Abstract:Monzaee Capital is an offshore-regulated broker that provides traders access to various opportunities across global financial markets, including currencies, metals, indices, and commodities. The broker offers up to 1000x max leverage, a demo account, and 24/7 support services. The minimum spread is as low as 0.0 pips. Traders can also access the popular MetaTrader trading platform through Monzaee Capital.
Monzaee Capital Review Summary | |
Founded | 2023-11-26 |
Registered Country/Region | Saint Lucia |
Regulation | Offshore regulated |
Market Instruments | Currencies/Metals/Indices/Commodities |
Demo Account | ✅ |
Leverage | Up to 1:1000 |
Spread | From 0 pips (Standard account: 4 pip) |
Trading Platform | MT5 (iOS/Android/Windows), MT4, cTrader (Mobile) |
Min Deposit | $0 |
Customer Support (24/7) | Phone: +97143812000 |
Email: info@monzaeecapital.com | |
Instagram/Facebook/Twitter/YouTube/LinkedIn | |
Live chat |
Monzaee Capital is anoffshore-regulated broker that provides traders access to various opportunities across global financial markets, including currencies, metals, indices, and commodities. The broker offers up to 1000x max leverage, a demo account, and 24/7 support services. The minimum spread is as low as 0.0 pips. Traders can also access the popular MetaTrader trading platform through Monzaee Capital.
Pros | Cons |
MT4/MT5 available | Offshore regulated |
24/7 customer support | High max leverage |
Spread as low as 0.0 pips | No deposit and withdrawal information |
Demo account available | No swap free account |
Various tradable instruments |
AOFA regulates Monzaee Capital with license number L15661/MC. The License Type is Retail Forex License. However, the 'offshore regulated' current status is less safe than a regulated one.
Monzaee Capital offers various market instruments, including currencies, metals, indices, and commodities.
Tradable Instruments | Supported |
Commodities | ✔ |
Indices | ✔ |
Currencies | ✔ |
Metals | ✔ |
Forex | ❌ |
Stocks | ❌ |
Shares | ❌ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
Monzaee Capital has four live account types: standard, premium, supreme, and raw ECN. Traders who want low spreads and leverage can choose a raw ECN account, while those with a small budget can open a standard account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.
Account Type | Standard | Premium | Supreme | Raw ECN |
Leverage up to | 1:500 | 1:500 | 1:400 | 1:300 |
Spread | 4 pip | 3 pip | 2 pip | Raw Spread |
Minimum Deposit | No | $100 | $500 | $5000 |
Stop out | 0% | 20% | 40% | 50% |
The spread starts from 0.0 pips. The lower the spread, the faster the liquidity.
The maximum leverage is 1:1000 meaning that profits and losses are magnified 10000 times.
Traders can conduct financial activities in MT5 available in iOS, Android, and Windows through Monzaee Capital. Traders with rich experience are more suitable for using MT5 with various trading strategies and EA systems. Traders can also download MT4 and cTrader on mobile devices.
Trading Platform | Supported | Available Devices | Suitable for |
MT5 | ✔ | iOS/Android/Windows | Experienced traders |
MT4 | ✔ | Mobile | Junior traders |
cTrader | ✔ | Mobile | All |
Regulatory compliance, transparency, and trustworthiness should always come first when we choose a forex broker. Unfortunately, many traders fall victim to unregulated brokers or poorly monitored platforms that put their funds at risk. In this article, we’ll highlight several brokers with low WikiFX scores and serious complaints from traders worldwide. If you’re looking for a safe trading environment, you should be extremely cautious with the following names.
Failed to receive unlimited leverage as promised by QuoMarkets? Witnessing higher slippage and a subsequent drop in your trading account balance? Does the forex broker withhold your profits? These have become typical of the way QuoMarkets runs its operations. In this article, we have exposed the forex broker on all these points. Keep reading different QuoMarkets reviews.
Have you gone through a scam in your forex trading account balance with Nostro? Do you witness constant server downtime and losses thereafter? Has the customer support team been unresponsive to your queries? Many forex traders have faced these issues and therefore criticized the broker on review platforms. In this Nostro review article, we have pointed out their specific concerns that were not addressed by the India-based forex broker. Keep reading!
Galileo FX is a trading robot that runs on platforms like MetaTrader 4 and MetaTrader 5. Check its regulation and decide if it’s a good choice for your investment or not?