Score
MonFX
https://www.monfx.com/en/
Website
Rating Index
Influence
Influence
D
Influence index NO.1
Contact
Forex License
No forex trading license found. Please be aware of the risks.
- This broker lacks valid forex regulation. Please be aware of the risk!
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monfx.com
134.122.107.237Server LocationUnited Kingdom
ICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
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Company Summary
| MonFXReview Summary | |
| Founded | 2005-08-22 |
| Registered Country/Region | Singapore |
| Regulation | Unregulated |
| Services | FX Solutions/MonFX Pay/Industry Knowledge |
| Tel: +65 6914 0850 | |
| Twitter, LinkedIn | |
| Email: info@monfx.com | |
MonFX Information
MonFX Pte Ltd. is part of the financial services group Monex SAPI de CV (“Monex”), a global investment-grade financial services institution specializing in corporate payments and foreign exchange services. In 2022, MonFX will expand its payment services to account issuance, domestic remittances, and e-money issuance.

Is MonFX Legit?
MonFX is not regulated, although Monex Europe Markets claims to be regulated by the UK Financial Conduct Authority, making it less safe than a regulated one.


What services does MonFX have?
FX Solutions: Provides a range of commercial and deliverable FX and FX-related payment services, such as intraday, next-day, and spot FX trading services in more than 60 different currencies, FX hedging solutions, NDFs, etc.
MonFX Pay is a fully integrated online payment platform for international payments. Industry Knowledge: Each client has a dedicated FX dealer and primary contact to provide clients with customized hedging solutions that suit their specific circumstances.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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