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MultiBank Group Unveils Rewarding Cashback Program for Forex and Metals Traders

Home » MultiBank Group » MultiBank Group Unveils Rewarding Cashback Program for Forex and Metals Traders
Last Updated: Nov 28, 2024 @ 2:37 pm

November 2024 – MultiBank Group, a leading global financial services provider, has unveiled an exclusive Cashback Program designed to offer Forex and metals traders a lucrative opportunity to maximize their profits. The program rewards clients based on their trading volume, enabling them to earn cash rebates for every trade they make.

Trade More, Earn More: How MultiBank Group’s Cashback Program Works

The new Cashback Program is tailored for both new and existing individual clients who trade in Forex and metals. The more a client trades, the more they earn in cashback, with rebates based on their notional trading volume. This initiative allows traders to make extra profits without changing their trading strategies—simply by increasing their trade volume.

The Cashback Program is available across three distinct account types—Standard, PRO, and ECN—each with its own rebate structure and eligibility requirements:

  • Standard Account (FX & Metals Only):
    • Minimum Deposit: $50
    • Spreads from: 1.5 pips
    • Rebate Tiers:
      • Tier 1: Up to $25 million – $20 per million
      • Tier 2: $25M–$100M – $30 per million
      • Tier 3: $100M–$250M – $40 per million
      • Tier 4: $250M+ – $50 per million
  • PRO Account (FX & Metals Only):
    • Minimum Deposit: $1,000
    • Spreads from: 0.8 pips
    • Rebate Tiers:
      • Tier 1: Up to $25 million – $10 per million
      • Tier 2: $25M–$100M – $15 per million
      • Tier 3: $100M–$250M – $20 per million
      • Tier 4: $250M+ – $30 per million
  • ECN Account (FX & Metals Only):
    • Minimum Deposit: $10,000
    • Spreads from: 0.0 pips
    • Rebate Tiers:
      • Tier 1: Up to $25 million – $5 per million
      • Tier 2: $25M–$100M – $7 per million
      • Tier 3: $100M+ – $10 per million

Program Terms and Conditions

To participate, new clients can sign up when opening a trading account, while existing clients can register for the program separately. However, the cashback will only be calculated on the volume traded after the registration date, and any trades made prior to registration will not qualify.

The Cashback Program is capped at a maximum rebate of $20,000, and clients can only participate with one active trading account. Additionally, scalping trades (those held for less than 120 seconds) are excluded from cashback eligibility, and clients who register for the Cashback Program will not be able to participate in any other ongoing promotions.

Eligible products for cashback rebates include Forex and metals only, and all transactions must comply with MultiBank Group’s Customer Agreement and Terms & Conditions. For full details on the program, including exclusions, terms, and rebates, clients are encouraged to review the Terms and Conditions.

About MultiBank Group

Founded in 2005, MultiBank Group is a global leader in financial services, providing trading solutions across a wide range of asset classes, including Forex, commodities, equities, and cryptocurrencies. With its state-of-the-art trading platform, cutting-edge technology, and regulatory compliance in multiple jurisdictions, MultiBank Group serves over 330,000 clients worldwide.

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Feature MultiBank Group
MultiBank Group Since 2005
XM
XM Since 2009
Rating★★★★☆4.5/5★★★★☆4.5/5
RegulationASIC (Australia), CySEC (Cyprus), MAS (Singapore), SCA (United Arab Emirates)CySEC (Cyprus), DFSA (United Arab Emirates), FSC (Belize), FSCA (South Africa)
Min Deposit$50$5
Typical Spread0.200.80
Leverage (Max)1:10001:30
PlatformsMT4, MT5, Mobile, WebMT4, MT5, Mobile, Proprietary, Web
InstrumentsAlgriculture, Commodities, Cryptos, Energies, Indices, Forex, Metals, Stock CFDsAlgriculture, Commodities, Cryptos, Energies, Indices, Forex, Metals, Real Stocks, Stock CFDs
BonusYesYes
Robo Trading AllowedYesYes
Hedging AllowedYesYes
Scalping AllowedYesYes
Swap‑Free / IslamicYesYes
ActionRead ReviewVisit Broker
MultiBank Group
Rating
★★★★☆4.5/5
Regulation
ASIC (Australia), CySEC (Cyprus), MAS (Singapore), SCA (United Arab Emirates)
Min Deposit
$50
Typical Spread
0.20
Leverage (Max)
1:1000
Platforms
MT4, MT5, Mobile, Web
Instruments
Algriculture, Commodities, Cryptos, Energies, Indices, Forex, Metals, Stock CFDs
Bonus
Yes
Robo Trading Allowed
Yes
Hedging Allowed
Yes
Scalping Allowed
Yes
Swap‑Free / Islamic
Yes
XM

XM

Since 2009
Rating
★★★★☆4.5/5
Regulation
CySEC (Cyprus), DFSA (United Arab Emirates), FSC (Belize), FSCA (South Africa)
Min Deposit
$5
Typical Spread
0.80
Leverage (Max)
1:30
Platforms
MT4, MT5, Mobile, Proprietary, Web
Instruments
Algriculture, Commodities, Cryptos, Energies, Indices, Forex, Metals, Real Stocks, Stock CFDs
Bonus
Yes
Robo Trading Allowed
Yes
Hedging Allowed
Yes
Scalping Allowed
Yes
Swap‑Free / Islamic
Yes
MultiBank Group
Rating
★★★★☆4.5/5
Regulation
ASIC (Australia), CySEC (Cyprus), MAS (Singapore), SCA (United Arab Emirates)
Min Deposit
$50
Typical Spread
0.20
Leverage (Max)
1:1000
Platforms
MT4, MT5, Mobile, Web
Instruments
Algriculture, Commodities, Cryptos, Energies, Indices, Forex, Metals, Stock CFDs
Bonus
Yes
Robo Trading Allowed
Yes
Hedging Allowed
Yes
Scalping Allowed
Yes
Swap‑Free / Islamic
Yes
XM

XM

Since 2009
Rating
★★★★☆4.5/5
Regulation
CySEC (Cyprus), DFSA (United Arab Emirates), FSC (Belize), FSCA (South Africa)
Min Deposit
$5
Typical Spread
0.80
Leverage (Max)
1:30
Platforms
MT4, MT5, Mobile, Proprietary, Web
Instruments
Algriculture, Commodities, Cryptos, Energies, Indices, Forex, Metals, Real Stocks, Stock CFDs
Bonus
Yes
Robo Trading Allowed
Yes
Hedging Allowed
Yes
Scalping Allowed
Yes
Swap‑Free / Islamic
Yes

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