Is MultiBank Group safe?

Safety summary

Client money is held separately from the firm's own money, at Top-tier regulated banks. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.

Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.

Covered by Lloyd's of London excess-loss insurance up to $1 million per account under MEX Atlantic; statutory protection varies by entity, which pays eligible clients up to its limit if the firm fails owing client money.

Regulatory coverage

MultiBank Group is connected with 8 recorded licences: ASIC (tier one), MAS (tier one), CySEC (tier one), SCA (UAE) (tier two), FSC (Mauritius) (tier two), CIMA (Cayman Islands) (tier three), FSA (Seychelles) (tier three) and VFSC (Vanuatu) (tier three).

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Client protections

Protections may include segregated client money, negative balance protection and a compensation scheme (Lloyd's of London excess-loss insurance up to $1 million per account under MEX Atlantic; statutory protection varies by entity). They apply only where the account and client are eligible under the relevant entity and jurisdiction.

Official warnings

Licence concerns

Website verification

The recorded broker website is multibankfx.com. Verify the domain through an official regulator register where possible and do not rely on links received through unsolicited messages.

Company history

MultiBank Group was established in 2005. No material change has yet been recorded on this profile.

Complaints and responses

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The available evidence supports a favourable risk assessment for MultiBank Group. This assessment can change if licences, entities, warnings or broker operations change.