Multivest Review
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Fast Facts
Contact Info and Support
Traffic information
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About Multivest
Multivest Trading Services LLC, registered at First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, Saint Vincent and the Grenadines, openly states in its Terms & Conditions that it is not required to hold any financial services license or authorization in that jurisdiction ().
The broker offers trading in leveraged products including Forex, CFDs, indices, commodities, and cryptocurrencies via its proprietary online trading platform, which may include MetaTrader; specific platform names and functionality are not confirmed ().
Trading conditions cited include account types labeled “Standard”, “Professional”, and “Platinum” with minimum entry amounts of $300, $1,000, and $5,000 respectively, promised returns (e.g., $1,200 on $300 in 12 hours for Standard), and a 10 % withdrawal commission described as catering for copy‑trade strategy; these figures are provided in the broker’s Terms & Conditions ().
Independent verifications confirm that Multivest operates without any recognized regulatory licenses. The broker is not found in registers of FCA, ASIC, BaFin, CFTC, or Central Bank of Ireland. Reports label it as offshore and unregulated, with unsafe client fund protection, high-leverage offerings up to 1:500 or 1:1,000, and minimum deposit requirements (e.g., $250) according to third-party reviews ().
Who it’s for
- Traders seeking high leverage exposure up to 1:500 or more.
- Individuals undeterred by the absence of regulatory protection or investor compensation mechanisms.
Pros and cons
Pros
- Offers multiple account tiers with short-term, fixed-duration return promises.
- Provides leveraged trading across Forex, CFDs, commodities, indices, and cryptocurrencies.
Cons
- Operates without any recognized financial regulatory license.
- Provides no segregation of client funds, negative balance protection, or compensation scheme.
- High‑leverage offerings contradict regulatory norms in licensed jurisdictions.
- Withdrawal terms include a substantial 10 % commission and potentially opaque conditions.
