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MultiBank Group Recognized as Top BaFin-Regulated Forex Broker

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MultiBank Group Recognized as Top BaFin-Regulated Forex Broker
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News

MultiBank Group Recognized as Top BaFin-Regulated Forex Broker

2024-06-14 20:33 Last Updated At:20:40

DUBAI, United Arab Emirates--(BUSINESS WIRE)--Jun 14, 2024--

MultiBank Group is thrilled to announce its recognition as a top BaFin-regulated forex broker by FXEmpire, a leading financial markets authority. This prestigious accolade highlights MultiBank Group's unwavering commitment to excellence, security, and innovation in the forex trading industry.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240614306878/en/

About BaFin: Regulating German Financial Markets

BaFin, Germany's Federal Financial Supervisory Authority, oversees the country's banking, securities, and insurance sectors. It ensures fair and transparent operations in the forex and CFD markets by enforcing rigorous standards.

Selection Methodology

FXEmpire's methodology for selecting the best BaFin-regulated brokers includes:

FXEmpire's team of experts, with extensive hands-on forex trading experience, meticulously examined and analyzed each broker's strengths and weaknesses to select the best BaFin-regulated forex brokers across various categories.

MultiBank Group's Excellence in Forex Trading

MultiBank Group's recognition as a top BaFin-regulated forex broker underscores its dedication to providing traders with superior services and robust security measures. The Group's innovative trading solutions, including its all-in-one user-friendly app, are setting new benchmarks in the industry. MultiBank Group strives for outstanding service, ensuring its clients have access to the best trading experience possible.

Looking Forward

MultiBank Group remains committed to pushing the boundaries of what is possible in the forex trading world. The Group is constantly exploring new technologies and strategies to further enhance its offerings, ensuring that traders always have access to the most advanced and secure trading tools available. This recognition by FXEmpire is a testament to the Group's relentless pursuit of excellence and unwavering dedication to its clients' success.

ABOUT MULTIBANK GROUP

Founded in California, USA, in 2005, MultiBank Group has grown to command a daily trading volume exceeding $12.1 billion, serving over 1 million customers. MultiBank Group has matured into one of the largest online financial derivatives providers globally, offering an array of brokerage services and asset management solutions. The group’s award-winning trading platforms offer up to 500:1 leverage on a diverse range of products, including Forex, Metals, Shares, Commodities, Indices, and Digital Assets. For more information, visit https://multibankfx.com

Top BaFin regulated forex broker 2024 (Graphic: Business Wire)

Top BaFin regulated forex broker 2024 (Graphic: Business Wire)

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Richard Simmons, a fitness guru who mixed laughs and sweat, dies at 76

2024-07-14 09:29 Last Updated At:09:30

NEW YORK (AP) — Richard Simmons, television's hyperactive court jester of physical fitness who built a mini-empire in his trademark tank tops and short shorts by urging the overweight to exercise and eat better, died Saturday. He turned 76 on Friday.

Simmons died at his home in Los Angeles, his publicist Tom Estey said in an email to The Associated Press. He gave no further details.

Los Angeles police and fire departments say they responded to a house — whose address the AP has matched with Simmons through public records — where a man was declared dead from natural causes.

Simmons, who had revealed a skin diagnosis in March 2024, had lately dropped out of sight, sparking speculating about his health and well-being. His death was first reported by TMZ.

Simmons was a former 268-pound teen who became a master of many media forms, sharing his hard-won weight-loss tips as host of the Emmy-winning daytime “Richard Simmons Show” and author of best-selling books and the diet plan Deal-A-Meal. He also opened exercise studios and starred exercise videos, including the wildly successful “Sweatin' to the Oldies” line, which became a cultural phenomenon.

"My food plan and diet are just two words — common sense. With a dash of good humor,” he told The Associated Press in 1982. "I want to help people and make the world a healthier, happy place."

Simmons embraced mass communication to get his message out, even as he eventually became the butt of jokes for his outfits and flamboyant flair. He was a sought-after guest on TV shows led by Merv Griffin, Mike Douglas and Phil Donahue. But David Letterman would prank him and Howard Stern would tease him until he cried. He was mocked in Neil Simon’s "The Goodbye Girl" on Broadway in 1993, and Eddie Murphy put on white makeup and dressed like him in "The Nutty Professor," screaming “I’m a pony!”

Asked if he thought he could motivate people by being silly, Simmons answered, "I think there's a time to be serious and a time to be silly. It's knowing when to do it. I try to have a nice combination. Being silly cures depression. It catches people off guard and makes them think. But in between that silliness is a lot of seriousness that makes sense. It's a different kind of training."

Simmons’ daytime show was seen on 200 stations in America, as well as in Australia, New Zealand, the Philippines, Japan and South America. His first book, "Never Say Diet," was a smash best-seller.

He was known to counsel the severely obese, including Rosalie Bradford, who held records for being the world's heaviest woman, and Michael Hebranko, who credited Simmons for helping him lose 700 pounds. Simmons put real people — chubby, balding or non-telegenic — in his exercise videos to make the fitness goals seem reachable.

Throughout his career, Simmons was a reliable critic of fad diets, always emphasizing healthy eating and exercise plans. "There'll always be some weird thing about eating four grapes before you go to bed, or drinking a special tea, or buying this little bean from El Salvador," he told the AP in 2005 as the Atkins diet craze swept the country. "If you watch your portions and you have a good attitude and you work out every day you'll live longer, feel better and look terrific."

Simmons was a native of New Orleans, a chubby boy named Milton by his parents. (He renamed himself “Richard” around the age of 10 to improve his self-image). He would tell people he ate to excess because he believed his parents liked his older brother more. He was teased by schoolmates and ballooned to almost 200 pounds.

Simmons told the AP his mother watched exercise guru Jack LaLanne's TV show religiously when he was growing up, but he wasn't crazy about the fitness fanatic. "I hated him," Simmons said. "I wasn't ready for his message because he was fit and he was healthy and he had such a positive attitude, and I was none of those things."

Simmons went to Italy as a foreign exchange student and ended up doing peanut butter commercials and bacchanalian eating scenes for director Federico Fellini in his film "Fellini Satyricon." He told the AP: "I was fat, had curly hair. The Italians thought I was hysterical. I was the life of the party."

His life changed after getting an anonymous letter. "One dark, rainy day I went to my car and found a note. It said, 'Dear Richard, you're very funny, but fat people die young. Please don't die." He was so stunned that he went on the starvation diet that left him thin but very ill.

After the crash diet he gained back 65 pounds. Eventually, he was able to devise a sensible plan to take off the pounds and keep them off. "I went into the business because I couldn't find anything I liked," he said.

When Simmons hadn’t been seen in public for several years, some news outlets speculated that he was being held hostage in his own house. In telephone interviews with “Entertainment Tonight” and the “Today” show, Simmons refuted the claims and told his fans he was enjoying the time by himself. Filmmaker-writer Dan Taberski, one of his regular students, launched a podcast in 2017 called “Missing Richard Simmons.”

In 2022, Simmons broke his six-year silence, with his spokesperson telling The New York Post that the beloved fitness icon was “living the life he has chosen.”

Associated Press writers Stefanie Dazio and Andrew Dalton contributed from Los Angeles.

FILE - Richard Simmons arrives at the MTV Video Music Awards at Barclays Center on Sunday, Aug. 25, 2013, in the Brooklyn borough of New York. Simmons, a fitness guru who urged the overweight to exercise and eat better, died Saturday, July 13, 2024, at the age of 76. (Photo by John Shearer/Invision for MTV/AP Images, File)

FILE - Richard Simmons arrives at the MTV Video Music Awards at Barclays Center on Sunday, Aug. 25, 2013, in the Brooklyn borough of New York. Simmons, a fitness guru who urged the overweight to exercise and eat better, died Saturday, July 13, 2024, at the age of 76. (Photo by John Shearer/Invision for MTV/AP Images, File)

FILE - Richard Simmons at BuzzFeed LA's Office Grand Opening, on Wednesday, Oct. 23, 2013 in Los Angeles. Simmons, a fitness guru who urged the overweight to exercise and eat better, died Saturday, July 13, 2024, at the age of 76. (Photo by Alexandra Wyman/Invision for BuzzFeed/AP Images, File)

FILE - Richard Simmons at BuzzFeed LA's Office Grand Opening, on Wednesday, Oct. 23, 2013 in Los Angeles. Simmons, a fitness guru who urged the overweight to exercise and eat better, died Saturday, July 13, 2024, at the age of 76. (Photo by Alexandra Wyman/Invision for BuzzFeed/AP Images, File)

FILE - Richard Simmons at St. Patty's Day Slimdown benefiting the Lollipop Theatre Network held at Slimmons on Sunday, Mar., 17, 2013 in Beverly Hills, Calif. Simmons, a fitness guru who urged the overweight to exercise and eat better, died Saturday, July 13, 2024, at the age of 76. (Photo by Eric Charbonneau/Invision for Lollipop Theatre Network/AP Images, File)

FILE - Richard Simmons at St. Patty's Day Slimdown benefiting the Lollipop Theatre Network held at Slimmons on Sunday, Mar., 17, 2013 in Beverly Hills, Calif. Simmons, a fitness guru who urged the overweight to exercise and eat better, died Saturday, July 13, 2024, at the age of 76. (Photo by Eric Charbonneau/Invision for Lollipop Theatre Network/AP Images, File)

FILE - Richard Simmons onstage at JDRF's Los Angeles Walk to Cure Diabetes at the Rose Bowl on Sunday, Oct. 27, 2013 in Pasadena, Calif. Simmons, a fitness guru who urged the overweight to exercise and eat better, died Saturday, July 13, 2024, at the age of 76. (Photo by Todd Williamson/Invision for JDRF/AP, File)

FILE - Richard Simmons onstage at JDRF's Los Angeles Walk to Cure Diabetes at the Rose Bowl on Sunday, Oct. 27, 2013 in Pasadena, Calif. Simmons, a fitness guru who urged the overweight to exercise and eat better, died Saturday, July 13, 2024, at the age of 76. (Photo by Todd Williamson/Invision for JDRF/AP, File)

FILE - Richard Simmons sits for a portrait in Los Angeles, June 23, 1982. Simmons, a fitness guru who urged the overweight to exercise and eat better, died Saturday, July 13, 2024, at the age of 76. (AP Photo/Richard Drew, File)

FILE - Richard Simmons sits for a portrait in Los Angeles, June 23, 1982. Simmons, a fitness guru who urged the overweight to exercise and eat better, died Saturday, July 13, 2024, at the age of 76. (AP Photo/Richard Drew, File)

FILE - Richard Simmons, center, is surrounded by models displaying his new line of "Advantage" clothing exclusively for women sized 16-44 as he gives a hoot in Los Angeles for big and beautiful women, Aug. 2, 1984. "You should feel great no matter what size," says Simmons. Simmons, a fitness guru who urged the overweight to exercise and eat better, died Saturday, July 13, 2024, at the age of 76. (AP Photo/Mark Avery, File)

FILE - Richard Simmons, center, is surrounded by models displaying his new line of "Advantage" clothing exclusively for women sized 16-44 as he gives a hoot in Los Angeles for big and beautiful women, Aug. 2, 1984. "You should feel great no matter what size," says Simmons. Simmons, a fitness guru who urged the overweight to exercise and eat better, died Saturday, July 13, 2024, at the age of 76. (AP Photo/Mark Avery, File)

FILE - Richard Simmons leads the crowd at the first ever Women's Heart Conference in Kearney, Neb., at the University of Nebraska at Kearney Saturday, March 27, 1999. (Rick Tucker/Kearney Hub via AP)

FILE - Richard Simmons leads the crowd at the first ever Women's Heart Conference in Kearney, Neb., at the University of Nebraska at Kearney Saturday, March 27, 1999. (Rick Tucker/Kearney Hub via AP)

FILE - Richard Simmons arrives at the Project Angel Food's 2013 Angel Awards in Los Angeles on Aug. 10, 2013. Simmons, a fitness guru who urged the overweight to exercise and eat better, died Saturday, July 13, 2024, at the age of 76. (Photo by Richard Shotwell/Invision/AP, File, File)

FILE - Richard Simmons arrives at the Project Angel Food's 2013 Angel Awards in Los Angeles on Aug. 10, 2013. Simmons, a fitness guru who urged the overweight to exercise and eat better, died Saturday, July 13, 2024, at the age of 76. (Photo by Richard Shotwell/Invision/AP, File, File)

FILE - Richard Simmons sits for a portrait in Los Angeles, June 23, 1982. Simmons, a fitness guru who urged the overweight to exercise and eat better, died Saturday, July 13, 2024, at the age of 76. (AP Photo/Richard Drew, File)

FILE - Richard Simmons sits for a portrait in Los Angeles, June 23, 1982. Simmons, a fitness guru who urged the overweight to exercise and eat better, died Saturday, July 13, 2024, at the age of 76. (AP Photo/Richard Drew, File)

FILE - Richard Simmons speaks to the audience before the start of a summer salad fashion show at Grand Central Terminal in New York on June 2, 2006. Simmons, a fitness guru who urged the overweight to exercise and eat better, died Saturday, July 13, 2024, at the age of 76. (AP Photo/Tina Fineberg, File)

FILE - Richard Simmons speaks to the audience before the start of a summer salad fashion show at Grand Central Terminal in New York on June 2, 2006. Simmons, a fitness guru who urged the overweight to exercise and eat better, died Saturday, July 13, 2024, at the age of 76. (AP Photo/Tina Fineberg, File)

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