MultiBank FX UK Review 2021

MultiBank FX is a regulated forex and CFD broker offering sign-up deposit bonuses, tight spreads and MT4 trading.

MultiBank FX is a multiple award-winning broker that provides access to Forex, CFDs, indices, shares, commodities, cryptocurrencies. Traders that like the MetaTrader platforms can choose between both the MetaTrader4 and MetaTrader5 platforms at MultiBank FX.

MultiBank FX also gives traders access to 4 cryptocurrencies: BTC, LTC, ETH and XRP.

Careful traders will be pleased to know that MultiBank FX is licensed to provide trading services by multiple regulatory bodies, 7 in fact. Note, however, that the FCA here in the UK is not among them. Prudent traders might want the extra safety of going with an FCA-regulated broker.

MultiBank FX Summary

MultiBank FX is a regulated forex and CFD broker offering sign-up deposit bonuses, tight spreads and MT4 trading.

Ratings

90%
Trust
83%
Instruments
100%
Features
BonusNone
InstrumentsForex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Min. Deposit$50
Min. Trade0.1 lots
Regulated ByASIC, BaFin, FMA, CNMV, DFSA, FSC, CIMA
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps
Auto Trading Yes (APIs)
Trade Signals
Social Trading
Copy Trading
Islamic Account

CFD Trading

Trade contracts for difference across markets with up to 1:500 leverage.

Leverage1:500
FTSE SpreadNot offered
GBPUSD Spread0.8
Oil Spread0.03
Stocks SpreadVariable

Forex Trading

MultiBank FX offers investing in leading major, minor and exotic currency pairs.

GBPUSD Spread0.8
EURUSD Spread0.3
EURGBP Spread0.8
Assets45+

Cryptocurrency Trading

Trade a selection of the top cryptos against the US Dollar with 50% margin.

SpreadFloating
CoinsBTC, LTC, ETH, XRP

Binary Options Trading

Payout Percent

Payment Methods

MultiBank FX accepts the following payment methods:

  • Wire Transfer
  • Swift
  • Visa
  • Mastercard
  • Credit Card
  • Skrill
  • Neteller
  • Perfect Money

Awards

MultiBank FX is a multiple award-winning broker, with 6 awards received so far.

  • Best FX Service Provider 2020 - International Business Magazine
  • Best FX Customer Service 2020 - Forex Awards
  • Best Apac Region Broker 2020 - International Financial Awards
  • Best Forex & CFD Broker 2019 - Jordan Forex & Expo Awards
  • Financial Services Provider of the Year Asia 2019 - Global Brands Magazine
  • Best Forex Trading Platform Hong Kong 2018 - International Finance Magazine
Risk Warning – Your capital is at risk

FAQ

Is MultiBank FX Safe?

Yes, we have given MultiBank FX a high 90% trust score in this review and believe traders should be safe here.

Does MultiBank FX Accept PayPal?

No, MultiBank FX does not accept PayPal payments.

Is MultiBank FX Halal?

Yes, MultiBank FX does offer an Islamic trading account and should thus be Halal to trade with.

What trading platforms does MultiBank FX support?

With MultiBank FX you can trade on 2 different platforms: MetaTrader 4 and MetaTrader 5.

Is MultiBank FX Regulated?

Yes, MultiBank FX is regulated by 7 different regulators: ASIC, BaFin, FMA, CNMV, DFSA, FSC and CIMA.

The fact that MultiBank FX is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for safer options.

MultiBank FX vs Other Brokers

If you want to compare MultiBank FX with other brokers, use the detailed comparisons below.

MultiBank FX vs
MultiBank FX is a regulated forex and CFD broker offering sign-up deposit bonuses, tight spreads and MT4 trading.