Minimum deposit amount is $50
MultiBank Group's platforms operate during standard interbank forex market trading hours opening at 00:00 GMT+2 time on Monday and closing at 23:59 GMT+2 time on Friday. One of the advantages of these time settings is that the charts on our platforms can be viewed in a standard 5 trading-day week for the most accurate analysis and easier reporting.
Margin trading can be a useful method to boost your equity, enabling you to make profits without having to increase your deposits. Margin trading also comes a risk of you sustaining losses in excess of your deposited funds. Please refer to specific risk warning for each regulated entity during the account opening process.
MultiBank Group’s trading platforms are set to close open positions when the stop-out level is reached. When the equity in trading account falls below 100% of the required margin you will automatically receive a margin call notification by email. If your equity drops beneath 50% of your margin requirement our systems will start closing your positions. It is your responsibility to have enough funds on your account to fully cover the margin requirement of your open positions.
Please note that the stop out level may vary according to the country of residency. For further information please contact our customer service department.
Restricted by market depth and for risk control, Maximum Lots per Click and Maximum Open Positions are as follows
per Click (XAU)
per Click (FX)
per Click (CFDs)
*“The maximum lots per click and maximum open positions vary according to the country of residency”
Clients shall calculate the account equity when reaching the pending order price, to maintain required real-time margin for the execution of pending orders. While pending orders would be automatically cancelled if the margin level is not enough for the execution of the transaction when the price level has been reached.
Hedging positions (trading long and short on the same instrument) is enabled on MultiBank’s trading platforms. Customers can choose whether to execute a hedged position which reduces the margin requirements.
Holding a hedged position does not lock in the profit/loss or guarantee the equity in the account. Hedged positions will continue to be subject to swap rates.
Open positions on hedged accounts may be closed in the event of spread widening due to thin liquidity and/or when the equity of the account reaches the stop out level.