Wikilix
Licence record

FSC licence 2020/26/L L

Holder
MULTILP
Jurisdiction
Kuwait
Licence type
Financial Service

This is Wikilix's record of a licence issued by 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 Jul 27, 2026

Licence Verification Record

Financial Services Commission 2020/26/L L

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

Issuing authority
Financial Services Commission
Holder
MULTILP
Jurisdiction
Kuwait
Licence type
Financial Service

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

wikilix.com/licenses/financial-services-commission/multilp/2020-26-l-lFields on file 2 / 11

Open MULTILPAbout 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
Kuwait
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
2020/26/L L
Licence type (Wikilix classification)
Financial Service
The authority

About FSC

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

Full name
Financial Services Commission
Jurisdiction
Kuwait
Strength
Tier 3Lighter-touch supervision; protections vary and are often limited.
Established
1999
Oversight
A government or statutory body
Firms we track under it
8 firms
Regulates
Forex, Fund, Derivatives
Licences it issues
Investment Dealer (Full Service)
Typical cost of a licence
USD 20000-30000
Public register
Searchable by the public
Transparency
Medium

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

FSC's own rules for the firms it authorises.

  • No compensation scheme
  • Complaints routeFSC Complaints
  • Maximum leverage1:1000
This describes the authority's regime, not how MULTILP applies it.
The holder

Who holds this licence

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

Broker
MULTILP
Based in
Kuwait
Wikilix score
32.5the 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.

  • MultiLP LtdKuwait · Reg. 103484 · Dec 11, 2019
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.
Frequently Asked Questions

Questions about this licence

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

Most Popular Questions
MULTILP applies a commission of 5 USD per lot on its Elite Account. The broker uses fixed spreads and does not specify swap-free account options.
The minimum deposit amount at MULTILP is 100 USD. Different payment methods may have their own minimum deposit limits, generally starting from 50 USD.
MULTILP supports various funding methods including wire transfer, credit and debit cards, e-wallets like Skrill and Neteller, and cryptocurrency. Deposit and withdrawal processing times vary from instant to a few business days depending on the method.
MULTILP offers the MetaTrader 5 platform, which is available on web, iOS, macOS, Android, and Windows. MetaTrader 5 supports multi-asset trading with advanced analytics and algorithmic tools.
According to WIKILIX data, MULTILP is not regulated by any financial authority. It operates without a license and is based in Kuwait. Users should consider this when evaluating the broker's safety.
Licence 2020/26/L L was issued by Financial Services Commission (FSC), the financial authority for Kuwait.
MULTILP holds this 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 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 FSC tier 3. Supervision is lighter-touch and client protections vary.
Yes, 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.
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