All Share (J203) = 90 015
Rand / Dollar = 18.21
Rand / Pound = 23.61
Rand / Euro = 19.76
Gold (usd/oz) = 3 034.38
Platinum (usd/oz) = 994.60
Brent (usd/barrel) = 71.04
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

MultiBank Exchange Group Minimum Deposit

MultiBank Exchange Group Minimum Deposit
 

The MultiBank Exchange Group Minimum Deposit is $50 / R750. This is very low when compared to other brokers’ minimum deposit fees, making it accessible to beginner and smaller retail traders.

 

MultiBank Exchange at a Glance

 

🔎 Broker's NameMultiBank Exchange Group
📍 HeadquarteredCalifornia, USA/ Hong Kong (SAR)
📅 Year Founded2005
⚖️ Regulating AuthoritiesASIC, BAFIN, CNMV, FMA, DFSA, TFG, HKCE, AUSTRAC, VFSC, CIMA.
🌐 Countries not accepted for tradeThe United States and Hong Kong
☪️ Islamic account (swap-free)Yes
👍 Demo AccountYes
📊 Institutional AccountsYes
📊 Managed AccountsYes
📈 Maximum Leverage500:1
💰 Minimum Deposit$50/R752
💳 Deposit OptionsBankWire, Credit/debit cards, Skrill, Neteller, PayTrust, PerfectMoney, Help2pay, Ngang Luong, Payment Asia.
💳 Withdrawal OptionsBankWire, Credit/debit cards, Skrill, Neteller, PayTrust, PerfectMoney, Help2pay, Ngang Luong, Payment Asia.
💻 Platform TypesMaximus MT4,

MultiBank Pro MT4 and

ECN Pro MT4
📱 OS CompatibilityMobile APP: Apple, Google, Android

Desktop: Windows

Web Trading: Chrome, Firefox, IE, Safari
📈 Tradable assets offeredForex, Metals, Shares, Indices, Commodities
👨‍💼 Languages supported on WebsiteSpanish, Arabic, Italian, German, Japanese, Chinese, Russian, Malay, Polish
👥 Customer Support LanguagesSpanish, Arabic, Italian, German, Japanese, Chinese, Russian, Malay, Polish
📆 Customer Service Hours24 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 Minimum Deposit below.

 

MultiBank Exchange  Minimum Deposit – 8 key points quick overview:

 

  1. ✔️ MultiBank Exchange  Minimum Deposit – 9 key points quick overview:
  2. ✔️ MultiBank Exchange Minimum Deposit
  3. ✔️ MultiBank Exchange Deposit fees and deposit methods
  4. MultiBank Exchange Step-by-step guide to depositing the minimum amount
  5. MultiBank Exchange  Customer Reviews
  6. MultiBank Exchange Pros and Cons
  7. Conclusion
  8. Frequently Asked Questions

 

Here is our overview of the MultiBank Exchange Group Minimum deposit as well as the pros and cons as well as features that are offered to traders.

 

MultiBank Exchange Minimum Deposit

 

MultiBank Exchange Group has a minimum deposit requirement of only $ 50 for the Maximus Account.

 

This minimum deposit amount was equivalent to ZAR 750 at an average current exchange rate between the US Dollar and the South African Rand at the time of writing.

 

An ECN Pro Account can be opened with $5 000/R75 600  and a MultiBank Pro Account with $1 000/R15 120.

 

MultiBank Exchange Group’s authorization as a broker and its regulatory authorities may require that client funds must be kept in segregated accounts, separate from the broker account, and that such funds could only be used by traders to conduct their trading activities.

 

🌐 AccountECN Pro AccountMultiBank Pro AccountMaximus Account
💰 Minimum Deposit$5 000/R75 600$1 000/R15 120$50/R750
💻 Platform TypesMetaTrader 4 and MetaTrader 5MetaTrader 4 and MetaTrader 5MetaTrader 4 and MetaTrader 5
📈 Maximum Leverage500:1500:1500:1
👍 Demo Account Yes YesYes
💰 Spreads0.0 pips0.8 pipsof 1.4 pips
📱 OS CompatibilityMac, Windows, Linux, Web, Mobile Android, iPhone, iPadMac, Windows, Linux, Web, Mobile Android, iPhone, iPadMac, Windows, Linux, Web, Mobile Android, iPhone, iPad
👉 Open a account👉 Click Here👉 Click Here👉 Click Here

 

MultiBank Exchange Deposit fees and deposit methods

 

MultiBank Exchange Deposit fees and deposit methods

 

Compared to other brokers, the minimum deposit amount that MultiBank Exchange Group requires when traders register a live account is low.

 

 

MultiBank Exchange Group offers traders several payment or deposit methods which can be used when funding accounts. Withdrawals usually must be returned by the same method used to deposit and to the same bank account.

MultiBank Exchange Group accepts the following payment methods:

 

💳Debit credit card
💳Bank transfer
💳e-wallet
💳FasaPay
💳Online-payments
💳Cryptocurrency

 

🟢 MultiBank Exchange Group does not levy additional fees, but third-party charges may be applicable. Processing times for deposits are promised to be fast – within 24 hours.

🟢 A trader can choose an account base currency so that you will avoid unessential charges for conversion. The supported currencies include USD, GBP, EUR, JPY, CHF, AUD, NZD, and CAD while general funding options may differ according to your country of origin.

🟢 Traders must ensure that they verify whether their financial institution charges its own fees.

 

MultiBank Exchange Step-by-step guide to depositing the minimum amount

 

🔴Step 1 – LOG INTO ACCOUNT

  • Log into the accounts area on the broker’s website

 

MultiBank Exchange Step by step guide to  deposit the minimum amount step 1

 

🔴Step 2 – Upload further information

Traders can fund their accounts by sending the funds to one of the MultiBank Exchange Group segregated client accounts from their own bank account or execute the option to deposit the minimum amount from their personal area after a live trading account was registered and had been approved.

 

MultiBank Exchange Step-by-step guide to depositing the minimum amount step 2

 

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.

ATC Brokers Trust Pilot

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!

ATC Brokers Trust Pilot

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!!

ATC Brokers Trust Pilot

MultiBank Exchange Pros and Cons

 

✔️ Pros❌ Cons
Deposit and loyalty bonuses availableLimited product range available
Free deposits and withdrawals
Low minimum deposit
Well regulated

 

Conclusion

 

The MultiBank Exchange Group Minimum Deposit is $50/R750. This is very low when compared to other brokers’ minimum deposit fees, making it accessible to beginner and smaller retail traders.

 

You might also like: MultiBank Exchange Group Review

You might also like: MultiBank Exchange Group Account Types Overview

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 Sign-up Bonus

 

Frequently Asked Questions

 

What is the minimum deposit for MultiBank Exchange Group?

The minimum deposit for this broker is $ 50.

 

How do you make a deposit and withdraw money with MultiBank Exchange Group?

MultiBank Exchange Group offers the following deposit and withdrawal methods:

 

The same method used to fund an account must normally be used to withdraw money. Also, monies will usually only be refunded to accounts in the same name as the trading account.

 

Does MultiBank Exchange Group charge withdrawal fees?

No.

 

How long does it take to make a withdrawal?

Typically, a withdrawal request will be confirmed within 1-2 business days, yet this may vary according to entity conditions.

4.6/5 - (19 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

March 8, 2023

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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