Monaxa in Malaysia: who you actually contract with
An independent look at Monaxa for traders in Malaysia: the entity behind the brand, what its published licence covers, and where each answer actually lives.
Open an FxPro account →Monaxa is an offshore CFD broker. Monaxa Ltd is registered in Anguilla under A000001175, and the group lists a Mauritius FSC Investment Dealer licence, GB23201577. It publishes four account types from a $15 minimum, MetaTrader 4 and MetaTrader 5, six asset classes and leverage of up to 1:2000 on low-volatility instruments. It holds no Securities Commission Malaysia licence. Entity, licence and account details as published on monaxa.com and read on 15 September 2026.
Key Monaxa account facts
- Four account types — Standard, Pro, Zero and Cent — as published on monaxa.com and read on 15 September 2026
- Entry threshold of $15 and a cent account, so position sizing can start small
- Both MetaTrader 4 and MetaTrader 5, with the same six asset classes on either terminal
The four Monaxa account types at a glance
| Account | Platform | Spread from | Commission | Best for |
|---|---|---|---|---|
| Standard | MetaTrader 4 / MetaTrader 5 | Not published publicly; the 0.0 pips headline figure is published for the Zero account only | Not published publicly | Cost detail for this tier is not published on public pages |
| Pro | MetaTrader 4 / MetaTrader 5 | Not published publicly | Not published publicly | Cost detail for this tier is not published on public pages |
| Zero | MetaTrader 4 / MetaTrader 5 | From 0.0 pips — the headline figure published for this account (monaxa.com, read 15 September 2026), as published rather than measured here | Not published publicly | The one tier the published headline spread figure is attached to |
| Cent | MetaTrader 4 / MetaTrader 5 | Not published publicly | Not published publicly | Cost detail for this tier is not published on public pages |
Where to go next for a specific answer
Login
Where the client portal opens, and why the brand's own login URL returns 404
Withdrawal
The three things that must be finished before a request can be made
Verification
Why identity and payment method are two separate checks
MetaTrader 5
What MT5 adds over MT4 on this broker, and which accounts reach it
How it works
How an account, the portal and the terminal fit together
How to open
What to prepare before registration starts
More: where the client portal opens, what has to be done before a withdrawal, the two verification checks, MT4 or MT5 and what to prepare before registering.
Monaxa in Malaysia — the short version
Monaxa is an offshore CFD broker built around four account types and a $15 entry threshold, with MetaTrader 4 and MetaTrader 5 as its platforms. Monaxa Ltd is registered in Anguilla under A000001175, and the group lists a Mauritius FSC Investment Dealer licence, GB23201577. Malaysia is absent from the restriction list the broker publishes, but the brand holds no Securities Commission Malaysia licence — its register at sc.com.my was checked on 15 September 2026 — so a Malaysian client contracts with an offshore entity and local regulatory recourse does not apply. Entity and licence details as published on monaxa.com and read on 15 September 2026.
Open an FxPro account →Which entity a Malaysian client contracts with
The brand and the counterparty are not the same thing. The company behind the brand is Monaxa Ltd, registered in Anguilla under number A000001175. A separate entity in the group holds an Investment Dealer licence from the Financial Services Commission of Mauritius, number GB23201577. A client opening an account should know which of those two the account agreement names, because that is the entity a dispute would be raised against.
That distinction matters more here than at a locally regulated broker. A licence held by one company in a group does not automatically extend to a client contracting with another. Both numbers above are published by the broker and were as published on monaxa.com and read on 15 September 2026; a reader can check either against the relevant register.
Background on the jurisdictions named here: Anguilla and the Financial Services Commission of Mauritius. The instrument itself is defined at Investopedia, and the local authority is the Securities Commission Malaysia.
What the published licence covers and what it does not
A Mauritius Investment Dealer licence is a real authorisation, and it is the strongest regulatory reference the brand publishes. It is also not a Malaysian one. The Securities Commission Malaysia has no licence on file for Monaxa, which means a Malaysian client trades with an offshore entity and the local compensation and complaints machinery does not apply.
This is a statement about the absence of a record, not an accusation. Plenty of brokers operate offshore lawfully. The practical consequence is narrow and worth stating plainly: if something goes wrong, the route is the broker's own complaints process — the brand states a complaint form is attended to within 48 hours — and then whichever foreign regulator the contracting entity answers to.
What the restriction list says about Malaysia
The broker publishes a restriction list naming Iran, Russia, Myanmar and North Korea. Malaysia is not on it. So access is not the obstacle; the regulatory perimeter is.
Read those two facts together rather than separately. Being accepted as a client and being protected as one are different questions, and only the first is answered by the restriction list. The list was as published on monaxa.com and read on 15 September 2026 and can change without notice.
Key account facts in one table
Standard, Pro, Zero and Cent are the four account types the broker publishes. The entry threshold is $15. Leverage is advertised at up to 1:2000 on low-volatility instruments, with availability dropping on volatile ones. Both MetaTrader 4 and MetaTrader 5 are offered, covering the same six asset classes: forex, crypto, commodities, indices, stocks and ETFs. What the broker does not publish on its public pages is what separates the four tiers in cost.
The one headline spread figure the brand publishes — from 0.0 pips — is attached to the Zero account and not to the other three, as published on monaxa.com and read on 15 September 2026; it is the broker's own published figure and was not measured here. No per-account commission or spread figures appeared on the broker's public pages when the broker's public pages were read on 15 September 2026, so none are reproduced on this site. All figures here carry the page they were read from and the day they were read.
Where to go next for a specific answer
The highest-traffic question on this brand is where to sign in, and it has an unusual answer: there is no canonical login page. That is covered on the login page. If money is the question, withdrawal and verification are the two pages that matter, in that order. For platform choice, MT5 and MT4; for the shape of the whole thing, how it works.
What this site is not, and where the button leads
This is an independent information site about Monaxa. It is not operated by the broker, it does not represent the broker, and it cannot act on an account. Questions about a specific account go to the brand's own channels: [email protected], its live chat or its complaint form. What this site is, who stands behind the text and what it will not do are set out on this site is not Monaxa.
The account buttons on this site open FxPro, a different broker that accepts clients from Malaysia. That is the commercial arrangement behind the site, and it is stated here rather than buried. The rules every page follows before a figure is printed are on what gets published here. Nothing on these pages is investment advice, and CFDs carry a high risk of losing money rapidly due to leverage.
Monaxa at a glance
| Detail | Monaxa |
|---|---|
| Registered entity | Monaxa Ltd, Anguilla A000001175 |
| Group licence | FSC Mauritius GB23201577 (Investment Dealer) |
| Licence in Malaysia | None on file with the Securities Commission Malaysia |
| Minimum deposit | From $15 |
| Maximum leverage | Up to 1:2000 on low-volatility instruments |
| Account types | 4 — Standard, Pro, Zero, Cent |
| Platforms | MetaTrader 4, MetaTrader 5 |
| Asset classes | 6 — forex, crypto, commodities, indices, stocks, ETFs |
| Headline spread figure | From 0.0 pips, published for the Zero account only |
| Support | [email protected], live chat, complaint form (48-hour stated response) |
Published by the broker on monaxa.com and read on 15 September 2026; confirm current terms before trading. CFDs carry a high risk of losing money rapidly due to leverage.