MONAXA

FX3242764680

Unverified

Malaysia

such a scam broker i ever try.this is first time i using this broker after claim 100% bonus..just happen today before nfp release. that shit broker take eary my po around 100pips plus from my existing po..after news i add instant entry 0.10lot x 2layer and instant float 170usd/each after entry…what the shit broker manipulate price at this moment..never happen at another broker before

Noname3110

Unverified

Vietnam

Monaxa is a fraudulent platform that deliberately offers bonuses to lure investors... No matter how you trade, they will deduct profits and prevent withdrawals. I traded for a week and tried to withdraw profits, but they demanded a video holding my ID. After submitting it, they wiped out all my account profits and only returned the principal. It's a blatant scam.

_AKEEL

Authenticated

Unverified

United Arab Emirates

At first, I was frustrated when my withdrawal request on Monaxa was unexpectedly canceled. Naturally, I had concerns — but instead of jumping to conclusions, I reached out to their support team for clarity. To my surprise, the response was polite and informative. It turned out that the issue was due to an incomplete verification document on my end. Once I submitted the missing info, my next withdrawal was processed smoothly and without delays. This experience actually boosted my confidence in Monaxa. It showed that the platform takes compliance seriously — which is important for user security. Mistakes can happen, but what matters is how they’re handled. In this case, the communication was clear, and the resolution was fair. Overall, Monaxa remains a reliable broker in my experience.

Neutral

8h

رشيد السبيعي

Unverified

Saudi Arabia

Using Monaxa has been an excellent experience from the very beginning. Setting up my accounts was fast and smooth, and their copy-trading system has been a real game-changer for both me and my clients. Everyone is satisfied because deposits are processed quickly and withdrawals arrive on time—every time. What truly stands out is the professionalism of their service. My account manager is always available, supportive, and genuinely helps me grow my trading activities. Whether you're just starting your trading journey or looking to expand your forex business, Monaxa provides a reliable environment with real opportunities to succeed. I genuinely enjoy using the platform and confidently recommend it to anyone who is serious about trading.

Positive

16h

زينب عبد العزيز

Unverified

Saudi Arabia

What I truly appreciate about Monaxa is the diversity of trading tools and the consistency of low spreads. This gives traders great flexibility to confidently test different strategies. If there's one aspect that could use some improvement, it's the mobile app, which becomes less responsive during peak hours. A performance update would definitely make the experience smoother.

Neutral

Yesterday 10:22

أحمد بن محمد

Unverified

United Arab Emirates

I have been using Monaxa for a few months now, and honestly, my experience has been stable and reliable. The platform runs smoothly, trades are executed without delay, and the spreads are competitive—this makes a big difference when trading regularly. The only aspect I think needs improvement is the educational content. As someone who remembers well how confusing trading was at first, I believe providing more beginner-friendly resources—like step-by-step video tutorials or live webinars—would be very helpful. Learning from texts or FAQs alone is not always sufficient. However, Monaxa has many advantages, and I believe it has a promising future. With some additional focus on supporting new traders, it could become a leading option in the market.

Neutral

Yesterday 00:12

علي بن عبد الله

Unverified

Qatar

So far, Monaxa has proven to be a reliable broker. The platform is intuitive and easy to navigate, making it suitable for both novice and experienced traders. The spreads are usually competitive, and there is a good range of trading tools available. The trade execution speed has been stable, and deposit and withdrawal processes went smoothly in my experience. Although I haven't needed technical support much, the available resources were very helpful for getting started. Overall, Monaxa provides a stable and user-friendly trading environment. It is A promising option for anyone looking to explore the markets in a balanced and straightforward manner.

Positive

Two days ago

خالد بن إبراهيم

Unverified

United Arab Emirates

I have been using Monaxa for a while now, and overall, my experience has been very good. The platform is user-friendly, the spreads are competitive, and there is a good variety of trading tools—something appreciated by both new and experienced traders. Trade execution is mostly smooth, and I haven't faced major issues with deposits or withdrawals. However, there is one area that needs improvement: customer support. During peak times, responses can be delayed, which can be frustrating, especially when you need quick assistance amid market movements. The fast-paced market. As the platform grows significantly, providing faster and more responsive support can make a big difference. It would be great if Monaxa could expand its support team, perhaps offering a quicker live chat option, preferably in multiple languages. Such simple improvements could boost trust and elevate the overall user experience to a higher level👨‍💻

Neutral

Two days ago

FX2995228648

Verified

Japan

The withdrawal speed is a bit slow. There are occasional deposit bonuses, so I only use those, but the slippage is terrible, so I wouldn't recommend it except for the bonuses.

Neutral

08-17

Malif Azhari

Unverified

Malaysia

After 4 days waiting for my deposit to pop up but there is no coming. This broker completely ignored my ticket for days.

FX1030212007

Unverified

India

monaxa is fraud brokar mera withdrawal nahi diya isme maine deposit Kiya profit banaya lekin withdrawal nahi diya ye fraud brokar kripya isme deposit na kare aapka pesa fas jayega or withdrawal nahi dega withdrawal approve kar dega lekin aapke pas aayega nahi

FX1205119535

Unverified

Yemen

I have been trading for a year and it is the best broker.

Positive

06-29

Nurul Nurul

Unverified

Malaysia

BiG SCAMMER...old client..only got deposit ..deducted all my profit and for no reason accuse me for being abuse..dont trade with this broker

Cherrie

Unverified

Malaysia

Monaxa has some solid leverage options, which is cool if you're into that kind of thing. And their customer service is really good, they're always there to help if you need it. Overall, Monaxa's got some good things going on.

Neutral

2024-07-09

Alonso599

Unverified

Ecuador

I am happy with this broker, I got a great broker with a lot of experience who helped me generate profits. With my verified account, the withdrawal was done in a matter of minutes. We work a lot with the raw material gold, in which they provided me with great analysis and risk management.

Positive

2024-06-28

Alonso599

Unverified

Colombia

What I like is that withdrawals are very fast

Positive

2024-06-04

FX2248113605

Unverified

Malaysia

Suddenly  said i break their Rules that im multiple log in with same vps and directly deducted all my credit around 22k USD!!!! i ask for live chat service to asist me and they ask me via email to contact them but   everytime i contact them they doesnt wan to answer my email and directly deducted all my credit. since i start trade from so many month.BTW i have too much transaction tht i been trade in this broker so i just roughly took some photo.

FX3149209943

Unverified

Malaysia

22/3/2024- Deposit $5500 to Monaxa01/04/2024- $15150.04 was removed from MT4 without any notice.02/04/2024- Received a call from broker Business Development Manager. Claim that I won too much.