The MultiBank Group is an international broker for active trading and passive investing. It’s best to trade in conditions in which it’s easier to make money. It offers a wide range of financial instruments, including shares, indices, currencies, commodities, securities, and financial derivatives. Our priority is to provide sound and stable services with high profitability.
MultiBank Group, the leading provider of financial services for institutional and private investors, announces the launch of its new product – MultiBank Trader (MBT) for active trading. MBT is an exclusive program for professional traders, who use MetaTrader 4 (MT4) trading platform.
Trading inclemency is among the biggest drawbacks, “hewing away” most novice traders. It is a typical experience for the beginner to see his/her account dwindle, as a result of inclemency, in a matter of days. Many brokers try to make their inclemency look as transparent as possible, but it doesn’t take a pro to realize that inclemency is a significant drawback.
MultiBank, a company that offers brokerage services, has been in operation since 2005. Six international regulators license it: Austrian FMA, Spanish CNMV, Australian ASIC, German BaFin, BVI FSC, and Cayman CIMA. In 2019, MultiBank Group received a “Best Broker” award from the Jordan Forex Expo & Awards.
A spread from 1.4 pips to 2.2-2.5 pips is being offered to people who have a trading account of at least $50 deposited. For the lowest spread, replenish the deposit with 1-5 thousand dollars at once. If you want full information about its features then go to multibank review by Traders Union.
Is It Regulated?
MultiBank is a regulated financial institution. It has been subject to the following regulations: Spanish CNMV, BVI FSC, Australian ASIC, German BaFin, Cayman, and Austrian FMA
MultiBank is a safe CFD and FX broker. This is in part due to the company’s affiliation with ASIC or the Australian Securities & Investment Commission. The MultiBank website was registered in 2005. It’s a good idea to start with a demo account to see if you like MultiBank’s trading platform.
Who Owns The Multibank Group?
Naser Taher is the CEO of the MultiBank Group. He has been involved in several strategic governmental projects in China, Russia, and Japan.
What Is Multi-Bank Reporting?
Multi-bank reporting is an option that some businesses have. It allows the business to see how its finances are doing on a central platform. A service that consolidates and reports your various accounts, such as credit cards and checking accounts, to give you a better sense of your overall financial picture.
Good Things With Multibank
- With professional ECN accounts, you can trade with faster execution and smaller bid/offer spreads.
- There are lots of platforms to choose from out there, including MetaTrader 4 and 5, some mobile applications, some web terminals for some OS.
- You can earn passive income in a variety of different ways. Some of them include copying trades, PAMM accounts, and an affiliate program.
Bad Things With Multibank
- The lack of micro accounts and the presence of trading restrictions significantly detract from the appeal of this platform.
- Deposits from 1000USD can be opened on accounts with a spread between 0.1-0.8 points.
- It can be tough to get a bank account if you have a record of never having had one.
- A 3% commission applies when withdrawing funds through an ECN platform. This information isn’t indicated on the website, you’ll have to contact support for details.
Conclusion
MultiBank is a regulated and legit broker. MultiBank operates under an extensive set of regulations including Spanish CNMV, BVI FSC, Australian ASIC, German BaFin, Cayman CIMA, and Austrian FMA. MultiBank is an innovative provider of foreign exchange brokerage services. The company’s founders share many years of experience in the field of financial technologies.
It is a trusted company that manages investment funds and guarantees for projects. It provides guarantees for trading and financing operations, and for the fulfillment of financial obligations of legal entities, individuals, and foreign legal entities.
MultiBank Group is a reliable business partner, which guarantees the fulfillment of all financial obligations of the legal entities and individuals. This bank guarantees transactions with securities, bonds, and bonds of other companies.