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M

Monex

Forex Brokers
www.monex.com San Francisco, USA Founded 2001 501-1000 employees
35
Poor

Trust Score

3.6(33 reviews)

Professional forex trading environment with institutional liquidity, fast execution, and dedicated account management....

Reviews (33)

Filter:
1.0
in 8 months

Deeply regret using this service

Scam alert. Promised features that don't exist, fees much higher than advertised, and now they're making it impossible to withdraw my funds. I've reported them to the relevant financial authorities. Stay away.

✓ Pros

Nothing positive to report

✗ Cons

Security concerns

Used for: 2-3 years

Gregory Durand
Gregory Durand
Contributor19 reviews
1.0
in 5 months

Terrible experience, avoid!

KYC VerifiedVerified

Complete disaster. Lost money due to what appears to be a technical error on their side and they refuse to take responsibility. Support is useless, the platform is unreliable, and I strongly advise everyone to stay away.

✗ Cons

Withdrawal issues

Used for: 1-2 years

David Anderson
David Anderson
Active19 reviews
3.0
in 5 months

Average experience overall

Middle of the road. Works as advertised for the most part. Had one issue with an account verification that took several days to resolve. The platform itself is functional but lacks the polish of top-tier competitors.

✓ Pros

Acceptable pricing

✗ Cons

Fees could be lower

Used for: 1-2 years

Ming Oliveira
Ming Oliveira
Active22 reviews
2.0
in 4 months

Not worth the hassle

KYC VerifiedVerified

Not worth the hassle. Too many problems with basic functionality. The mobile app crashes regularly, deposits take too long to process, and the support team seems overwhelmed. There are better options available.

✓ Pros

Competitive on some fees

Used for: 1-2 years

Martina Campbell
Martina Campbell
Active22 reviews
3.0
in 4 months

Mixed feelings about this service

Middle of the road. Works as advertised for the most part. Had one issue with an account verification that took several days to resolve. The platform itself is functional but lacks the polish of top-tier competitors.

✓ Pros

Reasonable security

✗ Cons

Mobile app needs work

Used for: 1-2 years

Ella Park
Ella Park
Contributor25 reviews
5.0
in 2 months

Incredible platform, love it

Exceptional service from day one. The onboarding process was smooth, verification was quick, and I was up and running within minutes. The platform's features are comprehensive and the execution speed is impressive. This …

✗ Cons

Could add more advanced features

Used for: 1-2 years

Deepa Li
Deepa Li
Contributor30 reviews
4.0
about 2 months ago

Solid performance overall

Very satisfied with my choice. The onboarding was straightforward, the platform is reliable, and I've had no major issues in six months of use. Customer support was helpful when I needed assistance with a withdrawal ques…

Used for: 6-12 months

Samuel Miller
Samuel Miller
Active23 reviews
3.0
3 months ago

Okay for basic needs

KYC VerifiedVerified

Average experience overall. Some things work well, others need improvement. The fees are reasonable but not the cheapest available. I'd say it's adequate for basic needs but power users will likely be frustrated.

✗ Cons

Verification process too slow

Used for: 2-3 years

Amelia Liu
Amelia Liu
Active18 reviews
5.0
3 months ago

Top-notch quality and reliability

KYC VerifiedVerified

Best decision I made was switching to this platform. The migration was seamless, the interface is far superior to what I was using before, and the fees are significantly lower. I only wish I had made the switch sooner.

✓ Pros

Fast execution

✗ Cons

Minor UI improvements possible

Used for: Less than 1 month

John Zhang
John Zhang
Active13 reviews
4.0
5 months ago

Good platform, would recommend

Very good experience overall. The platform is well-maintained and regularly updated with new features. Fees are transparent with no hidden charges. Slight delay in one withdrawal but it was resolved promptly.

✓ Pros

Fast transactions

Used for: Less than 1 month

Ashley Petit
Ashley Petit
Active22 reviews
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