does monyxa charge conversion fees?

Monyxa operates in USD, GBP and EUR, so we do not charge any fees for USD, GBP nor EUR deposits.

If you use credit or debit card for deposit over SafeCurrency, and your account is in another currency then the above mentioned. Then your bank might be charging your account according their policies. We would only receive the amount in the currency you have selected.

For example if you are in Russia, and your bank account is in RUB (Russian rubles), and you decide to deposit 1000 USD to your Monyxa’s account. Then we will receive 1000 USD. However your bank will deduct amount in RUB from your account according to their own conversion rate. These fees are various from bank to bank and completely out of our power.

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Monyxa.com is owned and operated by Monyxa Ltd, Griffith Corporate Centre, Suite 305, Kingstown, Beachmont Kingstown, VC0120, St. Vincent & Grenadines, registration number 26054BC2020 as a licensed financial broker.

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Monyxa Ltd (UK), located at 20-22 Wenlock Road, London, N1 7GU, registered by Companies House under number 12822563 is a fund management, security and commodity dealer and financial market administrator in the UK.

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Monyxa DMCC (UAE) located at Fortune Tower, Office 2106, Cluster C, Jumeirah Lake Towers, Dubai, UAE registered under number DMCC-792010 is a marketing company and call center provider for the Monyxa Ltd, for the Middle East.

IMPORTANT NOTICE: CFD’s are very complex instruments and come with a high risk of losing money due to leverage. It’s been proven that nearly 80% of all investors loose money when trading the CFD’s. You should wisely consider your understanding of CFDs and how they work and if you are willing to take the high risk of losing your funds. Please consider seeking a professional advice from an independent and licensed financial advisor to ensure that you have the relevant experience, knowledge and the risk taking appetite that suits you for trading. Monyxa shall have any liability under no circumstances to any person or entity for any kind of loss or damage resulting from, caused by or related to any CFD’s or any other trading transactions done at our platform. Most importantly, do not invest the capital that you cannot afford to loose. There are risks associated with on-line trading systems including, but not limited to, software and hardware failure, and Internet disconnection. Monyxa shall not be responsible under any circumstances  for communication failures, distortions or delays when trading via the Internet.

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