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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
Related Companies
Employees
About Us
Wiki Q&A
Comment

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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)
United Kingdom
MONEX EUROPE LIMITED(United Kingdom)
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
Employees

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 is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

¿Qué aspectos deben considerarse al elegir un bróker seguro?

Al elegir un bróker seguro, los inversores deben centrarse en factores como la situación regulatoria, la seguridad de los fondos y la transparencia de las condiciones de trading. Generalmente se recomienda priorizar plataformas reguladas por organismos reconocidos como la FCA, la SEC o la ASIC. También es importante verificar si los fondos se mantienen en cuentas segregadas, si la estructura de comisiones es transparente y si existen incidencias relacionadas con retiradas o reclamaciones relevantes. La puntuación de WikiFX y los comentarios de usuarios pueden servir como referencia adicional.

Three days ago

Apa arti broker memiliki beberapa lisensi regulasi?

Broker yang memiliki beberapa lisensi regulasi biasanya beroperasi di berbagai yurisdiksi dan harus mematuhi persyaratan dari beberapa regulator, yang dapat menunjukkan tingkat kredibilitas operasional yang lebih tinggi. Namun demikian, kekuatan pengawasan setiap lisensi dapat berbeda, terutama lisensi offshore. Disarankan memeriksa lisensi dari regulator utama seperti FCA atau ASIC melalui WikiFX.

Three days ago

Apa itu WikiFX dan bagaimana membantu investor?

WikiFX adalah platform pihak ketiga yang menyediakan layanan pencarian informasi broker forex serta peringatan risiko. Platform ini mengintegrasikan informasi regulasi, umpan balik pengguna, dan riwayat operasional broker, serta melakukan evaluasi melalui model multidimensi untuk membantu investor memahami kondisi broker secara lebih menyeluruh.

Three days ago

Bagaimana cara menghitung skor WikiFX?

Skor WikiFX dihitung menggunakan model evaluasi multidimensi yang mencakup indeks regulasi, indeks lisensi regulasi, indeks kapasitas operasional, indeks manajemen risiko, serta indeks teknologi platform trading. Skala skor berkisar antara 0 hingga 10 poin dan diperbarui secara berkala berdasarkan perubahan regulasi dan data operasional terbaru.

Three days ago
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