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MonexCap Review

Logo

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Company Information

https://pforex.vip/r/Brokers-valutrades

Moving Account

Please send an email to [email protected] in this format:
Dear Sir/Madam, Please allocate my account…… (Your account number with Valutrades) in IB 3168942. Regards, …………….

Rebate & Cashback

Forex Up To $5
Gold, Silver & CFD Up To %15 of Spread

Min Deposit

100

Max Leverage

400

Foundation Date

2013

Headquartered

UK

Regulation & Company Information

Regulation

Monexcap has moved to another entity, ValuTrades. You can access the review on ValuTrades page.

Authorized and Regulated by the FCA
Valutrades Limited is authorized and regulated by the Financial Conduct Authority (FCA), one of the UK’s two new financial regulators, which replaced the Financial Services Authority in April 2013.

Regulation by the FCA demands that Valutrades implements vigorous systems and controls regarding capital adequacy, conduct of business and client money.

The FCA regulates the conduct of all regulated providers of financial services in the UK and has wide-ranging powers for rule-making, investigation and enforcement under the Financial Services and Markets Act 2000 (FSMA), as amended by the Financial Services Act 2012.

The FCA, which is accountable to the Treasury and, ultimately, Parliament, recognizes financial services companies like Valutrades that contribute to its overall goal of promoting efficient, orderly and fair financial markets.

An online trading company authorized by the FCA is one you can trust to execute your trades fairly, efficiently and with the highest ethical standards.

Safe and secure provider – segregated accounts via HSBC

Valutrades is subject to the FCA’s client money rules with regards to the handling of funds belonging to its clients. The purpose of the client money rules is to ensure that an authorized firm provides adequate protection for funds which it holds on behalf of clients.

As a retail client, all funds which you transfer to us in connection with your account will be treated as client money for the purposes of the FCA Rules. This means that such funds will be segregated from our money and will not be used by us in the course of our business.

The funds will be placed into a segregated client money bank account held at an approved bank in the EEA, currently this is HSBC.

In the unlikely event of a failure of Valutrades Limited, the FCA’s client money rules prescribe the way in which funds which are held in a client money account would be returned to clients.

The rules on client money, and in particular on the distribution of client money in the event of the failure of a firm or its bankers, are complex.

Like all authorized firms, however, Valutrades will always deal with client money it holds in accordance with these rules. In the event of a shortfall, you may be entitled to compensation from the Financial Services Compensation Scheme.

Company Information

We believe in delivering innovative trading platforms to CFD and FX traders worldwide.

Our approach is to support your trading endeavours. We believe that the customer should be at the heart of our business. If the customer is central to our activities and we satisfy our clients’ trading needs, they will be loyal and lasting supporters.

Valutrades stands for professionalism, education and quality service. Our focus is on our clients and building long term relationships with them and our partners.

We will deliver a level, transparent playing field for our clients and will ensure the best quality experience for all round trading and client services. Whilst our competitors may “over promise and under deliver” our philosophy is to always exceed expectations.

We aim to adapt to our clients’ needs and become an innovator of trading products and services.

Monexcap Review - Rebates & Cashback Up to $5 - Registration & Regulation

Platforms

Metatrader 4.0

MetaTrader4 (MT4) Trading Platform is a terminal that enables users to trade on Forex. This popular client-side MetaTrader4 terminal allows traders to analyze dynamics in financial markets, make deals, develop and use automatic trading software.

Web trader

The Web trader supports many functions that the Desktop Mt4 supports, however it is not a comprehensive trading platform. It is intended for use when access to MT4 Desktop Platform is not available, such as in an internet cafe, airport, or on the go.

iPhone& iPad App

Use the innovative iPhone and iPad device to fully trade on the MT4. Connect directly to your live account and trade with your fingers. Make full use of touch trading!

Android App

Android Mobile allows you to trade on our MT4 Platform anywhere anytime. Whether you have an Android phone or tablet you will be able to connect to FxUnited MT4 Platform and trade with Streaming Live Prices. The mobile platform offers a convenient way to connect to your trading account and trade on the go.

Mobile Based Version

Metatrader Mobile provides full access to financial markets, and allows you trade from anywhere in the world, provided you have internet access through your mobile device.

Monexcap Review - Rebates & Cashback Up to $5 - Trading Platforms

Account Type

  • Standard Account

Monexcap Review - Rebates & Cashback Up to $5 - Trading Accounts

Supported Language

  • English
  • Portuguese
  • Chinese
  • German

Monexcap Review - Rebates & Cashback Up to $5 - Supported Languages

Withdrawal Method

  • Wire Transfer
  • Credit card

Contact Information

You can contact monexcap.com with [email protected]

Customer support: +44 (0)20 3141 0888

Post address:

Valutrades Ltd, 135 Cannon Street, London EC4N 5BP, United Kingdom

Adavantages

CFDs have become a powerful part of many traders’ armory, giving them the flexibility to gain exposure to a range of markets both quickly and cheaply.

They are a derivative instrument so you never take ownership of the underlying asset, but this provides some unique aspects of flexibility which have helped drive the product’s popularity. We will look at five key reasons why traders across the globe are so keen to trade CFDs.

Go Long or Short

Unlike a traditional investment, CFDs allow you to trade on the expectation that the price of an asset will fall, just as easily as you can trade on a price rising.

So if the price of Gold today is $1300/oz and you think it will fall, you can enter into a CFD that sees you sell gold you don’t own. You then buy the gold back in the future – hopefully at a lower price – and make a profit. In the event that the price continues to climb, you can close out your position but will realize a loss.

Leverage

When you buy a physical asset – things like dollar bills or gold bars – you have to pay out the entire value of purchase to take ownership. However, with a CFD you are simply trading on the difference in price between the time you buy and the time you sell.

Because of this, you can leverage your capital as you only require a small deposit to open a position.

So if you want a CFD to give you exposure to $10,000 worth of a specific asset, you will only be required to have a percentage of this available as a deposit.

As a rule of thumb the more liquid the asset, the lower the margin requirement, but your typical currency pair will come with a 0.5% margin requirement. So for that $10,000 exposure, you only tie up $50 worth of margin.

Tight Spreads

A CFD will always show a two way price, reflecting the price at which your broker will allow you to buy or sell that instrument. The tighter the spread, the smaller the move needs to be in the underlying market to see your position turn profitable.

Because CFDs are what is known as an over the counter (OTC) product, this means that there are no exchange costs to take into account and the spreads are typically very tight.

Be aware however that in fast moving markets, those companies offering the very tightest spreads may be unable to fill your order at the price you expect.

Low Transaction Costs

Many physical assets attract some kind of levy from the government when they are bought and/or sold. A CFD is typically exempt from these charges although some jurisdictions are attempting to levy financial transaction taxes on instruments like this.

Your broker will make you aware if this affects you, or the products you may want to trade and you should always check your own tax position on any profits or losses before you start trading.

Access Global Markets

CFD traders enjoy the ability to have a single account yet be able to tap into a wide range of assets, depending on their trading strategy at that time. Historically a trader may have required one account to trade gold, another to trade currencies and a third to access indices.

What’s more, there would likely have been a time delay and administration required to move funds between the various accounts. With a CFD broker, you can have complete control over which instruments you trade on a day-by-day basis.