In this section, we will analyze the MULTIBANK broker it is a Forex and CFD broker. Is MULTIBANK really recommended to make an investment? Or is it better not to invest in this company? Is it a safe broker? Is it a gotcha? We will help you determine it.
In this section you will find: opinions about MULTIBANK, claims, experiences, an analysis of the most important characteristics of this company ( updated 2021 ), and most importantly: is MULTIBANK a safe broker? Can we trust this company? Can we withdraw our money? All this and more in this review on this investment company.
MultiBank’s platform serves several branches where each maintains its defined task and function.
How are merchants protected?
They ensure that due to their vast regulatory obligations that operate in accordance with established international standards, which are necessary to maintain and offer the highest level of protection, so they point out that you can be sure of their offer.
The highest level of security of funds through the regulated companies of this group also provided up to $ 10 million per segregated account in first-class banks.
Bonus options and promotions
The MultiBank website also does not shy away from bonus promotions. They currently have about four types, but not all of them apply to all account types.
For example, the Maximum MT4 account can use the 100% and 20% deposit bonus promotions, as well as the “Refer a friend” and “Imperial” bonuses.
Awards
The company believes that exchange technology is the safest director in the financial market, therefore MultiBank Exchange Group offers award-winning trading technology, liquidity delivery, and brokerage services.
Eventually, the broker and his financial institution that operates as a group is a recognized and awarded company as they point out, constantly improving its proposals and getting great rewards for it.
Leverage
Depending on the particular entity of the site and its applicable regulatory obligation, you will be offered to use powerful leverage tools with the possibility of increasing your trading result.
Accounts offered
There is a range of account types designed to meet particular business needs, each representing primarily the type of investor that you are.
It also offers you a MultiBank demo account with virtual $ 100,000 if you want to try the broker’s system, along with the opportunity to open a Swap-free account if you follow the Islamic faith.
Account types
The trading account specifications are divided into the offer, either for the retail or institutional client, which means that the account is defined only for the type of investor, and it also offers you Social Trading capabilities.
Similarly, you will be able to choose between the platforms offered, either Maximus MT4, MultiBank Pro MY4, and ECN Pro MT4, where the specific trading conditions and costs may be different from each other.
How to open an account?
The site review also shows you the steps to open a digital account, which is a fairly simple process. You must send the information and documentation necessary for your identity and follow the following steps.
- You must follow the link, open an account
- You then provide some personal details and a business experience to confirm your live account
- Then verify the account through the link in your email and get access to your account area and the demo trade
- To finally make your first deposit
- Trading instruments
The trading account will offer you privileged liquidity within the strictly regulated framework to ensure that your funds are safe.
It also gives you the availability to trade a variety of instruments including currencies, metals, and price-adjusted CFDs.
It means that the exchange technology offers you full transparency, quotes from 20 top-tier banks, 12 exchanges, and 6 ECNs.