Home / Reviews / MultiBank Group / Accounts
MultiBank Group accounts and how they score
Account range and entry terms feed the rating. Here are MultiBank Group's accounts and the facts the score is built on.
Facts last checked . Read the full MultiBank Group review.
Accounts
- Minimum deposit
- $50
- Account types
- Standard, Pro, ECN, Islamic, Demo
- Account currencies
- USD, GBP, EUR, JPY, CHF, AUD, NZD, CAD
- Islamic account
- Yes
- Demo account
- Yes
- Professional account
- Yes
- Minimum trade size
- 0.01 lots
- Time to open
- Approx. 2 minutes
What this means
MultiBank Group runs 5 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.
Base currencies: USD, GBP, EUR, JPY, CHF, AUD, NZD, CAD. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.
The smallest position is 0.01 lots. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.
A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.
Questions about MultiBank Group accounts
What account types does MultiBank Group offer?
MultiBank Group offers 5 account types: Standard, Pro, ECN, Islamic, Demo.
What is the minimum deposit at MultiBank Group?
The minimum deposit at MultiBank Group is $50. It can differ by account type and by the entity you register with.
Does MultiBank Group offer an Islamic account?
Yes. MultiBank Group offers a swap-free account for clients who need one.
Accounts at brokers under the same regulator
- Plus500 accounts also licensed by ASIC
- ThinkMarkets accounts also licensed by ASIC
- Eightcap accounts also licensed by ASIC
- TMGM accounts also licensed by ASIC
- FP Markets accounts also licensed by ASIC