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MultiBank Group fees

Cost is where brokers in the same regulatory bracket actually differ. The full fee record for MultiBank Group, from the database.

Facts last checked . Read the full MultiBank Group review.

What it costs to trade

Spread from
0.0 pips
EUR/USD spread
Approx. 0.1 pips, ECN
GBP/USD spread
Approx. 0.4 pips, ECN
Commission
$3 per side / $6 round turn, ECN
All-in cost, EUR/USD
Approx. 0.7 pips
Spread type
Variable
Overnight swap
Both: overnight swaps apply; swap-free accounts available
Inactivity fee
$60/month after 3 consecutive months inactivity
Currency conversion
Conversion rate/charges apply where currencies differ

What this means

Cost is where brokers in the same regulatory bracket actually differ.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

MultiBank Group lists a minimum deposit of $50. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Questions about MultiBank Group fees

What is the EUR/USD spread at MultiBank Group?

MultiBank Group records an average EUR/USD spread of approx. 0.1 pips, ECN on a variable pricing model.

Does MultiBank Group charge commission?

MultiBank Group's commission is $3 per side / $6 round turn, ECN. A commission account usually pairs with a tighter spread, so the two have to be read together.

Does MultiBank Group charge an inactivity fee?

MultiBank Group's inactivity fee is recorded as $60/month after 3 consecutive months inactivity.

Fees at brokers under the same regulator

More about MultiBank Group