Monzaee FX indicates two addresses for the company’s offices, which are located in London and Dubai. According to the information on the website, the project has 9 branches, and 9 industry awards, and the service is used by more than 8 thousand active clients. As for the domain, it was registered only in July 2023 in Reykjavik (Iceland). It’s worth noting that the broker considers clients’ requests to open an account from dozens of countries, including the USA, Iran, and Afghanistan. Finally, the multilingual interface supports 10 languages, including Chinese and Vietnamese, and English is set by default.
Can this broker be trusted? We will find out what the company is all about and share it with you so that you can evaluate its reliability and understand how safe you can trade here.
Trading Conditions
Monzaee FX offers users its own platform, which is available on mobile and desktop devices. To register, you need to provide your email, phone number, residential address, and other personal information. You will be able to trade more than 165 instruments on Forex, stock markets, and precious metals. The broker claims that the terminal works at exceptional speed.
The platform offers 3 types of tariff plans, which are structured by the amount of the minimum deposit. You can open an account on the following terms:
- SILVER – Initial Deposit $100, Leverage Up to 1:500, Spread Fixed from $15, Order Volume 1.0 – 10 lots, Swap 0.
- ECN – Deposit $500, Leverage Up to 1:500, Spread Fixed from 18$, Order Volume 1.0 – 15 lots, Swap 0.
- SUPREME – Deposit $1,000, Leverage Up to 1:500, Spread Fixed from $,22, Order Volume 1.0 – 18 lots, Swap 0.
Depositing and withdrawing funds is carried out with the help of electronic payment systems and bank card transfers. You can analyze the current state of the world markets if you follow the link to the TradingView graphical platform.
The broker offers a financial calendar and electronic calculator. On the website, you will find 4 symbols of the main social networks, but they are not active. In addition, you have access to 24/7 support via online chat and ordering a phone call from the broker’s staff via the feedback form.
FAQ
Would investing in Monzaee FX offer the best returns?
Profitable trading on this unknown platform may actually turn out to be a loss of your deposit. Users almost always lose money in risky CFD trading, which, by the way, is banned in the USA. Despite this, the broker considers applications to open accounts from citizens of this country.
Does Monzaee FX carry out withdrawals?
There is a high probability that your money will not be returned to you. Traders write about this in their primarily negative reviews. If you have experience with this broker, please share your opinion.
May I be scammed on monzaeefx.com?
On the site, we see only advertising information that contradicts the facts. For example, the administration writes about numerous awards, despite the fact that there is a fresh domain, no Terms of Service, and no brokerage license. Most likely, this terminal is operated by fraudsters.
What's the best way to share my experience with Monzaee FX?
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How can I tell if Monzaee FX is a fraudulent company?
Do your own research and never believe those who promise you easy money.
9 reviews about Monzaee FX