To chat with a customer care representative, use the ‘chat now’ button to pull up the instant web chat window. You can also connect with the broker on social media; Facebook, twitter, YouTube, LinkedIn and Instagram. I have always found support easy to deal with and wouldn’t have any issue reaching out to them again in the future.
MultiBank does not accept clients from USA or other areas where its services contravene the local laws. If you discover that you cannot open an account with the broker for whatever reason, please feel free to browse our broker ratings for an alternative option. Multibank’s research content caters to the needs of day traders and swing traders. The scope of its market breakdowns and trading signals varies but usually covers opportunities lasting from several hours to several days. I found those highly practical for traders seeking to exploit shorter-term trading opportunities.
This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
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. I had difficulty completing KYC registration, hence I could not access withdrawal easily.
They have a team of well-trained and multilingual professionals who are available 24-hours and fluent in over 10 languages. The multilingual customer support team at Multibank operates on a 24/5 schedule. Over 40 customer support phone lines are listed for different countries. If you wish to receive a phone call, just fill the ‘Get a call back’ form which is available on every web page. There is also a ‘Request a video conference’ form on the contact us page.
There are several features offered at MultiBank that clue you in as to this broker’s target customers. At MultiBank Group, the educational tools are light, so complete novices might find it a little difficult to get going. However, that’s not to say that you need to be a seasoned pro to join this broker. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.
MultiBank Commission & Fees
Customer service is very prompt and proactive in dealing with client limefx scam concerns and immediately address the issue. MultiBank FX offers a mobile trading App available on iOS and Android devices. The App is easy to download and easy-to-use, making trading on the move simple. Compare the markets and instruments offered by MultiBank FX and its competitors. Please note, some markets may only be available via CFDs or other derivatives.
Is Multibank suitable for automated trading?
That is why traders must familiarize themselves with the safety mechanisms ensured by the entity they want to open an account. Brokers operate multiple entities because it allows them to serve clients worldwide. However, licenses obtained by regulators in different jurisdictions do not always entail the same degree of protection.
TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for.
- Most traders will be able to satisfy this step by sending a copy of their ID and one proof of residency document.
- We have over 20 years of experience when it comes to trading online so we know what to look for.
- MultiBank was set up in the US all the way back in 2005 under the name MultiBank Forex Exchange Corporation.
- Multibank’s research content caters to the needs of day traders and swing traders.
- Making its entire range of markets available by default and adding more educational and research content would help to balance MultiBank’s overall offering.
Users can trade Shares, Indices, Commodities and Cryptocurrencies with no overnight charges. Also, clients can follow MultiBank Group on social media channels, such limefx reviews as LinkedIn, Facebook, Instagram, Twitter, YouTube, and Snapchat. When opening a trading account with MultiBank FX, users can benefit from a 20% bonus of up to $40,000 on top of their deposit.
When I did invest more, the service was exactly the same and none of the advantages that were promised. During all of this time, I was dealing with Customer Services and it would appear other departments. Any questions I raised were never answered and I was sent numerous contradictory messages regarding refunds. I have now closed all communication with Multibank, but remain at a loss of full refund through the incompetancy of the organization.
What Can You Trade With Multibank?
It accommodates the needs of those interested in copy trading, automated trading, day trading, and more. Features like Social Trading allow traders to “invest smarter.” You can copy the trades of profitable, consistent traders. Traders who act as Signal Providers can scale their income, earning extra money when investors copy their account and trading moves. Social Trading indicates that this broker works with both sides of the spectrum, experienced and new(ish).
Does MultiBank Group offer a demo account?
Most videos are dedicated to the study of technical analysis and are available from the client area. Hosted by market expert Martin Pring, the videos cover a wide range of topics pertaining to price action examination. 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.
We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation. When trading at that volume, you can easily end up earning (or losing) far more than the initial deposit bonus amount. The spread you’d end up paying to trade eight million units of currency will end up being greater than the deposit bonus. MultiBank Group does not rank highly in this category, due to the lack of any significant in-house or third-party research content. For the most part, the broker’s research offering is limited to a weekly newsletter and news headlines within its platforms.