MondFx Review 2026: Regulation, Safety, Policy

Is MondFx a scam?

Wikilix independent safety report

70%Scam risk

Likely scamConfidence: MEDIUM

2.0/5

We rate MondFx a likely scam, with a 70% risk score: it holds no financial licence, presents a Saint Lucia company number as a licence and sells fixed yields of up to 36% a year. No regulator or cour…

Risk scorecard · each area scored 0 (clean) to 10 (worst)

Regulation9/10 · CriticalIdentity & transparency6/10 · HighWithdrawals & conduct4/10 · ModerateReputation6/10 · HighWebsite claims9/10 · CriticalOperational history7/10 · High

Editorial review

Updated Oct 28, 2026

Broker Summary

What Wikilix has recorded about MondFx: its history, the licences it holds, its trading conditions and its fees.

MondFx Broker Overview

MondFx is the trading brand of Mond Trades Ltd, a company that, according to its website, is registered in Saint Lucia under number 2024-00109. The broker describes itself as an online forex and CFD broker, says it was established in 2022, and offers MetaTrader 5 and cTrader, eight account types with minimum deposits from $30 and leverage of up to 1:500. Funding runs through crypto, the TopChange wallet, an Iranian rial card gateway and the Spayz.io service for Nigeria, India and South Africa.

MondFx has a clear focus on Persian-speaking clients: its help centre is written in Persian, and the Persian version of its website presents MondFx as a forex broker for Iranians. The site is also published in English, Arabic, Hindi and Urdu. Alongside its trading accounts, it promotes FeneFx, a funded-trader challenge with allocations of up to $250,000, and MondBank, a set of yield plans.

Is MondFx Regulated?

MondFx claims to be licensed, but the licence number it gives, 2024-00109, is also the Saint Lucia registration number of its operating company, and a company registration is not financial regulation. Its website describes Mond Trades Ltd as a registered and licensed financial services entity with an approved and active status in Saint Lucia, and says the licence details and the registration certificate are available on request from its compliance team. The homepage also shows a badge titled 'Regulatory Supervision, Mauritius and Saint Lucia 2024' among its industry awards.

Is MondFx Safe?

MondFx's safety rests on a Saint Lucia company registration rather than a financial licence, and no investor compensation scheme is confirmed for its clients. Its own pages also disagree on points that matter, most clearly on negative balance protection: the homepage advertises it, while the account comparison table shows none on any account. Its restricted-countries notice excludes residents of Turkey and the United Arab Emirates, although the broker's phone and WhatsApp numbers are Turkish and it says it has offices in Istanbul and Dubai. The site also promotes MondBank yield plans advertised at up to 36% a year over three years.

MondFx Account Types

MondFx lists eight accounts. Nano is a cent account from $30, on which a $30 deposit shows as 3,000 cents; Standard starts at $100; Pro ECN, Crypto and MondShield at $500; ECN at $1,000; Islamic at $5,000; and VIP at $10,000. The seven accounts in the site's comparison table run on MetaTrader 5, and its menu also lists Pro ECN, ECN and Standard under cTrader. The homepage speaks of 10 account types, while the account pages describe these eight.

VIP adds a reduced per-lot commission that scales with monthly volume, a dedicated account manager and priority withdrawals, reviewed against trading activity. MondShield compensates part of a loss after a margin call, in real funds and on an approved request: cover starts at 30% and rises by 10 points every 30 trading days to 60% after 90 trading days, up to $5,000 per user, with a 30% trading bonus if the compensation stays in the account, while MondFx takes 15% of the profit when profits are withdrawn. The broker publishes no leverage, spread or commission for MondShield.

MondFx Spreads, Commissions and Fees

MondFx marks a commission on its VIP, Pro ECN, Standard, Crypto, Islamic and Nano accounts and none on ECN, but publishes no commission amounts; the Pro ECN guide describes a flat per-lot fee charged on both opening and closing a trade. Spreads start from 0.0 pips on VIP and Pro ECN and are described as low on Crypto and Islamic and as normal on Standard and Nano. Two accounts are described inconsistently: the Standard account card shows a commission while the Standard guide says all costs are built into the spread, and the ECN spread reads normal on the account page but raw on the homepage.

The Islamic account charges no swap, but a holding fee of $98 per lot applies from the sixth night; the account page counts positions open more than 5 business days, while clause 7.13 of the User Agreement says five calendar days. An inactivity fee of 3 USD a month applies after three months without activity, and the User Agreement allows balances of up to 2 EUR or USD on accounts closed or inactive for more than 90 days to be deducted and given to charity.

MondFx Leverage

Maximum leverage is 1:500 on VIP, Pro ECN, ECN, Standard and Nano, and 1:100 on Crypto and Islamic. The 1:500 is not flat: the broker's leverage schedule gives forex 1:500 only up to 2 lots of open volume, 1:300 from 2.01 to 4 lots and 1:100 above that, allows metals, indices and commodities 1:300 up to 2 lots and 1:100 beyond, and sets crypto and shares at 1:100. A leverage change is requested by ticket with no open positions, and the broker allows 48 hours for the review.

MondFx Trading Platforms

MondFx offers MetaTrader 5 for Windows, iOS and Android and in the browser at terminal.mondfx.com; the WebTrade option on its site opens the same MT5 web terminal. Its branded cTrader is available for Windows and macOS, as an Android app downloaded from the broker's own server rather than Google Play, and in the browser at app.mondfx.com; the platforms page lists no cTrader app for iOS. Copy trading, from $200 with trades copied on the MT5 server, and PAMM accounts, whose managers set their own minimums, fees and withdrawal terms, run through the social trading panel in the client area.

MondFx Deposits and Withdrawals

The funding page lists TopChange for Iranian rial or USDT, a direct gateway for bank-card payments in Iranian rial, Spayz.io for payments in Nigerian naira, Indian rupees and South African rand, and crypto deposits in Bitcoin, Ether and USDT on the TRC20, ERC20 and BEP20 networks. Withdrawal routes are narrower: the help centre names only USDT on TRC20 or BEP20 and TopChange. Payments must come from and go to the client's own accounts, and the methods available can differ by country of residence.

MondFx says withdrawal requests are processed on Sunday from 09:30 to 14:30 and Monday to Friday from 09:30 to 17:30 (GMT+3), typically in under 15 minutes and within about 2 hours, which is the time to process a request rather than for the money to arrive; its help centre gives Sunday to Friday 10:00 to 18:00 instead, with no time zone. The broker says it charges no internal deposit or withdrawal fees, although network fees may apply, but clause 7.8 of its User Agreement lets it charge the deposit fees incurred, or up to 7% of the amount, when a withdrawal follows a deposit without trading or in cases of abuse. No deposit or withdrawal limits are published; the broker says they depend on the method and account type and appear in the client dashboard.

MondFx Support

MondFx offers support by phone on +90 212 916 3535, by WhatsApp on +90 501 600 4887, by email at info@mondfx.com and support@mondfx.com, by live chat and on Telegram. The homepage promises 24/7 support, while the live chat greeting gives staffed hours of Sunday to Friday 08:00 to 24:00 and Saturday 09:00 to 18:00, with no time zone stated, and an automated assistant outside them. Complaints are lodged through the Complaint form in the client account within 5 working days of the event, and the User Agreement says they are considered within 5 business days, a period that can be extended.

MondFx Pros and Cons

The main strengths are:

MetaTrader 5 and cTrader, both with browser versions
A low entry point with the $30 Nano cent account
A commission-free ECN account, and spreads from 0.0 pips on VIP and Pro ECN
Crypto and local-currency funding, including rial, naira, rupee and rand routes
Copy trading and PAMM accounts

The main drawbacks are:

The licence number it gives is its Saint Lucia company registration
No commission amounts are published
Its own pages contradict each other on negative balance protection, the Standard account's commission and support hours
Leverage falls as positions grow, and the Crypto and Islamic accounts stop at 1:100
Fewer withdrawal routes than deposit routes, and a possible charge of up to 7% on a withdrawal that follows a deposit without trading

MondFx Review and Assessment

MondFx is a Saint Lucia broker built around MetaTrader 5 and cTrader, low entry deposits and crypto and rial funding, with a clear focus on Persian-speaking traders. Its main weakness is regulatory, since the licence it presents is its company registration number. Before funding an account, the User Agreement's fee and withdrawal clauses deserve a careful read, because the broker's marketing pages and its account documents do not always say the same thing.

Spread check

Updated Oct 29, 2026

MondFx live spreads

MondFx's typical spread on EURUSD is 0.92 pips, measured on a real trading account. We read every price the broker sends and weight each spread by how long it actually held — across 10 instruments and 59.7M quotes so far.

Measured continuously

EURUSD typical spread0.92pipsmeasured as EURUSD.

UsualThe median. Half the time the spread was tighter than this, half the time wider.: 0.89 pips
Bad momentsThe 95th percentile. One reading in twenty was worse than this — the moments that cost you.: 1.02 pips
Best seenThe tightest spread recorded on this instrument.: 0.30 pips
Worst seenThe widest spread recorded, usually at the daily rollover or around news.: 9.60 pips

Spread over time

Tap an instrument to add it to the chart. Hover the lines for the exact reading at that moment.

pips

Above 1.50 pips the scale compresses, so one rollover window does not flatten the rest. The widest reading in view is 8.47 pips.

Every instrument we measure at MondFx. Spreads in pips, except gold, which is quoted in points.
Instrument	TypicalThe average spread, weighted by how long each one actually held rather than by how many quotes were sent. Read every 10 minutes.	UsualThe median: half the readings were tighter than this, half were wider.	Bad momentsThe 95th percentile — one reading in twenty was worse than this.	BestThe tightest reading recorded.	WorstThe widest reading recorded. Spreads usually widen at the daily rollover and around news.	QuotesHow many individual price updates from the broker these figures are built from. A bigger number means a steadier measurement.
EURUSDEURUSD.	0.92 pips	0.89	1.02The 95th percentile — one reading in twenty was worse than this. Widest at Oct 25, 21:30 UTC.	0.30Tightest at Sep 8, 06:20 UTC.	9.60Widest at Oct 25, 21:30 UTC.	4MFrom 7411 ten-minute windows that passed the completeness check.
GBPUSDGBPUSD.	1.14 pips	1.05	1.57The 95th percentile — one reading in twenty was worse than this. Widest at Oct 6, 21:30 UTC.	0.30Tightest at Sep 11, 02:30 UTC.	20.2Widest at Oct 6, 21:30 UTC.	6.4MFrom 7483 ten-minute windows that passed the completeness check.
USDJPYUSDJPY.	1.15 pips	1.09	1.48The 95th percentile — one reading in twenty was worse than this. Widest at Oct 4, 21:40 UTC.	0.30Tightest at Sep 8, 08:10 UTC.	17.7Widest at Oct 4, 21:40 UTC.	6.3MFrom 7465 ten-minute windows that passed the completeness check.
USDCHFUSDCHF.	1.15 pips	1.14	1.28The 95th percentile — one reading in twenty was worse than this. Widest at Sep 7, 15:10 UTC.	0.30Tightest at Sep 4, 23:00 UTC.	27.8Widest at Sep 7, 15:10 UTC.	3.2MFrom 7408 ten-minute windows that passed the completeness check.
USDCADUSDCAD.	1.05 pips	1.02	1.23The 95th percentile — one reading in twenty was worse than this. Widest at Oct 8, 21:30 UTC.	0.30Tightest at Sep 5, 11:40 UTC.	15.6Widest at Oct 8, 21:30 UTC.	3.6MFrom 7351 ten-minute windows that passed the completeness check.
AUDUSDAUDUSD.	0.96 pips	0.92	1.08The 95th percentile — one reading in twenty was worse than this. Widest at Oct 18, 22:00 UTC.	0.30Tightest at Sep 5, 06:50 UTC.	12.4Widest at Oct 18, 22:00 UTC.	3.5MFrom 7427 ten-minute windows that passed the completeness check.
NZDUSDNZDUSD.	1.01 pips	0.97	1.16The 95th percentile — one reading in twenty was worse than this. Widest at Sep 29, 21:40 UTC.	0.30Tightest at Sep 7, 18:40 UTC.	19.8Widest at Sep 29, 21:40 UTC.	3MFrom 7402 ten-minute windows that passed the completeness check.
EURGBPEURGBP.	1.10 pips	1.05	1.24The 95th percentile — one reading in twenty was worse than this. Widest at Sep 14, 15:30 UTC.	0.30Tightest at Sep 3, 11:30 UTC.	14.7Widest at Sep 14, 15:30 UTC.	4.1MFrom 7480 ten-minute windows that passed the completeness check.
EURJPYEURJPY.	1.59 pips	1.50	1.85The 95th percentile — one reading in twenty was worse than this. Widest at Oct 4, 21:30 UTC.	0.30Tightest at Sep 1, 05:50 UTC.	37.3Widest at Oct 4, 21:30 UTC.	8.5MFrom 7544 ten-minute windows that passed the completeness check.
XAUUSDXAUUSD.	23.9 points	24.1	25.0The 95th percentile — one reading in twenty was worse than this. Widest at Oct 15, 12:30 UTC.	17.4Tightest at Oct 26, 13:20 UTC.	524.6Widest at Oct 15, 12:30 UTC.	17MFrom 7094 ten-minute windows that passed the completeness check.

Show all 10 instrumentsShow fewer

Website archive

Captured Oct 23, 2026

Website snapshots

8 full-page captures of MondFx's own site, archived so what they said can still be read after the pages change.

8 pages

Homepage

Regulation & Legal Documents

User Agreement

Account Types

Deposits & Withdrawals

About MondFx

Contact

Campaigns & Bonuses

Regulation check

Regulatory Licenses

MondFx is listed with a tier-1 or tier-2 licence that we have not yet checked against the regulator's register. An unchecked licence is not a finding either way.

0 of 1 checked

Licences on record: 1
Confirmed on register: 0
Tier 1 or 2: 1
Offshore: 0

WIKILIX

Licence intelligence

The only licence on file

Licence Verification Record

Monetary Authority of Singapore No number recorded

Recorded from the firm's own disclosure. Not yet checked against the register.

Jurisdiction: Singapore
Authority strength: Tier 1
Licence type: Financial Service
Shown on the MondFx website: Not shown at last check

Not yet checked on the register

Client protection under this licence

No compensation schemeNo mandatory insurance (but strict fund segregation)
Complaints routeFIDReC
Maximum leverage1:20

These are the rules MAS sets for the firms it licenses. They are not a statement about how MondFx applies them, or about which of its companies would hold your account.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Open the MAS licence record About MAS

Trading accounts

Updated Oct 23, 2026

Account Types

8 account types on record. Minimum deposit from USD 30. Leverage up to 1:500.

8 account types

Account	Min Deposit	Max Leverage	Commission
VIPVIP	USD 10,000	1:500	Yes
Pro ECNPro ECN · ECN	USD 500	1:500	Yes, flat per-lot commission (amount not published)
ECNECN	USD 1,000	1:500	No commission
StandardStandard	USD 100	1:500	Yes on the accounts page; the Standard account guide says no separate commission (cost built into the spread)
CryptoCrypto · Crypto CFD	USD 500	1:100	yes
IslamicIslamic · Swap-Free	USD 5,000	1:100	yes
NanoNano · Cent	USD 30	1:500	yes
MondShieldStandard	USD 500	Not recorded	Not recorded

Client acceptance

Country availability

Where MondFx says it will and won't take clients

17 countries

Confirmed blocked

Named in the broker's own terms

USUnited StatesCUCubaMMMyanmarKPNorth KoreaTRTürkiyeAEUnited Arab EmiratesSDSudan

Covered by a parent block

Territories a blocked country carries with it

ASAmerican SamoaGUGuamMPNorthern Mariana IslandsPRPuerto RicoUMUnited States Minor Outlying IslandsVIVirgin Islands (U.S.)

Explicitly accepted

Named as accepted — not a full list of served markets

IRIranNGNigeriaINIndiaZASouth Africa

How we know — 10 sources

1Refused (the United States, Cuba, Myanmar, North Korea, Turkey, the UAE and Sudan): the Restricted regions section of the broker's legal documents page https://mondfx.com/legal-documents (last updated May 2026) says "MondFx services are not offered to citizens or residents of the following jurisdictions" and lists United States, Cuba, Myanmar, North Korea, Turkey, United Arab Emirates and Sudan. The sitewide footer repeats the same seven ("Mond Trades Ltd services are not provided to citizens/residents of ...") on the English, Arabic, Hindi, Persian and Urdu versions of https://mondfx.com/.
2The About page https://mondfx.com/about-us (and its ar, fa, hi and ur versions) gives a shorter list of five "sanctioned jurisdictions": United States, Cuba, Myanmar, North Korea and Sudan, without Turkey or the UAE. The more specific, dated legal documents page and the footer on every page name both, so Turkey and the UAE are refused.
3Dependent territories (American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, the US Minor Outlying Islands and the US Virgin Islands): the broker names the United States and says nothing about its territories, so the US block covers them.
4General wording is not expanded into countries: the footer says services are not intended for anyone "in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations", and the About page says MondFx "does not offer services in any country where forex trading is prohibited". Neither names a country.
5Accepted, Iran: the broker's article https://mondfx.com/mondfx-broker-serves-iranians is titled "MondFX: A Broker That Caters to Iranian Traders", calls MondFX "an ideal choice for traders in Iran" and offers "Rial deposits and withdrawals for Iranian users". The Persian site https://mondfx.com/fa is titled "بروکر فارکس برای ایرانیان" (forex broker for Iranians), and https://mondfx.com/deposit-withdraw lists a Direct Rial Payment Gateway (IRR, bank card) and TopChange (IRR, USDT). Iran appears on none of the broker's restricted lists.
6Accepted, Nigeria, India and South Africa: the funding page https://mondfx.com/deposit-withdraw offers "Local-currency payments from Nigeria, India and South Africa through Spayz.io" (NGN, INR, ZAR), and its Persian version https://mondfx.com/fa/deposit-withdraw says the same. These rest on the funding page, not on a registration country list.
7Registration form: https://my.mondfx.com/sign-up (and the Persian flow at https://my.mondfx.com/fa/sign-up) asks for an email, a name, an optional phone number and a password, with no country-of-residence field. Its only country control is the optional phone dial-code picker. That picker's 190-entry list, in https://my.mondfx.com/_next/static/chunks/9775-9cce59fb5a04b659.js, omits the United States, North Korea, South Korea and Cote d'Ivoire but includes Cuba, Myanmar, Turkey, the United Arab Emirates and Sudan. It is not an onboarding list, so it does not override the published restrictions.
8The User Agreement https://mondfx.com/user-agreement names no country. Its definition of Client excludes "citizens or legal entities of the countries where MondFx service is not offered", which points to the Restricted regions list, and clause 8.7 says payment-system availability "may differ depending on country of residence".
9The broker publishes no separate countries page or FAQ: /restricted-countries, /prohibited-countries, /accepted-countries, /where-we-operate, /faq, /help and /help-center do not exist on mondfx.com (not-found page, also behind the /en/ prefix). The KYC/AML policy https://mondfx.com/kyc-aml, the AML rules guide https://mondfx.com/broker-training/anti-money-laundering-rules and the partnership page https://mondfx.com/ib-plan carry no country list.
10The legal documents page https://mondfx.com/legal-documents gives a Turkish phone number (+90 212 916 3535) and an operations office in Dubai (Iris Bay Tower, Business Bay), although the broker names Turkey and the UAE as restricted. The restriction is recorded as the broker states it.

Deposits & withdrawals

Funding Methods

8 ways to fund an account. One credits instantly.

8 methods

Method	Deposit fee	Withdrawal fee	Min deposit	Withdrawal min / max	Processing
TopChangeE-Wallet Funding page card: 'TopChange, IRR · USDT, Within minutes: Deposit and withdraw in rial or USDT through your TopChange wallet.' The help centre lists TopChange for deposits and withdrawals; Broker Training has guides to rial deposits through the TopChange (TC Pay) gateway and to TopChange withdrawals. Deposits: within minutes. Withdrawals: requests are processed Sunday 09:30-14:30 and Monday to Friday 09:30-17:30 (GMT+3), typically in under 15 minutes and within about 2 hours at most, the time to process the request rather than for the money to arrive; requests after the cut-off wait until 09:30 the next business morning (funding page and the FAQ 'How long do withdrawals take?'). The help centre says Sunday to Friday 10:00-18:00 with no time zone, within 15 minutes at most. Stored time is the longest stated, about 2 hours. Fees: the funding FAQ says MondFx charges no additional internal fees but network or blockchain fees may apply. User Agreement clause 7.8 reserves the right to charge the deposit fees incurred, or up to 7% of the withdrawal amount, when a withdrawal follows a deposit with no trading or on other abuse. So no fee can be stated. Limits: none published; the FAQ says they depend on the method and account type and are shown in the client dashboard. Payments must come from and go to the client's own accounts; third-party deposits and withdrawals are prohibited (Broker Training, Anti-Money Laundering Rules). Availability can differ by country of residence and is shown in the MondFx client account (User Agreement 8.7).	Not recorded	Not recorded	Not recorded	Not recordedNot recorded	Up to 2 hours
Direct Rial Payment GatewayDebit Card Funding page card: 'Direct Rial Payment Gateway, IRR · Bank card, Instant: Pay by bank card through the direct rial gateway; funds are credited as soon as the payment is confirmed.' Deposit only: the help centre lists the rial gateway among deposit methods, but its withdrawal article names only USDT (TRC20, BEP20) and TopChange, so no withdrawal figures are given. The help centre says the client's account details must be complete and the bank card must be in the account holder's name; rial deposits are made from the Deposit section of the client panel ('Rial deposit'). Fees: the funding FAQ says MondFx charges no additional internal fees but network or blockchain fees may apply. User Agreement clause 7.8 reserves the right to charge the deposit fees incurred, or up to 7% of the withdrawal amount, when a withdrawal follows a deposit with no trading or on other abuse. So no fee can be stated. Limits: none published; the FAQ says they depend on the method and account type and are shown in the client dashboard. Payments must come from and go to the client's own accounts; third-party deposits and withdrawals are prohibited (Broker Training, Anti-Money Laundering Rules). Availability can differ by country of residence and is shown in the MondFx client account (User Agreement 8.7).	Not recorded	Not recorded	Not recorded	Not recordedNot recorded	Instant
Spayz.ioOther Funding page card: 'Spayz.io, NGN · INR · ZAR, Within minutes: Local-currency payments from Nigeria, India and South Africa through Spayz.io.' The page does not say which payment instruments Spayz.io offers or whether withdrawals can be paid out through it, and the help centre's deposit and withdrawal articles do not mention Spayz.io. The broker gives the time in minutes, so it is shown as 1 hour. Withdrawal requests of any method are processed within about 2 hours in operating hours (funding page). Fees: the funding FAQ says MondFx charges no additional internal fees but network or blockchain fees may apply. User Agreement clause 7.8 reserves the right to charge the deposit fees incurred, or up to 7% of the withdrawal amount, when a withdrawal follows a deposit with no trading or on other abuse. So no fee can be stated. Limits: none published; the FAQ says they depend on the method and account type and are shown in the client dashboard. Payments must come from and go to the client's own accounts; third-party deposits and withdrawals are prohibited (Broker Training, Anti-Money Laundering Rules). Availability can differ by country of residence and is shown in the MondFx client account (User Agreement 8.7).	Not recorded	Not recorded	Not recorded	Not recordedNot recorded	Up to 1 hour
USDT (TRC20)Cryptocurrency Funding page crypto card: 'Crypto, BTC · USDT · ETH, ~10 min: Deposit BTC, ETH and USDT over the TRC20, ERC20 and BEP20 networks', network list 'USDT, Tron · TRC20'. The help centre lists USDT on TRC20 for deposits and withdrawals. Deposits are usually credited in about 10 minutes after network confirmation; Broker Training (Deposit Processing Time) asks clients to choose the correct network and copy the wallet address accurately. Withdrawals: requests are processed Sunday 09:30-14:30 and Monday to Friday 09:30-17:30 (GMT+3), typically in under 15 minutes and within about 2 hours at most, the time to process the request rather than for the money to arrive; requests after the cut-off wait until 09:30 the next business morning (funding page and the FAQ 'How long do withdrawals take?'). The help centre says Sunday to Friday 10:00-18:00 with no time zone, within 15 minutes at most. Stored time is the longest stated, about 2 hours. Fees: the funding FAQ says MondFx charges no additional internal fees but network or blockchain fees may apply. User Agreement clause 7.8 reserves the right to charge the deposit fees incurred, or up to 7% of the withdrawal amount, when a withdrawal follows a deposit with no trading or on other abuse. So no fee can be stated. Limits: none published; the FAQ says they depend on the method and account type and are shown in the client dashboard. Payments must come from and go to the client's own accounts; third-party deposits and withdrawals are prohibited (Broker Training, Anti-Money Laundering Rules). Availability can differ by country of residence and is shown in the MondFx client account (User Agreement 8.7).	Not recorded	Not recorded	Not recorded	Not recordedNot recorded	Up to 2 hours
USDT (BEP20)Cryptocurrency Funding page crypto card: 'Crypto, BTC · USDT · ETH, ~10 min: Deposit BTC, ETH and USDT over the TRC20, ERC20 and BEP20 networks', network list 'USDT, BNB Smart Chain · BEP20'. The help centre lists USDT on BEP20 for deposits and withdrawals. Deposits are usually credited in about 10 minutes after network confirmation; Broker Training (Deposit Processing Time) asks clients to choose the correct network and copy the wallet address accurately. Withdrawals: requests are processed Sunday 09:30-14:30 and Monday to Friday 09:30-17:30 (GMT+3), typically in under 15 minutes and within about 2 hours at most, the time to process the request rather than for the money to arrive; requests after the cut-off wait until 09:30 the next business morning (funding page and the FAQ 'How long do withdrawals take?'). The help centre says Sunday to Friday 10:00-18:00 with no time zone, within 15 minutes at most. Stored time is the longest stated, about 2 hours. Fees: the funding FAQ says MondFx charges no additional internal fees but network or blockchain fees may apply. User Agreement clause 7.8 reserves the right to charge the deposit fees incurred, or up to 7% of the withdrawal amount, when a withdrawal follows a deposit with no trading or on other abuse. So no fee can be stated. Limits: none published; the FAQ says they depend on the method and account type and are shown in the client dashboard. Payments must come from and go to the client's own accounts; third-party deposits and withdrawals are prohibited (Broker Training, Anti-Money Laundering Rules). Availability can differ by country of residence and is shown in the MondFx client account (User Agreement 8.7).	Not recorded	Not recorded	Not recorded	Not recordedNot recorded	Up to 2 hours
USDT (ERC20)Cryptocurrency Funding page crypto card: 'Crypto, BTC · USDT · ETH, ~10 min: Deposit BTC, ETH and USDT over the TRC20, ERC20 and BEP20 networks', network list 'USDT, Ethereum · ERC20'. Listed for deposits only: the help centre's deposit and withdrawal articles name only TRC20 and BEP20 for USDT, so withdrawal over ERC20 is not confirmed and no withdrawal figures are given. Deposits are usually credited in about 10 minutes; the broker gives the time in minutes, so it is shown as 1 hour. Fees: the funding FAQ says MondFx charges no additional internal fees but network or blockchain fees may apply. User Agreement clause 7.8 reserves the right to charge the deposit fees incurred, or up to 7% of the withdrawal amount, when a withdrawal follows a deposit with no trading or on other abuse. So no fee can be stated. Limits: none published; the FAQ says they depend on the method and account type and are shown in the client dashboard. Payments must come from and go to the client's own accounts; third-party deposits and withdrawals are prohibited (Broker Training, Anti-Money Laundering Rules). Availability can differ by country of residence and is shown in the MondFx client account (User Agreement 8.7).	Not recorded	Not recorded	Not recorded	Not recordedNot recorded	Up to 1 hour
Bitcoin (BTC)Cryptocurrency Funding page crypto card: 'Crypto, BTC · USDT · ETH, ~10 min: Deposit BTC, ETH and USDT over the TRC20, ERC20 and BEP20 networks', network list 'BTC, Bitcoin network'. Listed for deposits only: the help centre's deposit and withdrawal articles name only USDT on TRC20 and BEP20 for crypto, so BTC withdrawal is not confirmed and no withdrawal figures are given. Deposits are usually credited in about 10 minutes; the broker gives the time in minutes, so it is shown as 1 hour. Fees: the funding FAQ says MondFx charges no additional internal fees but network or blockchain fees may apply. User Agreement clause 7.8 reserves the right to charge the deposit fees incurred, or up to 7% of the withdrawal amount, when a withdrawal follows a deposit with no trading or on other abuse. So no fee can be stated. Limits: none published; the FAQ says they depend on the method and account type and are shown in the client dashboard. Payments must come from and go to the client's own accounts; third-party deposits and withdrawals are prohibited (Broker Training, Anti-Money Laundering Rules). Availability can differ by country of residence and is shown in the MondFx client account (User Agreement 8.7).	Not recorded	Not recorded	Not recorded	Not recordedNot recorded	Up to 1 hour
Ethereum (ETH)Cryptocurrency Funding page crypto card: 'Crypto, BTC · USDT · ETH, ~10 min: Deposit BTC, ETH and USDT over the TRC20, ERC20 and BEP20 networks', network list 'ETH, Ethereum network'. Listed for deposits only: the help centre's deposit and withdrawal articles name only USDT on TRC20 and BEP20 for crypto, so ETH withdrawal is not confirmed and no withdrawal figures are given. Deposits are usually credited in about 10 minutes; the broker gives the time in minutes, so it is shown as 1 hour. Fees: the funding FAQ says MondFx charges no additional internal fees but network or blockchain fees may apply. User Agreement clause 7.8 reserves the right to charge the deposit fees incurred, or up to 7% of the withdrawal amount, when a withdrawal follows a deposit with no trading or on other abuse. So no fee can be stated. Limits: none published; the FAQ says they depend on the method and account type and are shown in the client dashboard. Payments must come from and go to the client's own accounts; third-party deposits and withdrawals are prohibited (Broker Training, Anti-Money Laundering Rules). Availability can differ by country of residence and is shown in the MondFx client account (User Agreement 8.7).	Not recorded	Not recorded	Not recorded	Not recordedNot recorded	Up to 1 hour

Trading software

Trading Platforms

3 trading platforms on record: MetaTrader 5, cTrader and Proprietary platform.

3 platforms

MetaTrader 5
by MetaQuotes Software Corpsince 2010Developer site
MT5 on server Mondtrades-Server: Windows installer, iOS and Android via MetaQuotes links, and a browser terminal at terminal.mondfx.com that the site also presents as WebTrader. The accounts page lists MT5 for all seven tiers.
Runs on
- Windows
- Web
- Android
- iOS
Download
Details
cTrader
by Spotware Systems Ltdsince 2011Developer site
MondFx-branded cTrader: Windows and macOS installers, cTrader Web at app.mondfx.com, and an Android APK from storage.mondfx.com (no Google Play link); no iOS build is listed. The Accounts menu lists Pro ECN, ECN and Standard for cTrader.
Runs on
- Windows
- Mac
- Web
- Android
Download
Details
Proprietary platform
Proprietary platform
MondFx Social Trading: copy trading (from $200, copied server-side on MT5) and PAMM funds, used through the social trading panel in the MondFx client area. No separate app or download is listed.
Details

Websites

Global Domains

4 domains on record. All active and served over HTTPS.

4 domains

mondfx.comMain siteActiveHTTPS
my.mondfx.comClient portalActiveHTTPS
terminal.mondfx.comWeb terminalActiveHTTPS
app.mondfx.comWeb terminalActiveHTTPS

Legal entities

Corporate Network

One legal entity behind the MondFx brand.

1 entity

Mond Trades Ltd.ActiveSaint LuciaRegistration 2024-00109Established Feb 19, 2024

Company registry check

Checked Oct 23, 2026

Company Registration

MondFx names Mond Trades Ltd. as the operating company. We could not confirm that registration on the registry.

Not confirmed on registry

Legal entity: Mond Trades Ltd.
Registration number: 2024-00109
Jurisdiction: Saint Lucia
Registry: Saint Lucia Registry of International Business Companies (Pinnacle St. Lucia)
Registered address: Ground Floor, The Sotheby Building, Rodney Bay, Saint Lucia

Peer comparison

Brokers worth comparing

4 other brokers on the record share what MondFx offers — its country, regulator, account types or platforms — set beside it on the same measures.

4 peers

MondFx
This recordSaint Lucia · since 2024· Mond Trades Ltd.Wikilix score 35.0RegulationRegulatedMASMax leverage1:500Platforms3Licences1
FINOWIZ
Saint Lucia · since 2020· Finowiz Fintech LimitedWikilix score 34.0RegulationRegulatedFinCENMax leverage1:500Platforms1Licences1
KGI SECURITIES
Singapore · since 1955· KGI Securities (Singapore) Pte. Ltd.Wikilix score 43.0RegulationRegulatedMASMax leverage1:100PlatformsNot recordedLicences1
Moneyplant FX
Comoros · since 2024· Moneyplant FX LTDWikilix score 35.0RegulationOffshoreMISAMax leverage1:500Platforms1Licences1
AIMS
Malaysia · since 2015· Auric International Markets LimitedWikilix score 35.0RegulationRegulatedASICMax leverage1:500Platforms2Licences3

Frequently Asked Questions

Common questions about MondFx

Can't find what you're looking for?

Our support team is here to help you get the answers you need.

Comments

Share your thoughts and experiences with MondFx

MondFx

Trading Conditions

Official website

Funding Methods

TopChange

Direct Rial Payment Gateway

Spayz.io

USDT (TRC20)

USDT (BEP20)

USDT (ERC20)

Bitcoin (BTC)

Ethereum (ETH)

Trust rating

Regulation

What we checked

What this measures

Identity

What we checked

What this measures

Client terms

What we checked

What this measures

Trading offer

What we checked

What this measures

Service

What we checked

What this measures

Regulatory Licenses

Company Information

Customer Support

Is MondFx a scam?

MondFx Broker Overview

Is MondFx Regulated?

Is MondFx Safe?

MondFx Account Types

MondFx Spreads, Commissions and Fees

MondFx Leverage

MondFx Trading Platforms

MondFx Deposits and Withdrawals

MondFx Support

MondFx Pros and Cons

MondFx Review and Assessment

Spread over time

Monetary Authority of Singapore No number recorded

Client protection under this licence

MetaTrader 5

Runs on

cTrader

Runs on

Proprietary platform

MondFx

FINOWIZ

KGI SECURITIES

Moneyplant FX

AIMS

Frequently Asked Questions

How do I make a complaint to MondFx?

Which countries does MondFx not accept clients from?

Does MondFx offer copy trading?

What is MondFx's MondShield account?

Does MondFx offer negative balance protection?

Does MondFx offer an Islamic swap-free account?

How long do MondFx withdrawals take?

How can I deposit and withdraw money with MondFx?

What can I trade with MondFx?

Does MondFx charge deposit or withdrawal fees?

What does it cost to trade with MondFx?

What account types does MondFx offer?

Who owns and operates MondFx?

How can I contact MondFx customer support?

What leverage does MondFx offer?

What is the minimum deposit required to start trading with MondFx?

Is MondFx regulated?

What trading platforms does MondFx offer?

What is the typical spread on EURUSD at MondFx?

How wide do MondFx spreads get on EURUSD?

What is the spread on gold (XAUUSD) at MondFx?

How does Wikilix measure MondFx spreads?

Can't find what you're looking for?