The brokerage firm started its activity in 2005. Moreover, it claims to process 18 thousand orders daily. Such serious reliability indicators should not leave us with any doubts about the excellent reputation of this intermediary. However, all this information is not confirmed by any document.
Can you entrust your capital to this organization? Our independent review of Multi Wire Group will help you understand whether you can make money with this broker or whether you should not cooperate with it.
How to Trade
The company offers clients to trade Forex, cryptocurrency, CFDs on stocks, and other assets. Traders have access to 5 types of accounts ranked by initial deposit amounts. The broker guarantees:
- Savings on swaps up to 50%.
- Quarterly dividend payout of up to €15,000.
- Money Management Plan.
Information on the fees charged for financial transactions is private. In addition, important trading indicators such as leverage or spreads are unavailable.
The support works only through the feedback block. The client needs to provide a full name, email address, and phone number. The service is available on a 24/5 basis.
Multi Wire Group Vital Info
The owners of the resource do not disclose any information about themselves or facts from the alleged 19-year history of the project. Note that the founders of the firm claim that their platforms have received many awards and are known all over the world. Where is the evidence for this information? There isn’t. Judging by the domain, created only in August 2024. The site had been functioning for less than a month at the time of our research. So how did the online broker work without an official resource?
We checked the registration of the Multi Wire Group brand and did not find such a firm in the list of registered companies in any country. As for the authorization for financial activity, there are no licenses or references to them on the website. The company mentions being overseen by the Crypto Conduct Authority. However, this is a private organization. The CCA is not an official regulator. So, the broker operates without registration of a legal entity and without a license?
I thought that trading was incredibly difficult and that I would not be able to earn anything before cooperating with this broker. However, a little bit of time passed and I realized that I was doing so because of a bad broker. I entrusted my capital to Multi Wire Group, which has an incredibly positive reputation and a huge experience. It got me and I thought that this project is exactly what I need for Forex trading. I opened an account here about a month ago, and I can already say that it was my best decision of all possible options. Trading is incredibly easy and effortless. I am having fun and only fun:)) I see that I am getting good at CFD trading and I keep doing it. Now, in addition to the fact that trading has become a great pleasure for me, I have also started to earn much more! Every week my deposit increases by at least €2.2k by trading futures with an initial deposit of €50k. I have only withdrawn once so far to test the procedure. It went well. The manager convinces me that it is more profitable to save money in the account and then I will earn even more. Sometimes his advice annoys me. I myself understand how I should use my capital.
I can accurately and with great confidence that you will not earn any profit here. This is absolutely not a promising project that is impossible to do any business with. With scammers like them, you will only lose your money. The manager of the company found me on social networks and talked for a long time about their wonderful activities, that it is possible to earn decent money with them and so on. As it turns out, these words have absolutely nothing to do with reality - at least because it is fake information. However, I believed in empty promises and deposited 12,000 euros. Everything looked cool from the outside - the broker has huge experience, almost 20 years on the market. But in fact, it's just a scam for people like me who don't understand that there is no decent income from a broker with such an unknown registration. The manager helped me drain my entire deposit in less than a week. I can't even say now that I believe in this market - since I lost money with Multi wire group. I should have studied the site a little more carefully, and I would have immediately realized that there would be no earnings here. In general - I don't believe in the honesty of the market anymore. I am outraged that scammers continue to scam people on multiwiregroup.com.
The intermediary imposed a personal manager on me immediately after registering an account. He advised me to install AnyDesk, supposedly a secure remote access software. I counted on the fact that it would be easier for us to work in practice and I would be able to trade under the wing of a professional. It turned out that the crooks just got the keys to my account and stole all the money, more than 15 thousand dollars :( In addition, now I constantly call spam managers, because crooks sold all my personal information...
This is the most excellent broker., I have no complaints about it. The terminal is intuitive and yet functional. The company honestly fulfills all its obligations. It can be trusted. I have traded small amounts so far, but I plan to gradually increase the turnover. I recommend registering here, as I read negative reviews and do not believe that it is about MULTI WIRE GROUP. I have not noticed any signs of scam. Although the company is not perfect, and it has certain problems with customer service, in terms of execution of transactions - I have no complaints.
Just go to this site and everything becomes clear at once - you will not be able to earn anything here. I have no faith in a positive scenario on trading, thanks to the cooperation with Multi wire group. I have no illusions anymore, absolutely. I will admit to you honestly, since I had my deposit of €25,000 stolen here. Simply, the crooks blocked my account as soon as I transferred the money. As someone who has fallen for the tricks of scammers, I can tell you that it is not worth even starting to work with them.