China Cracks Down on Online News
2017-5-5 | Blog
While ‘fake news’ has come under attack in the West, a news crackdown of another sort is underway in China. The Chinese government has announced plans to tighten its control over online news content with the introduction of comprehensive legislation that will require all companies that publish, edit or share news to hold a government license. Organizations without a license will not be able to post news or commentary about the government, military, economy or other “areas of public interest”.
The new rules, which go into effect on 1 June, will affect a wide range of platforms and providers, including websites, blogs, microblogs, forums, internet broadcasts and instant messaging tools.
China is home to the world’s largest online population, with some 700 million people, or roughly half the population, considered regular internet users. As in many other countries, the internet and social media are primary sources of news for a large share of the populace. Restrictions imposed on internet content providers in the country are already considered Orwellian by many, with major Western websites like Google, Facebook, YouTube and Twitter blocked or outright banned in the country.
Introducing Broker Services
MultiBank is recognized worldwide for its Introducing Broker service with a network of over 30,000 Introducing Brokers many of whom have partnered with MultiBank since 2005. We value our Introducing Brokers and offer them the highest levels of personalized customer care which allows them to expand their business. Our IB products and services include, but are not limited to, industry leading commission and rebate returns, customized account opening applications, full IB account panel enabling the monitoring of rebates and account movements, a wide range of trading instruments, analysis and technology tools (including MAM and PAMM accounts).
Deposits
You can fund your trading account instantly using a variety of secure payment options. All our client funds are held in separate bank accounts with the world’s top tier one banks. Please click “Find Out More” for details of the various deposit methods.
Withdrawals
MultiBank provides you with easy and instant access to your money. To withdraw funds from your account simply submit your withdrawal request online using the MyMEX account area. Alternatively, please send us an email to ics@mexgroup.com from the email address associated with your account and our Customer Support Department will assist you with your withdrawal request.
Worldwide Presence
Our group is heavily regulated worldwide by the Australian Securities and Investment Commission (“ASIC”) of Australia, the Federal Financial Supervisory Authority (“BaFin”) of Germany, the Financial Services Commission (“FSC”) of the BVI, the Cayman Islands Monetary Authority ("CIMA")and the others. MultiBank has offices in Sydney, Los Angeles, Vienna, Frankfurt, Madrid, Cyprus, British Virgin Islands, Cayman Islands, Shang Hai, Beijing, Tianjin, Shanghai, Hangzhou and Ho Chi Minh City.
Security of Funds
MultiBank continues to provide clients with the highest level of security of funds through various funds protection and custodial programs. Our companies are regulated globally, and we uphold the strictest regulatory requirements.
Technology
MultiBank provides award-winning technology solutions which allow customers to manage their business and trade with ease and full control.
MultiBank is a pioneer in the financial technology arena by being one of the first companies to launch a Forex Exchange in China, and by developing and owning all its software and trading systems. We have been consistently recognized as one of the world’s fastest growing FinTech firms that operates an Exchange trading model
MultiBank's Franchise Program allows established Introducing Brokers to open offices under the ‘MultiBank’ brand name, introduce their company as part of MultiBank Exchange Group and enjoy exclusivity in the use of MultiBank’s products and brands in their region.
The Franchise Program provides partners with the perfect opportunity to expand their business while enjoying a wide ranging of exclusive benefits including expenses and revenue sharing, marketing support and higher rebate schedules.
MultiBank Franchise Program Benefits:
Live Account
MultiBank offers its valued Customers direct trading access to banks and exchanges through its advanced trading platforms.Open a trading account with one of our regulated companies to trade a variety of instruments including foreign exchange, metals and CFDs
Demo Account
We offer a wide range of powerful trading technologies that give you direct market access to Banks, ECN’s and exchanges.Open a free $100,000 Demo Account and test our cutting edge trading platforms offering foreign exchange, metals and CFDs.
Products
MultiBank offers individuals, introducing brokers, institutions and banks cutting edge ECN exchange execution, stable platforms and unbeatable pricing in the field of online financial trading in products, including but not limited to, Foreign Exchange, Metals (Gold & Silver), Contracts for differences (CFDs), Stock CFDs .
Trading Tools
Improve your trading strategy and make better decisions by utilizing MultiBank’s wide array of trading tools, including MAM & PAMM accounts, VPS, Expert Advisors (EAs) & APIs. Keep up with the latest market news, updates and analysis.