Monaxa ─ 30% Recurring Bonus

Broker Details

Broker Name
Monaxa

Penguin Meter

Bonus Description
30% Deposit Bonus Up to $6,000

Expiry Date
On Going

Deposit Bonus Details:

Monaxa offers a 30% recurring deposit bonus for clients using the cTrader Bonus Account. Traders can receive up to $6,000 in bonus funds on deposits from $100 to $20,000. The bonus is added automatically after each qualifying deposit and boosts trading capital, though it cannot be withdrawn. For example, a $1,000 deposit gives an extra $300 in bonus, totaling $1,300 to trade.

How to acquire the bonus:

1. Open or log in to a Monaxa account.
2. Select the cTrader 30% Recurring Deposit Bonus Account.
3. Deposit at least $100 (or equivalent) to qualify.
4. Bonus is credited automatically after a successful deposit.
5. Contact support if you deposit into the wrong account by mistake.

Important things to know:

1. Maximum bonus is $6,000, based on total deposits up to $20,000.
2. Bonus is non-withdrawable, but profits and deposits can be withdrawn.
3. Any withdrawal or internal transfer removes part or all of the bonus.
4. Only one bonus account is allowed per person/device/IP.
5. Stop-out level is 20% during the bonus period.
6. Leverage may be reduced based on account equity or market conditions.
7. Using a VPS or multiple accounts may result in disqualification.
8. Bonus applies only to eligible countries and verified accounts.
9. Abusive trading strategies like arbitrage or scalping are prohibited.