Multibank Exchange Group is duly registered by the ASIC and by the BaFin in Germany and is headquartered in the British Virgin Islands. The online broker was formed by a group of professional financiers from California in 2005. Multibank Exchange Group offers its investors high leverage up to 1: 500. Given the fact that according to EU legislation the maximum leverage in Europe is 1:30, the company seeks to make money on currency swaps using the USD/EUR pair. The minimum deposit is $50. The company uses the MT 4 platform. Multibank EG also provides financial services in China and Vietnam

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  • Fouded

    2005

  • Min deposit

    50$

  • Min withdrawal

    50$

  • Withdrawal fee

    no

  • Inactivity fee

    An inactivity fee of $60 is charged from dormant accounts

  • Min bet

    0.01 lots

  • Max. leverage

    1:500

  • Withdrawal of funds

    1-5 working days

  • Asset type

    Forex, Commodities, Indices, Shares, CFDs, Crypto

  • Regulated

    BaFin, ASIC, FSC, FMA, CNMV, CIMA

  • Deposit with credit card

    Visa, Mastercard, Maestro, Bank transfer, Local Bank Transfers

  • Depositing with electronic wallet

    Neteller, Skrill, PayTrust, Perfect Money, PaymentAsia

  • Withdrawal

    Visa, Mastercard, Maestro, Bank transfer, Local Bank Transfers, Neteller, Skrill, PayTrust, Perfect Money, PaymentAsia

  • Avalaible plamform

    MultiBank Pro, Maximus, ECN PRO, MT4, MT5, Web, IOS, Android

Pros

  • Sharp adherence to regulation

    Fast account opening

    No commission deposits and withdrawal options

    Demo account

Cons

  • Proposal vary according to the entity