Multibank Group Regulation and Broker Review
Multibank Group broker review: regulated in Cyprus, Australia, and Germany, but facing revoked licenses and severe complaints.
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:Has PM Group 365 breached the trading agreement with you? Have you had to face withdrawal denials for a long time with the Cyprus-based forex broker? Did you witness a margin call from the broker with just one bad trade after a good one earlier? Do you get a feeling that the less said about PM Group 365 customer support service, the better? You are not alone! Many traders have opposed the broker for its illegitimate trading activities. In this PM Group 365 review article, we have discussed these complaints in greater detail. Take a look!

Has PM Group 365 breached the trading agreement with you? Have you had to face withdrawal denials for a long time with the Cyprus-based forex broker? Did you witness a margin call from the broker with just one bad trade after a good one earlier? Do you get a feeling that the less said about PM Group 365 customer support service, the better? You are not alone! Many traders have opposed the broker for its illegitimate trading activities. In this PM Group 365 review article, we have discussed these complaints in greater detail. Take a look!
A trader, sometime ago, reported a trading agreement breach by PM Group 365. The situation remained this way for two months before the trader opened up and labeled the broker as a fraud. To know more about the complaint.

A trader reported having traded with the broker for nearly four months before signing off with it. It all resulted from the PM Group 365 withdrawal request, which the broker denied. Despite contacting the customer support official, the situation remained the same. Consequently, the trader expressed unhappiness by sharing this negative PM Group 365 review.

While screening complaints against PM Group 365, the WikiFX team also came across a fund scam allegation. The trader reported having lost all his capital when trading on the platform. Affected by the worst trading experience, the trader penned down this review of the broker. Take a look!

In an explosive complaint, a trader explained how one bad trade on the PM Group 365 platform led to complete chaos. It started well with a good trade that accumulated his capital base to $205000. However, the trader narrated how the broker kept asking for more capital. Suddenly, one trade went bad, and the margin call was initiated. To prevent the trading account balance from hitting ZERO, the trader was advised to take a $40000 loan from the broker. The trader accepted the loan deal; however, his trading account got frozen. The broker officials told the trader to pay off the loan before he could be allowed to trade. Surprised by this move, the trader went online to describe this unfortunate trading circumstance.

Several traders have voiced their concerns over the poor and slow customer support service. The service officials either fail to respond to trading queries, whether they are regarding withdrawals or technical issues. Here are multiple screenshots depicting inefficient customer support to traders.


The complaints, especially the margin call and the subsequent loan trap, made the WikiFX team investigate PM Group 365 thoroughly on different aspects, including regulatory status. The Cyprus-based forex broker was found to be without a valid regulatory license in our investigation. Consequently, the team gave it a score of 1.40 out of 10.
For broker reviews and innovative trading concepts, join these special chat groups - OIFSYYXKC3, 403M82PDMX or W2LRJZXB7G.

Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

Multibank Group broker review: regulated in Cyprus, Australia, and Germany, but facing revoked licenses and severe complaints.

FX LIVE CAPITAL holds a dangerous 2.11 score on WikiFX with zero valid regulations. User reviews expose account bans and missing funds. Read the full safety warning.

Acting as an intermediary between traders and brokerage firms, Introducing Brokers (IBs) can be both a company and an individual. They do not have a role in trade execution or account management. Their role is to offer advice and let clients open trading accounts and trade on the platform. In this article, we have discussed the meaning of the term 'introducing broker,' its role, payment structure, and other related aspects. Read on!

A police raid on an unassuming home in Pahang has exposed a covert app-based fraud operation targeting foreign investors.