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Score
United Kingdom
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index4.43
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
Danger
Monix Limited Review Summary | |
Founded | 2022 |
Registered Country/Region | United Kingdom |
Regulation | No regulation |
Products | / |
Demo Account | / |
Leverage | / |
Trading Platform | / |
Minimum Deposit | £50 |
Customer Support | Live 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, LinkedIn |
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 | Cons |
Multiple investment plans | No regulation |
Low minimum deposit | Unclear fee structure |
Live chat support |
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.
Monix Limited offers four tiered account plans, each with a higher minimum deposit and progressively increasing returns of investments over varying time periods.
Investment Plan | Minimum Deposit | Maximum Deposit | ROI | Suitable for |
Beginner | £50 | £1000 | 3% daily for 3 days | Beginners |
Standard | £1000 | £10,000 | 4% daily for 5 days | Novice traders |
Premium | £10,000 | £50,000 | 6% daily for 5 days | Seasoned traders |
Ultimate | £10,000 | £50,000 | 8% daily for 5 days | High-net worth traders |
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.
Monix Limited accepts payment through including credit/debit card (Visa, Mastercard) and cryptocurrency (Bitcoin, Bitcoin Cash, Zcash, Litecoin, Dogecoin).
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