FSA — Australia
MONEX, Inc
Licence
monexfx Review — Overview
Regulation
Tier-1 regulated
Licence
FSA
Licence status
Active
Instruments
2, 000+ CFDs on stocks, commodities, indices
Typical spread
From 0.2 pips (trading between 1,000 to 10,000 currency units)
Operating
5-10 years
Entity
MONEX, Inc
Website
Unknown
monexfx is a forex & CFD broker based in Australia, operating for 5-10 years. On Trust Broker Hub it holds a Trust Score of 4.5 out of 10, which we rate as Fair — above the industry average of 3.3/10. Mixed profile — check regulation and conditions before depositing.
Crucially, monexfx is regulated by FSA, including at least one tier-1 regulator. Tier-1 regulation is the strongest sign of legitimacy: it normally requires segregated client funds, regular audits and access to a compensation scheme if the broker fails — meaningful protection for your money.
monexfx provides access to 2, 000+ CFDs on stocks, commodities, indices. Its detailed trading conditions — minimum deposit, spreads and maximum leverage — are not publicly disclosed, which lowers transparency. No complaints are currently on record. Overall, monexfx has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?Trust Score history
monexfx currently scores 4.5/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Regulated by a tier-1 authority
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Trading conditions and fees not publicly disclosed
- Always verify the licence directly before depositing
Regulation
Tier 1 · Top
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | 2, 000+ CFDs on stocks, commodities, indices |
| Minimum deposit | Not disclosed |
| Maximum leverage | Not disclosed |
| Typical spread | From 0.2 pips (trading between 1,000 to 10,000 currency units) |
| Platforms | Not disclosed |
| Demo account | ❌ |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on monexfx
Our analysis · editorial
4.5/10
A mixed risk profile
monexfx holds a tier-1 regulatory licence (FSA). It is based in Australia. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 4.5/10 — a mixed profile.
Strengths
- Authorised by a tier-1 regulator (FSA)
- No complaints on record with us
Watch-outs
- Always confirm the licensed entity covers traders in your country
Bottom line: Proceed with caution: start with a small deposit and test a withdrawal early.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
monexfx — Questions & Answers
Log in to ask a question about monexfx.
No questions yet about monexfx. Be the first to ask — answers from the community and our team help every trader.
Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag monexfx here if that changes.
Full specifications
Regulated region
Australia
Operating period
5-10 years
Instruments
2, 000+ CFDs on stocks, commodities, indices
Frequently asked
Is monexfx a safe broker?
monexfx scores 4.5 / 10 on our Trust Score, above the 3.3 industry average. It holds tier-1 regulation, which offers strong investor protection. It has no complaints on record. Trade only with funds you can afford to lose.
How is the monexfx trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from monexfx?
monexfx doesn't publish detailed withdrawal terms, so we can't verify processing times or fees. Test with a small amount first and document every transaction.