Monaxa

Regulatory & Licensing Information:

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  • Regulatory Authorities:
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    • Financial Services Authority (FSA) of Saint Vincent and the Grenadines:
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      • Entity: Monaxa Ltd
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      • Registration Number: Not specified
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      • Status: Active
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  • Verification:
    • Broker's Claims: Monaxa claims to be registered with the FSA of Saint Vincent and the Grenadines.
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    • Verified Information: Independent reviews confirm Monaxa's registration with the FSA. However, it's important to note that the FSA does not regulate forex brokers or issue licenses to them, which may raise concerns about client safety.
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  • Regulatory Warnings:
    • Issuing Body: None
    • Date of Warning: Not applicable
    • Details: There are no known regulatory warnings against Monaxa.
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Client Feedback

Monaxa has received mixed reviews within the trading community. Some clients appreciate the broker's high leverage offerings and user-friendly platforms. However, concerns have been raised regarding its regulatory status and the safety of client funds