ANSWER Dear Investor,Mon fex appears to be a scam.Unlike regulated brokers, Mon fex does not provide the required licensing details, such as the regulator's name and license number, in the website footer. This strongly suggests that it is not regulated. Additionally, Mon fex offers limited contact information, failing to provide phone numbers or a real location, which makes it difficult for investors or authorities to trace them if any issues arise.Therefore, we strongly advise against using Mon fex. All signs point to its intention to defraud people and evade accountability. For a safer trading environment, we recommend choosing fully regulated brokers.
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