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Monex EU Group

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Operating status: SCAM

Website: https://www.monexeugroup.com/Home

Broker violations and abnormal records
  • 2024-09-09 The Swiss FINMA issues a warning about Monex EU Group

    On September 10, 2024, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Monex EU Group, stating that this broker is not entered in its commercial register. https://www.finma.ch/en/finma-public/warnungen/warning-list/monex-eu-group/

    On September 10, 2024, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Monex EU Group, stating that this broker is not entered in its commercial register. https://www.finma.ch/en/finma-public/warnungen/warning-list/monex-eu-group/
  • 2024-09-10 BrokersView has reviewed that Monex EU Group is an unregulated broker

    The website of Monex EU Group was established as recently as late March 2024. It does not display any valid licensing information or registration details to substantiate its legitimacy in the market. In addition, the Swiss Financial Market Supervisory Authority (FINMA) has issued a warning against Monex EU Group, stating that this broker is not entered in its commercial register.

    In essence, Monex EU Group 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.

    Monex EU Group appears to be a scam.

    The website of Monex EU Group was established as recently as late March 2024. It does not display any valid licensing information or registration details to substantiate its legitimacy in the market. In addition, the Swiss Financial Market Supervisory Authority (FINMA) has issued a warning against Monex EU Group, stating that this broker is not entered in its commercial register.In essence, Monex EU Group 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.Monex EU Group appears to be a scam.

Related Complaints

Q&A

I think Monex EU Group is a scam, do you believe so?

JimCoolinz
Ireland
2024-12-13
ANSWER Dear Investor, Thank you for reaching out to us. We agree with your assessment, as Monex EU Group has been marked by us as a scam. The website of Monex EU Group is currently inaccessible. Even when it was functioning, it didn't provide any valid licensing information to demonstrate its legitimacy and credibility. The Swiss Financial Markets Supervisory Authority (FINMA) has warned the public about Monex EU Group for being absent from the commercial register. Thorough research on your target broker is imperative. We appreciate that you brought this potential scam to our attention. If you need our assistance, do not hesitate to contact us. Our team is always ready to help you.
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Is Monex EU Group licensed?

George Banwill
South Africa
2024-09-12
ANSWER Dear Investor,Thank you for reaching out. We are concerned that Monex EU Group may be a scam.The website for Monex EU Group is recently registered and does not provide any valid licensing information to substantiate its legitimacy. This is a significant warning sign. Additionally, the Swiss Financial Market Supervisory Authority (FINMA) has issued a warning against Monex EU Group, stating that this broker is not entered in its commercial register.Therefore, we strongly suggest you avoid using Monex EU Group. For a safer trading environment and peace of mind, we recommend choosing fully regulated brokers instead.
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1 comments

Oix
Name of a scammer is Roman Hertz, apparently from Montenegro but with clear Serbian accent, stay safe.
2024-12-03
1
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