Frequently Asked Questions

What is the Monaxa Cashback Standard Account?

It’s an MT5 trading account that pays you $3 USD back for every standard lot you trade on FX and Metals. Cashback is added to your balance automatically after each closed position, with no minimum volume and no cap.

How much cashback can I earn?

You get $3 USD for every standard lot you trade on FX and Metals. There is no cap on cashback earnings, so the more you trade, the more you get back.

Which markets earn cashback?

Trades on FX and Metals earn $3 per standard lot, plus MXT loyalty rewards.

What is the minimum trading volume?

There isn’t one. Every eligible trade earns cashback, with no minimum volume to reach.

What is the minimum deposit?

You can open a Cashback Standard Account with a minimum deposit of $15.

Do smaller trades count?

Yes. Cashback is paid proportionally, so a 0.1 lot trade earns $0.30.

What is the 120-second rule?

Each trade must remain open for at least 120 seconds to qualify for cashback. Trades closed before 120 seconds do not qualify.

When and where is cashback paid?

Cashback is paid automatically and proportionally, position by position, after each closed position. It is added to your balance, not as credit.

Can I withdraw my cashback?

Yes. Cashback is added to your balance, not as credit, so you can withdraw it or transfer it internally.

Can I use bonuses with this account?

No. Bonuses are not available on the Cashback Standard Account.

Do copy trading and PAMM count?

No. Trades made through copy trading or PAMM are not eligible for cashback.

Can I earn cashback and loyalty rewards together?

Yes. You can earn both, subject to the qualifying requirements of the cashback account and the loyalty programme.

Is a swap-free option available?

Yes. Swap-charging and swap-free options are available, subject to applicable eligibility rules and account conditions.

Can I use this account on MT4?

No. The Cashback Standard Account is available exclusively on MetaTrader 5.

 

Frequently Asked Questions

What is the Monaxa Cashback Standard Account?

It’s an MT5 trading account that pays you $3 USD back for every standard lot you trade on FX and Metals. Cashback is added to your balance automatically after each closed position, with no minimum volume and no cap.

How much cashback can I earn?

You get $3 USD for every standard lot you trade on FX and Metals. There is no cap on cashback earnings, so the more you trade, the more you get back.

Which markets earn cashback?

Trades on FX and Metals earn $3 per standard lot, plus MXT loyalty rewards.

What is the minimum trading volume?

There isn’t one. Every eligible trade earns cashback, with no minimum volume to reach.

What is the minimum deposit?

You can open a Cashback Standard Account with a minimum deposit of $15.

Do smaller trades count?

Yes. Cashback is paid proportionally, so a 0.1 lot trade earns $0.30.

What is the 120-second rule?

Each trade must remain open for at least 120 seconds to qualify for cashback. Trades closed before 120 seconds do not qualify.

When and where is cashback paid?

Cashback is paid automatically and proportionally, position by position, after each closed position. It is added to your balance, not as credit.

Can I withdraw my cashback?

Yes. Cashback is added to your balance, not as credit, so you can withdraw it or transfer it internally.

Can I use bonuses with this account?

No. Bonuses are not available on the Cashback Standard Account.

Do copy trading and PAMM count?

No. Trades made through copy trading or PAMM are not eligible for cashback.

Can I earn cashback and loyalty rewards together?

Yes. You can earn both, subject to the qualifying requirements of the cashback account and the loyalty programme.

Is a swap-free option available?

Yes. Swap-charging and swap-free options are available, subject to applicable eligibility rules and account conditions.

Can I use this account on MT4?

No. The Cashback Standard Account is available exclusively on MetaTrader 5.