Monaxa is Offering a One Time 100% Forex Deposit Bonus
Monaxa is offering a One Time 100% forex deposit bonus that matches your first qualifying deposit with an equal amount of bonus funds, up to $500 or its equivalent in other currencies. The offer is open to both new and existing clients, but it is available for a limited duration and only on MT4/MT5 Bonus accounts with a base currency of USD, EUR or GBP. This guide explains how the offer works, how to claim it, and which conditions to check before you deposit.
What the Monaxa One Time 100% Forex Deposit Bonus Offers
The bonus is designed to increase the funds you have available for trading. A 100% deposit bonus means the broker adds bonus funds equal to your deposit, subject to the cap. Because the bonus is credited to your account, your trading balance is larger than the amount you deposited. That can give you room to size positions differently, spread your capital across more trades, or test a new strategy without committing all of your own money at once.
A larger balance does not reduce market risk. Bonus funds can be lost in the same way as deposited funds, and the bonus is usually tied to conditions that determine when, and whether, you can withdraw profits. Treat the bonus as an added feature of the account, not as free money.
Key Terms at a Glance
- Bonus type: One Time 100% deposit bonus
- Maximum bonus: up to $500 (or equivalent in other currencies)
- Eligible account: MT4/MT5 Bonus account
- Eligible base currencies: USD, EUR or GBP
- Who can claim: new clients and current customers
- Availability: limited duration
- Credit method: added automatically after a successful deposit
Who Can Claim the One Time Deposit Bonus
The campaign is open to all traders, but eligibility depends on the account type and base currency. You must open or use an MT4/MT5 Bonus account, and the base currency of that account must be USD, EUR or GBP. Accounts in other base currencies are not covered by the terms summarised here. If you are a novice trader or an experienced one, the rules are the same. The bonus is a one-time offer, so it is worth checking whether you have already received a similar bonus on your account before you deposit.
If you are comparing welcome offers from several brokers, our forex deposit bonus guide explains the general structure of these promotions and what to look for.
Step-by-Step: How to Claim the Bonus as a New Client
New clients follow a short sequence. The exact screens may change, so confirm each step on Monaxa's official site.
- Open a new account with the broker through the official Monaxa link.
- Select the MT4/MT5 Bonus account during registration. Check that its base currency is USD, EUR or GBP.
- Make your deposit. The bonus is credited only after the deposit is completed successfully.
- Confirm the bonus appears on your account balance. It is added automatically, so no separate claim form is mentioned in the terms summarised here.
- Trade and review the withdrawal conditions before requesting any payout.
Steps for Current Customers
Existing clients can also qualify. The process is shorter because the account is already open:
- Select the MT4/MT5 Bonus account or open one if you do not already have it.
- Make a successful deposit.
- Check your balance. The bonus is added automatically once the deposit is successfully made.
If your existing account is not an MT4/MT5 Bonus account or does not use one of the eligible base currencies, contact the broker's support team to confirm your options before depositing.
Conditions to Check Before You Deposit
Every bonus has terms and conditions, and they determine how useful the offer is in practice. Read the full terms on the broker's website before depositing. In particular, look for the following:
| Item | What is confirmed | What to check on the broker's site |
|---|---|---|
| Bonus rate and cap | 100% of the deposit, up to $500 or equivalent | How the cap applies to your currency and whether any deposit minimum applies |
| Account type | MT4/MT5 Bonus account only | Which platform versions and account features are included |
| Base currency | USD, EUR or GBP | How conversion and equivalent amounts are calculated |
| Eligibility | New clients and current customers | Any restrictions on previously used bonuses or accounts |
| Withdrawals | Not described in the summary used for this article | Trading volume requirements, withdrawal rules and how bonus funds are removed |
| Duration | Limited duration | The exact end date of the campaign |
The withdrawal row is the most important one. Many bonus programmes require you to meet a trading volume target before bonus funds, or profits linked to them, can be withdrawn. Do not assume any particular requirement applies until you have read it in the official terms.
Example: How the 100% Match and Cap Work
The following examples use only the rate and cap described above. They do not include any trading result or fee.
- Deposit of $250: a 100% bonus adds $250, for a total balance of $500 before any trading.
- Deposit of $500: a 100% bonus adds $500, which reaches the cap, for a total balance of $1,000.
- Deposit of $1,000: a 100% bonus would be $1,000, but the cap limits it to $500, for a total balance of $1,500.
In the third example, the extra $500 of your deposit is not matched. This is why the cap matters when you decide how much to deposit. Your amount also affects how much the bonus conditions apply to your trading.
Risks and Limits of Trading With Bonus Funds
Trading involves risk, and you can lose more than you expect when you use leverage or large positions. Bonus funds do not protect your deposit. A larger balance can encourage bigger trades, which increases potential losses as well as potential gains. Set a risk limit per trade, use stop-loss orders where appropriate, and avoid committing funds you cannot afford to lose.
It is also wise to compare the offer with other options. Our forex no deposit bonus page covers offers that do not require a deposit, and the Tickmill review shows how one broker's account structure and conditions are presented, which can help you judge any broker's offer more consistently.
Key Takeaways
The Monaxa One Time 100% Forex Deposit Bonus matches your qualifying deposit up to $500 on eligible MT4/MT5 Bonus accounts in USD, EUR or GBP. New and current clients can take part while the campaign is running. The bonus is credited automatically after a successful deposit. Before you claim it, read the full terms on the broker's website, especially the withdrawal and trading volume conditions. Only deposit what you can afford to lose.
FAQ
What is the Monaxa One Time 100% Forex Deposit Bonus?
It is a one-time promotion that adds a bonus equal to your qualifying deposit, up to $500 or its equivalent in other currencies, to an eligible MT4/MT5 Bonus account.
Which accounts qualify for the bonus?
Only MT4/MT5 Bonus accounts with a base currency of USD, EUR or GBP are covered by the terms summarised in this article.
Can existing clients claim the offer?
Yes. Current customers can claim it by selecting an eligible MT4/MT5 Bonus account and making a successful deposit. The bonus is then added automatically.
Is there a maximum bonus amount?
Yes. The bonus is capped at $500 or its equivalent in other currencies, so deposits above that level do not receive a larger bonus.
Are there conditions I need to meet?
Yes. Bonuses usually have terms covering trading volume and withdrawals. Read the full terms and conditions on the broker's website before depositing.