MultiBank Group
MultiBank Group, founded in 2005, is a global financial derivatives broker providing a gateway to forex, metals, indices, shares, commodities, and cryptocurrencies CFDs.
Tags:Forex BrokerBasic Information
Full Company Name: MultiBank Group
Country: Hong Kong
Founded: 2005
Minimum Deposit: $50
Trading Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader
Minimum Trade Size: 0.01 lots
Business Model: ECN (Electronic Communication Network)
Deposit Methods: Supports multiple funding options, including credit cards, debit cards, bank wire transfers, and e-wallets (such as Skrill, Neteller)
Server Time Zone: GMT+2 (Daylight Saving Time applicable)
Email: [email protected]
Phone: +852 3704 4241
Headquarters Address: Room 2501, 25/F, Nanyang Plaza, 57 Hung To Road, Kwun Tong, Hong Kong
Regulatory Information
- Australian Securities and Investments Commission (ASIC)
- License Number: 416279
- Regulatory Details: MultiBank Group’s Australian entity is regulated by ASIC, ensuring its operations comply with Australian financial regulations.
- Financial Conduct Authority (FCA)
- License Number: 583263
- Regulatory Details: MultiBank Group is regulated by the FCA in the United Kingdom, ensuring compliance with UK financial regulations.
- Dubai Financial Services Authority (DFSA)
- License Number: F003439
- Regulatory Details: MultiBank Group’s operations in the Middle East are regulated by the DFSA, ensuring compliance with local financial regulations.
Account Types
| Account Type | Standard Account | Pro Account | ECN Account |
|---|---|---|---|
| Minimum Deposit | $50 | $1,000 | $5,000 |
| Spreads | From 1.5 pips | From 0.8 pips | From 0.1 pips |
| Commission | None | None | $3 per lot |
| Tradable Instruments | Forex, Metals, Commodities, Indices, Shares, Cryptocurrencies | Forex, Metals, Commodities, Indices, Shares, Cryptocurrencies | Forex, Metals, Commodities, Indices, Shares, Cryptocurrencies |
| Trading Platforms | MT4, MT5, WebTrader | MT4, MT5, WebTrader | MT4, MT5, WebTrader |
| Leverage | Up to 1:500 | Up to 1:500 | Up to 1:500 |
| Order Execution | Market Execution | Market Execution | Market Execution |
| Swap-Free Option | Available | Available | Available |
| Hedging Margin | 50% | 50% | 50% |
| Margin Call Level | 50% | 50% | 50% |
| Stop-Out Level | 20% | 20% | 20% |
| Minimum Trade Lot Size | 0.01 lots | 0.01 lots | 0.01 lots |
| Maximum Trade Lot Size | 50 lots | 50 lots | 50 lots |
| Maximum Number of Positions | No limit | No limit | No limit |
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