PR98393

DUBAI, UAE, Oct. 20, 2022 /PRNewswire=KYODO JBN/ --

    MultiBank Group, the largest financial derivatives institution worldwide,

has consolidated its position as the world's most regulated broker, announcing

that its subsidiaries have been awarded coveted licenses issued by two of the

most respected regulators worldwide, including the Securities and Commodities

Authority of the UAE ("SCA") and the Monetary Authority of Singapore ("MAS").

    From its establishment in 2005, MultiBank Group has maintained an

unparalleled record, with 11+ financial regulators and over 25 branches

worldwide. The Group provides its clients with the highest level of fund

security, guaranteeing 24-hour withdrawal processing, offering a one-of-a-kind

excess loss insurance underwritten by Lloyds of London through its subsidiary

MEX Atlantic.

    MultiBank Group comprises several financial institutions that are regulated

by financial authorities including, ASIC of Australia, AUSTRAC of Australia,

BaFin of Germany, FMA of Austria, SCA of the United Arab Emirates, MAS of

Singapore and CIMA of the Cayman Islands.

    Mr. Naser Taher, Founder & Chairman, stated, "It is with great delight that

today we announce the launch of newly licensed entities regulated by SCA and

MAS. We are the world's most heavily regulated broker, registered with over 11

regulators worldwide, and shall continue our long-term commitment to advancing

regulatory standards for the benefit of traders globally. We are very proud

that MultiBank Group has an impeccable record with its global regulators. In an

age where 'AAA' rated banks encounter consistent regulatory challenges, such a

flawless regulatory status is indeed unique within this industry. As a result

of our considerable track record, our over 1,000,000 valued clients, have

entrusted us for the last three decades to be their safe and trusted financial

products and fintech provider."

    With a team of highly qualified and experienced industry veterans,

MultiBank Group continues to strengthen its position as the global leader in

regulations, fintech technology, brokerage services and financial products,

whilst experiencing unprecedented growth year-on-year across all metrics

including trading volumes, clients and recording-breaking financial results.

    About MultiBank Group

    MultiBank Group was established in California, USA, in 2005. It boasts a

daily trading volume of over US $12.1 billion and services an extensive client

base of over 1,000,000 customers across 100 countries. MultiBank Group has

evolved into one of the largest online financial derivatives providers

worldwide, offering its valued customers award-winning trading platforms, with

up to 500:1 leverage on products including Foreign Exchange, Metals, Shares,

Commodities, Indices and Digital Assets. For more information, please visit

MultiBankFX.com [ https://multibankfx.com/ ].

    Video: https://www.youtube.com/watch?v=F19XNxIQzdc

    Photo: https://mma.prnewswire.com/media/1925803/MultiBank_Group.jpg

    Source: MultiBank Group