No Regulation

Score

0 1 2 3 4 5 6 7 8 9

/10

MonFX

Singapore | 2-5 years |

Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://www.monfx.com/en/

Website

Open Account Now Time Machine

Rating Index

Influence

Influence Index NO.1

Singapore 2.56

Surpassed 14.80% brokers

Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+65 6914 0850

https://www.monfx.com/en/

5 Shenton Way, UIC Building, #10-01, Singapore 068808

Forex License

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

Company Profile 4

2-5 years

Questionable Regulatory License

Suspicious Operational Region

High Potential Risk

Warning: Low score, please stay away!

2026-04-15

This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region

Singapore

Operating Period

2-5 years

Company Name

MonFX Pte Ltd

Abbreviation

MonFX

Employees

info@monfx.com

Contact Number

+65 6914 0850

Company Website

https://www.monfx.com/en/

Address

5 Shenton Way, UIC Building, #10-01, Singapore 068808

https://twitter.com/monexeurope

MonFX Singapore Verified: No Physical Presence Found

Business Region

Verified Site

Relationship Map

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Employees

About Us

Wiki Q&A

Comment

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Details

Official Website

Verified Site

monfx.com
134.122.107.237
Server Location
United Kingdom
ICP Registration No.
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Creation Date
--
Website Name
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MonFX

Related Companies

MONFX PTE. LTD.(Singapore)

Active

Singapore

Registration No.201611101E

Est. Date2021-06-15

SourceOfficial Statement

Employees

MOORE STEPHENS LLP

Auditor

Appointment Date

Status

Current Employee

MONFX PTE. LTD.(Singapore)

Company Profile

Review summary

MonFXReview Summary
Founded	2005-08-22
Registered Country/Region	Singapore
Regulation	Unregulated
Services	FX Solutions/MonFX Pay/Industry Knowledge
	Tel: +65 6914 0850
	Twitter, LinkedIn
	Email: info@monfx.com

MonFX Information

MonFX Pte Ltd. is part of the financial services group Monex SAPI de CV (“Monex”), a global investment-grade financial services institution specializing in corporate payments and foreign exchange services. In 2022, MonFX will expand its payment services to account issuance, domestic remittances, and e-money issuance.

Is MonFX Legit?

MonFX is not regulated, although Monex Europe Markets claims to be regulated by the UK Financial Conduct Authority, making it less safe than a regulated one.

What services does MonFX have?

FX Solutions: Provides a range of commercial and deliverable FX and FX-related payment services, such as intraday, next-day, and spot FX trading services in more than 60 different currencies, FX hedging solutions, NDFs, etc.

MonFX Pay is a fully integrated online payment platform for international payments. Industry Knowledge: Each client has a dedicated FX dealer and primary contact to provide clients with customized hedging solutions that suit their specific circumstances.

Company Profile

2-5 years
Questionable Regulatory License
Suspicious Operational Region
High Potential Risk

Wiki Q&A

Is MonFX safe to trade with?

MonFX Pte Ltd presents a high-risk profile for traders. It operates without any verified financial regulation, has a very low overall score reflecting significant operational concerns, and lacks the formal protections and oversight mechanisms characteristic of regulated brokers, posing material risks for fund security and dispute resolution.

04-02

United States

What is the regulatory status of MonFX?

MonFX Pte Ltd, based in Singapore and operating for 2-5 years, does not hold any valid regulatory licenses for forex trading, categorizing it as an unregulated brokerage.

04-02

United States

Is MonFX suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose MonFX 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 MonFX?

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