MultiBank Group

MultiBank Group

3.0 out of 5
Deep liquidity
Highest level of security
Tightest spread
Heavily regulated
ECN broker

MultiBank Group - General Information


Rebate Rates

Instruments

Account types

Maximus

MultiBank Pro

ECN Pro & MT5

Currency pairs (FX)

USD 5.00 per round turn lot

N/A

N/A

Metals

USD 4.00 per standard lot

N/A

N/A

Commodity CFDs

N/A

N/A

N/A

Equity Index CFDs

N/A

N/A

N/A

*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 Equity Index CFDs.

**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
Regulation ASIC, FSC BVI, CIMA, BaFIN, RAK, FMA, CNMV
USA Clients No
Japanese Clients Yes
European Clients No
Canadian Clients No
Banned Countries
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Regulatory Agency
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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Agency British Virgin Islands Financial Services Commission
Short Name BVIFSC
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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Account Options

Account Types Maximus, MultiBank Pro, ECN Pro, FIX API
Min Deposit 200 USD
Max Leverage 500:1
Min Trade Size 0.01 Lots
Max Trade Size 30 Lots
Spreads MultiBank Exchange Group Spreads
Spread Types Fixed Spread , Variable Spread
FX Pricing Decimals 5
Commission USD 4.00 / round turn lot for ECN Pro accounts
Rollover (Swaps) MultiBank Exchange Group Rollover (swaps)
VPS (Virtual Private Server) Yes

Trading Options
Execution Options STP
Instruments Forex, Metals, Commodity CFDs, Equity Index CFDs, Treasury Bonds, Cryptocurrencies
OCO Orders No
Trailing Stops Yes
One Click Trading Yes
Scalping Allowed Yes
Hedging Allowed Yes
News Trading Allowed Yes
Expert Advisors Allowed Yes
Islamic Accounts Yes

Platforms Supported

Trading Platforms MT4, MT4 WebTrader, Mobile
Mobile Support MT4 Android, MT4 iOS (iPhone/iPad)
Trading API Yes
Managed Accounts Featured Yes
MAMM/PAMM Platform Option Yes
MAMM/PAMM Leaderboard Yes
Trading Platform Time UTC +01:00
Observe DST Change Yes
DST Change Timezone Eastern Standard Time (EST)
Non-expiring Demo Yes

Funding Information

Deposit Methods Bank Wire, Credit/ Debit Card, Neteller, Skrill, PayTrust, PerfectMoney, Help2pay
Withdrawal Methods Bank Wire, Credit/ Debit Card, Neteller, Skrill, PayTrust
Broker to Broker Transfer Yes
Account Currency EUR, USD, GBP, AUD, JPY
Client Funds Bank National Australia Bank, Barclays Bank, BMO Harris Bank
Interest Bearing Accounts No
Government Enforced Segregated Accounts Yes


Trading Volume based cashback

Basically in this type, you’ll receive cashback based on your trading volume. Based on this, you’ll generate commission to your provider (broker, exchange, crypto exchange, etc.). 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 money consistently, when you pay commission to your provider.

Example: You traded 30 lots on the forex market in EUR/USD at your broker. You paid $300 in spreads and commissions for these trades. FxRebate receives $100 of this commission. Based on your rebate rate agreement you’ll receive between $70 - $85 as cashback to your FxRebate account.

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Ratings

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Regulator Rating:

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MultiBank Group Customer Service

 24-hour support

 Languages: Arabic, English, Indonesian, Italian, Portuguese, Russian, Spain, Urdu, Vietnamese

 Email, Phone, Live Chat

MultiBank Exchange Group Contact


Broker

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

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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

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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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