Brokers  /  MONSTRADE

MONSTRADE

Severe risk
Serbia · 2-5 years · since 2023-07-07 · MONSTRADE Global Limited
Unregulated
Visit site ↗
75
Severe risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verified regulatory license on file
  • Withdrawal complaints in ~33% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints612%
Offshore registration458%
Transparency (site/info/social)2510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameMONSTRADE Global Limited
Headquarters Serbia
Founded2023-07-07
Years operating2-5 years
Employees0
Official websitemonstrade.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
InstrumentsForexIndicesSpot MetalsEnergiesStocksCrypto
Registered address
PO BOX 4000 Gippsland Mail Centre Victoria 3841

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 6

AccountMax leverageMin. depositMin. spreadCommissionEA
Cent1:100$100From 1.6--
Classic1:500$1000From 1.2--
Prime1:500$2500From 0.8--
ECN1:500$10000From 0.6--
Islamic1:100$15000From 0.8--
Demo1:100$0From 1.0--

Review analysis AI

Across 3 recent Trustpilot reviews, 0% are 1–2 star. The single most common complaint is being unable to withdraw funds (1 reports) — the classic warning sign in forex.

0
Period:
What users praise
Where reviewers are from
Italy1
Kazakhstan1
Pakistan1

Real user reviews

Similar brokers

About MONSTRADE

MONSTRADE is a forex and CFD broker based in Serbia, with records dating to 2023-07-07. Critically, we could not verify any active forex-trading license for this broker.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

Overview compiled by FXCanary from regulatory records and public data. full MONSTRADE review