Company profile
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.Is Monafoli Legit? The unregulated Monafol will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.Downsides of MonafoliUnavailable 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. Currently, there is only one piece of Monafoli exposure in total. Exposure. Cannot withdrawClassificationUnable to WithdrawDate2022-07-04Post 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.
FX3464800242
Germany
For my long bets, I've been utilizing Monafoli as my secondary broker for the past 4 month. Spreads are small and deposits and executions happen quickly. However, they turn into the most troublesome and slowest broker ever when it comes to cashing out your money. After waiting for my withdrawal for three months, they refused to verify my account, forcing me to use the advisory services of Assetsclaimback/com. Had I relied on Monafoli, I would have been dumped this is not a firm you deal with with money.
Exposure
2022-07-04