MultiBank Exchange Group offers a Demo Account that mimics a live trading account and offers many features for traders. Traders have access to the same functions, features, and options that they normally would on a live trading account.
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 Demo Account below.
Our MultiBank Exchange Demo account- 8 key points quick overview:
MultiBank Exchange Group at a Glance- Our MultiBank Exchange Demo account- 8 key points quick overview:
- How to set up a MultiBank Exchange Demo Account – Step by Step
- MultiBank Exchange Demo Account Features
- MultiBank Exchange Customer Reviews
- MultiBank Exchange Pros and Cons
- Conclusion
- Frequently Asked Questions
Here is an overview of the MultiBank Exchange Group Demo Account as well as the features that are offered.
How to set up a MultiBank Exchange Demo Account – Step by Step
To register and set up a demo account (also called a practice account) with MultiBank Exchange Group, traders must visit the website and follow the simple steps.
Step 1 – Select the try demo option.
Step 2 – Fill out the form.
New accounts are applied online and processed according to established industry standards.
You can start the process to open a live account on the MultiBank Exchange Group website and choose to open a demo account first. Brokers usually require an e-mail and password to complete the initial step and if more than one currency can be used, traders must select their preferred account currency.
Step 3 – Select a trading platform
MultiBank Exchange Group accounts can be opened in USD, GBP, EUR, JPY, CHF, AUD, NZD, and CAD.
An account verification process is usually mandatory due to regulatory requirements.
Step 4 – Click “Save and Next”
Click “Save and Next” to process to the next step, which is to download and install the trading platform.
Proceed through the KYC process if needed and get approved.
Follow these steps to open an account:
Ensure that you have your email address and ID ready.
Select the country of residence and your currency, if applicable.
Choose that you want to try a demo account.
Provide basic personal information requested.
A demo account is also referred to as a practice account because it provides traders with the ability and freedom to explore a broker’s offering without running the risk of losing money, due to the provision of virtual money with which to ‘trade’.
Beginner traders can use a demo account to get acquainted with the live trading environment, where they can actively participate in trades and develop their own strategies.
Demo accounts are not intended for beginners only but provide more advanced traders an opportunity to explore what MultiBank Exchange Group has to offer.
MultiBank Exchange Demo Account Features
MultiBank Exchange Group’s demo account imitates the conditions of a live trading account and gives traders access to the same functions, features, and options they would have on a live trading account, with the exception that the demo account is risk-free since they make use of virtual funds to conduct their trading.
Due to this, traders cannot withdraw any profits which are made on the demo account.
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 |
| Demo accounts can be opened | Inadequate educational means |
| Free deposits and withdrawals | Limited product range available |
| Low minimum deposit | No 24/7 support |
| Multiple payment options | Only basic research options available |
| Negative balance protection | Regulatory conditions vary according to jurisdiction |
| Fast and easy account opening process | |
| Well regulated |
Conclusion
MultiBank Exchange Group Demo Account mimics a live trading account and offers many features for traders. Traders have access to the same functions, features, and options that they normally would on a live trading account.
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Frequently Asked Questions
What is the difference between a demo and a live trading account?
A demo account as is offered by broker companies like MultiBank Exchange Group is usually funded with virtual money and gives a prospective customer the opportunity to experiment with the company’s trading platforms and its features, before setting up a real account which needs to be funded with the customers own real money.
Does MultiBank Exchange Group offer a demo account?
Yes, find out more about the demo account available here.
How long is the demo account valid?
It is not clear how long the demo account can be used.
Which live trading accounts does MultiBank Exchange Group offer?
- ECN Pro Account
- MultiBank Pro Account
- Maximus Account
Does MultiBank Exchange Group offer an Islamic Account?
Yes.
What are the available deposit currencies for a live trading account?
USD, GBP, EUR, JPY, CHF, AUD, NZD, CAD.
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