Monefence has been flagged by Finansinspektionen for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". Loan Fee Fraud
Monefence
R. Barata Salgueiro 5 Lisabon
Portugal
Telephone: +33748525299
E-mail: [email protected] This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.monefence.com.
Where do I even begin with Monefence? for a few weeks now of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Market news feed|Fast deposits|Professional team
Cons: Currency conversion fee exists
The platform at Monefence is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for about three months of dealing with this, I have had enough.
Pros: High security standards|Smooth onboarding
Cons: Nothing significant
After using Monefence since I retired last year, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Excellent charting|Smooth onboarding|Helpful community forum|Easy to use platform
Cons: Wish they had more educational resources