Scam site Monstrade?

https://monstrade.com/

Dear Investor,

We are concerned that Monstrade is a scam.

The website doesn't disclose any licensing details to substantiate its legitimacy, indicating that it is likely not regulated. While it claims to be located in Macedonia, there are no indications that it is authorized there to carry out licensed activities.

Therefore, we strongly suggest you avoid using Monstrade due to its unregulated status. To have a safer trading environment, it is recommended to choose fully regulated brokers instead.