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Is it possible to deposit funds into my Monex Europe account using cryptocurrencies such as Bitcoin or USDT?

Broker Issues
Monex Europe
Deposit
Withdrawal
06-25
United States
WikiFX
Reply

Based on my personal experience navigating brokerages, I would exercise a great deal of caution when considering Monex Europe, especially regarding deposit methods. The available information clearly indicates Monex Europe is no longer regulated—their UK FCA license has been revoked, and there is high potential risk reported, including warnings about suspicious regulatory issues. This lack of oversight alone is a major red flag for me and should be for any trader prioritizing capital safety. Concerning deposit methods, I see no mention that Monex Europe accepts cryptocurrencies such as Bitcoin or USDT for funding accounts. Their service focus is on institutional-level FX and payment solutions, supporting over 60 currencies and multi-currency accounts, but this refers explicitly to fiat currency, not digital assets. The technology described (Monex Pay Platform, REST API, SWIFT integration) supports corporate payments and API automation, primarily tied to the traditional financial system. From my perspective, the absence of clear and prominent information about crypto deposits, combined with the revoked regulatory status, would make me extremely hesitant even to inquire further, let alone try to deposit crypto assets. In this scenario, the risks far outweigh any potential benefits, and I would recommend only engaging with fully regulated brokers that offer transparent funding methods and explicit cryptocurrency deposit options.

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