ASICAustraliaTier 1Licence number
001285048
View licence record- Licence holder
- Held by MultiBank Group
Not checkedUpdated
At a glance
Regulation on record for MultiBank Group
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 7
- Issuing authorities
- 6
- From tier-1 or tier-2 authorities
- 6
- Found on an official register
- 0
MultiBank Group has 7 licences on record with Wikilix, issued by 6 authorities across 6 jurisdictions. 6 of them were issued by tier-1 or tier-2 authorities — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
One licence comes from an authority classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
Issuing authorities
Licence record
Licences by jurisdiction
Every licence on record for MultiBank Group, grouped by the 6 jurisdictions it is registered in.
7 records
Australia2 licences
All Australia licences- ASICAustraliaTier 1
- ASICAustraliaTier 1
Licence number
000416279
View licence record- Licence holder
- Held by MultiBank Group
- Licence type and regime
- Market Making(MM)
Not checkedUpdated
Germany1 licence
All Germany licences
Singapore1 licence
All Singapore licences
United Arab Emirates1 licence
All United Arab Emirates licences
Cyprus1 licence
All Cyprus licences
British Virgin Islands1 licence
All British Virgin Islands licences
Protection
What this licence protects
ASIC's own rules for the firms it authorises.
- No compensation schemeNo mandatory insurance (but strict fund segregation)
- Negative balance protection
- Complaints routeAFCA
- Maximum leverage1:28
Frequently Asked Questions
Questions about the licences held by MultiBank Group
Answered from the register entries on this page.
Most Popular Questions
MultiBank Group provides access to various instruments including Forex, stocks, funds, options, derivatives, futures, commodities, and CFDs. The availability of these instruments depends on the regulatory license and the region of operation.
MultiBank Group offers maximum leverage up to 500:1. However, leverage limits may vary depending on the regulatory jurisdiction and the specific license under which the broker operates.
MultiBank Group supports deposits and withdrawals via bank wire transfer, credit/debit cards, e-wallets like Neteller, and cryptocurrency. Processing times vary from instant for cards and e-wallets to several days for bank transfers. Fees are generally not charged by the broker but intermediary or issuer fees may apply.
MultiBank Group offers MetaTrader 4 and MetaTrader 5 trading platforms. Both platforms support desktop versions and provide features like advanced charting and algorithmic trading. These platforms are widely used for Forex and CFD trading.
MultiBank Group is regulated by multiple authorities including ASIC in Australia, CySEC in Cyprus, and the Monetary Authority of Singapore. These regulators provide oversight, but WIKILIX notes the broker has a suspicious clone status. It operates under various licenses such as Market Making and Straight Through Processing.
MultiBank Group has 7 licence records with Wikilix, issued by 6 authorities across 6 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
MultiBank Group holds licence records issued by ASIC, BaFin, MAS, SCA, CySEC, BVI FSC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
6 of the licence records held by MultiBank Group come from tier-1 or tier-2 authorities (4 tier-1, 2 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the 7 licence records held by MultiBank Group has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
MultiBank Group has licence records in Australia, Germany, Singapore, United Arab Emirates, Cyprus, British Virgin Islands. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.