Score

2.72 /10
Danger

Multi Stock Trading

Cyprus

2-5 years

Regulated in Cyprus

Common Business Registration

MT5 Full License

Regional Brokers

Suspicious Overrun

Medium potential risk

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Comparison

Quantity 4

Exposure

Open Account
Website

Score

Regulatory Index1.25

Business Index6.23

Risk Management Index0.00

Software Index7.73

License Index1.25

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Website

Licenses

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

Single Core

1G

40G

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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

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • This broker exceeds the business scope regulated by Cyprus CYSEC(license number: 3673)Business Registration Non-Forex License. Please be aware of the risk!

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Pyramid scheme complaint
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Multi Stock Trading · Company summary

Note: Multi Stock Trading's official website - https://multistocktrading.com/ is currently inaccessible normally.

Multi Stock Trading Review Summary
Founded2021
Registered Country/RegionCyprus
RegulationCYSEC (Exceeded)
Market InstrumentsForex currency pairs, commodities, cryptocurrencies, indices, metals, energies, stocks
Demo Account
LeverageUp to 1:1000
Spread/
Trading PlatformMT5
Social Trading
Min Deposit$50
Customer SupportContact form
Tel: +357 252 50554
Email: support@multistocktrading.com, info@multistocktrading.com
Social media: Twitter, YouTube and LinkedIn
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

Multi Stock Trading was registered in Cyprus in 2021, offering trading in forex currency pairs, commodities, cryptocurrencies, indices, metals, energies, and stocks with leverage up to 1:100 via the MT5 platform. The minimum deposit requirement is only $50.

Multi Stock Trading's homepage

Pros and Cons

Pros Cons
Diverse market instrumentsUnavailable website
Demo accountsExceeded CySEC license
Multiple account typesCommission charged
Support MT5
Social trading
Low minimum deposit
Multiple payment options

Is Multi Stock Trading Legit?

No. Multi Stock Trading currently has no valid regulations. It only holds an exceeded Cyprus Securities and Exchange Commission (CYSEC) license.

Regulatory AgencyCyprus Securities and Exchange Commission (CYSEC)
Regulatory StatusExceeded
Regulated byCyprus
Licensed InstitutionMulti-Stock Trading LLC
Licensed TypeCommon Business Registration
Licensed Number3673
Exceeded CySEC license
Domain information

What Can I Trade on Multi Stock Trading?

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.

Tradable Instruments Supported
Forex currency pairs
Commodities
Cryptocurrencies
Indices
Metals
Energies
Stocks
Bonds
Options
ETFs
What Can I Trade on Multi Stock Trading?

Account Type

Account TypeMin Deposit
ECN Platinum$50
Islamic$50
Standard$50
ECN$500
Pro$2,000
Account comparison

Leverage

Multi Stock Trading offers leverage up to 1:1000 for all account types, which can potentially bring high returns, but it also comes with high risks.

Commission

The commission offered by Multi Stock Trading is said to be 1 for all account types.

Trading Platform

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.

Trading PlatformSupported Available Devices Suitable for
MT5Windows, Mac, Android and iOSExperienced traders
MT4/Beginners

Deposit and 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.

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User comment

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Comments

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Ythien
3-6months
Sàn ko uy tín. trừ phí vô lý và ko cho rút tiền
Sàn ko uy tín. trừ phí vô lý và ko cho rút tiền
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2024-12-23 10:50
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mqtttt
3-6months
không truy cập được vào web
không truy cập được vào web
Translate to English
2024-12-21 13:42
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4