• Company name: Takeda Partners LTD
  • Registration/license: Marshall Islands
  • Registration/license requirement: USD 2,000

About Banc De Monarch
🗺️ Registered inMarshall Islands
🗺️ Type of LicenseOffshore License
🛡️ Is Banc De Monarch safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

Is Banc De Monarch a regulated forex broker or a scam?

no, Banc De Monarch broker is Non-Regulated Broker. It is NOT SAFE to trade.while we checked the company there is no authorization or registration of the address, therefore the company seems to be highly suspicious while might operate its services from an absolutely different location.

Banc De Monarch is a Forex broker owned and operated by the Takeda Partners LTD registered in The Marshall Islands. The Marshall Islands is an offshore destination where usually brokerage services are not regulated.

The company claims to be located in London, UK and provides its address (10 King William St, London EC4N 7TW, UK) and contact phone number in the UK.

Despite its London location, Banc De Monarch is not authorized to provide financial services in the UK. Moreover, Spain’s CNMV has recently issued a warning against this brokerage firm.

We recommend avoiding trading with unregulated brokers as there is a high risk for the investors to lose their money.

It is safer to choose among trustworthy regulatory agencies, such as FCA in UK and ASIC in Australia. Check the lists of the FCA-regulated and ASIC-regulated Forex brokers here.

No news available.

Leave a Reply

Your email address will not be published. Required fields are marked *

* code