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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Monex Europe

United Kingdom United Kingdom | 5-10 years |
Questionable Regulatory License | High Potential Risk

https://www.monexeurope.com/

Website

Rating Index

Influence

Influence

C

Influence Index NO.1

Colombia Colombia 4.22
Surpassed 15.90% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+44 20 3650 6300
https://www.monexeurope.com/
1 Bartholomew Lane London, EC2N 2AX, UK

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Company Profile 3
5-10 years
Questionable Regulatory License
High Potential Risk
Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
United Kingdom
Operating Period
5-10 years
Company Name
Monex Europe Ltd
Abbreviation
Monex Europe
Employees
--
Email
support@monexpay.com
Contact Number
+442036506300
Address
1 Bartholomew Lane London, EC2N 2AX, UK
Business Region
Verified Site
Relationship Map
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About Us
Wiki Q&A
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Official Website

Verified Site

  • monexeurope.com
    134.122.107.237
    Server Location
    United Kingdom United Kingdom
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    2012-05-09
    Website Name
    WHOIS.GODADDY.COM
    Company
    GODADDY.COM, LLC

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Monex Europe

Related Companies

MONEX EUROPE LIMITED
United Kingdom
MONEX EUROPE LIMITED
Active
United Kingdom
Registration No.
06014261
Est. Date
MONEX EUROPE LTD SUCURSAL EN ESPAÑA
MONEX EUROPE LTD SUCURSAL EN ESPAÑA
Active
Registration No.
1000292255973
Est. Date

Company Profile

Company Profile

Review summary

Monex Europe Review Summary
Founded1985
Registered Country/RegionMexico
RegulationFCA (Revoked)
Products and ServicesSpot FX, Forwards, FX Derivatives, FX Hedging, Global Payments, API Integration, Multi-currency Accounts
Demo Account
Trading PlatformMonex Pay Platform (Web, iOS, Android), Monex REST API
Customer SupportTel/WhatsApp: +44 (0) 203 650 6400
Email: support@monexpay.com

Monex Europe Information

Monex Europe, formed in 1985 and headquartered in Mexico, was previously regulated by the FCA in the UK but has since had its license revoked. The company provides complete foreign currency and cross-border payment services to corporate clients. Their solution includes the Monex Pay platform and a REST API for integration and automation.

Monex Europe's homepage

Pros and Cons

ProsCons
Offers institutional-level FX and payment solutionsFCA license revoked
Supports 60+ currencies and up to 40 multi-currency walletsNo demo accounts available
Mobile & API-based trading and payment platforms availableLimited information about fees

Is Monex Europe Legit?

No, it is not regulated. Monex Europe Limited used to be regulated by the Financial Conduct Authority (FCA) of the UK. The number of their payment license was 463951. However, it is no longer valid because the license state is shows“Revoked”.

Revoked FCA license

Products and Services

Monex Europe offers a lot of different FX products, risk management tools, and global payment services. They offer spot and forward FX, FX derivatives, integrated API solutions, and multi-currency account services. These services support more than 60 currencies and up to 40 currency wallets for businesses that operate around the world.

CategoryProducts & Services
Commercial FX ProductsSpot FX, Deliverable Forwards, Market Orders (Limit & Stop), Margin Credit Facilities
FX DerivativesFX Options, Non-deliverable Forwards (NDFs), Custom Forwards, FX Hedging Strategies, FX Advisory
Global PaymentsMonex Pay Platform, Multi-Currency Accounts (40+ currencies), Batch/Individual Payments, SWIFT Integration
Technology SolutionsMonex REST API, Client & Developer Support, Developer Portal, Customisable Client Portal
Products and Services

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
Monex Pay PlatformWeb, iOS (App Store), Android (Google Play)Corporate clients managing global payments
Monex REST APIServer-side/API integrationBusinesses & developers needing automation
Trading Platform

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • High Potential Risk

Wiki Q&A

Is it risky to trade with Monex Europe?

Yes, engaging with Monex Europe involves significant risk. According to WikiFX data, the firm is categorized under a business scope that warrants heightened scrutiny and operates without any current, valid license from a mainstream financial regulator for forex trading. While it previously held a 'Payment Service Provider' license from the UK's FCA, this authorization is listed as revoked. Consequently, clients do not benefit from standard protections such as segregated client funds or access to an independent dispute resolution scheme.

04-02
United States

Is Monex Europe suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose Monex Europe or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

04-02
United States

What essential information should I know before trading with Monex Europe?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

04-02
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States

Apakah dana masih dapat dipulihkan setelah terjadi penipuan investasi?

Pemulihan dana setelah terjadi penipuan investasi dapat menjadi proses yang sulit, namun tindakan cepat dapat membantu mengurangi potensi kerugian. Disarankan untuk menyimpan catatan transaksi dan komunikasi, menghubungi pihak bank untuk mencoba menghentikan atau membekukan pembayaran, serta melaporkan kejadian kepada otoritas setempat. Investor juga dapat menggunakan kanal pengaduan di WikiFX untuk meningkatkan visibilitas kasus.

18h

Bagaimana cara membandingkan broker secara efektif?

Untuk membandingkan broker secara efektif, investor dapat menilai status regulasi, skor keseluruhan, lingkungan trading, kondisi akun, dan umpan balik pengguna. Disarankan memprioritaskan informasi lisensi dan regulator terlebih dahulu, kemudian membandingkan indikator seperti spread, kecepatan eksekusi, serta persyaratan deposit minimum. Fitur perbandingan multidimensi di WikiFX dapat membantu proses analisis secara lebih sistematis.

18h

¿Qué es un sitio web clonado de un bróker?

Un sitio web clonado de un bróker es una página fraudulenta que imita la información de una empresa legítima para inducir a los inversores a realizar depósitos. Estas páginas suelen copiar el nombre de la marca, el diseño del sitio e incluso la información regulatoria. Sus características comunes incluyen dominios similares al sitio oficial, información de contacto difícil de verificar y promesas de rentabilidad inusualmente altas. Una vez transferidos los fondos, normalmente resulta difícil recuperarlos. Se recomienda verificar el dominio oficial, la información regulatoria y utilizar WikiFX como herramienta de verificación adicional.

18h

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States
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