MultiBank Exchange Group

Company Information

MultiBank Exchange Group is an international broker giving a full range of brokerage services to clients all around the globe. They give access to a variety of trading assets to choose from. Trade forex, stocks, indices and commodity markets. They provide over 200 advanced trading instruments. MultiBank Exchange Group is a dedicated to delivering a superior trading experience to traders and investors.

Markets

They offer a solid number of asset classes to choose from. So, you can select between the following assets:

Trading accounts

Our team has compared three types of accounts the broker offers, namely Standard, Classic, and Pro. The main difference is in the amount of the first deposit, commission fee, bonus, number of trading tools, and some exceptional trading conditions like account manager, daily analytics, etc.

Standard

• First deposit – $250
• Market Depth – available
• Deposit commission $0
• Leverage – up to 1:30
• Spread floating from 0.0 pip

Classic

• First deposit – $10,000
• Hedging of positions – available
• Deposit commission $0
• Leverage – up to 1:50
• Spread floating from 0.6 pip

Pro

• First deposit – $19,000
• Hedging of positions – available
• Deposit commission $0
• Leverage – up to 1:100
• Spread floating from 0.7 pip

Open an account

Opening an account with MultiBank Exchange Group is an easy and quick process. All you need is to follow six simple steps:

1. to select Open Account in the top right corner of the website;
2. to enter your full name, country, email address, and phone number, and to choose the password;
3. to click Send PIN and enter either of the PINs you receive, to agree to the terms and conditions, and to click Register Now;
4. to complete the questionnaire, detailing further personal information, trading aims, and trading knowledge;
5. to submit the required documents to verify your account;
6. to make a deposit.

Minimum deposit

Standard accounts can be opened for as little as $250, while Classic ones – for $10,000, and Pro ones – for $19,000.

Trading Platforms

• MetaTrader is the ever popular trading platform. Delivering impressive charting capabilities and quick trading execution, MT is one of the world’s most popular and innovative platforms. They also offer a mobile app. Through the app, you can respond to market movements in a matter of seconds either through your Android or iPhone.

Our verdict

Our review of MultiBank Exchange Group proves that it is a highly reputable broker with a wide variety of trading opportunities. The broker offers good average trading conditions suitable for both beginners and professionals. They provide access to the most popular and trusted platform, MetaTrader. Moreover, there is an app.  All in all, we may say that MultiBank Exchange Group is a good trading decision for those, who find those trading conditions suitable.