Complex modal testing is employed for the in-situ parameter identification of a four-axis active magnetic bearing system while the system is in operation. In the test, magnetic bearings are used as exciters as well as actuators for feedback control. The experimental results show that the directional frequency response function, which is properly defined in the complex domain, is a powerful tool for identification of bearing as well as modal parameters. It is also shown that the position and current stiffnesses can be accurately estimated using the relations between the measured forces, displacements, and currents.