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MondFX

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Operating status: SCAM

Website: https://mondfx.com/

Broker violations and abnormal records
  • 2024-09-10 BrokersView has reviewed that MondFX is an unregulated broker

    According to its website, it is regulated by Saint Lucia and its address is in the UAE. It is worth noting that Saint Lucia does not have foreign exchange regulatory authority. In addition, upon investigation, no matching information was found in the Securities and Commodities Authority (SCA), the Dubai Financial Services Authority (DFSA), and the Central Bank of the UAE (CBUAE).

    In essence, MondFX is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    MondFX appears to be a scam.

    According to its website, it is regulated by Saint Lucia and its address is in the UAE. It is worth noting that Saint Lucia does not have foreign exchange regulatory authority. In addition, upon investigation, no matching information was found in the Securities and Commodities Authority (SCA), the Dubai Financial Services Authority (DFSA), and the Central Bank of the UAE (CBUAE).In essence, MondFX is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.MondFX appears to be a scam.

Related Complaints

Q&A Complaints

Please verify the legitimacy of MondFX.

Hamd
Denmark
2024-09-12
ANSWER Dear Investor,Thank you for reaching out. We are concerned that MondFX may be a scam.While MondFX claims to be registered in St. Lucia, it is important to note that this country is an offshore center known for its lax regulation. More importantly, St. Lucia does not license forex trading. Therefore, MondFX, as a forex broker, is not operating in a regulated environment.We strongly suggest you avoid using MondFX due to its unlicensed status. For a safer trading environment, we recommend choosing fully regulated brokers instead.
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3 comments

Sergey Brin
This ( Broker) is a big scam broker, I paid a huge amount of $90,000, They persuaded me, into putting more of my hard earned money with all hope to get profits in return, they won’t allow me to withdrawal my investment. All because all they wanted is to steal my money. I got advised to go ahead to file a refund case against them, which to my greatest surprise I was able to withdraw my money, I contacted (jimbianco189 @gmail.com) and his team of recovery experts, they were able to assist me to withdraw of my money, and restore my funds, they are responsive, you can reach out to him for help also,I guess am not the only one who has fallen victim, people might need this information
2024-11-08
Reply
FX Community
Beaware Same cases they not process my withdraw, i’am waiting for 10 days since they promise 48 hour, they asking me to sent selfie videos with holding ID card. Guys Please Help…!!!
2024-09-13
Reply
traderFX
99.9% is an scam broker. avoid to use it because they won't give you your money back
2024-09-13
Reply
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