Monaxa supports copy trading
Overseas FX brokers that handle everything from automated trading to asset management
Get cashback automatically in 1 minute by using the referral link
WHY MONAXA?
Why does Monaxa continue to be chosen?
REASON 01
Supports full-fledged copy trading with cTraderCopy
Monaxa offers a full-fledged copy trading function using cTrader Copy, allowing you to follow the strategies of top master traders with a single click. It's exclusively for cCopy accounts and includes comprehensive risk management tools (follow-up lot multiplier and stop-loss settings). Brokers supporting cTrader Copy are rare among overseas forex brokers, making it a focus of attention for traders interested in automated trading and managing other people's accounts
REASON 02
Pro account with 0.9 pips and zero trading fees for a low-cost environment
Monaxa's Pro account offers a low cost environment with spreads starting from 0.9 pips and completely commission-free trading, making it competitively priced compared to other ECN accounts. With a minimum deposit of just $50, it's easy to get started, and combined with leverage up to 2,000x, it offers high capital efficiency. It's highly regarded by scalpers and day traders
REASON 03
Three platforms (MT4/MT5/cTrader) and five account types to choose from
Monaxa supports the three major platforms: MT4, MT5, and cTrader, and offers five account types: Standard, Pro, Zero, Cent, and cCopy. With Standard and Cent accounts starting from a minimum deposit of $15, cost-conscious Pro and Zero accounts, and a cCopy account specifically for copy trading, Monaxa's strength lies in its flexibility, allowing users from beginners to professionals to choose an account that suits their trading style
ABOUT
What is Monaxa?A complete guide to its basics.
Account type
Company Profile
Operating company:Monaxa Ltd
Establishedin 2023
Head Office AddressNo. 9 Cassius Webster Building, Grace Complex, PO Box 1330, The Valley, AI-2640, Anguilla
Transaction specifications
Maximum leverage:2,000x (Standard, Pro, cCopy accounts) / 1,000x (Cent account) / 500x (Zero account)
Products handled:
currency pair50+
Trading tools:MT4 / MT5 / cTrader / cTrader Copy
Zero-cutsystem in place (negative balance reset).
Japanese language supportavailable (email and chat).EVALUATION
Monaxa's strengths and weaknesses
✅ Strengths
-
✓Supports three platforms: MT4, MT5, and cTraderThis broker is one of the few in the industry that supports cTrader. It offers high-speed execution, order book information viewing, and cBots (automated trading), providing a wide range of options for both discretionary and system traders
-
✓Commission-free Pro account with spreads starting from 0.9 pipsThe Pro account offers spreads starting from 0.9 pips and no trading fees. It is highly cost-effective and competitive in terms of actual cost compared to other companies' ECN accounts
-
✓Supports copy trading (cTrader Copy)Supports copy trading using cTrader Copy. Follow the strategies of top master traders with a single click, and includes comprehensive risk management tools
-
✓You can start with a minimum deposit of $15Standard and Cent accounts have a low minimum deposit of $15, making them accessible even for beginners who want to try overseas forex trading with a small amount of capital
⚠️ Points to note
-
⚠It has a short operating history (established in 2023)As the company is relatively new, it lacks sufficient long-term experience and a solid track record. Judging its reliability will require time
-
⚠License is minorThey only hold licenses from Anguilla and Mauritius FSC. They do not hold higher-level licenses such as CySEC or FCA, so their regulatory security is limited
-
⚠The spread is slightly wider (Standard account)The spread on the Standard account is 1.8 pips or more, which is slightly wider than the industry average. If cost is a major concern, it is advisable to choose the Pro or Zero account
comprehensive evaluation
Recommended for: Traders who want to trade with cTrader, those interested in copy trading, and beginners who want to start high-leverage trading with a small amount of capital. Also recommended for intermediate traders who value the cost-effectiveness of a Pro account.
Other recommended brokers: If scalping is your top priority, we recommend HFM XS; if bonuses are your priority, we recommend BigBoss AxonMarkets.
COMPARISON
＼ You'll regret it if you don't know this ／
Register directly from the official website vs.
Register from this page
| item | Register directly from the official website.from the official website Register directly |
 If you register from this page...from this pageIf you register |
|---|---|---|
| Cashback | none | We 'll pass on the transaction costs to you!based on your transactions Rewards are given |
| Registration process | page. by Register following the instructions on the registration | It's the same amount of effort, but with cashback! |
| Terms of Transaction | same | same |
Yet,simply by registering through this page, you'll receive tens of thousands of yen in cashback every month.
Get cashback automatically in 1 minute by using the referral link
REVIEWS
Monaxa reviews and testimonials
The deciding factor was the availability of cTrader. Being able to trade while viewing order book information is a big advantage
Source: X
The Pro account's commission-free spreads starting from 0.9 pips are excellent, resulting in low effective costs
Source: X
Copy trading was easy to start. Risk management settings could also be customized in detail
Source: Review site
It was easy to try since you can start for just $15. The Japanese support was also excellent
Source: X
Since they're still a new company, I'm hesitant to entrust them with a large sum of money. I'd like to wait until they've built up a track record
Source: X
The spreads on the Standard account are wide. It's difficult to justify the costs without a Pro account
Source: Review site
HOW TO OPEN
Monaxa account opening procedure
from this page
AccessAccess from this page
You will be automatically redirected to the Monaxa official website via the Manecha referral link
Approximately 10 seconds
your personal information.
EnterEnter your personal information.
Enter your basic information such as your name, email address, and phone number
Approximately 2 minutes
Upload your identity verification documents
Submit your ID and proof of address by dragging and dropping them
Approximately 3 minutes
Deposit money
.and start trading
Transactions are possible immediately after depositing funds via credit card, bank transfer, or cryptocurrency
Immediate reflectionSee detailed instructions on opening a Monaxa account →
A complete guide with screenshots, explaining common pitfalls
Get cashback automatically in 1 minute by using the referral link
How to start using Monaxa affordably
Get cashback while trading
Register for MoneyChat via the button on this page
After registering for free, you will open a Monaxa account
Apply for your account number from My Page
If you submit your account number, it will be linked to your account for cashback eligibility
Earn cashback with every transaction
Cashback is generated based on trading volume and can be received through MoneyChat
Cashback available
By registering for Monaxa through Moneycha, you can receive cashback based on your trading activity. It's a more advantageous way to start than registering directly through the official website
Get cashback automatically in 1 minute by using the referral link
EXTRA BENEFITS
Even if you use a different service provider than Monaxa, you'll get cashback if you register with Moneycha.
MoneyChat is an overseas forex cashback service.
It supports over 25 brokersand
has a cumulative payment record of 20 billion yen.
Supports 25 vendors
Cashback available from providers other than Monaxa
Centralized management
Manage the income and expenses of all businesses with a single MoneyChat account
Five benefits you can receive by registering with Moneycha
Free support
Japanese chat support
available for troubleshooting trading and withdrawal issues.
OMEGA EA
EA, winner of the Tenkaichi Budokai, currently has
83 active players.
AI Copy Training
AI is currently trading 24 hours a day
with 56 participants.
Tenkaichi Budokai
A tournament to determine the strongest EA developer
Gacha Mission
Earn points through transactions → Receive fantastic prizes
receive benefits →
1 minute, completely free
FAQ
Frequently Asked Questions about Monaxa
Yes, it's completely free. There are no account maintenance fees either
It is pronounced "Monaxa"
Registration can be completed in as little as 5 minutes. Deposits and trading will be possible after identity verification (KYC) is completed
cTrader is a high-performance platform that supports order book viewing, high-speed execution, cBots (automated trading), and cTrader Copy (copy trading). If you are familiar with MT4/MT5, you can choose those platforms as the trading conditions will be the same
The Pro account has no commission and spreads starting from 0.9 pips, while the Zero account has a commission of $10 round trip and spreads starting from 0.0 pips. The actual cost varies depending on the trading frequency and the lot size per trade, so the Pro account may be more cost-effective for small trades, while the Zero account may be more cost-effective for large trades
You can use cTrader Copy with a cCopy account (minimum deposit of $250). This service is available for FX and precious metals
Please enter your **"Customer ID"**, which is displayed on your Monaxa My Page profile screen, rather than your MT4/5 account number
A $50 account opening bonus (no deposit required) is offered. To use the bonus, you need to open a bonus account (FTD Bonus Opt-in). A minimum trade of 1.00 lot is required to withdraw the bonus
Existing accounts may be able to be linked by sending an email to Monaxa support (support.jp@monaxa.com) with the Transfer IB number "43269" and a request to change the linked account
RELATED
Related information about Monaxa
Account Opening Guide
A complete guide to opening a Monaxa account
Leverage Explanation
Detailed explanation of Monaxa's leverage specifications
Withdrawal Guide
Monaxa withdrawal methods and troubleshooting
Bonus Information
Monaxa's latest campaign
Reviews and testimonials
Real reviews of Monaxa
Cashback details
Monaxa cashback rates and account type comparison
Warning about fake IB sites
Beware of fake Monaxa websites
Comparison with other companies
List of comparison articles between Monaxa and other companies
Start using Monaxa in the most cost-effective way.
Get tens of thousands of yen in cashback every month directly from the official source.
Complete the process in just one minute using the referral link.
Get cashback automatically in 1 minute by using the referral link