Let’s make Prop Trading Great Again!
Monevis Brokers is the New MT5 Prop Trading Firm with its own MQ License and here’s a summary of some key aspects of Monevis Brokers Ltd company:
Core Offerings and Policies:
Try it: www.monevis.com
Monevis Brokers is the New MT5 Prop Trading Firm with its own MQ License and here’s a summary of some key aspects of Monevis Brokers Ltd company:
Core Offerings and Policies:
- Proprietary Trading: Monevis extends its capital to traders, allowing them to trade without needing to use their own funds, offering significant leverage and access to advanced trading tools.
- MT5 License: Monevis operates its own MetaTrader 5 (MT5) servers with a MetaQuotes license, ensuring control over its trading infrastructure for reliability and security.
- Profit Split: Offers a starting profit split of 80% to traders, with the option to scale up to a 90% profit split, rewarding successful trading.
- Withdrawal Policy: Traders can request withdrawals every 14 days, with payouts typically processed promptly, often aiming for completion within the same business day.
- Account Types: Supports various account types, including Stable Path accounts for lower leverage and balanced trading, especially for news trading and weekend holding.
- Trading Strategies: Allows the use of various trading strategies, including scalping and the Martingale system. However, high-frequency trading (HFT) is not permitted to ensure fairness among traders.
- Account Management: Offers the possibility of merging accounts under specific conditions and emphasizes the use of stop loss orders as a recommended risk management tool.
- Inactivity Policy: Accounts are considered inactive and subject to breach if no trading activity occurs for 30 days, though provisions exist for pausing trading upon request.
Try it: www.monevis.com
Try it: www.monevis.com