Monex Europe Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-05-22 18:11

Abstract：Monex Europe, formed in 1985 and headquartered in Mexico, was previously regulated by the FCA in the UK but has since had its license revoked. The company provides complete foreign currency and cross-border payment services to corporate clients. Their solution includes the Monex Pay platform and a REST API for integration and automation.

Monex Europe Review Summary
Founded	1985
Registered Country/Region	Mexico
Regulation	FCA (Revoked)
Products and Services	Spot FX, Forwards, FX Derivatives, FX Hedging, Global Payments, API Integration, Multi-currency Accounts
Demo Account	❌
Trading Platform	Monex Pay Platform (Web, iOS, Android), Monex REST API
Customer Support	Tel/WhatsApp: +44 (0) 203 650 6400
Customer Support	Email: support@monexpay.com

Monex Europe Information

　　Monex Europe, formed in 1985 and headquartered in Mexico, was previously regulated by the FCA in the UK but has since had its license revoked. The company provides complete foreign currency and cross-border payment services to corporate clients. Their solution includes the Monex Pay platform and a REST API for integration and automation.

Pros and Cons

Pros	Cons
Offers institutional-level FX and payment solutions	FCA license revoked
Supports 60+ currencies and up to 40 multi-currency wallets	No demo accounts available
Mobile & API-based trading and payment platforms available	Limited information about fees

Is Monex Europe Legit?

　　No, it is not regulated. Monex Europe Limited used to be regulated by the Financial Conduct Authority (FCA) of the UK. The number of their payment license was 463951. However, it is no longer valid because the license state is shows“Revoked”.

Products and Services

　　Monex Europe offers a lot of different FX products, risk management tools, and global payment services. They offer spot and forward FX, FX derivatives, integrated API solutions, and multi-currency account services. These services support more than 60 currencies and up to 40 currency wallets for businesses that operate around the world.

Category	Products & Services
Commercial FX Products	Spot FX, Deliverable Forwards, Market Orders (Limit & Stop), Margin Credit Facilities
FX Derivatives	FX Options, Non-deliverable Forwards (NDFs), Custom Forwards, FX Hedging Strategies, FX Advisory
Global Payments	Monex Pay Platform, Multi-Currency Accounts (40+ currencies), Batch/Individual Payments, SWIFT Integration
Technology Solutions	Monex REST API, Client & Developer Support, Developer Portal, Customisable Client Portal

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Monex Pay Platform	✔	Web, iOS (App Store), Android (Google Play)	Corporate clients managing global payments
Monex REST API	✔	Server-side/API integration	Businesses & developers needing automation