⭐ Opinions and information about the Monfex broker ⭐
¿Is the Monfex broker (aka monfex.com) really trustworthy? ✅ Is it safe for you to invest your money with this company? ❎ Is Monfex reliable? ❎ In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help us with information about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to give the company a score according to their experience with it. Let's start with the analysis:
✔️ What is Monfex? Monfex is a broker of: Forex, Cryptocurrencies and CFDs.
✔️ The broker mentions be part of: SWISS-SVG HOLDING LTD.
✔️ Where is it based? Monfex is based in: Saint Vincent and the Grenadines.
✔️Is it a regulated broker? If we talk about regulation, the Monfex broker does not mention anything about being regulated, Monfex is an unregulated broker.
🔹 We will continue to analyze the different account types that Monfex offers. In the case of Monfex we note that there is no information about having different types of account.
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🔸 The platform used to trade is: MT4 platform.
🔸 Now, yes, we will analyze the different resources and aids that the company provides to traders on its website: we see some explanations of the products that Monfex offers, explanation of basic concepts of the world of investments, really not much else.
What we like the most
What we like least
Additional information about the company
🔸 Phone number: +44 20 8077 3265
🔸 E-mail: does not have.
🔸 Website: monfex.com
🔸 Bonuses or promotions: None by the moment
🔸 Clarification: If you think that our review is not correct, or you have a different opinion about this company, we invite you to leave a comment in this section - rating with your opinion.
⭐ Monfex valuation ⭐
☑️ With the information we have so far, the comments, evaluations and criticisms of users and traders, ⚠️ our opinion is that it seems like a broker with which we have to be careful ⚠️.
☑️ Why? It is an unregulated broker and it is also located in a very insecure country for these activities (Saint Vincent and the Grenadines), on the other hand, when looking for information and other evaluations about Monfex we found a large number of negative reviews.
April 2021 update: CNMV, Spanish financial regulator, has denounced Monfex due to fraudulent activities.
(I.e. Is Monfex safe? How reliable is Monfex? ❎ We consider it to be an unsafe, unreliable company and we do not recommend it. ❎ Why? For the reasons mentioned above.
Do you know this company? Do you think our opinion is not correct? Have you operated with this broker? Share a comment with your experience.
👇 User and trader score 👇