WikiFX

Reply

Based on my careful assessment of Monex Europe as a forex participant with both practical experience and a focus on risk management, I must take a highly cautious approach to this broker. Monex Europe’s regulatory status is deeply concerning for me—its previous FCA license has been revoked, meaning it currently operates without recognized oversight. This alone is a major red flag when judging any aspect of their service, including withdrawal processing times. From my direct research, there is no verifiable, official information provided by Monex Europe detailing the usual timeframe for withdrawals to a bank account or e-wallet. The lack of transparent, published withdrawal policies heightens my hesitancy, as fully regulated brokers typically outline such details explicitly for clients’ peace of mind. Additionally, with no demo account availability and limited public feedback, I do not have sufficient grounds to confidently estimate real-world withdrawal times. In my opinion, the combination of “high potential risk,” revoked license, and poor transparency prevents me from being able to recommend using their withdrawal service at all. In summary, for me, the uncertainty surrounding Monex Europe's regulatory status and absence of clear withdrawal procedures mean I cannot rely on timely or consistent fund transfers. My advice, based on experience and risk awareness, is to approach this broker with extreme caution, especially regarding the safety and withdrawal of funds.