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MultiBank Group regulation: what happens if the firm fails

The licence is what decides where your money sits and who is obliged to do something about it. Here is who licenses MultiBank Group and what the protections are.

Facts last checked . Read the full MultiBank Group review.

Regulation and safety

Regulated by
ASIC (AFSL 416279); MAS (CMS101174); CySEC (430/23); BaFin (HRB 73406); FMA Austria (491129z); CIMA (1811316); UAE Capital Market Authority (20200000477); BVI FSC (SIBA/L/14/1068); 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

The licence is what decides where your money sits and who is obliged to do something about it.

MultiBank Group holds tier-one authorisations from ASIC, CySEC, MAS, FMA and BaFin. 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

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.

Is there a compensation scheme at MultiBank Group?

MultiBank Group's compensation scheme is recorded as: Lloyd's of London excess-loss insurance up to $1 million per account under MEX Atlantic; statutory protection varies by entity. A scheme covers the broker failing, not losses on your trades.

Regulation at brokers under the same regulator

More about MultiBank Group