Score

1.43 /10
Danger

Monafoli

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.37

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Monafoli

Company Abbreviation

Monafoli

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away!
Previous Detection : 2025-01-07
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Monafoli · Company summary

Note: Monafoli's official website: https://www.monafoli.com is normally inaccessible.

Monafoli Information

Monafoli is an unregulated brokerage company registered in the United Kingdom. While the broker's official website has been closed, so traders cannot obtain more security information.

Monafoli Information

Is Monafoli Legit?

The unregulated Monafol will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.

Is Monafoli Legit?
Is Monafoli Legit?

Downsides of Monafoli

  • Unavailable Website

The inaccessible Monafoli website raises concerns about its reliability and accessibility.

  • Lack of Transparency

Since Monafoli does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

  • Regulatory Concerns

Monafoli is not regulated, which is less safe than a regulated one.

  • Withdrawal Difficulty

According to a report on WikiFX, a user encountered significant difficulties with fund withdrawals. The issue remained unresolved despite the request being pending for a long time.

Negative Monafoli Reviews on WikiFX

On WikiFX, users can see comprehensive information about various brokers and can disclose brokers based on their own experience.

Negative Monafoli Reviews on WikiFX

Currently, there is only one piece of Monafoli exposure in total.

Exposure. Cannot withdraw

ClassificationUnable to Withdraw
Date2022-07-04
Post CountryGermany

You may visit: https://www.wikifx.com/en/comments/detail/202207047352875927.html.

Conclusion

Monafoli Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status indicates that the broker's trading risks are high. It is advisable to choose regulated brokers with transparent operationsto ensure the safety of your investments and compliance with legal standards. Traders can learn more about other brokers through WikiFX. Information improves transaction security.

User Reviews

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User comment

1

Comments

Write a review

Mr@king
more than one year
We have, unfortunately, been gullible enough to give them a LOT of money as we are not familiar with how the market works. They're a scam on a large scale and have successfully ruined my family and our financial situation.
We have, unfortunately, been gullible enough to give them a LOT of money as we are not familiar with how the market works. They're a scam on a large scale and have successfully ruined my family and our financial situation.
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2022-12-09 14:10
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