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Longasia vs MonFX

Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.

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These are different service types — a money-transfer service, bank or stockbroker isn’t a like-for-like alternative to a forex/CFD broker. Compare with that in mind.
Longasia Forex
85/100 risk
🇸🇬 Singapore
Read review →
MonFX Money transfer
43/100 risk
🇸🇬 Singapore
Read review →
Safety & Trust
Scam-risk score lower = safer
85
43
Verdict
Severe
Guarded
Regulated
Yes
No
Licenses
2
0
Tier-1 regulators
1
0
Trustpilot score
2.5
Reviews collected
16
Exit risk lower = safer
Known clones
1
0
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
Max leverage
Min spread (best acct)
Commission
Cost grade
Account types
0
0
Best for
Suits
Corporate clients with international payment needs, Businesses seeking FX risk management solutions, High-volume multi-currency payers
Not for
Traders requiring reliable withdrawals, Investors seeking regulatory protection, Anyone considering depositing funds
Retail forex or CFD traders, Individual investors looking for leveraged trading, Traders needing a regulated broker outside of Singapore
Products & Funding
Instruments
Deposit methods
Withdrawal
Execution
Speed
Slippage
Swap cost
Company
Founded
2017-12-05
2021-12-15
Headquarters
🇸🇬 Singapore
🇸🇬 Singapore
Employees
0
0

✓ = stronger value on that row · good · caution · weak · "—" = not yet collected. Independent scoring, never for sale.

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