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MONDFX -

Score

4.44 /10
Average

MONDFX

Saint Lucia

1-2 years

Regulated in Saint Lucia

Business Registration

MT5 Full License

Global Business

Medium potential risk

Offshore Regulated

https://mondfx.com

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Score

Regulatory Index2.49

Business Index4.09

Risk Management Index8.90

Software Index9.00

License Index2.49

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Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

Mond Trades Ltd.

Company Abbreviation

MONDFX

Platform registered country and region

Saint Lucia

Company website

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Pyramid scheme complaint

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WikiFX Risk Alerts
Previous Detection : 2025-02-03
  • The Saint Lucia FSRA regulation with license number: 2024-00109 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

MONDFX · Company summary

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's homepage

Pros and Cons

Pros Cons
Various trading instrumentsNot regulated
Low minimum depositExisted swapping fees
Low spreadsLack 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.

Domain information

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

Account comparison

MONDFX Fees (Spreads & Commissions)

Account Type SpreadCommission
NANOnormal✔
STANDARDnormal✔
ECNnormal❌
PRO ECNlow✔
ISLAMIClow✔

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5✔Windows and AndroidExperienced traders

Deposit and Withdrawal

Deposit Options

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

Withdrawal Options

Withdrawal Options Min. Withdrawal Processing Time
MasterCardNot mentioneda few minutes to a maximum of 48 hours
Visa cardNot mentioneda few minutes to a maximum of 48 hours
digital currenciesNot mentioneda few minutes to a maximum of 48 hours
dollars, euros, dirhams and lirasNot mentioneda few minutes to a maximum of 48 hours

Customer Service

Contact Options Details
Phone(+44) 7378 555 017
(+44) 7441 922 091
Emailinfo@mondfx.com
Support Ticket System❌
Online Chat7/24
Social MediaInstagram, Telegram, YouTube, Twitter, LinkedIn
Supported LanguageEnglish, Farsi
Website LanguageEnglish, Farsi
Physical AddressNo405, 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.

FAQs

Is MONDFX safe?

No, due to the absence of regulation, MONDFX carries many financial and legal risks.

Is MONDFX good for day trading?

No, the withdrawal processing time always needs a few minutes to a maximum of 48 hours according to the size of trading.

Does MONDFX truly offer commission-free trading?

Yes, but only the ECN account is commission-free.

User Reviews

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User comment

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Comments

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FX4153856317
0-3months
it is a really good broker and im having a soft and comfortable experience. the spread on pro acc is really low and this account is really recommended. also support team is really responsible and they will answer less than a minute. but they can be far better than now.
it is a really good broker and im having a soft and comfortable experience. the spread on pro acc is really low and this account is really recommended. also support team is really responsible and they will answer less than a minute. but they can be far better than now.
Translate to English
2025-01-17 15:12
1
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AlirezaFathi
0-3months
The services of MondFx are truly exceptional! The trading platform is smooth and user-friendly, and their 24/7 support is incredibly helpful. I had a great experience.
The services of MondFx are truly exceptional! The trading platform is smooth and user-friendly, and their 24/7 support is incredibly helpful. I had a great experience.
Translate to English
2025-01-12 15:39
1
0
0