why does the spread vary?

Spreads may vary per instrument according to market conditions. Instruments which are typically more volatile are more susceptible to wider spread variations than other, more stable, instruments. 

This means that the spread you will receive at the opening and closing of a position cannot be fully predicted. However, Monyxa seeks to provide the best rates possible at all times and works only with top tier liquidity providers.The spreads on our fees page represent the minimum possible spread for any given instrument and should therefore be used only as a guideline.

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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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