The company recently organised a gala dinner to celebrate the move to Dubai. The invite-only event brought together influential members of the trading community, giving them the opportunity to partake in MultiBank Group’s vision for the future. As a leading financial products and fintech provider, the group has experienced unprecedented growth year-on-year across all metrics and record-breaking financial results. The videos introduce beginners to price trends and how to spot them, trade them, apply risk management, and discern market noise from real price movements. I like that after covering each topic, you can practice what you have learned by taking a quiz.
Multibank Pros and Cons
- MultiBank’s global presence and ideal trading conditions make it one of the most competitive brokers around.
- MultiBank Group maintains 25+ offices worldwide catering to an international client base and partners with affiliates in major financial hubs around the world.
- For example, a long position on gold would generate profit as the price rises or incur a loss as it falls, all without the need to purchase actual gold bars.
- These allow traders to examine various market developments from different angles and to exploit the underlying trading opportunities in multiple ways.
- You can also contact this broker via email, live chat, or video conference, in addition to the dozens of phone numbers offered.
A multi-asset broker, MultiBank offers forex and CFDs through the MetaTrader platform suite (though not all markets are readily available) as well as underlying crypto assets via its regulated crypto exchange. Waqas Ali, I wanted to take a moment to express my appreciation for the outstanding professional services and customer support you provided during our recent interactions. Your responsiveness and attention to detail have greatly enhanced our experience with Multibank.Your ability to address our concerns promptly and effectively has made a significant difference. It’s reassuring to know we can rely on such dedicated support.Thank you once again for your exceptional service. I consider Multibank an appealing option for beginners and day traders seeking a wealth of educational resources and trading opportunities.
What platforms does MultiBank Group offer?
New to the platform, I sent a message and Adam gave me a quick response, I laid my complain and I was transferred to Ben, who did a wonderful job. It has been almost 24 hours trying to link my accounts, thanks I truly appreciate. MultiBank Group offers customers direct access to banks and exchanges through its advanced trading platforms. MultiBank Group is not only the most regulated financial derivatives company with more than 11 financial regulators worldwide but it has also maintained an unblemished record with all its regulators since 2005.
The industry average is between 50 milliseconds and 150 milliseconds. For the purposes of scalping, the best results can be achieved when the average execution speed falls below 50 milliseconds. Multibank does not charge deposits or withdrawals with a handling fee, though third-party banking fees may apply. The fee is applied after three months of inactivity and is charged each month until activity resumes or the account balance drops to zero. My tests indicate that Multibank charges average-to-high overnight charges.
Multibank Video Review
Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. Multibank Group has invested in developing its proprietary all-in-one Multibank-Plus platform with a simple and easy-to-use interface. It also incorporates the standard suite of MetaTrader 4 and MetaTrader 5. Joey Shadeck is a Content Strategist and Research Analyst for ForexBrokers.com.
It allows newbie traders to learn the ABCs of trading, both in theory and practice. I appreciated the availability of video content and written articles so traders could learn from multiple angles. Multibank’s guides, ebooks, and videos limefx are mostly dedicated to studying technical analysis, though other important topics, such as trading psychology, are also covered. Multibank offers trading bonuses to new and existing clients interested in trading higher volumes. Clients can get a 20% or 30% trading bonus subject to terms and conditions.
Though limefx review this broker is not cut out for total newbies, traders of most other experience levels will find MultiBank to be top-notch. Platforms like MetaTrader 4 and MetaTrader 5 have become industry standards for a positive user experience, so that bodes well for MultiBank. Additionally, the customer service offered at this broker is impressive. You can also contact this broker via email, live chat, or video conference, in addition to the dozens of phone numbers offered.