MAMONEX

Mamonex is a retail forex and CFD broker founded on 7 November 2025, incorporated in Saint Lucia with registration number 2024/00738. The company is registered at ACE Corporate Services, Top Floor, Rodney Court Building, Rodney Bay, Gros Islet, Saint Lucia. As a relatively new entrant, Mamonex focuses on offering A-Book execution—routing client orders directly to liquidity providers—and a cashback rebate programme on forex, gold, and silver trades.

The broker operates without any known regulatory licences from major financial authorities. Its registration in Saint Lucia does not subject it to the oversight of stringent regulators such as the FCA, ASIC, or CySEC. This lack of external regulation is a critical consideration for traders who prioritise investor protection and fund security.

Mamonex offers two trading accounts: Standard and Pro. The Standard account requires no minimum deposit, features commission-free trading with spreads from 1.6 pips, and includes automatic cashback rebates based on account balance tiers. This account is designed for beginner and swing traders seeking simplicity.

The Pro account requires a minimum deposit of $250 and offers raw spreads from 0.4 pips, appealing to scalpers, day traders, and algorithmic traders. Both account types provide maximum leverage of 1:400 for forex majors, with reduced leverage on other instruments (e.g., 1:100 for minors, 1:50 for crypto CFDs). The broker states that both accounts use A-Book execution, meaning no conflict of interest in trade outcomes.

The broker provides a custom trading platform integrated with TradingView charts, enabling advanced charting and technical analysis. The platform supports one-click order execution, batch stop-loss orders, and API access for algorithmic trading strategies. It is accessible via web browser, mobile app (available for iOS and Android), and as a downloadable desktop application.

Mamonex claims the platform is award-winning and has a user rating of 4.5/5 based on over 200 reviews. However, independent verification of these ratings is not available. The platform also includes a cashback tracking feature, showing rebates earned on each trade.

Mamonex offers 368+ CFD instruments across six asset classes: forex, cryptocurrencies, indices, commodities, stocks, and metals. In forex, clients can trade 55+ currency pairs including major, minor, and exotics. Cryptocurrency CFDs include Bitcoin, Ethereum, and over 30 altcoins. The broker does not provide fractional share trading or direct ownership of underlying assets; all trades are CFDs.

Maximum leverage varies by asset class: forex majors up to 1:400, minors up to 1:100, and crypto CFDs up to 1:50. The broker highlights that all trades execute on an A-Book model, claiming no dealing desk intervention and transparent pricing.

Funding options include cryptocurrency deposits (ETH, USDT ERC-20, USDC ERC-20, USDT TRC-20) and credit/debit cards via third-party processors. Crypto deposits are processed within minutes with no fees from Mamonex, though network fees may apply. Card deposits may incur small processor fees. The broker recommends crypto for its speed and lower costs.

Withdrawal methods are not explicitly detailed on the website, but the broker emphasises fast processing. No information is provided about withdrawal limits, processing times, or associated fees. Traders should verify these details directly with support before funding an account.

Mamonex claims to offer 24/5 customer support via email (support@mamonex.com) for general queries, partnerships, and media inquiries. The broker maintains a presence on Instagram and YouTube, though the extent of activity and engagement is not specified. The website includes a contact form but does not provide phone or live chat support.

The broker's leadership team is introduced on the 'About' page, with Marcus Pannozzo and Philip Salloum as founding directors. Their backgrounds are presented to build trust, but no independent verifiable information about their professional history is available in public records.