Some operations earn a place on the Cointiverse map through victim reports; Monstrade arrived by regulator flag. Both routes end at the same coordinates: elevated risk.
Position on the risk map
Monstrade claims to be owned and operated by Monstrade Dooel Skopje, is an international broker located in North Macedonia, which offers a range of investment products to traders, including Forex, Indices, Metals, Energies, Cryptocurrencies, Stocks and more instruments for trading in global markets. But it lacks detailed regulatory information. A company that offers financial services must have financial license in the country where it is located. Upon investigation, Monstrade is not authorised and regulated by the Securities and Exchange Commission of the Republic of North Macedonia, an offshore authority that doesn't license forex derivatives brokerage activities. The truth is that Monstrade is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws. Monstrade is a scam.
Red flags on the map
- Withdrawal friction: new fees or conditions appear at cash-out time
- Aggressive outreach through social platforms and messaging apps
- Dashboard balances that cannot be verified on-chain
- Pressure to deposit more in order to unlock earlier deposits
If you have funds with Monstrade
Do not pay anything further, whatever label the request carries. Gather your records now – transaction hashes, wallet addresses, payment receipts, and every conversation – because the strength of a case rests on that trail.
Cointiverse can chart where the funds moved and give you an honest read on whether a realistic path exists. Start a confidential case review – there is no obligation, and the first assessment is free.