MultiBank Exchange Group Account Types vary according to what traders require. MultiBank Exchange Group boasts a wide feature offering and excellent customer support infrastructure teamed with staff that has longstanding industry experience.
MultiBank Exchange at a Glance
| 🔎 Broker's Name | MultiBank Exchange Group |
| 📍 Headquartered | California, USA/ Hong Kong (SAR) |
| 📅 Year Founded | 2005 |
| ⚖️ Regulating Authorities | ASIC, BAFIN, CNMV, FMA, DFSA, TFG, HKCE, AUSTRAC, VFSC, CIMA. |
| 🌐 Countries not accepted for trade | The United States and Hong Kong |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 500:1 |
| 💰 Minimum Deposit | $50/R752 |
| 💳 Deposit Options | BankWire, Credit/debit cards, Skrill, Neteller, PayTrust, PerfectMoney, Help2pay, Ngang Luong, Payment Asia. |
| 💳 Withdrawal Options | BankWire, Credit/debit cards, Skrill, Neteller, PayTrust, PerfectMoney, Help2pay, Ngang Luong, Payment Asia. |
| 💻 Platform Types | Maximus MT4, MultiBank Pro MT4 and ECN Pro MT4 |
| 📱 OS Compatibility | Mobile APP: Apple, Google, Android Desktop: Windows Web Trading: Chrome, Firefox, IE, Safari |
| 📈 Tradable assets offered | Forex, Metals, Shares, Indices, Commodities |
| 👨💼 Languages supported on Website | Spanish, Arabic, Italian, German, Japanese, Chinese, Russian, Malay, Polish |
| 👥 Customer Support Languages | Spanish, Arabic, Italian, German, Japanese, Chinese, Russian, Malay, Polish |
| 📆 Customer Service Hours | 24 hours, 5 days per week. It is not transparent what time and in which time zone the customer service is available. |
| 👉 Open a account | 👉 Click Here |
Min Deposit
USD 50
Regulators
ASIC, BAFIN, CNMV, FMA, DFSA, TFG, HKCE, AUSTRAC, VFSC, CIMA
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
55+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our MultiBank Exchange Group Account Types below.
MultiBank Exchange Account Types – 8 key points quick overview
MultiBank Exchange Overview- MultiBank Exchange Account Types
- MultiBank Exchange Account Features
- MultiBank Exchange Demo Account
- MultiBank Exchange Islamic Account
- MultiBank Exchange Pros and Cons
- Conclusion
- Frequently Asked Questions
Here is an overview of the MultiBank Exchange Group Account types as well as the treading features and benefits offered for each account.
MultiBank Exchange Overview
MultiBank Exchange Group is a forex broker that was established in 2005 in California and since then became a large global financial institution with a paid-up capital of over $322 million.
MultiBank is neither a bank nor a US-regulated broker. MultiBank Exchange is the trading name of MultiBank Forex Exchange Corporation incorporated in California, USA and MultiBankFX is the trading name of MultiBank FX International Corporation (BVI).
As Forex and CFDs Broker, MultiBank is regulated in six jurisdictions and has offices in 25 countries. MultiBank Exchange Group is licensed and regulated worldwide through relevant authorities including ASIC, BaFin, CNMV, FMA, DFSA, TFG, HKCE, AUSTRAC, VFSC, and CIMA.
MEXFintech is in Hong Kong, while MEX Group Worldwide maintains offices in Hong Kong, MEX Asset Management (Austria) GmbH, Beijing, Tianjin, Hangzhou, and Ho Chi Minh City.
Apart from the vast regulatory obligations of MultiBank Exchange Group, the company operates with negative balance protection that safeguards clients from losses. Their clients can trade with total confidence and enjoy complete security of funds because of segregated accounts and favorable trading conditions.
MultiBank deploys a generous bonus structure to entice new deposits and continuously strives for new partnerships to enhance its total product and services portfolio.
The company offers its customers direct trading access to banks and exchanges through a set of advanced trading platforms and delivers its services to more than 280 000 retail and institutional customers in more than 90 countries.
MultiBank Exchange Group uses award-winning trading technology, liquidity provision, and brokerage services. Its 24-hour customer service is available in more than 10 languages via the company website.
The broker offers tight pricing for online financial products, including forex, metals, shares, indices, commodities, and cryptocurrencies CFDs. Traders have access to more than 20 000 instruments which can be traded with a maximum leverage of 500:1.
MultiBank Exchange Account Types
MultiBank Exchange Group offers three account types, namely Maximus, MultiBank Pro, and ECN Pro. Traders will experience a similar core trading environment regardless of the account type, with the most significant difference being more competitive spreads when a higher minimum deposit was needed.
The Maximus type of account is more suited for new retail traders with minor deposits seeking a generous deposit bonus, while both the Pro account types grant a superior cost structure, with the ECN Pro account ideally suited to high-frequency traders.
The most notable difference is the higher pricing, granted with a higher minimum deposit.
The minimum deposit required to open an account is $50/R754.
MultiBank Exchange Account Features
MultiBank Exchange Group live accounts have the following common benefits:
Quick and easy account opening
Tightest spreads on award-winning platforms
Attractive account opening bonuses
Negative balance protection
Leverage up to 500:1
| 🌐 Account | ECN Pro Account | MultiBank Pro Account | Maximus Account |
| 💰 Minimum Deposit | $5 000/R75 600 | $1 000/R15 120 | $50/R750 |
| 💻 Platform Types | MetaTrader 4 and MetaTrader 5 | MetaTrader 4 and MetaTrader 5 | MetaTrader 4 and MetaTrader 5 |
| 📈 Maximum Leverage | 500:1 | 500:1 | 500:1 |
| 👍 Demo Account | Yes | Yes | Yes |
| 💰 Spreads | 0.0 pips | 0.8 pips | of 1.4 pips |
| 📱 OS Compatibility | Mac, Windows, Linux, Web, Mobile Android, iPhone, iPad | Mac, Windows, Linux, Web, Mobile Android, iPhone, iPad | Mac, Windows, Linux, Web, Mobile Android, iPhone, iPad |
| 👉 Open a account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
MultiBank Exchange Demo Account
MultiBank Exchange Group offers traders the option to open a demo or practice account which can be utilized in several ways, including the following:
A practice account for beginner traders who wish to hone their trading skills and gain experience in a risk-free environment using virtual funds.
Traders who want to evaluate and compare brokers and would like to explore MultiBank Exchange Group’s trading conditions in a risk-free environment.
Traders who want to test their trading strategies in an imitated live trading environment without risking their own capital.
Min Deposit USD 50 Regulators ASIC, BAFIN, CNMV, FMA, DFSA, TFG, HKCE, AUSTRAC, VFSC, CIMA Trading Platform MT4, MT5 Crypto Yes Total Pairs 55+ Islamic Account Yes Trading Fees Low Account Activation 24 Hours
MultiBank Exchange Islamic Account
The purpose of an Islamic Account is that it caters explicitly to Muslim traders who follow the strict rules of Sharia law. These rules prevent followers from paying any type of interest, such as overnight fees, which is seen as exploitive or wasteful.
Overnight fees are charged when traders hold positions open for longer after the trading day has concluded. This type of account allows exemption from such fees or interest, should traders hold positions open for longer.
Brokers offer an Islamic Account only to Muslim traders who follow the Sharia law. Traders must, however, take note that there are certain features indicated on the Islamic account which may differ vastly from the other individual account types, such as minimum deposits, spreads, and more.
Traders who are interested in registering for an Islamic account must contact the broker’s customer support team to verify the availability and current conditions of such an account as conditions may have changed from the time of writing.
Min Deposit USD 50 Regulators ASIC, BAFIN, CNMV, FMA, DFSA, TFG, HKCE, AUSTRAC, VFSC, CIMA Trading Platform MT4, MT5 Crypto Yes Total Pairs 55+ Islamic Account Yes Trading Fees Low Account Activation 24 Hours
MultiBank Exchange Customer Reviews
Please take note, the following Customer Reviews are for Multibank Exchange.
Aristos Panteli Senior Account Manager
I was searching to start investing and I founded Aristos Panteli from Multibank. We have meet each other in Dubai and after he explained everything about I started to invest in Multibank.
He still helps me immediately when I have a question or need something.
He is friendly, smart, and skilled.
I had a very nice experience and I want to thank him for his support, I really appreciate it.
Great assistance from Aristos Panteli!
I am new to trading and I have just opened an account with MultiBank Group. The whole process was so smooth and straightforward, and I received quick and helpful assistance from the senior account manager Aristos Panteli.
He is very professional and kind, Aristos I cannot thank you enough!
I have worked with many different…
I have worked with many different Brokerages.
MultiBank Group was the best option so far, as its exceptional customer service and results helped me gain financially.
Mr. Aristos, my Senior Account Manager has learned me from the beginning the principles of trading and with his help, I managed to understand how it is to deal with true professionals. Thank you Mr. Aristos and thank you Multi-Bank!!
MultiBank Exchange Pros and Cons
| ✔️ Pros | ❌ Cons |
| Fast and easy account opening process | Inadequate educational means |
| Free deposits and withdrawals | Limited product range available |
| Good customer service | No 24/7 support |
| Low minimum deposit | Only basic research options available |
| Multiple payment options | Regulatory conditions vary according to jurisdiction |
| Negative balance protection | |
| Well regulated |
Conclusion
MultiBank Exchange Group Account Types vary according to what traders require. MultiBank Exchange Group boasts a wide feature offering and excellent customer support infrastructure teamed with staff that has longstanding industry experience.
You might also like: MultiBank Exchange Group Review
You might also like: MultiBank Exchange Group Demo Account – Step by Step
You might also like: MultiBank Exchange Group Fees and Spreads
You might also like: MultiBank Exchange Group Islamic Account Overview
You might also like: MultiBank Exchange Group Minimum Deposit
You might also like: MultiBank Exchange Group Sign-up Bonus
Frequently Asked Questions
Trading environment
How many instruments can I trade with the MultiBank Exchange Group?
You can trade several different instruments with MultiBank Exchange Group, which include the following:
- Forex
- Metals
- Shares
- Indices
- Commodities
Which platforms are supported by the MultiBank Exchange Group?
MultiBank Exchange Group provides the following popular trading platforms:
- MT4
- MT5
Is MultiBank Exchange Group regulated and by whom?
MultiBank Exchange Group is regulated by FSC, ASIC, BaFin, FMA, CNMV, and CIMA.
Is MultiBank Exchange Group a recommended forex trading broker for experts and beginners?
Through the different account types, MultiBank Exchange Group offers a fair-trading environment for most types of traders.
What is the overall rating out of 10 for MultiBank Exchange Group?
The overall rating is 7/10.
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