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Spider Forex Review

MULTILP Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-06-18 11:14

Abstract:MULTILP is an unregulated broker, offering trading on Forex, CFDs, precious metals, commodities with leverage up to 1:500 and MULTILP spread from 0 pips on MT4/MT5. The minimum deposit requirement is $100.

MULTILP Review Summary
Founded2019
Registered Country/RegionKuwait
RegulationNo regulation
Market InstrumentsForex, CFDs, Precious Metals, Commodities
Demo Account✅
Islamic Account✅
LeverageUp to 1:500
SpreadFrom 1.5 pips (Standard account)
Trading PlatformMT4, MT5
Minimum Deposit$100
Customer Support24h live chat
Tel: +965 2205 0280
Email: info@multilp.com
Address: Kuwait, Block 1, Ahmed Tower, 17 Floor
Facebook, Instagram, LinkedIn, Twitter
Regional Restrictionsthe USA, Iran, North Korea

MULTILP Information

  MULTILP is an unregulated broker, offering trading on Forex, CFDs, precious metals, commodities with leverage up to 1:500 and MULTILP spread from 0 pips on MT4 and MT5 platforms. The minimum deposit requirement is $100.

MULTILP Information

Pros and Cons

Pros Cons
Demo accountsNo regulation
Various trading productsRegional restrictions
MT4 and MT5 platforms
Live chat support

Is MULTILP Legit?

  No. MULTILP currently has no valid regulations. Please be aware of the risk!

license
domain

What Can I Trade on MULTILP?

  MULTILP offers trading on Forex, CFDs, precious metals, and commodities.

Tradable Instruments Supported
Forex✔
CFDs✔
Commodities✔
Precious metals✔
Bonds❌
Options❌
ETFs❌

Account Type

  MULTILP offers three types of accounts, including Professional, Standard, and Elite account. Besides, it also provides demo accounts and Islamic accounts.

Account TypeMinimum Deposit
Professional$10,000
Standard$100
Elite$20,000
Account Type

Leverage

  MULTILP offers maximum leverage at 1:500 for all account types. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

Leverage

MULTILP Fees

Account TypeSpreadCommission
Professional0.8 pips0
Standard1.5 pips0
Elite0 pips$5 per lot

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4✔Desktop, mobile, webBeginners
MT5✔Desktop, mobile, webExperienced traders
Trading Platform
Trading Platform

Related broker

No Regulation
MULTILP
Company name:Multilp LTD
Score
2.10
Website:https://multilp.com/
5-10 years | Suspicious Regulatory License | MT5 Full License | Regional Brokers
Score
2.10

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