Warning: MultiBank Group – User Reviews Highlight Slow Withdrawals and Hidden Risks

MultiBank Group (MBG/MEX) has been criticized by investors in multiple countries for slow withdrawals, hidden fees, unfair trading conditions, and a lack of transparency in customer service. These issues have caused investors to lose both money and trust. According to WikiFX, the broker has a credibility score of only 2.59/10, signaling high risk. Investors should be cautious and verify all information before depositing funds.

In todays digital age, online investments attract many people looking for quick profits. However, not every platform is trustworthy. The case of MultiBank Group (MBG) is a clear example of a problematic broker.

Many investors started with small deposits, initially able to withdraw profits to build trust. But once they deposited larger sums, withdrawals became impossible, with complicated restrictions. Some were even forced to invest more before being allowed to withdraw. As a result, many lost hundreds of thousands of baht, along with their time and trust.

A Victims Story in Thailand

A Thai woman met a foreign man through a dating app. He was handsome, had a good profile, and cared for her daily. Believing he was genuine, she followed his advice to invest in digital currency trading via MultiBank Group (MBG).

She began with just 5,000 THB and followed all his instructions. At first, everything seemed fine, and she made real profits within hours. However, this trust led her to eventually lose several hundred thousand baht.

As her investments grew, the man persuaded her to join a VIP system for special bonuses. But when she tried to withdraw, she was blocked by complicated conditions—such as having to pay extra fees or deposit more money before withdrawing. Customer support was unhelpful, and her hopes of recovering the money faded.

Similar cases include victims being tricked into paying fake fees or facing extremely delayed withdrawals, leading to severe financial and emotional distress.

Reports from Thailand and Abroad

• On Pantip (Thai forum), users complained they could not withdraw funds despite trading normally. Some were even persuaded to transfer funds to another platform (MEX), where their money vanished. One review claimed: “My $750 deposit was stolen.”
• In China, a victim named Mr. San transferred over $25,000 to MEX but could not withdraw, even when urgently needed to pay for his fathers ICU treatment. His father eventually passed away. Although the company claimed to exit China, they continued operating under MEX.
• In Vietnam, withdrawals took months. Victims were forced to pay an “unfreezing fee” to access funds.
• In Indonesia, investors reported being charged a fake 20% tax before withdrawals.
• In Australia & New Zealand, users said deposits were never returned, support was unresponsive, and some called the broker a “scam.”
• In the United States, Reddit users warned that MBG/MEX is fraudulent. One said corporate accounts required trading 80 lots before withdrawal and that bonuses were traps to make clients deposit more.

Common Issues Reported Worldwide

• Withdrawal delays or denials: Some waited months, even years, while others never got their money back.
• Hidden charges: Fees like “unfreezing fees” or fake taxes were imposed to block withdrawals.
• Forced fund transfers: Investors were pushed to move funds to MEX, where money disappeared.
• Unfair trading terms: Corporate accounts required unreasonable conditions like 80 lots before withdrawals.
• Poor customer service: Many could not contact support via email or chat, worsening the situation.

Real User Reviews from WikiFX

• Hong Kong: “This platform refused my withdrawal for almost a month. Total scam.”
• Pakistan: “They didnt pay me $4,200 from their affiliate program. They blocked my account.”
• Hong Kong: “I‘ve traded for years, but since last year, I couldn’t withdraw. The site is now inaccessible.”
• Pakistan: “My trade had $800 profit, but they disabled my account. Now my balance is zero.”
• Hong Kong (IB account): “They denied my commission of over $3,000. My account was deactivated without record.”

Conclusion

The problems with MultiBank Group (MBG/MEX) are not isolated complaints but repeated patterns across many countries. The broker has been linked to:

• Withdrawal failures
• Hidden and fake fees
• Forced fund transfers to MEX
• Unfair conditions and bonus traps
• Unresponsive customer support

These systemic issues have damaged investor trust worldwide. With a WikiFX score of just 2.59/10, MultiBank Group is considered highly risky.

Investors should think carefully before depositing with MBG/MEX. Always check reliable sources and real user reviews before committing funds.

If you have experienced fraud or unfair treatment, dont stay silent. Share your story with WikiFX so the industry can improve and others can avoid the same traps.