How to Claim the Monaxa $50 Welcome Trading Bonus

https://www.reviewbrokers.net/how-to-claim-the-monaxa-50-welcome-trading-bonus/
 Table of Contents

    Introduction
    Key Features
    Account Requirements
    How to Apply
    Withdrawal Conditions
    Additional Information
    Conclusion

Introduction
The Monaxa Welcome Trading Bonus offers a $50 No Deposit Bonus as part of its promotional package aimed at new traders who want to start trading without an initial investment. This Monaxa Welcome Trading Bonus is available to new clients from selected countries, including Malaysia, Thailand, and India.
Key Features

    Bonus Amount: $50
    Type: No Deposit Bonus (part of the Monaxa Welcome Trading Bonus)
    Eligibility: New clients from selected countries (Malaysia, Thailand, India).

Account Requirements

    Create a New Account: Open a trading account on the Monaxa platform to qualify for the Monaxa Welcome Trading Bonus.
    Complete Verification: Submit necessary identity verification documents to activate the bonus.

How to Apply

    Register: Open a new trading account on Monaxa’s platform as part of the Monaxa Welcome Trading Bonus.
    Verify: Complete the account profile with accurate details and submit identity verification documents.
    Claim: Request the $50 No Deposit Bonus through Monaxa's help desk. The bonus may take up to 48 hours to be credited to your account.

Withdrawal Conditions

    Trading Volume: To withdraw profits, you must achieve a minimum trading volume of 1 standard lot as stipulated by the Monaxa Welcome Trading Bonus conditions.
    Trade History: At least three trades (both opened and closed) are required to qualify for profit withdrawal under the Monaxa Welcome Trading Bonus.
    Profit Limits: Profits can be withdrawn within the range of $15 to $50, in line with the Monaxa Welcome Trading Bonus terms.

Additional Information

    Leverage: Maximum leverage of 1:500, potentially reduced to 1:100 during high volatility.
    Regulation: Monaxa Ltd operates under the Business Companies (Amendment and Consolidation) Act, Chapter 149 of the Revised Laws of Saint Vincent and the Grenadines, 2009.

Conclusion
The Monaxa Welcome Trading Bonus provides a risk-free opportunity for new traders to explore the financial markets and gain trading experience without an initial deposit.