MultiBank Exchange Group Review

MultiBank Exchange Group Review

The multi-Bank-Exchange-group (multi-Bank), founded in 2005, is a Forex and CFD broker headquartered in Hong Kong, and regulated in Australia, the United Kingdom and the British Virgin Islands.

Are you in the process, as at the time of writing, the acquisition of a UK subsidiary that would be regulated in the UK and enjoy the Deposit protection insurance of up to £ 50,000. They also have regulated an Australian operation by the ASIC . You are one of the oldest players in online trading. They offer a trading platform that offers traders a very wide range of assets to trade spot metals, indexes, bonds, equities, and Forex currency pairs, both major and minor financial markets.

Accounts

There are four different account types to choose from in the multi-Bank-Exchange-group. The Pure ECN PRO account which allows trading with spreads from a minimum of 0.1 pips under normal market conditions, as well as the Commission. As the name suggests, is the account of the no dealing desk ECN-type.

This account is available through the MetaTrader 4 platform. The multi-Bank-account allows trading with spreads from a minimum of 0.5 pips under normal market conditions, without Commission. The Maximus MT4 account allows trading with spreads from a minimum of 1.4 pips under normal market conditions, without Commission. The account is fully STP and is on the Metatrader4 platform. The Turbo Meta MT4 account is the same, except the minimum fixed spread paint 2 pips.

A maximum leverage of 500 to 1 in Forex trading, and up to 250-1 in metals.

The various accounts are easy to understand and transparent. The main differences between the accounts are Widely used platform. All accounts offer minimum trade sizes of 1 microlot (0.01 for the full amount).

A demo account is available, as is typical for almost all spot Forex and CFD brokers.
A wide range of over 55 Forex currency pairs, spot metals (gold and silver), indexes (72, global indices), and commodities (13 different raw materials), may be traded, with the multi-Bank-Exchange-group.

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