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 | |
Founded | 2019 |
Registered Country/Region | Kuwait |
Regulation | No regulation |
Market Instruments | Forex, CFDs, Precious Metals, Commodities |
Demo Account | ✅ |
Islamic Account | ✅ |
Leverage | Up to 1:500 |
Spread | From 1.5 pips (Standard account) |
Trading Platform | MT4, MT5 |
Minimum Deposit | $100 |
Customer Support | 24h live chat |
Tel: +965 2205 0280 | |
Email: info@multilp.com | |
Address: Kuwait, Block 1, Ahmed Tower, 17 Floor | |
Facebook, Instagram, LinkedIn, Twitter | |
Regional Restrictions | the USA, Iran, North Korea |
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.
Pros | Cons |
Demo accounts | No regulation |
Various trading products | Regional restrictions |
MT4 and MT5 platforms | |
Live chat support |
No. MULTILP currently has no valid regulations. Please be aware of the risk!
MULTILP offers trading on Forex, CFDs, precious metals, and commodities.
Tradable Instruments | Supported |
Forex | ✔ |
CFDs | ✔ |
Commodities | ✔ |
Precious metals | ✔ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
MULTILP offers three types of accounts, including Professional, Standard, and Elite account. Besides, it also provides demo accounts and Islamic accounts.
Account Type | Minimum Deposit |
Professional | $10,000 |
Standard | $100 |
Elite | $20,000 |
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.
Account Type | Spread | Commission |
Professional | 0.8 pips | 0 |
Standard | 1.5 pips | 0 |
Elite | 0 pips | $5 per lot |
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Desktop, mobile, web | Beginners |
MT5 | ✔ | Desktop, mobile, web | Experienced traders |