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Monaxa

Tradomatix TrustScore™:

3.91

(130 Reviews)

5-star

65.38%

4-star

8.46%

3-star

0.77%

2-star

2.31%

1-star

23.08%
Replied to 28.46% of reviews
Typically replies within 154.86 hours

About Monaxa

Monaxa provides online trading across forex, indices, commodities, stocks, futures and cryptocurrencies using the MetaTrader 4 and cTrader platforms on desktop, web and mobile devices. Clients can trade over 65 currency pairs and a diverse range of CFD instruments from one account.

Regulation & Security

Account and setup begin with standard identity and address verification and applicants may choose between multiple live account tiers including a low-entry style account from approximately USD 15 and higher entry accounts with tighter spreads.

Account and Setup

Funding is arranged via bank transfers, cryptocurrencies and e-wallet services; processing times and fee structures are not comprehensively disclosed.

Funding Options

The broker supports automated trading on the MetaTrader 4 platform enabling deployment of Expert Advisors and custom indicators within its trading environment.

Bot & API Compatibility

Trading conditions include minimum deposits from around USD 15 for entry-level accounts, leverage that may range up to 1:2000 or higher in non-regulated entity segments, and support for hedging, copy trading and scalping strategies; however spread, commission, margin call and stop-out levels require careful review of detailed terms.

Trading Conditions& Restrictions

Monaxa Reviews

( 130 )

Monaxa Reviews

( 130 )

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