MONDFX

MONDFX | 2024-09-14 15:39

الملخص：MONDFX was founded by Mond Trades Ltd. in 2023, whose minimum deposit is affordable for many customers. However, the absence of regulation has become its biggest disadvantage.

MONDFX was founded by Mond Trades Ltd. in 2023, whose minimum deposit is affordable for many customers. However, the absence of regulation has become its biggest disadvantage.

Pros and Cons

Pros	Cons
Various trading instruments	Not regulated
Low minimum deposit	Existed swapping fees
Low spreads	Lack of transparency

Is MONDFX Legit?

MONDFX is not regulated in Saint Lucia by National Financial Services Commission (NFSC). Itowned and operated by Mond Trades Ltd., and the company's registration number is 2024-00109.

What Can I Trade on MONDFX?

MONDFX offers over 800 trading assets, including 300+ FX currency pairs, metals, indices, stocks, cryptos and commodities.

Tradable Instruments	Supported
Forex	✔
Metals	✔
Indices	✔
Stocks	✔
Cryptocurrencies	✔
Commodities	✔
Options	❌

Account Type & Leverage

MONDFX offers five account types, including Nano, Standard, Ecn, Pro Ecn and Islamic.

NANO account and STANDARD account are suitable for beginners.

ECN account is popular with most traders.

Pro ECN account is a good choice for professional traders.

Islamic accounts are suitable for institutional traders.

Account Type	Minimum Deposit	Swap	Leverage
NANO	$15	✔	1:500
STANDARD	$15	✔	1:500
ECN	$200	✔	1:500
PRO ECN	$500	✔	1:500
ISLAMIC	$1000	❌	1:100

MONDFX Fees (Spreads & Commissions)

Account Type	Spread	Commission
NANO	normal	✔
STANDARD	normal	✔
ECN	normal	❌
PRO ECN	low	✔
ISLAMIC	low	✔

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	Windows and Android	Experienced traders

Deposit and Withdrawal

Deposit Options

Deposit Options	Min. Deposit	Processing Time
MasterCard	$15	Instantly
Visa card	$15	Instantly
digital currencies	$15	Instantly
dollars, euros, dirhams and liras	$15	Instantly

Withdrawal Options

Withdrawal Options	Min. Withdrawal	Processing Time
MasterCard	Not mentioned	a few minutes to a maximum of 48 hours
Visa card	Not mentioned	a few minutes to a maximum of 48 hours
digital currencies	Not mentioned	a few minutes to a maximum of 48 hours
dollars, euros, dirhams and liras	Not mentioned	a few minutes to a maximum of 48 hours

Customer Service

Contact Options	Details
Phone	(+44) 7378 555 017
Phone	(+44) 7441 922 091
Email	info@mondfx.com
Support Ticket System	❌
Online Chat	7/24
Social Media	Instagram, Telegram, YouTube, Twitter, LinkedIn
Supported Language	English, Farsi
Website Language	English, Farsi
Physical Address	No405, HMF AL ZAROONI Building, Musalla Road, Alkhaleej St, Dubai, United Arab Emirates

The Bottom Line

With low deposits, MONDFX provides its customers with a diversified investment environment. However, without regulation and withdrawing customers' funds could be difficult due to the multiple fees.