MonFX Pte. Ltd

MonFX Information

MonFX Pte Ltd. is part of the financial services group Monex SAPI de CV (“Monex”), a global investment-grade financial services institution specializing in corporate payments and foreign exchange services. In 2022, MonFX will expand its payment services to account issuance, domestic remittances, and e-money issuance.

Is MonFX Legit?

MonFX is not regulated, although Monex Europe Markets claims to be regulated by the UK Financial Conduct Authority, making it less safe than a regulated one.

What services does MonFX have?

FX Solutions: Provides a range of commercial and deliverable FX and FX-related payment services, such as intraday, next-day, and spot FX trading services in more than 60 different currencies, FX hedging solutions, NDFs, etc.

MonFX Pay is a fully integrated online payment platform for international payments. Industry Knowledge: Each client has a dedicated FX dealer and primary contact to provide clients with customized hedging solutions that suit their specific circumstances.