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Monevis

Details About Monevis

Legal Name: Monevis Brokers Ltd.
Company Number: 2023-00569
Country of Registeration: LCLC
CEO: Milos
Support Mail: [email protected]
Phone: Not available
Payment Modes: Crypto, Credit/Debit Card, Revolut
Withdrawal Methods: Rise
Website: https://www.monevis.com/en
Banned Countries:AFCFCGCDCUGWIRIQKPLYMLRUSOSDSYUSVEYESS

Challenge Details at Monevis

Types of Challenges: Two Phase Challenge
Trading Platforms: Metatrader
Trading Instruments: Not disclosed
Broker: Not disclosed
Max Allocation: $500,000
Scaling: $Not available
Trading Competitions: Does not organize Trading Competitions
Free Trials: Does not offer free Trials
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About Monevis

Mevonis offers traders an exceptional opportunity to enhance their trading skills through the Monevis Challenge, providing access to up to $200,000 in virtual trading capital. Utilizing MetaTrader 5, the world's most popular trading platform, traders benefit from a licensed MT5 environment, ensuring reliability and security. With raw spreads connected to Tier-1 liquidity providers, trades are executed as if in real markets.

 

Traders can test their strategies on simulated capital through the Monevis Challenge and, upon successful assessment, transition to a funded account with potential real profits. The challenge comprises two phases: Phase 1 requires a 10% profit target, and Phase 2 a 5% target, with a maximum drawdown of 10% and daily drawdown of 5%. The profit split ranges from 75% to 85%, with a minimum of five trading days and no time limit on the challenge duration.

 

Monevis supports various trading styles, including news trading, weekend holding, scalping, and the use of expert advisors, while prohibiting high-frequency trading to maintain fairness. Payouts are facilitated through cryptocurrency and credit cards, with withdrawals processed biweekly via the partner platform, Rise.

 

Traders can enjoy seamless trading on any device with the integrated Web Trader, and flexible payment options including major cryptocurrencies and credit cards. Monevis offers a 14-day refund policy, provided no trades have been executed. The challenge fee is refundable upon the first payout after successfully passing all challenge phases.

 

With a maximum capital allocation of $500,000 per trader, Monevis caters to both novice and seasoned traders. Their commitment to a secure and compliant trading environment ensures traders can focus on honing their skills and achieving financial success.