Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
Multi Stock Trading, a trading name of Multi Stock Trading LLC, is allegedly a multi-asset broker registered in Saint Vincent and the Grenadines that claims to provide its clients with various tradable financial instruments with leverage up to 1:1000 on the MT5 trading platform via five different live account types. Here is the home page of this brokers official site:
As for regulation, it has been verified that Multi Stock Trading currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.21/10. Please be aware of the risk.
Market Instruments
Multi Stock Trading advertises that it offers access to a rich variety of CFD instruments, including forex, Metals, Commodities, Indices, Shares, Energy, Cryptocurrencies, and Stocks.
Account Packages
Apart from demo accounts, Multi Stock Trading claims to offer five types of trading accounts, namely ECN, Islamic, Standard, ECN and Pro, with minimum initial deposit requirements of $50, $50, $50, $500 and $2,000 respectively.
Leverage
The specified leverage for different account types at Multi Stock Trading varies between 1:500 and 1:1000. The maximum leverage is 1:500 for the ECN account, while the other account types can enjoy a much higher leverage ratio of 1:1000. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Commissions
The commission offered by Multi Stock Trading is said to be 1 for all account types.
Trading Platform Available
The platform available for trading at Multi Stock Trading is one of the most notable and preferred trading platforms the market offers - MetaTrader5 for Windows, Mac, Android and iOS. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality, offering top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.
Deposit & Withdrawal
From the logos shown at the foot of the home page on Multi Stock Tradings official website, we found that this broker seems to accept numerous means of deposit and withdrawal choices, consisting of Bitcoin, Fasapay, Neteller, PayTrust, Skrill, Tether and THUNDERX PAY. The minimum initial deposit requirement is said to be only $50.
Customer Support
Multi Stock Tradings customer support can be reached by telephone: +357 252 50554, email: support@multistocktrading.com, info@multistocktrading.com or send messages online to get in touch. You can also follow this broker on social networks such as Twitter, YouTube and LinkedIn. Company address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines. Office 50A, Citibase Edinburgh One St, Colme Street Edinburgh, EH3 6AA, United Kingdom.
Pros & Cons
Frequently Asked Questions (FAQs)
2023-03-28 10:17
