Monevis Funding is just another prop firm with benefits such as a profit split of up to 85% and weekly payouts. These features are attractive, but does this firm have anything unique?
Also, is Monevis Funding trustworthy? Read this comprehensive review of the company to get to the answer of these questions.
Company Information Overview
Monvis Funding is a prop firm established in 2024, and founded and led by CEO Milos Mosovsky. It is registered in two regions, under 2 addresses:
- Monevis Brokers Ltd. with the Company Number 2023-00569, located in Ground Floor, The Sotheby Building Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia
- Monevis s.r.o. with the company Number 55215921, located in Podunajská 23/G Bratislava, Slovakia
Summary of Specifications
Let's have an overview of the specifications and features seen in the prop firm. Summary of Features in Monevis Funding:
Account Currency | USD |
Minimum Price | $60 |
Maximum Leverage | Not Specified |
Maximum Profit Split | 85% |
Instruments | Not Specified |
Assets | Not Specified |
Evaluation Steps | 2 |
Withdrawal Methods | Riseworks |
Maximum Fund Size | $100K |
First Profit Target | 10% |
Max. Daily Loss | 5% |
Challenge Time Limit | Unlimited |
News Trading | Allowed |
Maximum Total Drawdown | 10% |
Trading Platforms | Metatrader 5 |
Commission Per Round Lot | Not Specified |
Trustpilot Score | 4.7/5 |
Payout Frequency | Weekly |
Established Country | Slovakia |
Established Year | 2024 |
Pros and Cons
As with any prop firm or companies operating in other fields, Monevis Funding comes with its own set of advantages and disadvantages. Let's weigh them up:
Pros | Cons |
Own Trading Infrastructure | Drawdown Limits May Be Challenging For Some |
High Level Of Profit Splits (Up To 85%) | Prohibits High-Frequency Trading (HFT) |
How is The Funding & Price On Monevis Funding?
This prop firm offers a typical range of account sizes to suit different trader needs and preferences. Here's a breakdown of their funding options:
Funding | Price |
$5K | $60 |
$10K | $167 |
$25K | $270 |
$50K | $373 |
$100K | $584 |
It's worth noting that Monevis occasionally offers discounts and promotions, so keep an eye out for these opportunities to get started at a lower price point.
Evaluation Stages and Trading Rules
Monevis Funding employs a 2-step evaluation process designed to identify skilled and disciplined traders. In the table below, you will learn everything about these stages:
Time Limit | Unlimited |
Min. Profitable Days | 3 |
Profit Target (First Step, Second Step) | 10-5% |
Max. Daily Loss | 5% |
Max. Total Drawdown | 10% |
These operations are allowed in all accounts:
- Use of Expert Advisors;
- News trading (Only on evaluation);
- Weekend holding.
Available Bonuses And Promotions
Monevis Funding keeps things exciting for its traders with various bonuses and promotions. While specific offers may change over time, here are some examples of what you might encounter:
- Discount Codes: Use "FIRST30" to save up to 30% on your chosen Monevis challenge
- Trading Contests: Participate in competitions for a chance to win additional funding or prizes
Currently, there's a 60-DAYS-RUN trading contest, which is for affiliate partners. At the end of the period, 1% of the company's gross revenue generated by all partners will be divided among 3 lucky winners.
Tradable Instruments
Based on our investigations on the website and official sources, there are no specific data available about the trading assets on this prop firm. This is a drawback for the company's website.
Payment Options and Methods
Monevis Funding prop firmaccepts payments through a good range of methods to make it convenient for traders from every region:
- Credit/Debit Cards: VISA, Mastercard, and other platforms
- Cryptocurrencies: Bitcoin, Ethereum, Solana, and more
- E-wallet: Revolut
For processing payouts, Monevis exclusively employs "Riseworks". The company claims that they're working on expanding their options.
Commissions And Fees
We examined the website and looked up any information about the trading commissions and spreads. Unfortunately, Monevis does not reveal any data for fees in trading.
Trust Scores
Websites like Trustpilot, REVIEWS.io, etc. are good platforms for evaluating trust scores of prop firms. Trust Score of Monevis Funding:
- Overall Rating: 4.7 out of 5
- Number of Reviews: More than 60
- 5-Star Scores: +85%
Although there are no scores on other websites, which is disappointing, Monevis has achieved a high rating on the Trustpilot.
Customer Services and Support Options
Customer support plays a vital role in having a good experience with a company, especially when it comes to financial matters. Monevis takes an approach similar to most other prop firms for customer services. Support channels:
- Live Chat: On the website
- Email: support@monevis.com
- Discord: https://discord.com/invite/DHpntuyaqH
The company's website claims that the support team is available for your inquiries 24/7.
Social Media Accounts
Monevis Funding maintains an online presence on two social media platforms:
- X (Formerly Twitter): https://twitter.com/monevis
- Instagram: https://instagram.com/moneviscom
There's also a Discord server, which was mentioned above. That server is more like a community or network of traders.
Expert Suggestions
Monevis Funding does not offer anything unique, but it offers benefits such as a profit split of up to 85%. Also, the Trustpilot score is 4.7/5, which could be a sign of the firm's reliability.
Overall, Monevis seems to be a suitable and trustworthy choice for most traders, but we always suggest you to conduct your own research before any decision.
