Multi Stock Trading Forex broker specializes in providing foreign exchange trading services, the company's official website https://my.multistocktrading.com/en/auth/register?returnUrl=%2Fdashboard, the company's legitimate regulatory information CyprusCYSECCommon Business Registration, to enhance the security of the company's address Moheli Corporate Services Ltd, P.B. 1257, Bonovo Road, Fomboni, Island of Moheli, Comoros..
Multi Stock Trading Forex Broker
Basic information
Cyprus
2-5 years Regulated in Cyprus Common Business Registration MT5 Full License Regional Brokers Suspicious Overrun Medium potential riskCompany profile
Note: Multi Stock Trading's official website - https://multistockspanading.com/ is currently inaccessible normally.
Multi Stock Trading was registered in Cyprus in 2021, offering trading in forex currency pairs, commodities, cryptocurrencies, indices, metals, energies, and stocks with leverage up to 1:100 via the MT5 platform. The minimum deposit requirement is only $50.
Pros and Cons
| Pros | Cons |
| Diverse market instruments | Unavailable website |
| Demo accounts | Exceeded CySEC license |
| Multiple account types | Commission charged |
| Support MT5 | |
| Social trading | |
| Low minimum deposit | |
| Multiple payment options |
Is Multi Stock Trading Legit?
No. Multi Stock Trading currently has no valid regulations. It only holds an exceeded Cyprus Securities and Exchange Commission (CYSEC) license.
| Regulatory Agency | Cyprus Securities and Exchange Commission (CYSEC) |
|---|---|
| Regulatory Status | Exceeded |
| Regulated by | Cyprus |
| Licensed Institution | Multi-Stock Trading LLC |
| Licensed Type | Common Business Registration |
| Licensed Number | 3673 |
What Can I Trade on Multi Stock Trading?
Multi Stock Trading advertises that it offers access to a rich variety of CFD instruments, including Forex, Metals, Commodities, Indices, Shares, Energy, Cryptocurrencies, and Stocks.
| Tradable Instruments | Supported |
| Forex currency pairs | ✔ |
| Commodities | ✔ |
| Cryptocurrencies | ✔ |
| Indices | ✔ |
| Metals | ✔ |
| Energies | ✔ |
| Stocks | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
| Account Type | Min Deposit |
| ECN Platinum | $50 |
| Islamic | $50 |
| Standard | $50 |
| ECN | $500 |
| Pro | $2,000 |
Leverage
Multi Stock Trading offers leverage up to 1:1000 for all account types, which can potentially bring high returns, but it also comes with high risks.
Commission
The commission offered by Multi Stock Trading is said to be 1 for all account types.
Trading Platform
The platform available for trading at Multi Stock Trading is one of the most notable and preferred trading platforms the market offers - MetaTrader5 for Windows, Mac, Android and iOS. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality, offering top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Windows, Mac, Android and iOS | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
From the logos shown at the foot of the home page on Multi Stock Tradings official website, we found that this broker seems to accept numerous means of deposit and withdrawal choices, consisting of Bitcoin, Fasapay, Neteller, PayTrust, Skrill, Tether and THUNDERX PAY. The minimum initial deposit requirement is said to be only $50.
Rating Index
PRO ACCOUNT
STANDARD ACCOUNT
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Latest Reviews
mqtttt
Vietnam
Unable to access the website
Exposure
2024-12-21
Kiki_k
Vietnam
Customer service has not responded and the official website cannot be accessed.
Exposure
2024-12-14
Ythien
Vietnam
Unreliable exchange. Deducts unreasonable fees and does not allow withdrawals.
Exposure
2024-12-23