Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators
TradeTimeAllWasted
Within 1 year

Is it possible to trade particular assets such as Gold (XAU/USD) and Crude Oil on Monex Europe?

Broker Issues
Monex Europe
Platform
Instruments
Account
Leverage
04-04
United States
WikiFX
Reply

As an experienced trader, I place personal emphasis on both the regulatory standing and product transparency of a broker before committing funds or executing trades. When reviewing Monex Europe, one of my foremost concerns is the lack of current, reputable regulation—their FCA UK license has been revoked, which immediately raises serious caution for any type of trading activity, especially with high-risk instruments like Gold (XAU/USD) or Crude Oil. In my experience, a revoked license means there are no oversight mechanisms in place to safeguard client interests. Evaluating their offering further, Monex Europe appears to primarily target corporate clients with spot FX, forwards, FX derivatives, and payment services, all across more than 60 currencies. However, there's a lack of explicit mention of access to trading physical commodities or their corresponding CFDs—particularly Gold or Crude Oil—on their listed platforms. While user feedback referenced gold transactions, my understanding is this reflects more on payment or hedging activity for businesses rather than availability of retail trading pairs like XAU/USD or WTI/Brent crude oil contracts. For someone like me, seeking reliable and transparent access to those asset classes, the absence of clear product information and the loss of regulatory oversight present too great a risk. Based on this, I would not recommend Monex Europe for trading Gold, Crude Oil, or similar assets.

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com