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Multibankfx Review: Is Multibankfx Legit Or Scam? Find Out From This Review

Details

Broker Multibankfx
Website URL https://multibankfx.com
Founded 2005
Headquarters Limited. 169 Electric Road
Support Number Worldwide
Support Types Livechat, email and phone calls
Languages Multilingual
Trading Platform ECN PRO Platform, Multi Bank PRO Maximus and mt4
Minimum 1st Deposit $50
Minimum Trade Amount $0.01
Bonus $100
Leverage 1:500
Spread Variable
Free Demo Account Yes
Regulated Yes
Account Types Real Account, Demo, Islamic Account,
Deposit Methods bank transfer, Visa card/Mastercard, neteller, skrill, perfect money, payment assia, poli, bitcoin, global pay etc.
Withdrawal Methods bank transfer, Visa card/Mastercard, neteller, skrill, perfect money, payment assia, poli, bitcoin, global pay etc.
Number of Assets 45+
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 7

Pros

  • Regulated broker, low minimum deposit of $50, customer support, bonus, segregated account for client funds

MultibBankfx Review: Is multibankfx legit or scam, Who Can trade with multibankfx platform? Well in this review we will know the truth and if we are to trade with them or not.

Multibankfx

Multibankfx is a forex broker that was founded in 2005 by group of experts. The platform is best for day traders, beginners and advanced traders. The group is highly regulated and licensed by atleast 11 regulatory agencies. And it add more trust to the platform; More-so it gives traders more assurances. Clients fund are managed in a segregated account. It’s an additional guarantee that their fund are safe and secure. The regulatory agencies that watch the affia of multibankfx are ASIC, FSC, DFSA, CNMV, FMA, BaFin CIMA. etc. Therefore why multibankfx is a cutting edge for financial markets is because they offer features that is beyond customer service.

MultiBank Group is a registered trade name of MEX Group Worldwide Limited. 169 Electric Road, North Point, Hong Kong. MultiBank Exchange is the trading name of MultiBank Forex Exchange Corporation incorporated in California, USA with Company No. 3918038. MultiBankFX is the trading name of MultiBank FX International Corporation (BVI) Company No. 1377324. If you want to start trading with the broker, you have nothing to fear. However we encourage you to open account with them. Trade Binary with Raceoption.

Multibankfx Review Platform

Multibankfx platform

Multibankfx broker offer a competitive trading platform with demo account. Therefore you can trade in a fair background and enjoy low spread. The platform offered are ECN PRO Platform, Multi Bank PRO Maximus and mt4. However this account have features that suit investors which will show here.

MultBank ECN PRO

Access to the most liquid market in the world
24 hours instant and stable nano-second execution
Leverage up to 500:1
Over 45 forex pairs available
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
Companies licensed and regulated by ASIC, BaFin, FMA, CNMV, FSC, and CIMA
Automatic Trading Desk wherein all trades go through ECN to the market, eliminating any conflict of interest
Complete transparency of market with only the best bid/offers being displayed
Award-winning MT4 platforms recognized for excellence in technology and liquidity

MultiBank PRO Platform

Access to the most liquid market in the world
24 hours instant and stable nano-second execution
Leverage up to 500:1
Over 45 forex pairs available
Up to 5 levels of Market Depth
No restrictions on EA
Negative balance protection

Maximus

Access to the most liquid market in the world
24 hours instant and stable nano-second execution on Multibankfx broker.
Leverage up to 500:1
Over 45 forex pairs available
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
Companies licensed and regulated by ASIC, BaFin, FMA, CNMV, FSC, and CIMA
Automatic Trading Desk wherein all trades go through ECN to the market, eliminating any conflict of interest
Complete transparency of market with only the best bid/offers being displayed
Award-winning MT4 platforms recognized for excellence in technology and liquidity

Multibankfx MT4 PLATFORM

Execution Type: Market Order
Tradable products: Forex, Metals, Shares, Indices, Commodities, Cryptocurrencies
Expert Advisor: Enabled
Leverage: up to 500:1
Stop Out Level: 50%
One-click Trading: Available
VPS Hosting: Available
Maximum Lots per Click: 30 for FX; 10 for Metals; 5 for Shares, Indices, Commodities & Cryptocurrencies
Minimum Lots per Click: 0.01 for FX & Metals; 0.1 for Shares, Indices, Commodities & Cryptocurrencies.

Read finmax binary review

Account types And Minimum Deposit

Multibankfx account types

 

Multibank fx offer different trading account which gives you opportunities to choose from many. This account are Live Account, Demo Account, Islamic Account..

LIVE ACCOUNT

Quick and easy account opening
Tightest spreads on award-winning platforms
Minimum $50 to open live account
Attractive account opening bonuses
Negative balance protection
Leverage up to 500:1

DEMO ACCOUNT
Open a free demo account in 3 easy steps
Practice trading on a free account with zero risks
$100,000 virtual opening balance
Trade on real market conditions
Trade on desktop, mobile device or online

ISLAMIC ACCOUNT
No interest/ swap charges on overnight positions
No limits on durations of positions held

Tradind Tools

Multibankfx broker offer all the necessary trading tools. This includes VPS hosting, Experts Advisors, MAM/PAMM and Fix API. With this you get ahead of other traders.

Multibank fx Customer Support

The broker is an award winner of best forex brokers 2020 plus other awards. However the support service they offer is exclusively best for all user. You can get the customer support service agent 24/6. There’s livechat, phone and email, support with multilingual professionals. More-so you get them via zoom or Microsoft teams.

Multibankfx Payment methods

 

Multibankfx

MultiBank Group offers a wide selection of instant, simple and secure payment options for deposits and withdrawals. The minimum deposit is as low as $50, with wide range of currency. However multibank fx offer bank transfer, Visa card/Mastercard, neteller, skrill, perfect money, payment assia, poli, bitcoin, global pay etc. There’s no fee for this deposit. Read binarium review.

Multibankfx Review Conclusion

Finally will conclude our multibankfx review by telling you to start trading with them. The platform they offer is good and reliable. It’s best for beginners and advanced traders. There’s a customer support and demo to start with. More-so you get access to all their educational resources and guides. But if you wish to start trading with other brokers we recommend,We will be happy.

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