MONAXA

MONAXA
Monaxa Ltd

User Reviews

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Pros and Cons of MONAXA

Pros of MONAXA

  • 30% matching bonus
  • $15 minimum deposit
  • 1:2,000 leverage

Cons of MONAXA

  • No signup bonus
  • Bonus terms not detailed
  • Offshore registrations only

Overview of MONAXA

MONAXA offers a 30% matching bonus but normally no signup bonus, and its leverage reaches 1:2,000.

Overview

Max Leverage 2,000:1
Negative Balance NBP unsupported
Japanese Support Desk Japanese Unavailable
Trading Platforms
(Trading Softwares)

CompanyCompany Profile

Legal Name
(Company)
Monaxa Ltd
Country Saint Vincent and the Grenadines / Anguilla (registrations)
Licenses
(Regulations)

*All information on this website is referred from original ones where each Forex Broker's official homepage describes at the time. Some information on the website are summarised to make viewers understand each service better. It maybe different from the service provided to you depends on the account type and platform you use. Although we strive to provide the newest and correct information at anytime, we do not guarantee the accuracy of those information. Please make sure checking terms and conditions and other trading options on yourself.

This page is based entirely on MONAXA’s own published materials. MONAXA is operated by Monaxa Ltd, an International Business Company in Saint Vincent and the Grenadines (26883 BC 2022), and also cites an Anguilla registration; these are corporate registrations, not financial-services licenses from a major regulator. It offers leverage of up to 1:2,000, charges a 3-dollar monthly inactivity fee after 90 days, and freezes accounts left at zero balance for 90 days. Readers should treat MONAXA as offshore-registered and verify all claims independently before depositing funds.

MONAXA Bonuses and Promotions Overview

MONAXA offers a 30% matching bonus but does not normally offer a no-deposit signup bonus. As flagged above, it is registered offshore in Saint Vincent and Anguilla.

Specification Detail
Matching Bonus 30%
Signup Bonus Not normally offered
Minimum Deposit $15
Leverage Up to 1:2,000

Caveats

Bonus terms are not detailed in the source. MONAXA’s 3-dollar monthly inactivity fee and 90-day zero-balance account freeze also affect anyone claiming a bonus and then trading sparingly.

Pros and Cons for Bonus Hunters

Pros Cons
30% matching bonus No signup bonus
$15 minimum deposit Bonus terms not detailed
1:2,000 leverage Offshore registrations only

Are MONAXA’s Promotions Worth It?

MONAXA’s 30% bonus is modest, and without a signup bonus or detailed terms it offers limited promotional value. Confirm current conditions before depositing.

FAQ

Does MONAXA offer a signup bonus?
Not normally.
What bonus does it offer?
A 30% matching bonus.
Is MONAXA regulated?
It cites offshore corporate registrations only.

Frequently asked questions

Is it free to open accounts with MONAXA?

Yes, there is no involved cost for opening accounts with MONAXA.

What's the maximum leverage avaiable with MONAXA?

The maximum leverage available with MONAXA is 1:2,000. *The available leverage can be different depending on the account type, balance and other conditions.

Does MONAXA support NBP (Negative Balance Protection)?

No, MONAXA does not support NBP (Negative Balance Protection).

Does MONAXA has customer support in Japanese?

No, MONAXA does not provide service (website or customer support) in Japanese If the service becomes available in Japanese in the future, the information will be updated in MONAXA's company introduction page.

Which trading platforms are available with MONAXA?

With MONAXA, you can use trading platforms such as MetaTrader5.

Where is MONAXA's office located?

MONAXA is a Forex Broker based in Saint Vincent and the Grenadines / Anguilla (registrations).

Where is MONAXA regulated and licensed?

MONAXA is registered or licensed by 1 authorities including St. Vincent and the Grenadines IBC.
*This section include financial licenses by authorities and complied directives/international laws.

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