Tag: MultiBank Group

MultiBank Group Launches MultiBank-Plus Trading Platform

Posted on by Adam Smith
MultiBank-Plus

In a groundbreaking move to start 2024, MultiBank Group, a renowned online financial derivatives company, has unveiled its state-of-the-art mobile application, MultiBank-Plus, along with a newly redesigned website. These launches are part of a comprehensive rebranding initiative, underscoring MultiBank Group's dedication to enhancing customer experience.

The MultiBank-Plus app is a pivotal innovation in the world of online trading. Designed with a user-friendly interface, the app simplifies the trading process, enabling users to open an account in just three minutes. This all-encompassing platform is crafted to provide users with the necessary tools for making informed financial decisions, all from the convenience of their mobile devices.

Presently, MultiBank-Plus is exclusively available in selected countries, including Mexico, Colombia, Germany, Switzerland, the UK, Italy, and the Kingdom of Saudi Arabia.

In parallel with the app launch, MultiBank Group has also transformed its website, showcasing its commitment to a seamless, user-friendly online experience. The revamped website features modern design elements and enhanced navigation, allowing clients to effortlessly access a wide array of financial services and products offered by the company.

Marc Aspinall, the Chief Commercial Officer of MultiBank Group, expressed his excitement about the new offerings. "The introduction of MultiBank-Plus and our website's transformation is a testament to our continuous effort to excel in the finance sector. We are confident that these advancements will significantly improve user experience and herald a new chapter for MultiBank Group in 2024," he stated.

Significantly, MultiBank Group and its subsidiaries adhere to stringent regulatory standards, being regulated by over 14 authorities worldwide, including notable ones like SCA, MAS, CySEC, ASIC, CIMA, and more. This highlights the company's dedication to maintaining the highest levels of security, transparency, and compliance in its global operations.

About MultiBank Group

Established in California, USA, in 2005, MultiBank Group has emerged as a leader in the online trading industry. It boasts a remarkable daily trading volume of over US $12.1 billion and serves a diverse clientele of more than 1,000,000 customers across 100 countries. MultiBank Group offers award-winning trading platforms, providing up to 500:1 leverage on products including Forex, Metals, Shares, Commodities, Indices, and Digital Assets. For further information, visit MultiBank Group's website.

MultiBank Group obtains CySEC CIF license for MEX Europe Ltd

Posted on by Adam Smith
MultiBank

Multinational Retail FX and CFDs broker, MultiBank Group, continues its global expansion with its recent receipt of a Cyprus Securities and Exchange Commission (CySEC) CIF license for its subsidiary, MEX Europe Ltd. The license, granted on May 22, 2023, marks another significant step in the broker's international growth strategy.

MEX Europe Ltd is set to manage the mexeurope.com website, focusing primarily on clientele within the European Union. To bolster this operation, the company is establishing an office in Limassol, Cyprus.

Chairman of MultiBank Group, Naser Taher, expressed immense pride in the acquisition of the CySEC license, acknowledging it as a reflection of the company's commitment to developing a world-class, regulated financial products and services ecosystem.

"MultiBank Group has been operating in the financial industry with an unblemished track record for over 20 years, and as such, it has built a reputation for providing the highest level of funds security, first-class financial services, award-winning technology, and products," Taher stated.

  • The unveiling of MEX Europe comes as MultiBank Group prepares to go public in 2023. The company has several innovative projects in the pipeline, including an inter-bank ECN trading platform for financial institutions and banks, a digital assets exchange regulated in Australia, a globally oriented digital payments processor, and an enhanced social trading application. The firm's aim is to create the world's first cross-asset ecosystem, bridging the gap between traditional and emerging forms of finance.
  • MultiBank Group last October secured licenses from the Securities and Commodities Authority (SCA) of the UAE and the Monetary Authority of Singapore (MAS). These recent acquisitions join an array of regulatory licenses from institutions such as ASIC, AUSTRAC, BaFin, FMA, FSC, CIMA, TFG, and VFSC. With 12 regulators, MultiBank Group assures a fully regulated and secure trading environment for its vast global clientele.

Last year, as part of its global expansion initiative, MultiBank Group moved its headquarters from Hong Kong to Dubai. The Group, comprising several entities, is heavily regulated across five continents by over 11 financial regulators, including those in Australia, Germany, Austria, Cyprus, Cayman Islands, UAE, BVI, Singapore, and Vanuatu.

With over 25 branches worldwide, an impeccable regulatory record, and a loyal customer base exceeding 1,000,000 users, MultiBank Group is poised to maintain its leading position in the global financial industry.