- Social Trading
- 24/7 support
- Multilingual customer service
Advantage
- Access to the most liquid market in the world
- 24 hours instant and stable nano-second execution
- Leverage up to 500:1
- Tightest spread from 0 pips on all major currencies and metals
- Up to 5 levels of Market Depth
- No restrictions on EA
- 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
MultiBank Group Bonus Promotions
20% Deposit Bonus
Earn a deposit bonus up to $40,000 on top of your investment and redeem this bonus for real cash rewards subject to the trading. This losable bonus can be withdrawn at a rate of $200 for every 80 lots traded.
$5000 Imperial Bonus
New clients can earn up to $5,000 Imperial bonus on their first-time deposits. The Imperial Bonus is losable and available to be used within 3 months of account opening. This bonus is applicable to initial first-time deposits.
$3500 Loyalty Bonus
Long-term clients can earn up to $3,500 loyalty bonus. The Loyalty Bonus is losable and available to be used within 3 months. Trades opened and closed in less than 60 seconds and CFD trades do not count towards the lots target
Refer a Friend Bonus
Spread the word and earn up to $400 for every referral you make. Lots RT Target must be reached by friend within 3 months of friend’s initial deposit to qualify for this Refer a Friend Bonus. The minimum deposit by friend is $1,000
Cashback Program
Created exclusively for you, MultiBank Group rewarding $20000 Cashback Program is your best bet to make extra profits on your trades. The higher your trade volume in Forex and Metals, the more cashback you earn.
MultiBank Group Trading Platforms
MultiBank Group offers the industry-favourite MetaTrader 4 and MetaTrader 5 platforms. Both can be installed via the download center on the group’s website. Alternatively, the broker’s web trader solution enables investing from any browser and operating system.
MT4 Platform
MetaTrader 4 (MT4) is the classic version of the world’s most popular trading platform. It has become the preferred platform by millions of the traders because of its great features.
MT5 Platform
MetaTrader 5 (MT5) trading platform meet the growing demands of brokers and traders. MT5 Platform offers all the various features provided by the MT4 platform, and in addition provides additional features such as improved trading functionalities and enhanced scripting tools for custom indicators and expert advisors.
Social Trading Platform
The social copy trading platform allows investors to follow professional traders and copy their trades. When the professional trader executes a position, investors will have this position copied into their accounts.
MultiBank Web Trader
Trade on our web platform optimized with high performance and speedy execution. MultiBank Web Trader allow you to trade our full suite of products from any browser and operating system with the click of a button. Access your account and start trading now.
MultiBank Mobile App
MultiBank Mobile is an easy, quick, and on-the-go trading app that brings you the largest global financial markets right at your fingertips. It provides you easy access to your trading account through your mobile device and helps you manage your account and take advantage of any trading opportunity from anywhere.
- Deposit and withdraw funds
- Update your information
- Change your password
- Search a wide selection of financial products
- Customize your favorites list
- Even sign up for a new account
Tradable Instruments
MultiBank Group offers over 20,000 products across six classes assets including Forex, Indexes, Shares, Commodities, Cryptocurrencies.
Cryptocurrencies : Bitcoin, Etherium, Litecoin, Ripple and Bitcoin Cash.
- Metals such as gold and silver
- Forex including majors and minors
- Cryptocurrencies such as Bitcoin and Litecoin
- Shares on major global companies and indexes
- Commodities including oil and wheat
MultiBank Group Funding
Depositing funds into a MultiBank Group account is an easy and secure process. Funding can be done using a wide range of methods, including Wire Transfer, Credit card, Debit card, Neteller, Skrill, Union Pay, PayTrust, SEPA, Bitcoin, AwePay, GlobePay, Thunder X Pay, Poli Payment. Withdrawals can be made over the website. MultiBank Group does not impose any minimums requirements on deposits or withdrawals, but the channels themselves may do so.
Contacts
MEX Group Worldwide Limited. 200 Gloucester Road, Wan Chai, Hong Kong.
MultiBank Group maintains over 25 offices worldwide, including MEX Fintech (Hong Kong), MEX Exchange (Australia), MEX Asset Management (Germany), MEX Asset Management (Austria), MEX Spain, MultiBank Forex Exchange (USA), MultiBank LATAM (Mexico), MEX Group (China), MultiBank Vietnam, MultiBank Philippines, MultiBank Malaysia, MEX Australia Pty Ltd-DIFC Branch (UAE), MultiBank MENA (UAE), MEX Clearing (UAE), MultiBank Kuwait, MEX Prime (Cyprus), MEX Financial Technologies (Turkey), MultiBank FX International (BVI), MBG (BVI) and MEX Wealth Management (Cayman Islands).
- Customer Support: cs@multibankfx.com
- Global Customer Service: +1 833-542-7841
Review
MultiBank Group was established in California, USA, in 2005. Since then, MultiBank Group have evolved into one of the largest financial derivatives companies worldwide, with a current paid-up capital of over $322 million.
FAQ
Is MultiBank Group Regulated?
u003ca aria-label=u0022 (opens in a new tab)u0022 class=u0022rank-math-linku0022 href=u0022https://multibankfx.com/?SFID=7012u000000YFVPu0026amp;utm_source=forexdailyinfo.comu0026amp;utm_medium=referralu0026amp;utm_campaign=DB_forexdailyinfo.com_home-page_Display_Adsu0022 target=u0022_blanku0022 rel=u0022noreferrer noopeneru0022u003eu003cuu003eMultiBank Groupu003c/uu003eu003c/au003e comprises a number of companies which are heavily u003ca aria-label=u0022 (opens in a new tab)u0022 class=u0022rank-math-linku0022 href=u0022https://multibankfx.com/about/regulations?SFID=7012u000000YFVPu0026amp;utm_source=forexdailyinfo.comu0026amp;utm_medium=referralu0026amp;utm_campaign=DB_forexdailyinfo.com_Regulations_Display_Adsu0022 target=u0022_blanku0022 rel=u0022noreferrer noopeneru0022u003eu003cuu003eregulated worldwideu003c/uu003eu003c/au003e by ASIC, BAFIN, CNMV, FMA, TFG, HKCE, AUSTRAC, VFSC, CIMA.
Where Is MultiBank Group located?
u003ca href=u0022https://multibankfx.com/account?SFID=7012u000000YFVPu0026amp;utm_source=forexdailyinfo.comu0026amp;utm_medium=referralu0026amp;utm_campaign=DB_forexdailyinfo.com_Accounts_Display_Adsu0022u003eu003cuu003eMultiBank Groupu003c/uu003eu003c/au003e was established in California, USA in 2005 with it’s current headquarters in Hong Kong.
What Trading Platforms Does MultiBankFX Use
MultiBank FX work with MetaQuotes to provide MT4 and MT5 trading platforms. Both are also available as downloadable mobile apps.
Does MultiBank Group Offer Demo Account?
MultiBank FX offers a demo account with a $100,000 virtual opening balance and simulated real-time trading. Head to the broker’s website to sign up for the practice account
Minimum Deposit In MultiBank Group
MultiBank FX minimum deposits are low, starting from just $50 on their Standard Account.
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