✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will tell you why You should NOT invest in MultiBank Group. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about MultiBank Group and we will tell you why we reached such a conclusion:
Basic Information
| 🌐 Website | multibankfx.com |
| 🏠 Company | MEX Group Worldwide Limited |
| ️ Regulatory | Not regulated |
| [email protected] | |
| 📈 Leading | MetaTrader 4 – MetaTrader 5 |
| 📌 Direction | 200 Gloucester Road, Wan Chai, Hong Kong |
⚠️ MultiBank Group is owned by MEX Group Worldwide Limited, the company is located in Hong Kong, a potentially dangerous tax haven for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. ⚠️
Account types
Now we will analyze the types of accounts offered by MultiBank Group, in this case, we observe that it offers 3 different types of accounts:
| Account type | Minimum initial deposit |
| Standard | $50 |
| Pro | $1,000 |
| ECN | $5,000 |
Information on the web
MultiBank Group provides a basic explanation about the financial products it offers, market news and analysis, economic calendar, asset calculator, live charts, FAQ section, really not much more than this.
List of phone numbers
At the moment we have not found phone numbers.
🚫 Final valuation of MultiBank Group 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH MultiBank Group.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
Updates
News about MultiBank Group:
| Date | Update – news |
|---|---|
| October 2022 | Complaint against AMF MultiBank Group. |
| June 2023 | Complaint against FCA MultiBank Group. |
| June 2023 | We have received a large number of complaints about this company |
| June 2023 | The MultiBank Group company is closely related to MEX Group. |
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with .
At the end of the review you will find customer comments.
How to Claim Money scammed by MultiBank Group
If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.
How to Report MultiBank Group
If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.
FAQs
How can I report MultiBank Group?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is MultiBank Group a scam – is it a scam?
Yes. We believe that MultiBank Group is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is MultiBank Group trustworthy?
No. MultiBank Group is not trustworthy, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to recover money from MultiBank Group?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
Are there (recommended) alternatives to MultiBank Group?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
I have lost all credibility of this broker since Jorge Alberto Gonzalez (the clown disguised as a director) took charge.
He was one of the biggest scammers in the industry since he sold his forex signals, robbing many people due to lack of economic need.
I recommend that you look for another broker (anyone) before giving a single cent to this broker.
Hello Hernan, thank you for commenting on MultiBank. It is currently considered a SCAM. The AMF (The French Financial Regulator) has put an alert on them, for not having the regulation to carry out their activity (See AMF link).
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY
Greetings.
Beware of this broker, Mr. Alberto González, the pseudo owner who claims to be, asks that a percentage of the profits be deposited in his personal account so that he can withdraw them. He is a scammer, I already sent the complaint to the main offices so that the information reaches the real owner.
Hi Rodrigo, thanks for commenting on MultiBank. At present it is considered a SCAM. The AMF (The French Financial Regulator) has put an alert on them, for not having the regulation to carry out their activity (See AMF link).
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY
Greetings.
all money you invest is equal to lost money that will not be returned to you, do not believe these thieves!!!!
Hello Giacomo, thank you for commenting on MultiBank. At present it is considered a SCAM. The AMF (The French Financial Regulator) has put an alert on them, for not having the regulation to carry out their activity (See AMF link).
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY
Greetings.
They are very scammers, on top of that they are denounced by AMF
Hello GASTON88, thanks for commenting on MultiBank. It is currently considered a SCAM. The AMF (The French Financial Regulator) has put an alert on them, for not having the regulation to carry out their activity (See AMF link).
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY
Greetings.
Hail, I just created a real account trading with the multi bank app. The app allows me to deposit a whole lot of things that I don't do clearly and I don't give my document. I can't cancel my trading account because I do need to contact a suspected broker. nell'account risultano saldi ecc chiaramente pari a zero però potrebbero andare in negative?. Cosa dovrei fare per cancellare tale account? I am limited to sending an email to the gentleman who has contacted me all'initio to no avail.
Hi Giorgio, just block any contact with them, they will try to make you offers and convince you to invest and that will be torture for you, just block all contact.
Greetings.
They are advertised on all the pages and they seem serious but they are thieves, I am trying to find information that will help me recover my money, I am talking about a very large amount. More than 50.000 euros. I hope you can help me. They are scammers.
Hello Bitl, you must get your money back, you must not waste any more time. Thank you for commenting on MULTIBANK. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. DO NOT do it! It is a clear sign that they want to steal more money from you and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU.
Greetings.
What is your contact information maybe I can help you
He is not a good broker at all...
It is not a good broker at all. They held a tournament where the policies say that China cannot participate and then the ones who are winning are the Chinese with an absurd increase in the account of 100 thousand dollars in less than 20 days, they increased it to 1.742.000. XNUMX dollars, that is absurd, I see why they are not regulated in the United States, apart from the commission they charge is quite high, do not open an account in this fraud.
Hi Cesar Augusto, thanks for commenting on MULTIBANK. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. DO NOT do it! It is a clear sign that they want to steal more money from you and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU.
Greetings.
Hi, I'm from Ecuador, these multibankers are thieves by profession. broker scam
Lousy broker, it looks like a binary broker, I entered an operation and the broker takes you out without having hit the stop.
Hi JR, thanks for commenting on MULTIBANK. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. DO NOT do it! It is a clear sign that they want to steal more money from you and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU.
Greetings.
Very gentlemen of mine:
I have recently been scammed by MULTIBANK GROUP out of 200.000 euros. I am currently taking steps to try to get my money back. I live in Madrid.
Several supposed law firms have recently called me and I think they are yet another scam that I have discovered thanks to their social information networks.
Can you help me in an effective way?
Many Thanks
Isidro Sierra Footwear
Hello ISIDRO, we work with the most serious and professional company in the capital recovery sector and more specifically in the specific case of online scams.
Our recommendation in your case is that you pay no attention to the so-called capital recovery firms since there are many that are false, they pose as lawyers and are neither lawyers nor recoverers.
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.