For overseas forex cashback services, try Money Charger

Details of the service provider : BROKER

Characteristics of Monaxa

overview

Operating company

Monaxa Ltd

Establishment

2023

Registered address

Vincent
and the Grenadines

Financial License

Monaxa Ltd [A000001175]: No. 9 Cassius Webster Building, Grace Complex, PO Box 1330, The Valley, AI-2640, Anguilla

Financial Services Commission (FSC) of the Republic of Mauritius: License Number GB23201577

Leverage

Up to 2000x

spread

1.5 pips/USD/JPY, 0.9 pips/EUR/USD *Subject to change due to variable spread

Products handled

FX, cryptocurrencies, commodities, stocks,

Margin call

None (Zero-cut system adopted)

Japanese support

can be

Trading Tools

MT4/MT5/cTrader/PAMM

This article provides a thorough investigation into actual customer reviews and reputation of Monaxa

https://money-charger.com/information/monaxa-reputation

Strengths

  • Generous bonus campaign
  • Holds three financial licenses

weakness

  • It is still not widely known within Japan

Cashback rate (We offer the highest cashback rate in the industry!)

Standard Account

BTC/USD 5.00USD

XAU/USD 7.50USD

List of cashback amounts

ProDrive

BTC/USD 2.50 USD

XAU/USD 3.75USD

List of cashback amounts

Zero Account

BTC/USD 0.50USD

XAU/USD 0.50USD

List of cashback amounts

Cashback method

Details will be reflected in the cashback transaction history for each account number within the day following the transaction
(cashback withdrawal requests can be made within the day following the transaction).

 

Transactions ineligible for cashback:
▪︎Holding time rule
→ Transactions of 2 minutes or less are not eligible for cashback.

 

▪︎Terms and conditions when using bonuses
→ When using bonuses, transactions made with bonus funds are not eligible for cashback.

 

▪︎Terms and conditions when zero cut occurs
→ If zero cut occurs, cashback will not be applied.

How to receive cashback from Monaxa (new registration)

New registration flow

  1. Moneycha User Registration
  2. New account opening
  3. Account registration application
  4. approval
  1. Moneycha User Registration

    • Registration is required only if you are using MoneyChat for the first time. If you have already registered with MoneyChat, please proceed to the New Account Opening
    1. Access the link below to register for Money Charger:
      https://portal.money-charger.com/register
    2. Please enter your name (in Roman letters), email address, and password, then click the "Register" button
    3. A verification email will be sent to the email address you entered. Clicking the "Verify" button in the email will complete the "Moneycha User Registration" process
    • If you do not receive the email, please check that the email address you entered is correct and that it hasn't been delivered to your spam folder
  2. Open a new FX account

    By clicking the button below and proceeding with the new account creation process on the displayed screen, you can open an account linked to MoneyChat

    Monaxa's
    official page

    • Please note that if you do not select "Bonus Account" as your account type, you will not be able to receive the bonus
    • Please note that cashback will not be provided for accounts opened without clicking the button above
    • Products other than foreign exchange and precious metals are not eligible for cashback


    here for instructions on how to open a new account.

  3. FX account registration application

    1. To log in to your Money Charger My Page,
      please access the link below, enter your registered email address and password, and click the "Login" button.
      https://portal.money-charger.com/login
    2. Add a cashback account in the account management screen
      • Click the Account Management tab in the menu
      • Select Monaxa from the vendor name dropdown menu.
      • Enter the account number of the Monaxa you opened.
      • Press the Add button
    • If there are no problems with the procedure, the status will be updated to approved within one business day, and you will receive a confirmation email at the registered email address.
      If there are any issues, we will notify you by email, so please follow the instructions in the email to complete the additional procedure.

How to receive cashback from Monaxa (when switching carriers)

Transfer Flow

  1. Moneycha User Registration
  2. Open an additional account
  3. Account registration application
  4. approval
  1. Moneycha User Registration

    • Registration is required only if you are using MoneyChat for the first time. If you have already registered with MoneyChat, please proceed to the Add Account Opening
    1. Access the link below to register for Money Charger:
      https://portal.money-charger.com/register
    2. Please enter your name (in Roman letters), email address, and password, then click the "Register" button
    3. A verification email will be sent to the email address you entered. Clicking the "Verify" button in the email will complete the "Moneycha User Registration" process
    • If you do not receive the email, please check that the email address you entered is correct and that it hasn't been delivered to your spam folder
  2. Open an additional account

    If you created a VTMarkets account via MoneyChat, you can open an additional account linked to MoneyChat by clicking the button below, logging in from the displayed screen, and then creating an additional account from your My Page

    Monaxa's
    official page

    • If you already have a Monaxa account and want to link it to Monaxa Chat (switch accounts), you can change your account to one linked to Monaxa Chat by sending an email with the subject line "Additional Account Opening Request" to the official Monaxa support email address [support.jp@monaxa.com]
    • Please include the following three items in your email: ① Your email address registered with Monaxa ② Your name in Roman letters ③ Transfer IB number "43269"
    • You can also create an account linked to MoneyChat by creating a new account through MoneyChat


    here for instructions on how to open an additional account.

  3. Account registration application

    1. To log in to your Money Charger My Page,
      please access the link below, enter your registered email address and password, and click the "Login" button.
      https://portal.money-charger.com/login
    2. Add a cashback account in the account management screen
      • Click the Account Management tab in the menu
      • Select Monaxa from the vendor name dropdown menu.
      • Enter the account number of the Monaxa you opened.
      • Press the Add button
    • If there are no problems with the procedure, the status will be updated to approved within one business day, and you will receive a confirmation email at the registered email address.
      If there are any issues, we will notify you by email, so please follow the instructions in the email to complete the additional procedure.