MultiBank Group Journal

Journal status:

live

MultiBank Group

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MultiBank Group Profile

Website

multibankfx.com

Year

2005

Country

BVI

Branches

19

Regulation

FSC BVI

Registration

FSC BVI, DFSA UAE

Investor protection

Fund protection

no

Publicly traded

no

Restricted in

Not serving

х

US

Broker type

STP, ECN marketing

Dealing book

A-book

Tier

3

Execution speed

20 ms

LPs total

67

LPs quality

Tier-1 Banks

LPs names

ABN AMRO, ADCB, ANZ, Abbey, Alfa Bank, BBVA, BCV, BHF Bank, BMO, BNP Paribas, Banco de Brasil, Bank of America, Bank of China, Bank of Ireland, Bank of Scotland, Barclays, Basler Kantonalbnk, Bawag PSK, Bayern LB, Berenberg, CIBC, Citibank, Citizens Bank, Commerzbank, Credit Agricole, Credit EuropeBank, Credit Suisse, DBS, DNB, DZ Bank, Danske Bank, Dexia Banque, Ecobank, Erste Bank, Fifth Third Bank, Fortis, GS, HSBC, HSH Nordbank, Handelsbanken, Helaba, ING, Intesa Sanpjpaolo, Investec, Itau, JPMorgan, LGT, MUFG, Merrill Lynch, Mizuho, Nedbank, Nomura, Nordea, OCBC Bank, Oberbank, PostFinance, Postbank, RBC, RBS, Rabobank, Raiffeisen Bank, SEB, Scotiabank, Societe Generale, UBS, Westpac

MultiBank Group

Accounts

ECN

Minimum

Deposit

5000 $

Leverage

500 : 1

Minimum

Lot

0.01 lots

EURUSD

spread

0.1 pips

Commission

6 $/lotRT

Volume

30 lots

Margin Call

100 %

Stop Out

50 %

Execution

Market

Spread

floating

Scalping

no

Deposit & Fees

Deposit methods

Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, GlobePay, Payment Asia, ThunderXpay

Base currency

USD, GBP, EUR, JPY, CHF, AUD, NZD, CAD

Segregated accounts

yes

Interest on margin

no

Inactivity fee

after 3 months

• Full listing profile:

  MultiBank Group broker profile

Is MultiBank Group safe?

• Investor protection: no
• Regulation: FSC BVI
• Registration: FSC BVI, DFSA UAE
• Publicly traded: no
• Segregated account: yes
• Guaranteed Stop Loss: no
• Negative Balance Protection: yes

Is MultiBank Group trusted?

• Information transparency: sufficient

  ★★★

• Customer service: prompt, helpful

  ★★★★★

• MultiBank Group website: semi-detailed, updated

  ★★★

• MultiBank Group popularity (by visitor count): top visited

  ★★★★★

How MultiBank Group works

MEX Prime is the institutional division of MultiBank Group.

In order to ensure the stability of the MultiBank platforms and products, we define “Scalping” as a method traders use where they open and close trades within 120 seconds trades. Scalping is not allowed for Individual Clients on all our trading platforms.

https://multibankfx.com/scalping-policy

– Up to 5 levels of Market Depth

– No restrictions on EA

– Guaranteed no price slippage, no requotes and no rejections

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

https://multibankfx.com/platforms/ecn-pro

Most OTC derivatives are off-exchange derivatives. This might be considered to involve greater
risk than an on-exchange derivative as there is no exchange market on which to close out an open
position – you are only able to open and close your positions with us.

2.1 PRINCIPAL
We will deal with you as principal and not as agent on your behalf. This means that any trades are
agreed directly between you and us and we will be the counterparty to all of your trades.

https://multibankfx.com/public_files/images/documents/pdf/account-forms/MultiBank-FX-International-Client-Agreement.pdf