Monaxa Ltd

Monaxa Ltd Logo

CASHBACK

Asset Class Standard Pro Cent ECN
FX $7.80/Lot $3.90/Lot $5.20/Lot -
Metals $11.05/Lot $5.525/Lot $7.80 -
Energies $1.95/Lot $0.975/Lot - -
Indices Up to $6.50/Lot Up to $6.50/Lot - -
Stocks $1.95/Lot $1.95/Lot $1.95/Lot -
Cryptos Up to $7.80/Lot Up to $7.80/Lot Up to $7.80/Lot -
Cashback full table not available.

GET TO KNOW MONAXA

The Monaxa Group is comprised of several entities which operate under the brand name, Monaxa.

Monaxa Ltd [A000001175] is registered in Anguilla, British West Indies, with a registered address at No. 9 Cassius Webster Building, Grace Complex, PO Box 1330, The Valley, AI-2640, Anguilla.

Monaxa Ltd [GBC195868] is registered and regulated by the Financial Services Commission (FSC) of the Republic of Mauritius with an Investment Dealer License, bearing license number GB23201577, with a registered address at Ground Floor, Silver Bank Tower, 18 Bank Street, Cybercity, Ebene, 72201, Mauritius.

Monaxa 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, including and not limited to Iran, Russia, Myanmar and North Korea. Customers should familiarize themselves with the FX and CFD rules applicable in their country before deciding to use Monaxa services.

CASHBACK TERMS

PAID4X pays cashback for every new account opened with Monaxa via the registration links on paid4x.com, on all included instruments (as per the cashback table above).

Monaxa allows multiple trading styles & techniques, including, scalping, hedging & EA, without restrictions.

However, as with all brokers, Monaxa reserves the right to withhold cashback payments for clients engaging in abusive or fraudulent behavior, but this is a very rare occurrence.

Such (& other decisions) are taken to protect the integrity of the market, comply with regulations, and ensure a fair and secure trading environment for all clients. The specific violations which can lead to the withholding of cashback, or other procedures (including closing of the account), are usually detailed in the broker's terms of service.

Broker Name Monaxa Ltd
Broker type NDD
Year Established 2022
HQ Address

Ground Floor, Silver Bank Tower, 18 Bank Street, Cybercity, Ebene, 72201, Mauritius

International offices

South Africa, Mauritius

License/Regulation

FSC - Mauritius
GB23201577

IB Transfer Allowed
Sub Accounts ?
Demo Period 45 Days
Platforms

MT4, MT5

Minimum Trading Volume 0.01 Lot
Maximum Trading Volume 100 Lots
Hedging Accounts -
Netting Accounts -
Scalping Allowed
Hedging of Trades Allowed
EA Allowed
Trailing Stop Available
Negative Balance Protection Yes
Copy Trading Available
Swap-Free Accounts Available
MAM/PAMM Available
Additional Features

Prop Trading

https://monaxa.com/prop-trading/

 

Payment Methods

Crypto
Credit/Debit Cards
Bank/Wire Transfers 

Account Currency 2022
Minimum Deposit 20
Minimum Withdrawal -
Segregated Accounts

Yes

Bonus

Available 

Lowest Leverage 1:1
Highest Leverage 1:2000
Margin Call Level 50%
Stop Out Level 20%
Asset Class Cost Standard Pro Cent ECN
FX Spread ? ? ? -
Commission ? ? ? -
Metals Spread ? ? ? -
Commission ? ? ? -
Energies Spread ? ? ? -
Commission ? ? ? -
Indices Spread ? ? ? -
Commission ? ? ? -
Stocks Spread ? ? ? -
Commission ? ? ? -
Cryptos Spread ? ? ? -
Commission ? ? ? -
Channels

WhatsApp

Hours 24/7
Languages

English, Arabic, French, Porugese , Japanese, Thai, Malaysian, Chinese, Urdu, Vietnamese and More

Support Links

Risk Warning

In general, trading any financial asset involves risk of loss. For leveraged products, the use of leverage inherently elevates the investment's risk profile, which may cause a loss of a large part of, all of, or even more than your invested capital. A trader who does not possess a full understanding of the nature of leverage, margin trading & CFDs may be unsuited to trade leveraged products.

You are required to familiarize yourself with all the necessary information related to trading such financial products, and to assess, on your own, whether or not you have the required knowledge & skills, before you open a trading account.