Alexander Scott L Harris

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Is MultiBank Group a legit broker or a scam?

MultiBank Group, founded in 2005, operates through multiple regulated entities including ASIC (Australia, license 416279), BaFin (Germany, license 120186), DFSA (Dubai, license F003428), and FSC (BVI, license SIBA/L/14/1068). Its official website is https://multibankfx.com . Unlike many offshore-only brokers, MultiBank has tier-1 and tier-2 licenses in respected jurisdictions. With more than 20 offices worldwide and promotional partnerships (e.g., Formula racing sponsorships), the company has established global credibility. Verdict: MultiBank Group is legitimate and heavily regulated, though clients should confirm which specific entity they’re opening with, as protections differ across jurisdictions.