MultiBank Rebates
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| Account Type | Rates |
| Maximus | 0.56 Pips/Round Turn Lot |
| MultiBank Pro | 0.21 Pips/Round Turn Lot |
| ECN Account | $0.7/Round Turn Lot |
Only EUR and USD accounts are eligible for receiving rebates.
What is MultiBank Cashback?
Forex rebates (or cashback) is cash you get back (ie cash-back) for each trade you make. Just like with any cashback, you get paid back for performing your regular transactions with the service (a forex broker in our case) and get paid back part of the cost you’re being charged by MultiBank.
Important to note that each broker has different cashback rates for account types and instruments.
For example, you can receive a cashback of 0.5 pip for each EURUSD trade but no cashback for GOLD trades. Moreover, each broker has different rebates payment terms, such as payment timing (trade open/close, end of month) or trading requirements (minimal trade duration).
PAYBACKFX provides real-time reports of each of your cashback (when possible) so you can be rest assured that each and every rebate you should receive is paid to your account.
MultiBank forex rebate is a must for any forex trader since it increases your profitability and cuts down costs, and unlike some of our competitors, your trading terms such as the spreads or commissions you pay never change.
How MultiBank cashback works?
When we refer you to MultiBank to open a new trading account or link an existing trading account under our referrer (when possible), MultiBank pays us a commission which is mostly paid back to you in the form of cashback.
How much MultiBank cashback can I earn?
MultiBank cashback will depend much on your trading volume, the larger the volume the more cashback you will receive.
Below you can use our MultiBank cashback calculator to estimate the monthly or yearly cashback
MultiBank cashback calculator
How MultiBank cashback is paid?
Your MultiBank cashback is reported in real-time in your dashboard and the cashback is usually released a few days after the end of the month which is when we collect your cashback from MultiBank..
The cashback can be then withdrawn with the available options in the withdrawal page.
Is it the best MultiBank cashback?
PAYBACKFX provides you the best MultiBank cashback service, starting from the cashback level and down to customer service. In case of any issues arise, we are always here to help and can even step in and help with any issues you may have with MultiBank.
| Broker Name | MultiBank |
| Broker type | Market Maker |
| Country | United Arab Emirates |
| Operating since year | 2005 |
| Number of employees | 500 |
| International offices |
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| Regulation | FSC (British Virgin Islands), ASIC (Australia), BaFIN (Germany), FMA (NZ), CIMA (Cayman Islands), VFSC (Vanuatu), MAS (Singapore), AUSTRAC (Australia), BVI FSC |
| Address | Hong Kong |
| Broker status |
Broker |
| Accepting US clients? | No |
| Account currency | USD, GBP, EUR, CHF, NZD, CAD, AUD |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Debit Card, Perfect Money, Neteller, UnionPay, Skrill, Bitcoin, POLi, PayTrust, GlobePay, PayRetailers, Payment Asia |
| Swap free accounts |
Yes
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| Segregated accounts |
Yes
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| Interest on margin |
No
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| Managed accounts |
No
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| Accounts for money managers (MAM, PAMM) |
Yes
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| Phone | 800 MultiBank |
| Fax | |
| [email protected] | |
| Languages | English, Spanish, Portuguese, Russian, Mandarin, Chinese, Indonesian, Malay, Thai, Arabic, Vietnamese, Urdu, Malay, Farsi, Turkish, Filipino |
| Availability | Phone, Chat, Email, Skype, Whatsapp |
| Trading Platforms | MetaTrader 4, MetaTrader 5, Web Platform, Mobile Platform |
| Trading platform(s) timezone | (GMT -8:00) Pacific Time (US & Canada) |
| Demo Account | Yes Demo account is expiring in 30 Days |
| Mobile trading |
Yes
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| Web based trading |
Yes
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| API |
Yes
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| OCO orders |
No
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| Trading over the phone |
Yes
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| Hedging allowed |
Yes
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| Trailing stops |
Yes
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| One click trading |
Yes
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| Contests |
Yes
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| Other trading instruments | Stocks, Futures, Indices, Commodities, Energies, Shares, Cryptocurrency, Precious Metals |
| Minimum deposit($) |
50.0
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| Maximal leverage(1:?) | 500 |
| Minimum lot Size |
0.01
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| Maximum lot Size |
30.0
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| Commission |
0.0
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| Spread | Fixed, Variable |
| Decimals | 5 decimals |
| Scalping allowed |
No
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MultiBank Group was established in the United States, California in 2005, with headquarters in Dubai. Since its inception, MultiBank Group has evolved into one of the largest online financial derivatives providers in the world. MultiBank Group combines prime liquidity, cutting-edge technology, and first-class customer service. We deliver advanced trading liveUrl=https://multibankfx.com/account/live-account-f1?bonus=20?SFID=7012u000000cLDO&utm_source=myfxbook.com&utm_medium=referral&utm_campaign=DB_myfxbook.com_Live-Account_Display_Ads
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PAYBACKFX does not accept applications from residents of Iran, Iraq, Israel, Lebanon, Syrian Arab Republic and USA. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.