Traders Union publishes the advantages and disadvantages of investing in Multibank Broker

Multibank Group is an STP as well as ECN broker based in Hong Kong that has be in use since 2005 in offering traders with more than enough opportunities to trade in numerous financial implement using powerful trading raised area.

Multibank offers comprehensive as well as competitive trading conditions with minimum deposits starting from $50, giving traders admittance to a variety of financial instruments.

Advantages of Multibank Exchange Group:-

1. Well synchronized by many authoritarian bodies
2. Social Trading obtainable
3. Competitive trading surroundings
4. Tight Spread
5. Short commission fee
6. MAM plus PAMM accounts offered
7. Gratis VPS to All Merchants
8. Demo account as well as Islamic account option offered

Disadvantage of Multibank Group:-

1. No US Consumers
2. Inactivity Fee of $60 on Inactive Accounts
3. Fixed multiply accounts not offered

What platforms are supported by MultiBank Exchange Group?

MultiBank Exchange Group proffers the following trendy trading platforms:

Maximus MT4

MultiBank for M T 4

ECN for MT4

Does MultiBank Exchange Group offer leverage?

Yes, MultiBank swap over cluster offers a maximum leverage of 1: 500

You cannot modify the influence levels.

What spreads can I expect with MultiBank Exchange Group?

MultiBank Exchange cluster offers variable spreads on it’s an assortment of accounts but there is little information on fees. If the details on the website are not complete, you can get more information from customer service.

Does MultiBank Exchange Group charge a commission?

Very little information about commissions can be obtained on the website, customers should contact customer service.

Is MultiBank Exchange Group regulated?

Yes, MultiBank Exchange Group is regulated by ASIC in Australia, BaFin in Germany, FMA in Austria, CNMV in Spain, FSC in the BVI, CIMA in the Caymans and RAK in the UAE.

Is MultiBank Exchange Group a recommended forex trading broker for experts and beginners?

MultiBank Exchange Group offers a fair trading environment for all types of traders.

What is the difference between a demo account and a real trading account?

Brokerage firms offer a demo account and it is financed with virtual money that allows a potential client to experiment with the company’s trading platforms and their functions, before setting up a real account financed with the client’s real money.

Does MultiBank Exchange Group offer a demo account?

Yes

Can I convert my demo account to a real trading account with MultiBank Exchange Group?

It is not clear from the information on the company’s home page.

What real trading accounts does MultiBank Exchange Group offer?

Real account

Demo account

Islamic account

What are the deposit currencies available for a real trading account?

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

DEPOSITS AND WITHDRAWALS

What is the minimum deposit for MultiBank Exchange Group?

Between $ 50 and $ 5,000 depending on the account you choose.

How do I make a deposit and withdrawal with MultiBank Exchange Group?

Multibank Exchange Group offers the following deposit and withdrawal methods:

Wire transfer

Credit / debit card

Skrill

Neteller

PayTrust

Perfect money

Help2pay

Ngang luong

Payment Asia