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MultiBank Group regulation
Across a hundred brokers, the licence is what separates the field fastest. Here is MultiBank Group's regulatory record in full.
Facts last checked . Read the full MultiBank Group review.
Regulation and safety
- Regulated by
- ASIC (AFSL 416279); MAS (CMS101174); CySEC (430/23); CIMA (1811316); UAE SCA/CMA (20200000031); Mauritius FSC (GB23201531); Seychelles FSA (SD198); Vanuatu VFSC (700443); plus additional group registrations/licences
- Regulator tier
- Tier 1
- Register entry
- ASIC Professional Registers, AFSL 416279
- Client money segregated
- Yes
- Held at
- Top-tier regulated banks
- Negative balance protection
- Yes
- Compensation scheme
- Lloyd's of London excess-loss insurance up to $1 million per account under MEX Atlantic; statutory protection varies by entity
- Audited by
- Independent external auditors
- Not available to
- United States for retail CFD services, Iran, North Korea and other sanctioned/restricted jurisdictions
Check the licence yourself: ASIC Connect, the MAS Financial Institutions Directory, the CySEC register of investment firms, the Mauritius FSC register of licensees, the Seychelles FSA list of regulated entities.
What this means
Across a hundred brokers, the licence is what separates the field fastest.
MultiBank Group holds tier-one authorisations from ASIC, CySEC and MAS. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.
It also operates an offshore entity (CIMA, VFSC, FSC and FSA). Which one you are onboarded to depends on where you live, and the two carry very different protections - worth confirming before you deposit.
ASIC caps retail leverage at 1:30, requires negative balance protection, and obliges the broker to hold client money in a separate trust account.
CySEC licences passport across the EU and follow the 1:30 retail leverage cap, with the Investor Compensation Fund covering eligible claims.
The Monetary Authority of Singapore applies some of the tightest conduct requirements in the region, and fewer firms hold its licence.
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.
Questions about MultiBank Group regulation
Who regulates MultiBank Group?
MultiBank Group is regulated by ASIC (AFSL 416279); MAS (CMS101174); CySEC (430/23); CIMA (1811316); UAE SCA/CMA (20200000031); Mauritius FSC (GB23201531); Seychelles FSA (SD198); Vanuatu VFSC (700443); plus additional group registrations/licences.
Is client money segregated at MultiBank Group?
Yes. MultiBank Group holds client money separately from its own funds, at Top-tier regulated banks.
Does MultiBank Group offer negative balance protection?
Yes. MultiBank Group offers negative balance protection, so a losing position cannot leave you owing the broker more than your account held.
Regulation at brokers under the same regulator
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