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Independent Broker Review

Monaxa Review: Safety, Fees, Leverage and Accounts

A clear look at Monaxa: who regulates it, what it costs to trade from a $100 minimum deposit, how deposits and withdrawals work, and the checks to make before you open an account.

✍ FxDailyInfo Research Team ⌂ Vincent and the Grenadines
Min. deposit$100
Max leverage1:500*
Spreads from0.0 Pips
PlatformcTrader
Founded2022
Broker profile

Monaxa at a Glance

Broker nameMonaxa
Promotion$50 No Deposit Registration Bonus
Regulated byCompany Number 26883 BC 2022.
HeadquartersFirst Floor, First St. Vincent Bank , Ltd Building James Street, Kingstown, St. Vincent and the Grenadines
Foundation year2022
CountryVincent and the Grenadines

Features & account options (11/11 available)

  • ✓Mobile Trading
  • ✓Web Trading
  • ✓News Trading
  • ✓Hedging / Scalping
  • ✓Swap Free Account
  • ✓Islamic Account
  • ✓Free Demo Account
  • ✓Mini Accounts
  • ✓VIP Accounts
  • ✓Managed Accounts
  • ✓Segregated Account
Trading conditions

Monaxa Trading Info

Min. Deposit $100
Max Leverage 1:500*
Min. Spreads 0.0 Pips
Mobile Trading Yes
Web Trading Yes
News Trading Yes
Hedging / Scalping Yes

Trading platforms

  • cTrader
  • cTrader Copy

Trading Foreign Exchange (Forex) and Contracts for Difference (CFD) carries a high level of risk and may not be suitable for all investors. Before deciding to trade CFDs you should carefully consider your investment objectives, level of experience and risk appetite as any information provided on this website is general advice only. The possibility exists that you could sustain a loss of some or all your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading FX and CFDs on margin. Please read the Full Risk Disclosure Statement and Terms of Business.

Monaxa Ltd is incorporated under the Business Companies (Amendment and Consolidation) Act, Chapter 149 of the Revised Laws of Saint Vincent and the Grenadines, 2009, with the following registrations: Company Number 26883 BC 2022.

Monaxa (SVG) Limited is committed to providing the highest level of service to its customers. In some instances, and due to regulatory or legal requirements, Monaxa is unable to provide services or accept customers from certain countries. Customers should familiarize themselves with the FX and CFD rules applicable in their country before deciding to use Monaxa services.

Accounts & funding

Monaxa Accounting Info

Swap Free Account Yes
VIP Accounts Yes
Mini Accounts Yes
Segregated Account Yes
Free Demo Account Yes
Managed Accounts Yes
Islamic Accounts Yes

Account funding methods

  • Bank Transfer
  • Credit Card
  • Crypto payments

Withdrawal methods

  • Bank Transfer
  • Credit Card
  • Crypto payments

A trading platform intuitive enough for beginners.

Designed for high speed of execution.

Designed for advanced order protection.

Designed for better charting and elegant usability.

20+ charting tools and timeframes

6 zoom levels offering market depth

50 indicators

Detachable charts for multiple screens

Fast order execution

Ready to test Monaxa? Start on a demo account, then try a small deposit and a small withdrawal.
Company details

Monaxa Contact Info

Broker nameMonaxa
CountryVincent and the Grenadines
Base currenciesUSD, GBP, EUR, AUD, ZAR
LanguagesEnglish, Indonesian, Malay, Thai
News trading Yes
Websiteaccount.monaxa.com
Full review

Monaxa Broker Info

Investor

Discover new trading strategies and copy successful traders

Equity to equity model advantages

Separate copying accounts

No charge on commissions

Strategy Provider

Let investors copy your trading strategies for a fee

Flexible fee structures

Promotional tools to grow your following

No charge on commissions

Trader feedback

Recent Monaxa Reviews

No reviews yet for Monaxa.

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