monaxa.

com

100% DEPOSIT BONUS

UP TO $300
TERMS & CONDITIONS

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MONAXA 100% DEPOSIT BONUS UP TO $300

Terms & Conditions

1. General Terms
a. By opening a trading account and applying for this Offer the client acknowledges and accepts
the terms of use of this offer and is bound to the “Terms of Business of MONAXA”.
b. This Offer applies only for New and Existing Clients of the Company who open an account
(under selected IB networks & pre-qualified Clients) and deposit through www.monaxa.com
within the promotion period (3rd July - 1st August 2023).
c. This Offer applies only to the Client(s) residing in Malaysia.
d. The client will be eligible to receive the “100% Deposit Bonus up to $300” (or currency
equivalent) on their NEXT CONSECUTIVE DEPOSITS of minimum 50 USD or/and maximum of
300 USD (or currency equivalent) on MT4 Standard Account only during the promotion period.
e. In order to be eligible for this Offer, the Client must comply with all the following requirements:

i. the Client must act in good faith in applying for this Offer;
ii. the Client must not be an employee of MONAXA;
iii. the Client must be above 18 years of age or otherwise above legal age in their country
of residence;
iv. the client must have their account validated before applying for this Offer;
v. the Client must never have participated in any Abusive Behavior as defined in “Terms
of Business of MONAXA”;
vi. the Client must not be associated or working in partnership with any person who has
participated in Abusive Behaviour;
vii. the Client does not participate in any abusive, improper conduct, or attempted abuse
or improper conduct in relation to this Offer.

2. Condition
a. This offer is limited only to one (1) MT4 Standard Account type per profile holder and per one
(1) unique IP address. Multiple registration for the same IP address are not permitted with the
same personal details.
b. The Monaxa 100% Deposit Bonus up to $300 (or currency equivalent) only applies to MT4
Standard Account holders with any available base currencies (USD/EUR/GBP) after opt-in for
the bonus offer via Monaxa Portal.

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c. Any Client(s) that wish to claim the Monaxa 100% Deposit Bonus, must express their interest
to participate in the bonus offer by opting-in their MT4 Standard Account ONLY via the Monaxa
Portal.
d. The maximum leverage set for the MT4 Standard Account is 1:1000. During a high volatility
period, leverage will be changed to 1:100 for the Company to protect both parties during
uncertainties without prior notice to the affected Client(s). Please refer the equity-based
leverage table below for account with credit bonuses;-

Equity (USD) Leverage

$0 $499.99 1,000

$500 $4,999.99 500

$5,000 $19,999.99 200

$20,000 Unlimited 100

e. By participating in the deposit bonus offer, clients acknowledge and agree to be bound by a
new Stop Out level of 45%. This means that if the equity in the client's account falls below 45%
of the required margin, the client's positions will be automatically closed by the system. The
new Stop Out level will remain in effect for the duration of the deposit bonus offer, unless
otherwise notified by the Company.
f. If the Client(s)’ data for the Monaxa 100% Deposit Bonus corresponds with the existing
registration and/or trading information, including but not limited to IP address of another Client
in the Monaxa 100% Deposit Bonus, the Company reserves the right to regard this matching as
a reason for immediate disqualification.
g. The client will be eligible to receive the Monaxa 100% Deposit Bonus on their NEXT
CONSECUTIVE DEPOSIT up to a MAXIMUM of 300 USD (or currency equivalent) during the
promotional period.
h. Please note that in isolated cases, it may take up to 48 working hours after the deposit made
before the Monaxa 100% Deposit Bonus up to $300 (or currency equivalent) is added to the
Client's MT4 Standard Account after the successful deposit.
i. Please note that any granted Monaxa 100% Deposit Bonus cannot be transferred between or
from the Client(s)’ opted-in MT4 Standard Account with the Company. However, Client(s) may
perform transfer in from the available balance in their other trading account into the opted-in
MT4 Standard Account.
j. If Client(s) wishes to perform a transfer out (transferring profit or deposited amount) from the
opted-in MT4 Standard Account to their other trading account within the Company, Client may
perform such request via the Monaxa Portal and any transfer out made from the opted-in MT4
Standard Account will result in proportionate bonus removal on the granted bonus and once it
is removed from the trading account, the removed bonus cannot be retrieved at all costs.

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k. This offer can only be claimed for a period of 30 days from the date of launching.
l. All bonuses will expire within one (1) month of issuance for each issuance until the maximum
bonus amount has been depleted AND/OR by the 1st of September 2023 and will be removed
automatically from Client(s)’ opted-in MT4 Standard Account.
m. The Monaxa 100% Deposit Bonus will be removed if at any stage the equity of the clients
account reaches the stop out level set in the account types specifications to prevent the client
from entering a negative equity scenario and after the bonus promotion period ends. In these
circumstances the Company shall not be liable for any consequences of the Monaxa 100%
Deposit Bonus cancellation, including, but not limited to, order(s) closed by Stop Out.
n. The Company reserves the right, at its sole discretion:

i. to decline registration of any Client from the Monaxa 100% Deposit Bonus
ii. to disqualify any Client from the Monaxa 100% Deposit Bonus who attempts to tamper
or breach these terms and conditions and/or the Terms of Business.
iii. to discontinue the offering of the Monaxa 100% Deposit Bonus to any of its clients
without having to explain the reasons. Affected clients will be notified via email.
iv. to terminate the Monaxa 100% Deposit Bonus if the trading activity involves High
Trading Frequency / scalping or any indication or suspicion of abusive behavior as
stated in clause 2(o).

o. Suspicion or Abusive Behavior, includes the following (at the Company’s sole discretion):

i. the Client, by himself or acting with others (including an Introducing Broker), constructs
a trading position or positions which have the purpose or effect of extracting the credit
provided, and/or the profits generated by the Monaxa 100% Deposit Bonus, without
exposure to economic risk, including without opportunity of losing the Monaxa 100%
Deposit Bonus or the Client’s profit generated;
ii. the Client hedging his positions including, without limitation, by holding open
position(s) on the opposite of a trade, including, by way of illustration only, through use
of a single or correlated currency, at given periods, internally (using other trading
account(s) held within MONAXA) or externally (using other trading accounts held with
other brokers); and
iii. any form of arbitrage (including but not limited to risk free profiting), abuse (including
but not limited to client's trading activity patterns that indicate that the participant
solely aims to benefit financially from the Monaxa 100% Deposit Bonus without being
genuinely interested in trading in the markets and/or taking market risk), scalping / high
trading frequency, fraud, manipulation, cash-back arbitrage connected to a Bonus or
any other forms of deceitful or fraudulent activity, will nullify all previously credited
Monaxa 100% Deposit Bonus of the Client’s live trading accounts with the Company
and/or any and all transactions carried out and/or profits or losses garnered therein. In

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these circumstances, the Company reserves the right, at its sole discretion to
close/suspend (either temporarily or permanently) all such Client’s live trading
account(s) with the Company, cancel all orders and annul all profits of such clients(s).
In these circumstances, the Company shall not be liable for any consequences of the
Monaxa 100% Deposit Bonus cancellation, including, but not limited to, order(s) closed
by Stop Out.
iv. if in any case MONAXA identifies any trading activity from a bonus participant(s) that
may potentially breach the Terms of Business of MONAXA and/or terms of use of
this offer and or Terms and Conditions imposed by Monaxa’s Liquidity Provider; and
v. if MONAXA identifies a same trade entered at the same time of entry, it will be
considered a breach of the Terms of Business of MONAXA and/or terms of use of this
offer and or Terms and Conditions imposed by Monaxa’s Liquidity Provider.
Furthermore, it is noted that only one trader can purchase a specific volume amount.

p. This bonus Offer cannot be combined with any other bonus Offer by the Company in the same
MT4 Standard Account type. If the Client wishes to opt-in for another bonus Offer, the Client
must open a different MT4 Standard Account and opt-in to the other specific bonus Offer.
q. No IB fees/rebates are paid for trading on trading credit bonus.

3. Withdrawal
a. Only profit and deposited amount from trading on the Monaxa 100% Deposit Bonus may be
withdrawn anytime.
b. In the event of withdrawal, upon receiving any amount of withdrawal request, Company will
remove the granted bonus proportionally from the requested amount based on the available
balance.
c. Client(s) may request to withdraw any amount from their available balance (excluding credit
bonus) from the trading account via available methods as shown in the Monaxa Portal.

4. Termination
a. Clients may opt-out from the Monaxa 100% Deposit Bonus any time they wish and a request
must be submitted via email to support@monaxa.com or open a ticket from the Monaxa Portal.
b. The Company reserves the right to alter, amend or terminate the Monaxa 100% Deposit Bonus
or any aspect of it at any time. Prior notice of such changes will be given to affected clients via
email and/or website.

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5. Notice
This document is prepared and executed in English and if translated into a language other than English
for any purpose, the English version shall in all events prevail and be paramount in the event of any
differences, questions or disputes concerning the meaning, form, validity, or interpretation of these
Terms and Conditions.

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THANK YOU