MultiBank Group trading conditions

MultiBank Group trading conditions

Trading conditions vary by account, platform, legal entity and client classification. The figures below reflect the latest information available to 88 Forex Brokers and should be confirmed before trading.

Spreads and commissions

MultiBank Group advertises spreads from 0.0 pips on Standard. The stated commission is $3 per side / $6 round turn, ECN. Typical or live pricing may be higher than the advertised minimum, particularly outside liquid trading hours or during volatile markets.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

MultiBank Group lists a minimum deposit of $50. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Spread type

Variable

EUR/USD average spread

Approx. 0.1 pips, ECN

GBP/USD average spread

Approx. 0.4 pips, ECN

Commission

$3 per side / $6 round turn, ECN

All-in cost, EUR/USD

Approx. 0.7 pips

Leverage and margin

Maximum leverage is reported as 1:30, although the available limit depends on the account entity, instrument, client classification and local rules. Higher leverage increases both potential gains and losses and can lead to rapid account depletion.

Execution model

MultiBank Group describes its execution model as ECN / Non-Dealing Desk market execution. The available information indicates an average execution speed of Under 20ms, order types of Market, limit, stop, stop-loss, take-profit, trailing stop and servers in Global financial data centres including London and New York. Execution labels are not standardised across the industry, so review the order-execution policy and conflict disclosures rather than relying on a single term.

Trading rules

Expert advisers

Yes; unrestricted EAs, automated trading and VPS

Copy trading

Yes, Social Trading

Negative balance protection

Yes

Scalping, Hedging, Stop-out level and Guaranteed stop loss: the broker does not publish enough information for us to confirm this trading condition.

Account terms may differ by entity and country.