Multibank Group Forex checklist

Start with the broker's contract specification pages for the account type you are considering. These should list the currency pairs available, typical or minimum spreads, contract sizes, minimum and maximum trade sizes, and margin requirements per pair. Do not rely on headline marketing figures; the specification tables are the operative reference. If you trade specific pairs, especially minors or exotics, confirm each one is listed for your account type and check its margin requirement rather than assuming the major-pair figure applies.

Forex costs come in several forms and account types often trade one cost off against another, such as wider spreads with no commission versus tighter spreads with a per-lot commission. Verify how each account type charges, whether published spreads are fixed, typical or minimum, and how swap or overnight financing rates are calculated and displayed. Swap costs matter greatly for positions held for days or weeks. Where possible, open a demo or check the platform's live specification window, since real-time figures are more reliable than static tables.

How orders are executed affects slippage, requotes and fills during volatile periods. Review the broker's order execution policy for the entity you would join to understand the execution model, how orders are routed and how the broker handles gaps and abnormal market conditions. Also confirm which platforms are supported for forex trading, whether the features you rely on — such as specific order types or hedging — are permitted under the account terms, and what leverage applies to your client classification and jurisdiction.