Monix Limited Forex Broker

Monix Limited Review Summary Founded2022 Registered Country/RegionUnited Kingdom RegulationNo regulation Products / Demo Account/ Leverage/ Trading Platform/ Minimum Deposit￡50 Customer SupportLive chat WhatsApp: +44 7537 172250 Email: info@monixlimited.biz Registered address: Brookfield St, Preston PR1 1NR, United Kingdom Business address: 71-75 Shelton Street, Covent Garden, London, UK Social platforms: Facebook, LinkedInMonix Limited Information Established in 2022 in the United Kingdom, Monix Limited claims to be an investment company who serves global clients. It offers four tiered account plans with minimum starting fund from ￡50. Different account plans target different client groups with various capital capacity and experience. The higher rank the account plan, the greater returns the company commits. However, Monix Limited does not disclose much information about its trading conditions, products, etc. What's more, another fact that cannot be neglected to trade with the company is it's not being well-regulated by any official authorities so far, which degrades its credibility and trustworthiness significantly.Pros and Cons Pros Cons Multiple investment plansNo regulation Low minimum depositUnclear fee structure Live chat supportIs Monix Limited Legit? The most important factor in measuring the safety of a brokerage platform is whether it is formally regulated. Monix Limited is an unregulated broker, which means that the safety of users' funds and trading activities are not effectively protected. Investors should choose Monix Limited with caution.Investment Plan Monix Limited offers four tiered account plans, each with a higher minimum deposit and progressively increasing returns of investments over varying time periods. Investment PlanMinimum DepositMaximum DepositROISuitable for Beginner￡50￡10003% daily for 3 daysBeginners Standard ￡1000￡10,0004% daily for 5 daysNovice traders Premium￡10,000￡50,0006% daily for 5 daysSeasoned traders Ultimate￡10,000￡50,0008% daily for 5 daysHigh-net worth tradersMonix Limited Visa Card Monix Limited offers its own Visa Card, allowing cardholders to earn cash back in the form of CRO Rewards. CRO Rewards are Monix Limited's proprietary cryptocurrency tokens, which is said can be traded on the Monix Limited platform for other digital currencies or even converted into fiat currency.Deposit and Withdrawal Monix Limited accepts payment through including credit/debit card (Visa, Mastercard) and cryptocurrency (Bitcoin, Bitcoin Cash, Zcash, Litecoin, Dogecoin).