To open a Monaxa account, you enter your details on the registration page, complete ID verification and then choose an account. The minimum deposit is USD 15, so you can start with Standard or Cent from USD 15.
This article draws on Monaxa's official registration screen and account types page (checked 17 October 2026). It explains the steps, the documents and how to think about your first deposit. After reading, you will know what to prepare and how to proceed.
In short: opening a Monaxa account takes three stages, registration, ID verification and a deposit
- On the registration page, enter your name, date of birth, address, contact details and password
- Submit an ID document and a proof of address (the types follow the guidance on the application screen)
- The minimum deposit starts at USD 15: USD 15 for Standard and Cent, USD 50 for Pro and USD 200 for Zero
- Once verified, you can use all four accounts, and the account type can be changed later (official guidance)
- The USD 50 welcome bonus is not a no-deposit offer; it requires a first deposit of USD 25 into a dedicated account
The steps are based on the official registration screen and account types page (checked 17 October 2026). We could not confirm the accepted ID document types or the review time on the public pages. Follow the application screen and the client area display first.
How to open a Monaxa account: steps from registration to deposit
The official account types page says you can open an account in as little as 5 minutes. Registration starts from the "Sign up" button on the official site.
- 01Open the registration page
Choose individual or corporate. For an individual, select Individual Client. Also check the country of residence and the legal entity shown.
- 02Enter your profile
Enter your name, date of birth, nationality and country of residence, address, phone number and email address. You can choose Japanese as your preferred language.
- 03Set a password
On the official screen, the password must be at least 12 characters and include at least one uppercase letter, one lowercase letter, one number and one special character. It cannot reuse your profile details.
- 04Complete ID verification
Submit your ID document by following the guidance in the client area. Deposits and account use may be restricted until the review is finished.
- 05Choose an account and deposit
Choose from Standard, Pro, Zero and Cent, and decide between MT4 and MT5. Check the deposit methods and minimum amounts in the client area.
If your name, date of birth or address differ from your documents, verification can take longer. Enter the spelling of your name and your address while looking at the documents.
Monaxa ID verification and required documents: two types to prepare and photo tips
- ID document: a valid document specified on the application screen
- Proof of address: a document that shows your name and current address
- Matching details: registration information entered exactly as it appears on your documents
We could not confirm on Monaxa's public pages which document types are accepted, how recent a document must be, or how long the review takes. Give priority to the document names shown on the application screen.
- Submit an image that shows all four corners and a legible text
- Photograph the document so that glare or shadows do not hide the text
- Before submitting, check that your registered name and address match the document
- Check the review status in the client area
Monaxa minimum deposit by account type and how to choose
| Account | Minimum deposit | Spread | Commission |
|---|---|---|---|
| Standard | USD 15 | From 1.8 pips | None |
| Pro | USD 50 | From 0.9 pips | None |
| Zero | USD 200 | From 0.0 pips | USD 3.50 per lot, one way |
| Cent | USD 15 | From 1.8 pips | None |
※ Spreads are minimum values. They vary, so actual figures change with the time of day and the instrument. All four accounts support MT4 and MT5.
The official site says that once you are verified you can use any of the four accounts, and change the account type later. If you are unsure, one option is to start with a small Standard account.
Cent covers only FX and precious metals, with a maximum leverage of 1:1000. Standard, Pro and Zero offer up to 1:2000, with conditions that apply in each case. Check the registration screen and the latest terms for details.
Monaxa account types compared: spreads, commissions and minimum deposits →
The Monaxa USD 50 account-opening bonus is not a no-deposit offer
Many people search for a Monaxa account-opening bonus, and the USD 50 welcome bonus requires a deposit. Deposit USD 25 as your first deposit into the dedicated Welcome Bonus account, and USD 50 of trading-only credit is added.
| Item | Details |
|---|---|
| Eligible account | MT4 and MT5 Welcome Bonus account (USD only) |
| How it is credited | Deposit 25 USD in a single payment as your first deposit and 50 USD is credited automatically |
| Eligible clients | Verified clients aged 18 or over who have never made a deposit |
| Not eligible | Deposits into Standard, Pro, Zero and Cent |
| Trading conditions | Stop-out at 30%, dynamic leverage from a maximum of 1:500 down to 1:50 |
| Withdrawals | The bonus itself cannot be withdrawn. When you withdraw, the bonus is removed in proportion to your balance |
| Prohibited | Trading via VPS and similar. Violations can lead to cancelled profits and removal of the bonus |
Monaxa bonus conditions and withdrawal rules (including the 30% lifetime bonus) →
Four things to check before you open a Monaxa account
- Legal entity: save the entity and terms shown on the registration screen. The official site names Monaxa Ltd (Mauritius FSC registration number GB23201577)
- Name on deposits: the source of your deposit should match the name you registered
- Bonus account: its trading conditions differ from a regular account, so read the terms before depositing
- Risk: Monaxa's official site states that 79.9% of retail investor accounts lose money
Another option is to try the platform on a demo account before depositing anything. The official site offers an MT5 demo account.
Japan's FSA (Financial Services Agency) list of unregistered operators includes Monaxa Ltd (service name Monaxa, overseas), dated December 2024 (checked 17 October 2026). It is a public notice that solicitation took place without the registration required in Japan, and it is not a finding of fraud. Before opening an account, understand that Japanese trust preservation and the financial ADR scheme do not apply.
Monaxa review from official information: operator, account conditions and bonuses →
Monaxa deposit and withdrawal methods and withdrawal rules →
Frequently asked questions
Q. What documents do I need to open a Monaxa account?
A. You need an ID document and a proof of address that shows your name and current address. Follow the application screen for the document types. We could not confirm on the public pages which document types are accepted.
Q. How long does it take to open a Monaxa account?
A. The official account types page says you can open an account in as little as 5 minutes. The ID review time is not stated on the public pages, so check the client area display.
Q. What is the minimum deposit at Monaxa?
A. It is USD 15 for Standard and Cent, USD 50 for Pro and USD 200 for Zero (official account types page, checked 2 September 2026). For the minimum by deposit method, give priority to the client area display.
Q. Can I get the Monaxa account-opening bonus without depositing?
A. No. The USD 50 welcome bonus requires a first deposit of USD 25 into the dedicated Welcome Bonus account. Depositing more than 25 USD does not change the amount credited, which stays at USD 50.
Q. Can I change my Monaxa account type later?
A. The official account types page says that once verified you can use Standard, Pro, Zero or Cent, and change the account type later. The bonus-only account has separate trading conditions, so check the terms.
Sources and conditions
- Monaxa Official: Account Types (Japanese, checked 17 October 2026) →
- Monaxa Official: Home (Japanese, checked 17 October 2026) →
- Monaxa Official: Registration screen (checked 17 October 2026) →
- Monaxa Official: Bonus (Japanese, checked 2 September 2026) →
- Japan FSA: List of Unregistered Operators of Financial Instruments Business →
- Monaxa Account Types and Bonuses (this site) →
- Advertising disclosure and risk warning →
FX Textbook is an independent information site, not a broker or provider of personal investment advice. Forex and CFDs involve risk. You may lose some or all of your invested capital. No trading result is guaranteed.
NEXT STEP
Now you know the steps, check Monaxa's account conditions.
The minimum deposits and spreads of Standard, Pro, Zero and Cent, and the standing bonuses, are set out on the broker page.
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Account types, trading conditions and current offers are on each broker page.