We are pleased to introduce Monaxa, a dynamic fintech brokerage designed for traders who value speed and low latency. With a robust regulatory framework including the FSCA (South Africa), Monaxa provides a secure environment for both retail and professional traders. By partnering with FXRebate, you gain access to their advanced MT4, MT5, and cTrader platforms while earning the highest cash rebates available in the industry.
In this comprehensive Monaxa review, we will analyze their services, Standard, Pro, and Zero account types, and detail the exclusive rebate rates you can earn by trading through us.
Monaxa: At a Glance
Regulation
FSCA (South Africa),
FSC (Mauritius), SVGFSA
Min. Deposit
$15
Max. Leverage
1:1000
FXRebate
Up to $4.5 USD/lot
(Crypto/Indices)
About Monaxa: Profile and Regulation
Monaxa is a global CFD broker that focuses on providing a seamless trading experience through technology. They emphasize low spreads, fast execution, and comprehensive education.
Safety is a priority, and Monaxa operates under strict regulatory standards in multiple tier-1 and tier-2 jurisdictions.
πΏπ¦ FSCA South Africa
Monaxa (Pty) Ltd
FSP No: 53569
π²πΊ FSC Mauritius
Monaxa Ltd
Licence: GB22200780
π»π¨ SVGFSA St. Vincent
Monaxa LLC
Reg No: 2898 LLC 2023
Monaxa Account Types
Monaxa offers flexible account structures to suit beginners, scalpers, and algorithmic traders alike, with a low minimum deposit of just $15.
Standard & LTB
β No Commission
The Standard and LTB (Life Time Bonus) accounts offer stable spreads and pay rebates up to $3.5/lot on Forex and $4.5/lot on Indices/Crypto.
Pro & Zero
β Tight Spreads
The Zero account offers raw spreads from 0.0 pips. The Pro account offers ultra-low spreads with rebates up to $1.5/lot on Forex.
Monaxa Rebate Rates with FXRebate
When you connect your Monaxa trading account to FXRebate, you earn cashback on every closed trade. These funds are paid monthly into your FXRebate Wallet.
Below is the detailed rebate structure for each instrument and account type:
| Instruments | Cent | Standard | LTB (Life Time Bonus) | Pro | Zero (ECN) |
|---|---|---|---|---|---|
| Forex (all) | 3 USD cents | 3.5 USD | 3.5 USD | 1.5 USD | 0.7 USD |
| Metals | 6 USD cents | 3.5 USD | 3.5 USD | 3.5 USD | 0.7 USD |
| Commodities | N/A | 1.2 USD | 1.2 USD | 0.3 USD | 0.7 USD |
| Indices | N/A | 4.5 USD | 4.5 USD | 4.5 USD | 0.7 USD |
| Stock CFDs | N/A | 0.9 USD | 0.9 USD | 0.9 USD | 0.7 USD |
| Crypto (BTC) | N/A | 3.5 USD | 3.5 USD | 3.5 USD | 0.7 USD |
| Crypto (ETH) | N/A | 4.5 USD | 4.5 USD | 4.5 USD | 0.7 USD |
| Crypto (Others) | N/A | 0.7 USD | 0.7 USD | 0.7 USD | 0.7 USD |
| Payment Options | Monthly Rebates to FXRebate Wallet | ||||
How to Activate Your Monaxa Rebate
3 simple steps to start earning passive income from your trading volume.
Step 1: Visit
Access our dedicated Monaxa page by clicking here.
Step 2: Register
Use the “Open Account” link on that page to register a new profile.
Step 3: Add
Log in to your FXRebate dashboard and add your new account number.
Trading Platforms and Conditions
Platforms
Monaxa supports the full suite of MetaQuotes software plus cTrader:
- MetaTrader 4 (MT4): The gold standard for Forex trading and EAs.
- MetaTrader 5 (MT5): For multi-asset trading including Stocks.
- cTrader: Advanced charting and fast execution interface.
Conditions
Competitive terms for all traders:
- Leverage: Dynamic up to 1:1000
- Execution: Market Execution (No Requotes)
- Instruments: Forex, Crypto, Indices, Metals, Energies, Shares
Funding & Withdrawals
Fast and secure transactions with zero fees on most methods.
Deposit Options
- Local Bank Transfer
- Credit / Debit Cards
- Cryptocurrency (USDT, BTC)
- Sticpay
Withdrawal Options
- Local Bank Transfer
- Crypto Wallets
- Processing: Within 24 Hours
Support
- Availability: 24/5
- Methods: Live Chat, Email
Frequently Asked Questions (FAQ)
Is Monaxa safe to trade with?
Yes, Monaxa is a regulated entity. They are authorized by the FSCA in South Africa and the FSC in Mauritius, ensuring segregation of client funds and transparent operations.
What is the best Monaxa account for rebates?
The Standard and LTB accounts are typically the best for rebates on Forex ($3.5/lot), but if you trade Indices or Ethereum, you can earn up to $4.5/lot.
Can I get rebates if I opened a Monaxa account previously?
Yes. You can usually open an “Additional Account” inside your Monaxa client portal. When creating the new account, look for a field to enter an “IB Code” or “Partner ID”. Please verify the correct code on our broker page.
Maximize your trading efficiency with Monaxa and FXRebate today!
