Comments on Banc de Monarch

In this section we will analyze the Banc de Monarch broker, is a forex and CFD broker. Is Banc de Monarch Really Recommended To Make An Investment? Or is it better not to invest with the company?

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Who does it belong to? Where is located? Is it a regulated broker?

The broker mentions being part of Thinking Ahead LTD, although in the terms and conditions they mention being part of Takeda Partners LTD, so it is not very clear.

As to its location, the broker mentions being based in the Marshall Islands.

If we analyze the regulation of the broker, is an unregulated broker.

If now we go on to analyze account types offered by Banc de Monarch, we note that it offers 4 types of account: the Bronze Account, the Silver Account, the Gold Account and the Premium Account.

Bronze Account: minimum initial deposit of $ 500, loan with margin of up to 10%, leverage of up to 1:50, access to online training courses, monthly market analysis.

It is followed by Silver Account- $ 5.000 minimum initial deposit, up to 35% margin loan, up to 1: 200 leverage, personal account manager, stock exchange webinars, weekly market analysis.

The third type of account is Gold Account- $ 10.000 minimum initial deposit, up to 35% margin loan, up to 1: 200 leverage, personal account manager, stock exchange webinars, weekly market analysis.

The last type of account is the Premium account (Actually Banc de Monarch premium accounts are divided into 3; Monarch Platinum, Monarch Premium and Monarch Royal): minimum initial deposit of $ 100.000, direct line with your account manager, trading alerts and financial events, private sessions with financial analysts , plans for intelligent capital management, market analysis educational program, access to the VIP trading room, invitation to exclusive VIP events.

You can see even more features about the Banc de Monarch broker account types (click aqui to see the image in full size) in the following image:

Banc de Monarch account types
Banc de Monarch account types

The platforms to operate that Banc de Monarch offers are: We believe (because it does not specify) that it is Banc de Monarch's own platform.

We will now analyze the different resources and aids for traders that Banc de Monarch provides on its website.

Banc de Monarch website
Banc de Monarch website

Banc de Monarch provides the following help or resources to traders or interested parties: they have a section with various video lessons (although they are in English), webinars (also in English), glossary (yes, also in English), news about the financial markets (in English) and economic calendar (and unsurprisingly, yes, in English too).

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Other information about Banc de Monarch

Some more information in case you want to contact the company, or see its website for yourself.

Website: www.bancdm.com (and apparently they have a second website) www.bancdm.io, and a third one www.bancdemonaco.com/es-ES

Phone number: + 442038704035

Email: [email protected]

Ending with this section, in our opinion Do we believe that the Banc de Monarch company is reliable? Should you invest your money with the company?

The truth is that Banc de Monarch is an unregulated broker, it does not provide certain important information, and it even contradicts itself in some sections of its website (such as who the company belongs to and its location as well), so we suggest caution , it doesn't look very good.

October 2018 update: Due to repeated messages from clients mentioning not being able to withdraw the capital, or not being able to contact Banc de Monarch after investing money, WE DO NOT RECOMMEND BANC DE MONARCH.

What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
caution possible broker scam

We leave a vote open so that traders, clients and users of the broker can vote.

What do you think of Banc de Monarch? What has been your experience?


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About the author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.

About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.

Do you want more information? You can read more about me here in my biography.

62 comments on «Banc de Monarch: Rating and Comments»

  1. Sancho Reply

    I tried the chargeback services suggested here and it went well. I was able to recover almost the $ 9.000 that had scammed me. Completely grateful.

    • Recommended Brokers Reply

      Hello Sancho, Great !!!, Thank you very much for warning, we are very happy that you have achieved it, now be careful if you invest again, check the brokers before trusting one, here we have almost all of them.

      For others who want to get their money back, they should try talking to our chat or click on this link:
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      Greetings and good luck.

  2. Recommended Brokers Reply

    Hello Jessica, your information and the decalogue about the most common traps and tactics of the Brokers that SCAM is very interesting, it should be learned by each investor and become a STANDARD, that is why we are convinced that your contribution when shared with All our readers will help avoid many frauds, scams and deceptions by brokers.
    For this reason we think it is of the utmost importance that all those affected by these brokers report it through our portal and expose the brokers who have scammed them by writing their experiences, whether good or bad and that in this way it can be uncovered from where the deceptions are committed, who is involved and that everyone knows about it.
    As you well know, we offer on our website the option of being able to RECOVER ALL or PART OF THE MONEY with a company that is specialized in it and that has proven to be very effective, those affected can speak in the CHAT that we have on the web or by reviewing this link: CLAIM YOUR MONEY, WE HELP YOU.

    Greetings.

  3. Carlos Noya Reply

    Good morning:

    My name is Carlos Noya and they scammed me, along with a friend, more than € 23.000. These people from the Bank of Monaco are the same, as the scammers of Centrobanc, Cryptokartal and Coincall because the research we are doing (together with a computer engineer) gives us very illuminating data.

    On the Bank of Monaco there are already investigations by the National Police (of the UDEF), and by the Catalan Police on these people and some Courts are taking the case. The companies behind are:

    o TAKEDA PARTNERS, LTD registered with The Trust Company of The Marshall Islands, Inc. of the Marshall Islands under number 93016. The addresses or related addresses include 9-11 Central Luggate Hill, London, EC2V 6DN, United Kingdom and 10 King Willianm Street, London, EC4N 7TW, UK.

    o B2CRYPTO LMITED (B2CRYPTO EOOD) with registration number 205155120 domiciled at Prof. FrityofNansen Str. 9, 1142, Sofia, Bulgaria, also indicated on its website Blvd. Tzar Boris III, Sofia, 1612, Bulgaria.

    o JOSHUA DEVELOPMENTS LTD, registered under number 964 6005 and domiciled at 168 Clare Road, Cardiff, CF11 6RX, United Kingdom.

    or THINKING AHEAD LTD with registration number 04769025 and address at 30-31 St. James Place, Mangotsfield, Bristol, Avon, BS16 9JB, United Kingdom.

    And the names of the scammers that we are investigating today are, among others: Ema Suarez Adriana West, Bella Martinelli, Amelia Rivera, Roberta, Marco Krueger (superior Amelia Rivera), Daniel Gutiérrez (financial department)

    The email addresses of the scammers are: [email protected], [email protected], [email protected], [email protected] (Although since they are the same they also use Coincall accounts: [email protected] o [email protected])

    The Police and IT told us that we had to be very direct when investigating so as not to find dead ends. We, one of the guys who works with us, has experience in Cryptocurrencies, and in our case, in part of the scam we made transfers of Bitcoins and Litecoins to the accounts they gave us from the Bank of Monaco (through the Coinbase platform) , so that the ownership of the cryptocurrency portfolio can be followed and achieved.

    Likewise, transfers to Bulgaria, Russia, Estonia, Czech Republic are easy to follow.

    These people are professionals of this, who use a page and when they burn it, they open another one and continue with the same thing (sometimes they even use the same names), so collaboration between those affected is very important, to gather the maximum number of possible tests (because in some cases they can use a mobile or phone that can be located, a personal email, or the bank account where the transfer is made)

    We created an email to be in contact with more victims: [email protected] and thus be able to collaborate. If you are in this situation please contact us

    • Recommended Brokers Reply

      Hi Carlos, thank you very much for all this information about Banc de Monarch. We hope it will be of help to people who have not managed to withdraw their capital with this broker.

      Greetings.

  4. Mariana Reply

    Sign this petition to try to end the financial chiringuitos and get our money back
    change .org / p / government-of-espa% C3% B1a-closure-of-financial-chiringuitos

  5. JCP Reply

    Hello JORGE, I don't know if you have seen my answer, which is why I am writing to you again. I give you my phone number 659.489.771 in case you want me to help you with something since I am also another of those affected. Whether you have filed a complaint or not, I can guide you if you wish. I would appreciate being able to contact you because the better organized we are, the more effective the end result will be to catch these people who have done so much damage. All the best.

  6. JCP Reply

    Are there any of you who have filed a complaint with the police?

  7. JCP Reply

    I invested a lot of money in Banc de Monarch. The operation was going well for me. I had earnings but when it came to withdrawing the money they didn't want to give it to me. I would like to contact one of you to coordinate strategies aimed at recovering the scammed money. I would appreciate that through this forum you find more people who, like me, are interested in getting their money back. I wait for some comment. Thanks

    • Recommended Brokers Reply

      Hello JCP, thank you very much for sharing your experience with Banc de Monarch… Can you tell us more about your experience with this company? Do you remember how you came to find them? See if any other customer contacts you.

      Greetings.

      • JCP

        I saw that the MT4 platform offered a series of advantages over others that I had tried and also thinking that the Bank of Monaco was really a bank, it could not cross my mind that they were going to keep my money. On the other hand, I couldn't imagine that if an entity swindled the CNMV or the equivalent of another country, it would not pursue it until it closed. The sad thing about this is that by not chasing them, the financial bars are given wings.

      • Recommended Brokers

        Hello JCP, thanks for the information, also Banc de Monarch is not a bank, just because of the name ...

  8. EBMYCCE Reply

    It is very important to report it to the police, that will make it take into consideration. Although the amount of money is small. It does not matter the country. If we are few whistleblowers, this will never end nor will we have much hope of recovering money.

    • Recommended Brokers Reply

      Hello, good information, or also with the financial regulator of the country of each client.

  9. ozone 22 Reply

    coincall is monarch's new banc scam, they just change name and keep scamming, it's amazing truly amazing

    • Recommended Brokers Reply

      Hello Ozone 22, thank you very much for the information, we have already been told that Banc de Monarch and Coincall are related.

      Greetings.

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