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MultiBank Group: Accumulates 728 Scam Complaints

MultiBank Group: Accumulates 728 Scam Complaints

MultiBank Group presents itself as a global powerhouse in derivatives, CFDs, and Forex, with a presence in several countries, thousands of instruments, and "up to 16 regulatory licenses." The showcase is impeccable: polished websites, social media campaigns, influencers, and promotional prizes. But the experience of those who have actually traded with the group tells a different story. The document analyzed gathers hundreds of complaints from customers in different countries, culminating in 728 complaints—most involving withdrawal issues, account blocking, bonuses that block withdrawals, and regulatory opacity. These elements, combined, pose a high risk for Forex investors seeking a reliable broker. Throughout this article, we expose the critical points raised in the complaints and explain, in a practical way, how to recognize and avoid the pitfalls of unreliable brokers.

News 09-05

Payrolls rose 22,000 in August, less than expected in further sign of hiring slowdown

Nonfarm payrolls were expected to increase by 75,000 in August while the unemployment rate edged up tp 4.3%.

Industry 09-05
Cyprus ICF Ejects Four Firms After CySEC Licence Revocations

Cyprus ICF Ejects Four Firms After CySEC Licence Revocations

CySEC withdraws four brokers’ licences, ending ICF coverage for future trades. Existing clients may still claim compensation. Always check broker's status before investing.

News 09-05
WikiFX Launches Safepedia Lounge Today: Co-Building a Forex Safety Knowledge Community with Users

WikiFX Launches Safepedia Lounge Today: Co-Building a Forex Safety Knowledge Community with Users

As a globally leading forex information service platform, WikiFX is pleased to announce the upcoming official launch of its new initiative – the “WikiFX Safepedia Lounge”. This platform aims to create an authoritative, trustworthy, and open forex knowledge community for investors through high-quality content and expert interaction.

News 09-05
EC Markets Posts Record 2024 Earnings as Global Expansion Accelerates

EC Markets Posts Record 2024 Earnings as Global Expansion Accelerates

EC Markets’ 2024 revenue nearly doubles year-on-year, fueled by global growth, new regulatory licenses, and diversified income streams in forex and CFD brokerage.

News 09-05
NOZAX Broker Review 2025

NOZAX Broker Review 2025

NOZAX is a Montenegro-registered forex and multi-asset broker founded in 2017. It offers MetaTrader 5 access to forex, shares, indices, and commodities, and three account tiers (NZX ZERO, NZX CORE, NZX CENT).

Exposure 09-05
Is MTrading Licensed or Operating Illegally?

Is MTrading Licensed or Operating Illegally?

MTrading broker review: Unregulated status, high-risk leverage, mixed user feedback, scam warnings, and essential red flags for traders seeking safety and transparency.

Exposure 09-05
【WikiEXPO Global Expert Interviews】 Cleopatra Kitti: A Foresight on Cross-Border Regulation

【WikiEXPO Global Expert Interviews】 Cleopatra Kitti: A Foresight on Cross-Border Regulation

Ahead of WikiEXPO Cyprus, we had the pleasure of interviewing Cleopatra Kitti, an INSEAD-certified independent director and strategic advisor to businesses and governments. She has over 30 years of experience in governance, sustainability, and cross-border affairs, and has been active in the EMEA, US, and UK markets. As a member of the Board of Directors and Chair of the Nominating and Internal Governance Committee at Eurobank Cyprus, she emphasized the core role of compliance, professionalism, and independent thinking in the governance of financial institutions, and shared insights on the delicate balance between regulatory frameworks and long-term value creation for businesses.

News 09-05
No Hidden Fees, No Custody Risks – InstaXchange Sets a New Standard for Crypto Exchanges

No Hidden Fees, No Custody Risks – InstaXchange Sets a New Standard for Crypto Exchanges

Crypto trading has grown into a global market, but the way exchanges handle fees and custody hasn’t kept pace. Traders often discover that the cost of a transaction is higher than advertised, buried in spreads or withdrawal charges. At the same time, assets are usually held in custodial wallets, leaving users dependent on the solvency of a single platform. These issues explain why trust in exchanges remains fragile and why new models now prioritize transparency and verifiable control at their center.

News 09-05
WikiFX Interview “The Role of KOLs and Educators: Guiding Investors Through Uncertainty”

WikiFX Interview “The Role of KOLs and Educators: Guiding Investors Through Uncertainty”

Before the release of the SkyLine Guide 2025 Malaysia Rankings, WikiFX hosted an appreciation dinner for members of the evaluation panel. During the event, two prominent judges — Mr. Oma Ally, founder of BBMA, and Mr. Sir Arif, founder of FLP Academy — engaged in a thematic dialogue under the title “The Role of KOLs and Educators: Guiding Investors Through Uncertainty.”

News 09-05

Trump finalizes Japan trade deal with 15% tariffs as Ishiba faces discontent from within party

The deal was agreed in July after months of talks, with Washington and Tokyo continuing to haggle over details for weeks before finalizing the terms.

Industry 09-05

Trump finalizes Japan trade deal with 15% tariffs as Ishiba faces discontent from within party

The deal was agreed in July after months of talks, with Washington and Tokyo continuing to haggle over details for weeks before finalizing the terms.

Industry 09-05
FCA Warning: Low-Cost “Clone Sites” Resurface, Multiple Fake Forex Platforms Exposed

FCA Warning: Low-Cost “Clone Sites” Resurface, Multiple Fake Forex Platforms Exposed

FCA warns about multiple fake forex trading websites built as cheap “clone sites.” Check platform legitimacy with WikiFX to avoid investment fraud.

News 09-05
Malaysia SC’s Toughest Ad Ban: What It Means for Forex

Malaysia SC’s Toughest Ad Ban: What It Means for Forex

Starting Nov 1, Malaysia SC enforces strict financial ad rules, reshaping forex promotions. Learn how brokers and investors will be affected.

News 09-05

Goldman Sachs reboots jobs forecast before Friday's unemployment report

The Wall Street firm updated its unemployment forecast for August ahead of the September 5th BLS jobs report.

Industry 09-05

Fresh labor market data fuel Fed interest rate cut chatter

Jobs, hiring and unemployment numbers start to add up as market watchers weigh rate cut probabilities.

Industry 09-05

Lululemon shares slide as tariffs and weaker sales take their toll

The athleisure company also faces rising competition from copycats and other sportwear brands.

Industry 09-05
The Drop In Yields Is Good News For Countries Forced To Deny They Need An IMF Bailout

The Drop In Yields Is Good News For Countries Forced To Deny They Need An IMF Bailout

After some difficult trading sessions, ultra-long bonds appear to have caught a bit of a break.The J

Industry 09-05

Trump tariffs: US president signs order to cut levies on Japanese cars to 15%

The formalisation of a deal that was announced in July eases uncertainty for Japans motor industry giants.

Industry 09-05
bitcastleFX Labelled as ‘SCAMMER’ by Traders: Here’s Why

bitcastleFX Labelled as ‘SCAMMER’ by Traders: Here’s Why

Does bitcastleFX prevent you from withdrawing funds despite repeated requests? Do you face account bans after depositing into your bitcastleFX trading account? Facing high withdrawal fees? You are with a forex broker, which is called a ‘SCAMMER’ by many traders on several broker review platforms. In this article, we have shared multiple negative reviews about this broker.

Exposure 09-04
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