MultiBank
MultiBank Broker Overview
Here is every key fact about MultiBank in one table — regulation, contact details, deposit rules, leverage, spreads, platforms and account features.
| Feature | MultiBank |
|---|---|
| Broker name | MultiBank |
| Foundation year | 2005 |
| Headquarters | Hong Kong |
| Country | Hong Kong |
| Telephone | +44 20 3953 8381 |
| Email / Skype | cs@multibankfx.com |
| Fax | +1 213 992 4748 |
| Regulated by | (1) MEX Clearing (UAE)- regulated by RAK with license number IC/ 2993/10, (2) MEX Exchange (Australia)- regulated by ASIC with license number 416279, (3) MultiBank FX International (BVI)- regulated by FSC with license number SIBA/L/14/1068 |
| Type of broker | STP/ECN |
| Min. deposit | $50 |
| Max leverage | 1:500 |
| Min. spreads | 0.1 pips |
| Funding methods | Credit/Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer, etc. |
| Withdrawal methods | Credit/Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer, etc. |
| Base currencies | USD, GBP, EUR, JPY, CHF, AUD, NZD, CAD |
| Languages | English |
| Trading platforms | ECN Pro Platform, MultiBank Pro MT4 Platform, Maximus MT4 Platform, MT5 Platform, Web Trading, Mobile Platform |
| Tradable instruments | Forex Currencies, Cryptocurrency, Commodities, Indices, Stocks, Bonds, Futures |
| Web trading | ✓ Yes |
| Mobile trading | ✓ Yes |
| News trading | ✓ Yes |
| Hedging & scalping | ✓ Yes |
| Free demo account | ✓ Yes |
| Mini accounts | ✓ Yes |
| VIP accounts | ✓ Yes |
| Managed accounts | ✓ Yes |
| Segregated accounts | ✓ Yes |
| Islamic accounts | ✓ Yes |
| Swap free accounts | ✓ Yes |
| No deposit bonus | ✗ No |
| Promotion | 100% Deposit Bonus |
In simple words: traders get ECN Pro Platform and MultiBank Pro MT4 Platform, spreads from 0.1 pips, leverage up to 1:500 and a $50 minimum deposit. New clients can also check the current 100% Deposit Bonus. Tradable markets include Forex Currencies, Cryptocurrency, Commodities, Indices, Stocks, Bonds, Futures.
Is MultiBank Safe? Regulation and Company Details
MultiBank is a regulated broker. (1) MEX Clearing (UAE)- regulated by RAK with license number IC/ 2993/10, (2) MEX Exchange (Australia)- regulated by ASIC with license number 416279, (3) MultiBank FX International (BVI)- regulated by FSC with license number SIBA/L/14/1068. The broker says client money is kept in segregated accounts, separate from company funds.
Regulation
(1) MEX Clearing (UAE)- regulated by RAK with license number IC/ 2993/10, (2) MEX Exchange (Australia)- regulated by ASIC with license number 416279, (3) MultiBank FX International (BVI)- regulated by FSC with license number SIBA/L/14/1068
Head office
Hong Kong (Hong Kong)
Client funds
Client money is held in segregated accounts, apart from company funds.
Track record
In business since 2005. Support is reachable by phone and email.
Tip: Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 1:500.
MultiBank Trading Conditions
Spreads and commissions
MultiBank spreads start from 0.1 pips. Raw-spread style accounts usually charge a small commission per lot, while commission-free accounts have wider spreads. If you trade often or scalp, the raw option is usually cheaper.
Leverage
Maximum leverage reaches 1:500, depending on the account type and the instrument you trade. High leverage lets you open bigger positions with less margin, but losses grow just as fast.
Trading platforms
ECN Pro Platform
Desktop platform
MultiBank Pro MT4 Platform
Desktop platform
Maximus MT4 Platform
Desktop platform
MT5 Platform
Desktop platform
Web Trading
Web platform
Mobile Platform
Mobile platform
Trading styles allowed
Hedging, scalping and news trading are allowed — good news for short-term traders. Web and mobile trading are available.
MultiBank Account Types
MultiBank offers several account options so both beginners and experienced traders can find a fit. Live accounts start from a $50 deposit.
Free demo account
Practise with virtual money and test strategies risk-free.
Mini accounts
Smaller trade sizes and a low entry cost for beginners.
VIP accounts
Tighter pricing and priority service for larger balances.
Managed accounts
Let a strategy provider or money manager trade for you.
Segregated accounts
Client funds are kept apart from company money.
Islamic / swap-free
No overnight swap charges, in line with Sharia principles.
You can open accounts in these base currencies: USD, GBP, EUR, JPY, CHF, AUD, NZD, CAD. Choosing the currency you spend in helps you avoid conversion fees.
Deposits and Withdrawals at MultiBank
MultiBank supports the same methods for funding and withdrawals. Withdrawals normally go back to the method you used to deposit.
E-wallets are usually the fastest. Bank wires take longer and your bank may charge a fee. Finish identity verification (KYC) early so your first withdrawal is not delayed.
MultiBank Bonus and Promotions
Bonuses are a big reason traders search for MultiBank. Availability depends on your country and the account type.
- 100% Deposit Bonus — the current promotion for MultiBank clients. Check the volume rules before you claim it.
- Yes — welcome offer for new accounts.
How bonus credit really works
- Bonus credit is used as margin; it usually cannot be withdrawn directly.
- Profits made with the bonus are yours, but a minimum trading volume often applies first.
- Withdrawing money early can remove part or all of the bonus.
- Bonuses are not offered in every country or on every account type.
Bonus terms change often. Always read the latest rules on the official MultiBank website before accepting any offer.
MultiBank Pros and Cons
Pros
- Regulated: (1) MEX Clearing (UAE)- regulated by RAK with license numbe...
- 100% Deposit Bonus
- Low $50 minimum deposit
- Spreads from 0.1 pips, STP/ECN execution
- ECN Pro Platform and MultiBank Pro MT4 Platform and more platforms
- Hedging and scalping allowed
- Islamic, mini, VIP and managed accounts
Cons
- No no-deposit bonus
- Bonus comes with trading-volume rules
How to Open a MultiBank Account
- RegisterFill in your name, email, country and phone number on the MultiBank sign-up page.
- Verify your identityUpload a photo ID and a proof of address (utility bill or bank statement).
- Choose an accountPick the account type, base currency, leverage and platform (ECN Pro Platform / MultiBank Pro MT4 Platform).
- Fund and tradeDeposit from $50 with your preferred method, claim any eligible bonus, then log in and start trading.
About MultiBank
MultiBankFX Overview
MultiBankFX is operated by MultiBank Group, was founded in 2005 at California, the USA with Company No. 3918038 and now headquartered in Hong Kong. MultiBankFX is a regulated (BaFin, ASIC, FSC, FMA, CNMV, CIMA, RAK) by many jurisdictions forex and CFD broker, they have multiple offices in Australia, Germany, Austria, Vietnam, Cyprus, the British Virgin Islands, Spain, UAE, China, and the Cayman Islands. They offer a lot of trading instruments including Forex currency pairs, cryptocurrencies, indices, individual stocks, commodities, and spot metals.
The Multibank FX work as ECN/DMA broker and it offers 3 types of trading account to trade 5 distinct asset classes. All accounts are designed in three categories for novices, intermediate and advanced investors are made available for trading at a multi-regulated atmosphere.
Features
- Stable trading platform
- Multi award winning broker
- Commission free and tight spreads
- Trust and regulation
As already mentioned, MultiBank FX has many jurisdictions regulation and they operate from several countries:
- MEX Spain
- MultiBank Vietnam
- MEX Clearing (UAE),
- MEX Prime (Cyprus)
- MEX Exchange (Australia)
- MEX Fintech (Hong Kong)
- Datong Financial Group (China)
- MEX Asset Management (Austria)
- MEX Asset Management (Germany)
- MultiBank FX International (BVI)
- MEX Wealth Management (Cayman Islands).
The MultiBank brand operates as MEX Exchange in Australia, regulated by the ASIC (Australian Securities and Investments Commission) with the AFSL (Australian Financial Services License) under this 416279 number.
In Germany, MultiBank operates as MEX Asset Management by the BaFIN (German Federal Financial Supervisory Authority) under this Registration number HRB 73406, also the brand operates in Austria under this license number 491129z.
In the British Virgin Islands, MultiBank operates as MultiBank FX International Corporation, issued by the FSC (Financial Services Commission) under this certificate number SIBA/L/14/1068.
In the Austria, Multi Bank operates as MEX Asset Management GmbH regulated by the FMA (Financial Market Authority) under this license number 491129.
MEX Wealth Management is regulated by the CIMA (Cayman Islands Monetary Authority).
MEX Spain is regulated by the (CNMV) National Securities Market Commission.
Trading Platforms
The company offers a different platform that impacts several features:
The pure ECN pro
- The platform offers the best spreads on the EUR/USD.
- Give access to the most liquid market
- 24 hours instant and stable nano-second execution
- The maximum leverage up to 500:1
- Offer more than 45 forex pairs and No restrictions on EA
- Up to 5 levels of Market Depth
- Negative balance protection
- Guaranteed no price slippage, no requotes and no rejections
- Free VPS, MAM and PAMM accounts
Automatic Trading Desk wherein all trades go through ECN to the market, eliminating any conflict of interest
Complete transparency of the market with only the best bid/offers being displayed
Multibank Pro
Actually, the multibank pro is the MT4 trading platform, this trading platform features is same as ECN pro platform. This account EUR/USD average spread is 0.7.
Maximus Platform
These account features are same as others account but EUR/USD average spread is 1.4 pips.
Trading Instruments
Multibank FX offers a lot of trading of instruments:
Currencies: EUR/USD, GBP/USD, USD/CAD, AUD/USD, NZD/USD, USD/ CHF, USD/JPY, GBP/AUD, GBP/CAD, GBP/JPY, EUR/GBP, GBP/CHF, GBP/NZD EUR/JPY, EUR/CHF, AUD/JPY, AUD/CHF, EUR/AUD, AUD/CAD, CAD/JPY, CAD/CHF, NZD/JPY, CHF/JPY, AUD/NZD, NZD/CAD, NZD/CHF, and EUR/NZD.
Commodities: Multibank FX offers US and UK Crude, Copper futures and Natural Gas futures.
Indices: US Tech 100 index, US SPX 500 index, US Wall Street 30, UK 100 index, German DAX, Hong Kong Hang Seng 50, GER30 and more.
Metals: XAUUSD, and XAGUSD.
Shares CFDs: Apple, Adidas, AstraZeneca, Alibaba, Bank of Americ, Barclays, Baidu, UK/US Tobacco, BHP Billiton, eBay CFD Facebook, Alphabet, HSBC Holdings, IBM, Johnson & Johnson, JP Morgan Chase, Coca-Cola, Mc Donalds, Lloyds Bank, Microsoft, BP and BT and more. .
Cryptocurrency: Bitcoin spot, ethereum spot, litecoin, and ripple spot.
Account Types
MultiBank offers 3 different type’s account. The ECN account spreads beginning from 0.1 pips under run of the mill economic situations, just as commission. As its name suggests, it is an ECN type and MT4 trading platform
The MultiBank Pro account spreads beginning from 0.8 pips under run of the mill economic situations, without commission.
The MultiBank Maximus account spreads beginning from 1.4 pips under run of the mill economic situations, without commission. This account is available through Metatrader 4 platform and an STP process. The maximum leverage is up to 500:1.
Also, the company offers a demo and Islamic account.
Deposit and withdrawal methods
MultiBank offers a good number of easy and safe common methods.
Bank Wire, Visa, Master Card, Skrill, Neteller, Paytrust: all these account base currencies are USD, GBP, EUR, JPY, CHF, AUD, NZD, CAD, all process is may take up to 24 hours.
Perfect money: this account base currency is USD and EUR.
Help2pay: MYR, THB, IDR, VND currencies are available for this account.
In withdrawals, you can use all deposit method without perfect money and Help2pay but you can use NgânL??ng.vn this account.
Awards and recognition
As a forex and CFD broker Multibank FX got many awards:
- Best FX forex and CFD broker EU and Asia 2019
- Best forex trading platform 2011
- Best ECN broker Asia 2012
- RTB China awards 2012
- Best forex broker Asia 2013
- Most powerful technical research & development tool 2013
- Broker of the year 2013 and more.
Customer Support
MultiBank provides multilingual customer service 24 hours a day and 5 days a week.
Live chat: it’s a fast and very easy wat to get in touch with multibank. They offer First Class Multilingual Customer Service 24 hours.
Phone: Multibank has more than 40 global customer service numbers, including US: +1 213 992 4748, UK: +44 20 3953 8381, Spain: +34 931220671, Italy: +39 0230578823, Malaysia: +60 0362074715, Philippines: +63 022711861, Australia: +61 2 9195 4000, UAE (toll free): +800 017 8167 and more.
Email support: cs@multibankfx.com
Callback request: You get a call back from multibank, by submitting a call back request form on their website.
Video conference: You can talk via video call by submitting Name, email, Phone, and Country on request a video conference form on their website.
Social media support: Multi Bank provide support through social media. You will find on:
Facebook: https://www.facebook.com/multibank.official
Twitter: https://twitter.com/multibankgroup
LinkedIn: https://www.linkedin.com/company/multibankgroup/
Official website: MultiBank
Risk warning: Leveraged products such as forex and CFDs may not suit all investors and carry a high risk to your capital. Make sure you understand the risks, consider your goals and experience, and seek independent advice if needed.
Final Verdict: Should You Choose MultiBank?
MultiBank offers a $50 entry cost, ECN Pro Platform / MultiBank Pro MT4 Platform platforms and a track record since 2005.
MultiBank suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.
