MultiBank Group Journal
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MultiBank Group Profile
Website
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
| Update broker |
- 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
- 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.
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
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