Monet Heritage is a CFD broker whose official domain was registered on July 22, 2023. This broker primarily provides investment services in trading markets such as forex, digital currencies, precious metals, commodities, and funds for both retail and institutional clients. It does not offer services to countries or regions where it might violate local laws or regulations.
Company Registration and Regulatory Status
According to publicly available information on its website (monetheritage.ltd), Monet Heritage claims to be a member of the Financial Commission, the U.S. Securities and Exchange Commission (SEC), the Investment Industry Regulatory Organization of Canada (IIROC), and the Canadian Investor Protection Fund (CIPF). Additionally, the service terms on the broker's website state that any litigation arising from its terms should be conducted exclusively in courts located in New Zealand.
Upon verification, it was found that the Financial Commission, SEC, IIROC, and CIPF do not have any records of a registered entity named Monet Heritage. However, a company named MONET HERITAGE LIMITED was found on the New Zealand Companies Register, but the New Zealand Financial Markets Authority (FMA) identified monetheritage.ltd as a fraudulent website impersonating MONET HERITAGE LIMITED and has listed it in its investment warning registry.
Therefore, Monet Heritage is essentially a scam website engaged in false advertising and operating without any regulatory supervision.
Account Opening Process
The account opening process for a trading account with Monet Heritage involves accessing the broker's website, clicking "REGISTER NOW" on the homepage or "Join Now" in the top-right corner to go to the account registration page, filling in personal details such as name and email, setting a login password, and then submitting the information. After verification, the account registration is complete.
Investment Plans
Monet Heritage offers users four different types of investment plans: STARTER PLAN, SILVER PLAN, GOLD PLAN, and RETIREMENT PLAN.
STARTER PLAN:
- Trading Period: 5 days
- Minimum Deposit: $100
- Maximum Deposit: $10,000
- Referral Bonus: 5%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return Rate: 2.5%
SILVER PLAN:
- Trading Period: 8 days
- Minimum Deposit: $11,000
- Maximum Deposit: $30,000
- Referral Bonus: 5%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return Rate: 3.3%
GOLD PLAN:
- Trading Period: 20 days
- Minimum Deposit: $31,000
- Maximum Deposit: $19,999
- Referral Bonus: Unlimited
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return Rate: 4.2%
RETIREMENT PLAN:
- Trading Period: 5 months
- Minimum Deposit: $10,000
- Maximum Deposit: Unlimited
- Referral Bonus: 5%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return Rate: 1.5%
Trading Platform
Monet Heritage provides its users with a proprietary trading platform, but it has not provided detailed information about it and it is limited to web-based usage.
Deposits and Withdrawals
Monet Heritage supports deposits and withdrawals through various cryptocurrencies.
Conclusion
Traderknows reminds investors that Monet Heritage is a scam broker that entices investors with promises of high returns, but in reality, it is not regulated. Investors are advised to choose brokers with transparent information, strong regulation, and a good reputation for investment trading activities to avoid unnecessary financial loss.
Currently, this broker is marked as "Scam" on Traderknows.
