MultiBank Group

MultiBank Group is presented as a trading brand owned by MEX Group Worldwide Limited, rather than a single contracting broker. Its website advertises forex, commodities, precious metals, indices, shares and cryptocurrencies, while the supplied records list separate legal entities across multiple jurisdictions. The company discloses Standard, Pro and ECN accounts: Standard advertises a $50 minimum initial deposit and spreads from 1.5 pips; Pro advertises $1,000 and 0.8 pips; ECN advertises $1,000 and 0.0 pips. Standard and Pro are described as commission-free, but the supplied ECN extract does not establish its commission schedule. These are advertised terms, not independently measured trading costs, and the account offerings are not mapped to a contracting entity or customer jurisdiction.

All three account families disclose MetaTrader 4 and MetaTrader 5. Our site's approved checks against official regulator registers support records for MEX AUSTRALIA, MEX Asset Management, MEX GLOBAL MARKETS, MEX Atlantic, MEX PACIFIC, MEX EUROPE and MB.IO. Their scopes differ: the Australian record shows general advice, dealing and market-making permissions; the Cyprus record includes order execution and foreign-exchange services; MB.IO is recorded as an authorised representative, without observed permissions. Singapore was checked by entity name; its licence-number disclosure state remains unknown. These checks establish named-entity records and observed permissions, not brand-wide authorisation for every advertised product. The UAE, British Virgin Islands and Mauritius licence records remain pending verification.

The central unresolved issue is which entity would accept a particular customer and therefore determine applicable permissions and protections. Website links to MEX Atlantic documents do not settle that question for every account. The company also advertises MEX Atlantic insurance of up to $1 million per account, but the supplied evidence does not establish policy eligibility, exclusions or claims conditions. Advertised leverage reaches 500:1, whereas the MT5 terminal record lists a 400 maximum; applicability needs clarification. Terminal ping figures lack measurement context and cannot establish customer execution quality. Overall, the evidence supports several official registrations and disclosed account differences, but not uniform protections, total costs or service performance across the brand.