ANSWER Dear Investor,
MondFX is not a trustworthy platform, as it lacks any valid proof of regulation.
The platform claims to be "registered and licensed", and provides a license number for its entity, Mond Trades Ltd. However, this number is actually a corporate registration with the Saint Lucia International Financial Centre (IFC). While we did locate this entity in the Saint Lucia IFC registry, it is crucial to understand that this is merely proof of being registered as an International Business Company (IBC), not evidence of holding a financial license. The Saint Lucia IFC does not have the authority to regulate forex trading, nor does it grant licenses to forex brokers.
Therefore, this broker appears to be deliberately misleading investors. In reality, it operates without any genuine regulation or valid licenses. We strongly advise you not to make any investments on this platform.
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