Monaxa
Company Background
The company does not provide any information about its launch date, key development milestones, or details about the project managers. According to the broker, it has two management companies: one registered in Anguilla, British West Indies, under number A000001175, and the other registered in the Republic of Mauritius under number GBC195868. In terms of regulation, the second firm is licensed by the FSC under number GB23201577.
In our Monaxa review, we will examine the activities of this platform broker and draw conclusions about its reliability.
Overview of Services and Trading Terms
The brokerage company offers trading instruments such as CFDs on stocks, cryptocurrencies, futures, etc. You can work with Monaxa in accordance with the requirements of one of four pricing plans. The broker advertises four platforms to users: CTrader, MT4/5, cTrader Copy.
You only need to deposit $15 to start trading. You can use leverage of up to 1:1000, which serious regulators limit to 1:30. As for spreads, they vary at Monaxa depending on the account type, starting at 0.0/0.9/1.8 pips, with no upper limit specified.
Additionally, you can copy the trades of successful traders in the copy trading system, as well as invest your capital in a PAMM strategy. Communication is available via online chat and the broker’s accounts on several social networks.
Referral and Bonus Schemes
The website opens with a bonus offer. Monaxa advertises the following reward rates: 100% on deposits up to $500, 30% on investments up to $1,000, and 30% on deposits from 1,001 to $20K.
The Monaxa affiliate program is designed for introducing brokers. Participants will receive the necessary marketing materials, bonus plans, several referral links, and flexible payments. As you can see, there are no specific parameters for calculating commissions. You will probably have to contact the managers for clarification.
In addition, private clients can earn money by promoting the company’s paid training courses. The broker promises to pay teachers $20 and $20 on a six-level commission plan.
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FAQ
Is there any income guarantee when trading with monaxa.com?
What sum is necessary to begin dealing with Monaxa?
What deposit and withdrawal methods are available?
Is monaxa.com a legitimate website?
Is it like roulette with no guarantee of earning money?
Overall Score
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1 review18.07.2025 10:46I laugh so I don't cry
I decided to check my account on this broker’s platform, but the page was blank. Customer support never answered my question about where my $1,750 had gone. My hard-earned money turned into virtual dust. Bravo, crooks, bravo!
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1 review03.07.2025 20:34Huge commissions
The managers promised easy access to my funds at any time, but when I wanted to withdraw some of the funds, I was informed about a new withdrawal fee that was not mentioned when the contract was signed. My attempts to discuss this situation with Monaka employees resulted in my account being blocked.
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1 review02.07.2025 06:14These scammers stole $2k from me
Now I’m complaining to all possible authorities, but there’s almost no chance of getting my money back
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1 review01.07.2025 15:18My desire to make a quick buck played a cruel joke on me
I transferred more than €1,500 to develop my portfolio, but for some reason, it didn’t reach my PAMM account at Monaxa. My bank’s security service said that there was practically no chance of getting the money back… It was my hard-earned money.
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1 review24.06.2025 21:26Fraud!!
MONAXA is a typical crypto scam!! I topped up my balance on this brokerage site, and after a short period of time, the money simply disappeared from my balance!!!
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1 review19.06.2025 19:31It's offshore, so the conditions here are much better
I recently became a trader on monaxa.com, and this site caught my attention with its many offers. In addition, orders are executed instantly, all quotes are accurate, deposits and withdrawals are fast, and there are many tools available.
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1 review18.06.2025 02:50This broker is a major scammer
I’ll tell you right now – avoid working with this project. This fake broker scammed my friends and ran a scam on me. It restricted my access to my personal account and blocked my account, which had about a thousand dollars in it. Monaxa simply automatically disconnected me from the trading platform and did not allow me to trade. In other words, they simply stole my deposit, and that’s it!! This is a lot of money for me. I am currently trying to get my money back, but so far without success
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1 review11.06.2025 23:39This broker does not live up to expectations
It’s a scam, the most common kind. MONAXA cheated me out of $873. Is it okay to block a client’s account for no reason? They just abandoned me, that’s all. I thought there was some kind of system failure, that they would carry out technical work and access to my account would be restored. However, no one provided me with a login to access my account. The crooks simply deleted my account, and that was it. They simply took advantage of my trust and took my money. I have already sent a bunch of requests to monaxa.com to unblock my account, but there was no response
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1 review09.06.2025 00:25I lost all my investments in copytrading
My complaints lead nowhere, and my requests are ignored. MANAXA is a huge disappointment and a lesson for the future — never to deal with such scammers again.
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1 review04.06.2025 19:21Excellent support
I tried using various brokerage sites, but monaxa.com suited me best. It often happens that a broker’s support service starts helping you and then redirects you to another employee. Meanwhile, one employee helped me from start to finish when I contacted MONAXA.
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1 review01.06.2025 12:18Terrible experience
I do not recommend this company to anyone. I invested about 700 USDT in this project. However, MONAXA debited the entire amount from my account without my knowledge after a month of work, and access to the platform was completely restricted
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1 review27.05.2025 09:47They are scammers and thieves
They can build castles in the air for you! First they smile, offer favorable terms, and then, like a cold shower: “Sorry, you’re out of money.” Why did it all end? Who will be responsible for this? I understand that my $5,700 is not my whole life, but it is my honestly earned money! These scammers from Monaxa don’t even try to explain what happened. It’s a terrible disgrace.
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1 review26.05.2025 17:11I am satisfied with the support
I had a minor conflict regarding a transaction on monaxa.com, but even though I lost a little money, about $18, I wanted to find out the reason for it. The staff explained everything to me adequately, they figured out where I needed to set the stop loss… and proved whose fault it was.
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1 review20.05.2025 04:35I regret ever trusting this broker
My mistake of investing £3,000 turned into a life lesson
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1 review18.05.2025 21:47Don't trust them!
I invested $630 in the copy trading system, but all the signals were unprofitable. As a result, all my money is gone! My advice: if you see this brand, run away!
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1 review18.05.2025 21:29The company operates honestly
I placed part of my free funds on monaxa.com and part on another (non-offshore) site. Overall, I am satisfied with how things are going at the moment. As for the conditions, everything is as stated. I trade cryptocurrencies and CFDs with this broker, but their product line meets the needs of any trader and investor. I would note that the number of deposit and withdrawal methods here leaves something to be desired, but that is the only downside for me
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1 review11.05.2025 15:37It was the worst decision of my life
I invested approximately $8,600 in a PAMM account, believing in their “reliable investments.” And what was the result? I was left with nothing!
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