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Monarch Liberty Group Ltd
Suspected Fraud
Suspected Fraud

Monarch Liberty Group Ltd

🇨🇳
  • Forex
  • Brokerage
1-2 years
Website

Current Rating

1.26

Industry Tier

E

Profile

Monarch Liberty Group Ltd is a forex broker established in 2023, primarily engaged in forex trading services. The broker offers real and demo accounts and provides forex trading services through the ST5 trading platform. However, the company has not disclosed key information such as leverage ratios and minimum deposit requirements.

Company Background:

Monarch Liberty Group Ltd was established in 2023 and is a forex broker lacking transparency. The company has not made public basic information such as its registration address, registration number, office address, and company leadership. Its official domain name was registered on November 30, 2023, making it less than a year old. Due to the lack of information transparency, investors should be cautious when choosing to trade with Monarch Liberty Group Ltd and ensure they fully understand its background and operational conditions to avoid potential risks.

Monarch Liberty Group Ltd domain registration time

Regulatory Status:

Monarch Liberty Group Ltd claims to be a licensed firm authorized by the Hong Kong Securities and Futures Commission (HKSFC) to engage in certain types of financial activities. However, this broker does not appear in the regulatory records of the HKSFC, meaning there are regulatory gaps, and it may be suspected of false advertising. Investors should remain vigilant when choosing a partner and ensure they fully understand the broker's regulatory status to minimize investment risks.

Monarch Liberty Group Ltd's regulatory inquiry in Hong Kong SFC

Trading Products:

Monarch Liberty Group Ltd claims to offer forex trading services, mainly covering the forex market. The company purports to achieve efficient execution and minimal price slippage by collaborating with major banks and liquidity providers. Moreover, the broker claims to focus on providing low-risk, high-quality execution with flexible leverage, but specifics on leverage ratios have not been disclosed. Investors choosing Monarch Liberty Group Ltd's forex trading products may face trading security risks.

Monarch Liberty Group Ltd's trading products

Trading Platform:

Monarch Liberty Group Ltd offers a proprietary trading platform named "ST5," which does not support the use of MT4 or MT5 platforms. The ST5 trading platform is available for download on Android and iPhone. However, the lack of backing by an actual company behind this platform poses a risk to fund security. Investors should carefully consider using this trading platform and assess its safety.

Monarch Liberty Group Ltd's trading platform

Account Registration:

Monarch Liberty Group Ltd offers two types of account registration: real and demo accounts. The steps to register a real account are as follows: users simply visit the broker's official website, click on the registration button, fill in relevant information such as email, password, invitation code, and verification code, to complete the registration. Once registered, users can log in using their email and password to start trading. However, the broker has not disclosed key information such as leverage ratios and minimum deposit requirements. Additionally, Monarch Liberty Group Ltd does not provide services to North Korea, Israel, China, Vanuatu, and Cuba among other locations.

Monarch Liberty Group Ltd's account registration

Monarch Liberty Group Ltd's registration information

Customer Support:

Monarch Liberty Group Ltd offers relatively limited customer support, only supporting email contact through support@monarchlibertygroup.com. The broker lacks other forms of contact such as telephone or online services, which could affect timely communication and problem resolution between investors and the broker.

Conclusion:

Monarch Liberty Group Ltd is a forex broker registered in 2023, mainly engaged in forex trading services. Although the company claims to offer demo and real accounts and provides forex trading services through the ST5 trading platform, it lacks transparency and has not disclosed key information such as regulatory licenses, details of trading products, and specific account types. Additionally, its claimed regulatory qualification from the Hong Kong Securities and Futures Commission is questionable, possibly posing a risk of false advertising. Investors should exercise caution with Monarch Liberty Group Ltd to protect their interests.

Currently, Monarch Liberty Group Ltd is marked as "Suspected Fraud" on TraderKnows.

User Reviews

1.26

Rated by 0 people

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FAQ About Monarch Liberty Group Ltd

01

What is Monarch Liberty Group Ltd's official website?

A: Monarch Liberty Group Ltd's official website is https://monarchlibertygroup.com/

02

Is Monarch Liberty Group Ltd a legitimate company, or is it a scam?

A: Monarch Liberty Group Ltd is currently marked as Suspected Fraud on TraderKnows.

03

What is Monarch Liberty Group Ltd?

A: Monarch Liberty Group Ltd is a Forex, Brokerage company.

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