MultiBank Group promotes a structure holding numerous regulatory licenses. France's AMF has nevertheless listed www.multibankfx.com on its unauthorised forex-entity blacklist since 24 October 2022.
What the AMF Listing Means
The listing says the actor is not authorised to offer certain financial services or investments in France. It is a warning, not a financial penalty, and remains live.
The Group's Other Licenses
Independent records identify licenses involving regulators such as ASIC, CySEC, MAS, BaFin and the UAE's CMA, alongside offshore registrations. A license in one jurisdiction does not create permission in another.
Independent Monitoring Concerns
WikiFX rates the group's flagship reviewed entity 1.69 out of 10 and reports hundreds of user complaints, often involving withdrawals. These complaints are allegations and are separate from the AMF's authorisation warning.
BestForex.io View
License count is not universal permission
A large group can hold genuine licenses while a specific site remains unauthorised in France. Traders should check the exact legal entity and jurisdiction serving their account.
About MultiBank Group
MultiBank Group is a multi-entity global forex and CFD brokerage group operating MultiBankFX and related MEX brands.
Frequently Asked Questions
Why is the site on France's blacklist?
The AMF says it is not authorised to offer specified services in France.
Are the group's other licenses real?
Multiple licenses are verifiable, but they do not override France's local warning.