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Is MultiBank Group safe and legit?

Short answer, from public records

MultiBank Group states licences from ASIC and CySEC. We matched 2 on the regulator's own register (ASIC, CySEC). We found no regulator warning naming the firm itself.

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Licences

Full broker page
  • ✓ On registerASIC 416279MEX Australia Pty Ltd
  • ✓ On registerCySEC 430/23MEX Europe Ltd

Regulator warnings

All warnings

None naming the firm itself.

0 look-alike site warnings (these copy the name; they are not MultiBank Group)

Real site: https://www.multibankfx.com/

Trustpilot

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Scam red flags to check yourself

  • Someone contacts you first (WhatsApp, Telegram, Instagram, dating apps) and offers to trade for you.
  • Guaranteed or fixed returns, or “no-loss” accounts.
  • A web address that is close to, but not exactly, the broker's real site.
  • Pressure to deposit more before you can withdraw, or “tax/fees” to release your money.
  • The licence number on the site doesn't match the regulator's register, or the company name differs.

See Spotting scams in the Academy, or report a scam.

Questions

Is MultiBank Group safe?

MultiBank Group states licences from ASIC and CySEC. We matched 2 on the regulator's own register (ASIC, CySEC). We found no regulator warning naming the firm itself. We don't say whether a broker is safe for you. Check the licence number on the regulator's register before you deposit.

Is MultiBank Group regulated?

MultiBank Group states licences from ASIC, CySEC. Which entity you sign up with depends on your country, and protections differ by regulator.

Are there fake MultiBank Group websites?

We found no regulator warnings about look-alike sites for MultiBank Group. Still type the address yourself: https://www.multibankfx.com/

Which MultiBank Group company holds the ASIC licence (Australia)?

MEX Australia Pty Ltd, licence number 416279. We matched it on the regulator's own register. Check it yourself on the register: https://data.gov.au/data/dataset/asic-afs-licensee

Which MultiBank Group company holds the CySEC licence (Cyprus)?

MEX Europe Ltd, licence number 430/23. We matched it on the regulator's own register. Check it yourself on the register: https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/

Facts from public sources, not advice. Info may be out of date or wrong. Always check with the regulator before you trade.