Monaxa is an offshore forex and CFD broker based in Mauritius. The contracting entity is Monaxa Ltd, registered with the Mauritius Financial Services Commission under registration number GB23201577, and the official site offers a Japanese-language site and live chat (checked 26 September 2026). Searches for Monaxa review or Monaxa reputation turn up many posts that do not state the contracting entity, account type or period, so you cannot tell whether they apply to your own account.
This article organises only what can be confirmed on Monaxa's official site (company overview, account types, support and copy trading pages) and the bonus terms we reviewed, in the order of company and contracting entity, points raised in reviews against confirmable facts, account types, bonuses, copy trading and steps to check before opening an account. It does not guarantee safety, withdrawals or trading results, and the figures and terms shown at registration and in the current rules take priority.
In short: judge Monaxa's reputation on contracting entity, account terms, bonuses and support
- Contracting entity: Monaxa Ltd, registered with the Mauritius Financial Services Commission under registration number GB23201577. The official site states client funds are segregated with Tier-1 banks (conditions apply; check the terms)
- Account terms: Standard, Pro and Cent open from USD 15-50, Zero from USD 200. Maximum leverage 1:2000 (1:1000 for Cent), margin call (stop loss) at 50% and stop out at 20%
- Bonuses: two standing offers - a Lifetime Bonus that credits 30% of each deposit (capped at USD 6,000) and a Welcome Bonus that credits USD 50 for a USD 25 deposit
- Support: live chat runs 24 hours, five days a week (Max AI and staff), with a Japanese-language site and live chat (check the chat's language after opening an account)
Monaxa's official home page states that 79.9% of retail investor accounts lose money (checked 26 September 2026). Before weighing reviews, it is worth understanding the risk of leveraged trading itself.
Monaxa is an advertising partner of this site, and we receive referral commission on accounts opened through our links. This article organises official information and does not guarantee safety, withdrawals or trading results. The figures and terms shown at registration and in the current terms take priority.
Monaxa safety: company details and the contracting entity, Monaxa Ltd (Mauritius)
The contracting entity is Monaxa Ltd (the entity and terms shown at registration take priority), registered with the Mauritius Financial Services Commission (FSC) under registration number GB23201577 (our broker page, source https://www.monaxa.com/ja/account-types/, confirmed 2 September 2026). The official site states that client funds are segregated with Tier-1 banks, though the applicable terms should be checked for details.
The entity, registration number and risk warning that apply to your account are shown at registration and in the footer. Save them when you open an account so you can check the terms that apply later.
Points often raised in Monaxa reviews, and what official information confirms
The table pairs points commonly raised about Monaxa on review sites and social media with what the official pages confirm. Individual experiences cannot be verified, so this site does not rely on them.
| Review topic | What official information confirms | Where to check |
|---|---|---|
| Can start small | Standard, Pro and Cent open from USD 15-50, and Zero from USD 200 | Official account types page |
| Spreads and commission are clear | Standard and Cent from 1.8 pips with no commission, Pro from 0.9 pips with no commission, Zero from 0.0 pips with USD 3.50 round trip per lot | Official account types page |
| Leverage is high | Maximum 1:2000 (1:1000 for Cent); conditions apply, so check the terms | Official account types page |
| Withdrawals go smoothly | The official home page shows an auto-approved withdrawal rate of 85%, but processing times, fees and limits are not stated uniformly; clients are directed to the Funds menu inside the Monaxa portal | Official home page and deposits/withdrawals page |
| Plenty of bonuses | Two standing offers: the 30% Lifetime Bonus and the USD 50 Welcome Bonus | Official bonus page |
| Support is solid | Live chat 24 hours, five days a week (Max AI and staff), plus email and phone, with a complaint form the company aims to answer within 48 hours | Official support page |
| Japanese support is available | A Japanese-language site and live chat (check the chat's language after opening an account) | Official site |
- Does the review state the contracting entity, account type and period? Without them you cannot tell whether it applies to your own account
- Read reviews carrying referral links as coming from a party paid for referrals (this site is in the same position)
- In the end, check the official account types page, support page and terms yourself
Monaxa account types: comparing Standard, Pro, Zero and Cent
| Account | Spread | Commission | Minimum deposit | Maximum leverage | Platforms |
|---|---|---|---|---|---|
| Standard | From 1.8 pips | None | USD 15 | Up to 1:2000* | MT4, MT5 |
| Pro | From 0.9 pips | None | USD 50 | Up to 1:2000* | MT4, MT5 |
| Zero | From 0.0 pips | USD 3.50 round trip per lot | USD 200 | Up to 1:2000* | MT4, MT5 |
| Cent | From 1.8 pips | None | USD 15 | Up to 1:1000* | MT4, MT5 |
※ *Maximum leverage can change under the terms and at registration. Margin call (stop loss) is 50% and stop out is 20% across Standard, Pro, Zero and Cent (official account types page, confirmed 2 September 2026). Zero-cut (negative balance protection) is listed on the official page as subject to conditions; check the terms for details (checked 26 September 2026).
Standard and Cent, which allow EAs and scalping under the terms, suit traders who want to start small. Cost-conscious traders can compare Zero's commission-inclusive pricing against Pro's tighter spread. Note that these permissions do not extend to the dedicated bonus accounts covered later in this article.
Monaxa bonuses: the 30% Lifetime Bonus and the USD 50 Welcome Bonus
Of Monaxa's standing bonuses, this site covers the two listed on the Japanese page (check the official page for offers limited to specific countries). Full conditions and withdrawal rules are covered in our companion article; here are the key points.
- Lifetime Bonus: credits 30% automatically on every deposit or internal transfer into the dedicated Lifetime Bonus account (USD-denominated MT4/MT5 only), capped at USD 6,000 in total
- Welcome Bonus: credits a fixed USD 50 when you make a first deposit of USD 25 in a single transaction into the dedicated Welcome Bonus account (USD-denominated MT4/MT5 only); it is not a no-deposit bonus
- Both bonus accounts carry a 30% stop out level, dynamic leverage of up to 1:500-1:50, and prohibit VPS trading
- Deposits into Standard, Pro, Zero or Cent do not qualify for either bonus
Monaxa copy trading: follower and master conditions
Followers can select a master trader and automatically copy their trades, starting or stopping at will. The official copy trading page (checked 26 September 2026) sets out the minimum amounts and how rewards work.
| Item | Follower | Master |
|---|---|---|
| Minimum amount | USD 15 (typically USD 100 or 1,500 USC equivalent) | Initial deposit of USD 100 or 10,000 USC |
| Role | Choose a master and start or stop copying at will | Sets their own profit-share rate and earns a reward based on followers' results |
| Ranking eligibility | Not applicable | Must open a copy trading account and start trading after the first deposit; ranking considers track record, profitability, risk-management parameters and follower count |
The official copy trading page states: CFD products are complex and carry a high risk of loss due to leverage. 79.9% of retail investor accounts lose money trading on this platform. This applies to copy trading as well as manual trading.
Steps to check before opening a Monaxa account
- 01Confirm the contracting entity at registration
Save the entity name (Monaxa Ltd), registration number (GB23201577) and risk warning shown at registration and in the footer.
- 02Choose an account type
Decide between Standard, Pro, Zero and Cent based on how much you want to deposit and how you think about spreads versus commission.
- 03Complete identity verification
Submit the documents required by the portal and enter your name and address exactly as they appear on the documents.
- 04Check the bonus terms before funding a dedicated bonus account
The Lifetime Bonus and Welcome Bonus accounts are separate from Standard, Pro, Zero and Cent, and carry their own stop out level and trading restrictions.
- 05Check deposit and withdrawal methods inside the Monaxa portal
Monaxa does not publish a uniform table of methods, fees or limits; check the Funds menu inside the portal after opening your account.
Basic items to check when comparing brokers (beginner guide) →
Frequently asked questions
Q. How should I judge Monaxa's reputation?
A. Do not rely on reviews alone. Use what the official site confirms: the contracting entity (Monaxa Ltd, registered with the Mauritius FSC under GB23201577), account terms (spreads, minimum deposits and maximum leverage for Standard, Pro, Zero and Cent), the two standing bonuses covered here (the 30% Lifetime Bonus and the USD 50 Welcome Bonus) and support (live chat 24 hours, five days a week), all as confirmed on 26 September 2026.
Q. How can I check Monaxa's safety?
A. Monaxa's contracting entity is Monaxa Ltd, registered with the Mauritius Financial Services Commission under registration number GB23201577. The official site states client funds are segregated with Tier-1 banks, though the applicable terms should be checked for details. Start your safety check by confirming the entity name and registration number shown at registration and by logging in only through the official domain (monaxa.com).
Q. What is Monaxa's minimum deposit?
A. Standard and Cent open from USD 15, Pro from USD 50, and Zero from USD 200 (official account types page, confirmed 2 September 2026). The dedicated Lifetime Bonus and Welcome Bonus accounts have their own deposit conditions.
Q. Does Monaxa offer bonuses?
A. Yes. Two standing bonuses run at all times: a Lifetime Bonus that credits 30% of every deposit (capped at USD 6,000 in total) and a Welcome Bonus that credits a fixed USD 50 for a USD 25 first deposit. Both require a deposit into a dedicated bonus account; deposits into Standard, Pro, Zero or Cent do not qualify.
Q. Can I copy trade with Monaxa?
A. Yes. Followers choose a master trader and automatically copy their trades, with a minimum of USD 15 (typically USD 100 or 1,500 USC equivalent). Masters need an initial deposit of USD 100 or 10,000 USC. The platform's official risk notice states that CFD products are complex and that 79.9% of retail investor accounts lose money.
Q. How long do Monaxa withdrawals take?
A. The official home page shows an auto-approved withdrawal rate of 85%, but Monaxa does not publish a uniform table of processing times, fees or limits. Clients are directed to check the Funds menu inside the Monaxa portal after opening an account.
Q. Does Monaxa offer Japanese support?
A. Yes. There is a Japanese-language site and live chat (check the chat's language after opening an account), staffed 24 hours a day, five days a week by Max AI and support staff. Email (support@monaxa.com) and phone (+230 260 4800) are also available, and complaints submitted through the form are expected to receive a response within 48 hours.
Sources and conditions
- Monaxa official: account types (Japanese, confirmed 2 September 2026) →
- Monaxa official: home page (Japanese, confirmed 26 September 2026) →
- Monaxa official: support (Japanese) →
- Monaxa official: copy trading (Japanese) →
- Monaxa official: deposits and withdrawals (Japanese) →
- Monaxa account types and bonuses (this site) →
- Advertising disclosure →
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
Once you have checked the company and account terms, see Monaxa's bonuses and how to open an account.
Standard, Pro, Zero and Cent terms, the two standing bonuses covered here and the account-opening steps are on the broker page.
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Account types, trading conditions and current offers are on each broker page.