MultiBank FX Demo Account – Opening Process, Charges, Features, Benefits & more

Know everything about MultiBank FX Demo Account or Virtual Trading Platform.

Operating from California, USA, MultiBank FX is an international award-winning CFD and forex broker that was established in 2005.

The broker has its international offices headquartered in Hong Kong and 25 locations worldwide that include Australia, Malaysia, Germany, London, Dubai, and Marbella.

With head offices in so many locations, it provides exclusive trading services to 320,000 clients from different parts of the block in 90 plus countries.

MultiBank FX is considered to be one of the safest international traders as It is regulated by top-tier governing bodies.

Along with various features, tools, and trading accounts, MultiBank FX has also developed a demo account for all its customers who want to practice trading.

So in this MultiBank FX demo account review, we would be discussing everything in detail.

MultiBank FX Demo Account

For all beginners who have no knowledge, skill, or experience in the forex global market, trading and investing can be a hard task.

So, the broker has developed a MultiBank FX demo account to provide all the new inexperienced traders with a risk-free trading environment without the involvement of real funds.

So, what is a demo account?

MultiBank FX virtual trading account is like a practice account or a simulation space that is provided to all the freshers on new traders.

This provides freedom and the ability for all the traders to explore the various instruments, features, and offerings of the broker without losing any funds.

You will also have a special number of virtual money within the MultiBank FX demo account to practice trading.

All the new traders can use MultiBank FX virtual account to get accustomed to the trading environment, referring to the market, the video instruments, real-time trading, and various other things.

They can improve their trading skills by participating in demo account in real-time market conditions and also develop their trading strategies.

This demo account provides facilities not only for freshers but also for advanced and experienced traders who want to improve their trading strategies or try out their strategies and also explore offers.

While using this demo account, all the customers are also provided unlimited access trading platforms like MT4 and MT5 platforms.

Open Demo Account Now! – Zero Commission on Trades

More Related Articles on Forex Demo Account

MultiBank FX Demo Account Features

MultiBank FX demo account features will depend on the trading platform that the customer is using or has selected during the registration process.

To use the MultiBank FX demo account the customer has to download the trading terminals from:

• Desktop: Ms. Windows, Mac os and Linux
• Mobile: Android or iOS or iPad

If the customer wishes to use a MultiBank FX virtual trading account, they will be provided with a download link for each trading platform respectively.

After downloading the trading terminals, the traders can use their demo account login credentials to log in via the terminal and access their demo account.

The broker provides a special number of virtual currencies which is about $100,000 or in your local currency.

You can use these virtual money in this demo account to deal in real market conditions.

• Practice various trading strategies
• Apply copy trading strategies of expert traders
• Use all the features of virtual trading platforms like MT4 and MT5
• You will have access to all the instruments free of charge for free

MultiBank FX Demo Account Charges

Like some of the other trading companies in the market, the broker provides the demo account free of charge for all the new traders, existing traders, and probable traders.

This simply means that the registration process for the MultiBank FX demo account is free of charge and you can simply use them.

Thus, anyone can register and use the demo account without paying a single penny.

All the premium tools offered by the broker like trading tools, instruments, and other features are available free of charge.

This will help you understand the trading market, understand the offerings of the broker, and the trading process.

How to open a MultiBank FX Demo Account?

To sign up and use the MultiBank FX demo account, you can follow the steps given below.

• Find the official website MultiBank FX and click on the banner that shows ‘Demo Account’ in the topmost panel of your homepage.
• No, you will be taken to a new page which is the application page where some necessary details like name, mobile number, and email address would be required for the registration purpose. All these tickets are absolutely necessary so the account remains completely legal and there are no problems with money laundering. After providing all the details you have to select your desired training platform preference and then click on submit.
• As soon as you have submitted your trading application, it will be under process and all the traders will receive the confirmation email within 24 to 48 hours. You will receive all your account details at your registered email address.
• You will receive a verification link in your email address and once you click on it, the demo account will be activated.
• As soon as your account has been verified, your user ID and password would be sent to your email address. Now you can download trading platforms that can be used with the demo account
• Once you have downloaded the trading platform, you can use the ID and password available in your email address to log in to the demo account.

Check Similar Articles on Forex Demo Account Charges

Advantages of MultiBank FX Virtual Trading Platform

Exclusive benefits of MultiBank FX virtual trading account are:

• MultiBank FX demo account sign up process is completely digital, fast, and reliable
• At a station possess is hassle-free and is fast
• Trading platforms like MT4 and meta trader 5 is available
• It comes with $100,000 worth of virtual currencies that can be used for various trading purposes
• Demo account can be used for beginners and professional
• It can be registered and used free of charge.

MultiBank FX Demo Account – Conclusion

MultiBank FX virtual platform can be used free of search by any trader, be it a fresher or an experienced old trader, or someone who wants to explore the options provided by the broker.

This demo account can be used in the trader’s preferred training platforms. It is considered to be one of the best as it provides all the necessary features free of charge.

Check Articles on Forex Demo Account & its Features

MultiBank FX Virtual Trading Account – FAQs

Here is the list of FAQs related to the MultiBank FX virtual trading account:

Does MultiBank FX provide Demo a/c?

Like most of the other popular global trading firms, MultiBank FX also provides a demo account which is called the MultiBank FX demo account.

All the necessary features of the trading account are available in this demo account.

How to Set up a MultiBank FX Demo Account?

The account opening process is quite simple and hassle-free.

All you need is to visit the official website, click on open a demo account, fill out the application form correctly, complete email verification and your MultiBank FX demo account will be activated.

Is MultiBank FX Virtual Trading Platform Free?

MultiBank FX virtual training platform is available completely free of charge for all the fresher and experienced traders.

A client can use premium features of this platform for free.

What are the Fees of the MultiBank FX Demo Account?

Whenever you decide to trade using MultiBank FX, a complementary feature will include the demo account and it can be used by pressures as well as old traders.

So you do not need to provide any fee whenever using the demo account.

Is AMC levied on MultiBank FX Virtual Trading Platform?

AMC is not charged for using MultiBank FX Virtual Trading Platform.

Is MultiBank FX Demo Account best?

This demo account is one of the best virtual trading accounts. A user gets access to all the premium features & need to pay any amount to use all these tools.

What Documents are required for a MultiBank FX Demo Account?

Whenever you opt to use the MultiBank FX demo account, a simple recession process is followed that only includes some details like name, phone number, and email address.

So, you do not need to submit any details for using this demo account.

Is PAN required for Opening a MultiBank FX Account?

As you do not need to provide any documents during the demo account opening process, a PAN card is also not required.

Do they charge a Demo Account opening Fee?

MultiBank FX do not charge any demo account opening fee.

How much Virtual Money do you get in a MultiBank FX Demo Account?

The maximum amount of virtual currencies or dummy money or paper money that you can use and receive in this demo account is 100,000 US dollars.

Open Demo Account Now! – Zero Commission on Trades

Most Read Articles