GLOBAL TURNKEY PROJECTS PRIVATE LIMITED Company Profile, Directors, Revenue & More
Global Turnkey Projects Private Limited is an unlisted private company incorporated on 02 January, 1987. It is classified as a private limited company and is located in Kolkata, West Bengal. It’s authorized share capital is INR 2.00 cr and the total paid-up capital is INR 1.74 cr. To attract and retain clients, it is essential to have a strong risk management framework and a well-established brand. One effective way to expedite the process is by using a Forex broker turnkey solution.
Multibank’s entry-level account requires a minimum deposit of 50 USD, making it suitable for beginner traders. We define beginner traders as inexperienced traders who have never traded before or have been trading for less than a year. Beginners often do not want to risk trading large sums of money, and will generally not be able to trade full-time during the workweek.
By opting for this solution, you can save valuable time and effort, as the company takes care of the rest. However, obtaining licences from regulatory bodies like the NFA and CFTC is a crucial step in establishing a Forex brokerage. Additionally, finding a supportive bank and setting up an IT infrastructure can be challenging but necessary steps. The credit risk profile of the company will remain stable over the medium term, backed by healthy balance sheet and large cash surplus.
Security futures involve a high degree of risk and are not suitable for all investors. Before trading security futures, read the Security Futures Risk Disclosure Statement. Structured products and fixed income products such as bonds are complex products that are more risky and are not suitable for all investors. During this time, we’ve connected dozens of various integrations and solutions, brought to life some joint projects. Organise and unify the transaction data with fully-equipped accounting software for Forex businesses.
If something happens and you need help, we will never say , “Sorry, it is not our responsibility” and refer you on to someone else. Our technical support team logs everything, including all details and comments from developers across our entire product range and will help you without asking you too many questions. Ongoing monthly costs for full licensing, servers and a technical support team. A well-built brand is a powerful sales tool that can be measured in financial terms.
Supported Platforms for MultiBank
With a minimum deposit requirement of 1000 USD, the Pro account is ideal for MultiBank traders looking for an ECN experience. Choose to connect to our flexible payments technology via the method that best suits your business needs. In this white paper, we’ll break down technology requirements for fractional trading and explain how it provides brokers with a dramatic competitive differentiator. In our list of case studies, there are projects for different financial markets, geographical areas, regulations and asset classes.
Multibank offers a number of deposit and withdrawal methods, which are free of charge, and quick processing times. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. The risk of loss in online trading https://www.xcritical.in/ of stocks, options, futures, currencies, foreign equities, and fixed Income can be substantial. We may use your contact information, such as your name, address and email id to fulfil your request and service your account and to provide you with additional information from CRISIL.
As a well-regulated broker, MultiBank ensures that all Anti-Money Laundering rules and regulations are followed. However, a 60 USD quarterly fee is charged after 3 consecutive months of inactivity, which is considered exceptionally high. 100+ order types – from limit orders to complex algorithmic trading – help you execute any trading strategy. Our application is very flexible and its minimalistic design is loved by many customers. The company is looking at further expanding the solution and rolling across geographies in the coming future.
- Before trading security futures, read the Security Futures Risk Disclosure Statement.
- Multibank also offers an ECN account, with raw spread pricing and a commission per lot traded.
- Starting a Forex brokerage can be a challenging task, but there is a convenient solution that not only saves time and money but also offers a promising opportunity.
- A spot contract is an agreement to purchase foreign currency at the present rate.
To bring transparency to the forefront, we have published our review process that includes a detailed breakdown of how we review MultiBank’s product offering. Central to that process is the evaluation of the broker’s reliability, the platform offering of the broker, and the trading conditions offered to clients, which are summarised in this review. Each one of these is graded, and an overall score is calculated and assigned to the broker. Multibank offers one of the largest ranges of financial instruments in the world.
Our up-to-date event technology and equipment match global standards and help us deliver unique and engaging event experiences for clients and attendees alike. According to the support team, MultiBank does not provide these materials because it is against regulation. Many brokers with the same regulation as MultiBank offer excellent https://www.xcritical.in/blog/turnkey-broker-make-a-profit-for-your-company/ educational services, so it is hard to understand this argument. Overall, Multibank offers trading on a much larger range of financial assets than other similar brokers. As per the table above, the trading costs on the ECN account are lower than those of the Pro and Standard accounts, and lower than those of other brokers.
Margin is also vulnerable to fluctuations in input prices; this is reflected in decline in margin to ~6.9% in fiscal 2022 owing to increased commodity prices. Nevertheless, Thermax will continue to be impacted by increase in input prices, which account for over 70% of production costs. Those afraid to risk real money on trading will be glad to learn that MultiBank Group offers a Demo Account. The Demo account comes preloaded with 100,000 USD in virtual funds, and it provides access to all the above-listed platforms and financial products.
FINANCIAL HIGHLIGHTS – GLOBAL TURNKEY PROJECTS PRIVATE LIMITED
Besides Mt4 and Mt5 this broker also offers has a Web Trader with most of the necessary charting tools. Multibank offers three live accounts on the MT4 and MT5 platforms (click here for more on Multibank’s trading platforms). Two of the accounts have trading costs included in the variable spreads, while its Pro Account offers raw spreads in exchange for a commission per lot traded. Manage your global business relationships with our help and cross-border payments expertise.
On balance, Multibank’s non-trading fees are average compared to other brokers. When placing your money with a broker, you need to make sure your broker is secure and can endure through good and bad times. Our strong capital position, conservative balance sheet and automated risk controls are designed to protect IBKR and our clients from large trading losses.