Monevis Review
Monevis Funding is cutting-edge firm that empowers traders with access to up to $100,000 in trading capital through a simple and transparent evaluation process where traders can achieve profit targets and enjoy reliable, fast payouts.
Pros
leverage upto 1:50
Account sizes up to 100 000$
Excellent Trustpilot rating
Weekly payouts
Max Capital Allocation upto $500,000
75% initial profit split and upto 85%
Weekend holding allowed
EA Allowed
Overnight holding allowed
No maximum trading days
Forex pairs,crypto pairs,commodities and indices available
Balanced Based Drawdown
Cons
3 minimum profitable days
News trading not allowed on funded
Monevis Funding, combining a user-friendly evaluation system with an environment of transparency and opportunity positions itself as a trusted partner for ambitious traders.
What To Know About Monevis Funding
Established in Slovakia in 2023, Monevis Funding has earned recognition as a Mt5-licensed prop firm committed to excellence. With CEO Milos at the forefront, the firm has crafted a groundbreaking evaluation program tailored to inspire trust and ensure transparency anchored in principles of integrity and security. Monevis provides a robust foundation for traders to thrive and achieve lasting success.
An overview of Monevis Challenge
Monevis has a unique 2-step evaluation program designed to suit all traders. The Evaluation is fair and easy to understand giving traders a chance to demonstrate their skills in exchange for access to large funds. With excellent support and a strong desire to assist the traders, Monevis Challenge acts as a first step to all the enthusiastic traders wishing to make a mark in the trading world.
Monevis Funding offers a Two-Step challenge funding solution for traders. This program includes accounts up to $100,000 with a leverage of 1:30. Once funded, traders can start trading immediately and are eligible to withdraw their profits bi-weekly or weekly.
| Account Size | Price |
|---|---|
| $5,000 | $49 |
| $10,000 | $80 |
| $25,000 | $190 |
| $50,000 | $340 |
| $100,000 | $507 |
The evaluation phase requires traders to achieve a profit target of 10% during evaluation phase 1 and 5% during phase 2, with a daily loss limit of 5% and a maximum overall loss limit of 10%. Upon passing, traders move to the funded account, where they keep 75% of profits (90% with Add-ons) they generate, with no time limit.
Monevis Challenge Rules & Parameters
Profit Target: During the evaluation phases only, a profit performance of 10% is required during phase 1 and 5% during phase 2.
Daily Loss Limit: All accounts are assigned a maximum daily loss threshold, set at 5% for all account sizes, which they cannot exceed in a single trading day.
Max Loss Limit: The maximum loss is set at 10% for all trading account sizes during the evaluation and funded stage.
Minimum Profitable Days: Traders are to trade for 3 minimum days during both phases and realising a performance 0f 0.5% profits in each of the days.
Maximum Trading Days: There are no time limits on all accounts.
Which Broker To Trade On Monevis?
payout proofs
Examples of payout proofs can be seen on images below.
What Are the Key Differences Between Think Capital and Other Prop Firms?
Monevis stands out among proprietary trading firms with its unique features and trader-focused approach. Unlike many firms, Monevis offers a distinctive 2-step challenge, providing a balanced and transparent pathway for traders to demonstrate their skills. With profit splits of up to 85%, traders enjoy some of the most competitive earnings in the industry. Additionally, Monevis ensures flexibility and convenience with weekly payouts, allowing users to access their profits faster. Traders can start with accounts of up to $100,000 and grow their potential with a maximum allocation of $500,000, offering unparalleled opportunities for scale and success. These advantages position Monevis as the premier choice for serious traders seeking growth, fairness, and flexibility.
Example of comparison between Monevis and E8 Markets (Read E8 Markets Review)
| Trading Objectives | Monevis | E8 Markets |
|---|---|---|
| Phase 1 Profit Target | 10% | 8% |
| Phase 2 Profit Target | 5% | 4% |
| Maximum Daily Loss | 5% | 4% |
| Maximum Loss | 10% | 8% (Scaleable up to 14%) |
| Minimum Trading Days | 3 Calendar Days | No Minimum Trading Days |
| Maximum Trading Period | Phase 1: Unlimited, Phase 2: Unlimited | Phase 1: Unlimited, Phase 2: Unlimited |
| Profit Split | 75% up to 85% | 80% |
Example of comparison between Monevis and FXIFY (Read FXIFY Review)
| Trading Objectives | Monevis | FXIFY |
|---|---|---|
| Phase 1 Profit Target | 10% | 10% |
| Phase 2 Profit Target | 5% | 5% |
| Maximum Daily Loss | 5% | 5% |
| Maximum Loss | 10% | 10% |
| Minimum Trading Days | 3 Calendar Days | 5 Calendar Days |
| Maximum Trading Period | Phase 1: Unlimited, Phase 2: Unlimited | Phase 1: Unlimited, Phase 2: Unlimited |
| Profit Split | 75% up to 85% | 80% up to 90% |
| Drawdown type | Balanced-Based | Trailing |
Is Getting Monevis Capital Possible?
Getting funded with Monevis is not only possible but also highly achievable, thanks to their straightforward 2-step challenge process. This structured approach, designed to fairly evaluate traders’ skills, enables aspiring professionals to secure funding without unnecessary barriers. Monevis fosters a supportive environment with access to resources and guidance aimed at helping traders succeed at every stage. Whether you’re an experienced trader or just starting out, Monevis provides an encouraging pathway to prove your capabilities and unlock significant funding opportunities. With their transparent system, you’re just a step away from growing your trading career with confidence.
Trading Platforms
Monevis with it Mt5 license proudly offers a trusted choice renowned for its advanced features and unparalleled performance. With its enhanced charting tools, comprehensive technical analysis capabilities, and integrated automated trading options, the MT5 platform equips traders with everything they need to succeed. Its support for a wide range of trading strategies and instruments ensures flexibility for both novice and seasoned traders. The platform’s licensed status adds an extra layer of reliability and security, giving users the confidence to trade with peace of mind. Monevis ensures that traders can optimize their performance using this robust and trustworthy trading solution.
Restricted Countries
Monevis restricts access in certain countries due to legal, regulatory, and financial reasons. These restrictions help ensure compliance with international laws and local trading restrictions. Some countries have specific rules or currency controls that prevent Monevis Funding from offering its services, so the firm limits its availability to stay within legal boundaries and maintain a secure trading environment. These restricted countries includes;
| Countries | |
|---|---|
| Afghanistan | Cuba |
| Central African Republic | Iraq |
| Congo (Brazaville) | North Korea |
| Congo (Kinshasa) | Somalia |
| Crimea | United Arab Emirates |
| Donetsk | Guinea-Bissau |
| Iran | Libya |
| Luhansk | Mali |
| Russian Federation | South Sudan |
| Sudan | Syria |
| United States | Venezuela |
| Yemen | |
Is Monevis the Right Choice for You?
Monevis PropFirm stands out with features like weekly payouts, fast processing times, and an impressive 85% profit split. Traders benefit from no time limits on challenges, access to the advanced MT5 platform, and flexible account sizes up to $100,000, with maximum allocations reaching $500,000. The balance-based drawdown policy adds a layer of security, ensuring a fair and transparent environment for all traders.
When deciding if Monevis fits your needs, think about your trading style and objectives. Whether you’re seeking the freedom of unlimited time, high profit retention, or scalable account options, these features cater to both beginners and experienced traders. If flexibility, speed, and customized opportunities align with your goals, Monevis can be an excellent choice for your trading career.
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