High Risk
Reported as a scam / unregulated
SF-705865registry entry
Why Multi LP is on the register
Multi LP claims to be a licensed broker under regulation of Kuwait Ministry of Commerce and Industry. However, Kuwait Ministry of Commerce and Industry is not an authority that regulates forex activities. Moreover, as per information we have, Kuwait has no authorities issue licenses for forex trading or regulate entities that offer forex services. That means Multi LP is not regulated by any regulators. Letting this broker hold or control investors’ money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.