Regarding the legitimacy of MoneoTrade forex brokers, it provides CYSEC and WikiBit, (also has a graphic survey regarding security).
Is MoneoTrade safe?
Rating Index
Business
License
CYSEC Revoked 
Is MoneoTrade markets regulated?
The regulatory license is the strongest proof.
CYSEC Market Maker (MM)
Cyprus Securities and Exchange Commission
Cyprus Securities and Exchange Commission
Current Status:
RevokedLicense Type:
Market Maker (MM)
Licensed Entity:
AMFF Ltd
Effective Date:
2014-07-01Email Address of Licensed Institution:
compliance@amffltd.com53748:
No SharingWebsite of Licensed Institution:
www.moneotrade.com， www.faceoption.com， www.chartoption.comExpiration Time:
--Address of Licensed Institution:
15 GriGori AFxenTiou STr., 1sT Floor, OFFice 105, Mesa GeiTonia, 4003, LiMassolPhone Number of Licensed Institution:
35725334323Licensed Institution Certified Documents:
MoneoTrade Similar Brokers Safe
Whether it is a legitimate broker to see if the market is regulated; start investing in Forex App whether it is safe or a scam, check whether there is a license.
MoneoTrade latest industry rating score is 1.55, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. 1.55 If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.