Warning: Is Monextrade a Scam?

Is Monextrade (monextrade.pro) a Scam?

We audited Monextrade (monextrade.pro) and found disturbing facts.

Monextrade appears to be a financial firm, but it appears currently not authorized by any credible financial regulator, such as the FCA or SEC.

Have You Lost Funds to Monextrade?

If you think you were scammed by Monextrade, act now. Submit the inquiry below to consult our investigative team for a no-obligation assessment.

Regulatory Check: Monextrade

Monextrade operates without supervision.

Trading with unlicensed entities is very risky. Real firms are always licensed with agencies like the FCA, CySEC, or CFTC to protect investors.

Monextrade operates without this supervision. This means there is no safety net if they withhold your money. Most online scams involve unregulated actors, and getting back money from them is hard without professional help.

For example, in the UK, unauthorized firms are outside the jurisdiction of the Financial Ombudsman. In America, they are not part of SIPC, so your money is at risk.

Common Scam Tactics

Investment fraud is evolving. Criminals use manipulation to take your savings. Here are typical tactics used by sites similar to Monextrade (monextrade.pro).

Pig Butchering & Romance Scams

"Pig Butchering" is a cruel method where scammers build trust over months. They fake a romance online. Once trust is built, they mention a "lucrative" crypto opportunity. It's a trap to lure you onto a scam site .

The "Bonus" Trap

Scammers build websites that look exactly like legit trading apps. They have charts and balances that increase. But it is a fake. The scammer controls the numbers to make you feel rich so you invest more. When you try to withdraw, the "profits" disappear.

Red Flags

• Cold Calling: You get calls from "brokers" out of the blue.
• No License: The firm has no legal registration.
• Guaranteed Profits: They promise 1% daily returns with no risk.
• Withdrawal Issues: They refuse withdrawals. They demand "tax fees" first.
• Pressure Tactics: "Account managers" push you to invest bigger amounts.

Ignore fake reviews. Scammers frequently write their own positive comments to appear real.

Final Thoughts

Monextrade is unsafe. It is likely a fraud. Save your funds and find a regulated broker. Avoid monextrade.pro at all costs.