MultiBank Group operates without regulatory authorization across multiple jurisdictions. Both the Dutch AFM and Spanish CNMV have issued official warnings against the company and its website multibankfx.com. Investors are strongly advised to avoid conducting business with this entity due to its illegal status in regulated markets.
MultiBank Group operates through the domain multibankfx.com and presents itself as an investment service provider. However, financial regulators across Europe have identified the company as an unauthorized and unregulated entity. The platform lacks proper licensing and operates in violation of financial services regulations.
Dutch Authority for the Financial Markets (AFM): On March 15, 2023, the AFM officially listed MultiBank Group in its warnings database as a foreign regulator alert. The authority classified the entity as operating without authorization to provide investment services. The AFM explicitly directed consumers to cross-reference FCA warnings for additional regulatory context regarding this entity.
National Securities Market Commission (CNMV) - Spain: On October 7, 2024, the CNMV issued a public warning identifying MultiBank Group as an unauthorized entity. The Spanish regulator confirmed that multibankfx.com/es operates illegally within Spanish markets without regulatory authorization. The CNMV explicitly instructed investors to avoid conducting any business with this firm.
MultiBank Group represents a high-risk investment platform that operates illegally in regulated European markets. The concurrent warnings from both AFM and CNMV provide clear evidence of unauthorized financial services provision. Investors should completely avoid this platform and report any communications from MultiBank Group to their local financial regulator.
The Dutch AFM (Authority for the Financial Markets) has published an official warning against MultiBank Group operating under multibankfx.com. The warning is dated March 15, 2023 and references a foreign regulatory alert from the UK Financial Conduct Authority (FCA). This indicates the entity operates without proper authorization in the Netherlands and poses risk to consumers.
The CNMV (Spain's National Securities Market Commission) has published an official public warning against MultiBank Group as of October 7, 2024. The entity is listed in the regulator's 'Engine for Warned Companies' database, which catalogues unauthorized firms operating without proper regulatory authorization. This warning appears under the CNMV's 'Warnings (unauthorised firms and other entities)' section, indicating that MultiBank Group and its associated website (multibankfx.com/es) are not licensed to provide investment services in Spain.