Our History

The strength of our heritage is the backbone of Monex, with more than 40 years’ of experience in the FX industry.

Monex S.A.P.I. de C.V.

Monex International Markets plc is part of the wider financial services group, Monex S.A.P.I. de C.V. (“Monex”), a global investment-grade financial services institution. Together, we service more than 69,000 clients worldwide.

Our team of experienced and professional FX specialists provide support to corporate and institutional clients in each region of the world.

Part of the Monex group, Monex International Markets plc operates various subsidiaries in the FX industry, comprising of Monex Europa S.L., Monex Europe Markets S.V., S.A.U., Monex Europe Limited, Monex Europe Markets Limited, Monex Canada Inc., MonFX Pte Ltd.; with offices in the UK, Spain, the Netherlands, Canada and Singapore.

Financial strength

The financial strength, corporate structure and governance of Monex enables the group to continually invest in the business, improve our client offering, scale our operations and maintain agility to constantly adapt in an ever-changing regulatory environment.

All entities under Monex International Markets plc are regulated for different products and services within the jurisdictions in which they operate.

Timeline of Monex

1985

Headquartered in Mexico City, Monex was founded in 1985 to address the payment and currency exchange needs of companies doing business internationally.

2001

Monex expands product offering and operations with a number of strategic acquisitions.

2012

Expanding internationally, Monex acquires FX specialist Schneider Foreign Exchange in July 2012, subsequently renamed to Monex Europe Limited, headquartered in London. During 2012, Monex also starts operating in Spain.

2014

Monex Europe Markets Limited is established as an investment firm authorised by the FCA, offering structured FX products to professional clients only.

2015

Monex Europe opens a sales representative office in Amsterdam, the Netherlands.

2017

Building on the success in Europe, Monex Canada Inc. was launched as a subsidiary for corporate clients in North America.

2018

As part of the group’s global expansion, Monex establishes a presence in Asia with the launch of MonFX in Singapore.

2020

Monex establishes Monex Europe S.A. in Luxembourg. Sales offices in Madrid and Amsterdam become part of Monex Europe S.A.

2021

MonFX expands its product offering by obtaining a CMS Licence for dealing in FX OTC derivatives contracts.

2024

Monex diversifies its European foothold with two new Spanish licenses: MEMSV (investment firm) and MESL (payment institution). Closure of Monex Europe S.A. was initiated.