MultiBank Group does not allow an investor to withdraw? But why?

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!