JP MultiBank Group (jpmultibank-plus.com and jpmultibansk-plus.cc) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: 1500 N Grant St Ste M, Denver, CO 80203, United States This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: jpmultibank-plus.com.
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. JP MultiBank Group (jpmultibank-plus.com and jpmultibansk-plus.cc) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Intuitive for beginners|Real-time alerts|Clear documentation|High security standards
Cons: Onboarding videos are outdated
The so-called education at JP MultiBank Group (jpmultibank-plus.com and jpmultibansk-plus.cc) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since last summer thinking they would help me learn.
Pros: Low minimum deposit|Multi-device support|Demo account available|Fast execution
Cons: Wish they had more educational resources|Website design could be more modern
The reporting at JP MultiBank Group (jpmultibank-plus.com and jpmultibansk-plus.cc) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Wide product range|Segregated accounts
Cons: Onboarding videos are outdated
I joined JP MultiBank Group (jpmultibank-plus.com and jpmultibansk-plus.cc) after my brother mentioned them and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Educational resources|Helpful community forum|Fast support response|Economic calendar
Cons: Inactivity fee applies after 12 months|Spreads widen during volatile periods
I lost a significant amount because JP MultiBank Group (jpmultibank-plus.com and jpmultibansk-plus.cc) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Easy to use platform|Multi-device support|Comprehensive tools|Fast execution
Cons: Spreads widen during volatile periods
JP MultiBank Group (jpmultibank-plus.com and jpmultibansk-plus.cc) has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Regular platform improvements|Transparent fees|Reliable uptime|Personal attention
Cons: Currency conversion fee exists
The platform itself is okay, but the customer service at JP MultiBank Group (jpmultibank-plus.com and jpmultibansk-plus.cc) is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: API access|Fast deposits|Two-factor authentication|Social trading features
Cons: Wish they had more educational resources