MultiBank Group Account Type

MultiBank Group offers a variety of trading accounts tailored to different trading styles and experience levels. The primary account types include:

• Standard Account:
• Minimum Deposit: $50
• Spread: From 1.5 pips
• Commission: No commissions
• Suitable for: Beginners looking for a low entry point.
• Pro Account:
• Minimum Deposit: $1,000
• Spread: From 0.8 pips
• Commission: Based on trading volume
• Suitable for: Experienced traders seeking tighter spreads and more advanced features.
• ECN Account:
• Minimum Deposit: $10,000
• Spread: From 0.0 pips
• Commission: $5 per lot
• Suitable for: Professional traders requiring direct market access and faster execution speeds.
• Islamic Account:
• Available for: All account types
• Features: Swap-free trading in compliance with sharia law.

MultiBank Group Broker Account Opening Process

To open an account with MultiBank Group, follow these steps:

• Visit the Website: Go to www.multibankfx.com and click on "Open Live Account".

• Select Account Type: Choose from the available account types—Standard, Pro, ECN, or Islamic.

• Fill the Registration Form: Complete the online form with accurate personal and account details.

• Upload KYC Documents: Provide necessary identification documents, such as:

• Passport or national ID
• Proof of residence (less than 3 months old)

• Make the Minimum Deposit: Fund your account through bank transfer, e-wallets, or credit/debit card, meeting the minimum deposit requirement for your selected account type.

• Account Validation and Approval: MultiBank Group will verify your documents and approve your account. You will receive your login credentials via email.

Once your account is approved, you can start trading on their platforms with access to over 20,000 instruments including forex, metals, shares, indices, commodities, and cryptocurrencies.