Global Broker Regulation Inquiry App
WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
MultiBank Group does not allow an investor to withdraw? But why?
Abstract： MultiBank Group is an online forex broker offering a series of financial instruments to its clients across the globe. It has experience of more than 10 years. But recently one investor from China told us that this broker does not allow him to withdraw.
About WikiFX
WikiFX is an authoritative global inquiry platform providing basic information inquiry and regulatory license inquiry. WikiFX can evaluate the safety and reliability of more than 36,000 global forex brokers. WikiFX gives you a huge advantage while seeking the best forex brokers.
About MultiBank Group
MultiBank Group also called MEX Group Worldwide Limited, is an online forex broker offering a series of financial instruments to its clients across the globe. It has experience in the forex market for more than 10 years. However, forex trading is a profitable business as well as risky. Recently, due to too many complaints. The WikiFX score of this broker has reduced rapidly. According to WikiFX, MultiBank Group has been given a very low rating of 2.19/10. If you want to know more about this broker, please click this link. www.wikifx.com/en/newsdetail/202207288084200241.html
According to the above, One trader from China claimed that he invest around $3000 in this broker on December 20, 2021.
We can see that this trader invests around $1500 on August, 12,2021.
An Investor from China exposed to WikiFX the issue of MultiBank Group not being allowed to issue gold. The investor invested about RMB 20,000 in MultiBank Group on December 20, 2021, and RMB 10,000 on August 12, 2021. On June 15, 2022, MultiBank Group rejected the withdrawal request.
Conclusion
An Investor from China exposed to WikiFX the issue of MultiBank Group not being allowed to issue gold. The investor invested about RMB 20,000 in MultiBank Group on December 20, 2021, and RMB 10,000 on August 12, 2021. On June 15, 2022, MultiBank Group rejected the withdrawal request.
As we know so far, WikiFX has received more than 400 complaints against this broker within 3 months. Due to too many complaints, we have reason to believe that what happened to this investor was not an accident. we advise traders to avoid MultiBank Group as possible as you can. After all, something that happened to this victim may happen to any of you.
Protecting the legitimate rights and interests of forex traders are always the primary concern of WikiFX. WikiFX exposed this case to the public to remind all traders of the potential risks. After all, what happened to Mr. Woodburn could happen to any of us. All traders should be vigilant when investing in a broker.
WikiFX is actively reaching out to the victim and other traders hoping to find more evidence to help him resolve the problem. Please stay tuned for more information.
WikiFX keeps track of developments, providing instant updates on individual traders and helping investors avoid unscrupulous brokers. If you want to know whether a broker is safe or not, be sure to open WikiFXs official website (https://www.WikiFX.com/en) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html) to evaluate the safety and reliability of this broker!
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
Garanti BBVA Securities Exposed: Traders Report Unfair Charges & Poor Customer Service
Have you been financially ruined through chargebacks allowed by Garanti BBVA Securities? Do you have to wait for hours to get your queries resolved by the broker’s customer support official? Did the same scenario prevail when you contact the officials in-person? Failed to close your account as Garanti BBVA Securities officials remained unresponsive to your calls? Many have expressed similar concerns while sharing the Garanti BBVA Securities review online. In this article, we have shared some complaints against the broker. Take a look!
Original 4h
In-Depth Review of Stonefort Securities Withdrawals and Funding Methods – What Traders Should Really
For any experienced forex and CFD trader, the mechanics of moving capital are as critical as the trading strategy itself. The efficiency, security, and transparency of a broker's funding procedures form the bedrock of a trustworthy, long-term trading relationship. A broker can offer the tightest spreads and the most advanced platform, but if depositing funds is cumbersome or withdrawing profits is a battle, all other advantages become moot. This review provides a data-driven examination of Stonefort Securities withdrawals and funding methods. We will dissect the available information on payment options, processing times, associated costs, and the real-world user experience. Our analysis is anchored primarily in data from the global broker regulatory inquiry platform, WikiFX, supplemented by a critical look at publicly available information to provide a comprehensive and unbiased perspective for traders evaluating this broker.
Original 5h
MH Markets Deposits and Withdrawals Overview: A Data-Driven Analysis for Traders
For any experienced trader, the integrity of a broker is not just measured by its spreads or platform stability, but by the efficiency and reliability of its financial plumbing. The ability to deposit and, more importantly, withdraw capital without friction is a cornerstone of trust. This review provides an in-depth, data-driven analysis of the MH Markets deposits and withdrawals overview, examining the entire fund management lifecycle—from funding methods and processing speeds to fees and potential obstacles. MH Markets, operating for 5-10 years under the name Mohicans Markets (Ltd), has established a global footprint. With a WikiFX score of 7.08/10, it positions itself as a multi-asset broker offering a range of account types and access to the popular MetaTrader platforms. However, for a discerning trader, the real test lies in the details of its payment systems and the security of their funds. This article dissects the MH Markets funding methods withdrawal experience, leveraging pr
Original 5h
GAIN Capital Review: Exploring Complaints on Withdrawal Denials, Fake Return Promises & More
Is your forex trading experience with GAIN Capital full of financial scams? Does the broker disallow you from withdrawing your funds, including profits? Have you been scammed under the guise of higher return promises by an official? Does the GAIN Capital forex broker not have an effective customer support service for your trading queries? Concerned by this, many traders have shared negative GAIN Capital reviews online. In this article, we have discussed some of them. Read on!
Original 6h
WikiFX Broker
Latest News
The 350 Per Cent Promise That Cost Her RM604,000
WikiFXIn-Depth Uniglobe Markets Commission Fees and Spreads Analysis – What Traders Should Really Know
WikiFXWikiFX's New Evaluation of ATM Capital LTD: Does its License Protect the Arab Investor?
WikiFXIs Axi Legit? A Data-Driven Analysis of Its Regulatory Standing and Trader Feedback
WikiFXHow a Fake Moomoo Ad Led to the “New Dream Voyage 5” Scam
WikiFXFXPesa Review: Are Traders Facing High Slippage, Fund Losses & Withdrawal Denials?
WikiFXTrive Investigation: High Score, Hidden Risk - The Profit Paradox
WikiFXCMC Markets Australia Revenue Surges 34%, But High-Net-Worth Clients Face Tax Phishing Threat
WikiFX"Just 9 More Lots": Inside the Endless Withdrawal Loop at Grand Capital
WikiFXGCash Rolls Out Virtual US Account to Cut Forex Fees for Filipinos
WikiFXCurrency Calculator
USD
CNY
Current Rate: 0
Amount
USD
Available
CNY
Calculate