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/10

Monecor

Germany|2-5 years|
Suspicious Scope of Business|Suspicious Overrun|High potential risk|

https://monecorlimited.com/

Website

Rating Index

Contact

+49 30520077630
support@monecorlimited.com
https://monecorlimited.com/
Deutschland Frankfurt, Schillerstr 15-17, 60313 Frankfurt/Main
Warning: Low score, please stay away! 7
Previous Detection : 2024-07-03
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The United KingdomFCA regulation (license number: 186171) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The CyprusCYSEC regulation (license number: 259/14) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The Cayman IslandsCIMA regulation (license number: 1442313) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The United Arab EmiratesDFSA regulation (license number: F000048) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The Cayman Islands CIMA regulation with license number: 1442313 is an offshore regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Monecor · WikiFX Survey

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Monecor · Company Summary

Basic Information
Registered Countries Germany
Regulation Suspected Fake Clone
Minimum Deposit N/A
Maximum Leverage N/A
Minimum Spread N/A
Trading Platform N/A
Trading Assets Not Specified
Payment Methods N/A
Customer Support Telephone, Email

General Information

Registered in Germany, this fake Monecor is quite light on details of what products and services it provides, and we were unable to obtain much relevant information about it.

This Monecor is suspected to be a clone broker and it has been verified that it is not authorized or regulated by any regulatory authority. and that‘s why it has been marked as “Suspected Fake Clone” on the WikiFX official website. Please be aware of the risk and don’t trade with it easily.

wikifx-score

Customer Support

Clients can get in touch with Monecor Limited through the following contact channels:

Telephone: +49 30520077630

Email: support@monecorlimited.com

Company Address: Deutschland Frankfurt, Schillerstr 15-17, 60313 Frankfurt/Main

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Pros Cons
None No regulation
Insufficient company information
Fake broker

Frequently Asked Questions

Where was Monecor registered?

Monecor was registered in Germany.

Is Monecor Limited regulated?

No, Monecor Limited is not regulated.

How can I contact Monecor Limited?

Monecor Limited can be contacted through phone calls or sending an email.

Broker Information

Company Name

Monecor Limited

Company Abbreviation

Monecor

Regulatory Status

Suspicious Clone

Platform registered country and region

Germany

Company website
Type of License

Description of Approved License Type

Type I

The financial instrument business deals with highly liquid securities and provides derivative transactions, which have characteristics.

As mentioned above, the main business content of the first type of financial instrument business operators can be roughly summarized as securities business (securities, securities CFD, etc.), financial futures business (FX), derivative trading business related to cryptocurrencies, securities management, etc. The work can be divided into four categories.

Type II

The financial instrument business basically refers to funds (shares of collective investment plans), trust beneficiary rights with lower liquidity, that is, financial instrument transactions excluding major securities such as stocks and corporate bonds. These are referred to as "equivalent securities" in the various items listed in the second paragraph of Article 2 of this Sale Business Law (hereinafter referred to as "equivalent securities").

In addition, the self-issuance (private placement and public offering) of certain securities such as investment trust beneficiary rights that are not regarded as securities, currency-related market derivative transactions, etc. are also positioned as Type II financial instrument business.

Phone of the company
  • +49 30520077630

Twitter

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Facebook

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Instagram

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YouTube

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Company address
  • Deutschland Frankfurt, Schillerstr 15-17, 60313 Frankfurt/Main

Linkedin

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WhatsApp

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QQ

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WeChat

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Customer Service Email Address
  • support@monecorlimited.com

Company Summary

User Reviews

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User comment

2

Comments

Write a review

FX1123415302
more than one year
Every good review was from traders who just opened a trading account. No one was happy after a few months because once you invest your money in this platform, you will never see them again!
2022-12-10 22:18
Reply
0
0
FX1109763669
more than one year
Trust me, another liar. Bonus can only be withdrawn after meeting high minimum traded volume requirements-25 times the bonus amount plus the deposit. They are typical liars, and this is their typical scam trap.
2022-12-05 18:57
Reply
0
0
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