Monfex Review
Updated: March 20, 2026
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Fast Facts
Contact Info and Support
Website: http://monfex.com
Traffic information
| Category | Metrics | Meaning |
|---|---|---|
| Ratings | Global Rank | 13144415 |
| Country Code | - | |
| Country Rank | - | |
| Category Rank | - | |
| Engagement metrics | Visits | 1150 |
| Bounce Rate | 0.4019 | |
| Pageviews per Visit | 1.12 | |
| Avg. Visit Duration | 0 | |
| Estimated monthly visits | July 2025 | 331 |
| August 2025 | 1476 | |
| September 2025 | 1150 | |
| Top countries | United States (US) | 100% |
| Traffic sources | Direct | 41.8% |
| Search | 33.38% | |
| Referrals | 12.73% | |
| Social | 9.69% | |
| Paid Referrals | 1.36% | |
| 0.19% | ||
| Top keywords | apple stock | 1126530 ◦ $2.67 ◦ $0 |
| nasdaq: msft | 795560 ◦ $0 | |
| msft | 299610 ◦ $2.32 ◦ $0 | |
| gbp | 193850 ◦ $1.5 ◦ $0 | |
| ico | 104650 ◦ $1.22 ◦ $0 |
About Monfex
Monfex is unregulated: it is registered in Saint Vincent and the Grenadines under TENB Ltd. or SWISS‑SVG HOLDING LTD, but that jurisdiction does not supervise forex or brokerage activities. The Spanish regulator CNMV has issued a warning stating that Monfex is not authorised to provide investment services in Spain (). Monfex operates a proprietary web-based trading platform (no MetaTrader 4/5), offers a range of assets including forex, CFDs on commodities, stocks, indices, and cryptocurrencies, and advertises leverage up to 1:400 (). The broker states it accepts deposits via Visa/Mastercard and wire transfer, disallows U.S. residents, and sets minimum deposit at USD 250 ().
Pros and cons
Pros
- No deposit fees and no trading commissions reported by some sources ().
Cons
- Unregulated by any recognised financial authority; lacks investor protection and oversight ().
- Warning issued by CNMV for unauthorised investment services ().
- Proprietary web platform only; no support for MT4/MT5 ().
- Reports of withdrawal issues, poor customer support, lack of transparency in terms and conditions ().
- Trust and security concerns: low trust scores from third‑party site checks (e.g., Gridinsoft, ScamAdviser) ().
- Accepts neither U.S. nor OFAC‑listed, Israeli or Ukrainian residents ().
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