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Inactivity fees may apply, which can be a drawback for less active traders.
MultiBank Group Review 739
I hope all foreign exchange traders will read the following warning information carefully: Multibank sent an email on June 12 to notify that the order would be closed (position closed) on June 26. I immediately asked IB how to deal with it. IB told me that he would handle it, and then I was told that Multibank wanted to close the Malaysian market! The original statement was to change the original KYC to a Singapore address, and it was also updated before June 26 as instructed. But I woke up early on June 27 and found that my position was forced to close! I have always been a long-term trader. Although I also have short-term trades, I mainly focus on long-term trading. Multibank only gave less than 14 days to force customers to close their positions. This is undoubtedly an attempt to swallow up customers' funds under the pretext of terms! (I encountered the same situation at ZFX before, but ZFX notified me 6 months in advance so that I had enough time to close my positions) After that, I reflected my demands through a video conference with Philippine executives, but there was no clear response. Even the person in charge of Multibank who had been in contact with us did not respond at all! Originally, my investment was only 10,000 USD. Later, because I knew Multibank was strong, I opened another account with 50,000 USD, and then invested about 15,000 USD! I never expected that Multibank would rob customers’ funds openly! ! ! What does it matter if the company’s background is strong? What does it matter if it has a license? ! It turns out that any large foreign exchange platform can take away customers’ funds under the pretext of withdrawing from a certain country’s market. You may say: The platform has already notified you, why don’t you close the position? If I want to close the position, why should I wait until it drops so much before closing? I am a long-term layout and I treat it as savings and don’t care about floating losses, but what I care about is why the platform only gives customers 14 days to close the position? It was originally promised that the address can be updated without closing the position, but how can I know that after providing the information, it is still forced to close the position! Isn’t this equivalent to robbery? Imagine that I personally lost $30,000, and another friend lost $80,000 (he originally wanted to add another $5 million). What about other Malaysian customers? How much money did Multibank take away from investors in the Malaysian market? If they are not punished, every platform will follow their example in the future. Is this a good thing for the forex industry? Who will dare to trade forex in the future? I will be the first to quit the forex market forever. It is really unscrupulous! Don’t think that the platform holding many licenses can guarantee the safety of your funds.
I was a victim of part-time job fraud on June 19 2024. Initially I was only told to like and follow the TikTok account to get a daily bonus of 10,000 rupiah. I followed the instructions and directions from the mentor and was given the task of buying goods and was promised money back along with bonuses. Initially I transferred 198,000 and it was returned along with a bonus of 39,000. To continue being a part-time employee, you have to complete several more tasks, namely I reached the 14th task and had to deposit 2,600,000 and I have transferred. It turned out that in task 14 there was another task that had to transfer 7,258,000 with the reason that if it was not completed then the money that had been transferred could not be returned. Finally I transferred money worth 7,258,000. and it turns out there is still another task of having to transfer more money, around 12 million rupiah. From there I realized this was a scam and I didn't continue because I no longer had any money. Please help return my money that has been cheated.
I was working as affiliate to them, earned commission of USD 4200, but they have denied to pay without any reason, check the attachment and message from their manager, where he accepted company is doing wrong for no reason.
Using the SUPER AI OPTIONS 7 software, searching for Multibank Group and conducting forex trading, when attempting to withdraw funds, customer service stated that income tax must be paid. After payment, they indicated a suspected risk of money laundering and required additional payment for an audit. Is this a scam?
Good morning, my case is that in a telegram group, they told me to make some deposits and as a reward, I would be returned plus a commission for doing so, it turns out that on the third deposit, they told me that I should make one more deposit to get my money back more the benefits, I have done it as is and then they have asked me to pay more, and I did not want to pay more, and until now they have my money, and they say that to recover it I must pay €480 and I do not have that money, in fact they have €150 taken away from work and effort. Thank you I hope you can help me.
Dear All Reader,I would like to tell everyone that multibank is scam broker, they offered a partnership and had to pay me an amount of USD 4200, which they didn't pay and neither is responding to any email. The communication with the manager is also attached herein, he clearly mentioned that company is doing wrong and I am on right, they are not responding to the emails and have blocked the account so I cannot take any screenshot of the earnings.
I deposited 10,000 US dollars as required by the customer service and opened an ecn account. After I deposited the money and got the account to start trading, the system showed that trading was prohibited, and I did not get an effective reply when I sent multiple emails to the customer service mailbox.
MultiBank Group simply ran away. Now it is back to commit fraud. Please be careful.
