Monevis Funding Review 2024

Monevis Funding has set a maximum daily loss of 5% and a maximum total drawdown of 10% in its evaluation phases. Profit targets in the first and second phase are 10% and 5%, respectively.

You can earn up to $100,000 in funding via this firm. Trading services are provided through the MetaTrader 5 platform.

Company Information Overview

Monvis Funding is a prop firm established in 2024, 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:

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:

What is The Funding & Price of 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:

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.

How to Register and Verify Your Account on Monevis Funding

You can register on Monevis in a very short time since the process is simple and straightforward. This tutorial will guide you through it:

• Visit the website and click the "Dashboard" button;
• Click the "Sign Up" link;

• Click the "Email" button at the bottom;
• Fill in your full name, provide an email address, and create a password;

Now, your account is created in Monevis. For verification, after buying a challenge and passing the phases, submit the required documents (proof of identity & proof of location).

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:

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 firm accepts 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

Monevis exclusively employs "Riseworks" to process payouts. 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 the 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 has received a 4.7/5 trust score on the Trustpilot website, based on over 60 reviews. The company provides a 24/7 support via 3 channels [live chat, email, discord.]

This firm, founded by CEO Milos Mosovsky, pays profit shares of up to 85% to its traders on a weekly basis.