MultiBank Group (MBG/MEX) has been criticized by investors in multiple countries for slow withdrawals, hidden fees, unfair trading conditions, and a lack of transparency in customer service. These issues have caused investors to lose both money and trust. According to WikiFX, the broker has a credibility score of only 2.59/10, signaling high risk. Investors should be cautious and verify all information before depositing funds.
MultiBank Group (MEX Global Financial Services LLC) is widely known as one of the international forex brokers offering a variety of financial instruments, ranging from forex, indices, commodities, precious metals, to stock CFDs. However, behind that global image, numerous reports of alleged fraud have surfaced, raising concerns among traders, including in Indonesia. This article provides a comprehensive review of its legality, accounts, promotions, and WikiFX warnings to help you stay alert.
ASIC bans adviser Milutin Petrovic for six years after misleading SMSF clients into a failed property fund linked to United Global Capital.
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.
Recently, U.S. FX TV has been airing a hit drama—Alien: Earth—a prequel to the horror classic Alien, rivaling the cultural frenzy once sparked by Prison Break, Season 1. In the film, deep inside a starship’s wreckage, leathery eggs pulse with a cold glow. When a human hand brushes the shell, a facehugger bursts out—eight fingers latch on, a tube pierces the throat, and an embryo slips down into the warm chest cavity. The host appears to recover, unaware that a fanged creature is gnawing at his heart from within. In reality, a similar parasite stalks the forex world. Its name: MultiBank Group. With its golden “regulatory licenses” serving as camouflage eggs, it quietly deposits them into unsuspecting Chinese communities. Three years ago, it drained countless investors in China, then slithered into Malaysia—its new host—where it opened its sinister eyes.
Wondering what forex MT4 Indicators do to magnify your trading experience? Don’t fret, here is your answer! They are mathematical tools that allow traders to do effective technical analysis of their preferred currency prices. The technical analysis is built on a strong belief that history repeats itself. This is a clear indicator of past price behavior, providing reliable cues for future price action. Traders can thus look forward to using MetaTrader 4 indicators to understand the existing price action and spot the best entry or exit price points in the market.
The stop-limit order is an essential tool for any trader looking to graduate from basic execution methods to a more strategic and controlled approach. It directly addresses one of the most significant hidden costs of trading: slippage. By allowing you to define not only your entry trigger but also your absolute price limit, it puts you back in command of your execution. While its power lies in precision and price control, this comes with the inherent risk of non-execution. You are making a conscious choice to prioritize a good price over a guaranteed fill. Understanding this trade-off is the key to using the order effectively. It is a sophisticated instrument, and like any such tool, it requires practice. We strongly encourage you to open a demo account and experiment with placing buy and sell stop-limit orders in various market conditions. Test different ranges between your stop and limit prices. See how they perform during volatile news and quiet sessions. By building this hands-on e
Eight years ago, the absurdly hyped token “MLGB” (马勒戈币) made waves with its ridiculous “cloud-based AI alpaca” narrative and celebrity endorsements. As expected, it ended in disaster—collapsing into debt disputes and exit scams. Few imagined that another team—operating simultaneously in both forex and crypto—would, years later, stage a new conspiracy under the name MBG, once again targeting the Chinese community.
We've covered what is buy limit in forex, how it compares to other orders, the practical steps to place one, and advanced strategies for its application. We've also been honest about its inherent risks. Your next step is to open a demo account and practice. Set up trades using support levels, trendlines, and Fibonacci retracements. Get a feel for the process, experience an order being missed, and see a plan come together perfectly. This practice is what builds the confidence and skill to use what is buy limit in forex as a cornerstone of your live trading, fostering the precision, discipline, and planning that define a successful trader.
Ultima Markets becomes Inter Milan’s Exclusive Regional Partner in Asia, launching co-branded content and trader education under a multi-year deal.
For a trader, the decision on what contract size to use is the single most important decision made before entering a trade. Master it, and you master your risk. Master your risk, and you give yourself the best possible chance at sustained profitability in the markets.
If you are into forex trading and not aware of the latest happenings in the forex market, there are chances you may fall victim to your broker or another broker you don't know about. Knowledge is the only weapon that protects you from any Investment scam. Therefore, there is an article you must read about Binomo, why are users showing disappointment with this broker?
At first glance, FXPrimus appears to be a reputable broker. Its website looks polished and professional, giving the impression of trustworthiness. However, behind this sleek appearance lies a concerning reality. The broker has numerous complaints registered against its name—a series of red flags that you simply can’t afford to ignore. In this article, we’ll tell you the reasons why traders are backing away from FXPrimus.
Want to invest in forex trading options? You should first learn the concept of foreign exchange options. A lot of traders remain unaware of it. Forex options serve as a great tool for investment diversification and hedging of a spot position. They can also be used to predict short or long-term market views as opposed to trading in the currency spot market.
Brokers often show only their attractive side. They highlight their features, bonuses, and promises of high returns to gain your trust. But behind the scenes, there can be a darker reality they don’t talk about. AZAforex is one of those brokers. We found many red flags during our research about it. All five major warning signs are revealed in this article! Read until the end.
Wondering what does equity mean in forex trading? You are at the right place! It simply indicates the traders the capital they have currently to trade. Equity is arrived at after adding current profits to the trading balance. In case the trade witnesses losses, they will be subtracted from the trading balance. Upon the closure of all trades, your trading balance is your equity.
ATTENTION ALL INVESTORS AND TRADERS! This week's Fraud Brokers Alert List is here and you need to see it before you make your next move. If you really value your investments, don't ignore this list. One wrong click could cost you everything. Check the names NOW before it’s too late!
Kato Prime advertises instant withdrawals, low spreads, and even claims high ratings from WikiFX but the reality is far less reassuring. This review reveals the facts every trader should know. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform.
VT Markets secures UAE SCA Category 5 license in Dubai, enabling introduction and promotion services as it advances compliant expansion plans.
As a globally leading forex ecological service platform, WikiFX has been deeply rooted in the industry for over a decade and has become a technology-driven leader in forex investment security. To recognize the efforts of forex professionals in building a healthier industry ecosystem, we are proud to present the “WikiFX Golden Insight Award.” It aims to bring together brokers, IBs, KOLs, service providers, and other industry professionals to jointly foster a robust global forex ecosystem and recognize industry elites for their outstanding contributions.