MultiBank Group Limited is a forex broker whose official website domain was registered on September 4, 2023, primarily providing investors with trading services in financial derivatives such as forex, stocks, futures, energy, precious metals, cryptocurrencies, and more. This broker does not offer services to jurisdictions that may violate local laws or regulations.
Corporate Registration Information and Regulatory Status:
Public information on the official website of MultiBank Group Limited shows that its headquarters are located in London, and it is registered with the United States Financial Crimes Enforcement Network (FinCEN) with the MSB number 31000234126807.
Upon verification, the UK Companies House and the Financial Conduct Authority (FCA) websites did not show any registration information for this broker. Additionally, a search in the United States Financial Crimes Enforcement Network (FinCEN) reveals that the MSB number 31000234126807 corresponds to the business entity SSJTCF GROUP LIMITED, not MultiBank Group Limited.
Furthermore, the web design and content of this broker's official website are identical to those of broker websites such as PU Markets Ltd, LOXLEY FX, HCJT GROUP, KFCP, XZDL GLOBAL, Ylehub FX, and many others.
Account Opening:
To open an account with MultiBank Group Limited: Visit the broker's official website, click "Register" on the homepage or the top right corner of the webpage to access the account registration page, fill in your personal email address and set a login password to submit. Once the application is submitted, the account will be successfully registered.
Trading Account Information:
MultiBank Group Limited has not disclosed information on spreads, trading leverage, margin call/stop-out levels, account types, transaction commissions, minimum/maximum trading volume, maximum position/order volume, or minimum price precision on its official website.
Trading Platform:
MultiBank Group Limited offers its users a proprietary trading platform.
Deposit and Withdrawal:
MultiBank Group Limited has not explicitly disclosed the supported deposit and withdrawal methods, fees, or the minimum deposit and withdrawal amounts on its official website.
Conclusion:
Traderknows reminds investors that MultiBank Group Limited is a financial derivatives trading broker website with unclear corporate registration information and lacks effective regulation. The website can only be contacted via email, with very limited contact options. Its official website's design and content use the same template as those of PU Markets Ltd, LOXLEY FX, HCJT GROUP, KFCP, XZDL GLOBAL, Ylehub FX, and other broker websites. Traderknows advises investors to opt for brokers that are transparent about their information, strongly regulated, and have a good reputation for investment trading activities, to avoid unnecessary financial losses.
Currently, this broker is marked as "suspected scam" on Traderknows.
