MultiBank Group licence record
Is MultiBank Group regulated by the FMA (NZ)?
Yes, according to our records. MultiBank Group is matched to a licence from the Financial Markets Authority (New Zealand). Confirm it on the register before relying on it.
Search the FMA (NZ) register FMA (NZ) warnings All MultiBank Group licences
What the FMA (NZ) licence means
Based on our licence database, MultiBank Group holds a licence from the Financial Markets Authority (FMA (NZ)), the financial regulator for New Zealand. We classify the FMA (NZ) as tier 2 — strong regulation. Credible regulators with real rulebooks, but fewer safeguards than tier 1 (e.g. no compensation scheme or looser leverage rules).
For MultiBank Group clients whose account is held by its FMA (NZ)-regulated entity, the key protections are: compensation — No compensation scheme; approved dispute resolution schemes; retail leverage — No fixed statutory cap; conduct and disclosure rules apply; negative balance protection — not a regulatory requirement (may be offered contractually); client money — Client money rules for derivatives issuers. Disputes can be taken to Approved dispute resolution schemes (e.g. FSCL, IFSO).
MultiBank Group is also matched to licences from ASIC, BaFin, MAS, CySEC, CIMA and VFSC. ASIC, BaFin and MAS are rated higher than the FMA (NZ) in our methodology, so if you are eligible for those entities you may get stronger protection. Note that clients outside New Zealand may be onboarded to a weaker entity (CIMA or VFSC) instead.
Protection at a glance
- Regulator tier
- Tier 2 — Strong regulation
- Compensation scheme
- No compensation scheme; approved dispute resolution schemes
- Retail leverage
- No fixed statutory cap; conduct and disclosure rules apply
- Negative balance protection
- Not a regulatory requirement
- Client money
- Client money rules for derivatives issuers
- Complaints
- Approved dispute resolution schemes (e.g. FSCL, IFSO)
How to verify this licence
- Open MultiBank Group's client agreement or website footer and note the exact company name and FMA (NZ) licence number.
- Search that name or number on the official FMA (NZ) register. Check the status is current, not cancelled or suspended.
- Confirm the website domain you're using (multibankfx.com) is the one listed on the register — clone firms copy genuine licence numbers.
- Search the FMA (NZ) warnings page and IOSCO I-SCAN for the brand name.
MultiBank Group's other licences
Frequently asked questions
Is MultiBank Group regulated by the FMA (NZ)?
Our database records MultiBank Group as holding a licence from the Financial Markets Authority. Confirm the current status on the FMA (NZ) register: https://fsp-register.companiesoffice.govt.nz/
Does the FMA (NZ) licence protect all MultiBank Group clients?
No. It protects clients whose account is with the specific MultiBank Group company licensed by the FMA (NZ). Clients onboarded to a different group entity are covered by that entity's regulator instead.
Is there a compensation scheme for MultiBank Group clients under the FMA (NZ)?
No compensation scheme; approved dispute resolution schemes
What leverage can MultiBank Group offer under the FMA (NZ)?
No fixed statutory cap; conduct and disclosure rules apply