✔️ Information reviewed and updated in May 2024 by Pedro Martínez González
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?
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 here. to see the image in full size) in the following image:
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 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).
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
Telephone: + 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.
We leave a vote open so that traders, clients and users of the broker can vote.
[democracy id = ”123 ″]
Apparently the bank is Amelia, everyone talks about her, that she will not call like that for sure.
Guys come out of this burner, everything works badly sprets, the insiders hallucinate with the slipage, three towns pass in every way. When you see that the price exceeds the entry you STILL benefit negatively
Hi Pedro, thank you for sharing your experience with Banc de Monarch with us, do you remember how you found them in the first place?
Greetings.
Hello Pedro, are you also affected or did you not become one?
Hello, I want to tell you that I have also fallen into the Amelia Rivera farce, she has taken out my last dollars that I had now I realize that all brokers are scammers.
Hi Jorge, thank you very much for sharing your experience with Banc de Monarch with us.
A greeting.
Hello Jorge,
Have you filed a complaint with the police? If you haven't, it is important that you do so. In the first place, because there will be more force to go against them when the justice is aware that there are several affected and secondly because in this way if the justice acts you will be able to recover something of what was lost.
Please tell me if you have filed a complaint or not.
Hello, in my case, I have been scammed with euros, they painted me wonders and nothing has been fulfilled by my own hope, I do not recommend them, they are very careful scammers in my case they do not answer my messages or calls or broker or money they are ghosts he attended me a certain amalia rivera a total sinbergueza and I keep it
Hi John, thank you very much for sharing your Banc de Monarch experience with us, it's really a shame what you mention. Do you remember how you came to find this company?
A greeting.
good afternoon . Yes, of course this woman Ameli Rivera called me many times until she convinced me and since I saw that it was a bank, I trusted myself, which I regret - from my point of view, good people no longer exist and we become distrustful for the future because of Jentusa how is
Hi John, but you have no idea how he got your number? Maybe you signed up for an advertisement, or left your contact information. About people, it is true that it is a pity that there are people who take advantage of unwary people.
A greeting.
Hi John, have you been able to solve something with the Bank of Monaco?
Hello, in my case, I have been scammed with 2750 euros, they painted me wonders and nothing has been fulfilled by my own hope, I do not recommend them, they are very careful scammers in my case they do not answer my messages or calls or broker or money they are ghosts to me A certain amalia rivera attended a total sinbergueza and I keep it
hello friends these good, look at this as they have a similar page https://www.broker-fraude.com/banc-de-monarch/
Hello “joreg”, because the truth is that it is quite rare that they have a “cloned” web page, as the section says, we suggest a lot of caution with Banc de Monarch.
I was going to get to work with this broker but with these comments you would never do so, so I always like to thoroughly study the company if it is regulated so as not to lose capital
Hi Walter, thank you very much for sharing your Banc de Monarch experience with us… How did you come across this company in the first place?
A greeting.
Be very careful, I have not invested with them, but on this website they mention that they have something like a page https://www.broker-fraude.com/banc-de-monarch/ Be careful especially to beginners ...
Hello "solidarity anonymous", thank you very much for this information, yes that the page that you mention on this website is the same as Banc de Monarch, it is at least very rare.
A greeting.
Good afternoon. From my own experience I do not recommend that you invest in Banco de Monaco. I have been scammed, I cannot withdraw my money, they stopped communicating with me and the emails I send say that they do not arrive or have not been completed.
If you can tell me how to recover my capital or where to turn to report them.
Thank you
Hello Yanny, thank you very much for sharing your experience with Banc de Monarch with us… How long have you been unable to communicate with this company? Do you remember how you came to find them?
A greeting.
Hello Yanny, have you filed a complaint? It is important so that at least if they are caught that all the damage they have done can be shown. Tell us something because I and other colleagues are also affected by Banco de Monaco and sharing information can help us to go against them.
Hello, thanks for the review, I in my experience, DO NOT RECOMMEND YOU.
Hello daumal, thank you very much for sharing your experience with Banc de Monarch with us, could you tell us a little more? Why don't you recommend them?
A greeting.
Hello in the comment that if Banc de Monarch is a non-regulated brouker, is it true? . I want to invest but by not being regulated I can lose my money. I am hesitating to invest with Banc de Monarch.
since they are calling me continuously.
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.
Regarding its location, the broker mentions being based in the Marshall Islands.
If we analyze the regulation of the broker, it is an unregulated broker.
Hello Alexander, indeed, Banc de Monarch is an unregulated broker. To choose a recommended broker we recommend reading the tips at this section.
A greeting.
Do not invest or you will regret it