Analysis on MultiBank
➡️ In this section we will analyze MultiBank (also called with the name: multibank.com), A Forex, Cryptocurrency and CFD broker. Is MultiBank really recommended to make an investment? Is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it. ✅
Now, you can find the following: opinions about MultiBank ✅, claims, complaints, experiences, analysis of the most important characteristics of this company (updated 2022), and most importantly: Is MultiBank a safe site? ⛔ Can we trust this company? ✅ Will we be able to withdraw our money? All this and more in this review about this investment company.
️️ Essential information: Who does it belong to? Where is located? Is it a regulated broker?
- ❌ MultiBank mentions being part of MEX Group Worldwide Limited.
- ❌ Regarding its location, the company is based in Hong Kong.
- ❌ If we analyze its security, we observe that MultiBank does not have any type of regulation.
⚠ ATTENTION: MultiBank is a broker NOT REGULATED. ⚠
📌 Remember: the best option (and the safest) are the regulated brokers, as they must meet very strict requirements. Working with an unregulated broker is very risky. 📌
Account types | Investment platform
Now we go on to analyze the account types that MultiBank offers, in this case, we observe that it offers 3 different types of account:
- Standard Account: minimum initial deposit $ 50, spreads from 1.4 pips, leverage up to 1:500, technical support 24/6.
- Pro Account: minimum initial deposit $ 1.000, spreads from 0.8 pips, leverage up to 1:500, technical support 24/6.
- ECN account: minimum initial deposit $ 5.000, spreads from 0.0 pips, leverage up to 1:500, technical support 24/6.
The platform to operate that MultiBank offers is: MetaTrader 4 and MetaTrader 5.
Resources | Website
Here we will examine the different resources and aids for the trader that MultiBank provides on its website. We believe that the resources and help provided on the website can be a great advantage for the broker.
MultiBank provides the following help or resources to traders or interested parties: a brief explanation of the services it offers, market news and analysis, economic calendar, frequently asked questions section, not much else.
ℹ Another Mavenir's customer information about MultiBank ℹ
🔻 We will leave you some more information in case you want to contact the company, or see its website for yourself. 🔻
- 🌏 Website: multibankfx.com
- 📞 Telephone number: varies by customer location
- 📧 Email: [email protected]
Maybe you wonder why we review MultiBank. We make this review and assessment, because we receive different messages and comments asking for the reliability of the company in question. We like to think that our reviews page help investors, providing key information about the company, we disclose information that every investor should know before you are inclined or not, by investing with a company of investment.
You're a representative of this company? We recommend you leave a comment responding to customer concerns.
Valuation on MultiBank
Ending with this section, in our opinion: Do we believe that the MultiBank company is reliable? Should you invest your money with the company? Are they a recommended company? ⭐ Analysis of 2022 ⭐
❌ After having examined the company, we recommend caution. It is a illegal company, that is, it does not have the necessary authorizations to operate as a company. We suspect that it may be a company with which you will have problems to be able to withdraw your money, they seem to be unreliable.
In addition to this, it is a very little transparent, since it does not offer legal information, it does not show data about its registration and it also lacks regulation (unregulated company).
❌ All these characteristics make us think that they are a very unserious and dangerous company to send money.
⚠ A pocas palabras: It doesn't seem like a good idea, we suggest using caution. ⚠
Our advice: we always recommend working only with duly regulated companies, Isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest? Why invest with an unregulated or poorly regulated broker, when you can invest with a broker regulated by a serious regulator?
📌 Don't forget: one of the few measures that assure customers' money is the broker regulationIn other words, it is probably the most important feature of any broker; HAVE GOOD REGULATION. Good regulation means that there is a authority to which, in case of misunderstandings or problems, customers can file a complaint. 📌
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, too leave a comment on our website with your experience with this broker.
🔻🔻 We leave a vote open so that traders, clients and users of the broker can vote. 🔻🔻