Its developers introduce Monfex as a platform that may revolutionise online trading. Made by a team of finance and tech experts, it’s a new level of investing. Trading with Monfex, you get access to markets with up to 100X leverage and the ability to go long and short on 200+ instruments. It may be a perfect way to get richer!
Monfex – scam or is it legit?
Monfex is a financial instrument that makes online trading simple and effective. Users may set up their accounts while depositing into the platform with Visa/Mastercard or Wire transfer. After making their deposit, they can trade 200+ instruments (Forex, Indices, Commodities, Crypto, Stocks), long or short, with up to 100X leverage based on the user’s panel friendly to use.
Below you can see some opinions about Monfex shared by its regular users:
Registration in Monfex
Opening an account is quick and easy. It’s enough to fill out a short online application. Remember that creating your account, you must be aware of all dangers and risks connected with investing. Without it, you will never have outstanding results. Trading is risky, especially when you have as many options as ones available on Monfex.
With Monfex, you can invest using:
- FOREX – with its most liquid pairs: Euro, Pound sterling, New Zealand dollar, Australian dollar, etc.
- STOCKS – CFDs on the most popular stocks and shares: Apple, Amazon, Google, Tesla, etc.
- CRYPTO – such as Bitcoin, Ethereum, Litecoin, Ripple, EOS, Monero, etc.
- INDICES – for example, Dow Jones, S&P 500, DAX, FTSE, etc.
- COMMODITIES – also the most profitable ones: Gold, Silver, Oil, Natural Gas, Palladium, etc.
Logging in to Monfex
Monfex allows its registered users to earn money. As a trading platform, it lets you speculate on many types of assets at any time and from any web browser in the World. The smallest possibly deposit is 250 GBP. The panel for users available on Monfex is quite simple to learn and understand, but new users need up to an hour to know all options they may use.
Before you start any investment, remember that trading carries a high-risk level that may not be suitable for all investors. What’s more, leverage always creates additional risk and loss exposure. Because of this, it’s extremely important to consider all aspects connected with investing. For Monfex they are investments assumptions and goals, your experience and your risk tolerance. It’s impossible to know too much being a trader, so also remember about getting knowledge and learning new things. Use Monfex materials to do that and don’t miss tutorials they share.
A few words about Monfex
How to describe Monfex in just a few words? It’s a virtual trading platform established in 2018 that offers the possibility to trade with leverage. Users emphasise the website’s advantage over the competition is its low commissions and an intuitive main panel. What’s more, Monfex matches perfectly more and less experienced users. The platform also offers a lot of educational materials that are accessible to every registered user.
What is Monfex?
Monfex is your chance to find your way to financial instruments that only the wealthiest traders use. Thanks to this platform, even ordinary people can take advantage of opportunities previously reserved for only a few. 250 GBP is now enough to open the door that can mean wealth. Of course, trading involves risks that must not be forgotten, but it also offers what has so far only been used by big companies and wealthy investors.
Monfex conditions and requirements:
|Creating an account||Free|
|Minimum deposit||GBP 250|
|Account delete option||Yes|
|Account type||Personal account|
|Complaints||Considered up to 14 days|
|User data verification||Yes|
|Company working time||Round the clock (24/7)|
|Age||At least 18 yo|
The offer of Monfex
Monfex offers the possibility to earn money through a bet made between the exchange and a user or another user regarding the price predictions. Only part of the client’s funds is invested; the rest is borrowed from the broker. The loan amount depends on the size of the leverage. The leverage may differ for various goods, and everything is available to check on Monfex. Before you start investing, bear in mind that trading involves enormous risk. Before any action, it is worth considering how great the possible loss of finance may be. Believe that it’s easier to earn, knowing potential dangers and consequences.
CryptoBest.eu is not responsible for any losses related to the investment.
Advantages and disadvantages of Monfex
By many people, Monfex is considering as a quite good way to invest. And it concerns traders with any experience and newbies. What is appreciated by investors in detail?
- a wide range of trading pairs to choose
- more than 200 instruments to use
- longs and shorts with the leverage up to 400X
- 0% commissions and low spreads
- daily analyses of markets
- a lot of educational materials for users – including Trading Academy and webinars
- step-by-step guides to newbies and free trading courses
- 24/7 support
- access to the community of experienced traders
- having a personal account manager.
The platform has more advantages than disadvantages, but not all users are satisfied with their results. It may be caused by many factors, for instance taking a too high risk. Always remember that it’s impossible to win all the time – and it concerns also trading.
Monfex contact details
|Address||Beachmont, Kingstown, St. Vincent & Grenadines|
|Phone number||+44 1992 9406 79|
Monfex FAQ for users
What are the most frequently asked questions? Familiarise with a short Monfex FAQ!
Using Monfex, you can feel protected. The platform offers the best cyber-security measures available to ensure that customers assets and funds are strictly protected. What’s more, every user can protect their account additionally with things such as Two-factor authenticator provided by Google and determining a strong password with special characters.
To open Monfex account, users need only a while and basic details such as name or email address. The whole procedure may be completed very quickly if you can connect your device with the internet.
Your profits are an individual matter, and nobody can estimate them. Earnings depend on the level of experience, taken risk or amount of deposit. You must always remember that every investment involves risk. It’s only your decision if you take it.