Since we also function as a crypto exchange and we allow deposit by cards or bank transfers and withdrawals in crypto currency, we are required to be super secure. We could potentially loose our license if we allow processing stolen or unauthorised credit cards and…
Identity Theft Protect yourself against ID theft Destroy any piece of paper that contains your login and password to your account for MT5 or Monyxa’s Tradersroom. Never share your personal information with a stranger or any third party Update your records whenever you change your…
UPDATED ON JANUARY 17th 2021 – SafeCurrency services are no available to UK clients from January 10, 2021. Please note that verification process will fail by submitting a UK Government issued ID, DL or Passport. Safecurrency, as our Visa / MasterCard payment system provider, does…
Verification is a mandatory part of the process of trading on Monyxa. Once your account is verified, you will be able to enjoy the full benefits of trading on Monyxa especially you will be able to withdraw your funds. To verify your account, you are…
Many assets become volatile in and around certain financial events. For example, the monthly Non-Farm Payroll report often impacts the US dollar. To seize relevant opportunities when the market is moving, it is important to stay updated on recent happenings and upcoming events in global…
Please note, that the following market openings and closings times are all in GMT Timezone. Share Symbol Company Full Name Stock Exchange Country Name Trading Session AIRFR AIRBUS SE EPA EUROPE 07:00 – 15:30 ALOFR ALSTOM EURONEXT PARIS EPA FRANCE 07:00 – 15:30 BASDE BASF…
Cryptocurrencies are not regulated.
A Split is a market event whereby a company decides to divide its existing shares into multiple shares according to a certain ratio, i.e 1:5 or 1:3. For example if the ratio is 2:1, the stockholder will have 2 shares for every share previously held. As…
When a market is closed (for example, during weekends or daily market breaks), there are no rates being traded. However, news and announcements still affect the markets. It is possible that the market will open at a rate which is significantly different from the previous…
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…