MONEYNETINT LTD (moneynetint.pro) is a Contract for Difference (CFD) broker. Its official domain was registered on June 22, 2024. The broker primarily serves retail and institutional clients, offering trading services in foreign exchange, precious metals, crude oil, indices, and cryptocurrencies. It does not provide services to jurisdictions where such actions could violate local laws or regulations.
Corporate Registration Information and Regulatory Status
According to the official website of MONEYNETINT LTD (moneynetint.pro), the broker is headquartered in London, UK. It claims to operate under the entity MONEYNETINT LTD, managed by the UK Chamber of Commerce and regulated by the Financial Crimes Enforcement Network (FinCEN) in the USA, with MSB registration number 31000261158511. However, the platform does not provide its company registration number or corresponding regulatory license number on its website, nor does it disclose detailed terms of service or legal documents. This lack of critical information casts doubt on the platform's authenticity and legitimacy.
Upon verification, the official website of FinCEN does feature a company named MONEYNETINT LTD with the MSB number 31000261158511. However, no regulatory information for this company is found on the websites of the Financial Industry Regulatory Authority (FINRA) or the National Futures Association (NFA) in the USA.
Additionally, a company named MONEYNETINT LTD can be found on the UK Companies House website, regulated by the Financial Conduct Authority (FCA) in the UK. However, this company's official website is www.moneynetint.com, which has no connection to moneynetint.pro. moneynetint.pro may be using a similar name to mislead investors, suggesting fraudulent intent.
Furthermore, the design and content of moneynetint.pro's website closely resemble those of other brokers accused of fraud, such as dbgmarkentskinlted.com, XM Defi, and ABASTR, employing the same template.
Trading Instruments
moneynetint.pro offers a variety of financial derivative trading options, including foreign exchange, precious metals, crude oil, indices, and cryptocurrencies.
- Foreign Exchange: Offers trading in several major currency pairs, including EUR/USD, USD/CAD, GBP/USD, and USD/JPY.
- Precious Metals: Supports spot trading of various precious metals such as Gold (XAUUSD) and Silver (XAGUSD).
- Crude Oil: Provides trading services for US Crude Oil (UsOIL).
- Indices: Tradable indices include the Nikkei Index (N225), the German Index (GER30), and the S&P 500 Index (US500).
- Cryptocurrencies: Supports trading in major digital currency pairs such as Bitcoin (BTC/USD), Ethereum (ETH/USD), and Ripple (XRP/USD).
Account Opening
The official website of moneynetint.pro does not offer any account opening portals, making it impossible to open an account normally.
Trading Accounts
The moneynetint.pro website does not disclose key trading parameters such as spreads, trading leverage, contract sizes, etc. Additionally, it does not provide detailed information related to account types, trading commissions, minimum/maximum trading volume, maximum position/order quantity, margin call/stop-out levels, or minimum price accuracy. The site's information is non-transparent.
Trading Platform
moneynetint.pro claims to offer a self-developed trading platform, which supports only web and mobile terminals. Clicking the mobile download link on the official website directs users to download OTO PRO from the App Store and Google Play, yet the legitimacy of this software is dubious.
Deposits and Withdrawals
moneynetint.pro does not explicitly list the supported deposit and withdrawal methods, associated fees, or minimum deposit/withdrawal amounts on its website.
Conclusion
Traderknows warns investors that moneynetint.pro is a suspicious, unregulated broker site. The platform does not allow for normal account opening and lacks transparency, potentially misleading consumers. Additionally, the site's contact options are limited to online customer service and email.
Investors are advised to choose brokers that are transparent, strictly regulated, and have a good reputation to avoid unnecessary financial losses.
