After Verification:
Monyxa Is Operated Through The Website Https://monyxa.com/. The Domain Name Was Registered On October 15, 2020. At Present, The Website Has Stopped Operating And Cannot Be Accessed. It Seems That It Has Closed Down.
Since The Company's Website Is Currently Suspended And Cannot Be Accessed, We Cannot Immediately Obtain Detailed Information About The Company. Please Consider Yourself, Choose Carefully, And Pay Attention To The Risks.
As For The Supervision, It Has Been Verified That Monyxa Has Not Obtained Any Valid License At Present.
The Way You Can Contact Monyxa Is By Email: Trade@monyxa.com, Or Phone: + 44 800 041 8156.
But Most Non-compliant Brokers Will Not Disclose Providing Real Contact Information, Such As Phone Numbers Or Company Addresses.
Note:
Monyxa As A, Unregulated Broker Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated Brokers As Much As Possible When Choosing A Broker.
Here Is The General Information Found Through The Internet:
Monyxa Is An Offshore Forex Broker That Offers A Range Of Trading Assets Such As Forex, Stocks, Cryptocurrencies, Etc. Monyxa Is The Trade Name Monyxa Ltd And Is An Offshore Broker Registered In Saint Vincent And The Grenadines.
Market Tools
In Terms Of Trading Tools, 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 Stocks.
Account Types
Monyxa Offers Four Levels Of Trading Accounts For Retail And Professional Traders, Including Basic, Premium, Execution, And Ultimate.
To Open A Basic Account, You Need To Deposit At Least $250, Which Sounds Acceptable. While The Other Three Accounts Require A Higher Initial Deposit Of $2,500, $10,000 And $50,000 Respectively.
These Four Accounts Offer Different Amounts Of Bonuses, Up To 20% For Basic Accounts, Up To 30% For Premium Accounts, Up To 50% For Execution Accounts And Up To 100% For Ultimate Accounts.
In Addition, Islamic Swap-free Accounts Are Available For All Of The Above Tiers.
Leverage
Trading Leverage Varies From Trading Account To Account, Ranging From 1:200 To 1:500 And Quite Generous. High Leverage Is Often Preferred By Professional Traders And Scalpers As It Offers Greater Trading Flexibility.
And For Inexperienced Traders, It Is Important To Choose The Appropriate Amount That They Feel Most Comfortable With, As Leverage Can Amplify Gains And Losses.
Spreads And Commissions
Spreads Are Determined By The Trading Account. The More Account Balance You Have, The More Competitive The Spread You Can Enjoy. The First Three Accounts Basic, Premium And Executive Are Quoted At 1.5 Pips, 1.0 Pips And 0.5 Pips Respectively And Do Not Charge Commissions.
As The Ultimate Account, It Offers Competitive Spreads As Low As 0.0 Pips With A Certain Commission Attached.
Trading Platform
Monyxa Offers Its Clients The Leading Mt5 Trading Platform And Web Trading Platform.
Deposit And Withdrawal
The Minimum Deposit Is $250. Traders Can Make Deposits And Withdrawals Through Credit Cards, E-wallets. Withdrawal Requests Take Up To 8 Business Days To Process. The Time Required To Receive Payment May Vary Depending On The Payment Processor.
Monyxa Visa Card
Monyxa Issues A Virtual Monyxa Visa Card, Which Customers Can Allegedly Use To Pay At More Than 42 Million Retailers, Spending Up To 10,000 Euros Per Month. This Monyxa Visa Card Is Free, Shipping Starts At 14.99 Euros.
