Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the MultiBank Group Pro and ECN accounts. Here is the minimum spread for the EUR/USD and the trading costs per 1.0 standard in all three pricing tiers. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

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FXEmpire’s team of experts, with extensive hands-on forex trading experience, meticulously examined and analyzed each broker’s strengths and weaknesses to select the best BaFin-regulated forex brokers across various categories. Under the Prime of Primes program, trading platforms at MultiBank FX allow affiliates direct access to leading liquidity providers. They also get to use low-cost and instant Straight Through Processing (STP) of trade orders with the tightest spreads in the market. MultiBank FX also offers individual liquidity pools through FIX API connections. The https://limefx.group/ offers a minimum spread of 0.0 pips on Forex and CFD trading, which makes the platform suitable for seasoned traders.

open trading account

Users who join the Franchise program with MultiBank FX enjoy a strong reputation and customer service, increased opportunities for expansion, and gain access to successful business models. Users can withdraw funds using any one withdrawal method – by submitting a withdrawal request via MultiBank or email. To withdraw money from the MultiBank account, visit My MultiBank and submit the withdrawal request.

Is MultiBank Regulated?

The latter allows for the connection of advanced trading solutions to the competitive MultiBank Group trading environment. I like the low swap rates at MultiBank Group, and together with other trading costs, this broker offers traders one of the lowest overall trading costs. Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders to check for regulation and verify it with the regulator by checking the provided license with their database. MultiBank Group is pleased to announce its recognition as “Best Bitcoin Broker for Professional Traders” by FXEmpire, a leading financial markets authority.

MultiBank FX charges swap fees depending on the currency pair chosen by the traders. The platform also charges an inactivity fee of $60 for every inactive month after 90 days. Apart from these non-trading fees, the limefx scam makes an excellent platform than other brokers since the trading costs have been kept minimal. The MultiBank Group is globally recognized as one of the most popular trading platforms and largest online financial derivatives providers due to its accumulated paid-up capital of more than $322 million. Many seasoned traders recommend MultiBank for offering secure trading platforms that are heavily regulated and uphold stringent rules, thereby offering its clients the highest degree of funds security to its clients. Research and education at MultiBank Group brands have a long way to go to catch up to industry leaders, but the broker continues to make progress in other categories.

MultiBank customers can also use demo trading to experiment with the platform without real money investments. I like the trading environment at MultiBank Group for equity traders and asset managers, as it presents a distinct competitive edge with MAM/PAMM accounts and the proprietary copy trading platform. MultiBank Group offers its Standard account for a minimum deposit of only $50. Pro is available from $1,000, a high demand, but it cuts trading fees by almost 50%. The best trading conditions exist in the ECN option, but traders must commit $5,000, which may be high for some. MultiBank Group offers commission-free Forex mark-ups as low as 0.8 pips or $8.00 per round lot in the Pro account, but the Standard one lists them at 1.5 pips or $15.00.

ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. MultiBank has first-class customer support with friendly and responsive agents ready to assist their clients 24×7 via live chat, email support ([email protected]), phone support, or WhatsApp. Navigate to the Support page to choose a convenient method, or use the sidebar to get direct access to the customer support options. There are valuable educational resources or courses on the official website. MultiBank Group prioritizes its customers and helps them with informational FAQs, introduction and in-depth courses, and ebooks.

The MultiBank Group demo account allows users to get familiar with the platform’s features and functions without making any real money deposits. Moreover, users need to select any one trading account tier from Standard, Pro, and ECN. The MAM software offers asset managers and proficient traders the most user-friendly interface to manage multiple trading accounts simultaneously and use flexible trade platforms along with a variety of cutting-edge technologies. MultiBank offers a wide variety of trading instruments, including 20,000 financial products across forex, shares, metals, indices, commodities, and cryptocurrencies. The MultiBank Group maintains a trustworthy and secure environment as the platforms are regulated by more than 10 regulatory bodies around the world, making the platforms as transparent as possible. There are mainly three account types across global entities for trading CFDs and forex, including Standard, Pro, and ECN.

1. It also provides a wide range of order types, including stop orders and pending.
2. With the help of the sophisticated trading environment offered by MultiBank, the Expert Advisors software detects the best trading patterns.
3. On the other hand, crypto payments are done instantly using digital wallets that support BTC, USDT, ETH, and more.
4. MultiBank offers bank wires, credit/debit cards, SEPA, Skrill, Neteller, PayTrust, Payment Asia, Globe Pay, ThunderX, Help2Pay, POLi, and cryptocurrencies (Bitcoin and USDT).
5. The former is within the upper range of competitive trading costs, but the latter is expensive.

The fund withdrawal form available on the official webpage can also be used to withdraw money from MultiBank FX. Withdrawal of funds at MultiBank Group is both easy and accessible to benefit the platform’s active traders and investors. The MultiBank Group collaborates with partners and professionals to bring them the Introducing Brokers Program that provides them with rebates and commission structures that are completely unheard of in the industry. MultiBank Group is an award-winning forex broker operated by the MEX Group worldwide.

MultiBank uses segregated client accounts to give the ultimate investment safety. It also ensures that all capital and funds are stored in tier 1 banks to provide the required peace of mind while trading. The customer support offered by MultiBank is proficient and multilingual, offering services 24×7 via different platforms. Both beginners and professional traders can trade more than 20,000 instruments, including forex, shares, indices, metals, commodities, and even cryptocurrencies. Opening an account at MultiBank Group takes only a few seconds and requires a name, e-mail, and valid mobile phone number.

This frustrating process is at odds with how most brokers deliver investment products. The best forex brokers make all markets available directly within the trading platform, making it far easier to find trading opportunities. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about.