In this section We will analyze the MULTIBANK broker (also called es.multibankfx.com or Multibank LATAM or multibanklatam.com), is a Forex and CFD broker. Is MULTIBANK really recommended for making an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.
➡️ In this section you can find: opinions about MULTIBANK ✅, claims eexperiences , ananalysis 📊 of the most important characteristics of this company (updated 2021), and most importantly: Is MULTIBANK ⚠️ a safe broker? ⛔ Can we trust this company? ✅ Will we be able to withdraw our money? All this and more in this review on this investment company.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: MEX Group Worldwide Limited, MULTIBANK FX INTERNATIONAL CORPORATION and MEX AUSTRALIA PTY LTD.
As to its location, The broker mentions being based in: they mention being based in Australia and the British Virgin Islands, so, depending on your location, you will be working with a company based in Australia or in the British Virgin Islands, we recommend asking this with your contact person of Multibank.
If we analyze the regulation of the broker: it is regulated in Australia (normal regulation in our opinion) or in the British Virgin Islands (bad regulation), depending on the location of the client.
If now we go on to analyze account types offered by MULTIBANK, we note that they offer 4 different types of account / plans: the Standart Account, the Silver Account, the Gold Account and the VIP Account. We leave an image with a little information about each type of account.
Standart Account: minimum initial deposit of $ 1.000, support 24 hours 5 days a week, bonus of up to 25% of the deposit, initial follow-up algorithm, 5 trading signals per week, basic training.
Silver Account: minimum initial deposit of $ 5.000, support 24 hours 5 days a week, bonus of up to 35% of the deposit, leverage of up to 1:30, 10 trading signals per week, advanced training.
Gold Account- Minimum initial deposit of $ 10.000, all available trading instruments, 24/5 support, up to 50% deposit bonus, up to 1:50 leverage, 15 trading signals per week.
VIP account- Minimum initial deposit of $ 50.000, all available trading instruments, 24/5 support, up to 100% deposit bonus, up to 1:100 leverage, 20 trading signals per week.
In the following image you can have more information about the types of account. Click here to see the image in full size.
Las platforms to operate that MULTIBANK offers are: we believe that the MT4 platform.
We will now analyze the different resources and aids for traders that MULTIBANK provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
MULTIBANK provides the following help or resources to traders or interested parties: explanation of some basic concepts of the world of trading, explanation of the products that Multibank offers, not much more than this.
| Other information about MULTIBANK |
Some more information in case you want to contact the company, or see its website for yourself.
Phone number: +54 1152357046 (Argentina), +56 22 570 8706 (Chile), +57 1 486 4861 (Colombia), +34 931 220 671 (Spain), +52 558 880 8058 (Mexico) and +52 811 769 5089 ( Mexico)
You might be wondering why we are reviewing MULTIBANK. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
>>> 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?
The truth is that, we believe that it is better to be careful because: it is a regulated broker in safe countries, but at the same time not, this depending on the client's location, depending on the client's location, it has a base in unsafe countries (Islands Cayman, British Virgin Islands). We suggest using caution.
We always recommend working only with properly 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?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
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, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.