Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

Monyxa

Saint Vincent and the Grenadines|2-5 years|
MT5 Full License|Regional Brokers|High potential risk|

https://monyxa.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

1
Server Name
Monyxa-Server MT5
Server Location United Kingdom

Contact

+44 808 296 8302
trade@monyxa.com
https://monyxa.com/
Griffith Corporate Centre, Suite 305, Kingstown, St. Vincent And The Grenadines

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+44 808 296 8302

Other ways of contact

Broker Information

More

Company Name

Monyxa Ltd

Abbreviation

Monyxa

Platform registered country and region

Saint Vincent and the Grenadines

Company website
Twitter
Facebook
Instagram
YouTube
Linkedin

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-07-18
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Monyxa · WikiFX Survey

Users who viewed Monyxa also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

KCM Trade

7.74
Score
5-10 yearsStraight Through Processing(STP)MT4 Full License
Official website

STARTRADER

8.62
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

FBS

8.76
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

Monyxa · Company Summary

General Information

Monyxa is an offshore forex broker offering a series of trading assets, such as forex, stocks, cryptos, and more. Monyxa is the trading name of Monyxa Ltd, and it is an offshore broker registered in Saint Vincent and the Grenadines.

General

Regulatory Details

The regulatory status of Monyxa on the WikiFX website is displayed as “No License”, as it has been verified that this broker is not subject to any valid regulation. Besides, it got a low score of 1.62/10 on WikiFX based on Regulatory Index, Business Index, Risk Management Index, Business Index, and License Index. Please be aware of the risk.

wikifx

Market Instruments

When it comes to trading instruments, different classes of assets can be traded through this brokerage platform, such as FX Majors, FX Cross, FX Minors, Spot Metals, CFDs, Spot Indices, and Shares.

Account Types

Monyxa offers four tiered trading accounts for both retail and professional traders, including Basic, Premium, Executive and Ultimate. To open a Basic account, you need to fund at least $250, which sounds acceptable. While another three accounts require much higher initial deposits from $2,500, $10,000, and $50,000, respectively.

Account

Various amount of bonuses is offered along with these four accounts, with the Basic account up to 20%, the Premium up to 30%, the Executive up to 50%, and the Ultimate up to 100%.

Furthermore, Islamic Swap-free accounts are applicable for all the above tiers.

Leverage

Trading leverage differs depending on different trading accounts, ranging from 1:200 to 1:500, which is quite generous. High leverage typically is preferred by professional traders and scalpers, as it presents more trading flexibility. While for inexperienced traders, it is important for them to choose the proper amount that they feel most at ease, as leverage can amplify gains as well as losses.

Spreads & Commissions

Spreads are determined by trading accounts. More account balance you have, the more competitive spreads you can enjoy. The first three accounts, Basic, Premium, and Executive offers spread from 1.5 pips, 1.0 pip, and 0.5 pips, respectively, with no commission charged. While the Ultimate account, it offers competitive spreads, as low as 0.0 pips, accompanied by a certain commission.

Trading Platform

Monyxa offers its clients access to the leading MT5 Trading platform, as well as a WebTrader.

Deposit & Withdrawal

The minimum deposit is $250, and traders can make a deposit and withdrawal through Credit Card, E-wallets. Withdrawal requests take up to 8 business days to process. The time taken to receive your payment may vary depending on payment processors.

Monyxa VISA Card

Monyxa issued a virtual Monyxa VISA Card, and it says clients can pay with this card in over 42 million retailers, spending up to €10,000 per month. This Monyxa VISA Card is free, with delivery starting at €14.99. Below is the tiered plan for this card.

Monyxa

Customer Support

Monyxa only can be contacted by telephone: +1(888)344-0351.

Or you can also follow this broker on some popular social media platforms, including Facebook, Twitter, Instagram, and Youtube.

Company Address: Suite 305, Griffith Corporate Center, Beachmont, Kingstown, St. Vincent & Grenadines

Risk Warning

Online trading in leveraged Forex and CFD instruments contains a high level of risk and may not be suitable for all investors.

Please note that the information contained in this article is for general information purposes only.

Review 2

2 Comments
Write a comment
All(2) Latest Neutral(1) Exposure(1)
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong China

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com