The table demonstrates how much you would have to pay to trade 1 full lot (100,000 units) in EUR/USD with a pip value of $10 for each account. The Client Agreement is pretty extensive and includes all essential information. To learn more about using MT4 or MT5 on your mobile device, read our MetaTrader guide or our MetaTrader 5 guide. Use our country selector tool to view available brokers in your country. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.
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- This platform has been exceptional, with no withdrawal issues or complications of any kind in my five years of trading experience here.
- I performed my tests on a Pro trading account using the desktop and mobile app versions of MetaTrader 5.
- Multibank’s guides, ebooks, and videos are mostly dedicated to studying technical analysis, though other important topics, such as trading psychology, are also covered.
- Got fast and accurate help from Ben at MultiBank when I had problems connecting MT5 to my trading account.Ben solved it quickly while we were still in the chat.
- Multibank Group has invested in developing its proprietary all-in-one Multibank-Plus platform with a simple and easy-to-use interface.
- It is one of the most rigorously regulated brokers I have ever reviewed, with a strict commitment to transparency.
An ECN account is best-suited for traders looking for raw spreads and instant execution. The Pro account is suitable for traders looking to take advantage of zero commissions, tight spreads, and instant execution. The ebooks also have a heavy emphasis on the study of technical analysis but also focus on the psychology of trading. My biggest issue was setting up a demo account due to the broker’s KYC policy.
My Key Takeaways After Testing the MetaTrader 5 Platform
Everything perfect,I ben assisted by Oscar and honestly It looks amazing, lot of trades i know use this broker and they get good results. MultiBank Group maintains 25+ offices worldwide catering to an international client base and partners with affiliates in major financial hubs around the world. Join MultiBank Group’s network of over 30,000 Introducing Brokers and enjoy the highest levels of personalized customer care.
Is MultiBank’s 20% deposit bonus legit?
Please note that while the broker does not charge a handling fee for deposits or withdrawals, third-party banking fees may apply, subject to the chosen payment method. When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. Multibank stands out with its impressive range of more than 20,000 tradable instruments. The bulk of the offering is comprised of share CFDs and a fairly large selection of cryptocurrencies. With respect to contract types, Multibank’s instruments can be traded on the spot market or through futures contracts.
Yes, deposit bonuses offered by MultiBank Group are legit, but that doesn’t necessarily mean you’ll be able to redeem them. Such bonuses come with steep volume requirements that must be met before redemption is allowed, and it’s possible for your losses to far offset the amount promised by the bonus. Always read the fine print, and make sure that you fully understand the terms and conditions of any promotional offerings – especially in the case of forex deposit bonuses. Since then, we have evolved into one of the largest financial derivatives companies worldwide, with a current paid-up capital of over $322 million.
The chart screen is a platform’s key feature, crucial for technical analysis through price action overview. It offers numerous analytical tools and configuration options for comprehensive examination. The ease of scaling price action is, in my experience, limefx forex broker its most critical aspect.
An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. MultiBank Group now boasts a daily trading volume in excess of $12.1 billion a limefx courses scam day and provides services to an extensive client base of more than 1,000,000 customers from across 100 countries over five continents.