Trading Conditions
Enjoy the best trading conditions in the industry for products including forex, metals, shares, indices, commodities, cryptocurrencies and more!
Account Base Currencies
- USD, GBP, EUR, CHF, AUD, NZD, CAD
- MultiBank Group’s platforms operate during standard interbank forex market trading hours opening at 00:05 GMT+2 time on Monday and closing at 23:55 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.
- Minimum deposit amount is $50
Trading Conditions Updates
- Important update on margin requirements for all shares and cryptocurrencies, effective from Monday, June 3, 2024.
- Cash Indices 3-day swap free promotion ends this Friday, 5/31/2024.
- Effective May 14, 2024, GameStop Shares ( GME ) and AMC Stocks ( AMC) are set on close only mode until further notice.
- Effective January 2, 2024, all existing and new positions on Shares, Spot Indices, and JPY Pairs will be subject to swaps without a grace period. Please refer to our Swap-Free Policy here for the full description of the terms.
- UVXY.OX (ProShares Ultra VIX Short-Term Futures ETF) will be on close only until after the stock split on 11/04/2024.
- We have added new pairs to our crypto derivatives, you may trade now on ADAUSD, BCHUSD, DOTUSD, EOSUSD, LNKUSD, LTCUSD.
- Due to the recent increase in interest rates across all central banks and the huge increase in the cost of carry of the Natural Gas commodity, the Natural Gas instrument will not be swap-free anymore.
- In the event of a discrepancy between the information on the Website and the Platform, the information on the Platform prevails.
Margin Requirement
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.
Forex
- One standard lot = 100,000 units of the base currency
Under Leverage rate of 1:100
- Margin per lot = 1,000 units of the base currency
- Margin for 1 lot of USDJPY = $1,000
- Margin for 1 lot of EURUSD= €1,000
- The currency pair is automatically converted from the base currency to the quote currency at the exchange rate at the exact time when the transaction is recognized.
Stop-out Level
MultiBank Group trading platforms are set to automatically close open positions when the stop-out level is reached. For all accounts, when the equity in the trading account falls below 50% of the required margin, the stop-out level will be reached.
MultiBank Group will automatically close open positions at ‘Market price’, releasing in the order of highest to lowest floating loss until the margin level is reached.
