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MULTILP -

No Regulation

Score

2.10 /10

Danger

MULTILP

Item: MULTILP
Rating: 2.10

Kuwait

5-10 years

Suspicious Regulatory License

MT5 Full License

Regional Brokers

High potential risk

https://multilp.com

Influence

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Comparison

Expose

Exposure

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Website

Score

Regulatory Index0.00

Business Index6.97

Risk Management Index0.00

Software Index7.94

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard

No restriction on the broker account. Support service provided by WikiFX

Single Core

40G

open now

Broker Information

Company Name

Multilp LTD

Company Abbreviation

MULTILP

Platform registered country and region

Kuwait

Company website

https://multilp.com

https://x.com/Multi_Lp_LTD

Facebook

https://www.facebook.com/multilp.LTD/

Instagram

https://www.instagram.com/multi.lp/

https://www.linkedin.com/in/multi-lp-3b9928199/

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!

Previous Detection : 2025-06-30

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Overview

Biz Area

WikiFX Survey

Website

MT4/5

Genealogy

Clones

Keywords

Account

Time Machine

Benchmark	--
Maximum Leverage	1:500
Minimum Deposit	$ 20,000
Minimum spread	as low as 0
Products	--

Currency	--
Minimum position	--
Supported EA
Depositing Method	--
Withdrawal Method	--
Commission	$ 5 per (Lot)

MULTILP · Company summary

MULTILP Review Summary
Founded	2019
Registered Country/Region	Kuwait
Regulation	No regulation
Market Instruments	Forex, CFDs, Precious Metals, Commodities
Demo Account	✅
Islamic Account	✅
Leverage	Up to 1:500
Spread	From 1.5 pips (Standard account)
Trading Platform	MT4, MT5
Minimum Deposit	$100
Customer Support	24h live chat
	Tel: +965 2205 0280
	Email: info@multilp.com
	Address: Kuwait, Block 1, Ahmed Tower, 17 Floor
	Facebook, Instagram, LinkedIn, Twitter
Regional Restrictions	the USA, Iran, North Korea

MULTILP Information

MULTILP is an unregulated broker, offering trading on Forex, CFDs, precious metals, commodities with leverage up to 1:500 and MULTILP spread from 0 pips on MT4 and MT5 platforms. The minimum deposit requirement is $100.

Pros and Cons

Pros	Cons
Demo accounts	No regulation
Various trading products	Regional restrictions
MT4 and MT5 platforms
Live chat support

Is MULTILP Legit?

No. MULTILP currently has no valid regulations. Please be aware of the risk!

What Can I Trade on MULTILP?

MULTILP offers trading on Forex, CFDs, precious metals, and commodities.

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Commodities	✔
Precious metals	✔
Bonds	❌
Options	❌
ETFs	❌

Account Type

MULTILP offers three types of accounts, including Professional, Standard, and Elite account. Besides, it also provides demo accounts and Islamic accounts.

Account Type	Minimum Deposit
Professional	$10,000
Standard	$100
Elite	$20,000

Leverage

MULTILP offers maximum leverage at 1:500 for all account types. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

MULTILP Fees

Account Type	Spread	Commission
Professional	0.8 pips	0
Standard	1.5 pips	0
Elite	0 pips	$5 per lot

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Desktop, mobile, web	Beginners
MT5	✔	Desktop, mobile, web	Experienced traders

User Reviews

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FX1139924281

more than one year

MULTILP's spread and commission seem to be acceptable, I don't know if there are other hidden fees. But I wouldn't trade here for safety reasons.

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2022-12-12 12:13