Are you prepared to create a trading account with MultiBank Group but unsure how to start? Follow this tutorial, which will walk you through the entire registration procedure easily.
An overview of the MultiBank Group
MultiBank Group, established in 2005, is one of the world’s leading financial derivative brokers. Through a worldwide network, they offer services to more than a million customers across100 countries.
MultiBank provide benefits as:
- Accessibility to more than 45 currency pairs, CFDs, metals, shares, crypto,…
- Popular trading platforms such as: MetaTrader 4, MetaTrader 5, MultiBank Pro and MultiBank Trade.
- Safely segregated client’s funds and kept by tier-1 banks.
- Regulations in multiple jurisdictions for security and compliance.
Obviously, MultiBank satisfies all criteria for traders seeking a reputable broker. Now, let’s examine how to sign up for membership.
Requirements for registering a broker account
MultiBank has set up procedures for retail and corporate broker registration to maintain their standards:
Requirements for Retail accounts:
- At least 18 years old.
- Valid ID proof such as passport, national ID or driving license.
- Proof of residence less than 3 months.
- Bank account.
Requirements for Corporate accounts:
- Business registration documents.
- Proof of ID and address for directors.
- Recent company bank statements.
- Memorandum and Articles of Association.
Your registration will go more easily if the requirements are met. Next, let’s examine the procedure in detail.
A step-by-step guide for Broker Registration
To become an authorized MultiBank broker, follow these steps below:
1. Go to the Website and select for “Open Live Account”
Go to www.multibankfx.com and click on “Open Live Account” to register.
2. Choose your preferred Account Type
Decide your account type as Individual, Corporate or Joint account.
3. Fill the Online Registration Form
Provide your accurate personal and account informations in the online form.
-
Upload Relevant KYC Documents
To verify your identity, submit scanned copies of these documents:
- Passport or national ID.
- Proof of residence.
- Other documents if applying as a corporate entity.
5. Deposit the Minimum Amount
To activate your account, make the required minimum deposit with a card, eWallet, or bank transfer.
-
Account Verification and Authorization
At this point, MultiBank will validate your KYC documents and authorize the account. After that, you’ll receive an email with login information.
7. After that, you may start trading on your broker account! The MultiBank method is simple and fast.
Access MultiBank’s Powerful Trading Tools
You may use MultiBank’s highly regarded trading platforms and services after registering.
The MultiBank Trade web platform is suggested for beginners due to its simplicity. It provides you with:
- Over 10,000 markets across currencies, metals, shares, indices and crypto.
- Risk management through negative balance protection.
- Fractional share trading.
- Customizable layouts and order options.
Upgrade to the advanced MetaTrader suite if you already have experience. MT4 and MT5 come with:
- Sophisticated charting capabilities.
- Automated trading via Expert Advisors.
- Algorithmic and custom trading options.
- In-depth analysis features.
You can invest on your own terms by using MultiBank’s trading solutions, which are tailored for different levels.
Start Your Trading Experience Now!
We hope that after reading this article, you will have a comprehensive understanding of how to register as a broker with MultiBank Group.
You may access their market-leading trading platforms and features by completing the registration process
So don’t hesitate and follow the steps above to become a MultiBank broker today to start your trading journey.
If you have any questions, feel free to ask in our comments section below1!
MultiBank: Easily deposit and withdraw funds in My Multibank Transaction Account
Many long-time MultiBank Group traders are likely to understand with the operations that take place in each individual’s Mymultibank transaction account. While demo accounts offer a trial trading experience for many new traders, Multibank has drawn a large number of users to open actual accounts.
Many newcomers have not fully understood and are familiar with the functions and categories in their Multibank accounts. Therefore, in this post, Betomon will help you find comprehensive instructions on how to deposit and withdraw funds from the trading accounts from MultiBank.
1. How to deposit in the My Multibank trading account?
My Multibank is the name of the Multibank platform trading account, which is created when the users successfully register for an account.
In order to deposit, go to the website address: vn.multibankfx.com. Then select the My MultiBank button in the top corner.
My MultiBank
Next, sign in to the account that you previously registered in My MultiBank
Log in to your MultiBank account
You will see the My MultiBank Dashboard section in the left corner of your screen after logging into your account. To deposit funds to your account, choose “FUNDING” -> “Deposit Funds”.
Deposit into your My MultiBank account
Accordingly, MultiBank will allow customers to deposit money through 9 main modes of payment, but the 2 most popular and simple methods are via Ngan Luong and Pay Trust 88.
Many newcomers may be wondering what PayTrust is, therefore we will simply explain it below. Paytrust88 is a platform for payment solutions that is connected to instant bank transactions. This payment option is available on users’ PC, smartphone, or tablet.
Paytrust88 enables you to make both deposits and withdrawal requests. Currently, they accept payments through local banks from 6 different countries in Asia such as Malaysia, Thailand, Indonesia, China, Vietnam, and Korea. One of their features that users appreciate is No ChargesBack.
- Instructions for depositing into Paytrust88
Directions for depositing Multibank fund through Paytrust
First, open your Pay Trust 88 then select Deposit (e.g in Vietnam)
Deposit via Pay Trust
Then, provide the information in the form and select Submit.
Complete My MultiBank deposit via PayTrust
Lastly, fill in the information and choose Next to finish the deposit process into your trading account.
Complete deposit to My MultiBank
- Instructions for depositing money into Ngan Luong
Vietnamese traders are accustomed to taking payments via Ngan Luong. Visit the website vn.multibankfx.com. Go to the My MultiBank area at the top of the website.
Then log in to your account as usual.
Choose FUNDING -> select Deposit Funds to deposit into your account.
After that, select Ngan Luong as your payment method.
Deposit to My MultiBank via Ngan Luong
Then, complete all information according to the instructions below. You can choose among many payment methods.
Note: if you have a Ngan Luong e-wallet payment account you can use this option. If not, you can choose from many accepted online payment options using a domestic bank card.
(Note: you need to register for Internet – Banking or online payment service at the bank before making this form of online payment).
Instructions for depositing via Ngan Luong
Directions for completing MultiBank deposit through Ngan Luong
After finishing all of the above steps. To finish the payment, provide your ATM card information listed below:
- Bank address that you are using
- Your ATM card number
- Cardholder name
- Card issuance date
- Enter the security code displayed.
After entering completely, click the Payment button to complete.
Above are the steps to deposit money through Pay Trust 88 and Ngan luong. In the next phase, Betomon will guide customers to withdraw money from their trading accounts.
- How to withdraw money from My MultiBank trading account?
Please continue to access the website address vn.multibankfx.com. Select the My MultiBank section at the top of the website to log in to your account.
Next, you can select the Language Button then choose your language to use easily.
Continue to select the “Funding” section -> “Withdrawal”.
There are three main withdrawal methods listed in this section: Bank transfer via telegram (1), Transfer via Online – Internet Banking (2), and transfer via Union Pay (3). However, you should select between methods (1) and (2) as it is very easy to use.
In this part, fill in all information according to the example below to complete the withdrawal procedure.
Please note that when you enter your trading account number, which defaults to USD but when withdrawing to the bank, it will automatically be converted into your currency (e.g Vietnamese currency)
2.1 Bank transfer via telegram
Perform these steps as follows:
Withdraw from My Multibank
Continue to complete the process as below. There are some parts you can skip.
Complete withdrawal from My Multibank
In the Swift/BIC Number section: you can search on Google for the Swift number of the bank you want to receive money from, then enter it. The example below is Vietcombank’s Swift code.
Sort code/ also known as postal code: you can skip this part.
Then choose “ I agree”
Click Send and wait for confirmation to withdraw.
2.2 Online Payment method
You have a wide selection of online payment options. However, the most widely used are Pay Trust, Ngan Luong, and Credit card.
2.2.1 Transfer via Ngan Luong wallet
To finish the withdrawal process, you must provide the email address you registered in order to validate the details of your bank account.
2.2.1 Transfer via Pay Trust
Complete the steps listed below. Next, choose “I agree” then click “Send” and wait for the confirmation to withdraw.
2.2.3 Transfer through Credit Card
Similarly, follow the instructions below and complete the steps to withdraw money.
Note: If users choose to withdraw via Credit card, the customer can withdraw money into 2 different periods: A refund that is equal to the exact deposit amount and the Interest when the transaction is successful.
In conclusion, the article above has guided you step by step to deposit and withdraw money when trading at MultiBank Group comprehensively.
