Security & regulation

Regulations

Monex Europe is authorised by the Financial Conduct Authority (FCA) under the Payment Services Directive (PSD) as an Authorised Payment Institution – registration number FRN 463951.

Monex Europe operates PSD compliant client trust accounts. These accounts are held at Barclays Bank PLC in London. All funds received in settlement of an underlying foreign exchange trade remain segregated from Monex Europe’s own funds at all times.

Monex Europe is registered as a Money Service Business with Her Majesty’s Revenue & Customs – registration number 12252143.

Settlement

Monex Europe is a corporate member of SWIFT, the secure payment messaging system used by over 10,000 banks globally. SWIFT provides our clients with a highly secure system for communicating payment instructions and other sensitive data globally.

This allows payments to be sent with greater speed, security and efficiency, thereby eliminating costs and lowering operational risk