ANSWER Dear Investor,We've investigated Monix Limited and believe it to be a potential fraud.While Monix Limited claims to be multi-regulated, it doesn't provide any valid licensing details to substantiate this claim. Despite purporting to be based in the UK, Monix Limited is not registered with the Financial Conduct Authority (FCA), leading to a warning from the FCA.Therefore, we strongly suggest you avoid using Monix Limited due to its unlicensed status. For a safer trading environment, we recommend opting for fully regulated brokers instead.
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