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Licence record

BVI FSC licence SIBA/L/14/1068

Holder
MultiBank Group
Jurisdiction
British Virgin Islands
Licence type
Market Making(MM)

This is Wikilix's record of a licence issued by British Virgin Islands Financial Services Commission. It sets out what the register says, what we checked, and what the authority's own rules protect.

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Licence intelligence

RecordModified Sep 7, 2026

Licence Verification Record

British Virgin Islands Financial Services Commission SIBA/L/14/1068

Recorded from the firm's own disclosure. Not yet checked against the register.

Issuing authority
British Virgin Islands Financial Services Commission
Holder
MEX Group Worldwide Limited
Jurisdiction
British Virgin Islands
Licence type
Market Making(MM)

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/licenses/british-virgin-islands-financial-services-commission/multibank-group/siba-l-14-1068Fields on file 2 / 11

Open MultiBank GroupAbout BVI FSC
Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 3
Jurisdiction
British Virgin Islands
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
SIBA/L/14/1068
Licence type (Wikilix classification)
Market Making(MM)
The authority

About BVI FSC

British Virgin Islands Financial Services Commission is the authority that issued this licence, and the jurisdiction it applies in is British Virgin Islands.

Full name
British Virgin Islands Financial Services Commission
Jurisdiction
British Virgin Islands
Strength
Tier 3Lighter-touch supervision; protections vary and are often limited.
Established
2000
Firms we track under it
10 firms
Regulates
Forex, Bond, Stocks, Fund, Options, Derivatives, Commodity, Securities, Futures
Licences it issues
SIBL Category 2 – Securities / Investment Business
Typical cost of a licence
USD 30k-50k + $50k-$1M capital
Public register
Searchable by the public
Transparency
Medium

BVI FSC is classed as an offshore regime. An offshore registration can be entirely legitimate, but it typically means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.

Protection

What this licence protects

BVI FSC's own rules for the firms it authorises.

  • No compensation scheme
  • Complaints routeBVI FSC Complaints
  • Maximum leverage1:500
This describes the authority's regime, not how MultiBank Group applies it.
The holder

Who holds this licence

The licence above is recorded against MultiBank Group. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
MEX Group Worldwide Limited
Based in
Cyprus
Operating
10-15 years
Wikilix score
63.6the firm’s overall score, not a rating of this licence

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • MEX Group Worldwide LimitedHong Kong · Reg. 1531625 · Aug 9, 2024
  • MULTIBANK FOREX EXCHANGE CORPORATIONUnited States · Reg. 3918038 · Aug 9, 2024
  • MBFX INTERNATIONAL CORPORATION LTDCyprus · Reg. HE418653 · Aug 9, 2024
  • MEX EUROPE LTDCyprus · Reg. HE424840 · Aug 20, 2021
  • MEX PACIFIC (V) LTDVanuatu · Reg. 700443 · Sep 16, 2020
  • MEX AUSTRALIA PTY LTDAustralia · Reg. 155 084 058 · Jan 10, 2012
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences MultiBank Group holds

6 other licences are on record for MultiBank Group.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

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.
Licence SIBA/L/14/1068 was issued by British Virgin Islands Financial Services Commission (BVI FSC), the financial authority for British Virgin Islands.
MultiBank Group holds this BVI FSC licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the BVI FSC register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates BVI FSC tier 3. Supervision is lighter-touch and client protections vary.
Yes, BVI FSC is classed as an offshore regime. That can be a legitimate registration, but it usually means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.
MultiBank Group has 6 other licences on record with Wikilix, across 5 jurisdictions. They are listed further down this page.
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