Monaxa
Monaxa Broker Overview
Here is every key fact about Monaxa in one table — regulation, contact details, deposit rules, leverage, spreads, platforms and account features.
| Feature | Monaxa |
|---|---|
| Broker name | Monaxa |
| Foundation year | 2022 |
| Headquarters | First Floor, First St. Vincent Bank , Ltd Building James Street, Kingstown, St. Vincent and the Grenadines |
| Country | Vincent and the Grenadines |
| Email / Skype | support@monaxa.com |
| Regulated by | Company Number 26883 BC 2022. |
| Type of broker | CFDs |
| Min. deposit | $100 |
| Max leverage | 1:500* |
| Min. spreads | 0.0 Pips |
| Funding methods | Bank Transfer, Credit Card, Crypto payments |
| Withdrawal methods | Bank Transfer, Credit Card, Crypto payments |
| Base currencies | USD, GBP, EUR, AUD, ZAR |
| Languages | English, Indonesian, Malay, Thai |
| Trading platforms | cTrader, cTrader Copy |
| Tradable instruments | Forex, Commodities, Indices, Equities, Energies, Cryptocurrency, Crypto Trade |
| Web trading | ✓ Yes |
| Mobile trading | ✓ Yes |
| News trading | ✓ Yes |
| Hedging & scalping | ✓ Yes |
| Free demo account | ✓ Yes |
| Mini accounts | ✓ Yes |
| VIP accounts | ✓ Yes |
| Managed accounts | ✓ Yes |
| Segregated accounts | ✓ Yes |
| Islamic accounts | ✓ Yes |
| Swap free accounts | ✓ Yes |
| No deposit bonus | $50 No Deposit Registration Bonus |
| Promotion | $50 No Deposit Registration Bonus |
In simple words: traders get cTrader and cTrader Copy, spreads from 0.0 Pips, leverage up to 1:500* and a $100 minimum deposit. New clients can also check the current $50 No Deposit Registration Bonus. Tradable markets include Forex, Commodities, Indices, Equities, Energies, Cryptocurrency, Crypto Trade.
Is Monaxa Safe? Regulation and Company Details
Monaxa is a regulated broker. Company Number 26883 BC 2022. The broker says client money is kept in segregated accounts, separate from company funds.
Regulation
Company Number 26883 BC 2022.
Head office
First Floor, First St. Vincent Bank , Ltd Building James Street, Kingstown, St. Vincent and the Grenadines (Vincent and the Grenadines)
Client funds
Client money is held in segregated accounts, apart from company funds.
Track record
In business since 2022. Support is reachable by email.
Tip: Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 1:500*.
Monaxa Trading Conditions
Spreads and commissions
Monaxa spreads start from 0.0 Pips. Raw-spread style accounts usually charge a small commission per lot, while commission-free accounts have wider spreads. If you trade often or scalp, the raw option is usually cheaper.
Leverage
Maximum leverage reaches 1:500*, depending on the account type and the instrument you trade. High leverage lets you open bigger positions with less margin, but losses grow just as fast.
Trading platforms
cTrader
Desktop platform
cTrader Copy
Desktop platform
Trading styles allowed
Hedging, scalping and news trading are allowed — good news for short-term traders. Web and mobile trading are available.
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 2027.
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.
Monaxa Account Types
Monaxa offers several account options so both beginners and experienced traders can find a fit. Live accounts start from a $100 deposit.
Free demo account
Practise with virtual money and test strategies risk-free.
Mini accounts
Smaller trade sizes and a low entry cost for beginners.
VIP accounts
Tighter pricing and priority service for larger balances.
Managed accounts
Let a strategy provider or money manager trade for you.
Segregated accounts
Client funds are kept apart from company money.
Islamic / swap-free
No overnight swap charges, in line with Sharia principles.
You can open accounts in these base currencies: USD, GBP, EUR, AUD, ZAR. Choosing the currency you spend in helps you avoid conversion fees.
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
Deposits and Withdrawals at Monaxa
Monaxa supports the same methods for funding and withdrawals. Withdrawals normally go back to the method you used to deposit.
E-wallets are usually the fastest. Bank wires take longer and your bank may charge a fee. Finish identity verification (KYC) early so your first withdrawal is not delayed.
Monaxa Bonus and Promotions
Bonuses are a big reason traders search for Monaxa. Availability depends on your country and the account type.
- $50 No Deposit Registration Bonus — the current promotion for Monaxa clients. Check the volume rules before you claim it.
How bonus credit really works
- Bonus credit is used as margin; it usually cannot be withdrawn directly.
- Profits made with the bonus are yours, but a minimum trading volume often applies first.
- Withdrawing money early can remove part or all of the bonus.
- Bonuses are not offered in every country or on every account type.
Bonus terms change often. Always read the latest rules on the official Monaxa website before accepting any offer.
Monaxa Pros and Cons
Pros
- Regulated: Company Number 26883 BC 2022.
- $50 No Deposit Registration Bonus
- Low $100 minimum deposit
- Spreads from 0.0 Pips, CFDs execution
- cTrader and cTrader Copy
- Hedging and scalping allowed
- Islamic, mini, VIP and managed accounts
Cons
- Bonus comes with trading-volume rules
How to Open a Monaxa Account
- RegisterFill in your name, email, country and phone number on the Monaxa sign-up page.
- Verify your identityUpload a photo ID and a proof of address (utility bill or bank statement).
- Choose an accountPick the account type, base currency, leverage and platform (cTrader / cTrader Copy).
- Fund and tradeDeposit from $100 with your preferred method, claim any eligible bonus, then log in and start trading.
About Monaxa
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
Monaxa Review: key facts
Monaxa is a CFDs broker, established in 2022, based in Vincent and the Grenadines. It is regulated by Company Number 26883 BC 2022.. Trading conditions at Monaxa include a minimum deposit of 100, leverage up to 1:500*, spreads from 0.0 Pips.
Clients can trade on cTrader, cTrader Copy, in the web browser and on mobile. Available markets: Forex, Commodities, Indices, Equities, Energies, Cryptocurrency, Crypto Trade. Account base currencies: USD, GBP, EUR, AUD, ZAR.
Monaxa offers a free demo account, Islamic accounts, swap-free accounts, mini accounts, VIP accounts, managed accounts and segregated client accounts. Trading rules: hedging and scalping are allowed, news trading is allowed. Deposits can be made by Bank Transfer, Credit Card, Crypto payments.
Withdrawals are available via Bank Transfer, Credit Card, Crypto payments. Current offers — welcome bonus: $50 No Deposit Registration Bonus; no deposit bonus: $50 No Deposit Registration Bonus; other promotions: $50 No Deposit Registration Bonus. Bonus terms can change, so always check the conditions before you deposit. The website is available in English, Indonesian, Malay, Thai.
Monaxa FAQ
Is Monaxa regulated?
Yes. Monaxa is regulated by Company Number 26883 BC 2022..
What is the minimum deposit at Monaxa?
The minimum deposit at Monaxa is 100.
What is the maximum leverage at Monaxa?
Monaxa offers leverage up to 1:500*. Leverage may be lower depending on your country and account type.
What are the spreads at Monaxa?
Spreads at Monaxa start from 0.0 Pips.
Which trading platforms does Monaxa offer?
Monaxa offers cTrader, cTrader Copy.
Does Monaxa offer an Islamic (swap-free) account?
Yes, Monaxa offers Islamic swap-free accounts.
Does Monaxa have a demo account?
Yes, Monaxa offers a free demo account.
How can I deposit money with Monaxa?
Monaxa accepts Bank Transfer, Credit Card, Crypto payments.
When was Monaxa founded?
Monaxa was established in 2022 and is based in Vincent and the Grenadines.
How do I withdraw money from Monaxa?
Withdrawals at Monaxa are possible via Bank Transfer, Credit Card, Crypto payments.
Official website: Monaxa
Risk warning: Leveraged products such as forex and CFDs may not suit all investors and carry a high risk to your capital. Make sure you understand the risks, consider your goals and experience, and seek independent advice if needed.
Final Verdict: Should You Choose Monaxa?
Monaxa earns 4.8/5 — a $100 entry cost, cTrader / cTrader Copy platforms and a track record since 2022.
Monaxa suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.
