Monix Limited

Monix Limited Information

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 and Cons

Is Monix Limited Legit?

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.

Investment Plan

Monix Limited offers four tiered account plans, each with a higher minimum deposit and progressively increasing returns of investments over varying time periods.

Monix Limited Visa Card

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.

Deposit and Withdrawal

Monix Limited accepts payment through including credit/debit card (Visa, Mastercard) and cryptocurrency (Bitcoin, Bitcoin Cash, Zcash, Litecoin, Dogecoin).