Monevis
Based on Trustpilot
Established
Platform
Account Types
Based on Trustpilot
Firm | Discount | Size | Steps | Profit Split | Profit Target | Max Drawdown | Daily Drawdown | Commission | Leverage | Trust Pilot Rating | Cashback | Buy | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Monevis | $144 20% OFF | 25k | 2 Step | 85% | 10% | 10% | 5% | $3 | 20 | 4.7 | $4 |  | |
Monevis | $48 40% OFF | 10k | 2 Step | 85% | 10% | 10% | 5% | $3 | 20 | 4.7 | $2 | | |
Monevis | $30 40% OFF | 5k | 2 Step | 85% | 10% | 10% | 5% | $3 | 20 | 4.7 | $2 | | |
Monevis | $406 20% OFF | 100k | 2 Step | 85% | 10% | 10% | 5% | $3 | 20 | 4.7 | $11 | |
Monevis is a Slovakia-based prop firm founded in March 2024 by Milos Mosovsky, offering traders up to $100,000 in capital after passing their trading challenge. With funding options from $5,000 to $100,000, traders can scale their accounts to $2,000,000 with profit splits up to 85%. Monevis stands out for having their own MT5 license, 7-day payouts, and specialising in two-step challenges.
Monevis, a prop trading firm founded by Milos Mosovsky in March 2024, operates from Slovakia and presents a unique approach to prop trading. With a professional and streamlined service, Monevis aims to provide traders with the necessary tools for their trading journey.
To access the best Monevis discount, traders can use the code PROPVATOR at checkout. This discount code, available through Propvator.com, offers the highest discount at the time of purchase.
Monevis has a clear policy regarding swaps: there are none. Traders can hold positions overnight and over the weekend without incurring any swap fees. This provides flexibility for various trading strategies.
Monevis allows the use of Expert Advisors (EAs), giving traders the option to automate their strategies. While most EAs are permitted, it’s advisable to confirm any specific EA with Monevis’s support team through live chat.
High-Frequency Trading (HFT) bots are prohibited, as they exploit market inefficiencies through rapid transactions. Traders should verify compliance with Monevis’s guidelines before deploying any EA.
Monevis permits news trading during the challenge phase, allowing traders to engage with market-moving events. However, in the funded stage, traders cannot open positions during major news events two minutes before and two minutes after the event, which is a precaution to manage risk effectively.
Traders can keep positions open over the weekend without any restrictions. This allows for the continuation of trading strategies without interruption.
Hedging strategies are allowed within a single trading account, permitting traders to open opposing positions on the same asset. However, hedging across different accounts is strictly prohibited, meaning traders cannot use one account to hedge positions from another.
Monevis has a clear stance against high-frequency trading (HFT). This strategy involves ultra-fast trading bots that seek to capitalize on minor market inefficiencies through rapid, high-volume trades. Monevis maintains strict guidelines to preserve market integrity by banning all forms of HFT.
Monevis offers a straightforward account structure, focusing on accessibility for traders. Here’s a closer look at their account options:
Traders can choose from the following account sizes:
The Two-Step Account requires traders to complete two phases before receiving funding, with specific profit targets in each step.
 Profit Target 1 | 10% |
 Profit Target 2 | 5% |
 Daily Drawdown | 5% |
 Max Drawdown | 10% |
 Profit Split | 70% |
Monevis uses a static drawdown calculation method, which helps in managing risk. All accounts have a Maximum Daily Drawdown of 5% based on the end-of-day closing balance, calculated daily at 23:05 CET.
Understanding these drawdown calculations is essential for maintaining your trading account.
Monevis provides access to MT5, a widely-used trading platform known for its versatility and range of features.
MT5 offers additional asset classes, timeframes, and order types, allowing traders various options for their strategies.
Monevis has a transparent commission structure across its trading assets. Conditions are calculated per round lot.
This consistent commission rate simplifies the cost calculations for traders.
Monevis provides leverage options for different asset classes, allowing traders to manage risk effectively.
Forex: 1:50
Gold: 1:20
Indices: 1:20
Crypto: 1:5These leverage levels enable traders to adjust their position sizes according to their strategies.
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United States
VenezuelaTo secure the highest available discount with Monevis, use the code PROPVATOR at checkout. This code offers a discount, making it more affordable to get started with Monevis. Additionally, Propvator provides discounts with other top prop firms.
Visit our homepage to explore these offers, compare firms, and select the one that best suits your trading needs. All firms listed on Propvator are vetted for reliability.
Monevis prop firm provides traders with a flexible trading environment and clear guidelines. With straightforward rules on drawdowns, competitive commissions, and a single-platform approach, Monevis is designed to cater to traders seeking a simple trading experience. Use the Monevis discount code PROPVATOR to take advantage of your trading opportunities with Monevis.