Monfex Review
Updated: April 10, 2026
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Fast Facts
Contact Info and Support
Website: http://monfex.com
Traffic information
| Category | Metrics | Meaning |
|---|---|---|
| Ratings | Global Rank | - |
| Country Code | - | |
| Country Rank | - | |
| Category Rank | - | |
| Engagement metrics | Visits | 0 |
| Bounce Rate | 0 | |
| Pageviews per Visit | 0 | |
| Avg. Visit Duration | 0 | |
| Estimated monthly visits | December 2025 | 4468 |
| January 2026 | 0 | |
| February 2026 | 0 | |
| Traffic sources | Social | - |
| Paid Referrals | - | |
| - | ||
| Referrals | - | |
| Search | - | |
| Direct | - |
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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