Frequent Trading Disputes at MultiBank Group — Investors Urged to Beware Platform Risks

Attention investors: Recently, WikiFX has received a number of complaints about MultiBank Group, with users reporting problems such as an inability to withdraw funds. Shockingly, the platform attempted to shift responsibility, claiming that investors had been using “imitation platforms,” completely denying its own accountability.

Over the past period, there have been more than 700 complaints against MultiBank Group. Most users reported persistent withdrawal failures, with customer service repeatedly delaying responses and funds not arriving even after over a month. According to the latest disclosures, the platform has set unreasonably high minimum deposit requirements and withdrawal thresholds.

Checking MultiBank Group on the official WikiFX website, the platform appears to hold full licenses from ASIC (Australia), CYSEC (Cyprus), BaFin (Germany), and SCA (UAE). However, due to the large number of disputes and complaints, WikiFX has placed the broker on its complaint blacklist, with a very low WikiFX score of only 2.59/10.

Previously, some investors also reported that MBG, a subsidiary of MultiBank Group, suddenly ceased operations, transferring client funds to another subsidiary, MEX, which then came up with various excuses to block withdrawals — raising suspicions of a potential exit scam. From these cases, its clear the Group poses serious safety risks, and users are strongly advised to exercise caution and avoid it.

In addition, multiple regulators around the world have issued warnings about MultiBank Group:

· Spain: CNMV issued a warning against multibankfx.com/es, stating it is not authorized to provide investment services in Spain.

· Italy: CONSOB, under Article 36-bis of the “Growth Decree,” ordered ISPs in Italy to block multibankfx.com and related pages for unauthorized solicitation.

· France: AMF (Financial Markets Authority) placed www.multibankfx.com on its official Forex blacklist, with continued listing on updated versions of its public warning list.

Other European regulators have also relayed these warnings, effectively cautioning their citizens:

· Belgium (FSMA): Republished Spains CNMV warning against MultiBank Group.

· Netherlands (AFM): Listed MultiBank under “Warnings from foreign regulators,” linking to CNMV.

· Sweden (Finansinspektionen): Included the AMF warning about www.multibankfx.com in its official warning list.

Risk Reminder

· If youre unsure whether a U.S. stocks, futures, or forex broker is safe, download the WikiFX app and use the Broker Search function — simply enter the platform name to access regulatory details, user reviews, and WikiFX ratings to safeguard your funds.

· Always search a broker on WikiFX before depositing to quickly identify potential scams.

· Interested in U.S. stocks, forex, or futures but worried about fraud? The most comprehensive broker information can be found here.

· Before depositing, always use WikiFX or other trusted financial anti-scam tools to secure your trading safety.