MultiBank Broker Review

Editor Editor:  Chris Cammack Updated: May 10, 2023
Author Author:  Jeffrey Cammack

Last Updated On May 10, 2023

Jeffrey Cammack
Broker Score
4.33 4.33 / 5
Rated #27 of 49 Recommended Brokers
🏦  Min. DepositUSD 50
🛡️  Regulated By
💵  Trading Cost 
USD 15
⚖️  Max. Leverage500:1
💹  Copy Trading
🖥️  Platforms
💱  Instruments 
AlertMost retail CFD accounts lose money. Your capital is at risk.

Last Updated On May 10, 2023

Jeffrey Cammack

75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. We may receive compensation when you click on links to products we review. Please read our advertising disclosure. By using this website, you agree to our Terms of Service.

Our verdict on MultiBank

🏦  Min. DepositUSD 50
🛡️  Regulated By
💵  Trading Cost 
USD 15
⚖️  Max. Leverage500:1
💹  Copy Trading
🖥️  Platforms
💱  Instruments 

Overall Summary

Trust Rating
111115/ 5
Trading Conditions
111104/ 5
Trading Platforms
11110.54.5/ 5
Deposit & Withdrawal
11110.54.5/ 5
Education & Research
111003/ 5
Assets Available
11110.54.5/ 5
Customer Service
11110.54.5/ 5
Beginner Friendly
Excellent
Welcome Bonus

Account Information

Base Currencies
USD, EUR, GBP, AUD, CAD
Number of FX Pairs
50
Crypto Pairs
11
Copy Trading
Hedging Allowed
Scalping Allowed
Islamic Account

Trading Conditions

Account Name
Multibank Pro
Trading Desk
Commission
3 USD / lot
EUR/USD
0.80 pips
GBP/USD
1.10 pips
USD/JPY
1.00 pips
Negative Balance Protection

Company Details

Company Name
MEX Group Worldwide Limited
Founded
2005
Website Language
English, Arabic, Thai, Portuguese, Vietnamese, Malay, Spanish
Support Language
English
Office Locations
China, and 24 more locations

Pros

  • Great platform choice
  • Tight spreads

Cons

  • Extreme leverage
  • High commission

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AlertMost retail CFD accounts lose money. Your capital is at risk.
Visit Broker
Broker Score
4.33 4.33  / 5
Rated #27 of 49 Recommended Brokers
Site Icon Data provided by FX Scouts Kenya

MultiBank Financial Regulation

Regulator License
Regulator License

MultiBank Trading Cost Comparison

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