MultiBank Exchange Group Fees Spreads and Commission varies according to the account type that the trader is using. MultiBank Exchange Group’s spreads on EUR/USD start from 0.0 pips.
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 Exchange Fees Spreads and Commission below.
MultiBank Exchange Fees and Spreads – 9 key points quick overview:
MultiBank Exchange Fees and Spreads – 9 key points quick overview:- MultiBank Exchange Fees and Spreads
- MultiBank Exchange Additional Trading Fees
- MultiBank Exchange Broker Fees
- MultiBank Exchange Group at a Glance
- MultiBank Exchange Customer Reviews
- MultiBank Exchange Pros and Cons
- Conclusion
- Frequently Asked Questions
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
Here is our overview of the MultiBank Exchange Group Fees Spreads and Commission as well as the features that are offered, which could affect your trading.
MultiBank Exchange Fees and Spreads
MultiBank Exchange Group’s spreads on EUR/USD start from 0.0 pips.
Average spreads in the commission-free Maximum account equals 1.4 pips, which is quite elevated.
Spreads vary depending on the account type. The MultiBank Pro account sees a reduction to 0.8 pips, while the commission-based ECN Pro account lists them as 0.1 pips for a fee of $3 per lot, which is the most competitive offer.
This broker profits directly from client losses, where it acts as a market maker.
Fees, spreads, and commissions that traders can expect on the company’s spread list when trading with MultiBank Exchange Group are as follows:
Trading conditions will vary according to the trading account or platform used at MultiBank, thus if you are trading through Maximus MT4, the spread averages around 1.4 pips. MultiBank Pro MT4, designed for traders with experience and bigger size, requires a $ 1 000 initial deposit but also brings lower costs – typically 0.5 pips.
The ECN Pro MT4 is a professional account with a maintained balance of $ 5 000 and offers spreads from 0.1 pips and a commission of 3$ per lot with the traded amount of $ 20 000, and further, the commission is discounted to 2$ per lot.
MultiBank Exchange Additional Trading Fees
When trading financial instruments such as forex, traders can expect that overnight fees or swap fees will be applicable when positions are held for longer than one trading day.
MultiBank Exchange Group does provide an Islamic Account for Muslim traders who follow the Sharia Law and are prohibited from earning or paying interest where the holding of open positions is concerned.
The MultiBank Exchange Group support team can advise whether spread betting is allowed and what spread betting fees would apply.
MultiBank Exchange Broker Fees
MultiBank Exchange Group does apparently not charge deposit fees but deducts a monthly $60 inactivity fee after three months. No information regarding fees for deposits and withdrawals exists but more transparency to secondary trading costs is lacking. No withdrawal fees seem to be charged.
| Multibank Exchange | |
| 📊 Account fee | No |
| 📈 Inactivity fee | No |
| 💳 Minimum deposit | $50/R752 |
| 🔁 Formerly Known as | 🥈 Multibank Group |
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 |
| Free deposits and withdrawals | Inadequate educational means |
| Low minimum deposit | Only basic research options available |
| Multiple payment options | Regulatory conditions vary according to jurisdiction |
| Well regulated |
Conclusion
MultiBank Exchange Group Fees Spreads and Commission varies according to the account type that the trader is using. MultiBank Exchange Group’s spreads on EUR/USD start from 0.0 pips.
You might also like: MultiBank Exchange Group Review
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You might also like: MultiBank Exchange Group Islamic Account Overview
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You might also like: MultiBank Exchange Group Sign-up Bonus
Frequently Asked Questions
Which platforms are supported by the MultiBank Exchange Group?
MultiBank Exchange Group provides the following popular trading platforms:
- MT4
- MT5
Does MultiBank Exchange Group offer leverage?
Yes, MultiBank Exchange Group offers maximum leverage of up to 1: 500.
Does MultiBank Exchange Group charge a commission?
A Commission of $3 per lot may be charged.
Are there additional charges on the Islamic account?
MultiBank Exchange Group does offer an Islamic Account. Some brokers charge extra fees on Islamic accounts – either in wider spreads, additional commissions, or administration fees to make up for money that they lose by not charging overnight fees.
What is the overall rating out of 10 for MultiBank Exchange Group?
7/10.
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