Monafoli Review : Fees, Pros and Cons, Reviews by Real Traders

Monafoli

Operating status: SCAM

Website: https://www.monafoli.net/

Broker violations and abnormal records

Jan 05, 2023 The UK FCA Added Monafoli into Its Warnings
On 6 Jan 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Monafoli may be providing financial services or products in the UK without authorization. You may visit: https://www.fca.org.uk/news/warnings/monafoli

On 6 Jan 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Monafoli may be providing financial services or products in the UK without authorization. You may visit: https://www.fca.org.uk/news/warnings/monafoli
Jan 09, 2023 BrokersView has Reviewed that Monafoli is an Unregulated Forex Broker
Monafoli claims to be a reliable broker while presenting no details about its regulations. Lacking regulatory information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here.
Besides, the broker shows its company address is in the United Kingdom. As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (FCA). However, when we searched in FCA, we only found a warning against this scam issued by the regulator. FCA warned that Monafoli may be providing financial services or products in the UK without authorization.
The truth is, Monafoli is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It may be a scam.

Monafoli claims to be a reliable broker while presenting no details about its regulations. Lacking regulatory information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here.Besides, the broker shows its company address is in the United Kingdom. As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (FCA). However, when we searched in FCA, we only found a warning against this scam issued by the regulator. FCA warned that Monafoli may be providing financial services or products in the UK without authorization.The truth is, Monafoli is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It may be a scam.
Oct 08, 2025 BrokersView has identified that Monafoli's website is currently offline
BrokersView found that the domain "https://www.monafoli.net/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

BrokersView found that the domain "https://www.monafoli.net/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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