Company Profile
| 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 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.
Pros and Cons
| Pros | Cons |
| Demo accounts | No regulation |
| Various trading products | Regional restrictions |
| MT4 and MT5 platforms | |
| Live chat support |
Is MULTILP Legit?
No. MULTILP currently has no valid regulations. Please be aware of the risk!
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 Type | Minimum Deposit |
| Professional | $10,000 |
| Standard | $100 |
| Elite | $20,000 |
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.
MULTILP Fees
| Account Type | Spread | Commission |
| Professional | 0.8 pips | 0 |
| Standard | 1.5 pips | 0 |
| Elite | 0 pips | $5 per lot |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop, mobile, web | Beginners |
| MT5 | ✔ | Desktop, mobile, web | Experienced traders |
