Established broker with a strong regulatory framework and a wide range of trading instruments.
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Fee Level: | Medium |
Inactivity Fee: | Medium |
Index CFD Fee: | Medium |
Investor Protection: | Up to $20,000 under the Investor Compensation Fund (ICF). |
Mobile Platform: |
Provides a comprehensive trading environment with competitive fees.
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Regulated by ASIC, BaFin, and FMA; segregates client funds and offers negative balance protection.
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Multibank Group offers bank transfers, cards, Skrill, Neteller, and local payments. Deposits are instant; withdrawals 1–3 days.
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Multibank Group offers an easy and efficient digital registration process with identity verification in 24–48 hours.
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Multibank Group provides mobile trading through the MetaTrader 4 and MetaTrader 5 apps, offering a reliable platform with real-time market data, charting tools, and multiple order types.
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Multibank Group offers access to both MT4 and MT5 desktop platforms, known for their robust performance, advanced charting tools, and support for automated trading.
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Multibank Group offers a variety of trading instruments, including forex pairs, commodities, indices, and cryptocurrencies, providing opportunities for diversified trading strategies.
Established in 2005 in California, USA, MultiBank Group has evolved into one of the world's largest financial derivatives providers. The company offers trading services across various financial instruments, including forex, metals, shares, indices, commodities, and cryptocurrencies. With a paid-up capital exceeding $322 million, MultiBank Group serves over 1,000,000 clients across 100 countries.
MultiBank Group's platforms operate standard interbank forex market trading hours, opening at 00:05 on Monday and closing at 23:55 on Friday. The time zone is GMT+2 from November to March and GMT+3 during Daylight Saving Time, which begins on the second Sunday in March and ends on the first Sunday in November. This setup allows for a standard 5-day trading week, facilitating accurate analysis and reporting.
MultiBank Group does not impose internal fees for deposits and withdrawals. However, on some occasions, international credit/debit card transactions, incoming or outgoing bank transfers, and forex conversion fees may be charged by your bank, not by MultiBank Group.
