Reported as a scam / unregulated
Why Monex Markets is on the register
Monex Markets claims to be registered in the UK. However, while we did find a probably matching result in the official FCA register, the registered website domain associated with that licence does not match the website currently used by Monex Markets. Moreover, Monex Markets does not provide any additional verifiable licensing information or clarification regarding this discrepancy. Until the firm can demonstrate that its current website and operations are explicitly covered by a valid licence, we assess Monex Markets as likely unlicensed or potentially fraudulent. Therefore, Monex Markets appears to be a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.