MultiBank Group - General Information
Rebate Rates
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Instruments |
Account types |
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Standard |
Pro |
ECN |
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Currencies (FX) |
5 USD per lot |
4 USD per lot |
1.5 USD per lot |
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Metals |
6 USD per lot |
4 USD per lot |
1.5 USD per lot |
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Commodities |
7 USD per lot |
4 USD per lot |
1.5 USD per lot |
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Indices |
7 USD per lot |
4 USD per lot | 1.5 USD per lot |
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Payment Options |
►Monthly Rebates in FxRebate account | ►Monthly Rebates in FxRebate account | ►Monthly Rebates in FxRebate account |
Notes
- The Rebates are calculated for one round turn lot (100,000 units) for Currencies, (100 oz) for Gold, (5,000 oz) for Silver, (100 bar) for Oil, and (one contract) for Indices.
- FxRebate offers rebates for clients, excluding those from Hong Kong, regarding transactions with MultiBank Group.
- For other trading instruments rebate information please contact us at office@fxrebate.eu.
MultiBank Group Overview
MultiBank was established in California, USA in 2005. Since its launch MultiBank has evolved into one of the largest financial institutions worldwide, with a current paid up capital of over US $322 million. MultiBank’s value is expected, within the next two years, to increase substantially to circa US$ 2 billion once it undertakes an IPO. Combining prime liquidity, cutting edge technology and first class customer service, MultiBank delivers advanced trading platforms and tight pricing in online financial products, including Foreign Exchange, Metals Stocks and CFDs to over 280,000 retail and institutional customers in more than 90 Countries.
For MultiBank, 2016 was a momentous year wherein, our platforms executed trades with a notional turnover in excess of US $4.3 billion per day in Foreign Exchange and Financial derivatives trading, while catering to extensive client-base of over 280,000, stretching across 90 countries worldwide.
The success of MultiBank proves that electronic exchange technology is most certainly the future and direction of the financial markets. We are proud of the fact that in terms of global Forex dealings, world-renowned Banks and major Financial Institutions worldwide are using our award winning trading technology, liquidity and brokerage services.
MultiBank Group Details
| Company Name | MEX Australia Pty Ltd (AU), MultiBank FX International (BVI), MEX Clearing (UAE) | ||||||||||
| Country | United States of America | ||||||||||
| Year Open | 2005 | ||||||||||
| Headquarters | United States of America | ||||||||||
| Offices | Australia, Austria, China, Cyprus, Hong Kong, Spain, United Kingdom, United States of America | ||||||||||
| Employees | 300+ | ||||||||||
| License | ASIC 155084058, FSC BVI SIBA/L/14/1068 | ||||||||||
| Regulatory Authorities | ASIC, FSC BVI, CIMA, BaFIN, RAK, FMA, CNMV | ||||||||||
| USA Clients |  No |
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| Japanese Clients |  Yes |
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| European Clients | No |
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| Canadian Clients | No |
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| Restricted Countries | Canada, Hong Kong, United States of America | ||||||||||
Regulatory Authority
| Agency | Australian Securities and Investments Commission | ||||||||||
| Short Name | ASIC | ||||||||||
| Country | Australia | ||||||||||
| Min Capitalization | AUD 1,000,000 | ||||||||||
| Government Enforced Segregated Accounts | Yes | ||||||||||
| Description | ASIC is Australia’s corporate, markets and financial services regulator. ASIC contribute to Australia’s economic reputation and wellbeing by ensuring that Australia’s financial markets are fair and transparent, supported by confident and informed investors and consumers. |
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| Visit Website | |||||||||||
| Agency | British Virgin Islands Financial Services Commission | ||||||||||
| Short Name | FSC BVI | ||||||||||
| Country | British Virgin Islands | ||||||||||
| Min Capitalization | USD 100,000 | ||||||||||
| Government Enforced Segregated Accounts | No | ||||||||||
| Description | The BVI Financial Services Commission is the Territory's single financial services Regulator. We are the agency responsible for authorising and licensing companies or persons to conduct financial services business and for monitoring the perimeter of regulated financial services activity to safeguard the public against any illegal and or unauthorised financial services business operating in or from within the BVI. |
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| Visit Website | |||||||||||
Account Options
| Account Types | Standard, Pro, ECN | ||||||||||
| Min Deposit | 200 USD | ||||||||||
| Max Leverage | 500:1 for clients under BVI jurisdiction, 30:1 for clients under AU jurisdiction | ||||||||||
| Min Trade Size | 0.01 Lots | ||||||||||
| Max Trade Size | 30 Lots | ||||||||||
| Spreads | MultiBank Group Spreads | ||||||||||
| Spread Types | Fixed spreads, Variable spreads | ||||||||||
| FX Pricing Decimals | 5 | ||||||||||
| Commission | 3 USD / lot for ECN accounts | ||||||||||
| Rollover (Swaps) | MultiBank Group Rollover (swaps) | ||||||||||
| Stop Out Level | 30% | ||||||||||
| VPS (Virtual Private Server) | Yes |
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Trading Options
| Execution Options | STP | ||||||||||
| Instruments | Forex, Metals, Commodities, Indices, Treasury Bonds, Cryptocurrencies | ||||||||||
| OCO Orders | No |
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| Trailing Stops | Yes |
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| One Click Trading | Yes |
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| Scalping Allowed | Yes |
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| Hedging Allowed | Yes |
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| News Trading Allowed | Yes |
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| Expert Advisors Allowed | Yes |
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| Islamic Accounts | Yes |
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| Copy Trading | Yes |
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Platforms Supported
| Trading Platforms | MT4, MT4 WebTrader, MT5, MT5 WebTrader, Mobile | ||||||||||
| Mobile Support | MT4 Android, MT4 iOS (iPhone/iPad), MT5 Android, MT5 iOS (iPhone/iPad) | ||||||||||
| Trading API | Yes |
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| Managed Accounts Featured | Yes |
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| MAMM/PAMM Platform Option | Yes |
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| MAMM/PAMM Leaderboard | Yes |
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| Trading Platform Time | UTC +01:00 | ||||||||||
| Observe DST Change | Yes |
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| DST Change Timezone | Eastern Standard Time (EST) | ||||||||||
| Non-expiring Demo | Yes |
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Funding Information
| Deposit Methods | Bank Wire, Credit/ Debit Card, Neteller, Skrill, PayTrust, PerfectMoney, POLi, Help2pay, PaymentAsia, ThunderXPay, Bitcoin | ||||||||||
| Withdrawal Methods | Bank Wire, Credit/ Debit Card, Neteller, Skrill, PayTrust, PerfectMoney, POLi, Help2pay, PaymentAsia, ThunderXPay, Bitcoin | ||||||||||
| Broker to Broker Transfer | Yes |
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| Account Currency | EUR, USD, GBP, AUD, JPY | ||||||||||
| Client Funds Bank | National Australia Bank, Barclays Bank, BMO Harris Bank | ||||||||||
| Interest Bearing Accounts | No |
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| Government Enforced Segregated Accounts | Yes |
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Operations volume based cashback |
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Basically in this type, you’ll receive cashback based on your operations volume. Based on this, you’ll generate commission to your provider. Because you’re under the FxRebate affiliate network, we’ll receive a portion of this commission and share the majority of it with you. That’s how you earn (save) money consistently, when you pay commissions to your provider.
MultiBank Group Customer Service
24-hour support
Languages: Arabic, English, Indonesian, Italian, Portuguese, Russian, Spain, Urdu, Vietnamese
Email, Phone, Live Chat
Imperial Bonus
New clients can earn up to $5,000 on their first-time deposits!
Terms & Conditions:
- The Imperial Bonus is losable and available to be used within 3 months of account opening
- This bonus is applicable to initial first-time deposits and not to further additional deposits (top ups)
- This bonus is withdrawable once the lots round-trip target is reached (please see below ‘Lots RT Target’ table)
- This bonus is non-rebate generating
- This bonus is available across all trading platforms and trading companies of MultiBank Group
- This bonus shall be automatically deducted in case withdrawals are made before the lots round-trip target is reached
100% Bonus
Earn up to $50,000 on double bonus when you deposit and meet the basic trading requirements below.
Terms & Conditions:
- The 100% Bonus is only available on the Maximus Platform
- This bonus is non-losable
- Any Account Type that receives the 100% Bonus is non-rebate generating
- The customer must make an initial deposit of $200 to receive the 100% Bonus. For further deposits (top ups) there is no minimum deposit. For example, you will earn 100% Bonus on any additional deposits
- The maximum bonus amount per customer is $50,000
- Manipulation of the system by arbitrage trading is strictly prohibited
- Trades opened and closed in less than 120 seconds are subjected to the scalping policy
- In the event withdrawals are made, the bonus will be reversed at a rate proportional to the withdrawal amount divided by the initial deposit
- You can trade on all forex pairs and gold only
20% Super Bonus
For a limited time only, any new client that opens a trading account with us can claim an additional 20% of their deposit amount when they meet the basic trading requirements below.
Terms & Conditions:
- The 20% Super Bonus is only available on the Maximus Platform
- This bonus is losable
- This bonus can be used within 3 months of account opening
- This bonus is withdrawable at a rate of $5 per 1 lot round-trip traded
- Any account that receives the 20% Super Bonus is non-rebate generating
- The maximum bonus amount per customer is $200,000
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