how do I withdraw funds from my account?

In order to place a withdrawal request, please follow these steps:

  • Click on the Withdraw Funds tab in the left-hand menu in your accounts tradersroom
  • Enter the amount to withdraw (in USD)
  • Complete the electronic withdrawal form as required (depending if you are requesting your withdrawal in Cryptocurrency or another methods)
  • Click “Submit”

Please be advised that funds can only be withdrawn from your available balance, so before you make a withdrawal request, you should ensure that you have the amount available in your balance. Please not, that Bonuses cannot be withdrawn, therefor your request will be rejected. You can only withdraw your funds without bonuses.

Please note the following important points:

  1. Your account needs to be verified!
  2. The minimum amount to withdraw is $30.
  3. The withdrawal fee is free.
  4. You will be notified via email once your withdrawal request has been processed by Monyxa.

Please note, that we only approve withdrawal request during standard working hours: Monday thru Friday 7AM – 5PM GMT. When you make a withdrawal request at night or during the weekend, we will need to approve it once our staff gets online! No need to panic 🙂

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licenses & regulations

monyxa is a brand name owned, operated and used by a group of companies monyxa ltd (SVG), monyxa ltd (UK), monyxa dmcc (UAE) and monyxa holding (pty) ltd (RSA)

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 administrating firm. please view the license here or view it online.

monyxa holding (pty) ltd (RSA), located at 1 leslie road, fairways, gauteng, south africa 

monyxa ltd (SVG) Griffith Corporate Centre, Suite 305, Kingstown, Beachmont Kingstown, VC0120, St. Vincent & Grenadines, registration number 26054BC2020 a licensed financial brokerage firm.

 

risk warning

CFD’s are very complex instruments and come with a high risk of losing money due to leverage. It’s been proven that nearly 76.34% 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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