Monaxa

The Monaxa Group is comprised of several entities which operate under the brand name, Monaxa.

Monaxa Ltd [A000001175] is registered in Anguilla, British West Indies, with a registered address at No. 9 Cassius Webster Building, Grace Complex, PO Box 1330, The Valley, AI-2640, Anguilla.

Monaxa Ltd [GBC195868] is registered and regulated by the Financial Services Commission (FSC) of the Republic of Mauritius with an Investment Dealer License, bearing license number GB23201577, with a registered address at Ground Floor, Silver Bank Tower, 18 Bank Street, Cybercity, Ebene, 72201, Mauritius.

Monaxa is committed to providing the highest level of service to its customers. In some instances, and due to regulatory or legal requirements, Monaxa is unable to provide services or accept customers from certain countries, including and not limited to Iran, Russia, Myanmar and North Korea. Customers should familiarize themselves with the FX and CFD rules applicable in their country before deciding to use Monaxa services.

PAID4X pays cashback for every new account opened with Monaxa via the registration links on paid4x.com, on all included instruments (as per the cashback table above).

Monaxa allows multiple trading styles & techniques, including, scalping, hedging & EA, without restrictions.

However, as with all brokers, Monaxa reserves the right to withhold cashback payments for clients engaging in abusive or fraudulent behavior, but this is a very rare occurrence.

Such (& other decisions) are taken to protect the integrity of the market, comply with regulations, and ensure a fair and secure trading environment for all clients. The specific violations which can lead to the withholding of cashback, or other procedures (including closing of the account), are usually detailed in the broker's terms of service.