✅MultiBank Broker Review | Scam Status :✅Safety

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Product is rated as #7 in category Broker
Trading Conditions10
Trust Rating10
Trading Fee5
Deposits and Withdrawal10
Customer Service10
APP10
User friendly6

MultiBank Financial Bank provides a well-regulated trading platform and spreads, and has multi-country supervision, which basically ensures that your capital is generally recognized as safe on this trading platform. The only drawback is that it must be conservative in innovation in order to comply with supervision. Concessions have also led to the fact that although they are ahead of their competitors in the early trading interface, emerging competitors also provide better customer experience. However, MultiBank Chase Financial Bank is rushing to catch up with these competitors. By focusing on customer experience as a priority, the platform provides excellent Customer service.

The platform is suitable for traders who have been trading for many years, and is suitable for medium and long-term investment advice, and because the platform has restrictions on scalping banned, this trader is suitable for companies to invest in hedging transactions as a hedge market A volatile trading broker

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MultiBank Chase Bank Financial Group was founded in 2005 in the United States as one of the first into the electronic trading broker trading platform, the company’s core business is the early leader in the industry of electronic trading model, you can trade a range of financial products, such as foreign exchange, stock ,Metal,
Commodity and index CFDs, the company’s daily trading volume exceeds 6.2 billion US dollars, involving 320,000 customers from 90 countries.

What is MultiBank Group ?

MultiBank Group and its subsidiaries are regulated by the Austrian Financial Market Authority (“FMA”),
German Federal Financial Supervisory Authority (“BaFin”), Australian Securities and Investments Commission (“ASIC”), British Virgin Islands Financial Services Commission (“FSC”), Spanish National Securities Market Commission (“CNMV”), UAE Ma Kok Free Trade Zone (“RAK”) and Cayman Islands Monetary Authority (“CIMA”).
.

The Group and its subsidiaries are licensed and regulated globally through relevant institutions such as Australia ASIC, Germany BaFin, Austria FMA, Spain CNMV, British Virgin Islands FSC, Cayman Islands CIMA and UAE RAK. This means that customers can trade with confidence, while enjoying complete financial security, including isolation account to provide the most favorable trading conditions and avoid injuries account warehouse explosion generated, providing up to 500, including more than 1,000 kinds of products: 1 leverage Rate, the lowest spread from 0.1 pips and 100% ECN platform.

MultiBank Awards Safe or a scam or Awards Safely ?

We have checked that MultiBank Group is subject to national/regional and government regulations, so it is also suitable for safe transactions and negative balance protection. Therefore, if your loss exceeds your deposit, your loss of funds will not exceed your own capital, if In the event of certain uncontrollable market risks, you will not need to pay additional losses in excess of the principal

NFA(USA):Company Registration Number:0486419
ASIC(AUS):Company Registration Number:416279
FMA(AT):Company Registration Number:491129z
BaFIN(GER):Company Registration Number:HRB 73406
CySEC(EU):Company Registration Number:199/13 300153
FSC(Mauritius):Company Registration Number:SIBA/L/14/1068
DFSA (UAE):Company Registration Number:F004403

Leverage

CySEC (EU) & FCA(UK) & ASIC(AUS):

  • x30 for major currency pairs
  • x10 for commodities
  • x5 for CFD stocks
  • x2 for Crypto currencies

SCB (Panama) FSC (Mauritius)

  • x500 for major currency pairs
  • x100 for commodities
  • x20 for CFD stocks & ETF
  • x5 for Crypto currencies

Trading fees

Classic accountVIP accountRaw account
SpreadFrom 1.4From 0.8From 0.0
fee$0 in all foreign exchange trading
$2 trade on all indices
0.15% in stock CFD trading
$0 in all foreign exchange trading
$0 trade on all indices
0.15% in stock CFD trading
$5 trade on all indices
$2 trade on all indices
0.15% in stock CFD trading
Deposits Fee0$0$0$
The minimum deposit amount20010005000

Deposit and withdrawal fees

MultiBank Deposits and Withdrawal
MultiBank Deposits and Withdrawal

Minimum deposit :200 $ fee are 0 %

The main deposit options are Visa and Master Card, if you are an Australian citizen / residents may consider using residents POLi Pay, China and Hong Kong, Macao UnionPay card, MultiBank special support for access to payment way South Asian users, provided, AwePay and Thunder X Pay.

list of support deposit:

withdrawal are spend 2~8 days by wire transfer
withdrawal are spend 3~5 days by Credit card depend bank working days

Trading platform

Trading interface UI

MultiBank Trading Platform
MultiBank Trading Platform

MultiBank Provides a self-developed trading platform interface, which is simple and easy to use and provides more than 1,000 CFD stocks of listed companies for trading. At the same time, MultiBank also develops its own mobile application to provide other options besides MT4 and MT5, although most people still choose MT series But this shows that the company is striving to innovate into the novice market that is easier to get started.

Copy trading

MultiBank Copy trading system
MultiBank Copy trading system

MultiBank brokers are one of the few brokers that provide complete copy trading from the platform. You can see them at a glance through a series of charts and copy investors at the right time. If you don’t know how to trade, it is best to try their Social Trading copy trading. , You don’t have to spend time on your own researching market investment, but by choosing trustworthy investors to complete the growth of your assets.

Customer Service

MultiBank  customer Support language
MultiBank customer Support language

Different from other trading brokers, this dealer provides a particularly complete customer service phone, which is convenient for customers to solve problems in the first time.

The following customer service methods are provided, and you can obtain customer service support through the following services:

  • Email
  • Phone 1 by 1 service
  • Web Live Chat

Support language:

  • English
  • Español
  • русский
  • العربية
  • Việt Nam
  • Bahasa
  • Indonesia
  • Bahasa
  • Melayu
  • Français
  • ไทย
  • 繁體中文

Research Conclusion

MultiBank Customer Service
MultiBank Customer Service

Provide the most real-time market news, you can quickly filter to find the key news of the day through the filter, although the dealer does not provide a complete automatic trading signal, you need to filter useful market trading information from the news, but it does not provide trading ideas Or trading signal data, you can add additional tools, but you need to pay.

conclusion

MultiBank Financial Bank provides a well-regulated trading platform and spreads, and has multi-country supervision, which basically ensures that your capital is generally recognized as safe on this trading platform. The only drawback is that it must be conservative in innovation in order to comply with supervision. Concessions have also led to the fact that although they are ahead of their competitors in the early trading interface, emerging competitors also provide better customer experience. However, MultiBank Chase Financial Bank is rushing to catch up with these competitors. By focusing on customer experience as a priority, the platform provides excellent Customer service.

This platform is suitable for traders who have been trading for many years, and is suitable for medium and long-term investment advice, and because the platform has restrictions on scalping transactions, this trader is suitable for companies to hedge against market fluctuations for safe-haven trading investments. Broker

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Trading Conditions
7
Trading Fee
9
Trust Rating
8
Deposits and Withdrawal
10
Customer Service
10
APP
7
User friendly
7.5
PROS:
  • Various deposits way
  • Support Copy Trade
  • Fully and Free education
  • Free VPS
CONS:
  • Only English education
  • less CFD stocks
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Since the beginning of XM in 2009, over 2,500,000 customers have been registered with the company. This allowed XM to become a large and recognizable investment company and take a leading position in the industry. Today, over 450 specialists with rich experience in finance work in XM.

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XM offer low spread and more 25 language service support  ,No re-requotes and no hidden fees or commissions policy, as well Negative balance protection, brings very comfortable as well the strict real-time market execution policy, making XM very welcomed among trading offering. So one of the most generous proposals in terms of costs, trading conditions and opportunities overall, makes XM a truly human broker.
Trading Conditions
8
Trading Fee
10
Trust Rating
5
Deposits and Withdrawal
10
Customer Service
5
APP
7
User friendly
7.5
PROS:
  • Free online course
  • Create multiple sub account
  • Low withdraw fee
  • Availability of Live Chat
  • Customer-friendly layout
  • Supporting Android and iOS
  • Copytrading
CONS:
  • Only MT4 MT5
  • less ETF stock
  • High Indices spread
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OctaFx Started since 2011 offer Forex trading investment is kind new brand of forex trader in market , unfortunately  and fortunately  under CySEC(EU) regulation therefore only offer low leverage Forex trading , which is limit risk for client for beginner there so important to learn and use to in low leverage

More details +
Broker with a good reputation among years of operations and regulatory obligations imposed by the CySEC
Trading Conditions
8
Trading Fee
8
Trust Rating
7
Deposits and Withdrawal
10
Customer Service
9
APP
7
User friendly
7
PROS:
  • 0$ Withdrawal fee
  • Micro Lot trading available
  • Price alerts and push notifications
  • Fee Report
CONS:
  • Inactivity fee
  • High Indices spread
  • Limited deposit and withdrawal option for European clients
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BDSwiss DB Switzerland is a trading platform established in 2013. It is headquartered in Zurich, Switzerland. It currently has more than 1.5 million members distributed in more than 180 countries around the world. The main source of customers is Europe and currently has offices in the following overseas locations. Investors can The following locations obtain services nearby, including Berlin-Germany, Kuala Lumpur-Malaysia, Tirana-Albania, Pristina-Kosovo and other countries. But the scale is not large, there are only a few about 100 stocks. The main trading product is low-spread foreign exchange trading. Founded in Switzerland, it is a law and system trusted by many countries around the world. Choosing BDSwiss is nothing more than caring about capital. Safely and honestly provide transaction quotations and therefore are trusted by customers from all over the world

More details +
Compared with most trading platforms only provide MT4 or MT5, or some traders only provide their own trading platforms, they also provide two solutions for investors to trade. In addition to a large number of support tools, it also includes online instant customer service. It is very rare that brokers must put in a lot of effort in order to provide excellent services in addition to charging low transaction fees.However, BDSwiss has done it and will not charge additional fees.In addition, the cost of setting up a company in Switzerland is so high. Many trading platforms set their headquarters in a third country. The difference is that this broker chose to stay in Switzerland in order to win the trust of customers and the safety of customers’ funds. If you have a higher demand for security, we think it is worth choosing.
Trading Conditions
10
Trading Fee
10
Trust Rating
8.5
Deposits and Withdrawal
8.5
Customer Service
8
APP
10
User friendly
10
PROS:
  • Excellent trading app
  • Friendly novice guide
  • Smooth official website
  • Multinational supervision
  • Live chat
CONS:
  • A few stocks
  • Limited product portfolio
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Alpari's starting point is in Russia, and then several founders have established operations in the United States, United Kingdom and Russia. Among them, the founder who developed in Russia founded Alpari Limited in Saint Vincent. In 2015, after the Swiss franc incident, Alpari's UK went bankrupt, and the trademark and domain name were acquired by the Russian founder. Alpari's domain name was then transferred to Alpari Limited. At this point, the British Avery completely disappeared, leaving only a new Alpari just created.

More details +
Alpari has done a great job in simplifying the registration process, so users can easily select the five available account types during the registration process. There are three different account options for MT4, and two different account options for MT5. When considering the market scope of Alpari, execution types and applicable spreads, traders have many options.Although brokers implement supervision in large jurisdictions such as Russia, if Alpari obtains regulatory approvals in major financial markets, trust will be greatly improved. Alpari once owned US-regulated entities and British-regulated entities in the past, although the former was closed when the U.S. foreign exchange market was consolidated, while the latter went bankrupt during the 2015 Swiss franc crisis.Overall, Alpari provides traders with a low deposit threshold and competitive spreads for multiple account types. Investors who prefer passive trading can purchase a PAMM portfolio. Cryptocurrency CFDs are also a good advantage for Alpari.
Trading Conditions
6
Trading Fee
10
Trust Rating
7
Deposits and Withdrawal
5
Customer Service
6
APP
8.5
User friendly
5
PROS:
  • high Leverage can use
  • support CopyTrading
  • APP support
CONS:
  • Poor education
  • No support Web Trading
  • high deposit and withdraw fee

Reference

MultiBank WIKI

MT4 & MT5 trading platform

7.6Expert Score
The broker is suitable for enterprises to hedge against market fluctuations as a trading broker for hedging trading investments
MultiBank Financial Bank provides a well-regulated trading platform and spreads, and has multi-country supervision, which basically ensures that your capital is generally recognized as safe on this trading platform. The only drawback is that it must be conservative in innovation in order to comply with supervision. Concessions have also led to the fact that although they are ahead of their competitors in the early trading interface, emerging competitors also provide better customer experience. However, MultiBank Chase Financial Bank is rushing to catch up with these competitors. By focusing on customer experience as a priority, the platform provides excellent Customer service.
Trading Conditions
10
Trust Rating
10
Trading Fee
5
Deposits and Withdrawal
10
Customer Service
10
APP
10
User friendly
6
PROS
  • Excellent customer service
  • Excellent trading interface
  • Multinational supervision regulation
  • High financial security
CONS
  • Lack of trading signals
  • No novice teaching
  • Prohibition of scalping trade

Specification: ✅MultiBank Broker Review | Scam Status :✅Safety

CopyTrading

yes

Trading platform

Self-Dev-platform

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✅MultiBank Broker Review | Scam Status :✅Safety
✅MultiBank Broker Review | Scam Status :✅Safety
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