Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators
LoukiaCharilaou
Within 1 year

Have you encountered any drawbacks with Multigain's customer service or the stability of their platform?

Broker Issues
Multigain
Regulation
01-04
United States
WikiFX
Reply

In my experience evaluating brokers, the lack of robust regulation at Multigain immediately stands out as a major concern. Although the company has been operating for 5 to 10 years and offers a wide array of financial products, my primary focus remains on user safety and service quality. What I found troubling with Multigain is the absence of clear regulatory oversight, something I deem essential for safeguarding my funds and ensuring recourse in disputes. This is compounded by reports of suspicious business practices and high potential risk highlighted in external assessments. Regarding customer service, I noticed that while they offer multiple channels—such as phone, email, and social media—the presence of recent user complaints about withdrawal difficulties and potential scam scenarios is deeply concerning. Several users describe situations where additional deposits were repeatedly requested before funds could be withdrawn, and eventual access to their money was denied. This aligns with classic red flags I've learned to watch out for in this industry. Platform stability can sometimes offset other drawbacks, but in Multigain’s case, they do not provide industry-standard platforms like MT4 or MT5. Relying on a proprietary system, especially from an unregulated broker, increases operational risks for me. In summary, both customer service quality and platform stability raise enough concern that I personally would approach Multigain with significant caution, prioritizing security and transparency over convenience or product range.

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com