Review Time
I wanted to get my investment back therefore I’m hoping the business can speed up the withdrawal procedure and provide better customer service for future customers it’s always turned down. I’m thrilled with Nruxad Home’ the customer service is excellent they take care of you quickly and the withdrawal process is simple.
I opened an account with Monaxa on August 13, 2025 (Trading Account: 923785). On August 14, I deposited USD 500 to trade, and after trading I made a profit of USD 1,487.35.On August 18, I requested my first withdrawal of USD 680, which was successfully processed and received. However, on August 19, when I requested my second withdrawal of USD 1,307.35, I was suddenly notified by email that my withdrawal was blocked.Monaxa then forced me to go through excessive and unreasonable KYC procedures. They asked me to provide endless documents, including video verification and selfies holding my ID. I already submitted my selfie with ID, yet they kept demanding more and more KYC steps, clearly using this as an excuse to delay or prevent my withdrawal.This is completely unacceptable. A legitimate broker should not restrict client withdrawals under such unreasonable conditions. Monaxa is proving itself to be a platform that does not allow proper withdrawals.⚠️ Warning to others: Monaxa may let you deposit and even process a small first withdrawal to build trust, but when you try to withdraw larger profits, they block your funds with endless KYC excuses. This is highly suspicious and shows that Monaxa is not a trustworthy broker.
Scam trading platform. I deposited my money 4months back. I wanted to withdraw the deposit back. It always gets declined. They don’t want to return my money back. No one is assisting at all. Withdrawal keeps getting declined for no reason at all. All I want is my deposit money nothing else.Sorry... your withdrawal request has been declined. Details below:Name: Mr Dumisani S P MkhwanaziPayment System: PayRetailers+ (ZAR)Account: 505591Currency: USCAmount: -22000Balance: 200Reason: FAILED_PAYOUT_REQUEST
This idiot company and idiot staff to much bad broker i ever seen totally scamer they eat your money they scam you i just deposited and want to withdrawal funds when i withdraw it after 2 days i received email Withdrawal Declined this company claim withdrawal process same day but please bro don't trust this shit brokerHi Abida,Sorry... your withdrawal request has been declined. Details below:Name: Abida KhalidPayment System: Cryptocurrency : NACEAccount: 913731Currency: USDAmount: -100.55Balance: 0.02These people did not give me my money and treated me very badly, even though I told them repeatedly that it was not my fault.These people are saying that I have done internal hedging. I am placing trades on an account in the morning and I made a profit from it. Then I applied withdrawal. It is very late for them. At first I did not know. Withdrawal was very late. So I thought I would create a new account. I created an account in my wife's name and placed trades on it in the evening.You guys should think for yourself that one account is making a profit in the morning and the other account is making a profit in the evening.How this internal hedging happened.You people should be ashamed of yourself for doing such things.
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We are a frictionless multi national, multi asset broker. We offer the trading assets you want. The account types you need. The trading conditions you deserve. On technology already trusted by millions. We offer access to the global markets including Forex, Indices, Gold, Oil and Stock CFDs. Frictionless trading is not just buzz words. It's how Monaxa was build from the ground up. Frictionless trading was worth waiting for. www.monaxa.com
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