✔️ Information reviewed and updated in March 2024 by Pedro Martínez González

Monfex Comments

In this section we will analyze the broker Monfex (also called monfex.com), is a Forex, Cryptocurrency and CFD broker. Is Monfex really recommended to make an investment? Or is it better not to invest with this company? ⛔ Is it a safe broker? Is a gotcha? We will help you determine it. ✅

You may be wondering why we are reviewing Monfex. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.

We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.

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We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.

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

✅ The broker mentions being part of: SWISS-SVG HOLDING LTD.

 

✅ Regarding its location, the broker mentions being based in: Saint Vincent and the Grenadines.

 

✅ If we analyze the regulation of the broker: they do not mention anything about being a regulated broker, which makes us think that it is an unregulated broker.

 

📌 Remember: the best (and safest) option are regulated brokersas they must meet very strict requirements. Work with an unregulated broker it is very risky. 📌

Now we go on to analyze account types offered by Monfex, in this case, we did not find information that indicates the existence of different types of account.

La platform to operate that Monfex offers is: MT4 platform.

We will now go on to analyze the different resources and aids for traders that Monfex provides on its website. We believe that the resources and help provided on the website can be a great point in favor of the broker.

Monfex website
Monfex website

Monfex provides the following aids or resources to traders or interested parties: tutorials, definitions of some concepts, really not much more than this.

 

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| Other information about Monfex |

 

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

🌏 Website: monfex.com

📞 Telephone number: +44 20 8077 3265

📧 Email: does not have.

 

>>> Assessment on Monfex <<

 

Ending with this section, in our opinion Do we believe that the company Monfex is trustworthy? Should you invest your money with the company?

 

After analyzing it, we recommend taking caution, since it is a broker that is not regulated and is located in a very insecure country for this type of actions (Saint Vincent and the Grenadines), in addition, when looking for reviews about Monfex we find many that are negative and have fun about this broker. We suggest using caution.

 

⛔ Attention ⛔ : in April 2021 CNMV added Monfex to your list of fraudulent financial companies, for acting without authorization. WE SUGGEST EXTREME CAUTION ⛔

➡️ Link to the ⚠️ warning for April 2021 from CNMV

 

We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?

 

You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.

 

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 = ”1204 ″]

 

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.

30 comments on «Monfex: Rating and comments»

  1. mario gra Reply

    Looking at all those comments make me doubt that platform, the truth is that I no longer believe that I will invest. Thanks

    • Recommended-brokers.com Reply

      Hello Mario, you are a FRAUD, thank you for sharing your experience with Monfex. This broker is a SCAM. The CNMV (Financial Regulator of Spain) has placed a notice on this broker for its fraudulent activities (see CNMV notice) Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it. They always try to manipulate you, they will not return your money, neither the initial one nor if you send them later you will not see it anymore, try to claim through our chat.
      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  2. And I am another scammed by monfex Reply

    Hello, good afternoon, I am very angry with the MONFEX thieves, like the comment that Mr. Dagmar has published on November 9, they stole money from me and they will not let me withdraw it, what surprises me even more is that later you They call to tell you not to speak ill of them on the internet (in this recommended brokers forum) That is, first they lie to you, then they rob you, and then they threaten you to tell you to stay quiet.

    It seems unreal and straight out of a hollywood movie (by professional scammers) but it is the way that the MONFEX thieves have to act. Please save yourself a big headache and don't do business with these lying louts. They are nothing more than a group of scammers with a nice website and posing as investors. They have no fucking idea of ​​investments.

    • Recommended-brokers.com Reply

      Hello, you are a FRAUD, thank you for sharing your experience with Monfex. This broker is a SCAM. The CNMV (Financial Regulator of Spain) has placed a notice on this broker for its fraudulent activities (see CNMV notice) Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it. They always try to manipulate you, they will not return your money, neither the initial one nor if you send them later you will not see it anymore, try to claim through our chat.
      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  3. DAGMAR ROOMS Reply

    Thank you for the support: I did not give up on my comments, it is my TRUTH AND THEY KNOW IT.
    The character who called me told me that I was doing bad publicity to the company and its employee: SEBASTIAN RUIZ, He informed me of everything and confirmed that my money would be returned in 6 days.
    since October 19. Lies. What's more, he asked me again for all my background information, from the bank to make the transfer.
    The following also contacted me while I invested and worked with my money that they stayed and that I NEVER LOST, witness is "THE FINANCIAL ADVISOR"
    KATE DAVIS, LUIGI CASTRO RAQUEL SANCHEZ., LUIGI NEVER COULD SEND AN MAIL TO HIM, BECAUSE IT DIDN'T EXIST, AFTER HE CONTACTED ME, I HAVE ALL THE MAIL, LIKE THE OTHER PEOPLE'S, THE OTHERS SOLU EXCUSED AND THEY WOULD SEE IT ETC.
    In the end, if they take the time to call to tell me that because of my slander they would act with their LEGAL team AGAINST ME, FOR Slander.
    and IF YOU ARE RIGHT, I WILL NOT GET MY MONEY BACK, THEY MISS MORE "" "" BUT I DON'T WANT ANOTHER PERSON TO GO THROUGH THIS THAT THEY ARE UNPLEASANT THAT IT COMES AS SHAME TO COMMENT.

    • Recommended-brokers.com Reply

      Hello DAGMAR, they will not do anything at all, they just want to avoid going out on the networks and on the internet, they do not like to change their nicknames every day, they are so stupid that they no longer even know what they are called (false names) when they talk to their clients to rip them off. You have to obtain and give as much information as possible so that they are exposed and that people seek before investing before falling for their lies.

      Greetings.

  4. Armando Reply

    They are professional scammers, if you want to withdraw your money they get angry, please read the comments here exposed about monfex, because they are all real, they are a group of scammers. Withdrawals are NEVER allowed. If you mention that you need your money, they get angry and disrespect you. They are motherfuckers thieves.

    • Recommended-brokers.com Reply

      Hello Armando, you are a FRAUD, thank you for sharing your experience with Monfex. This broker is a SCAM. The CNMV (Financial Regulator of Spain) has placed a notice on this broker for its fraudulent activities (see CNMV notice) Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it. They always try to manipulate you, they will not return your money, neither the initial one nor if you send them later you will not see it anymore, try to claim through our chat.
      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

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