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Multi Stock Trading

Cyprus|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://multistocktrading.com/

Website

Rating Index

Contact

+357 252 50554
support@multistocktrading.com
https://multistocktrading.com/
Moheli Corporate Services Ltd, P.B. 1257, Bonovo Road, Fomboni, Island of Moheli, Comoros.

Licenses

No valid regulatory information, please be aware of the risk!

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No restriction on the broker account. Support service provided by WikiFX

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Contact number

English

+357 252 50554

Broker Information

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Company Name

Multi Stock Trading LLC

Company Abbreviation

Multi Stock Trading

Platform registered country and region

Cyprus

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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Multi Stock Trading · Company Summary

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

Feature Detail
Regulation No regulation
Market Instrument FX, Metals, Commodities, Indices, Shares, Energy, Cryptocurrencies, Stocks
Account Type ECN, Islamic, Standard, ECN and Pro
Demo Account yes
Maximum Leverage 1:1000
Spread N/A
Commission 1
Trading Platform MT5 for Windows, Mac, Android and iOS
Minimum Deposit $50
Deposit & Withdrawal Method Bitcoin, Fasapay, Neteller, PayTrust, Skrill, Tether and THUNDERX PAY

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:

General Information & Regulation

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.

General Information & Regulation

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.

Market Instruments

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.

Account Packages

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.

Deposit & Withdrawal

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

Pros Cons
• Wide range of trading assets and payment methods • No regulation
• Multiple account types
• Demo accounts available
• Low minimum deposit ($50) • No information on spreads
• MT5 supported

Frequently Asked Questions (FAQs)

Q 1: Is Multi Stock Trading regulated?
A 1: No. It has been verified that Multi Stock Trading currently has no valid regulation.
Q 2: Does Multi Stock Trading offer demo accounts?
A 2: Yes.
Q 3: Does Multi Stock Trading offer the industry-standard MT4 & MT5?
A 3: Yes. Multi Stock Trading offers MT5 for Windows, Mac, Android and iOS.
Q 4: What is the minimum deposit for Multi Stock Trading
A 4: The minimum initial deposit at Multi Stock Trading to open the most basic account is only $50.
Q 5: Is Multi Stock Trading a good broker for beginners?
A 5: No. Multi Stock Trading is not a good choice for beginners. Although it offers demo accounts on the MT5 platform, it lacks legitimate regulation, so trading with them is dangerous.

User Reviews

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FX1614032701
more than one year
Overall, not a bad spot for trading. I've been seeing some action with forex and indices on their platform, and I've gotta admit, they've got pretty reasonable spreads. No crazy slippages to raise my blood pressure either, which is always a plus!But you know, there's just this one little niggle - trading execution could use a bit of a speed boost. I've had a couple of trades that lagged by about a second or two. Kinda feels like missing a bus by a hair's breadth。
2024-02-06 18:24
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清风扬
more than one year
I got totally ******* over by Multi Stock Trading, this fake trading platform. They suckered me into opening an account and depositing a few hundred bucks, promising me all kinds of great returns. But once I made my deposit, they vanished into thin air and I never heard from them again. I'm pretty sure I got scammed, and it really ticks me off that they're still out there preying on unsuspecting folks like me.
2023-03-28 10:17
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李阳56454
more than one year
I tried to search for user reviews about this company on the Internet, but I couldn't find them. I don't want to be the first one to try, what if I get scammed?
2022-12-16 16:58
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